Mortgage and Financial News From 2008-3-6 Page 18

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  • Russian Cos. Refinance for $111 Bill.

    Kommersant - Russian banks and companies will refinance more than $100 billion in debt this year , analysts at Barclays Capital calculate. There is no danger of default, however, Two-thirds of the debt belongs to top-rated borrowers that have no problems ...
    2008-03-06 03:05:00

  • Banks Not Holding Their Breath for Refis (TheStreet.com)

    Despite dropping interest rates, opinions are mixed about whether homeowners will look to refinance their mortgages.
    2008-03-06 04:19:28

  • Nexstar Broadcasting Group Reports Fourth Quarter and Full Year 2007 Operating Results (Centre Daily Times)

    Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) today reported financial results for the fourth quarter and year ended December 31, 2007.
    2008-03-06 04:23:44

  • Rates may shrink on jumbo mortgages (Bankrate.com)

    Homeowners and homebuyers who live in expensive housing markets may be pleased to learn that the federal government recently increased the size of mortgages that Fannie Mae and Freddie Mac can purchase and the Federal Housing Administration, or FHA, can insure.
    2008-03-06 04:42:38

  • Rates drop this week -- or do they? (Bankrate.com)

    Mortgage rates have been volatile this year, moving up and down as rapidly as an oscilloscope. That trend continued this week. The benchmark 30-year fixed-rate mortgage fell 9 basis points, to 6.32 percent, according to the Bankrate.com national survey of large lenders.
    2008-03-06 04:42:48

  • Bad loans multiplying at N.J. banks (The Record)

    When consumers and businesses stop making loan payments, that is not a good sign for the economy.
    2008-03-06 04:42:57

  • More pain ahead for homeowners (The New Zealand Herald)

    Home owners, particularly those with mortgages, can look forward to more pain. Reserve Bank governor Alan Bollard surprised no one today when he left the Official Cash Rate (OCR) unchanged on 8.25 per cent in the bank's quarterly Monetary Policy Statement.
    2008-03-06 04:45:29

  • Calls Widen For Foreclosure Solutions (NBC 5 Chicago)

    The government's Hope Now Alliance says it has helped over a million troubled borrowers head off home foreclosure. But calls are widening for a broader response.
    2008-03-06 04:45:53

  • Consolidated Communications Holdings Reports Fourth Quarter and Full Year 2007 Results (Broadcast Newsroom)

    - Successfully Completes Acquisition of North Pittsburgh Systems, Inc. -- Grows Total Connections by More Than 9,000 to Over 302,000 -- Largest Annual Growth in Company History, Adds 14,000 New DSL Su...
    2008-03-06 04:51:35

  • Latest News

    dBusinessNews.com - ... secret Yield Spread Premium, and serves to educate homeowners on the typical fees associated with a mortgage loan. Additional information ... an effort to skirt the issue. YSP serves an important role in allowing home owners to purchase and refinance ...
    2008-03-05 06:55:00

  • Strongco Reports Fourth Quarter Results

    Market Wire - Although we believe that these forward-looking statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a number of factors that could cause actual results to vary ...
    2008-03-03 03:55:00

  • Mortgage workouts, now tax-free for many homeowners

    Frost Illustrated - INDIANA/KENTUCKY- Homeowners whose mortgage debt was partly or entirely forgiven ... Debt used to refinance qualifying debt is also eligible for the exclusion, but ... Notify the lender immediately if any of the information shown is incorrect.
    2008-03-04 08:51:00

  • Life's Elite Launches Consumer-Direct Mortgage Revolution, Provides ...

    Biloxi Sun Herald - Even credit-worthy consumers, who have never been late on mortgage payments, are at risk, as tens of thousands of homeowners are unable to refinance or access their ... For more information, visit: http://www.lifeselite.com Contact: J. Angelo ...
    2008-03-05 05:15:00

  • Bernanke says lenders, investors should write down principal on more ...

    Forbes - ... Financial) - Federal Reserve Board Chairman Ben Bernanke today called on mortgage ... write down the loan values to the point a borrower might be able to refinance into ... The content on this site, including news, quotes, data and other information, is ...
    2008-03-04 06:35:00

  • Panic selling houses can be a costly mistake

    News.com.au - If they have a mortgage of $300,000 or $400,000 they could save themselves ... say thousands of dollars can be saved by fixing some or all of a loan or refinance ... This website may contain information about financial products.
    2008-03-05 02:12:00

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