Mortgage and Financial News From 2007-10-15 Page 14

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  • Accredited Receives $100 Mln Working Capital From Lone Star Fund; To Resume Lending Operations - Update (Nasdaq)

    (RTTNews) - Monday, sub-prime mortgage lender Accredited Home Lenders Holding Co. revealed the receipt of a $100 million of working capital from its new parent, LSF5 Accredited Investments, LLC, a subsidiary of Lone Star Fund V L.P.
    2007-10-15 11:08:59

  • Mortgage Lender Selects Workway for Staffing Services (Business Wire via Yahoo! Finance)

    BURBANK, Calif.----Workway, a Burbank, Calif. - based staffing firm specializing in serving the financial industry announced at the MBA's 94th Annual Convention and Expo that 1st Republic Mortgage Bankers, Inc. , a direct lender to home buyers, has selected Workway to handle their staffing needs.
    2007-10-15 06:00:00

  • Rudd details campaign goals

    Australian Broadcasting Corp. - Mr Howard said just before to you that he made no promise about keeping interest rates at record lows. Well he did - that was the Liberal Party advertisement. And they've gone up five times since then. Rents are out of control, and then the other ...
    2007-10-15 02:44:00

  • Record oil prices and metals to bolster Toronto stocks

    Calgary Herald - Investors await the Bank of Canada's next decision on interest rates on Tuesday. Although it is expected to keep its key rate at 4.50 percent, analysts and investors will be keen to find out how the central bank will address the effects of a red ...
    2007-10-15 06:26:00

  • Pay Commission, election spend pose major risks for India: Lehman

    Economic Times - It could reduce the much-needed public financing for infrastructure investment and crowd out private investment as higher budget deficits push up interest rates. It could also raise the risk premium perceived by foreign investors, thereby slowing ...
    2007-10-15 07:23:00

  • US dollar still the predominant international currency despite ...

    FXStreet.com - Without the dollar's status, the US would not have such ready access to external financing; interest rates would have to rise to attract higher domestic savings; growth would slow well below potential," the rating agency noted. S&P said US ...
    2007-10-15 09:25:00

  • Derivative Fitch: RAP CD v2.0 Meets Market Need for CDO Valuations

    Forbes - ... market values derived from any combination of stress movements, correlation changes and default rates.' Two versions of RAP CD will be ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other ...
    2007-10-15 06:40:00

  • India's Hero Honda, Bajaj cut prices on some bikes (Reuters via Yahoo! Malaysia News)

    MUMBAI, Oct 15 - India's top motorbike makers, Hero Honda Motors Ltd and Bajaj Auto Ltd , have cut prices on their entry-level 100 cc bikes to encourage sales during the festival season, officials said on Monday.
    2007-10-14 10:07:19

  • Peer-to-Peer Lending Offers Solution for Strapped Consumers (Smart Money)

    A growing number of consumers are turning to peer-to-peer lending networks. Advertisement A.G. Edwards & Sons, Inc. - the nest egg company For more than 120 years, dedicated to providing you objective financial advice and looking out for your best interests.
    2007-10-15 05:13:53

  • INDICATORS - Lebanon - Updated Oct 15 (Reuters via Yahoo! Singapore News)

    BEIRUT, Oct 10 - Below is a table of the latest Lebanese economic statistics.
    2007-10-15 04:04:13

  • Put ARM questions to your lender (Detroit News)

    Q . My adjustable rate mortgage just reset. Since then the Fed has reduced interest rates. My first payment at the new rate is due Nov. 1. My question is, will my bank revaluate my rate based on the Fed's rate cut and do another reset with a lower payments because the index has changed?
    2007-10-14 11:34:28

  • Derivative Fitch: RAP CD v2.0 Meets Market Need for CDO Valuations (Business Wire via Yahoo! Finance)

    NEW YORK & LONDON----Derivative Fitch launched RAP CD v2.0 today. The new version of the CDO pricing and market risk analytics platform meets current market needs for the pricing of credit derivatives in a volatile and illiquid market.
    2007-10-15 06:39:00

  • Foreclosures skyrocketing

    Grand Rapids Press - The number of mortgage foreclosures in Jackson County this year has reached 950 ... Climbing foreclosure rates are not unique to Jackson County -- the state of ... If a homeowner can't find a way to get current on payments, the home is then often ...
    2007-10-15 07:02:00

  • Governor outlines plan to fight foreclosures (1 p.m.)

    South Coast Today - BOSTON — Governor Deval Patrick wants to persuade mortgage lenders to accept ... governor wants to use the program in cities with rising foreclosure rates ... less than the full values of their loans, so homeowners could sell at current ...
    2007-10-15 09:54:00

  • Security Bancorp, Inc. Announces Third Quarter Earnings

    MSN MoneyCentral - Investment and mortgage-backed securities available-for-sale increased from $27.8 ... These forward-looking statements are based upon current management expectations ... including, but not limited to, the general business environment, interest rates ...
    2007-10-15 08:42:00

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