Mortgage and Financial News From 2008-2-14 Page 43

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  • MBIA Releases Text of Letter Sent to Regulators on 'Open Source Model'

    MSN MoneyCentral - ... we've written on collateralized debt obligations (CDOs) and residential mortgage ... In effect, the model assumes that the elevated default rates expected in ... We don't believe there's any basis for giving his current estimates any ...
    2008-02-14 08:23:00

  • Bernanke: Economy 'Sluggish'

    Washington Post - ... that the situation could turn worse depending on the pace of job creation in coming months, the depth of the current ... Rising home mortgage default rates and falling home prices have upended the U.S. housing market. Large, bundled investments tied to ...
    2008-02-14 07:41:00

  • State Street Global Advisors Appoints Six Senior Executives to Its ...

    Forbes - The appointment of three current SSgA executives and three industry veterans new to ... In his new role, Wander is responsible for government, mortgage-backed, global ... Bill Street most recently was head of International Rates, with responsibility ...
    2008-02-14 07:33:00

  • Is a Collapse in the Cards?

    Time - Federal Reserve is madly cutting interest rates to try to head off a recession ... Reality: The current situation is very different from the savings and loan debacle ... the prices of financial stocks can be explained by the huge write-offs of mortgage ...
    2008-02-14 08:09:00

  • Outlook Hazy

    Forbes - ... of that group is not what the Senate Banking Committee got when it gathered current ... Bernanke left the door open to future cuts in short-term interest rates, saying ... at the same time admitting that the extent of the damage wrought by the mortgage ...
    2008-02-14 11:15:00

  • Fixed rates edge higher

    Marketwatch - ... the second month in December, indicating further weakness in home sales for January and February. As a result, mortgage rates ... Historical and current end-of-day data provided by FT Interactive Data . More information on NASDAQ traded symbols and ...
    2008-02-14 08:52:00

  • 4Q Florida real estate sales decline

    Tampa Bay Business Journal - Mortgage rates continue to be low, but availability is a concern. Current rates averaged 6.23 percent in the fourth quarter; a year ago it was 6.25 percent. In Florida's condo market, sales of existing condos also dropped during the fourth quarter ...
    2008-02-14 10:54:00

  • Fed Chief Leaves Room for Another Rate Cut

    New York Times - The Fed’s rate cuts have led to a more modest decline in mortgage rates for borrowers with good credit, but they have done ... The current economic situation is more than merely a “slowdown” or a “downturn,” said Senator Christopher J. Dodd ...
    2008-02-14 11:01:00

  • Florida's Housing Market for 4Q 2007: Sales Activity Remained Soft

    Forbes - Mortgage rates are still very favorable; people should take advantage of the rates and the current inventory. It truly is a great time to buy, and owning your home is one of the best ways to build financial security. And Bradenton and the Manatee ...
    2008-02-14 08:02:00

  • Mortgage rates little changed

    CNN Money - Current Mortgage Rates ... NEW YORK (CNNMoney.com) -- Mortgage rates were little changed this week as labor productivity rose higher than ...
    2008-02-14 07:19:00

  • Q4 2007 Aspen Insurance Holdings Limited Earnings Conference Call ... - Insurance News Net (press release)

    Q4 2007 Aspen Insurance Holdings Limited Earnings Conference Call ...Insurance News Net (press release), PA - 3 hours agoGross written premium for the year of $1.8 billion was down 6.5% as we chose to pull back from certain product lines where we felt rates were too low to ...
    2008-02-14 08:08:27

  • Is a Collapse in the Cards? - TIME

    Is a Collapse in the Cards?TIME - 3 hours agoAs I write this, stocks around the world are falling, the US Federal Reserve is madly cutting interest rates to try to head off a recession, and everyone is ...
    2008-02-14 08:18:31

  • Southern California Home Sales Slip To 20-Year Low - RTT News

    Southern California Home Sales Slip To 20-Year LowRTT News, NY - 3 hours agoLast month, a separate report from DataQuick revealed that the number of mortgage default notices filed against California homeowners jumped to their ...
    2008-02-14 08:20:30

  • MBIA Releases Text of Letter Sent to Regulators on 'Open Source Model' - PR Newswire (press release)

    MBIA Releases Text of Letter Sent to Regulators on 'Open Source Model'PR Newswire (press release), NY - 3 hours agoIn effect, the model assumes that the elevated default rates expected in the next 18-24 months continue for the rest of the lives of the securities. ...
    2008-02-14 08:34:19

  • Indexes Roll Into Red Zone On Moderate Volume - CNNMoney.com

    Indexes Roll Into Red Zone On Moderate VolumeCNNMoney.com - 3 hours agoThat's below current estimates of $277.7 million. On the upside, New Oriental Education & Technology Group (NYSE:EDU) EDU gapped up and rallied 3.09, or 7%, ...
    2008-02-14 08:36:59

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