Mortgage and Financial News From 2008-5-12 Page 10
Previous Day: 2008-05-11
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Lending tightens for student-loan seekers (The News Journal)
These days, it's hard to afford college without help. Increasingly, though, that help can be hard to find.
2008-05-11 01:01:52 -
COMMERCIAL MORTGAGES (Richmond Times-Dispatch)
Big slowdown in sales takes some perspective The tidal waves of financial crises buffeting the markets since August peaked in mid-March with the Bear Stearns bailout. Although some investors may feel they are aboard the SS Poseidon from "The Poseidon Adventure," today's sentiment is more in line with that movie's hit song by Maureen McGovern: "There's Got to be a Morning After." Even as banks ...
2008-05-11 09:19:05 -
Business confidence and home lending dive (ABC via Yahoo!7 News)
The market may have surged on Monday in response to Westpac's mammoth take-over offer for St George Bank, but two sets of economic figures released on the same day give cause for caution.
2008-05-12 01:48:00 -
MBIA Inc. Reports First Quarter 2008 Financial Results (Business Wire via Yahoo! Finance)
ARMONK, N.Y.----MBIA Inc. , the holding company for MBIA Insurance Corporation, today reported a net loss for the first quarter of 2008 of $2.4 billion, compared with net income of $198.6 million during the same period in 2007.
2008-05-12 04:49:00 -
Opening Bell: Payday Loan Scams (Columbia Journalism Review)
Not just for the poor anymore; the Dolans and Newsday; will Dems pay for helping home owners?; etc.
2008-05-12 05:25:29 -
Brazil: Lula Loves Investment Grade - Whatever That Is (Gringoes)
Brazil´s President Luiz Inacio Lula da Silva is having the time of his life at the moment. Barely a day goes by when he does not pop up in some part of the country like a latter-day Harold MacMillan telling everyone that they have never had it so good.
2008-05-12 07:31:29 -
Manufacturing inflation up in April - MyFinances.co.uk
Manufacturing inflation was up in April, denting hopes of an interest rate cut next month. In the year to April, home sales of manufactured products rose 7.5 per cent, compared with the rise of 6.5 per cent in the year to March, according to the ...
2008-05-12 04:12:00 -
Israel cbank ready to raise rates to curb inflation - Guardian Unlimited
JERUSALEM, May 12 (Reuters) - Israel's central bank stands ready to raise short-term borrowing costs to keep inflation under control, minutes of the last policy setting meeting showed on Monday. The Bank of Israel held its key lending rate steady on ...
2008-05-12 04:19:00 -
Homes to fold on rates pressure - Beeld
Johannesburg - South African households and the residential property market won't be able to handle much more of an increase in interest rates, warns an FNB economist. Prime rates need only rise to 18% to inflict the same financial pain to consumers ...
2008-05-12 02:03:00 -
European govt bonds lower as equities gain; Gilts underperform on UK ... - Forbes
LONDON (Thomson Financial) - European government bonds were lower, pressured by rises on equity markets, while UK gilts underperformed after unexpectedly strong producer prices data reduced the chances of a Bank of England interest rate cut next ...
2008-05-12 04:04:00 -
Northern Rock reports progress on repayments - CNBC
LONDON - Northern Rock PLC, the mortgage lender that was nationalized after falling victim to the global credit squeeze, reported an increase in arrears on Monday but said it was making "solid progress" with its plan to repay its multibillion dollar ...
2008-05-12 05:45:00 -
Toreador Announces First Quarter Financial Results - Forbes
-- A winning bidder for a portion of Toreador's interest in the South Akcakoca Sub-basin selected -0- *T Three months ended Mar. 31, Change Change ----- ($ millions, except where noted) 2008 2007 (units ...
2008-05-12 05:45:00 -
India Factory Output Rises at Slowest Pace Since 2002 (Update5) - Bloomberg
May 12 (Bloomberg) -- India's industrial production grew at the slowest pace since 2002 in March as borrowing costs at a six- year high discouraged consumers from buying cars and motorcycles. Production at factories, utilities and mines rose 3 ...
2008-05-12 06:06:00 -
Vodafone Won't Bid for MTN; Repeats Vodacom Interest (Update2) - Bloomberg
May 12 (Bloomberg) -- Vodafone Group Plc , the world's largest mobile-phone company, won't bid for MTN Group Ltd. , Africa's biggest wireless operator, and said it's still interested in owning more of South Africa's Vodacom Group Ltd. ``We have no ...
2008-05-12 04:12:00 -
Site navigation (Reading Evening Post)
Consumer confidence fell for the seventh month in a row during April to hit a new low as people worried about the state of the economy, figures showed.
2008-05-12 09:26:22