Archive for December, 2007

Fitch Downgrades $974M in Mortgage Bonds (AP via Yahoo! Finance)

Friday, December 28th, 2007

Fitch Ratings cut its rating on $973.9 million in bonds backed by mortgage debt because the agency assumes more people will fail to repay their home loans.

Original post by Yahoo! News Search Results for mortgage

Thurmond touts Clinton thoughts on mortgage crisis (Atlanta Journal-Constitution)

Friday, December 28th, 2007

Georgia Labor Commissioner Michael Thurmond said Friday that Democratic presidential hopeful Hillary Clinton’s plan to deal with the nation’s mortgage crisis could pay dividends here.

Original post by Yahoo! News Search Results for mortgage

Fitch Affirms $26.4MM & Downgrades $2.9MM from 2003 Terwin Mortgage Trust Subprime Transaction (Centre Daily Times)

Friday, December 28th, 2007

Fitch has taken rating actions on the following Terwin Mortgage Trust asset-backed certificates:

Original post by Yahoo! News Search Results for mortgage

Fitch Rates FHASI $265MM Mortgage P-T Ctfs, Series 2007-6 (Business Wire via Yahoo! Finance)

Friday, December 28th, 2007

NEW YORK—-Fitch rates First Horizon Asset Securities Inc. mortgage pass-through certificates, series 2007-6 as follows:

Original post by Yahoo! News Search Results for mortgage

Analyst Actions: Christopher & Banks, Theravance, Chordiant

Friday, December 28th, 2007

What Wall Street analysts are saying about companies in the news Thursday

Original post by AnthonyK

Can You Refinance Your Reverse Mortgage Loan

Friday, December 28th, 2007

Can You Refinance Your Reverse Mortgage Loan

I received a call from the son and daughter of a senior borrower today and they wanted to know if their mother could refinance her reverse mortgage loan….

Original post by default@goarticles.com (Michael Branson )

Staying At Home with a Reverse Mortgage

Friday, December 28th, 2007

Staying At Home with a Reverse Mortgage

I was asked to give a speech to a group in Boise, ID about how seniors can stay in their homes by using a reverse mortgage. This was an easy one for me becau…

Original post by default@goarticles.com (Michael Branson )

When is a Reverse Mortgage NOT Right?

Friday, December 28th, 2007

When is a Reverse Mortgage NOT Right?

I have seen a lot of good that Reverse Mortgages have done for senior borrowers. I’ve seen them change lives and living situations for the better. I’v…

Original post by default@goarticles.com (Michael Branson )

Home Prices Remain Fairly Stable as New Home Sales Drop

Friday, December 28th, 2007

Sales of new single family houses dropped again in
November according to a joint report issued Friday by the U.S. Department
of Housing and Urban Development and the U.S. Census Bureau.

Only in the West region were sales up from the previous month and then
by a…

Read More Now

Original post by Darin

Stocks Finish Little Changed

Friday, December 28th, 2007

Investors weighed mixed economic data on Friday, including a sharp drop in new home sales, along with news that Warren Buffett is starting a bond insurance firm

Original post by AnthonyK