Posts Tagged ‘First’

Invesco PowerShares Lists Industry’s First ETF Portfolio of Closed-End Funds on the NYSE Arca

Invesco PowerShares Lists Industry’s First ETF Portfolio of Closed-End Funds on the NYSE Arca
CHICAGO, IL–(Marketwire – February 19, 2010) – Invesco PowerShares, a leading provider of exchange-traded funds (ETFs), announced the PowerShares CEF Income Composite Portfolio began trading today on the NYSE Arca under the ticker symbol PCEF. The PowerShares CEF Income Composite Portfolio is the first ETF designed to provide investors access to a portfolio of closed-end funds. The fund, which …

Read more on Marketwire

First Pacific Advisors Buys Aon, Vodafone Group Plc, Pfizer Inc, Sells The Brink’s Company, …

First Pacific Advisors Buys Aon, Vodafone Group Plc, Pfizer Inc, Sells The Brink’s Company, …
First Pacific Advisors runs a family of funds which has been very successful. FPA is led by CEO Robert Rodriguez. This is the Q4 portfolio update of First Pacific Advisors. Read more » »

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Geithner Marks First Anniversary Of Financial Stability Plan

Geithner Marks First Anniversary Of Financial Stability Plan
(RTTNews) – Treasury Secretary Timothy Geithner marked the first anniversary of the Obama administration’s financial stability plan on Wednesday, noting that the financial system is healing but is still damaged.

Read more on INO News

First home buyers brace for tougher year

First home buyers brace for tougher year
First home buyers will find it harder to get a start in the residential property market this year as supply dwindles and interest rates bite, analysts say.

Read more on Brisbane Times

‘First Look’ gives buyers foreclosure edge

‘First Look’ gives buyers foreclosure edge
Fannie Mae’s “First Look” program helps owner-occupants looking for a deal on a foreclosure.

Read more on Bankrate.com via Yahoo! Finance

Euro below $1.40 for first time in six months

Euro below $1.40 for first time in six months
The euro broke below $1.40 Thursday for the first time in six months as investors in search of safety bought up the dollar after disappointing economic reports.

Read more on AP via Yahoo! News

Pacific First avoids fire sale

Pacific First avoids fire sale
Pacific First Mortgage Fund has avoided an asset fire sale after Commonwealth Bank of Australia extended a $82 million loan facility for the beleaguered fund.

Read more on The Age

What advice would you give people trying to buy their first home?

What advice would you give people trying to buy their first home?
The dream of home ownership is once again fading for many young Kiwis.New Zealand home loan affordability deteriorated in December to its worst level since November 2008 after a rise in both house prices and mortgage rates, Interest.co.nz’s…

Read more on The New Zealand Herald

Can a first mortgage be refinanced to a lower rate if there is also an existing second mortgage?

If a homeowner has a first mortgage and a second mortgage, and would like to refinance the first mortgage at different terms, can this be accomplished – does the existing second mortgage put a monkey-wrench in refinancing the first?

What happens to the second mortgage when the first mortgage forecloses?

I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated.