Mortgage and Financial News From 2008-1-11 Page 65

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  • RHG Home Loans secures $750m facility - The Age

    RHG Home Loans secures $750m facilityThe Age, Australia - 4 hours agoRAMS, which listed in July, ran into trouble in August after a global liquidity squeeze stopped it from refinancing $6.17 billion of debt sourced from the ...
    2008-01-11 01:06:36

  • Sunspot syndrome - Vancouver Sun

    Sunspot syndromeVancouver Sun,  Canada - 4 hours agoJP Morgan, which also took a bath on mortgage-backed securities, says borrowers with home loans totalling $230 million will be unable to refinance at higher ...
    2008-01-11 01:15:42

  • Federal prosecutor says Garcia faces indictment - Auburn Journal

    Federal prosecutor says Garcia faces indictmentAuburn Journal, CA - 3 hours ago... District Court in Sacramento state that Garcia falsified her income on loan documents in order to qualify for refinancing loans on her Auburn home. ...
    2008-01-11 02:11:05

  • Taxi driver rebuffed again - Baltimore Sun

    Taxi driver rebuffed againBaltimore Sun, United States - 3 hours agoHis family's townhouse was refinanced in 2001, and several years later, Washington Mutual claimed the original mortgage was never paid off. ...
    2008-01-11 02:51:34

  • Troubled owners caught in a bind - Modesto Bee

    Troubled owners caught in a bindModesto Bee, CA - 1 hour ago"We're finding that it's not resets, but it has much more to do with declining home prices that prevent people from refinancing or selling," he said. ...
    2008-01-11 04:51:00

  • Jacko's Neverland on Verge of Foreclosure - FOXNews

    Jacko's Neverland on Verge of ForeclosureFOXNews - 1 hour agoIf Neverland is not refinanced, Fortress can foreclose and sell the ranch at auction. Recently, Fortress laid off $300 million in loans to Jackson on HSBC. ...
    2008-01-11 04:57:33

  • Fixed loans become flavour of the month - The Australian

    Fixed loans become flavour of the monthThe Australian, Australia - 48 minutes agoReleased this week, it shows the percentage of people looking to borrow or refinance an existing loan who would take out a fixed rate mortgage has risen to ...
    2008-01-11 05:10:00

  • RAMS in $750m debt deal - The Australian

    RAMS in $750m debt dealThe Australian, Australia - 41 minutes agoThe group, which sold its brand name to Westpac, said yesterday that it had secured a further $750 million in funds in its quest to refinance $6 ...
    2008-01-11 05:16:54

  • Worries about the Fed (a wonkish post) - New York Times Blogs

    Worries about the Fed (a wonkish post)New York Times Blogs, NY - 37 minutes agoMonetary policy mainly exerts its influence through housing: high interest rates squeeze home construction, low rates encourage it. Interest rates have much ...
    2008-01-11 05:20:52

  • Shaw Announces First Quarter Results With Solid Start in 2008 - CNNMoney.com

    Shaw Announces First Quarter Results With Solid Start in 2008CNNMoney.com - 17 minutes ago... expects to generate free cash flow and have borrowing capacity sufficient to finance foreseeable future business plans and to refinance maturing debt. ...
    2008-01-11 05:40:58

  • Where to Find Money to Pay for Home Improvements (The Bradford Era)

    (ARA) - If you've been putting off a much needed kitchen or bathroom remodel, or are living with drafty windows and a leaky roof because you don't think you can afford to fix them, good news! The source of your headache may also hold the key to the solution.
    2008-01-11 04:14:51

  • RAMS gets funds boost (Herald Sun)

    THE listed shell of non-bank lender RAMS is to get its hands on much-needed funding by issuing $750 million in residential mortgage-backed securities.
    2008-01-11 05:00:00

  • Fixed loans become flavour of the month (The Australian)

    INTEREST rate rises, and the prospect of more to come, have made fixed rate mortgages more popular, figures suggest.
    2008-01-11 05:00:00

  • Shaw Announces First Quarter Results With Solid Start in 2008 (Marketwire via Yahoo! Finance)

    Shaw Communications Inc. today announced results for the first quarter ended November 30, 2007. Consolidated service revenue and service operating income before amortization(1) of $744 million and $333 million, respectively, each improved 11% over the comparable period last year.
    2008-01-11 05:30:00

  • Business Minute: Stocks up for two straight days, trade report due ...

    WDAM-TV - NEW YORK (AP) - American Express says slower spending and late credit card bills will dampen its profit. The news sent its stock down in after-hours trading yesterday. Amex says the slumping housing market has begun to take its toll on consumers. ...
    2008-01-11 01:11:00

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