Mortgage and Financial News From 2007-10-25 Page 11

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  • Countywide Report to Offer Peek at Mortgage Market

    CNBC - The nation’s largest mortgage lender has seen the total number of mortgage loans it has made or acquire plunge from year-ago levels. The decline in its business has forced it to shutter locations and lay off as much as 20% of its workforce. Others ...
    2007-10-25 01:52:00

  • Countrywide to work with critic on mortgage modifications (San Mateo Daily Journal)

    WASHINGTON — To help borrowers at risk of defaulting on home loans, Countrywide Financial Corp. is working with an activist group that had been strongly critical of the nation’s largest mortgage lender.
    2007-10-25 10:08:00

  • Morgan Stanley files $10M suit for bad loans (Crain's New York Business)

    The financial firm charged Santa Monica, Calif.-based Fremont Investment and Loan with refusing to honor warranties it gave on hundreds of bad mortgage loans.
    2007-10-25 11:09:33

  • Crunching credit

    Saipan Tribune - ... is called your "credit score," the most prominent of which is known as the "FICO" score, so named for the guys who calculate ... This score will be used to evaluate you when you need a mortgage, or when you want to finance a car, or get a credit card ...
    2007-10-25 09:42:00

  • Principality launches new affordability model

    Banking Business Review - UK-based building society, Principality, has launched a new affordability model, which can make it easier for borrowers to calculate the maximum size of mortgage that they can afford to repay.
    2007-10-23 05:58:00

  • Security Capital Assurance Reports Results for the Third Quarter and ...

    Forbes - The weighted average diluted number of shares used to calculate operating income per share for the third quarter of 2007 was ... Our triple-A ratings remain strong despite the stress in the residential mortgage market and we are well positioned to take ...
    2007-10-25 01:31:00

  • Security Capital Assurance Reports Results for the Third Quarter and First Nine Months of 2007 (PR Newswire via Yahoo! Finance)

    Security Capital Assurance Ltd today announced earnings for the third quarter and first nine months of 2007.
    2007-10-25 01:30:00

  • Principality launches new affordability model (Banking Business Review)

    UK-based building society, Principality, has launched a new affordability model, which can make it easier for borrowers to calculate the maximum size of mortgage that they can afford to repay.
    2007-10-25 03:01:22

  • Malaysian shares end morning mixed; rate cut hopes lift key index ...

    Forbes - Malaysian shares end morning mixed; rate cut hopes lift key index - UPDATE 10.25 ... at the end of the morning session Thursday, with hopes of another cut in US interest ... AirAsia Bhd jumped 7 sen or 3.5 percent at 2.06 ringgit after Malaysian Prime ...
    2007-10-24 11:55:00

  • Columbia Banking System Announces Increased Third Quarter 2007 ...

    MSN MoneyCentral - The 50 basis point reduction in the prime rate on September 18, 2007 had a fractional impact on our net interest income, because the rate change occurred so late in the third quarter. Due to our asset sensitive position, the full impact will not ...
    2007-10-25 06:21:00

  • Westamerica Bancorporation Declares Quarterly Cash Dividend

    MSN MoneyCentral - SAN RAFAEL, Calif., Oct. 25, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Westamerica Bancorporation (Nasdaq:WABC ... December 31, 2006, describe some of these factors, including certain credit, market, operational, liquidity and interest rate ...
    2007-10-25 08:59:00

  • Rate hike 'will force farmers off land'

    News.com.au - DEPUTY Prime Minister Mark Vaile has warned the nation's central bank that another interest rate rise could be the final straw for farmers thinking of leaving the land. Mr Vaile gave the warning as he campaigned in the drought-stricken electorate of ...
    2007-10-24 11:05:00

  • 'We are headed for billions in lost wealth'

    Guardian Unlimited - America's sub-prime mortgage crisis is likely to claim the homes of 2m families ... on adjustable rates rose from 73% to 91% and a fifth of these loans were "interest ... Some 2.17m of these mortgages are due to be reset to the higher rate between 2007 ...
    2007-10-25 10:32:00

  • Inflated political opinions aired by leaders

    News.com.au - But former prime minister Paul Keating, launching former ACTU secretary Greg Combet's campaign launch, also bought into the rates debate, describing Mr Howard as Australia's interest rate "king". He claimed that "22 per cent" interest rates in place ...
    2007-10-25 07:40:00

  • CommunitySouth Announces Continued Strong Growth, Assets Grew 39.7 ...

    MSN MoneyCentral - EASLEY, S.C., Oct. 25, 2007 (PRIME NEWSWIRE) -- CommunitySouth Financial Corporation (OTCBB:CBSO), parent company of ... Overall, we are very pleased with our quarter and year-to-date results, especially given the current interest rate environment ...
    2007-10-25 12:34:00

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