Mortgage and Financial News From 2008-9-29 Page 10
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OpenClose Expands Decision Assist(TM) to Target Mortgage Brokers and ... - Earthtimes
WEST PALM BEACH, Fla. - (Business Wire) OpenClose ® , developers of Web-based, end-to-end mortgage lending software , announced today the company has significantly expanded its loan pricing engine and product suite, Decision Assist ™ . The ...
2008-09-29 05:29:00 -
B&B mortgage customers await rate verdict - Guardian Unlimited
Thousands of landlords who took out buy-to-let mortgages with Bradford & Bingley face an anxious wait to see whether the Treasury will honour the terms of their deals that have left them "significantly better off" than many other borrowers. The newly ...
2008-09-29 06:48:00 -
Mexico's Mortgage Industry Flourishing Amid America's Financial ... - Earthtimes
PUERTO VALLARTA, Mexico - (Business Wire) Leading Mexico mortgage broker MEXLend closed a record number of mortgages for 2008, proving that despite the dire circumstances of the American financial market, Mexico ’ s mortgage industry is not only ...
2008-09-29 05:07:00 -
Mortgage Industry Veteran Strengthens MortgageBrokers.com Executive ... - MSN MoneyCentral
TORONTO , Sept. 29 /PRNewswire-FirstCall/ - MortgageBrokers.com Holdings, Inc. (OTCBB: MBKR, the "Company"), one of North America's fastest growing mortgage broker brands and mortgage consolidation companies today announced that it has appointed ...
2008-09-29 05:29:00 -
The human face (Little Speck)
Lehman meltdown : How a high-earning trader (and others) copes with the sudden onset of income shrinkage. New York Magazine. Sep 29, 2008 The rage of the previously rich By Gabriel Sherman The ’97 Barbaresco was not supposed to be opened for this.
2008-09-29 06:03:42 -
Northern Trust to take charge to back cash funds (Chicago Tribune)
Northern Trust Corp., citing the "current turbulent market conditions," disclosed Monday that it will record a pretax $525 million in third-quarter charges to provide financial support to certain investment funds the Chicago trust bank sponsors.
2008-09-29 06:04:22 -
Local impact: Is my money safe? (Charles City Press)
In Australia, they’d say ‘No worries, mate!”
2008-09-29 06:47:46 -
Market overview: FTSE 100 down 164 (ShareCast via Yahoo! UK & Ireland Finance)
1455: Footsie remains deep in the red following a poor start on Wall Street. Financial stocks and miners are still the main victims of selling. Thomas Cook leads the risers after the travel group reported a strong summer and said it is on track to meet expectations in the year to September 30. FTSE 100 down 164 at 4,924.
2008-09-29 07:01:00 -
B&B mortgage customers await rate verdict (Guardian Unlimited)
Buy-to-let customers fear rates could be hiked in a bid to reduce the number of borrowers on the bank's books
2008-09-29 07:04:32 -
Citigroup Agrees to Buy Wachovia's Banking Business (Update2) (Bloomberg)
Sept. 29 (Bloomberg) -- Citigroup Inc. , the biggest U.S. bank by assets, will acquire the banking operations of Wachovia Corp. , rescuing the Charlotte, North Carolina-based lender beset by mortgage losses for more than $2 billion in stock.
2008-09-29 07:45:04 -
European Bond Risk Rises as Credit Crisis Prompts Bank Bailouts (Bloomberg)
Sept. 29 (Bloomberg) -- The cost of protecting European corporate bonds from default rose after governments in the region stepped in to bail out banks as the worldwide credit crisis deepened.
2008-09-29 07:49:51 -
CNN - Citigroup Buying Wachovia Assets (KSAT San Antonio)
Citigroup Will Acquire The Banking Operations Of Wachovia For $2.2 Billion In An All-Stock Deal, Following Much Speculation Over The Weekend About The Fate Of The Nation's Fourth-Largest Bank.
2008-09-29 07:56:49 -
Europe Stocks May Trail U.S. Shares on Slower Profits (Update1) - Bloomberg
Sept. 29 (Bloomberg) -- European stocks may fall further than U.S. equities as profits decline and mortgage-related losses push the region's economy toward a recession, some of the world's biggest investors say. Even after plunging 35 percent from ...
2008-09-29 05:22:00 -
UK mortgage market buckles in Aug, lending dives - Guardian Unlimited
LONDON, Sept 29 (Reuters) - Mortgage lending barely rose at all in Britain in August, with the increase shrivelling to two percent of what it went up by a year ago. Other Bank of England data on Monday also showed fewer home loans were approved in ...
2008-09-29 04:32:00 -
Lloyds TSB raises mortgage rates as home loans plummet by 95% in ONE ... - Daily Mail
Mortgage rates continued to climb today with Lloyds TSB becoming the latest lender to announce a hike in the cost of its home loans. The group, which also lends under its Cheltenham & Gloucester brand, is increasing the cost of its two- and three ...
2008-09-29 04:24:00