Mortgage and Financial News From 2007-10-13 Page 13
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Lone Star closes Accredited Home acquisition (CNN Money)
Private equity firm acquires mortgage lender for $11.75 a share, down from its initial offer to buy the company for $15.10 a share.
2007-10-12 07:52:37 -
Lone Star buys subprime lender (bizjournals.com via Yahoo! Finance)
Lone Star Funds said Friday one of its subsidiaries has completed the acquisition of Accredited Home Lenders Holding Co., a San Diego sub-prime mortgage lender.
2007-10-12 12:46:51 -
Top News Stories
Edmonton Journal - RBC predicted that moderating commodity prices and expectations of higher interest rates together will depress the Canadian dollar to 93 cents US by the end of 2008. The report forecasts that Alberta, in 2008, will have retail sales growth of 9.8 per ...
2007-10-12 09:14:00 -
I love my wife dearly but she has no interest in sex
Globe and Mail - ... are turned ... how many relationships are there where the Man has NO aparent interest ... CD W from Canada writes: Now you know why the divorce act is crafted the way ... That outdated 50/50 belief is partly responsible for the high divorce rates ...
2007-10-10 05:59:00 -
Buba's Weber seesing signs of normalisation in credit markets but ...
FXStreet.com - At the same time we made it very clear, that a change of interest rates is the wrong instrument to apply in the case of a liquidity crunch," he said. judith.csaba@thomson.com jha/jcs/lam COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights ...
2007-10-12 09:43:00 -
Finally, General Motors' car sales jump in India
Pravda - In the past six months, the U.S. automaker sold nearly 2 1/2 times the number of cars it sold in India in the same period last year, even as overall demand for new cars were hit by a sharp rise in interest rates. The numbers underscore GM's growing ...
2007-10-12 11:52:00 -
Dollar gets lift from upbeat U.S. sales data
Marketwatch - Friday's inflation data suggest the Fed has the leeway to cut interest rates further at its next meeting on Oct. 30-31. Further cuts would weigh on the dollar, as lower interest rates erode the value of dollar-denominated assets.
2007-10-12 10:04:00 -
Philippine shares plunge 2.5 percent
Boston Globe - It hit a record high 3,873.50 Monday to cap a six-day, 8.4 percent run following a cut in domestic interest rates and strong gains on Wall Street. Losers beat gainers 85 to 41, with 42 issues unchanged. Leading the retreat, Philippine Long Distance ...
2007-10-08 05:54:00 -
Assembly speaker lives with fundraiser in L.A. penthouse
San Diego Union-Tribune - The monthly mortgage on the Nunez property is about $6,100, when last year's interest rates are factored in. Nunez expressed dismay that his lifestyle and living costs have been portrayed in the media as opulent and excessive. The remarks were his ...
2007-10-10 05:59:00 -
The GDP Equation
FXStreet.com - Theyhave CDs denominated in the currencies of 15 different countries at alldifferent rates. You get no interest on a CD in Japanese yen and 11.63% in the IcelandicKrona. They also have 8 different groupings of currencies featuring variousthemes, like ...
2007-10-12 11:19:00 -
Ben, beef and Buddha
Asia Times - Ben Bernanke's decision to cut interest rates in September will probably be used as the leading example in the "what not to do" classes for central bankers in decades to come. Besides focusing too much on a single piece of data - the August headline ...
2007-10-12 07:58:00 -
Village Music Foundation: Making music and a difference in south county (Newport News-Times)
David and Stephanie Bridson left the Los Angeles area seven years ago in search of a new lifestyle and peaceful existence, which they found in Oregon's lush south Lincoln County.
2007-10-12 12:15:02 -
Madonna To Dump Record Industry (Arts Journal)
In another sign of th disintegration of the traditional recording industry, "Madonna is widely expected to leave her longtime record label and sign a $120m (£59m) recording and touring contract with concert promoter Live Nation."
2007-10-12 11:21:54 -
Look For Best Parking Places For Cash (Investor's Business Daily via Yahoo! News)
Cash is where you stash your dough right before putting it to work in stocks or mutual funds. That's during a growing market.
2007-10-12 04:00:00 -
Mortgage Loan Resource Center on The Million Dollar Wiki
PR Inside - Mortgage Interest Rates, Buying a Home, Refinancing your Current Mortgage, First Time Home Buyer's, Mortgage Calculators, Credit Center, Real Estate Appraisals, Tips for Avoiding Foreclosure, and Current Mortgage News from the Blogosphere, along with ...
2007-10-10 05:59:00