Mortgage and Financial News From 2007-10-24 Page 25
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Countrywide to offer mortgage refinancing
AZCentral.com - ... Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans whose interest rates are set ... out to discuss options with borrowers who are current ...
2007-10-23 08:07:00 -
Virgin nearly doubles annual profit
News.com.au - VIRGIN Blue says its outlook is positive for the current financial year after nearly doubling its annual net profit in ... 1. Prices jump, rate rise coming 2. Allow Facebook 'or staff may go' 3. Aussie mortgage rates to jump 4. Young, successful, rich ...
2007-10-24 12:03:00 -
Lender to ease terms on loans
Chicago Tribune - CALABASAS, Calif.—Countrywide Financial Corp., the nation's biggest mortgage ... Such loans usually have lower rates. An additional 30,000 who have missed ... Henry Paulson last week called the housing slump "the most significant current risk ...
2007-10-23 11:56:00 -
Japan's Bonds Rise as Decline in Stocks Spurs Demand for Debt
Bloomberg - ... rose as local stocks declined on concern the impact of the U.S. subprime mortgage ... Federal Reserve meets to decide on interest rates next week, Takai said ... 2.1 percent coupon at tomorrow's auction of 20-year bonds given the current ...
2007-10-24 01:50:00 -
Mortgage Lender Will Offer Help
The Ledger - ... calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates ... up to $2 billion in subprime loans to discounted fixed-rate loans for borrowers who are current on payments. Wells Fargo & Co., with a mortgage ...
2007-10-24 02:48:00 -
New rates blow for Howard
News.com.au - ... about the economist government of ours is comming up! we only had interest rates ... the late 1970's and early 1980's under the then Fraser government when the current ... as all the average joe-blows out there are struggling just to pay the mortgage. I ...
2007-10-24 02:12:00 -
Mortgage lender to offer modified loans (KRON 4 Bay Area)
LOS ANGELES (AP) - The nation's largest mortgage lender says it will begin offering borrowers refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
2007-10-23 06:10:32 -
As foreclosures surge, mortgage lenders pressured to offer borrowers relief (The Journal News)
Countrywide Financial Corp., the nation's largest mortgage lender, said yesterday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
2007-10-23 11:44:08 -
Mortgage lenders pressured to offer borrowers relief (Lake County News Sun)
Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008. But as defaults and foreclosures snowball, the mortgage industry is under increasing pressure to do even more.
2007-10-24 02:48:31 -
Mortgage firms feel heat to offer borrowers relief (The Tennessean)
LOS ANGELES — Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008.
2007-10-24 12:09:08 -
Countrywide offers $16 billion bailout
Daily Breeze - And Bailey acknowledged that sinking home values is one reason the company is taking this action. The program has a refinance and a workout component. Here's how it works: Countrywide set up a special refinance unit for about 52,000 borrowers with a ...
2007-10-24 01:43:00 -
IRPC to Cut Costs, Improve Refinery as Crude Oil Prices Soar
Bloomberg - Oct. 24 (Bloomberg) -- IRPC Pcl, Thailand's largest petrochemical company, plans to save about 2 billion baht ($58 million) this year through job cuts, debt refinancing and related measures, President Piti Yimprasert said. An early-retirement program ...
2007-10-22 05:59:00 -
Countrywide to Modify Up to $16 Billion Mortgages
Reuters UK - Countrywide plans to offer new mortgages to 52,000 subprime borrowers with $10 billion in home loans. It also plans to modify $4 billion in loans for 20,000 prime and subprime borrowers who cannot refinance, and $2.2 billion in mortgages for 10 ...
2007-10-23 05:58:00 -
Countrywide to modify terms on home loans
The Money Times - The nation’s chief home lender, Countrywide intends to change terms on $16 billion of adjustable-rate mortgages before ... California based Countrywide said that option will be given to about 52,000 customers who hold subprime loans to refinance into ...
2007-10-24 02:33:00 -
Countrywide to modify $16 billion mortgages
MSN MoneyCentral - Like many rivals, Countrywide has faced criticism that it fed the housing slump by putting Americans into mortgages they could not refinance once home prices stopped rising. Congress is considering legislation to require lenders to put borrowers ...
2007-10-23 10:20:00