Mortgage and Financial News From 2007-12-18 Page 16

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  • Fed endorses new home mortgage plan (AP via Yahoo! News)

    The Federal Reserve endorsed new rules Tuesday that would give people taking out home mortgages new protections against shady lending practices.
    2007-12-18 11:43:21

  • Fed to Unveil Home Mortgage Rules (Washington Post)

    European banks moved again on Tuesday to smooth credit markets and calm investors, as the Federal Reserve prepared to consider new home mortgage rules meant to curtail the subprime lending practices that have roiled the global financial system.
    2007-12-18 04:11:02

  • Deerfield Triarc Capital Corp. to Acquire Deerfield & Company LLC

    Forbes - ... Executive Officer, Robert Grien, President and Richard Smith, Chief Financial Officer, will continue in their current ... the mortgages underlying DFR's mortgage securities holdings; * DFR's inability to obtain favorable interest rates ...
    2007-12-18 07:45:00

  • Unbridled Energy Provides Update on Ohio River, Ohio, USA

    MSN MoneyCentral - Equitable will earn a 50% working interest in Unbridled's 100% holdings. The current well design calls for drilling 2,500 ft. laterals and ... plans and proposed wells, ongoing evaluation of certain exploration results, production rates and ...
    2007-12-18 05:58:00

  • Proposals wouldn't help current borrowers but aim to avoid next crisis

    Marketwatch - The proposed rules wouldn't help current borrowers holding a loan but aim to head off another lending crisis like the one ... About 2 million adjustable rate mortgages are expected to reset to higher interest rates in the next year. The Bush ...
    2007-12-18 09:04:00

  • Parking rates take off

    Cincinnati Enquirer - ... Jan. 15, parking rates will start at $3 and max out at $13 per day, compared with the current schedule of $2 and $12. Long-term parking rates will ... Another $32.5 million will go toward principal and interest payments on bond debt, down 6.9 percent ...
    2007-12-18 09:11:00

  • Soft CPI fans Bank rate cut talk

    Reuters UK - That would further erode the yield advantage of sterling, which still enjoys the highest interest rates in ... forecasts in a Reuters poll released on Tuesday showed growth slowing next year, while rates are cut by 50 basis points from the current 5.50 ...
    2007-12-18 07:38:00

  • Euroshares close lower as rate concerns trump credit market relief ...

    Forbes - ... inflationary pressures on both sides of the Atlantic may stall further interest rate ... on both sides of the Atlantic may put a brake on central banks cutting rates ... The talks follow reports that SFR is seeking to raise its current 40.5 pct stake in ...
    2007-12-18 09:18:00

  • BOE Auctions 10 Billion Pounds of 3-Month Loans (Update2)

    Bloomberg - ... month loans today as part of a global effort by central banks to lower money-market interest rates ... showed surprise that the central bank accepted bids below its own benchmark interest rate. ``It's the first time in the current period of ...
    2007-12-18 08:28:00

  • Goodrich Petroleum Provides Operational Update for James Lime Activity ...

    Forbes - GDP) today announced initial production rates on its second and third horizontal ... The Company is the operator of the well with an approximate 72% working interest. The ... Our current plans are to continue the aggressive development of our 67,500 gross ...
    2007-12-18 07:52:00

  • Dollar to keep status as top reserve unit-panel

    Forbes - ... to address the global imbalance between nations running huge trade and current account deficits and surpluses. The dollar has declined on worries about the U.S. economic outlook, which has prompted the Federal Reserve to slash interest rates by 100 ...
    2007-12-18 09:39:00

  • Inflation bolsters rate-cut expectations

    Globe and Mail - There's still plenty of room for further price cuts,” he said. “Suffice it to say that the current inflation outlook presents no block to lower interest rates in Canada.” Economists polled by Bloomberg had expected an overall 2.4-per-cent pace ...
    2007-12-18 07:16:00

  • Govt's interest bill grows Rs 15,833 cr in Apr-October

    Daily Pioneer - It has permitted the RBI to raise up to Rs 2,50,000 crore during the current fiscal under market stabilisation scheme to suck out excess liquidity from the economy. However, due to rise in interest rates, Government has been forced to pay higher ...
    2007-12-18 09:39:00

  • Pound under pressure after inflation report

    Financial Times - Analysts said news that the European Central Bank would supply two-week funds at below current market interest rates limited the risk of any crisis of liquidity over year-end. The resulting rise in risk appetite put pressure on the yen, feeding demand ...
    2007-12-18 03:13:00

  • SNB sees no Swiss real estate trouble so far

    Guardian Unlimited - This was the reason why the SNB had decided to leave interest rates unchanged at its meeting last week, he said. The current housing market in Switzerland could not be compared with that in the United States immediately before the ...
    2007-12-18 08:14:00

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