Mortgage and Financial News From 2007-11-9 Page 12
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PCM Fund, Inc. Quality Calculation Methodology Change ...
Earthtimes - ... primarily in commercial mortgage-backed securities, announced today that it has refined its quality calculation methodology for the Fund's statistics as of September 30, 2007. There are several different methods that can be used to calculate the ...
2007-11-09 09:57:00 -
PCM Fund, Inc. Quality Calculation Methodology Change (Marketwire via Yahoo! Finance)
PCM Fund, Inc.,, a closed-end investment company investing primarily in commercial mortgage-backed securities, announced today that it has refined its quality calculation methodology for the Fund's statistics as of September 30, 2007.
2007-11-09 10:09:00 -
John Howard should apologise for interest rates: Gillard
News.com.au - PRIME Minister John Howard should apologise for his broken promises on interest rates and stop playing with words, deputy Labor leader Julia Gillard says. Mr Howard yesterday said he was sorry about the pain the latest interest rate rise - the sixth ...
2007-11-07 10:17:00 -
Manto says more will be done to boost security at hospitals
Talk Radio 702 - ... Prosecuting Authority and the correctional services department is a major shortcoming, resulting in a lower conviction rate ... Former Pakistan Prime Minister Benazir Bhutto says the country could become another Iraq unless its government undergoes ...
2007-11-09 07:48:00 -
Fitch Affirms 28 RMBS Classes from 5 Sequoia Mortgage Funding Corp ...
Forbes - ... underlying collateral for Sequoia Mortgage Funding Corporation transactions consists of prime adjustable-rate mortgage loans indexed to one-month LIBOR and six-month LIBOR. The mortgage term is typically 25 or 30 years with a 3, 5 or 10-year interest ...
2007-11-09 12:06:00 -
Festive season brings no cheer, credit growth slips to 22.47%
Business Standard - ... rates having gone up by as much as 400 basis points over a year, a reduction of 50 basis points in interest rates by banks as part of a limited period offer, without any change in their prime lending rates, does not signal a lower interest rate ...
2007-11-09 10:33:00 -
Time running out, Mr Howard
News.com.au - Little things and big things are going wrong for the Prime Minister and it's a dangerous time for the Coalition. This week's interest rate rise was a killer blow and Howard exposed himself with his ridiculous argument that he said "sorry" about the ...
2007-11-09 05:11:00 -
Vineyard National Bancorp Confirms No Sub-Prime Mortgage Exposure
MSN MoneyCentral - Much of these asset quality issues arise as a result of defaults by sub-prime borrowers. Vineyard's lines of businesses ... to differ from these forward-looking statements include changes in the competitive marketplace, changes in the interest rate ...
2007-11-09 08:24:00 -
EU cuts growth forecasts for 2008, 2009, blaming oil prices, subprime ...
PR Inside - Echoing concerns of the European Central Bank, Almunia said «inflation should remain moderate, but the risks are on the upside.» On Thursday, the ECB held its key interest rate steady at 4 percent but cited concerns about rising inflation. The ...
2007-11-09 12:42:00 -
Record profit, but NAB interest rates up
News.com.au - HOME buyers with a loan from the National Australia Bank will be stung by an interest rate rise on top of the Reserve Bank's ... bad news continuing to come out of the U.S. that is affecting credit markets,'' he said in reference to the sub-prime ...
2007-11-09 12:20:00 -
Sorry, there's a wave of rate rises coming (Sydney Morning Herald)
HOME owners face the prospect of another two interest rate rises in the wake of this week's increase, but John Howard has seized on this threat as a sign of economic uncertainty and a reason to vote for the Coalition.
2007-11-09 05:08:21 -
More rate rises coming (Sydney Morning Herald)
Home owners face the prospect of another two interest rate rises in the wake of this week's increase.
2007-11-09 05:23:27 -
Michael's Neverland Evermore
E! Online - Presently, per Bain, Jackson is "in the final stages of [a] refinance." Jackson, 49, bought Neverland in 1988 for $17 million. He has visited, but not lived at the 2,500-acre, amusement park of a spread since a police raid there in 2003 during the ...
2007-11-09 12:35:00 -
Brad Pitt interested in purchasing Neverland Ranch
AZCentral.com - It's not a home anymore. I'll only visit." Jackson's representative Raymone K. Bain insists his client isn't worried about the property going into foreclosure. He said, "Mr. Jackson is in the final stages of refinance and will not lose the ...
2007-11-09 08:31:00 -
Evraz plans to raise 3.2 bln usd of loans in two tranches - source
Forbes - MOSCOW (Thomson Financial) - Evraz Group SA is planning to raise 3.2 bln usd in two tranches to refinance a 1.8 bln usd bridge loan and increase its operating capital, a banking industry source told Interfax. Russia's largest railway steel producer ...
2007-11-09 05:32:00
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