Mortgage and Financial News From 2008-1-28 Page 61

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  • WSB Holdings, Inc. Announces Completion of Holding Company Formation, Three Month Earnings and Dividend (PR Newswire via Yahoo! Finance)

    WSB Holdings, Inc. , the parent company of Washington Savings Bank, F.S.B., today announced results of operations for the Bank for the calendar quarter ending December 31, 2007.
    2008-01-28 08:00:00

  • Even With Tough Mortgage Laws, N.C. Faces More Foreclosures (WSOC-TV Charlotte)

    RALEIGH, N.C. -- North Carolina's tough mortgage laws, enacted almost a decade ago, have helped the state weather the foreclosure crisis better than most.
    2008-01-28 08:00:47

  • Countrywide's Mozilo to give up severance benefits 10:51 AM (WCNC Charlotte)

    LOS ANGELES -- Countrywide Financial Corp. CEO Angelo Mozilo, under fire over the size of his potential payout from the proposed sale of his troubled mortgage company, says he is forfeiting some $37.5 million in severance pay, fees and perks he was scheduled to receive upon his retirement.
    2008-01-28 08:03:08

  • New Home Sales Fall (Seattle Times)

    Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are facing with a huge backlog of unsold homes.
    2008-01-28 08:09:22

  • News 1.27.2008 (Radio Prague)

    Array
    2008-01-28 08:11:10

  • AutoView Rates Consumer Vehicle Demand

    Auto Remarketing - AutoView Rates Consumer Vehicle Demand January 28, 2008 ... baseline 100 (a 6.2 percent improvement), the index was still the second-lowest it ... The battering the economy has taken from the subprime mortgage situation, credit ...
    2008-01-28 12:01:00

  • Slash interest rates to 4 per cent to stop Britain heading for ...

    Evening Standard - ... UK economy to grow by 2 per cent this year and 1.7 per cent the next, the lowest ... put heavy pressure on Bank of England boss Mervyn King to slash interest rates. Mr ... The first is the credit crunch which "will continue to restrict mortgage approvals". ...
    2008-01-28 01:05:00

  • FPL Group Reports 2007 Fourth Quarter and Full-Year Earnings

    Forbes - The first half of the year saw customer growth rates slightly ahead of management expectations; however, this tapered off ... These units will be among the lowest emitting and most efficient fossil units anywhere in the world. Florida Power & Light ...
    2008-01-28 04:33:00

  • Sales of New Houses in U.S. Fall More Than Forecast (Update3)

    Bloomberg - Federal Reserve policy makers, meeting later this week, will probably cut interest rates again to ... Corp., the fourth- largest U.S. bank, last week said profit plunged 98 percent to its lowest since 2001 after writedowns for bad loans and mortgage ...
    2008-01-28 07:25:00

  • AP Business NewsBrief at 3:50 a.m. EST

    CNBC - China's benchmark index plummeted 7.2 percent to its lowest point in six months on ... over the size of his potential payout from the proposed sale of his troubled mortgage ... it recovered from steep losses last week _ that the Federal Reserve will cut rates ...
    2008-01-28 03:07:00

  • U.K. Housing Market to Stagnate, Investor Club Says (Update1)

    Bloomberg - Mortgage approvals dropped to the lowest in at least a decade in December as banks curbed their lending and higher interest rates deterred buyers. To protect its profit margin of about 18 percent, Instant Access has reduced its workforce ...
    2008-01-28 12:30:00

  • Fortis Rises After Easing Subprime, Capital Concerns (Update2)

    Bloomberg - ... after saying it meets all capital requirements following possible subprime-mortgage ... Fortis dropped to the lowest since August 2002 on Jan. 25 after Dresdner Kleinwort ... Gietman rates Fortis a ``hold.'' Fortis, based in Brussels and the ...
    2008-01-28 04:26:00

  • U.S. Stock-Index Futures Drop; Exxon, Freeport, McDonald's Fall

    Bloomberg - ... shares in Asia and Europe lower, on concern the collapse of the subprime mortgage ... for the first time in four days, while China's CSI 300 Index declined to the lowest ... with more credit-market losses and the Federal Reserve won't cut interest rates ...
    2008-01-28 05:45:00

  • Refinancing Catch-22

    MSNBC - Refinance relief and lower mortgage rates are starting to become available, but only for those ... Some lenders may still offer you a competitive loan, even if it's not at the lowest rate in the market. Consider tapping the services of a mortgage ...
    2008-01-28 07:25:00

  • Worries grow ahead of Fed meeting - MSN Money

    Worries grow ahead of Fed meetingMSN Money - 1 hour agoInvestors watch to see whether the central bank will cut rates again this week. McDonald's beats The Street but falls on flat sales. ...
    2008-01-28 06:13:25

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