Mortgage and Financial News From 2007-10-10 Page 01

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  • AES affirmed at 'B1' after co boosts notes offering to 2 bln usd ...

    Forbes - The rating affirmation is predicated on AES using net proceeds from the notes offering in excess of 600 mln usd to refinance part of the company's approximate 4.8 bln usd of existing recourse debt. Total recourse debt after the refinancing, which ...
    2007-10-10 10:57:00

  • Housing market tips

    AZCentral.com - If the interest on your loan is rising, forcing you to sell, try to refinance. Real estate analysts advise homeowners who don't need to move to stay put for a few years until the housing market stabilizes. Investors • The days of the quick flips for ...
    2007-10-10 03:15:00

  • Arab Bank Group enters $1.37 billion loan agreement for Oman Oil ...

    MENAFN - The company will use the loan to refinance loans for the Sohar Refinery and Oman Refinery after the two entities merged under the new name: "Oman Refineries and Petrochemical Company". Arab Bank 's Chairman/CEO Abdul Hamid Shoman welcomed Arab Bank 's ...
    2007-10-10 08:51:00

  • EFS procedure

    DAWN Group - KARACHI, Oct 10: The State Bank of Pakistan (SBP) has modified procedure for export finance scheme for refinance amount. According to SBP circular issued here on Wednesday, the amount of refinance not provided by the SBP (i.e., component of the ...
    2007-10-10 09:48:00

  • Mortgage applications up in week, housing limps

    Reuters - NEW YORK (Reuters) - Demand for applications to buy U.S. homes and refinance existing mortgages rose last week, but a housing recovery is being squelched as consumers face more difficulty getting loans approved, analysts say. The Mortgage Bankers ...
    2007-10-10 02:03:00

  • ArvinMeritor Achieves Industry First For Women's Leadership Makes 2007 ...

    PR Newswire - Lehmann has received accolades for her groundbreaking treasury work during the 2006 fiscal year to refinance ArvinMeritor's capital structure, significantly improve its balance sheet and increase its liquidity, while Wilkinson provided legal support ...
    2007-10-10 08:58:00

  • Banks urged to help fill loan gap

    Maine Sunday Telegram - With house prices flat or down, those borrowers are now finding it hard to refinance those loans, and they face higher monthly payments, which has led to the spike in foreclosures. It's not just a problem for individuals. The foreclosures have ...
    2007-10-10 09:27:00

  • Restructuring best option to pay Connector's debt

    Greenville News - Under this plan the Connector Association would find another investor or group of investors willing to buy the debt from the current investors and refinance it over a longer term. It would reduce payments, and the new bondholders would outline a ...
    2007-10-10 10:45:00

  • Hilb Rogal & Hobbs Company Sets Dates for 2007 Third Quarter Financial ...

    Forbes - ... is subject to a number of investigations and legal proceedings, which if determined unfavorably for the company, may adversely affect the company's results of operations; a decline in the company's ability to obtain new financing and/or refinance ...
    2007-10-10 01:49:00

  • Sainsbury's chief braced for major change

    BBC News - In fact, last year Sainsbury's financial jugglers put down half the property portfolio as collateral to refinance £2bn of debts, slashing its interest costs by £13m a year in the process. "Many of the things people speculate a new owner might do ...
    2007-10-10 03:15:00

  • Mortgage applications up in week, housing limps (Washington Post)

    NEW YORK (Reuters) - Demand for applications to buy U.S. homes and refinance existing mortgages rose last week, but a housing recovery is being squelched as consumers face more difficulty getting loans approved, analysts say.
    2007-10-10 05:11:01

  • NextAce Reaches 500,000 Processed Orders; Major Milestone for Title ...

    Forbes - TitleEDGE services include Resale and Refinance Preliminary Title Reports and ... Limited Coverage Policies (LCP), as well as Real Estate Owned (REO) and Mortgage ... Additional information on NextAce can be found at http://www.nextace.com. Copyright (C ...
    2007-10-10 01:20:00

  • International Forecaster MidWeek Reading - Gold, Silver, Economy + More (GoldSeek.com)

    The following are some snippets from the most recent issue of the International Forecaster. For the full 23 page MidWeek Reading, please see subscription information below.
    2007-10-10 07:57:43

  • U.S. mortgage applications increase 2.4% last week (Providence Business News)

    “SERVICING PROFITS in 2006 partially offset production losses, but even these profits declined from 2005 levels due to mortgage-servicing hedge losses,” MBA analyst Marina Walsh wrote in the association’s 2006 industry profits report.
    2007-10-10 07:33:47

  • Laurentian Bank changes its mortgage rates

    CNW Group - MONTREAL, Oct. 10 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates. The changes are as follows: < TERM RATE VARIATION 6 month open: from 8.55% to 8.65% + 0.10% 6 month close: from 6.75% to 6.85% + 0.10% 6 month convertible: from 6.80% to ...
    2007-10-10 01:34:00

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