Mortgage and Financial News From 2008-1-16 Page 79

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  • WestStar Rhode Island Launches New Mortgage Website and Offers ... - PR Web (press release)

    WestStar Rhode Island Launches New Mortgage Website and Offers ...PR Web (press release), WA - 1 hour agoWestStar Mortgage offers consumers with tough credit a way to buy or refinance a home via the FHA mortgage program. Warwick, RI (PRWEB) January 16, ...
    2008-01-16 12:23:29

  • Market's eighth straight drop (The Courier Mail)

    THE Australian sharemarket has closed sharply lower, falling for its eighth session in a row after US markets were pummelled by more fallout from the sub-prime crisis.
    2008-01-15 10:20:00

  • Wednesday newspaper report: Tesco, Northern Rock, RAB Capital (ShareCast)

    LONDON (SHARECAST) - One of Tesco's most senior executives attacked City critics yesterday for taking a “Little Englander” attitude to the supermarket chain after it reported its slowest growth in Christmas sales in Britain for a decade.
    2008-01-15 10:51:18

  • WestStar Rhode Island Launches New Mortgage Website and Offers Greater Mortgage Options (PRWeb via Yahoo! News)

    WestStar Mortgage offers consumers with tough credit a way to buy or refinance a home via the FHA mortgage program.
    2008-01-15 11:01:00

  • WestStar Rhode Island Launches New Mortgage Website and Offers Greater Mortgage Options (PRWeb)

    WestStar Mortgage offers consumers with tough credit a way to buy or refinance a home via the FHA mortgage program. (PRWeb Jan 16, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/TG92ZS1TcXVhLVNpbmctVGhpci1Mb3ZlLVplcm8=
    2008-01-16 12:27:33

  • Negotiation can help with adjustable-rate resets (Tacoma News Tribune)

    This will be a brave new year for U.S. homeowners with adjustable-rate mortgages.
    2008-01-16 01:35:33

  • Largest bank seeks help

    Houston Chronicle - ... institutions will be forced to pull back on lending at a time the economy most needs access to credit to ... Citigroup's record loss was caused by write-downs of $23.2 billion from soured mortgage-related securities and reserves for bad loans.
    2008-01-15 10:42:00

  • Hong Kong: benchmark Hang Seng drops 1,403.14 points, or 5.37 percent ...

    MSN UK News - ... sell-off sparked by fears the U.S. was sliding into a recession and on concerns about the effect of the subprime mortgage credit ... tumbled nearly 280 points, or 2.2 percent, overnight after Citigroup said it had written down US$18.1 billion in bad ...
    2008-01-16 01:05:00

  • Stocks plunge on weak retail sales figures and bad news from Citigroup

    Kansas City Star - Citigroup, the nation’s biggest bank, announced a hefty $18.1 billion writedown for bad mortgage assets, a fourth-quarter loss ... last month, illustrating how consumers have been battered by a weak housing market, rising unemployment, the credit crunch ...
    2008-01-15 03:54:00

  • Stocks: A Barrage of Bad News

    BusinessWeek - Some days, it seems the bad news never ends: Your car needs a new muffler, your ... After weeks of speculation about the depth of its subprime mortgage losses, Citigroup ... Citi recorded $18.1 billion in pre-tax write-downs and credit costs on subprime ...
    2008-01-15 03:54:00

  • HSBC Has Biggest Drop in Hong Kong Since 2001 on Citigroup Loss

    Bloomberg - ... in six years in Hong Kong trading on concern it may have to increase U.S. bad ... Citigroup's $9.83 billion loss and its $18 billion writedown on mortgage-related ... delinquencies going up across product ranges,'' Bill Stacey, an analyst at Credit ...
    2008-01-16 12:51:00

  • Wall Street plunges on weak economic data

    MSNBC - ... done enough to keep the economy going — especially as investors continue to see the fallout from the summer’s subprime mortgage crisis. Citigroup, the nation’s biggest bank, announced on Tuesday a hefty $18.1 billion write-down for bad mortgage ...
    2008-01-15 03:54:00

  • U.S. Bancorp fourth-quarter earnings drop 21 percent, but credit woes ...

    San Diego Union-Tribune - It blamed the rise in bad loans on mortgage-related stress, including construction lending. U.S. Bancorp's provision for credit losses was $225 million in the fourth quarter, up $26 million from the third quarter and $56 million from a year earlier ...
    2008-01-15 01:02:00

  • AP Top News at 4:09 a.m. EST

    Newsday - Investors dumped stocks after an overnight sell-off on Wall Street and on news that Citigroup Inc. had lost nearly US$10 billion in the fourth quarter as it wrote down mountains of bad mortgage assets -- the latest fallout from the credit crisis ...
    2008-01-16 01:13:00

  • AP Business NewsBrief at 3:55 a.m. EST

    CNBC - Investors dumped stocks after an overnight sell-off on Wall Street and on news that Citigroup Inc. had lost nearly US$10 billion in the fourth quarter as it wrote down mountains of bad mortgage assets _ the latest fallout from the credit crisis. Weak ...
    2008-01-16 12:51:00

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