Mortgage and Financial News From 2008-2-3 Page 32

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• Abandoned buildings creep into Haverhill neighborhoods 90 ... - Eagle Tribune

  Abandoned buildings creep into Haverhill neighborhoods 90 ...Eagle Tribune, MA - 4 hours ago... a major reason for the national mortgage crisis. Many subprime loans were approved by upstart financing companies that have since gone out of business. ...
  2008-02-03 04:24:43

• UPDATE 1-Arab Banking profit falls on US subprime writedowns - Reuters

  UPDATE 1-Arab Banking profit falls on US subprime writedownsReuters - 4 hours agoBanks in the Middle East will announce losses from exposure to the subprime mortgage crisis when they report fourth-quarter earnings, the Middle East ...
  2008-02-03 04:27:04

• ABC sets aside $230m for subprime writedowns - Trade Arabia

  ABC sets aside $230m for subprime writedownsTrade Arabia, Bahrain - 3 hours agoBanks in the Middle East will announce losses from exposure to the subprime mortgage crisis when they report fourth-quarter earnings, the Middle East ...
  2008-02-03 04:43:25

• Stem cell institute wants to make loans - San Diego Union Tribune

  Stem cell institute wants to make loansSan Diego Union Tribune, United States - 2 hours agoOne possible model for underwriting the loans could be the the affordable housing area, Klein said. The Federal National Mortgage Association has delegated ...
  2008-02-03 05:30:53

• Hoping for an encore - Columbus Dispatch

  Hoping for an encoreColumbus Dispatch, OH - 2 hours ago"I also have a lot of student loans," Bartels said. "Being an orchestra musician, you always have to worry about things. You never feel like you're safe," ...
  2008-02-03 05:31:45

• DENNIS SEID: Take economic news with a grain of salt - Northeast Mississippi Daily Journal

  DENNIS SEID: Take economic news with a grain of saltNortheast Mississippi Daily Journal, MS - 2 hours agoThere is a housing, mortgage and credit problem going on, and investors and consumers have a right to be concerned. But as we get bombarded constantly by ...
  2008-02-03 06:00:20

• Deadline for Northern Rock bids - BBC News

  Deadline for Northern Rock bidsBBC News, UK - 2 hours agoThe government wants a private sector buyer for the bank, which has needed £25bn of Bank of England loans. Sir Richard has already confirmed that Virgin ...
  2008-02-03 06:05:13

• Trepp Offers New Portfolio Analysis Platform - PR-USA.net (press release)

  Trepp Offers New Portfolio Analysis PlatformPR-USA.net (press release), Bulgaria - 1 hour agoTrepp, LLC, the leading provider of CMBS and commercial mortgage finance information, analytics and technology, today announced the release of TreppLoan ...
  2008-02-03 06:59:12

• The legislative and racial patterns of subprime loans Chuck Sheketoff - BlueOregon

  The legislative and racial patterns of subprime loans Chuck SheketoffBlueOregon, OR - 1 hour agoAs the Oregon legislature prepares to consider stronger regulation of the mortgage loan industry, the Oregon Center for Public Policy has found a racial ...
  2008-02-03 07:00:06

• Fair Game Lenders Who Sold and Left - New York Times

  Fair Game Lenders Who Sold and LeftNew York Times, United States - 1 hour agoWinners, including the thousands of mortgage brokers who banked big bucks steering customers into subprime loans and the hundreds of mortgage traders and ...
  2008-02-03 07:07:05

• Reuters Summit-Washington scrambles for subprime answers - Guardian Unlimited

  Reuters Summit-Washington scrambles for subprime answersGuardian Unlimited, UK - 1 hour agoBy Kevin Drawbaugh WASHINGTON, Feb 3 (Reuters) - With the subprime mortgage crisis fanning recession fears, Washington is scrambling to jump-start the US ...
  2008-02-03 07:09:55

• Open Caucus: Primary Views - New York Times Blogs

  Open Caucus: Primary ViewsNew York Times Blogs, NY - 47 minutes agoSome specific mortgage products should be outlawed. Last week I had someone in my office who has 10 separate “payday advance” loans of $450 apiece in three ...
  2008-02-03 07:39:19

• How to rescue the UK mortgage market - BBC News

  How to rescue the UK mortgage marketBBC News, UK - 45 minutes ago... chief economist at Morgan Stanley and a Treasury advisor on the mortgage market, says that UK banks need to refinance £250bn worth of mortgage loans ...
  2008-02-03 07:41:52

• Families brace for rate rise and a year of mortgage stress - NEWS.com.au

  Families brace for rate rise and a year of mortgage stressNEWS.com.au, Australia - 43 minutes ago... homeowners will suffer mortgage stress during 2008. Up to 300000 of those may default on their home loans and risk having their homes repossessed. ...
  2008-02-03 07:43:40

• GE Money seeks ally for mortgage business - Business Standard

  GE Money seeks ally for mortgage businessBusiness Standard, India - 7 minutes agoAfter credit cards and home loans, GE Money is now seeking a partner for its personal loans and mortgage portfolio, housed in a fully-owned subsidiary. ...
  2008-02-03 08:20:02

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