Mortgage and Financial News From 2007-8-27 Page 18

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  • Georgia Beats Tokyo 3-2 to Win Little League World Series Title

    Bloomberg - Aug. 26 (Bloomberg) -- Dalton Carriker hit a solo home run in the bottom of the eighth inning to lift Warner Robins, Georgia, to a 3-2 win over Tokyo in the championship game of the Little League World Series. It's the second straight year a team ...
    2007-08-27 12:12:00

  • Japanese Yen, Thai Baht, Philippine Peso: Asia Currency Preview

    Bloomberg - The Philippines will announce second- quarter gross domestic product numbers on Aug. 30 at 10 a.m. in Manila. The median estimate in a Bloomberg survey of nine economists expect the nation's economic growth to have slowed to 6.5 percent from a year ...
    2007-08-26 11:01:00

  • Hong Kong shares end morning sharply higher on hopes of China inflows ...

    Forbes - since it listed in Hong Kong in June 2006, after the mainland's second-largest lender said it is holding 9.6 billion US dollars worth of securities backed by subprime mortgages. Analysts have slashed their ratings on the stock on concerns over a ...
    2007-08-27 05:56:00

  • People falling behind on mortgages

    News.com.au - People falling behind on mortgages ... Moody's found that during the second quarter of 2007, more people were falling behind with their repayments on loans, to 6 ...
    2007-08-27 03:11:00

  • Hotlinks (Tiscali)

    The bank was battered by heavy losses from U.S. subprime mortgages and other risky debt amid credit turmoil which has roiled world financial markets.
    2007-08-27 01:30:26

  • China Construction Bank holds 1.06 bln dlrs in subprime securities (TODAYonline)

    A man walks past the China Construction Bank head office in Beijing. China Construction Bank, the country's third largest lender, said Monday it held 1.06 billion dollar of securities backed by US subprime mortgages but added it will have limited impact on the group.
    2007-08-27 04:22:13

  • Why can't mortgages be more affordable? (San Diego Union-Tribune)

    Ever since P.T. Barnum imported an elephant named Jumbo to America, the word jumbo (based on an African word for elephant) has been a synonym for gigantic. Huge. Enormous. Except when it comes to home loans. Especially in a place like San Diego.
    2007-08-26 09:07:26

  • Say bye-bye to zero-down mortgages (Tacoma News Tribune)

    Editor’s note: This is another in an occasional series looking at buying a first home. Saving money for a down payment might soon be the newest trend revisited in financing the purchase of a home.
    2007-08-26 08:39:06

  • China Construction Bank holds US$1.06b in sub-prime securities (Channel NewsAsia)

    HONG KONG: China Construction Bank, the country's third largest lender, said Monday it held 1.06 billion dollar of securities backed by US sub-prime mortgages but added it will have limited impact on the group.
    2007-08-27 05:42:47

  • China Construction Bank holds 1.06 bln dlrs in subprime securities (AFP via Yahoo! Singapore News)

    China Construction Bank, the country's third largest lender, said Monday it held 1.06 billion dollar of securities backed by US subprime mortgages but added it will have limited impact on the group.
    2007-08-27 04:07:00

  • People falling behind on mortgages (Perth Now)

    MORE Australians with non-conforming home loans are falling behind with their repayments and the figure is likely to increase because of the recent interest rate rise, global ratings agency Moody's says.
    2007-08-27 03:18:00

  • Thomson Financial Europe AM at a glance share guide: Stocks up, oil ...

    FXStreet.com - Oil prices fell in Singapore morning trade Monday, in a market still fretting that tighter credit following the subprime mortgage crisis will dampen economic activity and weaken global demand. At 0259 GMT, New York's main oil futures contract, light ...
    2007-08-27 05:56:00

  • No licensing leads to more Missouri fraud (BizJournals)

    Among the ranks of Missouri's mortgage brokers are convicted drug dealers and bank robbers, according to the Federal Bureau of Investigation.
    2007-08-27 05:04:25

  • James Hardie, Coates Hire, Woolworths: Australian Stock Preview

    Bloomberg - Insurance Australia Group Ltd. (IAG AU): Australia's biggest auto and home insurer, was cut to ``neutral'' from ``buy'' by Ralph Butterworth at UBS AG, who set a 12-month price target of A$5.75 a share. Insurance Australia lost 42 cents, or 7.3 ...
    2007-08-26 11:01:00

  • Life insurance

    This is Money - Such insurance is often used in tandem with the purchase of a repayment mortgage whose capital value falls over the mortgage term. The premiums on these policies are cheaper than for level term insurance. Convertible term insurance may be converted ...
    2007-08-26 08:56:00

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