Mortgage and Financial News From 2008-1-11 Page 70

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  • Hope for NI first-time buyers - Firstrungnow

    Hope for NI first-time buyersFirstrungnow, UK - 1 hour agoFirstRungNow.com - how to buy a house, from finding your first flat or first house, first time buyer mortgages, shared ownership, buying with friends, ...
    2008-01-11 03:11:31

  • Asian Markets Sink on Merrill Lynch Report - Washington Post

    Asian Markets Sink on Merrill Lynch ReportWashington Post, United States - 1 hour agoMANILA: Philippine shares climbed their second straight session, tracking a rise in US stocks on expectations of more rate cuts from the Federal Reserve. ...
    2008-01-11 03:20:32

  • Standard Chartered To Buy Korea's Yeahreum Mutual Savings Bank ... - RTT News

    Standard Chartered To Buy Korea's Yeahreum Mutual Savings Bank ...RTT News, NY - 44 minutes agoThe company pointed out that the acquisition of Yeahreum, which provides a broad suite of products including personal loans, mortgages and SME loans, ...
    2008-01-11 03:53:36

  • LBO Firms Reduce Investment Banking Fees as Takeovers Dry Up - Bloomberg

    LBO Firms Reduce Investment Banking Fees as Takeovers Dry UpBloomberg - 42 minutes agoInvestor demand for loans the LBO firms rely on to fund their deals dried up in August as the collapse of US subprime mortgages caused financing costs to ...
    2008-01-11 03:54:52

  • Bank of America to Acquire Countrywide for $4 Billion (Update1) - Bloomberg

    Bank of America to Acquire Countrywide for $4 Billion (Update1)Bloomberg - 17 minutes agoHopefully they can get it right the second time around.'' Countrywide, the largest independent US mortgage company, gives Bank of America about 9 million ...
    2008-01-11 04:20:19

  • Bank of America in talks to buy Countrywide-sources (EARTHtimes.org)

    NEW YORK (Reuters) - Bank of America Corp is in advanced talks to buy struggling Countrywide Financial Corp , the largest U.S. mortgage lender, several people familiar with the matter said on Thursday.
    2008-01-11 03:55:24

  • Briefcase: January 11, 2008 (South Bend Tribune)

    NEW YORK
    2008-01-11 04:11:44

  • Japan's economy likely to slow, BOJ says (The Bellingham Herald)

    Pedestrians look at an electric market board in Tokyo, Thursday, Jan. 10, 2008. The pace of Japan's economic growth is slowing due to a big drop in housing investment and the slowdown is likely to persist for some time, a senior central bank official said in a speech Thursday.
    2008-01-11 04:11:52

  • Bank of America in talks to buy Countrywide-sources (KPLC Lake Charles)

    By John Poirier and Jonathan Stempel NEW YORK (Reuters) - Bank of America Corp (BAC.N) is in advanced talks to buy struggling Countrywide Financial Corp (CFC.N), the largest U.S.
    2008-01-11 04:14:01

  • LBO Firms Reduce Investment Banking Fees as Takeovers Dry Up (Bloomberg.com)

    Jan. 11 (Bloomberg) -- The decline in leveraged buyouts is slashing fees for investment banks, including Deutsche Bank AG and JPMorgan Chase & Co., by about 50 percent.
    2008-01-11 04:22:07

  • Japan's economy likely to slow, BOJ says (Centre Daily Times)

    Top Japanese finance officials gave conflicting economic assessments Friday, with the central bank chief predicting a slowdown in Japan while the economy minister said she saw no sign of one.
    2008-01-11 04:23:37

  • Mortgage rates dip below 6% (Honolulu Advertiser)

    Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more than two years.
    2008-01-11 04:26:00

  • Bank of America to Acquire Countrywide for $4 Billion (Update1) (Bloomberg.com)

    Jan. 11 (Bloomberg) -- Bank of America Corp., the biggest U.S. bank by market value, agreed to buy Countrywide Financial Corp. for about $4 billion, five months after making a money- losing $2 billion investment in the unprofitable mortgage lender.
    2008-01-11 04:36:45

  • (Adds stocks, details)

    Reuters UK - ... that Merrill Lynch will post larger-than-expected losses on the subprime mortgage ... economy faces increased risks and indicated that the Fed is ready to cut interest ... On top of this, there's no guarantee that this will be the only bad news ...
    2008-01-10 11:02:00

  • U.S. Stock-Index Futures Fall; American Express, Merrill Drop

    Bloomberg - ... reported the third-biggest U.S. securities firm may write down $15 billion related to U.S. mortgage ... Bernanke signaled he may cut interest rates further. ``We've only seen the tip of the iceberg in the ongoing subprime crisis,'' said ...
    2008-01-11 02:44:00

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