Mortgage and Financial News From 2007-10-20 Page 15
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Fitch Rates Hampton, Virginia's $144.5MM GOs 'AA'; Outlook Stable
Forbes - Fitch Rates Hampton, Virginia's $144.5MM GOs 'AA'; Outlook Stable 10.19.07, 2:50 ... Resultant AV growth has been strong, and current estimates show strong growth of 16 ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-19 11:43:00 -
UPDATE 1-Japan main opposition wants to end stock tax breaks
Reuters - Abolishing them will bring rates on capital gains and dividends back to 20 percent from the current 10 percent, which would equal taxation on interest rates from bank deposits and public and corporate bonds. "(The impact on the market) could happen ...
2007-10-18 12:32:00 -
1987 and all that – lessons for today
Financial Times - Underlying the panic were worries about the Reagan administration’s fiscal policy and the burgeoning US current account deficit. Investors feared that dollar devaluation would lead to resurgent inflation, higher interest rates and an economic slump ...
2007-10-19 05:20:00 -
Correction - Fitch Rates New Orleans Aviation Bd (LA) $88MM Bonds ...
CNBC - Correction - Fitch Rates New Orleans Aviation Bd (LA) $88MM Bonds Series 2007 ... rating reflects the sound coverage of annual debt service provided by current PFC ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-19 01:45:00 -
Fitch Rates Duval County School Board, Florida $145MM COPs 'A+'
Forbes - Fitch Rates Duval County School Board, Florida $145MM COPs 'A+' 10.19.07, 5:51 PM ... For the current fiscal year, the state implemented a mid-year reduction which ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2007-10-19 02:50:00 -
G7 MEETING Juncker says euro zone monitoring exchange rates closely ...
Forbes - ... Jean-Claude Juncker said the euro zone will continue to monitor exchange rates ... had reaffirmed to their G7 partners that a strong dollar is in the interest of the ... Juncker said the correction of global current account imbalances should be a ...
2007-10-19 05:48:00 -
Hope survives stock dip
St. Petersburg Times - On Oct. 19, 1987 - Black Monday - the Dow plunged 23 percent amid concerns about interest rates and slowing economic growth. A decline of similar proportion, given the market's current levels, would mean a drop of some 3,000 points. Friday's decline ...
2007-10-19 08:33:00 -
Fed's Bernanke says policymakers faces challenges during economic ...
St. Louis Post-Dispatch - Bernanke didn't talk specifically about the current state of the economy or the future direction of interest rates in the United States. The Fed meets next on Oct. 30-31. Some economists believe the central bank will lower rates again at that time ...
2007-10-20 01:05:00 -
Dow takes 360-point hit
Baltimore Sun - On Oct. 19, 1987 - Black Monday - the Dow plunged 23 percent amid concerns about interest rates and slowing economic growth. A decline of similar proportion given the market's current levels would mean a drop of about 3,100 points. The decline - the ...
2007-10-20 12:15:00 -
Bernanke: Assessing economy is a challenge
Philadelphia Inquirer - ... quite different from those that would be optimal" under times of economic certainty, Bernanke said in prepared remarks to be delivered via video conference from Washington. He did not comment on the current outlook for the economy or interest rates ...
2007-10-19 11:54:00 -
UPDATE: Trichet: Important US Says Strong Dollar In US Interest (Nasdaq)
WASHINGTON -(Dow Jones)- European Central Bank President Jean-Claude Trichet said Friday it was "very important" to hear the U.S. saying a strong dollar is in the country's interest, and he said that the ECB's monetary policy stance has remained unchanged since its last interest rate setting meeting.
2007-10-19 06:53:42 -
The Incredible Shrinking Mortgage Market!
Sky.com - Last month, ongoing liquidity problems in the inter-bank lending market hit home at Northern Rock. The Newcastle-based lender relied on the money markets to raise three-quarters (75%) of its mortgage funding. Thus, when the cost of borrowing from ...
2007-10-16 05:59:00 -
SEC Probes Countrywide CEO's Stock Sales
Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... Commission is examining stock sales of the chief executive of Countrywide Financial Corp. , the nation's largest mortgage lender, a ...
2007-10-16 05:59:00 -
Guilty plea in mortgage fraud case
Kansas City Star - ... Walter Zwego Jr., 59, admitted that he led a scheme to defraud a mortgage lender in the sale of a house owned by Katheryn Shields and Philip Cardarella. Prosecutors alleged that Zwego conspired with others to obtain financing and purchase the home at ...
2007-10-19 10:18:00 -
More than 300 homes on auction block
Minneapolis Star Tribune - At a starting bid of a mere $9,000, someone could pick up a 1,072-square-foot cheery home with red shutters, hardwood ... Dorfman pointed out that the auction's on-site financing is provided by Countrywide, the nation's largest mortgage lender and one ...
2007-10-20 12:08:00