Mortgage and Financial News From 2008-5-22 Page 11
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Listen to Your Mother (Kiplinger.com)
Readers share the best financial advice they got from their moms.
2008-05-21 09:59:59 -
Council gives OK to sewer-bond vote in August (The Joplin Globe)
NEOSHO, Mo. — The Neosho City Council this week decided to put a proposed $8.5 million sewer-debt issue on the August ballot. Voter approval would allow the city to pursue a program offered by the state’s revolving-loan fund to spare Neosho from higher interest rates, said City Manager Jan Blase.
2008-05-21 06:39:39 -
Petrol smashes $1.50 mark - News.com.au
HIGH petrol prices, which broke the $1.50-a-litre barrier today, are hurting people more than interest rates, with some readers wondering if they can afford to drive. A survey, part of the latest Mortgage and Finance Association of Australia/Bankwest ...
2008-05-21 11:13:00 -
CDS market posts record growth H2 2007 - BIS - Forbes
GENEVA (Thomson Financial) - The credit default swap (CDS) market, where exposure to risky assets such as the U.S. subprime home loans at the heart of the current credit squeeze can be offset, showed record growth in the second half of 2007, the Bank ...
2008-05-21 11:42:00 -
(AFX UK Focus) 2008-05-22 08:37 France's Lagarde urges realignment of currencies UPDATE (Interactive Investor)
(Adds comment on ECB, China)
2008-05-22 01:08:36 -
Senate GOP says tax cuts can help invigorate Pa. economy (The Daily American)
HARRISBURG, Pa. — Six weeks before the new budget year begins, Republicans who control the state Senate said they will press for tax cuts for businesses and low-income taxpayers as a way to jump-start a sluggish economy.
2008-05-22 01:23:24 -
European stocks fall to 3-week low; UBS sags (Reuters via Yahoo! Singapore News)
PARIS, May 22 - European stocks dropped in early trade on Thursday, falling to a three-week low as inflation fears continued to rattle investors after a gloomy outlook by the Federal Reserve and a surge in oil prices.
2008-05-22 01:25:09 -
No relief from heat (Toronto Sun)
IN TOMORROW'S PAPER:
2008-05-22 01:33:48 -
Fed's mixed blessing (CNN Money)
For a guy who supposedly has lost his credibility, Fed chief Ben Bernanke has been surprisingly effective in soothing stressed-out financial markets - maybe a little too effective.
2008-05-22 01:45:39 -
Thursday's news and views (Investors Chronicle)
• Contractor Balfour Beatty has been awarded a road-building contract by the Alamo Regional Mobility Authority Board of Directors. • Bank note printer De La Rue reported a 23% rise in annual pre-tax profit and said it plans to return £160m to shareholders through a special dividend.
2008-05-22 02:02:53 -
Auto Loan Refinance to Reduce Monthly Payments (Richfield Reaper)
(ARA) - If high gas prices coupled with a big monthly car payment have you thinking that it might be time to trade in your truck or SUV, you'll be happy to know there is an alternative.
2008-05-21 06:00:14 -
Bank of the West sues Regency, seeks land sale (The Des Moines Register)
The financial problems of Regency Cos., formerly the state’s largest home builder, worsened Wednesday when one of its lenders filed a lawsuit seeking to foreclose on land within 10 of Regency’s developments.
2008-05-21 06:38:23 -
Countrywide e-mail angers borrowers (Daily Breeze)
Chairman's inadvertent reply to a man seeking loan help creates a furor on Web sites.
2008-05-21 11:03:32 -
Rules target lender ads (Portland Tribune)
Carrie and David England’s ears perked when they heard a Portland radio ad offering 30-year home loans at 4.5 percent interest. After contacting the mortgage company, they learned the advertised loan wasn’t available, and the Englands were persuaded to take a riskier 7.4 percent loan ...
2008-05-22 12:10:16 -
Schwarzenegger's subprime accord didn't cut foreclosures (The Sacramento Bee)
Six months after it was announced, a plan by Gov. Arnold Schwarzenegger to help struggling California homeowners appears to have had limited impact on preventing foreclosures.
2008-05-22 12:30:40