Mortgage and Financial News From 2008-1-1 Page 21

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• Web site localizes buy vs. rent benefits - Palm Beach Post

  Web site localizes buy vs. rent benefitsPalm Beach Post,  United States - 19 hours agoown search engine that lets you compare the cost of homes for sale with the cost of homes or apartments for rent - at the same time and in the same map. ...
  2007-12-31 10:49:08

• US market burns Kiwi investors - Stuff.co.nz

  US market burns Kiwi investorsStuff.co.nz, New Zealand - 9 hours agoThe Fortress losses in the US financial markets compare with about $1.5 billion of investors' money in New Zealand which has been frozen through the ...
  2008-01-01 08:00:23

• US market burns Kiwi investors (Stuff)

  Several thousand Kiwi investors have lost about a third of their investment in Fortress Notes - issued by Australian investment bank Macquarie - due to volatility in United States financial markets.
  2008-01-01 08:03:30

• Tom Stevenson

  Daily Telegraph - ... be a difficult year for the UK economy as the chickens of high personal debt and deteriorating public finances come home to ... spending will slow as real disposable income is constrained by higher energy and food prices and, for many, increased mortgage ...
  2008-01-01 04:11:00

• Defaults among mortgage insurers rose to record in November as home ...

  CNBC - WASHINGTON - Mortgage insurers saw defaults rise to a new monthly record in November, according to data published Monday by an industry trade group. Mortgage insurance companies such as PMI Group Inc. and MGIC Investment Corp. protect lenders from ...
  2007-12-31 12:44:00

• Broke Britain: millions face struggle to stay afloat as financial ...

  Independent Online Edition - Debt experts are predicting a record number of personal insolvencies this year as excessive Christmas shopping, rising mortgage ... cut the base rate of interest last month, an estimated 1.4 million people will still have to pay more for their home loans ...
  2008-01-01 04:11:00

• Region's first 2008 baby born in Saratoga Springs

  Times Union - Avery sports a mop of reddish hair, the same color as his mom's. "He's beautiful," his father, Matthew McMorris, said. "He's pretty much been sleeping since we met him." Avery's mother, Briana McMorris, is a mortgage broker with Home Mortgage Network ...
  2008-01-01 12:58:00

• Australian share market poised to start 2008 on far more cautious note

  CNBC - A worsening subprime mortgage crisis in the US, caused by home buyers unable to make repayments after being caught up in a rising interest rate environment, spilt over into the wider financial market. Banks stopped trusting each other because of ...
  2008-01-01 03:35:00

• PHH Scraps Sale to GE, Blackstone After Lenders Balk (Update4)

  Bloomberg - Jan. 1 (Bloomberg) -- PHH Corp., the New Jersey-based mortgage and auto-leasing company, scrapped a $1.8 billion sale to General Electric Co. and Blackstone Group LP after the buyout firm said banks reneged on an agreement to lend the money ...
  2008-01-01 01:55:00

• US credit crunch to dampen deal-hungry sector

  News.com.au - In December the ASX-listed Reckson New York Property Trust, which leased office space to bankrupt mortgage provider American Home Mortgage, downgraded its earnings forecast and canned a $270 million restructure. Centro's near-collapse had put listed ...
  2008-01-01 03:35:00

• Passion Comes With a Mortgage

  Wall Street Journal - ... has probably been a human preoccupation since cavemen lay awake at night wondering why the Neanderthal next-door had a drier and roomier cave. But the swelling of the American home, which was accompanied over the past half-dozen years by low mortgage ...
  2008-01-01 04:25:00

• The women who spent £300000 on diets..but who can't keep slim - Daily Mail

  The women who spent £300000 on diets..but who can't keep slimDaily Mail, UK - 2 hours ago"I'm painfully aware that what I've wasted on useless diets and gimmicks would have paid off a big chunk of my mortgage, but when you're desperate to be ...
  2008-01-01 02:47:58

• Singapore Stocks In A Position To Surge [] - RTT News

  Singapore Stocks In A Position To Surge []RTT News, NY - 2 hours agoEarlier in the day, November existing home sales showed an unexpected increase, but the MICA reported that mortgage defaults jumped 35 percent year over ...
  2008-01-01 02:48:00

• 2008 Investments Expected to Yield below 20% - Donga.com

  2008 Investments Expected to Yield below 20%Donga.com, South Korea - 2 hours ago... financial uncertainties at home and abroad, to include China’s budget-tightening policy and the financial crisis related to subprime mortgage loans. ...
  2008-01-01 02:50:54

• Thai Stocks Remain Unsettled [] - RTT News

  Thai Stocks Remain Unsettled []RTT News, NY - 2 hours agoEarlier in the day, November existing home sales showed an unexpected increase, but the MICA reported that mortgage defaults jumped 35 percent year over ...
  2008-01-01 02:59:52

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