Mortgage and Financial News From 2008-4-25 Page 6
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E*TRADE FINANCIAL Announces Executive Changes (wallstreet:online AG)
E*TRADE FINANCIAL Corporation (4483;NASDAQ:ETFC) today announced the departures of two executive officers.
2008-04-25 02:49:39 -
Real Estate Live (Washington Post)
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty.
2008-04-25 02:49:47 -
Countrywide CEO got $22.1 million in 2007 compensation (San Jose Mercury News)
LOS ANGELES - Countrywide Financial CEO Angelo Mozilo received a compensation package last year valued at more than $22.
2008-04-25 02:50:36 -
Bush says rebates going out Monday will boost economy (IWon - Money)
WASHINGTON (AP) — President Bush said tax rebates will start going out Monday, earlier than previously announced, and should help Americans cope with rising gasoline and food prices, as well as aid a slumping economy.
2008-04-25 02:50:55 -
Stage set for realty mutual funds (The Telegraph)
Mumbai, April 25 : The Securities and Exchange Board of India (Sebi) today cleared the way for asset management companies to launch real estate mutual funds (REMFS).
2008-04-25 02:53:15 -
Mortgage demand at '08 low with 30-year rates above 6% - USA Today
The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended April 18 fell 14.2% to 637.6.
2008-04-23 08:30:00 -
Hospital aims to refinance its debt - Colorado Springs Gazette
Memorial Health System officials hope to avoid sharply higher interest payments by refinancing more than one-third of the hospital system's debt. Memorial's board of trustees on Wednesday agreed to seek City Council approval to refinance $103 million ...
2008-04-23 11:11:00 -
Compounding debts hit battlers - News.com.au
MORE than 181,000 Queenslanders will be struggling to pay their mortgages by September, new research predicts. Fujitsu Consulting analysis indicates 181,000 Queenslanders will be suffering "mortgage stress" by September, up from 123,806 households in ...
2008-04-25 06:19:00 -
Calamos to refinance $939 million of ARPs - Reuters
NEW YORK, April 23 (Reuters) - Calamos Investments said on Wednesday it intends to refinance $939 million of the outstanding auction rate preferred securities (ARPs) issued by two of its closed-end funds. The funds are the Calamos Global Total Return ...
2008-04-22 05:57:00 -
Carlyle May Pay $525 Million for Stake in NYC Tower (Update3) - Bloomberg
April 25 (Bloomberg) -- Carlyle Group, the world's second- largest private-equity firm, is poised to buy a stake in the retail portion of 666 Fifth Ave. in New York for $525 million in a transaction that would help the building's owner Jared Kushner ...
2008-04-25 09:47:00 -
A Family's Tale of Escaping Foreclosure - NPR News
Last summer, the Boston-based family started getting foreclosure notices. When Jose and Diana Pomales bought their modest ranch house in the city's Hyde Park neighborhood eight years ago, they could afford it. But along the way, they'd refinanced ...
2008-04-25 01:00:00 -
Vonage plans to refinance convertible debt of $253 million - MSN MoneyCentral
HOLMDEL, N.J. (AP) - Internet phone company Vonage Holdings Corp. said Friday it signed a nonbinding letter of intent with a third party to provide $215 million in private debt financing. Vonage expects about two-thirds of the financing to be ...
2008-04-25 07:23:00 -
Nuveen faces $15-bil. liquidity crisis in auction-rate products (Crain's Chicago Business)
Nuveen Investments Inc. is working to liquefy $15 billion of preferred auction-rate securities issued by 100 of its closed-end funds. The market for the preferred securities, which were sold to individual investors as a higher-yielding alternative to money market funds, has been frozen for ...
2008-04-25 10:36:19 -
Allison Hope Weiner: Pellicano Trial: A Possible Mistrial As Jury Sent Home (HuffingtonPost)
Mr. Hummel made a formal motion for a mistrial on Mr. Arenson's behalf and then said "it is the only remedy."
2008-04-25 11:21:44 -
Sage Credit Company Sees Great Opportunity in the Reverse Mortgage Market (InfoBolsa)
23/04/2008 18:08:00 Business Wire Sage Credit Company (www.sagecreditcompany.com) sees tremendous opportunity in the reverse mortgage sector in the coming years.
2008-04-25 12:51:27