Archive for August, 2007
Friday, August 31st, 2007
Immediate Action to Take to Avoid ForeclosureKLAS-TV, NV - 35 minutes agoThey would be able to refinance into mortgages insured by the Federal Housing Administration, which would protect them from defaulting. …
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Canada.com
Bush, Bernanke Give Markets HopeABC News - 48 minutes agoToday the president announced a new program that would allow an estimated 80000 homeowners to […]
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Friday, August 31st, 2007
Reuters - Bush said the Federal Housing Administration would launch a new initiative to make it easier to allow homeowners who can no longer afford mortgage payments that have reset higher to refinance their loans. The change would allow more borrowers Read More
Los Angeles Times - Bush also said that he […]
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Friday, August 31st, 2007
MSN UK News - Some overstretched homeowners cannot afford to refinance or even sell their home. Mortgage foreclosures and late payments are expected to worsen. Some 2 million adjustable rate mortgages are to reset to higher rates this year and next. Steep Read More
Marketwatch - Under the plan, the Federal Housing […]
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Thursday, August 30th, 2007
The Age
RAMS profit up, rates to stay steadyAustralian IT, Australia - Aug 27, 2007RAMS is currently trying to refinance a large proportion of its loan book, sourced from the US commercial paper market, where spreads have widened in the …Rams Turns to Australian Market After US Refinancing Failure BloombergInvestors take the shears to RAMS The AgeMarket Turmoil […]
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Thursday, August 30th, 2007
Stockhouse Canada - MELBOURNE -(Dow Jones)- Rio Tinto Ltd. (RTP) said Thursday it plans to refinance part of its US$40 billion debt through a bond issue. The miner has completed the subunderwriting of the debt, which has been raised to fund its US$38.1 billion takeover Read More
USA Today - Some homeowners […]
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Thursday, August 30th, 2007
CNBC - The Fed chief suggested a collaboration to develop “a broader range of mortgage products which are appropriate for low-and moderate-income borrowers, including those seeking to refinance.” Such new mortgage products could be put in place to help Read More
Boston Globe - Non-bank Australian mortgage lender RAMS Home Loans Group […]
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Wednesday, August 29th, 2007
Bloomberg - Thornburg said earlier this month that it sold $20.5 billion of securities at about 95 cents on the dollar to pay down commercial paper it couldn’t refinance. “Investors are not going to refinance you in this environment,’’ said Craig Read More
Boston Online - The mortgage crisis, which has made […]
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Wednesday, August 29th, 2007
Mortgage refinance Q&AYourHub.com, CO - 8 hours agoRefinance Loan Rates Q. Should I try to pay as many discount points as possible to lower my home loan's interest rate? A. If you plan on staying in the …
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THE NEED TO REFINANCE By: George Kotsopoulos, Esq.Hellenic News of America, PA - 5 hours agoI implore you to reconsider […]
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Wednesday, August 29th, 2007
Hindalco readies to refinance Novelis buyHindustan Times, India - Aug 23, 2007The Aditya Birla group flagship Hindalco is gearing up to refinance the acquisition of Canadian major Novelis. Hindalco, which recently concluded a …
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BAA bondholders in dark over Ferrovial refinancingReuters.uk, UK - 3 hours agoThe infrastructure and construction firm is trying to refinance debt taken on to […]
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Wednesday, August 29th, 2007
News.com.au - RAMS is currently trying to refinance a large proportion of its loan book, sourced from the US commercial paper market, where spreads have widened in the wake of the sub-prime crisis. In an expected development, RAMS announced today it had booked a Read More
Herald-Standard - Earlier this month the […]
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