Mortgage and Financial News From 2008-1-12 Page 5

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• How Russia's new super rich buy cool (Guardian Unlimited)

  Life & style: Abramovich's designer girlfriend Dasha Zhukova is fast imposing her style on the Western high street
  2008-01-12 04:11:41

• Is it the end for shopping fever? (Guardian Unlimited)

  Business & money: After a gloomy Christmas, retailers are pessimistic as debt-laden customers face reality
  2008-01-12 04:11:51

• Allocations amount to financing peace: Azad (Greater Kashmir)

  New Delhi, Jan 12: Jammu and Kashmir will have plan allocation of Rs. 4500 crore for the next fiscal (2008-09), that is Rs. 500 crore more than the current year. The plan will be fully funded and include a component of Rs. 993 crore of special plan assistance over and above the power reform grant.
  2008-01-12 07:13:55

• Real estate movers happier about 2008 (The Beaver County Times)

  The Times/SYLVESTER WASHINGTON Jr. Real estate agent Paula moyer shows Steve and Carol Bitcko through a home in Center Township on Thursday.
  2008-01-12 08:23:16

• Some Fear Economic Stimulus Is Already Too Late (NYTimes.com via Yahoo! Finance)

  The forces menacing the economy may be too entrenched to be swiftly dispatched by government intervention.
  2008-01-12 08:40:23

• UPDATE 1-Quebecor World receives C$400 mln rescue proposal

  Forbes - The Montreal-based firm has been seen by analysts and investors as teetering on the edge of insolvency after its lenders imposed a set of deadlines by which it must refinance its strained balance sheet. The banks told Quebecor World late last month it ...
  2008-01-11 03:16:00

• Beatle Ringo Starr back where he belongs

  Daily Telegraph - ... start for the festival, which launches without an artistic director and has been beset by political infighting and sackings. There is also a budget shortfall of £20 million and Liverpool City Council faces having to sell off land, refinance other ...
  2008-01-12 02:39:00

• A few deals too far for BC Partners?

  Guardian Unlimited - The ability to refinance deals has effectively disappeared,' he says. 'All deals made in the recent past are pretty certain to have fallen. There's a flight to quality. If you've got a well-diversified portfolio of good vintage and good size, you ...
  2008-01-12 03:22:00

• Cities right to study merger - Oakland Press

  Cities right to study mergerOakland Press, MI - 14 hours agoOakland County extended a very generous helping hand when it agreed to refinance the TIFA bonds. Pontiac should be bending over backwards to meet all of the ...
  2008-01-12 06:03:22

• Racially "targeting" predatory subprime loans? The NAACP suit - Point of Law

  Racially "targeting" predatory subprime loans? The NAACP suitPoint of Law, NY - 13 hours ago... I got several solicitations a week in the mail from fly-by-night mortgage brokers offering to refinance my mortgage with ludicrous financial products. ...
  2008-01-12 07:13:27

• Elected govt to face task of correcting economic mismanagement - The News - International

  Elected govt to face task of correcting economic mismanagementThe News - International, Pakistan - 5 hours ago... but then 70 per cent of the industrial credit in Pakistan is in the shape of export refinance that is at par with the interest rates in India and China. ...
  2008-01-12 03:31:02

• A few deals too far for BC Partners? - The Observer

  A few deals too far for BC Partners?The Observer, UK - 4 hours ago'The ability to refinance deals has effectively disappeared,' he says. 'All deals made in the recent past are pretty certain to have fallen. ...
  2008-01-12 04:02:51

• Mortgage Refinancing Loans – A Smart Move When The Timing Is Right - Best Syndication

  Mortgage Refinancing Loans – A Smart Move When The Timing Is RightBest Syndication, CA - 13 minutes agoMortgage refinance loans have seen a resurgence in recent weeks, with the Mortgage Banker's Association reporting a 53.9 percent rise just in the first week ...
  2008-01-12 08:18:59

• Losses in 2007's Final Session Cap Tumultuous Year (Washington Post)

  NEW YORK, Dec. 31 -- Wall Street ended a painful year with another steep loss Monday as investors glumly anticipated that 2008 would bring more of the uncertainty and turbulence of 2007.
  2008-01-12 02:38:27

• N.Y., Connecticut Probe Wall Street Loan Disclosures (Update2)

  Bloomberg - ... securities by overstating the ability of troubled borrowers to sell their property or refinance to ... which oversees almost 5,100 brokerages, sent letters to more than a dozen firms, seeking information on how they marketed collateralized mortgage ...
  2008-01-12 03:43:00

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