Mortgage and Financial News From 2008-1-28

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• Matter of Record - Times Record News

  Matter of RecordTimes Record News, TX - 31 minutes agoDiane Bass Johnson to Barry H. Orr, Trustee, Primewest Mortgage Corp., L1 B5 of the Southwinds Estates Addition, Section 2, $118500.00, V3206 P4. ...
  2008-01-28 07:48:09

• ITALY VALLE D'AOSTA HOME LOANS UP 25 PCT Y/Y 9-MO 2007 - ANSA Valle d'Aosta

  ITALY VALLE D'AOSTA HOME LOANS UP 25 PCT Y/Y 9-MO 2007ANSA Valle d'Aosta, Italy - 31 minutes ago... the consumer mortgage unit of Italy's banking group UniCredit, ANSA reported on October 19, 2007. The total amount of home loans in Italy fell to 30.55 ...
  2008-01-28 07:48:29

• Business loans reach 8-year high - Irish Times

  Business loans reach 8-year highIrish Times, Ireland - 29 minutes agoThe only sign of weakness came in home borrowing - mortgage growth fell to the lowest since euro zone records began in 2000 as higher market rates pushed up ...
  2008-01-28 07:50:01

• Worst Sales Of New Homes On Record - CBS News

  Worst Sales Of New Homes On RecordCBS News, NY - 29 minutes ago(AP Photo/Jeff Roberson) Steve Kroft reports on how the US sub-prime mortgage meltdown, in which risky loans drove a housing boom that went bust, ...
  2008-01-28 07:50:17

• United Financial Bancorp Reports Fourth Quarter EPS of $0.08 ... - CNNMoney.com

  United Financial Bancorp Reports Fourth Quarter EPS of $0.08 ...CNNMoney.com - 26 minutes agoThe Company has not originated loans to sub- prime borrowers and approximately 96% of its investment portfolio consists of mortgage-backed and debt ...
  2008-01-28 07:53:06

• Getting bankers to hit the brakes - International Herald Tribune

  Getting bankers to hit the brakesInternational Herald Tribune, France - 24 minutes agoSay regulators demand that banks maintain a big cushion of capital as a share of their loans, as a form of insurance in case the bets go bad. ...
  2008-01-28 07:55:40

• WHK names new chief - InvestorDaily

  WHK names new chiefInvestorDaily, Australia - 20 minutes agoCBD-based WHK Horwath Sydney bought a Mortgage Choice franchise with $300 million in loans and annual revenue of $1.1 million finance broking business. ...
  2008-01-28 07:59:11

• Recession or not, the suffering is real - Inside Bay Area

  Recession or not, the suffering is realInside Bay Area, CA - 15 minutes ago... the mortgage lending crisis, but getting pink slips from the nation's largest savings and loan on the same day just before Christmas was still a shock. ...
  2008-01-28 08:04:50

• Fannie and Freddie to the Rescue? - MSNBC

  Fannie and Freddie to the Rescue?MSNBC - 13 minutes agoRight now, no one wants to buy securities backed by the oversize loans. "It's almost impossible" to sell a jumbo mortgage, says Jim McKillop, president and ...
  2008-01-28 08:06:50

• BUYINS.NET: (DCOM) SqueezeTrigger Price is $13.798. There is ... - Trading Markets (press release)

  BUYINS.NET: (DCOM) SqueezeTrigger Price is $13.798. There is ...Trading Markets (press release), CA - 12 minutes agoAt December 31, 2005, the Bank's loan portfolio totaled $2.61 billion, consisting primarily of mortgage loans secured by multifamily residential apartment ...
  2008-01-28 08:07:52

• WSB Holdings, Inc. Announces Completion of Holding Company ... - CNNMoney.com

  WSB Holdings, Inc. Announces Completion of Holding Company ...CNNMoney.com - 7 minutes ago... and the related decline in mortgage loan originations and the continuing reduction in the Bank's concentration in higher-yielding construction loans. ...
  2008-01-28 08:12:31

• Lynn Drysdale (center) was recognized by Joe Meux Sr. (left) and ... - Jacksonville Daily Record

  Lynn Drysdale (center) was recognized by Joe Meux Sr. (left) and ...Jacksonville Daily Record, FL - 2 minutes agoShe represents consumers in individual and class action cases involving all types of predatory consumer practices, including illegal mortgage lending and ...
  2008-01-28 08:17:23

• New Home Sales Fall by Record Amount (San Francisco Chronicle)

  Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are facing with a huge backlog of unsold homes. The Commerce Department reported Monday that sales of new...
  2008-01-28 07:49:53

• Mozilo Gives Up $37.5M Severance (TheStreet.com)

  Countrywide's CEO 'voluntarily' forfeits rights ahead of Capitol Hill hearings on executive compensation.
  2008-01-28 07:51:08

• New home sales plunged nationally in 2007 (Naples Daily News)

  New home sales plunged nationally in 2007
  2008-01-28 07:53:11

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