Mortgage and Financial News From 2007-11-9 Page 3

Previous Day: 2007-11-08

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• DPS lab: Mysterious substance at Countrywide not hazardous

  AZCentral.com - It is unknown if the investigation, taken over Friday by the FBI and normal for these types of cases, will continue. A building on the campus of Countrywide, the nation's largest home mortgage lender, had to be evacuated Friday after an employee ...
  2007-11-09 12:49:00

• Big banks warn of fallout

  St. Petersburg Times - CHARLOTTE, N.C. - Florida's two biggest banks warned Friday that ongoing home mortgage problems will wreak havoc on their ... The announcement also raised questions about the bank's October 2006 acquisition of adjustable-rate mortgage lender Golden ...
  2007-11-09 09:03:00

• Tumbling Into The Weekend

  Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... In the financial sector, government-sponsored lender Fannie Mae (nyse: FNM - ... came out Friday and said the evaporating market for mortgage-backed securities will ...
  2007-11-09 01:53:00

• Wachovia sees more debt losses (BBC News)

  Wachovia, America's fourth largest lender, reveals further exposure to the crisis in the US mortgage sector.
  2007-11-09 08:30:06

• Countrywide Bank Announces Expansion of Financial Center Network

  PR Newswire - Efficient Model = More Interest Since its launch in 2001, Countrywide Bank has grown ... Internet and efficient financial centers, resulting in both consistently high rates ... been able to fund their SavingsLink account online, they can now open a CD ...
  2007-11-07 08:01:00

• Andy Oram Reports

  American Reporter - Plans to charge different rates on an Internet-wide basis are a horse of a ... And other large Internet companies are showing interest, as evinced by a suggested ... This is just one indication, along with declining movie attendance and CD ...
  2007-11-08 10:16:00

• GADGETS: Publish your own photo book

  Fort Worth Star-Telegram - To create a book, bring your digital media (CD, memory card or USB flash drive ... The portable unit has access to maps with 1.8 million searchable points of interest in ... This enables transfer rates of 25MB/second (read) and 20MB/second (write). Having ...
  2007-11-08 02:23:00

• Q3 2007 FBL Financial Group Inc Earnings Conference Call - Final

  Insurance News Net - As shorter term rates came down with the Fed action, our product became more attractive compared to CD rates. We were able to ... Thank you for your interest in FBL Financial Group and for participating in today's call. Please mark your calendars for our ...
  2007-11-09 08:02:00

• Analysis: Gloomy economic forecast tarnishes renewed hopes for rate ...

  Marketwatch - WASHINGTON (MarketWatch) -- A funny thing happened to Ben Bernanke on the way the Joint Economic Committee of Congress on Thursday: He gave financial markets some good news and some bad news. The good news: The Fed might cut interest rates again. The ...
  2007-11-08 02:30:00

• ECB renews market-calming measures

  Financial Times - At the same time, Mr ­Trichet acknowledged the downside risks to eurozone growth, which reinforced financial market expectations that the ECB’s interest rates would remain at 4 per cent until well into 2008 – and possibly into 2009. So far the ...
  2007-11-08 02:45:00

• iPhone: Madrid through the mini screen (Daily Telegraph)

  A new phone promises to replace guidebooks, maps – even the kitchen sink. Suzy Bennett tries it in an unfamiliar city.
  2007-11-09 05:58:20

• Economist warns: ‘We need more help from Federal Reserve’ (The Joplin Globe)

  Local English teacher James Brown has heard the reports of plunging stocks, soaring home foreclosure rates and rising oil prices. He has seen the video of riots in Pakistan and reports of major banking officials announcing resignations.
  2007-11-09 04:58:36

• What's happening now in the reportedly stormy San Francisco housing ...

  San Francisco Gate - A week later, Dataquick announced that California was experiencing "record" foreclosure rates ... market on the economy is in jobs: either construction-related employment or real estate and mortgage industry jobs. It's there that we expect the current ...
  2007-11-09 08:24:00

• Want a second mortgage? Good luck!

  MSNBC - For so-called “Alt-A” mortgages that require limited verification of a borrower’s current ... outlook on defaults is that increasing numbers of borrowers are unable to make higher mortgage payments as their initial low “teaser” loan rates ...
  2007-11-07 03:57:00

• Hidden behind the headlines

  Financial Times - It's no longer property, either - last week's figures from the Council of Mortgage ... England itself, to suggest that the best home for anyone's savings in the current ... Banks raised their deposit rates to attract the funds that they couldn't buy on ...
  2007-11-09 06:04:00

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