Mortgage and Financial News From 2007-11-26 Page 01

RSS Feed

Previous Day: 2007-11-25

Return to the mortgage news archive home.

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

  • Credit market problems push TSX lower

    Edmonton Sun - But the sector has been pummelled lately by millions of dollars of writeoffs linked to U.S. mortgages. "I would expect even though the financials should have relatively good results, what they will all be cautioning is that conditions have got ...
    2007-11-26 11:39:00

  • Stocks Move Little Amid Retail Reports

    MSN MoneyCentral - That optimism sagged somewhat after Citigroup reduced its outlook on several major homebuilders on Monday, saying a glut of inventory and coming resets of subprime mortgages will continue to weigh on the sector at least through the second quarter of ...
    2007-11-26 06:38:00

  • Builder favors public service

    St. Petersburg Times - A second mortgage would also be recorded to represent the difference between the cost and the contract price. No interest ... These alternative mortgages have gotten kind of a bad reputation," he said. "It comes down to whether people are in a position ...
    2007-11-26 09:04:00

  • Australian Stocks Drop; National Australia, Commonwealth Fall

    Bloomberg - The index has slipped 5.8 percent since reaching a record 6,828.70 on Nov. 1 as rising defaults in subprime mortgages crimped ... Commonwealth Bank of Australia, the second-largest Australian lender, lost 50 cents, or 0.9 percent, to A$57.80, its fifth ...
    2007-11-26 09:40:00

  • Asian Currencies Fall on Stocks; Peso Advances on Remittances

    Bloomberg - ... Sachs Group Inc. said HSBC Holdings Plc may have another $12 billion in writedowns on securities tied to subprime mortgages ... 2 percent to 42.775 against the dollar after falling 0.4 percent, according to Tullett Prebon Plc, the world's second ...
    2007-11-26 10:01:00

  • South Korea Stocks Drop on Mortgage-Loss Concern; Samsung Falls

    Bloomberg - Kookmin Bank paced declines among financial companies on renewed concern losses related to the U.S. subprime mortgages will ... Samsung Corp., the country's second-largest builder, slid 4,700 won, or 7.4 percent, to 58,600. Samsung Corp ...
    2007-11-26 09:40:00

  • Abu Dhabi fund pays $7.5-billion for 4.9% stake in Citigroup

    Globe and Mail - Provides biggest U.S. bank with needed capital to offset big losses from mortgages and other investments ... Read the full ... The second type of conversation is fully moderated. In a fully moderated conversation, every comment is reviewed by a ...
    2007-11-26 09:33:00

  • Stocks slide on fresh credit concerns

    Boston Globe - Also weighing on the market, Citigroup reduced its outlook on several major homebuilders, saying a glut of inventory and coming resets of subprime mortgages will continue to weigh on the sector at least through the second quarter of 2008. Homebuilder ...
    2007-11-26 03:56:00

  • Sumitomo Mitsui Targets More Income From Consumers (Update2)

    Bloomberg - Nov. 27 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc., Japan's second-biggest bank by market value, plans to increase ... Until now, banks have been limited to offering insurance such as annuities and sickness cover on mortgages. ...
    2007-11-26 10:23:00

  • Asian Property Markets Boom, Pose Risks

    Forbes - The central bank recently raised down payment requirements for second mortgages to 40 percent, but analysts say more needs to be done to rein in the market - without triggering a collapse. Chinese Premier Wen Jiabao warned earlier this month that the ...
    2007-11-26 10:34:00

  • S&P reviewing bond insurers

    Boston Globe - S&P's new stress test scenario broadens the review of bond insurers to include any deals originated from 2005 through the third quarter of 2007; incorporate additional asset classes such as alt-A loans, second mortgages and home equity lines of ...
    2007-11-26 01:55:00

  • Stocks slide on fresh credit concerns (AP via Yahoo! News)

    Wall Street sold off sharply Monday as concerns about a weakening credit market wiped out investors' enthusiasm about strong retails sales over the holiday weekend. The Dow Jones industrial average fell nearly 240 points.
    2007-11-26 03:20:26

  • S&P continues review of bond insurers (CNN Money)

    The credit rating agency is studying how bond defaults would affect ratings and capital ratios for bond insurers.
    2007-11-26 11:31:00

  • Tuesday newspaper round-up: Rio Tinto, Northern Rock, Cable & Wireless (ShareCast)

    LONDON (SHARECAST) - Rio Tinto , the world’s second-largest mining group, confirmed yesterday that it had received approaches from potential Chinese bidders looking to block a £62bn approach from BHP Billiton, reports the Times.
    2007-11-26 10:37:56

  • Sumitomo Mitsui Targets More Income From Consumers (Update2) (Bloomberg.com)

    Nov. 27 (Bloomberg) -- Sumitomo Mitsui Financial Group Inc., Japan's second-biggest bank by market value, plans to increase income from individuals by 100 billion yen ($931 million) within three years by selling a wider array of financial products.
    2007-11-26 10:35:12

Page:  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40