Mortgage and Financial News From 2008-1-12 Page 41
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WSJ: Citi may get cash from Saudi Prince (Sharewatch)
NEW YORK (AP) - Prince Alwaleed bin Talal, the Citigroup shareholder that came to the bank's rescue during the credit crisis of the early 1990s, might do so again now, the Wall Street Journal reported on its Web site Friday, citing people familiar with the matter.
2008-01-12 02:22:48 -
Bear and T.Rowe vie for China fund firm stake
Reuters - The talks with China Asset Management Co, wholly owned by top Chinese broker CITIC Securities (600030.SS: Quote , Profile , Research ), follow an announcement in October that CITIC and Bear Stearns, which has been battered by a mortgage market slump ...
2008-01-10 06:42:00 -
Bernanke Signals Deeper Rate Cuts, Emphasizes Growth (Update3)
Bloomberg - The yield on the two-year note fell 5 basis points to 2.65 percent by 12:00 p.m. in London, according to bond broker Cantor ... The demand for housing seems to have weakened further, in part reflecting ongoing problems in mortgage markets,'' Bernanke said
2008-01-11 07:59:00 -
Homes for rent: they didn't sell
Raleigh News & Observer - He wants to sell it for $229,900 but would settle for a renter paying $1,295 a month. "At this point, I'm trying to do either so I can make my mortgage payment," said Yoquelet, a broker at Northside Realty. Even if he couldn't, the shadow still lurks ...
2008-01-10 02:34:00 -
Merrill Lynch Reportedly Expects To Face $15 Bln Investment Loss ...
RTT News - ... Lynch & Co. (MER), the world's largest brokerage, is expected to announce losses of about $15 billion stemming from mortgage ... The paper, citing people who have been briefed on the broker's plans, said the losses have prompted the firm to raise ...
2008-01-11 12:24:00 -
Rapid Mortgage
West Central Tribune - Rapid Mortgage Corporation is a locally owned mortgage broker financial services company incorporated in the State of Minnesota. Whatever your residential needs, Rapid Mortgage will match a loan that is right for you. Also, you can close your loan ...
2008-01-11 03:23:00 -
BofA to buy home lender
Daily Breeze - The street-level reality is that Bank of America has the opportunity to get the largest mortgage broker in the U.S. at a bargain-basement price." Paul J. Miller, an analyst at Friedman, Billings, Ramsey based in Arlington, Va., said in a note ...
2008-01-12 01:10:00 -
Loan relief from buyout is unlikely
Herald Tribune - Lyddy, a licensed mortgage broker with Sarasota's Mortgage Associates. Those loans account for about 3.3 percent of the 7,680 foreclosures under way in the region as of November, according to RealtyTrac, the California company that tracks foreclosures ...
2008-01-12 01:24:00 -
Charcol puts itself on the market
Daily Telegraph - Private equity-backed mortgage broker John Charcol has confirmed it is up for sale, after receiving approaches following a record year of business during 2007. The group, whose shareholders include Jon Moulton, head of the private equity firm Alchemy ...
2008-01-12 12:42:00 -
The Real Estate Deal - Entrepreneur
The Real Estate DealEntrepreneur - 8 hours agoIf the process of finding the right lender seems daunting, one option is to let a commercial mortgage broker do the work for you. "A lot of times, ...
2008-01-11 05:19:38 -
Streetinvesting.com: Progressive Following on Trimble Navigation Ltd - Manufacturing Business Technology
Streetinvesting.com: Progressive Following on Trimble Navigation LtdManufacturing Business Technology, IL - 6 hours agoPlease consult a broker before purchasing or selling any securities viewed on or mentioned herein. Streetinvesting.com may receive compensation in cash or ...
2008-01-11 07:18:40 -
Riverside County a hotspot for foreclosures, senator says - The Desert Sun
Riverside County a hotspot for foreclosures, senator saysThe Desert Sun, CA - 5 hours ago"Families are in crisis now," said Ayad, a broker and president of San Marcos-based Mission Home Loans. "They can't wait for bureaucracy to catch up. ...
2008-01-11 08:33:51 -
Consumer, Food Stocks Fall In Europe; Asian Indexes Slip - Wall Street Journal
Consumer, Food Stocks Fall In Europe; Asian Indexes SlipWall Street Journal - 4 hours agoHowever, the broker downgrades on the food sector fed into broad concern about slowing earnings trends in a weakening economic environment. ...
2008-01-11 09:34:11 -
Tips for bargain-minded homebuyers in 2008 - DetNews.com
Tips for bargain-minded homebuyers in 2008DetNews.com, MI - 3 hours agoIf so, now could be an especially favorable time to realize what has seemed like an impossible dream, says Tom Early, a veteran real estate broker and ...
2008-01-11 10:19:23 -
BofA deal promises consumers more stability, less choice - Los Angeles Times
BofA deal promises consumers more stability, less choiceLos Angeles Times, CA - 1 hour agoAaron Szabo, a Palmdale mortgage broker, noted that BofA had withdrawn from wholesale mortgage lending -- loans made through independent brokers -- and he ...
2008-01-12 12:04:28