Mortgage and Financial News From 2007-9-22 Page 11
Previous Day: 2007-09-21
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16
-
'King of Bankruptcy' bids for mortgage firm's service unit (Boston Globe)
WILMINGTON, Del. - Wilbur L. Ross Jr., who became a billionaire by investing in bankrupt steel companies, offered to pay at least $435 million for a unit of American Home Mortgage Investment Corp. and said he plans to "get into all aspects of the mortgage industry."
2007-09-22 02:30:07 -
Billionaire eyes American Home Mortgage unit (Newsday)
In what could be the beginning of the end for American Home Mortgage, billionaire financier Wilbur Ross Jr. has offered to pay up to $435 million for the company's loan servicing division, which is its only operational business unit.
2007-09-21 04:02:00 -
Fitch Rates Rede Perpetual Note Add-On Issuance of US$175MM 'B/RR4'
Forbes - Fitch Rates Rede Perpetual Note Add-On Issuance of US$175MM 'B/RR4' 09.21.07, 12 ... Although regulatory risks remain an ongoing credit concern, the current electric ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-09-21 09:25:00 -
Kuwaiti assets to hit $140bn
AME Info - Research by the Kuwait Financial Centre (Markaz) estimates that assets managed by the Kuwaiti investment market will hit $140bn by 2010, up from the current level of $75bn. The sector has benefited from high oil prices, low interest rates and support ...
2007-09-21 09:13:00 -
Fitch Rates Connecticut's $250MM Special Tax Obligations 'AA-'
Forbes - Fitch Rates Connecticut's $250MM Special Tax Obligations 'AA-' 09.21.07, 3:18 PM ... Projected debt service coverage, including current bonds and expected future ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-09-21 12:24:00 -
Fitch Rates Virginia Public Building Authority's $242.5MM Revs 'AA ...
Forbes - Fitch Rates Virginia Public Building Authority's $242.5MM Revs 'AA+'; Outlook ... Measures are being developed to close the $641 million shortfall for the current ... There is no security interest in the projects financed under the master indenture. ...
2007-09-21 01:28:00 -
Fitch Rates Midlothian ISD, Texas ULT Bonds 'AAA' PSF/'A-' Underlying ...
Forbes - Fitch Rates Midlothian ISD, Texas ULT Bonds 'AAA' PSF/'A-' Underlying; Outlook ... Current financial performance and expected tax base growth suggest the district ... will be used to refund certain outstanding obligations and generate an interest cost ...
2007-09-21 01:43:00 -
Lender closes after state put clamps on interest rates
Medford Mail Tribune - Loans must be for a term of at least 31 days and interest rates are capped at 36 percent. Even with the limits, interest and fees ... plans to close 31 centers in Pennsylvania because a court told the company's subsidiary there to suspend its current ...
2007-09-22 01:53:00 -
Wealth workout
Daily Telegraph - But if you look more closely at the detail, many rival current account providers pay good in-credit interest rates, and First Direct's designated savings account, the Everyday e-Saver, is way behind the pace at a paltry 5.5 per cent AER." Bond fans ...
2007-09-20 05:54:00 -
Glenn Greenwald
Salon - The current kerfluffle over Adhmadinejad's proposed pilgrimage to Ground Zero shows once again how bad ideas drag us ... that would most benefit from immunity are so deep and numerous that it really rises to the level of conflict of interest for ...
2007-09-22 06:32:00 -
A&L abolishes overdraft interest
This is Money - This is the latest in a series of interest rate revamps by banks such as Lloyds TSB, HSBC and first ... over alleged unfair fees if they could come up with a simple and transparent alternative to the current norm of high unauthorised overdraft rates
2007-09-22 03:54:00 -
First Direct shocks with zero interest plan
Guardian Unlimited - Are other banks going to follow First Direct in axing interest on current accounts? First Direct is right when it says its unique selling point is its customer service, not great interest rates. Don't forget that many of the biggies hardly pay any ...
2007-09-21 03:37:00 -
News Minute: Bush on health care...Auto talks...Tehran parade
WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in ... DOVER, Del. (AP) - Police at Delaware State University have questioned two students considered "persons of interest" in the ...
2007-09-22 03:19:00 -
KLIBOR Futures Likely To Remain Steady Next Week (Bernama)
KUALA LUMPUR, Sept 22 (Bernama) -- The three-month Kuala Lumpur Interbank Offered Rates (KLIBOR) futures contracts on Bursa Malaysia Derivatives are likely to stay steady next week as the underlying interest rate on the cash market is expected to remain at current level, dealers said.
2007-09-21 09:24:47 -
Bank ends interest on overdrafts (BBC News)
The Alliance & Leicester is to stop charging any interest on overdrafts run up by its current account customers.
2007-09-21 04:04:23