Mortgage and Financial News From 2008-1-10 Page 25

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• Cedar Shopping Centers Announces Loan Refinancing for Redeveloped ... - CNNMoney.com

  Cedar Shopping Centers Announces Loan Refinancing for Redeveloped ...CNNMoney.com - 4 hours ago10 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. today announced that the Company replaced the $8.9 million first mortgage loan bearing interest at ...
  2008-01-10 11:36:37

• Experienced builders have seen this before - Chicago Sun-Times

  Experienced builders have seen this beforeChicago Sun-Times, United States - 3 hours agoEarlier downturns got kick-started by events, such as the oil embargo of 1973, the arrival of 18 percent mortgage interest rates in 1981, the stock market ...
  2008-01-10 12:40:16

• Bernanke hints at steeper rate cuts - Los Angeles Times

  Bernanke hints at steeper rate cutsLos Angeles Times, CA - 3 hours agoBernanke's comments in a speech in Washington suggest that the Fed is preparing to slash its key target interest rate by half a point from its current 4.25% ...
  2008-01-10 12:48:05

• D&O rates expected to rise after subprime mortgage crisis - Canadian Underwriter

  D&O rates expected to rise after subprime mortgage crisisCanadian Underwriter, Canada - 2 hours agoCook noted D&O rates have been falling in the current "soft" US market, with 20% drops in rates not being unusual. But that trend might reverse itself as ...
  2008-01-10 01:25:49

• Bernanke signals bold Fed action to lift US growth - Guardian Unlimited

  Bernanke signals bold Fed action to lift US growthGuardian Unlimited, UK - 1 hour agoInterest-rate futures contracts shifted to price in a near certainty of a half-point cut. The Fed already has cut rates a full percentage point since ...
  2008-01-10 02:08:49

• Insight: Increasing pressure on the biggest banks - Financial Times

  Insight: Increasing pressure on the biggest banksFinancial Times, UK - 1 hour agoThe sheer scale of liquidity pumped into the markets by central banks has made it hard to imagine a situation where money market rates would not fall. ...
  2008-01-10 02:10:04

• Housing Market Tracker - Subprime Outlook - Seeking Alpha

  Housing Market Tracker - Subprime OutlookSeeking Alpha, NY - 1 hour agoIn... a very difficult lending landscape, one area which will actually show growth is the Energy Efficient Mortgage, which is used either to fund new green ...
  2008-01-10 02:17:21

• US Dec retail sales somber; jobless claims drop - Guardian Unlimited

  US Dec retail sales somber; jobless claims dropGuardian Unlimited, UK - 1 hour agoTaking note of the economy's worsening prospects, Federal Reserve Chairman Ben Bernanke signaled a willingness to lower interest rates sharply. ...
  2008-01-10 02:31:59

• Romney's tax hikes helped him lose New Hampshire - Scripps News

  Romney's tax hikes helped him lose New HampshireScripps News, DC - 1 hour ago"Tax rates on many corporations almost doubled because of legislation supported by Romney," Boston Science Corporation Chairman Peter Nicholas wrote in the ...
  2008-01-10 02:36:55

• The Gekko lives: greed still good in the Wall Street world - The Canberra Times

  The Gekko lives: greed still good in the Wall Street worldThe Canberra Times, Australia - 1 hour agoUnscrupulous mortgage lenders thanks to a laissez-faire approach to regulation popped up everywhere offering moderate-income people subprime loans as their ...
  2008-01-10 02:45:42

• Countrywide stock up on reports - BBC News

  Countrywide stock up on reportsBBC News, UK - 38 minutes agoShares in US mortgage giant Countrywide Financial have risen sharply following reports that it is in talks to be acquired by Bank of America. ...
  2008-01-10 03:22:01

• US credit card asset quality to weaken in '08-Fitch - Reuters

  US credit card asset quality to weaken in '08-FitchReuters - 17 minutes agoHistorically, overstretched consumers made mortgage payments first to keep a roof over their head. However, interest rate resets on adjustable rate ...
  2008-01-10 03:42:49

• Bois Forte fire protection contract still not resolved - Tower Timberjay News

  Bois Forte fire protection contract still not resolvedTower Timberjay News, MN - 11 minutes ago“My insurance costs are going to go way up,” said reservation homeowner Isabelle Strong, “This will affect everyone with a mortgage from the Minnesota ...
  2008-01-10 03:48:44

• Bernanke signals bold Fed action to lift growth (The Globe and Mail)

  WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Thursday acknowledged the economy faces increased risks and indicated the U.S. central bank is ready to cut interest rates aggressively to support growth.
  2008-01-10 02:13:43

• The 2008 Democratic and Republican presidential candidates' positions on the issues (WOOD TV 8 Grand Rapids)

  WASHINGTON -- The stands of these 2008 presidential candidates on a selection of issues: Democrats: New York Sen. Hillary Rodham Clinton, former North Carolina Sen.
  2008-01-10 03:16:37

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