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| Va. August revenues (Mortgage refinancing) continue to fall, cuts planned |
| Tuesday, September 16, 2008 |
Va. August revenues continue to fall, cuts planned - MSN MoneyCentral
RICHMOND, Va. (AP) - Virginia's revenues continued falling in August as year-to-date collections dipped below the previous year's comparable total for the first time in nearly six years. Two months into the current budget, total general fund receipts
Source: news.moneycentral.msn.com
What does it all mean to the housing and mortgage refinancing mortgage markets, whose - San Francisco Gate
Believe it or not, the past eight days provided a dose of good news - at least in the short term, because mortgage rates are down. Long-term impact is harder to predict - and mortgage refinancing many experts say fallout from the turmoil could whipsaw housing and mortgage refinancing
Source: www.sfgate.com
Weak holiday sales expected - CNN Money
New York (CNNMoney.com) -- The struggling economy should hurt the holiday shopping season according to Deloitte & Touche. The New York company forecasted the 2008 shopping season will only see a 2.5% to 3% increase this year. Last year Deloitte
Source: money.cnn.com
PHH shares continue decline amid market turmoil - Forbes
Shares of PHH Corp. continued their decline Tuesday as the financial sector meltdown weighed on the mortgage originator. PHH shares slipped 24 cents to $13.93 in afternoon trading. Earlier in the session, the stock touched a 52-week low of $13.35
Source: www.forbes.com
Wholesale jitters take toll on HBOS - Financial Times
Concerns about HBOS s exposure to wholesale funding prompted a 22 per cent decline in its share price Tuesday, following an 18 per cent fall on Monday. Jitters in the wholesale market, intensified by the collapse of Lehman , have particularly
Source: www.ft.com
Fitch Upgrades 2 Classes of NationsLink Funding Corp. Series 1999-1 - Forbes
Fitch Ratings upgrades NationsLink Funding Corporation commercial mortgage pass-through certificates, series 1999-1 as follows: --$9.2 million class G to 'AAA' from 'AA-
Source: www.forbes.com
Mortgage refinancing wave seen silver lining to market woe - Reuters
NEW YORK (Reuters) - The wreckage from Wall Street's latest calamity could have an unexpected silver lining for the beleaguered U.S. housing market -- lower interest rates. The bankruptcy filing by Lehman Brothers Holdings Inc (LEH.N: Quote , Profile
Source: www.reuters.com
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| posted by @ Tuesday, September 16, 2008 |
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