Mortgage and Financial News From 2008-6-5 Page 5
Previous Day: 2008-06-04
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Watch List (June 1-7): Dealing with Troubled Loans (CoStar Group)
In this week’s issue: BRT Realty deals with its default portfolio; A loan on a Danbury, CT, office building goes to auction; The economy is taking a toll on toll roads; Plus, we give you the latest properties on the Watch List.. (EDITOR'S NOTE...
2008-06-05 02:23:21 -
Property Finance (June 1-7): Getting a Piece of Bank Asset Sales (CoStar Group)
In this week's issue: Look for more and more banks to outsource their loan sales; JPMorgan agrees to let Indalex sell and leaseback more assets; Plus we give you new property finance deals a valuable leads list of loans maturing in the next 12 months...
2008-06-05 02:23:31 -
What to know about FHA loans (Bankrate.com via Yahoo! Finance)
FHA-insured loans lagged during the housing boom, but are skyrocketing now. What do borrowers need to know?
2008-06-05 03:00:00 -
Fitch Announces Various Rating Actions on Mortgage Insurers (Centre Daily Times)
Fitch Ratings has announced a number of rating actions on the U.S. private mortgage insurance (MI) sector (see full list below). Several of these actions have led to downgrades of multiple notches to the insurer financial strength (IFS) and debt ratings of the affected companies.
2008-06-05 01:59:22 -
Will the real John McCain stand up - Guardian Unlimited
Ask any American what they know about John McCain and they will probably reply that he is a war hero who survived years of brutality in a Vietnamese prisoner of war camp. They might add that he is a maverick, free-thinking spirit who values ...
2008-06-05 08:08:00 -
Previewing the '08 Finals, by the book - ESPN.com
You thought every angle had been covered for this incredible, throwback Lakers-Celtics Finals? Well, here's a new one: For the first time in NBA history, a team (in this case, the Lakers) might win a championship a few years after its coach (Phil ...
2008-06-05 09:48:00 -
High alert as RBA holds rates - News.com.au
INTEREST rates may be on hold, but the Reserve Bank is on high alert for any signs of a fresh outbreak of inflationary pressures. In a widely anticipated move yesterday the Reserve Bank left rates at 7.25 per cent, but warned that while the economy ...
2008-06-03 10:26:00 -
Stock plunge exposes Pakistan problems - MSN MoneyCentral
ISLAMABAD, Pakistan (AP) - Pakistan's high-flying stock market has returned to earth with a bump as worries about the nation's stability spook investors who had looked past the specter of terrorism to the chance at juicy returns. The stratospheric ...
2008-06-05 07:46:00 -
Energy Sector Roundup: Oil bounces back - CNBC
NEW YORK - Following is a summary of top stories in the energy sector Thursday afternoon. Oil Recoups Week's Losses Oil prices rose back above $128 a barrel after the dollar fell in response to comments by European Central Bank President Jean-Claude ...
2008-06-05 12:33:00 -
India, Malaysia Risk Inflation With Fuel Price Rise (Update1) - Bloomberg
June 5 (Bloomberg) -- Asian governments are falling behind in their battle against record oil prices, risking public protests, higher interest rates and slower growth. Indian Prime Minister Manmohan Singh and his Malaysian counterpart, Abdullah Ahmad ...
2008-06-05 12:04:00 -
UPDATE 1-Malaysia c.bank chief says rates on hold for now - Forbes
KUALA LUMPUR, June 5 (Reuters) - Malaysian inflation is likely to rise to a 10-year high in 2008 following sharp rises in domestic fuel prices, but the central bank does not need to raise interest rates, the head of the authority said on Thursday ...
2008-06-04 11:33:00 -
India is ready for REITs (Business Standard India)
Based in Singapore, Stuart Crow is the head of Asia Capital Markets at Lang LaSalle (JLL), a global property and investment consultancy firm, and advises governments and corporates on divestment and acquisitions, investment strategy among others.
2008-06-05 12:09:31 -
No oil for troubled waters (The Hindu)
Governments in power have for too long brushed under the carpet certain crucial aspects of the oil economy, and have been taking the easy course of tinkering with prices.
2008-06-05 12:20:07 -
Fed expands number of banks in mortgage relief program (Boston Herald)
The Federal Reserve Bank of Boston is expanding the number of banks participating in a program designed to help those fighting off foreclosure. The Fed, with assistance...
2008-06-05 12:20:26 -
Foreclosures hit a record high _ and more coming (Indianapolis Business Journal)
The foreclosure hammer is hitting ever harder. People lost their homes at the highest rate on record in the first three months of the year, and late payments soared to a new high, too _ an alarming sign that the housing crisis and its damage to the national economy may only get worse.
2008-06-05 12:47:16