Mortgage and Financial News From 2008-5-22 Page 2

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• Property Finance (May 18-24): Lessons Unlearned (CoStar Group)

  In this week's issue: What we haven't learned from past market collapses; Norris Beggs & Simpson sees lending success sticking with life companies; and Coldwell Banker Commercial teams up with Jonson Capital. Plus we give you a valuable leads list...
  2008-05-22 02:23:44

• Permanent Loan Limit Increase Would Be Good for Homeownership, Says NAR (PR Newswire via Yahoo! News)

  Making the temporary loan limit increases authorized by the Economic Stimulus Act of 2008 permanent will give families in high-cost areas equal access to fair and affordable loans on a continuous basis, according to the National Association of Realtors(R).
  2008-05-22 09:37:00

• Mesa Offshore Trust Announces No Trust Income for May 2008 - Forbes

  Mesa Offshore Trust (OTCBB:MOSH) announced that there will be no Trust income distribution for the month of May 2008 for Unitholders of record on May 30, 2008. The Trust did not receive any Royalty income from the Working Interest Owner for the month ...
  2008-05-21 01:41:00

• It's the epic flight of the white working class that Labour should ... - Guardian Unlimited

  A shareholder revolt this week at Shell's annual meeting shocked the City. The protest was against a new kind of bonus creeping into boardroom pay - rewarding executives with €1m each (£800,000) just to stay in their jobs. It was yet another ...
  2008-05-22 04:03:00

• BY-ELECTION SPECIAL - Dunwoody says loss is a 'mid-term blip' - Crewe Guardian

  LABOUR candidate Tamsin Dunwoody said that the 17.6 per cent swing that enabled the Conservatives to take Crewe and Nantwich was a 'mid-term blip'. Speaking immediately after the loss Ms Dunwoody said that a large turnout by Tory voters had played a ...
  2008-05-22 09:10:00

• Nelson says Rudd 'out of touch' with everyday Australia (Australian Broadcasting Corporation)

  The Federal Opposition has lashed out at Prime Minister Kevin Rudd for saying he has done as much as he possibly can on fuel and grocery prices.
  2008-05-22 05:01:38

• Help for mortgage holders in trouble (USA Today)

  Rising payments from adjustable-rate mortgages, mounting job losses and an epidemic of unaffordable loans have thrown more homeowners into a dire situation: They're no longer able to pay.
  2008-05-22 05:32:09

• Anzacs unimpressed by Menzies (TVNZ)

  Anzac veterans have good reason to resent British Prime Minister Winston Churchill, but many Australians remain just as unimpressed by their own "subservient" World War II leader, Robert Menzies, according to the author of a new book.
  2008-05-22 06:13:55

• The $1.5 Million Studio (BusinessWeek)

  In the world's most expensive property markets, $1.5 million still doesn't go very far despite some softening in real estate prices
  2008-05-22 09:13:20

• Vietnam Banks More Cautious, HSBC Country Head Says (Update1) (Bloomberg.com)

  May 23 (Bloomberg) -- Vietnamese banks are becoming more cautious in lending to industries such as real estate as rising interest rates increase the risk of defaults, said the head of HSBC Holdings Plc 's operations in the country.
  2008-05-22 09:21:26

• Hawaii mortgage rates dip to 5.5% - Pacific Business News

  Banks customize credit cards to target wide range of customers [Honolulu] Bank profits, rate hike boost HEI earnings [Honolulu] Succession plans put into action at Hawaii banks [Honolulu] First Hawaiian improves credit card perks [Honolulu] UH ...
  2008-05-22 04:53:00

• Fed to Pause in June, But Don't Rule Out More Rate Cuts (Daily FX via Yahoo! Finance)

  - Euro: Inflation vs. Growth - British Pound Presses Higher
  2008-05-22 02:40:38

• House price average 'will fall by £14,000' (Daily Telegraph)

  House prices will fall by at least 7 per cent by December, knocking around £14,000 off the value of the average home, according to the Council of Mortgage Lenders.
  2008-05-22 03:24:01

• Euro: Inflation vs. Growth (AME Info)

  The US dollar weakened significantly this past week as oil prices skyrocketed and stocks plummeted. Today however was a day of recovery with stocks and the dollar rebounding and oil prices easing.
  2008-05-22 03:27:46

• Economy - Thursday (Investor's Business Daily via Yahoo! Finance)

  Jobless claims fall, remain high
  2008-05-22 03:43:43

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