Mortgage and Financial News From 2008-1-14 Page 17

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  • MarketWatch - Lunch 15/01/2008 - LIVENEWS.com.au

    MarketWatch - Lunch 15/01/2008LIVENEWS.com.au, Australia - 47 minutes agoSuncorp-Metway has announced that, in response to increased wholesale funding costs, it would raise the interest rate on its variable home loans by 0.15% ...
    2008-01-14 06:12:35

  • Centro hopes to extend refinance date - Sydney Morning Herald

    Centro hopes to extend refinance dateSydney Morning Herald, Australia - 21 minutes agoIt also said there had been "extensive" interest in its business from investors since announcing a strategic review of its operations. ...
    2008-01-14 06:38:35

  • Govt must not interfere with RBA: Nelson - Sydney Morning Herald

    Govt must not interfere with RBA: NelsonSydney Morning Herald, Australia - 10 minutes agoThe federal government must not start "fiddling" with the independence of the Reserve Bank of Australia (RBA) to stave off another damaging interest rate ...
    2008-01-14 06:50:05

  • Baltimore Finds Subprime Crisis Snags Women - New York Times

    Baltimore Finds Subprime Crisis Snags WomenNew York Times, United States - 7 minutes agoSubprime mortgages are high-cost loans, at least three points above the prime rate, made to borrowers with low income or credit scores. ...
    2008-01-14 06:52:15

  • Centro plummets as CEO resigns (Adelaide Now)

    CENTRO shares continued to dive today after the company announced chief executive Andrew Scott has resigned and that its debt may be higher than reported.
    2008-01-14 04:15:00

  • Australian FOREX Daily Outlook 15/01/2008 (Easy Forex Daily Outlook via Yahoo!7 Finance)

    Rebounding US stocks does little to quell 50 bps rate cut. XAU breaks the $900 mark.
    2008-01-14 04:30:00

  • Thai Central Bank May Keep Rate Unchanged as Inflation Quickens (Bloomberg.com)

    Jan. 15 (Bloomberg) -- Thailand's central bank may keep its benchmark interest rate unchanged as inflation accelerates and policy makers gauge the strength of a recovery in consumer spending after an election in December.
    2008-01-14 04:33:25

  • Inflation threatens new Australia PM's popularity (Reuters Finance News, Australia via Yahoo!7 Finance)

    CANBERRA, Jan 15 (Reuters) - Australia's Prime Minister Kevin Rudd on Tuesday was to meet central bankers to voice concern over mounting inflation and interest rates threatening to dent his popularity after November's crushing election win.
    2008-01-14 05:33:34

  • Thornburg Mortgage Raises $212 Million in Equity Offerings (Business Wire via Yahoo! Finance)

    SANTA FE, N.M.----Thornburg Mortgage, Inc. , announced today that it priced concurrent public offerings of 7,000,000 shares of common stock at $8.00 per share and 8,000,000 shares of its existing 10% Series F Cumulative Convertible Redeemable Preferred Stock at $19.50 per share.
    2008-01-14 05:45:00

  • Thornburg Mortgage Raises $212 Million in Equity Offerings (Finanzen.net)

    Thornburg Mortgage, Inc. (NYSE:TMA), announced today that it priced concurrent public offerings of 7,000,000 shares of common stock at $8.00 per share and 8,000,000 shares of its existing 10% Series F Cumulative Convertible Redeemable ...
    2008-01-14 05:53:59

  • Centro slumps as CEO resigns (Daily Telegraph)

    CENTRO'S securities continued to haemorrhage today after its CEO quit and the company said some debt on its books may be higher than previously reported.
    2008-01-14 06:30:00

  • Govt must not interfere with RBA: Nelson (The West Australian)

    The federal government must not start "fiddling" with the independence of the Reserve Bank of Australia (RBA) to stave off another damaging interest rate rise, the opposition says.
    2008-01-14 06:41:43

  • Centro hopes to extend refinance date (The West Australian)

    Securities in Centro Properties Group continued to haemorrhage after its chief executive resigned and the company said some debt on its books may be higher than previously reported.
    2008-01-14 06:42:17

  • Centro's Banks May Extend Refinancing Deadline, Review Reports

    Bloomberg - Banks imposed the deadline after the company said last month it is struggling to refinance A$3.9 billion ($3.5 billion) in debt because of the collapse of the U.S. subprime housing market. One unidentified banker told the newspaper there ...
    2008-01-14 12:42:00

  • Down Under Feels the Subprime Crisis, Too

    BusinessWeek - In mid-December, Centro, Australia's second-largest shopping center manager and owner, emerged from a four-day trading halt with news it was struggling to refinance its debts—$1.14 billion in long-term debt and $1 billion in joint-venture debt ...
    2008-01-14 01:04:00

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