Mortgage and Financial News From 2008-4-14 Page 3
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Fannie, Freddie losses could cause gov't to loose top-notch credit rating (MSN Money Canada)
A lower credit rating would mean higher borrowing costs for the U.S. government and could lead to a flight from Treasury securities, which investors - including foreign governments - consider to be virtually risk-free.
2008-04-14 10:34:38 -
Daybook (The Washington Times)
SENATE
2008-04-14 10:35:26 -
Goldman Sachs and Wells Fargo warn 'delusional' investors on stocks (Daily Telegraph)
Wall Street faces the growing risk of an equities bloodbath in coming months as the credit crunch spreads to the wider economy and earnings crumble, according to a pair of grim reports issued by Goldman Sachs and Wells Fargo.
2008-04-14 10:46:07 -
First American CoreLogic Announces REiSource(R): A New Online Real Estate Information Portal Designed for the Title ... (PR Newswire via Yahoo! Finance)
First American CoreLogic, a member of The First American Corporation family of companies and America's largest provider of advanced property and ownership information, analytics and services, today announced the release of REiSource®, a new Web-based real estate information gateway to the most complete and accurate suite of property profiles, new homeowner and refinance lists, resale trends, ...
2008-04-14 10:49:00 -
Uranium: Not Over Yet (GoldSeek.com)
The following is an excerpt from commentary that originally appeared at Treasure Chests for the benefit of subscribers on Monday, March 31 st , 2008.
2008-04-14 10:50:44 -
Stresses on Fannie, Freddie pose wider risks (CNN Money)
A recession could trigger a large rescue of Fannie Mae and Freddie Mac and result in a downgrade of U.S. debt, says rating agency.
2008-04-14 10:52:02 -
Troubled Spanish property builders throw in the kitchen sink (International Herald Tribune)
With prices of existing Spanish homes down by more than 4 percent since peaking in mid-2007 and the market still overvalued by up to 20 percent, some builders are also shifting into rental properties.
2008-04-14 10:56:12 -
Enodis accepts £948m bid from Manitowoc (Daily Telegraph)
The long running battle for control of Enodis looks to be drawing to a close after the UK kitchen equipment manufacturer accepted a knock-out £948m takeover bid from American industrial company Manitowoc.
2008-04-14 08:46:07 -
Poll finds growing majority of Americans avoiding housing market (International Herald Tribune)
Most say they will not buy a home anytime soon in the latest sign of increasing pessimism.
2008-04-14 08:56:12 -
Erinaceous calls in administrators (Investors Chronicle)
Property services firm Erinaceous Group has appointed administrators, and its shares were suspended at 1.65p. That represents a fall of 99.5 per cent from their March 2006 peak, and values the company's equity at just £1.77m.
2008-04-14 08:56:34 -
Americans answer to credit crisis is to borrow more (Post-Bulletin)
The credit crunch has made it harder for Americans to indulge in their love affair with debt. So what are they doing? Borrowing more
2008-04-14 09:24:10 -
Buy A Home Soon? Not Likely, Survey Finds (WCVB Boston)
A growing majority of people are avoiding buying homes, according to a new survey.
2008-04-14 09:42:01 -
Growing majority avoid buying homes amide pessimism over housing crisis (KBCI Boise)
In a vivid sketch of how the sputtering real estate market is causing distress throughout the country, the Associated Press-AOL Money & Finance poll found that more than a quarter of homeowners worry their home will lose value over the next two years.
2008-04-14 09:45:15 -
AP poll: Mortgage payments worry many (AP via Yahoo! News)
One in seven mortgage holders worry they may soon fail to make their monthly payments and even more fret that their home's value is shrinking, according to a poll showing widespread stress from the nation's housing crisis.
2008-04-14 09:56:34 -
No easy fix (Daily Telegraph)
Wary lenders tighten their grip. By Paul Farrow.
2008-04-14 07:55:57