Mortgage and Financial News From 2007-10-15 Page 9

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  • ComplianceEase's New FHA Offering Helps Mortgage Lenders Rebuild Sales Pipelines (Business Wire via Yahoo! Finance)

    BOSTON----ComplianceEase®, a leading provider of compliance and risk management solutions for the financial services industry, announced today, at the Mortgage Bankers Association's 94th Annual Convention & Expo 2007, they expanded technology and services enabling lenders to originate higher-quality Federal Housing Administration insured mortgages more efficiently.
    2007-10-15 06:30:00

  • Chavez, Payne to address mortgage lenders (BizJournals)

    Albuquerque Mayor Martin Chavez and Ride Director Greg Payne will keynote the New Mexico Mortgage Lenders Association's luncheon on Thursday, Oct. 18 at the Sheraton Uptown hotel.
    2007-10-15 10:32:59

  • U.S. Stocks Drop After Citigroup Says Consumer Credit Worsening

    Bloomberg - Traders have increased wagers that the Federal Reserve will keep its benchmark interest rate steady this year after the dollar fell, oil prices rose above $86 a barrel for the first time and manufacturing in New York unexpectedly shot up this month ...
    2007-10-15 03:30:00

  • Refinance My Mortgage – I Want To Fix In My Adjustable Rate And ...

    Best Syndication - When you got your mortgage your interest rate was 5.00% for example. When you inquire about a fixed mortgage rate you find out they are around 6.250%. On a $230,000 mortgage, the difference in payment would be roughly $180 more than you pay now ...
    2007-10-15 01:36:00

  • Canada Afternoon: C$ Ends Lower Ahead Of BOC Rate Call Tues

    FXStreet.com - TORONTO (Dow Jones)--The Canadian dollar ended moderately lower Monday as market players squared up positions in the currency in advance of the Bank of Canada's interest rate announcement Tuesday morning. A Speech from the Throne from Prime Minister ...
    2007-10-15 12:45:00

  • European Two-Year Bonds Drop on Inflation; CP Fund Confirmed

    Bloomberg - Oct. 15 (Bloomberg) -- European two-year government bonds dropped on speculation reports this week will show inflation remains elevated in both the euro region and the U.S., undermining the case for interest-rate cuts. Two-year German notes declined ...
    2007-10-15 08:56:00

  • European govt bonds remain lower as markets await Bernanke

    Forbes - LONDON (Thomson Financial) - European government bonds remained lower as investors wait for a speech by Federal Reserve Chairman Ben Bernanke for more direction in interest rate expectations. Bernanke will speak on the US economic outlook in New York ...
    2007-10-15 08:21:00

  • Nasdaq Shrinks Ahead of Fed Meeting

    Wall Street Journal - The Nasdaq Composite Index lost nearly 1% Monday, despite a flurry of mergers and acquisition news, as investors braced themselves for the Federal Reserve's interest-rate meeting. A day before the Fed's meeting, the Nasdaq Composite declined 20.52 ...
    2007-10-15 12:10:00

  • UK mortgages becoming more difficult to obtain

    Reuters - A total 738,000 home loan applications were rejected in the half-year to October as interest rate rises started to bite and borrowers came up against tougher lending criteria, according to research by price comparison service MoneyExpert.com. That is ...
    2007-10-15 10:22:00

  • Labor seizes on Howard's interest rate gaffe

    Big Pond News - On day two of the federal election campaign, Mr Howard will spend another day in Canberra [File photo]. Photo: ABC TV Labor is resisting pressure to reveal its tax policy as it tries to capitalise on a gaffe by Prime Minister John Howard on interest ...
    2007-10-15 12:02:00

  • TREASURIES-Bonds slip on solid manufacturing, rate view

    Reuters - NEW YORK, Oct 15 (Reuters) - U.S. Treasury debt prices slipped early on Monday as a surprisingly robust manufacturing report reinforced bond investors' bets the Federal Reserve would hold interest rates steady at its policy meeting later this month ...
    2007-10-15 05:57:00

  • Words will speak louder than action in Bank rate announcement Tuesday

    680 News - OTTAWA - With the Bank of Canada expected to keep its key overnight interest rate unchanged at 4.5 per cent Tuesday, it will be the words it uses in making the announcement that will speak louder than the action. In particular, economists want to ...
    2007-10-15 02:26:00

  • Hunter Warfield First to Charge Interest on Collection Accounts

    Forbes - TAMPA, Fla., Oct. 15 /PRNewswire/ -- Hunter Warfield, Inc. (HWI), a firm specializing in debt collection for the multi-housing industry has completed all its programming to charge the legal rate of interest to debtors for its clients in all 50 states ...
    2007-10-15 06:33:00

  • Fitch Rates Bay Area Toll Authority's (California) $500MM VRDBs 2007 ...

    Forbes - The bonds are subject to a mandatory tender: (i) on each interest rate mode conversion date; (ii) on the interest payment date immediately following the rate period for bonds in the commercial paper or term modes; (iii) upon the expiration or ...
    2007-10-15 02:47:00

  • Bank of Canada injects C$780 mln to add liquidity

    Reuters - OTTAWA, Oct 15 (Reuters) - The Bank of Canada injected C$780 million ($796 million) into markets on Monday to lower the overnight interest rate toward the central bank's target and improve liquidity. The bank intervened regularly in August during a ...
    2007-10-15 12:31:00

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