Mortgage and Financial News From 2007-10-17 Page 10

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  • Washington Mutual's 3rd-quarter profit shrinks 72 percent on bad ...

    CNBC - SEATTLE - Washington Mutual Inc. said Wednesday its profit shrank 72 percent in the third quarter, as sagging home prices made it harder for borrowers to pay their bills and hurt the value of the bank's portfolio of mortgage loans. Washington Mutual ...
    2007-10-17 01:33:00

  • CORRECTING and REPLACING Anworth Mortgage Asset Corporation Announces ...

    Forbes - Anworth is a mortgage real estate investment trust (REIT) which invests in mortgage assets, including mortgage pass-through certificates, collateralized mortgage obligations, mortgage loans and other real estate securities. Anworth generates income ...
    2007-10-17 03:49:00

  • Standard & Poor's Ratings Services Reviews Ratings on Certain U.S. Residential Mortgage-Backed Securities Issued in 2007 (PR Newswire via Yahoo! Finance)

    Standard & Poor's Ratings Services announced today that it had downgraded 1713 classes of U.S. residential mortgage-backed securities backed by first-lien subprimemortgage loans, first-lien Alternative-A mortgage loans, and closed-end second-lien mortgage loans issued from January 1, 2007, through June 30, 2007.
    2007-10-17 10:03:00

  • The Incredible Shrinking Mortgage Market! (The Motley Fool)

    Since the credit crunch began, two in five home loans have vanished. Where have over 6,400 different mortgage products gone?
    2007-10-17 08:11:46

  • Washington Mutual's 3rd-Quarter Profit Shrinks 72 Percent on Bad Mortgage Debt (Canadian Business)

    SEATTLE (AP) - Washington Mutual Inc. said Wednesday its profit shrank 72 percent in the third quarter, as sagging home prices made it harder for borrowers to pay their bills and hurt the value of the bank's portfolio of mortgage loans.
    2007-10-17 02:27:44

  • S&P Downgrades $23 Billion Mortgage Bonds Backed by '07 Home Loans (Nasdaq)

    NEW YORK -(Dow Jones)- Standard & Poor's Ratings Services cut Wednesday the credit ratings on $23.35 billion of U.S. securities backed by pools of home loans that were extended to borrowers in the first six months of 2007.
    2007-10-17 01:38:49

  • Nick Economou

    News.com.au - Indeed, day one ended badly for Howard when he failed to nominate the correct official interest rate. This had happened in an interview on A Current Affair on Channel 9, where it was clear that the interviewer was attempting to pressure the Prime ...
    2007-10-17 07:50:00

  • Rudd's turn to move in campaign stoush

    Nine MSN - The tit-for-tat stoush over election scare campaigns has escalated, with Prime Minister John Howard releasing a provocative new advertisement online. Day four of the campaign will see Mr Howard fly from Brisbane to Sydney, while Labor leader Kevin ...
    2007-10-17 09:23:00

  • Leggett & Platt Announces Third Quarter Results

    MSN MoneyCentral - ... 02 per share of income from net non-recurring items and discontinued prime foam ... on October 15), representing a 6% increase over last year's third quarter rate ... EBIT (earnings before interest and income taxes) from continuing operations ...
    2007-10-17 01:12:00

  • Nqakula defends himself in dealing with Selebi

    Talk Radio 702 - She's then scheduled to meet the head of Israel's negotiating team for an upcoming US-sponsored summit, before holding more talks with Israeli Prime Minister Ehud Olmert. Back to headlines Cabinet to discuss abalone poaching 17/10/2007 10:35:23 Cabinet ...
    2007-10-17 10:06:00

  • Federal Election 2007

    News.com.au - ... tried to seize the campaign initiative by offering a $34 billion in tax cuts - but don't expect him to know what interest rate ... PETER Costello insists the coalition will go into the election as a team, despite Prime Minister John Howard's plan to ...
    2007-10-17 10:13:00

  • Holding off rate rise could help labour figures, expert says

    Australian Broadcasting Corp. - A number of economists at the big banks are tipping an interest rate rise on Melbourne Cup day, a mood that led the Prime Minister to warn that the RBA's charter obliged it to maintain full employment, so it should not try to slow growth. Professor ...
    2007-10-17 07:57:00

  • Community Capital Corporation Reports Continued Strong Growth and ...

    MSN MoneyCentral - GREENWOOD, S.C., Oct. 17, 2007 (PRIME NEWSWIRE) -- Community Capital Corporation (Nasdaq:CPBK) reports operating ... 632 $677,919 ===== ===== Net interest income/interest rate ...
    2007-10-17 01:05:00

  • Northwest Bancorporation, Inc. Announces Third-Quarter 2007 Financial ...

    MSN MoneyCentral - SPOKANE, Wash., Oct. 17, 2007 (PRIME NEWSWIRE) -- Northwest Bancorporation, Inc ... Comparing the first nine months of 2007 to the same period in 2006, net interest ... is to continue to grow our Company, year after year, at a double-digit rate. Over ...
    2007-10-17 01:40:00

  • It's going to be a long six weeks

    News.com.au - While Oakes didn't give a 6pm news run the following day to the Prime Minister's stumbles over the official interest rate on A Current Affair , it was only because it "had whiskers on it". The ABC's political editor Jim Middleton believes the campaign ...
    2007-10-17 09:44:00

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