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Tuesday, August 14, 2007

Countrywide says mortgage loans rose in July

European stocks fell, led by financial-services companies after UBS AG said profit growth may slow and bank shares declined in the U.S. and Asia.
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OPEC ups estimate for oil demand growth


OPEC has slightly increased its estimate for world oil demand growth in 2007 despite current economic turmoil, the powerful cartel said in a report Tuesday.
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US stock futures pare gains after Wal-Mart cuts view


Business US stock futures pare gains after Wal-Mart cuts view Reuters NEW YORK - Stock index futures pared gains on Tuesday after Wal-Mart Stores Inc., the world's biggest retailer, forecast full-year profit ...more



Countrywide says mortgage loans rose in July


Countrywide Financial Corp , the largest U.S. mortgage lender, on Tuesday said July mortgage loan fundings rose from a year earlier.
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Fallout in Australia from U.S. mortgage losses


SYDNEY: The global fallout from the collapse of the U.S. market for risky mortgages deepened Monday, with two Australian lenders warning investors and consumers of troubles in their businesses.

Countrywide says mortgage loans rose in July


Countrywide Financial Corp , the largest U.S. mortgage lender, on Tuesday said July mortgage loan fundings rose from a year earlier.
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