Mortgage and Financial News From 2007-10-23
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Virginia Financial Group, Inc. Announces Third Quarter 2007 Results ...
Forbes - Net Interest Income Net interest income amounted to $14.4 million for the third quarter ... Savings 84,505 100,462 -15.88% CD ... CONSOLIDATED AVERAGE BALANCES, YIELDS AND RATES THREE MONTHS ENDED SEPTEMBER 30 ...
2007-10-23 04:36:00 -
Dollar falls to all-time low in Europe
Houston Chronicle - Concerns about the health of the U.S. economy have put pressure on the dollar for months, but whether the Federal Reserve will cut interest rates again soon is considered by traders a tossup. "Clearly any further speculation that we'll see another ...
2007-10-22 04:26:00 -
Stocks Mixed in Early Trading
ABC News - The Fed lowered interest rates on Sept. 18 to make borrowing cheaper amid a growing credit market crisis, and Wall Street hopes policy makers reduce rates again when they meet next week. Fed Governor Randall Kroszner at a speech in Washington ...
2007-10-22 04:33:00 -
IMF official fears 'abrupt fall' of dollar
The Washington Times - A crisis in the risky U.S. subprime mortgage sector, where loans are given to home buyers with poor credit histories, erupted this year as borrowers defaulted on mortgages amid rising interest rates and a sharp slump in U.S. housing prices. The credit ...
2007-10-23 02:06:00 -
Capital Corp of the West Reports Third Quarter 2007 Financial Results (PR Newswire via Yahoo! Finance)
Capital Corp of the West today reported financial results for the quarter and nine months ended September 30, 2007.
2007-10-22 10:27:00 -
Virginia Financial Group, Inc. Announces Third Quarter 2007 Results and Merger Approval From Federal Reserve Board (PR Newswire via Yahoo! Finance)
Virginia Financial Group, Inc. announced today that the Federal Reserve Board has approved its merger application with FNB Corporation. Approvals from the State Corporation Commission and Stockholders of VFG and FNB are pending.
2007-10-23 04:32:00 -
Online lending grows (Fort Wayne Journal Gazette)
Anyone who has ever lent a chunk of money to a relative or friend knows it can be a murky proposition fraught with sticky questions and daunting problems.
2007-10-23 03:17:22 -
INDICATORS - Lebanon - Updated Oct 23 (Reuters via Yahoo! Singapore News)
BEIRUT, Oct 23 - Below is a table of the latest Lebanese economic statistics.
2007-10-23 12:45:19 -
Debenhams Has Second-Half Profit on Lower Debt Costs (Update1)
Bloomberg - Current trading is much improved, which adds credibility to the turnaround story ... The wettest British summer on record and rising interest rates affected purchases ... Next Plc to say the second half of the year will be tougher as rising mortgage ...
2007-10-23 01:37:00 -
First Security Group, Inc. Reports Third Quarter 2007 Earnings Per ...
MSN MoneyCentral - Approval of the plan took into account current economic and market conditions ... retail and commercial banking services, trust and investment management, mortgage ... Factors that might cause such a difference include changes in interest rates and ...
2007-10-23 02:06:00 -
Italian Consumer Sentiment Unchanged on Rising Prices (Update1)
Bloomberg - ... as rising credit costs triggered by the collapse of the U.S. subprime mortgage ... reflect the recent developments in the financial markets and in exchange rates ... Italian consumers indicated that they are less confident about their current ...
2007-10-23 01:16:00 -
London shares higher midmorning; housebuilders and banking stocks gain
Forbes - ... company earnings are generally being maintained and it looks like interest rates ... The reassuring news provided support for other mortgage banks, with Alliance ... And Debenhams gained 4-1/4 pence to 107-3/4 as positive news on current trading ...
2007-10-23 02:27:00 -
American Post Tension Hires Barney Stoll to Lead Commercial Business ...
Forbes - ... geographic markets, uncertainties concerning the availability of funds to complete acquisitions, changes in mortgage interest rates ... identified by the Company in its public securities filings; actual events may differ materially from current ...
2007-10-23 04:08:00 -
Autonomy Shares Fall After Net Disappoints Investors (Update2)
Bloomberg - ... said Roger Phillips, an analyst at Evolution Securities Ltd. in London, who rates ... said Autonomy is benefiting from litigation related to the U.S. subprime mortgage ... the business being floated,'' Lynch said. ``If the performance continues at current ...
2007-10-23 04:43:00 -
U.S. Notes Fall as Gains in Global Stocks Curb Demand for Debt
Bloomberg - ... stock markets advanced on easing concern losses linked to U.S. subprime mortgage ... Evans, who votes on interest rates this year, said policy makers have to monitor ... would see any increase in inflation or inflation expectations from their current ...
2007-10-23 04:08:00