Mortgage and Financial News From 2008-2-4 Page 44

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• Southwest Georgia Financial Corporation Revises Fourth Quarter and ... - Trading Markets (press release)

  Southwest Georgia Financial Corporation Revises Fourth Quarter and ...Trading Markets (press release), CA - 31 minutes agoThis included a $119 thousand decline, almost 25%, in commercial mortgage banking revenue, and a $110 thousand loss on the sale of one large foreclosed ...
  2008-02-04 10:45:14

• FBI Investigates Mortgage Meltdown

  NPR News - Tell Me More , February 4, 2008 · The fallout from the mortgage crisis continues as the FBI investigates possible mortgage fraud by at least 14 companies. Wade Henderson, president of the Leadership Council on Civil Rights, and Lisa Madigan ...
  2008-02-04 09:18:00

• Egg credit cards to be withdrawn from 'risky' customers - Money News

  Egg credit cards to be withdrawn from 'risky' customersMoney News, UK - 20 minutes agoThe company said it is not asking for all the money owed to be paid back immediately or making any changes to the terms and conditions or interest rates on ...
  2008-02-04 10:56:11

• Potential foreclosure candidates can receive help from a new ... - Jacksonville Daily Record

  Potential foreclosure candidates can receive help from a new ...Jacksonville Daily Record, FL - 4 hours agoThe FHASecure program targets families with subprime loans who have good credit and payment histories that want to refinance into a safer loan, said Jackson ...
  2008-02-04 07:05:42

• Commonwealth Bankshares, Inc., Norfolk, VA, Announces Record ... - CNNMoney.com

  Commonwealth Bankshares, Inc., Norfolk, VA, Announces Record ...CNNMoney.com - 19 minutes ago2008 is going to be an interesting year with the current interest rate environment and the slowing real estate market, however, we believe we are well ...
  2008-02-04 10:56:44

• How Your Local Banker Controls the Japanese Yen - World Currency Watch

  How Your Local Banker Controls the Japanese YenWorld Currency Watch, FL - 10 minutes agoHome prices are still falling because mortgage bankers took on too much risk in previous years. Mortgage lenders gave loans to people who couldn't really ...
  2008-02-04 11:06:21

• ICICI Bank to fund home loans up to Rs 20 lakh - Business Standard

  ICICI Bank to fund home loans up to Rs 20 lakhBusiness Standard, India - 1 hour ago... reported in its mortgage lending portfolio in the previous year. Housing finance companies are required to maintain a capital adequacy ratio of 12 %. ...
  2008-02-04 09:51:35

• Advisor Makes Public His 'Once a Year' Buy Signal - PR Newswire (press release)

  Advisor Makes Public His 'Once a Year' Buy SignalPR Newswire (press release), NY - 9 minutes agoHe says, "Interest rates have plunged and are suddenly back to the record low levels of four years ago. The subprime mortgage problem is evaporating right ...
  2008-02-04 11:06:45

• ICBC dethrones Citigroup as Chinese banks rule new order - Livemint

  ICBC dethrones Citigroup as Chinese banks rule new orderLivemint, India - 1 hour agoThe collapse of the subprime mortgage market wiped out almost $100 billion (Rs3.94 trillion) of value from the three biggest US banks in the past six months ...
  2008-02-04 09:53:58

• Rates on the rise today: economists - Scopical

  Rates on the rise today: economistsScopical, Australia - 6 minutes ago"None of us out there want to see working families punished by interest rate decisions," Mr Rudd said. "None of us want any mortgage rate pressure in ...
  2008-02-04 11:09:38

• Fed survey shows banks have tighter lending standards and weaker ... - Thomson FX Hub

  Fed survey shows banks have tighter lending standards and weaker ...Thomson FX Hub, MA - 1 minute agoFor consumer lending, the bankers reported similar cutbacks and tougher standards for all kinds of mortgage and home equity lending.
  2008-02-04 11:14:54

• Getting Knocked Down by Prime ARMs (BusinessWeek Online via Yahoo! UK & Ireland Finance)

  Prime ARMs went to borrowers with good credit because they were less likely to default, right? Wrong
  2008-02-04 05:30:58

• Martinez, HUD Secretary talk more subprime (Jacksonville Daily Record)

  Potential foreclosure candidates can receive help from a new government-backed mortgage refinancing program.
  2008-02-04 07:10:52

• Moody's affirms Option One rating - Interactive Investor

  Moody's affirms Option One ratingInteractive Investor, UK - 1 hour agos ability to collect mortgage loan payments for other lenders. Option One, which is a division of H&R Block Inc., had been under review in light of the ...
  2008-02-04 09:59:00

• Fact Sheet: The President's FY09 Budget (Business Wire via Yahoo! Finance)

  WASHINGTON----Addresses Immediate Economic Challenges
  2008-02-04 07:58:00

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