Mortgage and Financial News From 2008-5-15 Page 9
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Fed Chairman Bernanke Speech On Risk Management in Financial ... - StreetInsider.com
Fed Chairman Ben S. Bernanke 5/15 Speech on Risk Management in Financial Institutions at the Federal Reserve Bank of Chicago's Annual Conference on Bank Structure and Competition, Chicago, Illinois. Risk Management in Financial Institutions The ...
2008-05-15 06:24:00 -
South Florida foreclosure sales rise dramatically - Fort Lauderdale Sun-Sentinel
The housing crunch rages on, as more South Floridians behind on their mortgage payments are losing their homes in foreclosure sales after failing to work out deals with lenders. Scheduled sales in Broward County hit 2,568 last month, more than a ...
2008-05-14 11:50:00 -
Paying for poor decisions - Northwest Herald
The House has passed a bill which would allow the Federal Housing Administration to take on up to $300 billion in new mortgages to refinance strapped borrowers. A homeowner owing $290,000 on a home now worth $225,000 could refinance if the mortgage ...
2008-05-15 02:35:00 -
Jason Gillespie Joins Southwest Securities, FSB as Senior Vice ... - MSN MoneyCentral
DALLAS, May 15 /PRNewswire/ -- Jason Gillespie, CMB, has joined the National Mortgage Purchase Division of Southwest Securities, FSB as Senior Vice President, Mortgage Purchase Credit Manager. Mr. Gillespie has nearly two decades of experience in ...
2008-05-15 02:56:00 -
Fannie, Freddie dip on prospect of more oversight - CNN Money
NEW YORK (Associated Press) - Shares of Fannie Mae and Freddie Mac declined Thursday morning as Senate lawmakers neared a deal likely to give the government enhanced powers over the two mortgage finance companies. Democrats need Republican support to ...
2008-05-15 07:50:00 -
ING Groep reports 19 percent fall in 1st quarter net profit - International Herald Tribune
AMSTERDAM, Netherlands : ING Groep NV reported a 19 percent fall in first quarter earnings on Wednesday, citing falling valuations of stocks, bonds and real estate. ING also wrote down the market value of some of its U.S. mortgage-related investments ...
2008-05-14 04:16:00 -
Moody's cuts Freddie Mac financial strength rating - Reuters
LONDON, May 14 (Reuters) - Moody's Investors Service on Wednesday cut the financial strength rating of U.S. mortgage provider Freddie Mac (FRE.N: Quote , Profile , Research ) as it expects the company to rack up further credit losses. Moody's cut ...
2008-05-14 09:03:00 -
Foreclosures increase nationwide - Akron Beacon Journal
Ohio ranked eighth in the nation in home foreclosure proceedings in April, according to the newest monthly report from RealtyTrac of Irvine, Calif. One in every 432 homes in the state had some type of filing during the month. Foreclosure filings were ...
2008-05-15 05:12:00 -
Las Vegas Area Schools to Sell Week's Largest Muni Offering - Bloomberg
May 15 (Bloomberg) -- Clark County School District in Las Vegas will borrow $675 million today in the week's largest U.S. municipal debt offering, as tax-exempt bonds are poised to outpace Treasuries for the seventh time in eight weeks. Clark County ...
2008-05-15 05:55:00 -
Luxury Foreclosures - Washington Post
For sale: Spacious home outfitted with six bedrooms, 5 1/2 baths, granite countertops, stainless-steel kitchen appliances, a three-car garage, exercise room and wet bar -- all for $875,000 in the Red Cedar West subdivision of Leesburg where houses ...
2008-05-15 05:20:00 -
European Capital and American Capital Jointly Invest US$85 Million in the Qioptiq Group (Presseportal)
St. Peter Port, Guernsey (ots/PRNewswire) - European Capital Limited (LSE: ECAS) ("European Capital"), announced today that it has invested US$57 million in the Qioptiq Group, a leading designer, developer and manufacturer of high-precision ...
2008-05-15 06:23:07 -
Wembley Stadium loses £21.4m in first year (Daily Telegraph)
The rising cost of Wembley Stadium has revealed that it made a loss of £21.4 million during its first year of operation.
2008-05-15 06:26:28 -
Chairman Ben S. Bernanke (Federal Reserve Board)
The financial and credit market turmoil that began last summer has raised a number of significant issues of public policy, including questions concerning the maintenance of financial stability, the supervision and regulation of financial institutions, and the protection of consumers in their financial dealings.
2008-05-15 06:27:10 -
Tax Exemption Rejected But Bond Issue Okayed (Fredericksburg Standard Radio Post)
In a record turnout, 3,236 Fredericksburg Independent School District voters went to the polls Saturday to turn down an extra tax exemption and pass a $4.1 million facilities improvement bond.
2008-05-15 07:02:10 -
Quiz ahead on Hoboken hospital's refinance plan (The Jersey Journal)
HOBOKEN - Trying to save money before the full impact of proposed budget cuts by Gov. Jon Corzine strikes, Hoboken University Medical Center wants to refinance $12 million of the $52 million bond issue that got the hospital up and running two years ago.
2008-05-15 07:06:59