Mortgage and Financial News From 2008-1-27 Page 3

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  • Economic slowdown forces change in marketing mix - Bizcommunity.com

    Economic slowdown forces change in marketing mixBizcommunity.com, South Africa - 14 minutes agoMarkets have lost a bit of their lustre, foreign direct investment has cooled off and interest rates look scary, a bit like Britney Spears after a trip to ...
    2008-01-27 11:04:25

  • Newsweek: "The Road to Recession", "The US Economy Faces the ... - RGE Monitor

    Newsweek: "The Road to Recession", "The US Economy Faces the ...RGE Monitor, NY - 13 minutes ago... today a glut of housing, consumer durables and autos the demand for these goods becomes relatively interest rate inelastic; it takes years to clean up ...
    2008-01-27 11:05:17

  • Nigeria: External Reserves Hit $54.8bn (AllAfrica.com)

    Nigeria's external reserves increased from US$51.33 billion during the week ended January 4 to US$54.79 billion by January 18, the Central Bank of Nigeria (CBN) has said.
    2008-01-27 10:02:33

  • Rate cut spurs new rush to refinance (Pioneer Press)

    NEW YORK - Last week's surprise rate cut by the Federal Reserve - and one expected this week - not only have held Wall Street and investors in thrall, they've also kicked into high gear a rush by homeowners across the country to refinance their mortgages at today's lower rates.
    2008-01-27 10:12:10

  • Rural land prices are soaring (The Bismarck Tribune)

    STEELE - Rick Rohrich, a 26-year-old father of three, bought his first farmstead at a time when crop and pasture land was fetching record prices. He didn't think he had a choice.
    2008-01-27 10:12:36

  • Will Concerted Efforts To Revive U.S. Economy Bear Fruit? (Nasdaq)

    (RTTNews) - Recession fears continue to engulf the global markets despite several initiatives announced to ward off a severe downturn. It is quite surprising to note that most markets wilted under pressure defying the theory of decoupling.
    2008-01-27 10:29:01

  • Fed's rate cuts ignite a rush to refinance (The Philadelphia Inquirer)

    A positive note in the chorus of bad economic news sounds loudly, like a call to arms. Or, as happened after the Federal Reserve dropped short-term interest rates three-quarters of a percentage point Tuesday, a race to refinance.
    2008-01-27 10:34:19

  • No green light for stocks, Fed eyed (EARTHtimes.org)

    LONDON (Reuters) - The question before investors this week will be whether a combination of government and central bank relief -- with more likely to come -- has signaled the go-ahead for a return to stocks.
    2008-01-27 10:51:16

  • Lower rates spur rush to refinance mortgages (Houston Chronicle)

    Last week's surprise rate cut by the Federal Reserve kicked into high gear a rush by homeowners across the country to refinance their mortgages at today's lower rates.
    2008-01-27 10:54:14

  • As America crash lands, the world looks east (Khaleej Times)

    With Wall Street in crisis and banks begging for cash, the West has lost its swagger. Can China step in and keep the global economy on its feet?
    2008-01-27 10:58:48

  • (AFX UK Focus) 2008-01-28 06:30 GMT: Malaysia's interest rate at 'appropriate level' - central bank - UPDATE (Interactive Investor)

    KUALA LUMPUR (Thomson Financial) - Malaysia's interest rate is still at the appropriate level and supportive of growth despite rising inflation, central bank governor Zeti Akhtar Aziz said Monday.
    2008-01-27 11:02:21

  • Jumbo mortgage changes are coming

    Record Searchlight - It's the single most effective step they could take to stabilize the housing and mortgage market," said Rick Simon, a spokesman for Calabasas-based Countrywide Financial Corp., the nation's largest home lender, which had led the lobbying to raise the ...
    2008-01-27 07:26:00

  • Countrywide's Mozilo Forgoing $37.5M

    Associated Press - Make Missoulian.com your home page Get Firefox! ... Countrywide rose to become the nation's largest mortgage lender but has been struggling since last year amid rising mortgage ...
    2008-01-27 09:38:00

  • Lenders may sue to be paid deficiency

    Detroit News - Some mortgage companies are providing up to $2,500 to borrowers for moving expenses. The lender does not want to incur the costs of foreclosing on your home and then evicting you from the property. This way, you get some money to help with your ...
    2008-01-27 10:14:00

  • If your mortgage lender goes bankrupt, don't panic

    Dallas Morning News - ... your mortgage lender ... home loan consultants. A mortgage-servicing company collects, processes and credits your mortgage payment, and handles your escrow account, if you have one. The servicer can be your original lender, but ...
    2008-01-27 10:42:00

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