Mortgage and Financial News From 2008-3-8 Page 14

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  • US stocks reverse course, move higher

    Fort Worth Star-Telegram - ... about home foreclosures and further credit woes - a string of troubles that started when debt backed by home mortgages began ... US stocks reverse course, move higher
    2008-03-07 04:08:00

  • Thornburg defaults on JPMorgan debt

    Financial Times - It has run into trouble by funding its lending with short-term borrowings, such as reverse purchases agreements, or “repos”, under which mortgages or other collateral are posted in return for a loan.
    2008-03-06 03:51:00

  • Reverse Mortgage Seminar

    Budgeteer News - 10:00 a.m. to 11:00 a.m. 218-727-1469 Learn the answers to the important questions about reverse mortgages. Come join John Curtis as he breaks down the potential benefits of a reverse mortgage. John has over 15yrs experience to share with you. The ...
    2008-03-07 05:41:00

  • Thornburg Mortgage to Restate Its Financial Statements to Recognize Impairment Loss on Assets (wallstreet:online AG)

    Thornburg Mortgage, Inc. (NYSE:TMA) -- Impairment Losses Do Not Impact Company´s Shareholder
    2008-03-07 10:39:55

  • Thornburg Mortgage to Restate Its Financial Statements to Recognize . (2º)   (InfoBolsa)

    Impairment Loss on Assets 07/03/2008 18:28:00 Business Wire within a timeframe acceptable to its lenders, through a combination of selling portfolio assets, issuing collateralized mortgage debt and raising additional debt or equity capital.
    2008-03-07 11:38:00

  • Kazak Budget Cuts Could Backfire (Institute for War and Peace Reporting)

    Government’s belt-tightening exercise could trigger recession, according to some economists. Plans by the Kazak government to slash government spending have raised fears of mass unemployment and recession.
    2008-03-07 03:14:22

  • Press Briefing by Dana Perino and Edward Lazear, Chairman of the Council of Economic Advisers and Keith Hennessey, ... (White House)

    MS. PERINO: Good afternoon. I have one scheduling announcement for you for next Friday: The President will travel to New York City, where he will make remarks on the economy to the New York Economic Club; so we give you that update.
    2008-03-07 04:11:34

  • Business briefs (Daytona Beach News-Journal)

    Founder buys back Barnie's coffee shops
    2008-03-07 11:08:08

  • Home Equity's 2007 net profit takes plunge (Toronto Star)

    Reverse-mortgage firm Home Equity Income Trust has reported a nose-dive in annual profit to $1.6 million from a year-earlier $7.3 million.
    2008-03-08 01:44:50

  • A Reverse Mortgage Mess? (Washington Post)

    With $4 trillion of home equity wrapped up in the houses of America's senior citizens, it's no coincidence that the market for reverse-mortgage loans is finally taking off.
    2008-03-08 06:04:29

  • Events calendar (The Daily News)

    GENERAL INTEREST Daily News needs your egg hunt information
    2008-03-08 06:40:26

  • Health funds increase fees 5%

    News.com.au - The fee increase is another blow for home-owners struggling to meet constant interest rate rises on mortgages. ... HBA, the second largest non-government health insurer, said its average premium increase would be 4.58 per cent.
    2008-03-05 09:07:00

  • Pending home sales below market forecast

    BusinessWeek - ... data released Thursday show January pending U.S. home sales were below analysts' expectations and remained at the second ... The Mortgage Bankers Association, said the proportion of all mortgages nationwide that fell into foreclosure shot up to a ...
    2008-03-06 10:00:00

  • European Stocks, U.S. Index Futures Decline; Asian Shares Rise

    Bloomberg - Aegon NV, the second-largest Dutch insurer, lost the most in three weeks on a 26 percent drop in earnings. ... The Stoxx 600 has lost 14 percent this year on concern the collapse of subprime mortgages and a slowdown in the U.S. economy ...
    2008-03-06 04:45:00

  • CEOs defend high pay despite companies' losses

    Louisville Courier-Journal - The hearing was the second held by Waxman on executive pay, which Forbes magazine said averaged $15.2 million for the CEOs ... In 2007, the firm reported $18 billion in writedowns related to subprime and other risky mortgages.
    2008-03-08 02:48:00

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