Latest Poor Credit Refinance news:
Mortgage Brokers as Naysayers
New York?s borrowers could notice a different tone in their discussions with mortgage brokers in coming months.
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News Source - New York Times
Publish date - 05:17:44 07/05/08
In the world of home foreclosure, you can bank on damage
When Bob Steele, owner of Passport Realty in Mount Vernon, heads out to deliver a foreclosure notice, he always takes along a can of mace and a nightstick. He says you can't be too careful.
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News Source - Baltimore Examiner
Publish date - 18:51:04 07/05/08
Trouble in Junk Land
Default rates will rise, putting pressure on long-term junk bonds and the funds that own them.
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News Source - Forbes
Publish date - 09:29:39 07/04/08
Hypo Real Estate Falls After S&P Cuts Units' Ratings on Outlook
July 3 (Bloomberg) -- Hypo Real Estate Holding AG fell as much as 5.6 percent in Frankfurt trading after Standard & Poor's cut its rating on three subsidiaries of Germany's second-biggest commercial-property lender, citing a weaker earnings outlook.
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News Source - Bloomberg.com
Publish date - 08:48:50 07/03/08
Weighing refinancing as a way to end private mortgage insurance
Q: Can I refinance to get rid of private mortgage insurance?A: Yes and no. If you have enough equity in your home after the cost to refinance typically 20 percent or more, you can probably get clear of private mortgage insurance.
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News Source - San Jose Mercury News
Publish date - 16:57:18 07/03/08
LBO Defaults May Rise as About $500 Billion Comes Due (Update2)
July 4 (Bloomberg) -- Leveraged-buyout loan defaults may be ``significantly higher'' than ratings companies' estimates as about $500 billion of debt used to fund the takeovers comes due, the Bank for International Settlements said.
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News Source - Bloomberg.com
Publish date - 15:48:11 07/04/08
Las Vegas Sands May Borrow $7 Billion in Macau Loans (Update3)
July 2 (Bloomberg) -- Las Vegas Sands Corp. , the world's largest casino company by market value, may borrow about $7 billion to expand and refinance debt for projects in Macau, according to three people familiar with the deal.
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News Source - Bloomberg.com
Publish date - 21:23:39 07/02/08
(AFX UK Focus) 2008-07-03 05:53 Chesapeake Corp. cut to 'B', on negative watch - S&P
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services downgraded Chesapeake Corp. and signalled a further possible downgrade, citing EBITDA declines during the past several quarters and the agency's expectations that challenging market conditions could further weaken the company's ability to achieve targeted earnings during the next few quarters, which could pressure its ability to ...
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News Source - Interactive Investor
Publish date - 05:16:07 07/03/08
German Stocks Rise on Trichet Comments; Deutsche Bank Gains
July 3 (Bloomberg) -- German stocks rose, led by banks, after European Central Bank president Jean-Claude Trichet signaled today's rate increase may be enough to contain inflation.
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News Source - Bloomberg.com
Publish date - 16:30:36 07/03/08
Bond Risk Rises to 3-Month High on Concern of Global Slowdown
July 3 (Bloomberg) -- The cost of protecting corporate bonds from default jumped to the highest in more than three months on investor concern record oil prices and rising interest rates will derail corporate earnings.
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News Source - Bloomberg.com
Publish date - 09:54:05 07/03/08
German Stocks Fall for Sixth Day; Hypo Real Estate Declines
July 3 (Bloomberg) -- German stocks dropped for a sixth day, set to complete the longest losing streak since January, as oil rose to a record above $145 a barrel and investors speculated the European Central Bank will raise borrowing costs.
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News Source - Bloomberg.com
Publish date - 11:03:48 07/03/08
German Stocks Fall for Sixth Day; Hypo Real Estate Declines
July 3 (Bloomberg) -- German stocks dropped for a sixth day, set to complete the longest losing streak since January, after oil rose to a record above $144 a barrel.
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News Source - Bloomberg.com
Publish date - 09:19:53 07/03/08
Home prices spiral into deepening abyss
The housing crisis is entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% in April from a year earlier.
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News Source - WDAM-TV Hattiesburg
Publish date - 16:12:26 07/02/08
The Housing Abyss
The housing crisis is entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% in April from a year earlier. Adjusted for inflation, the decline is the biggest since 1940-42, according to data collected by Yale University economist Robert Shiller.
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News Source - BusinessWeek Online via Yahoo! News
Publish date - 12:21:25 06/30/08
Peak likely this summer in resetting ARM loans
The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments is peaking this summer, testing the efforts of lenders and others to keep those people out of foreclosure and to stabilize the housing market.
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News Source - Philly.com
Publish date - 08:21:18 07/02/08
Real Estate: Making the REIT Picks
After a great run, real estate investments have suffered over the past year, with the average real estate mutual fund down 18%, according to Morningstar. David Lee has managed the $2.5 billion T. Rowe Price Real Estate Fund (NASDAQ:TRREX - News) since it opened in October 1997, so he has seen tough times before. In the two years after the fund started, shares of real estate investment trusts ...
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News Source - BusinessWeek Online via Yahoo! News
Publish date - 12:18:29 07/01/08
Free Times - Ohio's Premier News, Arts, & Entertainment Weekly
Editor's Note: A former account executive for the nearly bankrupt Novastar Financial Inc. and a former mortgage broker at the now-defunct Equity Consultants, an independent mortgage brokerage firm once in Richfield, spoke to the Free Times on the condition of anonymity.
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News Source - Cleveland Free Times
Publish date - 11:37:59 07/02/08
