Mortgage and Financial News From 2008-5-22 Page 7
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Estate agent shocker - BBC Brasil
Britain's largest estate agent, Countrywide , has toggled. Or to translate, it has stopped paying interest in cash on £100m of debt and is instead rolling it up. It's a sign of the tsunami that's hit Britain's estate agents that Countrywide - which ...
2008-05-22 04:57:00 -
Save £962 On Your Mortgage (The Motley Fool)
There's an easy way to save £962 on your mortgage, apparently -- but do the figures still stack up in today's tough economic climate?
2008-05-22 09:08:02 -
Fed Official Urges Wider Range Of Help For US Homeowners (Nasdaq)
AMELIA ISLAND, Fla. -(Dow Jones)- Lenders and other mortgage servicers need to embrace a wider range of options to help borrowers struggling to stay in their homes, a Federal Reserve official said Thursday.
2008-05-22 09:39:03 -
BCE Plunges Most in 25 Years as Buyout in Jeopardy (Update3) (Bloomberg.com)
May 22 (Bloomberg) -- BCE Inc. plunged the most in at least 25 years in Toronto trading as investors bet the Canadian phone company's record C$52 billion ($52.9 billion) leveraged buyout will collapse or be renegotiated at a lower price.
2008-05-22 10:02:11 -
More food for thought (Philippine Daily Inquirer)
DESPITE ITS RECENT DENIAL THAT THERE is a “rice crisis,” government has still set aside more than P40 billion for agricultural priming, and another P5 billion to help the poor deal with rising prices, especially the price of rice.
2008-05-22 10:03:13 -
There's gold for some in the mortgage mess (Miami Herald)
Perhaps we've all been looking at the housing crisis from the wrong angle. We've seen the plunging share prices of banks that made mortgages.
2008-05-22 10:22:34 -
New Law Aims to Ward Off Shortage of Student Loans in the Fall (Marketwire via Yahoo! Finance)
As President Bush signed legislation earlier this month that seeks to prevent more lenders from leaving the federal student loan program, critics wonder if the bill will be enough to forestall a shortage in federal student loans and ensure that students will have the money they need for college come fall.
2008-05-22 10:34:00 -
US Regulators Give Guidance For Consumers To Understand ARMs (Nasdaq)
WASHINGTON -(Dow Jones)- In an ongoing effort to help consumers better understand adjustable-rate mortgages, U.S. federal regulators Thursday released documents lenders can give to home buyers that spell out financial terms of loans.
2008-05-22 10:39:29 -
Cheap Rate Loans: Fulfilling Dreams Is Now Cheap - Best Syndication
Summary : The cheap loans are security based, low interest loan plans for borrowers all across the UK. These type of loans involve speedy and cheap processing as the loan procedures are carried out online. Rightly, it is said that a bird in hands is ...
2008-05-22 08:39:00 -
Indiana Business Bancorp Reports First Quarter Growth and Continued ... - MSN MoneyCentral
The net profit for the quarter was $13,941. This compares to a net profit of $8,406 during the first quarter of 2007. Net interest income for the first quarter of 2008 grew 8% to $665,472 versus $618,570 for the same quarter of 2007. Although loan ...
2008-05-22 07:34:00 -
Agent confirms Spurs interest in Peruvian defender - Haringey Independent
TOTTENHAM are tracking Catania defender Juan Vargas, according to the player's agent. Juande Ramos is known to be in the market for defenders, given the uncertainty surrounding captain Ledley King's injury, and the Spaniard has reportedly stated his ...
2008-05-22 08:25:00 -
State rebate heats up interest in solar-power installations - Boston Globe
The two solar panels atop Liz Augustine's Maynard home connect to a pipe that twists down through her roof and feeds into a hot-water tank buried inside her garage. The system produces less hot water in the winter than it does in the summer, but ...
2008-05-22 09:00:00 -
Dollar Snaps Two-Day Drop on Rising Bets for Fed Rate Increase - Bloomberg
May 22 (Bloomberg) -- The dollar snapped two days of declines against the euro, rallying from the lowest level in a month, as traders added to bets the Federal Reserve will raise interest rates by year-end and oil retreated. The U.S. currency also ...
2008-05-22 09:15:00 -
Ed Martin: Network TV Upfront Week 2008: Not So Bad After All (HuffingtonPost)
We had been led to expect networks to roll over and play dead in the wake of the WGA strike and amid the recession -- but almost all the networks rallied in grand style for Upfronts 2008.
2008-05-22 09:33:20 -
China Merchants Is Preferred Bidder for Wing Lung, People Say (Bloomberg.com)
May 23 (Bloomberg) -- China Merchants Bank Co. was picked as preferred bidder for Hong Kong's Wing Lung Bank Ltd., people familiar with the matter said, paving the way for the city's biggest banking acquisition in seven years.
2008-05-22 09:36:26