Posts Tagged ‘says’
Korean Builders to Rebound on Easing Mortgage Rules, Tax Breaks, BNP Says
August 31st, 2010Korean Builders to Rebound on Easing Mortgage Rules, Tax Breaks, BNP Says South Korea’s construction stocks, the second-worst performing group on the benchmark Kospi Index this year, will rebound after the government eased mortgage rules and extended tax breaks, according to BNP Paribas. Read more on Bloomberg
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District Latinos face challenges in employment and housing, study says
August 7th, 2010District Latinos face challenges in employment and housing, study says The recession has been particularly harsh for many of the District’s Latino residents, who are heavily represented in some of the lowest-paying jobs and have clustered in neighborhoods where rents and condominium conversions soared during the decade, according to an Urban Institute study. United States [...]
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Mortgage lending hits six-month high, says CML
July 24th, 2010Mortgage lending hits six-month high, says CML Mortgage lending bounced back to a six-month high during June as the market enjoyed its traditional season boost, figures from the Council of Mortgage Lenders show. Read more on Daily Telegraph
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Ginnie Mae Mortgage-Bond Dealers Violated `TBA’ Contract Rules, Group Says
July 17th, 2010Ginnie Mae Mortgage-Bond Dealers Violated `TBA’ Contract Rules, Group Says The Securities Industry and Financial Markets Association said certain dealers of Ginnie Mae mortgage bonds failed to conform to the trade group ’s guidelines, amid concern that some dealers may have been recently using inappropriate tactics to profit in the market. Read more on Bloomberg
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Flow of home loans will shrink again, says Bank
July 4th, 2010Flow of home loans will shrink again, says Bank In a further blow to hopes that housing prices may yet avoid a “double dip”, the Bank of England has said that the supply of mortgage funding over the next three months is expected to shrink, the first such decline since the end of 2008. More [...]
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BlackRock’s Fink Says U.S. Stocks to Rise as Companies Thrive
June 3rd, 2010BlackRock’s Fink Says U.S. Stocks to Rise as Companies Thrive BlackRock Inc.’s Laurence D. Fink, who leads the world’s biggest asset-management firm, said the stock market is poised to rally because U.S. companies have built cash reserves and manufacturers are returning to health. Read more on BusinessWeek
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Hartford Sells Mortgage Assets as Market Advances, McGee Says
May 14th, 2010Hartford Sells Mortgage Assets as Market Advances, McGee Says May 10 (Bloomberg) — Hartford Financial Services Group Inc. , the insurer that repaid a $3.4 billion U.S. bailout in March, is “opportunistically” selling some commercial mortgage assets as the market improves, said Chief Executive Officer Liam McGee . Read more on Bloomberg
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Housing bubble to burst? History says ‘yes’
April 30th, 2010Housing bubble to burst? History says ‘yes’ Australia’s housing bubble would defy worldwide trends and all historical evidence if it did not burst, a US investment fund has said. Read more on Brisbane Times
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As mortgage rates rise, expert says it’s still good time to buy home
April 9th, 2010As mortgage rates rise, expert says it’s still good time to buy home Home mortgage rates slid to a record low of 4.71 percent in December. They now have bounced back solidly above 5 percent, to the highest level since last August, the Federal Home Loan Mortgage Corp. said Thursday. Read more on Columbus Ledger-Enquirer
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