Mortgage and Financial News From 2008-2-12 Page 46

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• Homeowner rescue plan announced

  Chicago Sun-Times - Home | Metro | News | Commentary | Sports | Business | Entertainment | Classifieds | ... will contact homeowners who are 90 or more days overdue on their monthly mortgage ... monthly payments as those mortgages reset after being at lower introductory rates ...
  2008-02-12 09:16:00

• AIG Credit-Default Swap Losses Won't Be `Material' (Update3)

  Bloomberg - The company, based in New York, has said it doesn't expect to sell mortgage- related ... He rates the company ``outperform.'' AIG advanced $1.45, or 3.2 ... Paulson, Lenders Forge Deal to Freeze U.S. Home Foreclosures for 30 Days
  2008-02-12 09:59:00

• New Way To Track Sex Offenders Planned (KSBW Salinas)

  Monterey County sheriff Mike Kanalakis says he plans to roll out a new online service that will allow residents to track sex offenders living in their neighborhoods.
  2008-02-12 12:03:10

• Buffett To The Rescue!

  Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... unveiled a second, slightly broader mortgage rescue plan Tuesday, this one extending ... already participating in an earlier, administration-led program to freeze rates ...
  2008-02-12 10:13:00

• Fitch Affirms GMAC Commercial Mortgage Securities Series 1997-C1 (wallstreet:online AG)

  Fitch Ratings has affirmed GMAC Commercial Mortgage Securities, Inc.´s mortgage pass-through
  2008-02-12 12:05:06

• Centro Studi Europa dell’Est - notiziario del 12.02.2008 - powered by www.seenews.com (Girodivite)

  Notizie in tempo reale dall’Europa balcanica Tuesday 12 February 2008, by Emanuele G. - 0 letture INTERVIEW - Bosnian Pastry Producer Mira Plans to Re-enter Arab Markets Feb 12, 2008, 15:23 CET | Interview | SeeNews PRIJEDOR (Bosnia and Herzegovina), February 12 (SeeNews) - Bosnia’s largest pastry producer, Mira, majority owned by Croatia’s Kras, plans to resume its exports to Arab countries ...
  2008-02-12 12:05:54

• Buffett Bids for MBIA, Ambac Municipal Bond Contracts (Update6)

  Bloomberg - MBIA and Ambac dropped on concern Buffett's proposal would leave them with mortgage ... disaster in U.S. history, he sold property coverage along the Gulf Coast at rates ... Paulson, Lenders Forge Deal to Freeze U.S. Home Foreclosures for 30 Days
  2008-02-12 11:32:00

• Fitch Affirms GMAC Commercial Mortgage Securities Series 1997-C1 (Centre Daily Times)

  Fitch Ratings has affirmed GMAC Commercial Mortgage Securities, Inc.'s mortgage pass-through certificates, series 1997-C1, as follows:
  2008-02-12 12:10:19

• Fitch Downgrades 3 Classes of FU-BofA Commercial Mortgage Trust 2001-C1 (Centre Daily Times)

  Fitch Ratings downgrades First Union National Bank - Bank of America (FU-BofA) commercial mortgage trust pass-through certificates, series 2001-C1 as follows:
  2008-02-12 12:10:29

• GM Reports Preliminary 2007 Financial Results (The Auto Channel)

  - 2007 adjusted net loss of $23 million, reported net loss of $38.7 billion - 2007 adjusted automotive operating pre-tax income improved by almost $900 million - Strong emerging market performance helps drive record automotive revenue of $178 billion - Adjusted automotive operating cash flow improvement of $2 billion - Continued improvement in automotive earnings expected for ...
  2008-02-12 12:10:49

• UPDATE 2-US banks to pause delinquent mortgage foreclosures

  Forbes - The effort would cover all types of home loans, including home equity loans and second liens, unlike an earlier plan aimed at freezing interest rates for subprime mortgage holders who cannot afford payments that reset to higher levels. The plan is ...
  2008-02-12 11:25:00

• International Shark Attack File reports 1 fatal attack in 2007 (WJXT Jacksonville)

  GAINESVILLE, Fla. -- A swimmer vacationing in the South Pacific was the only victim of a fatal shark attack in 2007, while the number of shack attacks for the year was up, the University of Florida said Tuesday.
  2008-02-12 12:16:38

• Answer to our problems is us - Scripps News

  Answer to our problems is usScripps News, DC - 1 hour agoCongress is in fact looking at legislation to keep credit card rates down, but more important at the moment are the interest rate cuts by the Federal ...
  2008-02-12 11:05:46

• Shorter lifespan for Tri-Town urged - Weymouth News

  Shorter lifespan for Tri-Town urgedWeymouth News,  USA - 1 hour ago“It would be like talking out a mortgage that has a shorter payback term. We have to extend the life out on the bonds.” Fancher said that payments on the ...
  2008-02-12 11:07:33

• Major lenders put freeze on foreclosures - CNNMoney.com

  Major lenders put freeze on foreclosuresCNNMoney.com - 1 hour ago"This program is not only available to subprime borrowers but to people with any kind of home mortgage." Project Lifeline was put together with the backing ...
  2008-02-12 11:14:06

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