Mortgage and Financial News From 2007-12-19 Page 17

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• RBC Royal Bank increases residential mortgage rates

  CNW Group - TORONTO, Dec. 19 /CNW/ - RBC Royal Bank announced today that it is increasing its residential mortgage rates effective December 20, 2007. < The changes are as follows: Six-month open 8.90 per cent (up 0.25 per cent) Six-month convertible 7.10 per ...
  2007-12-19 11:04:00

• Fitch Rates Protective Finance Corporation REMIC Commercial Mortgage P ...

  Forbes - All classes are privately placed pursuant to rule 144A of the Securities Act of 1933. The certificates represent beneficial ownership interest in the trust, primary assets of which are 199 fixed or floating rate loans having an aggregate principal ...
  2007-12-19 10:35:00

• FSA proposes tougher reporting for banks and building societies

  Guardian Unlimited - Mortgage rates could rise and the housing market slow down if high street banks are forced to hold more liquid assets in an attempt to avert a re-run of the Northern Rock debacle, the Financial Services Authority warned. The City regulator made the ...
  2007-12-19 09:31:00

• UPDATE 2-US mortgage applications fell last week-MBA

  Reuters - NEW YORK, Dec 19 (Reuters) - Applications for U.S. home mortgages tumbled last week as short-term interest rates soared and refinancing requests fell back to November levels, an industry group said on Wednesday. The Mortgage Bankers Association said ...
  2007-12-19 11:18:00

• U.S. mortgage rates declined on Wednesday-BestInfo

  Reuters - NEW YORK, Dec 19 (Reuters) - The average rate on a 30-year U.S. mortgage with no upfront points declined 1/8 percentage point on Wednesday to 6-1/8 percent, according to BestInfo Inc. The 30-year mortgage rate with one upfront point dropped 1/8 ...
  2007-12-19 11:11:00

• Fitch Rates Protective Finance Corporation REMIC Commercial Mortgage P-T Ctfs, Series 2007-PL (Business Wire via Yahoo! Finance)

  NEW YORK----Fitch Ratings has assigned the following ratings to Protective Finance Corporation REMIC Commercial Mortgage Pass-Through Certificates, series 2007-PL:
  2007-12-19 10:38:00

• Mortgage Applications Fall Nearly 20 Percent (Nasdaq)

  (RTTNews) - Mortgage applications, a key indicator of lending conditions, slumped nearly 20 percent last week on the heels of soaring short-term interest rates.
  2007-12-19 11:59:52

• U.S. MBA's Mortgage Applications Index Fell 20% Last Week (Bloomberg.com)

  Dec. 19 (Bloomberg) -- Mortgage applications in the U.S. fell last week by the most since 2004 as a jump in interest rates caused purchases and refinancing to decline, a private survey showed.
  2007-12-19 04:28:03

• Savage vs. CAIR: The battle over free speech

  San Francisco Gate - Savage vs. CAIR: The battle over free speech Cinnamon Stillwell Conservative talk radio ... Half Moon Bay grapples with $36.8 million judgment against it MORTGAGE MELTDOWN / Interest rate 'freeze' - the real story is fraud... Woman Accused of Groping ...
  2007-12-19 06:18:00

• Steve Chapman: Uncovering the real subprime mortgage fraud

  Pasadena Star-News - NOTHING is more fun than doing noble deeds with someone else's money, and right now, Democrats are getting ready for a rollicking good time. Contemplating the subprime mortgage problem, with numerous borrowers unable to pay their debts, the party's ...
  2007-12-17 03:53:00

• Fire Burns on White House Grounds

  San Francisco Gate - 12-19) 06:59 PST WASHINGTON, (AP) -- Thick black smoke billowed from a fire Wednesday ... Half Moon Bay grapples with $36.8 million judgment against it MORTGAGE MELTDOWN / Interest rate 'freeze' - the real story is fraud... Woman Accused of Groping ...
  2007-12-19 06:54:00

• Toyota to Develop Cars for Seniors

  San Francisco Gate - 12-19) 06:50 PST TOKYO, Japan (AP) -- For those feeling nervous behind the wheel as old ... Moon Bay grapples with $36.8 million judgment against it Woman Accused of Groping Mall Santa MORTGAGE MELTDOWN / Interest rate 'freeze' - the real story is fraud ...
  2007-12-19 08:55:00

• US Fed proposes new mortgage rules

  Taipei Times - Fed chairman Ben Bernanke said the central bank was moving to clean up mortgage lending while also aiming to protect unwary home buyers from potential fraud. "Unfair and deceptive acts and practices hurt not just borrowers and their families, but ...
  2007-12-19 10:50:00

• Analysis: Dems Lose Key Policy Debates

  San Francisco Gate - Analysis: Dems Lose Key Policy Debates By ANNE FLAHERTY, Associated Press Writer (12-19) 08 ... of Groping Mall Santa As upscale home complexes add great chefs, more buyers are biting MORTGAGE MELTDOWN / Interest rate 'freeze' - the real story is fraud... PG ...
  2007-12-19 08:48:00

• S&P Downgrades $7 Billion of Alt-A Mortgage Bonds (Update1)

  Bloomberg - The downgrades reflect how loosened lending standards across the mortgage market and borrower fraud are mixing with the first nationwide declines in home prices since the Great Depression to sour a wider range of home loans, not just subprime ...
  2007-12-19 07:51:00

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