Archive for October, 2007

MasterCard’s Priceless Quarter

Wednesday, October 31st, 2007

The shares surged 20% Wednesday on another stellar profit report. How long can the credit-card network’s stock defy gravity?

Original post by AnthonyK

Movers: Google, Verizon, Alcatel-Lucent, MasterCard, Garmin

Wednesday, October 31st, 2007

Wednesday’s stocks in the news

Original post by AnthonyK

NY’s Cuomo to announce mortgage probe development (Reuters via Yahoo! News)

Wednesday, October 31st, 2007

The New York state attorney general plans to announce a “major development” on Thursday morning in an ongoing investigation of the mortgage industry his office said on Wednesday.

Original post by Yahoo! News Search Results for mortgage

Fitch Rates $1.10B Citigroup Mortgage Loan Trust Inc., Series 2007-10 (Business Wire via Yahoo! Finance)

Wednesday, October 31st, 2007

NEW YORK—-Fitch rates Citigroup Mortgage Loan Trust Inc., mortgage pass-through certificates, series 2007-10 as follows:

Original post by Yahoo! News Search Results for mortgage

Fed lowers rates again amid U.S. housing crunch (International Herald Tribune)

Wednesday, October 31st, 2007

The move, to reduce short-term rates one-quarter point to 4.5 percent, was aimed at preventing the meltdown in housing from crippling the rest of the world’s largest economy.

Original post by Yahoo! News Search Results for mortgage

A Halloween Treat from the Fed

Wednesday, October 31st, 2007

The central bank’s moderate Oct. 31 rate cut aims to ward off a truly scary creature—recession

Original post by AnthonyK

Treasuries Decline After Fed Cuts Rates, Says Risks Balanced (Bloomberg.com)

Wednesday, October 31st, 2007

Oct. 31 (Bloomberg) — Treasuries declined after the Federal Reserve said inflation and growth risks are “roughly” balanced while lowering borrowing costs, suggesting it won’t reduce interest rates further.

Original post by Yahoo! News Search Results for mortgage

Fed cuts US interest rates, expects economic growth to cool (AFP via Yahoo! News)

Wednesday, October 31st, 2007

The Federal Reserve, in a widely expected move, cut US short-term interest rates Wednesday saying that economic momentum was likely to slow in coming months.

Original post by Yahoo! News Search Results for mortgage

Fed cuts rates by quarter point (Reuters via Yahoo! News)

Wednesday, October 31st, 2007

The Federal Reserve cut interest rates on Wednesday, but said the risk of inflation was roughly equal to downside risks to growth, suggesting further rate reductions are far from a sure bet.

Original post by Yahoo! News Search Results for mortgage

JPMorgan Chase mortgage originations jump 35% in 3Q07 (New Ratings)

Wednesday, October 31st, 2007

NEW YORK, October 31 (newratings.com) – JPMorgan Chase Co ( JPM.NYS ) Wednesday announced that its mortgage originations rose 35% in the third quarter.

Original post by Yahoo! News Search Results for mortgage