Mortgage and Financial News From 2007-12-2 Page 01

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  • Germany shows contradictions on climate change

    Straits Times - Mr Steinmeier, who plans to install a photovoltaic system on the roof of his own home, noted with pride that about 40 other countries have adopted Germany's renewable energy law that helps private households refinance renewable energy investments. ...
    2007-12-02 05:08:00
  • Tchenguiz gets 750 million pounds in funding

    Reuters UK - Merrill Lynch also agreed to refinance the repayment of a listed debenture worth around 100 million pounds that Consensus assumed responsibility for when it bought Peverel for around 500 million pounds in March, Tchenguiz said. He said the credit ...
    2007-12-02 02:59:00
  • Transpacific Industries confirms profit guidance

    News.com.au - It has secured a syndicated bank facility to refinance $2.35 billion of short term debt that was due to mature next month. "We hope the market accepts the funding certainty we have and acknowledges that we are well placed to continue our profitable ...
    2007-12-02 06:48:00
  • Not all the companies concerned have confirmed details of the issues ...

    Reuters UK - Sahaviriya Steel Industries PCL SSI.BK plans to sell up to $300 million to refinance debt and for working capital. 2008 -- Bangkok Dusit Medical Services BGH.BK plans to sell 5 billion baht of bonds to refinance debt. For details, click on [ID:nBKK151784
    2007-12-02 07:45:00
  • Binariang Plans Biggest Malaysian Bond Sale for Maxis (Update1)

    Bloomberg - The rest will be used to refinance Maxis's debt and boost working capital at the company. Investors have shunned all but the most creditworthy borrowers as the collapse of the market in securities linked to loans to U.S. homebuyers with ...
    2007-12-02 10:37:00
  • Transpacific Industries Group Announces Refinancing of $2.35bn Underwritten Syndicated Facility (TPI.AX, 00790711, ... (Aspect Huntley via Yahoo!7 Finance)

    Transpacific Industries Group announced that a number of banks have underwritten a syndicate facility to refinance $2.35bn of its existing short term debt finance facilities due to mature in December 2007. This follows the Company's recent announcements in relation to its successful: $315m underwritten convertible note placement; and $168m US Private placement. The drawdown from these three ...
    2007-12-02 02:10:00
  • Safford to refinance water loan (Eastern Arizona Courier)

    To take advantage of lower interest rates, the Safford City Council unanimously approved a resolution that allows the city’s finance director to refinance part of the city’s water and sewer revenue bond loans.
    2007-12-02 05:17:17
  • Realtor plays national role with a local perspective

    Providence Business News - ... one of 11 such liaisons across the country, she will act as a conduit of information ... being done in Washington to address problematic practices in subprime mortgage ... many who are hoping to escape from onerous adjustable-rate mortgages and refinance ...
    2007-12-02 08:57:00
  • Experts: Bailout not complete solution

    Miami Herald - The freezes would apply only for borrowers who are current on mortgage payments ... housing boom, many buyers were banking on the prospect that they could refinance ... The Miami Herald is pleased to provide this opportunity to share information ...
    2007-12-02 12:43:00
  • New mortgage deals aim to spur activity

    Daily Pilot - ... of mortgage loan application volume -- had increased by nearly 2% over the previous four weeks, although it noted that the increase was heavily weighted toward refinance over purchase activity. At the same time, according to DataQuick Information ...
    2007-12-01 03:57:00
  • BOJ chief says subprime mortgage crisis unlikely to seriously affect ...

    CNBC - TOKYO - Bank of Japan Governor Toshihiko Fukui said Monday that the subprime mortgage crisis is unlikely to seriously impact ... downturn in the U.S. economy could slow global growth, suggesting that the central bank is unlikely to raise interest rates ...
    2007-12-02 09:18:00
  • Investors await data on jobs, retailers

    BusinessWeek - Though current Treasury Secretary Henry Paulson has been meeting with mortgage industry officials and regulators about possibly keeping low introductory loan rates from resetting at much higher levels, signs point to a very shaky economy in 2008. For ...
    2007-12-02 08:57:00
  • Diary: Decision Time For Rates

    ABN Newswire - It wouldn't be surprising to see some major banks moving up variable mortgage rates by around 0.10% to 0.20% in the next week or so, once the RBA decision is known. In fact Adelaide Bank, now part of Bendigo Bank, will be boosting some of its rates ...
    2007-12-02 02:23:00
  • Housing market on the brink

    Daily Telegraph - Two-year fixed mortgage rates are currently around 1.5 percentage points higher than in October 2005, a rise of a third. Furthermore, the buy-to-let market is vulnerable. There is some, but not yet conclusive, anecdotal evidence of landlords selling up
    2007-12-02 05:22:00
  • Paulson Crafts Subprime Deal to Prevent Second Bush Recession

    Bloomberg - Democratic presidential candidate Hillary Clinton is expected to call for a 90-day moratorium on foreclosures and a five-year hold on adjustable mortgage rates, the Wall Street Journal reported, citing an interview with the New York Democrat ...
    2007-12-02 09:18:00