Mortgage and Financial News From 2008-6-6 Page 9
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Fitch Rates CCR Inc. MT-100 Payment Rights Master Trust (Banco de Credito del Peru) $150MM 'A-' (Centre Daily Times)
Fitch Ratings has assigned a preliminary 'A-' rating to CCR Inc. MT-100 Payment Rights Master Trust's $150 million series 2008 notes. In addition, Fitch has assigned a preliminary Issuer Default Rating (IDR) to CCR Inc. MT-100 Payment Rights Master Trust at 'A-'.
2008-06-06 06:58:52 -
Who Has Better Shot at Winning Presidency? - News Busters
Topics: Whether from a combination of the loyal Republicans and the Hillary supporters, or from simple math, I believe that John McCain ultimately will look like the more substantial candidate. I can't get away from the notion that there is no ...
2008-06-06 04:46:00 -
What to know about FHA loans (Bankrate.com via Yahoo! Finance)
FHA-insured loans lagged during the housing boom, but are skyrocketing now. What do borrowers need to know?
2008-06-05 03:00:00 -
What to know about FHA loans (Bankrate.com)
It's a common misconception, but in fact, the FHA is not a lender. Nor does the FHA give people money to buy a home or set interest rates on home loans.
2008-06-05 03:56:17 -
Oil Tops $130 After Record Surge on Weak Dollar - CNBC
Oil rose to stand above $130 a barrel on Friday, extending large gains in the previous session as the U.S. dollar weakened on signals the European Central Bank may raise interest rates this year. [ US@CL.1 Loading... ( %) ] for July ...
2008-06-06 02:30:00 -
Interest rate decision welcomed – ‘but more must be done’ - This is North East
BUSINESS groups in the North-East yesterday welcomed the decision to hold interest rates at five per cent, but urged that more be done to help the region's companies during the current economic turmoil. The Bank of England's monetary policy committee ...
2008-06-06 12:21:00 -
PRESS DIGEST - Ireland - June 6 - Reuters
- The Lisbon treaty could face a shock rejection with the No side now in the lead, according to the findings of the latest Irish Times /TNS mrbi poll. - Former Taoiseach Bertie Ahern told the Mahon tribunal yesterday that he never had a foreign bank ...
2008-06-06 12:29:00 -
New inquiry into home loan market - News.com.au
THE Federal Government has ordered an inquiry into the home loans market with a view to increasing competition between banks and non-bank lenders. The House of Representatives Economics Committee is embarking on an examination of competition in the ...
2008-06-04 05:56:00 -
Chilly May for Puget Sound-area real estate; prices keep sliding - Seattle Times
As housing sales tanked last winter, local real-estate pros waited anxiously for the traditional spring sales surge to revive the troubled industry. But May sales numbers, released Thursday, reveal that the urge has been more of a sputter — at ...
2008-06-06 12:50:00 -
Halifax offers 12% interest on savings: Is there a catch? - Guardian Unlimited
Every credit crunch has a silver lining, and it is Britain's savers who are cashing in as a result of the banks' desperation to pull in more money. A clutch of leading names this week upped their savings rates. Abbey and Bradford & Bingley launched ...
2008-06-06 03:35:00 -
Two found guilty in mortgage scam and face 30 years in prison - New York Daily News
Two ringleaders of a multimillion-dollar mortgage scam are facing up to 30 years in prison and heavy fines and restitution after pleading guilty to bilking banks and fleecing foreclosure victims in Brooklyn and the Bronx . Maurice McDowall , who ...
2008-06-06 12:50:00 -
Japanese government bonds end morning lower after ECB head hints at ... - Forbes
TOKYO (Thomson Financial) - Japanese government bonds ended Friday morning sharply lower after European Central Bank (ECB) President Jean-Claude Trichet signaled an interest rate hike next month in light of looming inflationary threats. At its policy ...
2008-06-05 09:51:00 -
Higher hurdles to home loans slow real estate sales in Puget Sound ... - Seattle Times
For Ben and Shelby Dobbs, buying their Bellevue home has been akin to being struck by lightning. Twice. First, their purchase nearly unraveled last August when the crisis in the mortgage industry suddenly and severely tightened the availability of ...
2008-06-06 12:50:00 -
JGBs plummet after US, euro zone bonds fall on ECB - Forbes
TOKYO, June 6 (Reuters) - Japanese government bonds fell sharply on Friday, a day after the European Central Bank shocked markets by saying it may raise interest rates as soon as July, hitting U.S. Treasuries and euro zone bonds. After a recent sell ...
2008-06-06 12:21:00 -
U.S., euro zone central banks beat rate-rise drum - Reuters
PARIS (Reuters) - The European Central Bank reinforced the view on Thursday that the only way for interest rates in most major economies to go is up when, like the U.S. Federal Reserve days earlier, it rang alarm bells on inflation. ECB President ...
2008-06-05 02:42:00