Mortgage and Financial News From 2007-9-13 Page 5

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  • Capstead Mortgage Corporation Declares Third Quarter 2007 Common

    MSN MoneyCentral - Capstead also seeks to opportunistically invest a portion of its equity in credit-sensitive commercial real estate-related assets, including subordinate commercial real estate loans. Contact Information: Capstead Mortgage Corporation, Dallas ...
    2007-09-13 01:23:00
  • UPDATE 1-Washington Mutual to cut 1,000 jobs

    Reuters - Gulick said Seattle-based Washington Mutual will close a conduit business that purchased mortgage loans from third parties and packaged them into securities. "We've retained the infrastructure and capabilities of our structuring and distribution ...
    2007-09-13 12:26:00
  • ICR Survey: 9% of Homeowners Report Having Difficulty Paying Their ...

    Forbes - West: 6%) -- While only 3% of all homeowners surveyed say the debt they have against their primary home (mortgage and home equity loans) exceeds the value of their home, among homeowners with incomes between $25,000 and $50,000, this ...
    2007-09-13 01:59:00
  • Credit crunch likely to spur reforms

    Christian Science Monitor - Everyone involved in originating, securitizing, and purchasing mortgage loans, he says, "had some part in the problems we're now experiencing." Those problems are twofold. The end of the housing boom spells financial distress – and ...
    2007-09-13 02:35:00
  • 'You don't get to be a wise old guy in this market without being a ...

    Guardian Unlimited - Its shares have lost more than a quarter of their value since May because of the bank's exposure to high-risk mortgage loans in the US, known as sub-prime mortgages. The £425m stake has thrown an unwelcome spotlight on the wider business activities ...
    2007-09-13 04:44:00
  • KKR Financial Holdings LLC Announces Sale of Private Equity

    MSN MoneyCentral - The Company also makes opportunistic investments in other asset classes from time to time, including investments in residential and commercial mortgage loans and securities. KKR Financial Advisors LLC manages the Company pursuant to a management ...
    2007-09-13 01:23:00
  • Freddie Mac sues AHM in effort to ensure loan service for thousands of ...

    Forbes - Freddie Mac said in its filing that American Home serviced about 4,500 mortgage loans owned by Freddie Mac, and that these loans have a value of nearly 800 mln usd. Freddie Mac's filing said that despite several weeks of negotiation, American Home is ...
    2007-09-13 01:09:00
  • Company Profile for Jinheung Mutual Savings Bank Co Ltd symbol lookup

    Reuters UK - Its deposit service includes savings for workers' preference, fixed deposits, credit installments, tax preference savings and bills, fixed installment savings and cover bills. The bank's loan service includes mortgage loans, discount of bills, common ...
    2007-09-13 04:58:00
  • JER Investors Trust Inc. Announces Regular Common Stock Dividend of $0 ...

    MSN MoneyCentral - The Company's target investments include commercial mortgage backed securities, mezzanine loans, first mortgage loan participations, B-Note participations in mortgage loans, commercial mortgage loans and net leased real estate investments. JER ...
    2007-09-13 01:31:00
  • Countrywide lines up $12 billion in new loans

    Los Angeles Times - Mortgage lender Countrywide Financial Corp. said today that its bankers had agreed to provide the company with as much as $12 billion in additional loans, increasing its ability to weather the worst downturn in the history of the modern home-loan ...
    2007-09-13 03:25:00
  • Credit Crunch Fears Ease As Countrywide Finds New Loans (Forbes)

    Despite slumping business, big mortgage lender is able to raise financing.
    2007-09-13 01:55:05
  • Kenya: HF, Tetra Pak in Mortgage Pact (AllAfrica.com)

    Tetra Pak Eastern Africa has signed an agreement with Housing Finance (HF) to provide its employees with mortgage loans at concessionary rates of between four and six per cent.
    2007-09-13 02:33:46
  • Cairns Lockie Mortgage Commentary (Scoop.co.nz)

    Welcome to the sixteenth fortnightly Cairns Lockie Mortgage Commentary for 2007. We aim to keep you informed on developments at Cairns Lockie, Home Loans and the mortgage market in general.
    2007-09-13 04:19:24
  • Finance News Network Interview With Wizard Home Loans Chairman Mark Bouris. (ACN Newswire via Yahoo!7 Finance)

    Sydney, Australia, Sept 14, 2007 - (ACN Newswire) - Wizard Home Loans launched in the mortgage market in 1996 and in just over ten years has become Australia's leading non-bank lender with a network of over 250 branches. Finance News Network recently spoke with Wizard founder Mark Bouris about some of the issues affecting today's mortgage and housing markets.
    2007-09-13 05:33:00
  • Freddie Mac: 4,500 Loans Are At Risk (The Tampa Tribune)

    Freddie Mac, a government-backed mortgage buyer, has filed court papers claiming lender American Home Mortgage's handling of the loans it continues to service have exposed more than 4,500 borrowers to increased tax liability and possible foreclosure.
    2007-09-13 05:58:54