Mortgage and Financial News From 2008-1-9 Page 5

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  • Centro shares down 22pc (Adelaide Now)

    SECURITIES in Centro Properties Group suffered again today with investors ditching the stock amid concerns over the viability of the company.
    2008-01-09 10:16:16

  • Australian Stocks Decline, Led by Alumina, Banks; CSL Rises (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Australia's S&P/ASX 200 Index fell for a fourth day, led by Alumina Ltd. after the company reported lower than forecast full-year profit.
    2008-01-09 10:29:53

  • Sherman City Council makes plans to finance future projects (Sherman Herald Democrat)

    By Kathy Williams Herald Democrat SHERMAN — The City Council voted to sign a contingency contract with First Southwest Co. to advise the city on issuing contractual obligation bonds to pay for improvements to roads, utilities and recreation areas.
    2008-01-09 10:32:17

  • Centro Falls a Fourth Day After Report of Regulator's Concerns

    Bloomberg - ... 86 percent in two days to 80.5 cents after Centro said Dec. 17 it's struggling to refinance debt because of the collapse in the subprime mortgage market ... in its June 30 accounts, the newspaper reported, without saying where it obtained that information ...
    2008-01-08 03:55:00

  • Stocks Bounce, but Recession Fears Linger

    BusinessWeek - The refinance portion of mortgage activity increased to 57.7% of total applications from 50.9% the previous week, while adjustable ... Energy Information Administration reported a much bigger decline in oil inventories than had been anticipated. ...
    2008-01-09 02:07:00

  • Centro Drops on Report About Regulator's Questioning (Update2)

    Bloomberg - ... 86 percent in two days to 80.5 cents after Centro said on Dec. 17 it's struggling to refinance debt because of the collapse in the subprime mortgage ... in its June 30 accounts, the Australian reported, without saying where it obtained that information ...
    2008-01-09 09:45:00

  • Should you stop paying your mortgage payment? - American Chronicle

    Should you stop paying your mortgage payment?American Chronicle, CA - 1 hour agoA lot of folks speculated in the Great Game of real estate, or else they simply bought with little down payment, or they refinanced and have no equity and ...
    2008-01-09 08:58:49

  • Centro Drops on Report About Regulator's Questioning (Update2) - Bloomberg

    Centro Drops on Report About Regulator's Questioning (Update2)Bloomberg - 32 minutes ago17 it's struggling to refinance debt because of the collapse in the subprime mortgage market. ``Any threat to Centro's ability to manage its debt or control ...
    2008-01-09 09:39:59

  • Centro Falls a Fourth Day After Report of Regulator's Concerns (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Centro Properties Group, the Australian owner of U.S. malls that put itself up for sale last month, fell the most in three weeks in Sydney trading after the Australian newspaper reported regulators questioned the company about accounting for its debt.
    2008-01-09 06:00:03

  • Centro Drops on Report About Regulator's Questioning (Update2) (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Centro Properties Group, the Australian owner of U.S. malls that put itself up for sale last month, fell the most in three weeks in Sydney trading after the Australian newspaper said regulators questioned the company about accounting for its debt.
    2008-01-09 09:45:03

  • Thornburg Mortgage Announces the Launch of Two Concurrent Public ...

    MSN MoneyCentral - ... results and developments could differ materially from those expressed in or contemplated by the forward-looking statements due to a number of factors, including general economic conditions, market prices for mortgage securities, interest rates ...
    2008-01-09 02:07:00

  • Bankrate: Mortgage rates lowest since Sept. 2005

    MSN MoneyCentral - NEW YORK, Jan. 9 /PRNewswire-FirstCall/ -- Economic worries continue to lead to lower mortgage rates, with the average conforming 30-year fixed mortgage rate now 5.88 percent. According to Bankrate.com's weekly national survey of large lenders, the ...
    2008-01-09 02:14:00

  • Main Street Investors in Jeopardy in 2008, says Expert. Enron x 4+ ... - MediaSyndicate (press release)

    Main Street Investors in Jeopardy in 2008, says Expert. Enron x 4+ ...MediaSyndicate (press release) - 56 minutes ago... the consumer sent many credit cards -- at 24% interest rates. And worse … “From our standpoint, equal to the homeowner mortgage national fraud (a newly ...
    2008-01-09 08:59:31

  • IT’S THE ECONOMY STUPID! - Lincoln Echo

    IT’S THE ECONOMY STUPID!Lincoln Echo, AR - 56 minutes agoIt wasn’t the secondary mortgage industry that started the current tsunami of foreclosures now evicting people, disproportionately black and Latino people ...
    2008-01-09 08:59:55

  • Beware of Web-Pay Alternatives - Wall Street Journal

    Beware of Web-Pay AlternativesWall Street Journal - 55 minutes agoFor someone planning to shop for a mortgage, home equity line of credit or other loan, the difference could lead to higher interest rates and thousands of ...
    2008-01-09 09:00:29

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