Mortgage and Financial News From 2008-2-26 Page 4

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  • Consumer confidence plunges (Seattle Post-Intelligencer)

    Houses are getting cheaper by the month. Everything else is becoming more expensive.
    2008-02-26 08:18:11

  • Dollar Falls to Record Low of $1.50 per Euro on Rate Outlook (Bloomberg.com)

    Feb. 27 (Bloomberg) -- The dollar fell to a record low of $1.50 per euro on speculation Federal Reserve Chairman Ben S. Bernanke will indicate the U.S. central bank is prepared to keep lowering interest rates.
    2008-02-26 08:26:21

  • Nationwide blow to first-time buyers

    Times Online - Nationwide Building Society will no longer offer competitive mortgage deals to ... The lender will now charge 0.2 percentage points on loans above 75 per cent ... On a £150,000 home loan, a borrower would now be forced to save £37,500 to get ...
    2008-02-25 08:10:00

  • Mortgage giant's sale may collapse

    Baltimore Sun - ... try to pull out or pay less for Countrywide Financial Corp. could intensify next week when the troubled mortgage lender ... The housing slump has pummeled mortgage lenders, as home price declines have led to record levels of mortgage defaults, causing ...
    2008-02-24 11:14:00

  • Stocks Rise in Europe, Asia, Led by UBS; U.S. Futures Advance

    Bloomberg - Commonwealth Bank, Australia's biggest mortgage lender, rose 4.9 percent to A$44.67. Ambac may get $3 billion in new capital as part of a rescue agreement with banks, according to a person with knowledge of the discussions.
    2008-02-25 01:51:00

  • Stocks Rise in Europe, Asia, Led by UBS; U.S. Futures Advance

    Bloomberg - Commonwealth Bank, Australia's biggest mortgage lender, rose 4.9 percent to A$44.67. Stocks climbed in the U.S. on Feb. 22 after CNBC on-air editor Charles Gasparino said that a bailout may be announced this week, citing bankers working ...
    2008-02-25 12:32:00

  • Australian lender RHG reports return to profit after credit squeeze ...

    International Herald Tribune - Australian lender RHG reports return to profit after credit squeeze loss ... SYDNEY, Australia : Australia's RHG Ltd., previously known as RAMS Home Loans Group ... RHG will continue to manage and service its mortgage book, and the profits of the ...
    2008-02-25 05:14:00

  • Nationwide buyers need 25pc deposit

    Daily Telegraph - Nationwide Building Society, the country's second-largest mortgage lender, is prepared to let its share of the home loan market shrink as it is battered by the credit crunch. Britain's biggest building society, which writes one in every 10 mortgages ...
    2008-02-25 05:00:00

  • HUD proposes changes to mortgage rules

    Reuters - ... is circulating to lawmakers proposed rules that would force lenders to make more accurate estimates of home mortgage ... The most controversial portion of the proposal would require any lender payments to mortgage brokers to be noted on the good faith ...
    2008-02-26 03:04:00

  • Australian lender RHG returns to profit

    Boston Globe - Australian lender RHG returns to profit ... SYDNEY, Australia— Australia's RHG Ltd., previously known as RAMS Home Loans ... RHG's 13.4 billion Australian dollar ($12.4 billion) mortgage book is now closed and ...
    2008-02-26 02:00:00

  • Ranchers Concerned Over Dry Conditions (KOAT Albuquerque)

    SOUTHEAST NEW MEXICO -- Monday's wildfire in Southeast New Mexico was aided, in part, by recent dry conditions. In fact, that area hasn't seen any significant moisture in more than four months.
    2008-02-26 06:02:29

  • Police Arrest Car Thief Following Chase (KIRO 7 Seattle-Tacoma)

    LACEY, Wash. -- Mason County sheriff’s deputies arrested 36-year-old Mark Haddock after he stole a car and led police on a high-speed chase before trying to run over deputies.
    2008-02-26 06:14:41

  • WWII Veteran Attacked Over Dog Bark (KOAT Albuquerque)

    ALBUQUERQUE, N.M. -- A decorated World War II Navy veteran is recovering after an attack left him with a broken leg and a pin in his hip. Police say a stranger walking by Gene Rowland's yard went after him because his dog, Daisy, was barking.
    2008-02-26 06:17:22

  • Otay cover story (San Diego Daily Transcript via Yahoo! News)

    Otay Ranch's habitat restoration program is the cover story in the current issue of Land and Water, a national trade journal that covers natural resource management and restoration.
    2008-02-26 06:29:21

  • Local Police Get New Tool Thanks To Generous Donation (WJAC 6 Johnstown)

    A local community reached out to one family in the wake of a tragedy three years ago and now that family is giving back.
    2008-02-26 06:35:37

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