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

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  • Battered mortgage lender promotes COO, restores quarterly dividend

    Marketwatch - BOSTON (MarketWatch) -- Thornburg Mortgage Inc., a provider of home loans that has been socked by the turmoil in mortgage and credit markets, said Tuesday that Larry Goldstone has been promoted to chief executive officer. Goldstone, who had been ...
    2007-12-18 07:59:00

  • Fed OK's a plan to clean up shady home lending (USA Today)

    A Federal Reserve plan being uannounced Tuesday would give people taking out home mortgages new protection against shady lending practices.
    2007-12-18 08:44:29

  • • Federal Investigation Nets 31 For Mortgage Fraud (Turks.US)

    Thirty-one defendants have been charged by federal prosecutors in a multimillion-dollar mortgage scam that stretched from Miami to Marco Island, two weeks after Miami-Dade County officials announced its own round of arrests for alleged home loan fraud.
    2007-12-18 05:36:24

  • Fed proposes new rules to clean up mortgage lending (TODAYonline)

    New home unders construction are seen outside of Chicago, 2006. Federal Reserve chairman Ben Bernanke said that the central bank was proposing new rules to clean up mortgage lending which are also aimed at protecting home buyers from potential fraud.
    2007-12-18 08:05:17

  • Thornburg Mortgage names new CEO, brings back quarterly dividend (Market Watch)

    Thornburg Mortgage Inc., a provider of home loans that has been socked by the turmoil in mortgage and credit markets, said Tuesday that Larry Goldstone has been promoted to chief executive officer.
    2007-12-18 08:04:38

  • Thornburg Mortgage to Pay a Dividend, Replaces CEO (Update2) (Bloomberg.com)

    Dec. 18 (Bloomberg) -- Thornburg Mortgage Inc., the lender that emerged from a cash shortage earlier this year, rose 6.4 percent in New York trading after resuming its dividend. Founder Garrett Thornburg resigned as chief executive officer.
    2007-12-18 06:58:09

  • Fed proposes new rules to clean up mortgage lending (AFP via Yahoo! News)

    Federal Reserve chairman Ben Bernanke said Tuesday that the central bank was proposing new rules to clean up mortgage lending which are also aimed at protecting home buyers from potential fraud.
    2007-12-18 07:31:24

  • GBC and Member Companies Raise Awareness of Business Action on AIDS

    Kaiser Daily HIV/AIDS Reports - The Aware™ bracelets campaign has been designed to stimulate interest in testing ... Michael Rabbow, HIV Policy & Public Affairs, CD Communications, Boehringer ... Recalling the reduced UNAIDS statistics on HIV/AIDS rates in India and some sub ...
    2007-12-17 07:17:00

  • Getting tedious:Permanent Account Number

    Economic Times - ... person (deductor) making certain payment/provisions for payment (salary, interest ... to deduct/ withhold income-tax at source (TDS) at different prescribed rates and ... compulsorily on computer media (3.5-1.44 MB floppy diskette or 650 MB CD-ROM ...
    2007-12-16 01:14:00

  • Inequality and Environment Challenge the World Economy

    Dar Al Hayat - But for the first time, the US economy stepped into a regression phase in 2006 and the interest rate started increasing since ... and the dynamism of its members in Central and Western Europe, has witnessed one of the most substantial growth rates ...
    2007-12-18 04:39:00

  • European govt bonds edge lower with focus on central bank actions

    FXStreet.com - Jonathan Loynes at Capital Economics said the inflation figures "are unlikely to prevent the Monetary Policy Committee from responding to the weakening outlook for the economy by cutting interest rates further over the coming months." At Yield ...
    2007-12-18 04:39:00

  • UPDATE: U.K. Inflation Surprises Economists, Holds Steady In November

    FXStreet.com - But the lower-than-expected U.K. inflation reading means the Bank of England should still be able to cut interest rates in the future to shore up economic growth. The Bank of England started to reduce interest rates in early December, moving its key ...
    2007-12-18 05:00:00

  • INDICATORS - Lebanon - Updated Dec 18 (Reuters via Yahoo! Singapore News)

    BEIRUT, Dec 18 - Below is a table of the latest Lebanese economic statistics.
    2007-12-18 12:51:03

  • Column: Economists say US recession could loom, but should we believe ...

    International Herald Tribune - The credit crisis, which has grown out of the collapse in the mortgage and housing ... Inflationary pressures have begun to mount, and lower rates would only fuel ... an independent consultant, he still is in much demand for his views on the current ...
    2007-12-18 09:11:00

  • Defaults to Quadruple as More Companies Cut to Junk (Update2)

    Bloomberg - ... we will have a year of more ratings downgrades than upgrades, steeper default rates as ... We're not content with the current ratings and we're focused on addressing the challenges of the mortgage business and executing a turnaround plan,'' said Gina ...
    2007-12-18 09:11:00

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