Mortgage and Financial News From 2008-2-8 Page 45

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  • Northern Rock May Cut Its Liabilities, Charcol Says (Update1) (Bloomberg.com)

    Feb. 8 (Bloomberg) -- Northern Rock Plc may be able to clear a third of its liabilities by pushing customers into the hands of competitors, helping repay government loans, according to an expert on the nation's consumer lending market.
    2008-02-08 07:06:09

  • Odyssey secures $5M loan (BizJournals)

    Odyssey Marine Exploration Inc. has switched credit facilities.
    2008-02-08 07:20:16

  • Chief Procurement Officer Thomas Essig's Statement before the House Subcommittee on Emerging Threats, Cybersecurity, ... (Department of Homeland Security)

    CPO Essig's testimony regarding the acquisition program and DHS' use of its Other Transaction Authority (OTA) before the House Subcommittee on Emerging Threats, Cybersecurity, and Science and Technology on February 7, 2008.
    2008-02-08 07:36:37

  • Russian President Calls For VAT Reform,Including Unified Rate (The Forex Market)

    MOSCOW -(Dow Jones)- Russia should reform its value-added tax as part of the long-term strategic development of the country, President Vladimir Putin said Friday.
    2008-02-08 07:37:08

  • Zimbabwe: RBZ At the Heart of Banking Crisis (AllAfrica.com)

    ZIMBABWE'S banking sector is under siege. Banks are being labelled all sorts of things as the scapegoat hunting season hots up.
    2008-02-08 08:27:06

  • LOOK TO LARRY

    New York Post - ... large institutional investors could still buy an equity stake in the portfolio that would allow Macklowe to continue managing the properties. Macklowe, who ponied up $50 million of his own capital to buy the buildings, had hoped to quickly refinance ...
    2008-02-08 02:11:00

  • Congress approves plan to stimulate economy

    Baltimore Sun - And to make it easier for homeowners in states with high housing costs to refinance, the measure includes a one-year increase in the size of mortgages that can be backed by the government. It increases the limits on Fannie Mae and Freddie Mac to $729 ...
    2008-02-08 02:26:00

  • Last bid to shed debt

    Chicago Sun-Times - I looked at options to refinance, but once I got behind, credit-wise I was shot," Darvia says. On Google, she got the idea to do a house lottery and decided it could save her from bankruptcy: "It's me trying to do something, anything, and having faith ...
    2008-02-08 02:47:00

  • Premier plunges despite protests

    Times Online - BSkyB, up 2p at 560p, said it will carry out a private placing to raise $750 million (£384 million) to refinance existing debt. The bonds issued to institutional investors will mature in 2018, the pay-TV company said. The reason for the placing was ...
    2008-02-08 05:10:00

  • Santander Consumer USA Expands Presence and Use of Services in ...

    Forbes - ... actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, ability to cross-sell across an acquired customer base, ability to increase revenue yields within facilities, ability to refinance ...
    2008-02-08 05:10:00

  • Hotel Corp. expands board

    Baltimore Sun - At a hearing of the Senate banking committee, its chairman, Sen. Christopher J. Dodd, a Connecticut Democrat, said the two companies need to do more to help homeowners with high-priced loans refinance into more affordable mortgages. Lenders also stand ...
    2008-02-08 06:50:00

  • Tax accountant sentenced in $21-million mortgage fraud case

    Detroit Free Press - Murphy said the fraud occurred in several ways, including: loans received were not used to purchased or refinance a home; fake borrowers were named on the applications; the fraudulent borrower’s employment was false as were documents confirming ...
    2008-02-08 07:19:00

  • Homeowners May Be Big Winners In Stimulus Plan

    CNBC - The biggest winners in the economic rescue plan now awaiting President Bush's signature are likely to be Americans with more expensive homes who will be able to refinance their home loans at cheaper rates. For those who can take advantage of them ...
    2008-02-08 07:26:00

  • Congress passes emergency stimulus plan

    Seattle Times - Housing rescue: Allow more subprime-mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas. Increase the availability of mortgages ...
    2008-02-08 07:55:00

  • European Capital Portfolio Company Marco Polo Foods Acquires 51% Stake ...

    MSN MoneyCentral - European Capital has assisted in the refinance or syndication of euro 358 million ($528 million) of senior debt for its portfolio companies in the last twelve months. For more information about European Capital's portfolio, go to http://www ...
    2008-02-08 08:02:00

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