Mortgage and Financial News From 2008-1-20 Page 13

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  • Govt $18bn surplus to fight inflation - Business Spectator

    Govt $18bn surplus to fight inflationBusiness Spectator, Australia - 28 minutes agoAdding to pressure on the government in a country where home ownership and mortgage repayments are a sensitive political issue, an international survey on ...
    2008-01-20 05:31:39

  • More people than usual needing help - Salvation Army - Radio New Zealand

    More people than usual needing help - Salvation ArmyRadio New Zealand, New Zealand - 25 minutes ago2007 was a hard year as consumers saw the rise in food and petrol prices coupled with high mortgage and credit interest rates. Major Campbell Roberts of the ...
    2008-01-20 05:35:17

  • Banks' woes may result in big recession - Milwaukee Journal Sentinel (subscription)

    Banks' woes may result in big recessionMilwaukee Journal Sentinel (subscription), WI - 18 minutes agoThe involvement of the banking sector in the subprime mortgage mess implies there could be repercussions beyond a plain vanilla recession. ...
    2008-01-20 05:41:37

  • Municipal bonds become 'a great value' - USA Today

    Municipal bonds become 'a great value'USA Today - 8 minutes agoMuni bond insurers have also been clobbered by losses from their investments in mortgage-backed securities. Last week, Ambac fired its CEO, cut its dividend ...
    2008-01-20 05:52:02

  • Oil In A Week: Oil Prices At A Crossroads (Dar Al-Hayat)

    Oil prices fell to around $90 a barrel last week, still a relatively high price even according to OPEC which has blamed financial speculation, in addition to the declining number of refineries and volume of their production capacity in industrial countries over the last 25 years of the past century for the market fundamentals are no longer tied to price fluctuations.
    2008-01-20 04:53:26

  • House prices fall for third consecutive month but agents see signs of recovery (Independent)

    House prices are continuing to fall, although the new year has seen a moderation in the rate of decline, according to the latest data from the online estate agency Rightmove.
    2008-01-20 04:55:42

  • Study on mortgage switching (Irish Examiner)

    Research commissioned by EBS Building Society among mortgage switchers has revealed 83% of respondents said they found it easy to switch.
    2008-01-20 05:08:55

  • Euro at risk from Europe’s own economic storm (Daily Telegraph)

    One begins to glimpse the distant end of America's financial crisis. A mood of capitulation is sweeping Wall Street, the time-honoured moment of black darkness before dawn.
    2008-01-20 05:10:26

  • U.K. Home Prices Fall a Third Month, Reviving Buyer Interest (Bloomberg.com)

    Jan. 21 (Bloomberg) -- U.K. house prices declined for a third month in January, reviving interest among prospective buyers after a slump in viewings late last year, Rightmove Plc said.
    2008-01-20 05:20:22

  • What to watch (Seattle Post-Intelligencer)

    U.S. financial markets are closed Monday for the Martin Luther King Jr. Day holiday. Treasury bill auction. Senate Finance Committee hearing on economy and a stimulus plan.
    2008-01-20 05:41:31

  • Shooing squatters

    Sentinel & Enterprise - Part of the problem is the city does not get up-to-date information from banks and mortgage companies on foreclosures. Curry said it is hard to know which houses are empty, even when he knows a home is in foreclosure. Tenants and former owners ...
    2008-01-20 08:53:00

  • What Will YOU Do With Your Rebate?

    AOL - With sub-prime mortgage lenders going under at an astonishing rate, record defaults on mortgages, credit card companies posting lower-than- expected earnings due to defaults and slow-pays, municipal bonds tanking due to the mortgage banking crisis ...
    2008-01-20 01:04:00

  • Citigroup swallows Japanese brokerage

    News.com.au - Citigroup posted a $US9.83 billion ($11.2 billion) net loss for the December quarter, thanks to sub-prime mortgage-related write-downs of $US17.4 billion. The companies confirmed yesterday the stock-swap offer for 32 per cent of Nikko Citigroup not ...
    2008-01-20 12:56:00

  • TWO PROPERTIES, TWO SISTERS... ONE BRUISING LEGAL BATTLE - Electric New Paper

    TWO PROPERTIES, TWO SISTERS... ONE BRUISING LEGAL BATTLEElectric New Paper, Singapore - 3 hours agoAfter hearing from all the parties, as well as forensic accountants they had engaged, Justice Tan said: 'All the conveyancing and mortgage documents ...
    2008-01-20 02:08:36

  • Midwest Capital Corporation Helps Local Motorcycle Dealer Purchase ... - PR-USA.net (press release)

    Midwest Capital Corporation Helps Local Motorcycle Dealer Purchase ...PR-USA.net (press release), Bulgaria - 3 hours ago... which provides both conventional and SBA 504 long term commercial mortgage loans, ranging from $1000000 to $10000000, to small and medium size companies.
    2008-01-20 02:23:52

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