Mortgage and Financial News From 2008-2-20 Page 9

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  • Scooter-Bound Woman Fights Off Attacker (CBS 5 Phoenix)

    A 74-year-old woman had just gotten out of her car when a man crept up from behind and tried grabbing her purse, police say. 4:21 p.m.
    2008-02-20 03:34:05
  • RAM Energy Resources Retires Senior Notes

    Raleigh News & Observer - Assuming the continued availability of current rates as a basis for calculating interest charges on the amount currently outstanding under RAM's credit facility, including the recent advance to retire the 11.5% Senior Notes, RAM anticipates an ...
    2008-02-20 01:46:00
  • Wanderport Corporation Garners Significant Interest from Major ...

    Forbes - WDRP) today announced that it has received significant interest from a major ... following the launch of its new software suite version 2.0, several of its current ... GPRS, 3G and 4G are supported at data rates between 33Kbps and 1.8Mbps. Data ...
    2008-02-20 05:53:00
  • Seniors want more funding

    Baltimore Sun - ... the county's projected end-of-year surplus, now estimated at $13.7 million, and the government's Spending Affordability Committee has warned that at current levels of spending, revenues might not match expenses for fiscal 2009. Lower interest rates ...
    2008-02-20 07:55:00
  • German steel sector pay deal sets tone for 2008

    Guardian Unlimited - If we see a round of wage increases at this level, then the ECB may well feel moved to counter them quickly and raise interest rates," he said. "And that would be anything but helpful in the current economic environment."
    2008-02-20 08:59:00
  • A.M. Best Assigns Rating to Zale Indemnity Company

    Forbes - ZIC remains exposed to potential adverse economic conditions as its business is subject to the effects of recession and high interest rates on consumer borrowing and spending. For current Best's Ratings and independent data on the captive and ...
    2008-02-20 07:12:00
  • Dollar up on inflation data; Fed minutes in focus

    Reuters - ... underlying U.S. inflation accelerated in January, cooling expectations of steep interest rate cuts by the Federal Reserve next month. The Fed is still expected to cut benchmark overnight U.S. rates by at least half a percentage point from the current ...
    2008-02-20 09:28:00
  • DESPERATE MEASURES

    Der Spiegel - The current Fed chief, Ben Bernanke, is now trying to solve this problem with renewed rate cuts. Greenspan lowered interest rates 11 times in 2001 -- from 6.5 percent to finally just 1.75 percent. The following year, rates even fell to 1 percent (see ...
    2008-02-20 10:47:00
  • Dollar gains as U.S. inflation rises

    Reuters - ... rose in January, casting doubts on expectations the Federal Reserve will cut interest rates aggressively at their next policy meeting. The Fed is expected to slash benchmark overnight U.S. rates by another half percentage point from the current 3.0 ...
    2008-02-20 10:25:00
  • BankFinancial Corporation Reports Financial Results for the Fourth ...

    MSN MoneyCentral - We expect that Title Insurance and Wealth Management will not contribute as strongly to earnings in 2008 as in 2007 based on our current expectations concerning interest rates and our anticipated residential mortgage lending activity. Non-interest ...
    2008-02-20 01:17:00
  • Fitch Rates Metro Sewerage Dist (Buncombe County, North Carolina) $95 ...

    Forbes - Additional credit strengths include the district's below average rates and ... facilities are reportedly in good condition and all required permits are current ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-02-20 09:49:00
  • Fitch Rates Colorado Regional Transportation District's $41MM Sales ...

    Forbes - Fitch Rates Colorado Regional Transportation District's $41MM Sales Tax Revs 'AA' ... The 'AA' rating for the current offering and outstanding parity debt reflects very ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-02-20 09:57:00
  • Fitch Rates Municipal Electric Auth of Georgia's $246.7MM Taxable ...

    Forbes - Due to the relative price stability of these fuels, MEAG's wholesale rates have ... Fitch believes MEAG's amortization schedule, along with its current cash reserves ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-02-20 10:11:00
  • Low interest rates simplify choices for bond fans

    Globe and Mail - That's because now, more than ever, returns on bond funds are razor-thin, because of ever-lower interest rates, and the spread ... He expects the bank of Canada to cut its current 4-per-cent target for overnight loans between banks by another ...
    2008-02-20 12:27:00
  • MPC was unanimous in support of immediate interest rate cut

    Times Online - David Kern, economic adviser to the British Chambers of Commerce, said: “Given the current balance of risks in the economy, we urge the MPC to cut interest rates to 5 per cent at the March meeting.” The MPC may be heartened by new figures showing ...
    2008-02-20 01:03:00