Mortgage and Financial News From 2008-4-29 Page 10
Previous Day: 2008-04-28
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12
-
UPDATE 3-Friends Q1 sales beat market expectations - Reuters
LONDON, April 29 (Reuters) - Friends Provident (FP.L: Quote , Profile , Research ), which rejected a takeover approach from U.S. buyout group J.C. Flowers this month, posted an 11 percent rise in first-quarter premiums on Tuesday, due to higher sales ...
2008-04-29 02:04:00 -
TABLE-BoCom Q1 net profit doubles - Reuters
Company name Bank of Communications Co. Ltd. NOTE - Bank of Communications (3328.HK: Quote , Profile , Research ) (601328.SS: Quote , Profile , Research ) is involved in corporate and retail banking and treasury operations. The calculation of share ...
2008-04-29 01:57:00 -
Cullen goes from GM to help Rock Enterprises - Detroit Free Press
Matt Cullen, the man who engineered General Motors Corp.'s headquarters move to the Renaissance Center in 1996 and hatched the massive plan to overhaul Detroit's riverfront, is leaving GM to join entrepreneur Dan Gilbert and be president and chief ...
2008-04-29 03:08:00 -
HBOS plans 4 billion pound rights issue - Boston Globe
LONDON— HBOS PLC became the latest financial-services firm to seek new capital after losses from the U.S. subprime crisis, saying Tuesday it plans to ask investors for 4 billion pound (US$7.95 billion; euro5.1 billion) by issuing new shares. The ...
2008-04-29 03:30:00 -
HBOS Plans to Raise 4 Billion Pounds in Share Sale (Update5) - Bloomberg
April 29 (Bloomberg) -- HBOS Plc , the U.K.'s biggest mortgage lender, will sell 4 billion pounds ($8 billion) of shares to bolster capital depleted by asset writedowns and a deteriorating housing market. Chief Executive Officer Andy Hornby said ...
2008-04-29 03:15:00 -
Abbey wins UK mortgage share from rivals - Daily Telegraph
Abbey, the mortgage bank now owned by Spanish bank Santander, boosted its share of the UK's mortgage market by 10pc in the first quarter, taking advantage of smaller lenders that have fallen victim to the credit crunch. Britain's second largest ...
2008-04-29 02:47:00 -
ComplianceAnalyzer PLUS Offers Monetary Protection to Help Restore ... - Forbes
ComplianceEase(R), the nation's leading provider of automated compliance solutions for the residential mortgage industry, today announced at the Mortgage Bankers Association's Legal Issues and Regulatory Compliance Conference that ComplianceAnalyzer ...
2008-04-29 03:58:00 -
WRAPUP 1-HBOS, Deutsche write down more as banks bleed - Reuters
LONDON/FRANKFURT, April 29 (Reuters) - Britain's biggest mortgage lender begged for new funding on Tuesday and Germany's top bank suffered its first quarterly loss in years as the credit crunch sapped financial industry strength. UK-based HBOS (HBOS ...
2008-04-29 02:40:00 -
Fitch Sees 88% Refinancing Rate for U.S. Floating-Rate CMBS - Forbes
Floating-rate U.S. CMBS have or should be able to refinance 88% of the time, according to Fitch Ratings, which recently reviewed the maturity profile in its rated floating-rate large loan transactions. Fitch currently rates a total of 34 floating ...
2008-04-28 06:58:00 -
Broker accused of stealing mortgage payments - Philadelphia Inquirer
A Delaware County couple had to put their wedding on hold after losing two properties at the hands of a disbarred lawyer turned mortgage broker, authorities said. Joseph James Scafidi, 53, of Warminster, a former Bucks County prosecutor and convicted ...
2008-04-28 11:55:00 -
Tata Power says refinances $850 mln loan - Reuters India
MUMBAI (Reuters) - Indian utility Tata Power Co Ltd said on Tuesday it had refinanced nearly 90 percent of a $950 million bridge loan it had taken for acquiring 30 percent stakes in two Indonesian coal mines in 2007. It did not disclose the interest ...
2008-04-29 01:06:00 -
BASIS POINT-Healthscope seeks A$850 mln loan refinancing - Reuters
MELBOURNE, April 29 (Reuters Basis Point) - Australian healthcare company Healthscope Ltd (HSP.AX: Quote , Profile , Research ) will next week launch to general syndication an A$850 million ($794 million) multi-tranche loan, sources said. The new ...
2008-04-29 12:38:00 -
SE Asian Stocks-Indonesia banks gain on strong results - Reuters
SINGAPORE, April 29 (Reuters) - Indonesian stocks outperformed other Southeast markets on Tuesday as strong earnings boosted banks such as PT Bank Mandiri Tbk BMRI.JK but Singapore closed lower as investors sold China-linked shares such as Cosco Corp ...
2008-04-29 03:15:00 -
BW Offshore gets $1.5 billion refinancing, to help fund fleet ... - CNBC
OSLO (Thomson Financial) - Norwegian oil services company BW Offshore Ltd said it has accepted a $1.5 billion refinancing offer. BW Offshore said it received an unconditional committed offer from BW Group Limited, its majority-shareholder, for a five ...
2008-04-29 02:11:00 -
U.S. Foreclosure Filings Double in First Quarter, Led by Nevada - Bloomberg
April 29 (Bloomberg) -- U.S. foreclosure filings more than doubled in the first quarter as payments rose for subprime adjustable mortgages and falling home prices left property owners unable to sell or refinance without losing money. Almost 650,000 ...
2008-04-29 02:11:00