Mortgage and Financial News From 2008-2-3 Page 14

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  • Orix to exploit subprime woes with US investment (FT.com via Yahoo! News)

    Orix (NYSE:IX), Japan's largest financial services company, is seeking to capitalise on the fall in valuations triggered by the US subprime mortgage problems to invest in the American market.
    2008-02-03 02:05:11
  • Moody's may downgrade A$83 bln of Australia RMBS (Reuters Finance News, Australia via Yahoo!7 Finance)

    SYDNEY, Feb 4 (Reuters) - Moody's Investors Service on Monday placed on review for possible downgrade 325 tranches totaling A$83 billon ($75.5 billion) from 144 Australian residential mortgage back securities (RMBS) transactions.
    2008-02-03 03:33:56
  • Dogs are woman's best friend (Channel 4)

    Forget man's best friend, it seems today's females seem to have the softest spot when it comes to looking after our pets.
    2008-02-03 04:11:34
  • Moody's Places A$83 Billion Australian RMBS On Review For Rating Cut (Nasdaq)

    SYDNEY -(Dow Jones)- Moody's Investors Service placed A$83 billion in Australian residential mortgage-backed securities on review Monday for a possible downgrade.
    2008-02-03 04:14:40
  • Retirees' small nest egg is more important than paying off a mortgage house mortgages after retirement (SaukValley.com)

    My wife and I are both retired. We're on Social Security and Medicare, plus I receive a small pension.
    2008-02-03 04:26:21
  • UPDATE 1-Moody's may downgrade A$83 bln of Australia RMBS (Reuters Finance News, Australia via Yahoo!7 Finance)

    SYDNEY, Feb 4 (Reuters) - Moody's Investors Service placed on review for possible downgrade A$83 billion ($75.5 billion) worth of Australian residential mortgage-backed securities (RMBS), after putting a top insurer on ratings watch.
    2008-02-03 04:44:37
  • Moody's May Cut A$83 Billion of Mortgage-Backed Bonds (Update1) (Bloomberg.com)

    Feb. 4 (Bloomberg) -- Moody's Investors Service may cut the ratings on about 45 percent of Australia's mortgage-backed bonds because of concerns the U.S. housing slump may make it harder for the insurer of the home loans to pay claims.
    2008-02-03 04:57:55
  • Banks likely to copy HDFC's rate cut

    Stockhouse Canada - At a time when many banks are witnessing an increase in housing loan delinquencies, thanks to a huge surge in their housing loan portfolios, it is good to know that one of the oldest mortgage lenders in the country has been able to maintain its asset ...
    2008-02-03 03:32:00
  • Services Growth Slowed as Housing Slumped: U.S. Economy Preview

    Bloomberg - The worst housing slump in a quarter-century is taking a toll on builders, retailers, wholesalers and financial firms including mortgage lenders. Job losses and softer consumer spending are adding to concern the economy is at risk of tipping into a ...
    2008-02-03 08:29:00
  • Dollar defies Fed's rate cut

    Times Online - ... but events so far this year have sent a signal to investors to reduce their positions.” The Bank of England Monetary Policy Committee is expected to cut British interest rates by a quarter-point on Thursday, but the Council of Mortgage Lenders said ...
    2008-02-03 03:25:00
  • Reserve must hold fire on rates - unions - Melbourne Herald Sun

    Reserve must hold fire on rates - unionsMelbourne Herald Sun, Australia - 6 hours agoMany households are under pressure after consecutive increases in official rates over the past three years, along with recent rate hikes imposed by lenders ...
    2008-02-03 09:13:06
  • Huckabee Asks Jesus to Stimulate Economy - Huffington Post

    Huckabee Asks Jesus to Stimulate EconomyHuffington Post, NY - 5 hours agoMr. Huckabee said that he had also asked Jesus to solve the nation's mortgage crisis by "casting out the money lenders." Jesus' fish-and-loaf-based stimulus ...
    2008-02-03 10:59:49
  • Slow progress for mortgage auction site - Stuff.co.nz

    Slow progress for mortgage auction siteStuff.co.nz, New Zealand - 3 hours agoUsers can put their mortgage application online at Fundit and a panel of lenders then get to bid for the business by offering competitive rates. ...
    2008-02-03 12:52:22
  • Securitisation hazards in era of loose credit - Economic Times

    Securitisation hazards in era of loose creditEconomic Times, India - 1 hour agoIt’s the process through which loans (such as housing loans) are removed from the books of lenders, and are transformed into debt securities that are then ...
    2008-02-03 02:57:33
  • Reserve Bank must hold fire on rates: unions - The West Australian

    Reserve Bank must hold fire on rates: unionsThe West Australian, Australia - 4 minutes agoMany households are under pressure after consecutive increases in official rates over the past three years, along with recent rate hikes imposed by lenders ...
    2008-02-03 03:55:15