Mortgage and Financial News From 2008-1-21 Page 2

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  • Lotterman: MoneyGram's slide is a lesson in fiscal smartsLiney Liney - IdahoStatesman.com

    Lotterman: MoneyGram's slide is a lesson in fiscal smartsLiney LineyIdahoStatesman.com, ID - 29 minutes agoOne might ask just what a money-transfer firm was doing investing in mortgage-backed securities. The answer is that money-transfer firms have to do ...
    2008-01-21 11:04:52
  • Getting your piece of the rock - Nassau Guardian

    Getting your piece of the rockNassau Guardian, Bahamas - 25 minutes agoThe rate of interest for mortgage loans can vary from prime to 9.50 percent. The lowest rates are applicable to those borrowers having the lowest base and ...
    2008-01-21 11:08:07
  • GLOBAL MARKETS-Stocks hammered; investors flee to - Finance.cz

    GLOBAL MARKETS-Stocks hammered; investors flee toFinance.cz, Czech Republic - 22 minutes agoThe index lost 9 percent so far this week as fears deepened that the US subprime mortgage crisis would drag global financial markets lower. ...
    2008-01-21 11:11:52
  • City braced for more market misery as biggest FTSE crash since 9 ... - This is London

    City braced for more market misery as biggest FTSE crash since 9 ...This is London, UK - 20 minutes agoIt is no longer a question of whether rates will be lowered but how quickly and how far. Some analysts expect a rate of 5 per cent or lower by the summer, ...
    2008-01-21 11:13:18
  • Gold skyrockets on dollar fuel - Commodity Online

    Gold skyrockets on dollar fuelCommodity Online, India - 10 minutes ago... prices – most crucially those supporting toxic sub-prime mortgage debt. The Fed is pegging the federal funds rate in the direction of US home prices, ...
    2008-01-21 11:23:39
  • Stocks plunge worldwide - Boston Globe

    Stocks plunge worldwideBoston Globe, United States - 9 minutes agoA big German state bank, WestLB, said it would report a loss of $1.4 billion in 2007 because of its exposure to deteriorating mortgage assets. ...
    2008-01-21 11:24:23
  • Morrison Says Holiday Sales Accelerated on TV Ads, Fresh Food - Bloomberg

    Morrison Says Holiday Sales Accelerated on TV Ads, Fresh FoodBloomberg - 7 minutes ago... ``cautious'' and called for the Bank of England to cut interest rates as higher mortgage repayments, taxes, utility bills and food prices erode incomes. ...
    2008-01-21 11:26:35
  • UK shares on brink as Asian markets suffer - This is Money

    UK shares on brink as Asian markets sufferThis is Money, UK - 6 minutes agoDon't miss our round-up of forecasts: house prices, stock market, interest rates and more ... >> 2008 Ongoing fears that the US economy could be in worse ...
    2008-01-21 11:27:43
  • For some, the glass is half full - Financial Post

    For some, the glass is half fullFinancial Post, Canada - 4 minutes agoHe isn't suggesting investors re-mortgage their homes to snap up bargains but contends it's a good time to hold on to quality dividend-paying stocks spread ...
    2008-01-21 11:29:33
  • (No heading) (Cape Cod Times)

    Editor's note: The U.S. financial markets were closed yesterday in observance of Martin Luther King Jr. Day.
    2008-01-21 11:02:45
  • Getting your piece of the rock (The Nassau Guardian)

    Home ownership is probably the biggest Bahamian dream; but a local real estate agent says if you haven't purchased your piece of the rock as yet, doing so will be "tough".
    2008-01-21 11:03:37
  • Governor denies request to put title insurance reform on Legislature's agenda this session (Las Cruces Sun-News)

    For more stories from the 2008 legislative session, click here.
    2008-01-21 11:07:55
  • City braced for more market misery as biggest FTSE crash since 9/11 wipes £75bn off shares (Evening Standard)

    The stock market went into meltdown yesterday with the biggest fall in share prices since 9/11. More than £75billion was wiped off the value of Britain's 100 biggest companies amid fears of a recession in the U.S.
    2008-01-21 11:15:07
  • EU Say Stock-Market Rout, U.S. Slump Threaten Europe (Update1) (Bloomberg.com)

    Jan. 22 (Bloomberg) -- European finance ministers said a global stock-market slump and an economic slowdown in the U.S. threaten to slow growth in Europe more than forecast.
    2008-01-21 11:17:41
  • Stocks hammered; investors flee to bonds (The Globe and Mail)

    SINGAPORE (Reuters) - Major Asian stock markets fell as much as 8 percent as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
    2008-01-21 11:29:31