Mortgage and Financial News From 2008-1-9 Page 3

RSS Feed

Previous Day: 2008-01-08

Return to the mortgage news archive home.

  • Rate verdict a close call (Interactive Investor)

    Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
    2008-01-09 10:41:47
  • Countrywide Home Loan Delinquencies Rise (AP via Yahoo! Finance)

    Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and for the entire mortgage sector.
    2008-01-09 10:51:55
  • Avis shares rise as analyst upgrades, predicting margin improvements

    CNBC - But Woo cut her price target and per-share earnings estimates for Avis, citing new expectations of lower domestic car and truck rental demand, along with the company's need to refinance debt during the first half of the year. Woo lowered her price ...
    2008-01-09 12:27:00
  • Commonwealth Edison Company Announces $450 Million Bond Sale

    Forbes - ComEd will use the net proceeds from the sale of the bonds to refinance maturing First Mortgage Bonds, refinance trust preferred securities and for general corporate purposes. The bonds are expected to be rated "Baa2" by Moody's Investors Service ...
    2008-01-09 02:43:00
  • Centro Questioned by Corporate Regulator, Australian Reports

    Bloomberg - Melbourne-based Centro, the owner of 700 U.S. shopping malls, said Dec. 17 it may have to sell assets to help refinance A$3.9 billion in debt, sparking a slump in its shares. To contact the reporter on this story: Laura Cochrane in ...
    2008-01-09 03:26:00
  • SLM Asks: Brother, Can You Spare $30 Billion, Cheaply?

    Wall Street Journal - Raising $30 billion of debt in today's credit markets isn't an easy task, but it is especially tough for student lender SLM Corp. The company, informally known as Sallie Mae, is seeking to raise that sum to refinance an existing loan while trying to ...
    2008-01-09 09:16:00
  • General Growth expects to refinance nearly $5.61 billion of debt ...

    CNBC - CHICAGO - General Growth Properties Inc. expects to refinance nearly $5.61 billion in short-term debt coming due in 2008 and 2009 as long-term fixed-rate loans, the mall real estate investment trust said Wednesday. As of the end of 2007, the mall ...
    2008-01-09 09:49:00
  • Centro securities fall more than 22pc

    News.com.au - People are waxing and waning between whether the business is viable on an ongoing basis, or whether they are going to refinance the debt that rolls over in three or four weeks from now,'' Mr Halliday said. "There are going to be the believers marking ...
    2008-01-09 10:06:00
  • Liverpool in no rush over stadium plan

    Daily Telegraph - One option being discussed by the banks is to lend money to the club to fund the start of work on the stadium project at the same time as offering Hicks and Gillett breathing space to raise new investment to help refinance the club acquisition. ...
    2008-01-09 10:14:00
  • Bush Urged to Extend Cuts in Tax on Capital Gains, Dividends

    Bloomberg - The industry representatives pressed officials to follow through on a proposal letting state governments exempt taxes on bonds sold to help homeowners facing default to refinance, the person said. Treasury Secretary Henry Paulson proposed the idea ...
    2008-01-09 09:59:00
  • Australia Corporate Bond Risk Rises to Record on Countrywide

    Bloomberg - Centro, which is seeking to refinance A$3.9 billion of debt by a Feb. 15 deadline, fell the most in three weeks in Sydney trading after the Australian newspaper said regulators questioned the company about accounting for its debt. Centro slid 25 ...
    2008-01-09 10:14:00
  • Australian Stocks Decline, Led by Alumina, Banks; CSL Rises

    Bloomberg - Centro Properties Group (CNP AU), the Australian mall owner that put itself up for sale after failing to refinance debt, tumbled 25 cents, or 23 percent, to 86 cents, its biggest loss since Dec. 18. Centro Properties met with Australia's corporate ...
    2008-01-09 10:14:00
  • Worker confidence plunges, even in upbeat Atlanta - Atlanta Journal Constitution

    Worker confidence plunges, even in upbeat AtlantaAtlanta Journal Constitution,  USA - 5 hours agoAnother big thing we're finding is home values have gone down and people may not have enough equity in their home to refinance. The industry has been hurt ...
    2008-01-09 04:52:26
  • Reds close to stadium decision - The Press Association

    Reds close to stadium decisionThe Press Association - 4 hours agoLiverpool have yet to make a decision on the design for a new stadium as the club's owners attempt to refinance the loans they used to buy the Reds for ...
    2008-01-09 05:46:43
  • no rush over stadium - Telegraph.co.uk

    no rush over stadiumTelegraph.co.uk, United Kingdom - 4 hours ago... on the stadium project at the same time as offering Hicks and Gillett breathing space to raise new investment to help refinance the club acquisition. ...
    2008-01-09 06:12:54