Mortgage and Financial News From 2008-5-12 Page 12
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IndyMac Bancorp swings to 1st-qtr loss, sees 2008 loss - Newsday
LOS ANGELES - IndyMac Bancorp Inc. said Monday it swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of mortgage-backed securities, and warned it would not post a profitable quarter in ...
2008-05-12 05:23:00 -
Sign Up Today for the LendingTree Home Buying Guide - MSN MoneyCentral
LendingTree Launches New Email Series to Help Educate Homebuyers in Today's Soft Market CHARLOTTE, N.C., May 12 /PRNewswire/ -- Starting today, interested homebuyers can get their hands on helpful information through the all-new 'LendingTree Guide to ...
2008-05-12 05:02:00 -
Northern Rock mortgage arrears double - Guardian Unlimited
Northern Rock, the nationalised mortgage lender, admitted today that the number of customers in arrears on their home loans almost doubled in the last three months. Arrears, which the lender previously boasted were well below the industry average ...
2008-05-12 02:31:00 -
Beware Your Banker -- He May Be a Broker - Street.Com
Here's why this investment is definitely not an alternative to a CD: It carries a 1% sales charge upfront. It carries an additional deferred sales charge and fee amounting to 3.95%, which is subtracted from the account over months 4 through 9. The ...
2008-05-11 07:40:00 -
Westpac in takeover talks with St George - South China Morning Post
Westpac Banking Corp Ltd, Australia’s fourth-biggest bank, said it was in takeover talks with St George Bank Ltd, valued at US$14 billion, to create the country’s largest bank by market capitalisation. In a surprise announcement, Westpac said the ...
2008-05-12 03:29:00 -
Mainland CPI for April nears 12-year high - South China Morning Post
China’s consumer price inflation clung near a 12-year high in April, maintaining pressure on the government to stick to its tight policy stance despite softening global growth. For authorities who have insisted their priority is to tackle price ...
2008-05-12 03:29:00 -
Outdoor Recreation 2008 - Sun-Journal
Maine's 2,500 lakes and ponds and 3,500 mile long coastline offer varied and outstanding recreational opportunities to owners of trailered or car-top watercraft. Access to these waters can be found at hundreds of locations, many of which are ...
2008-05-12 02:10:00 -
Beware of 'personal bankers' - Chicago Sun-Times
You walk into your bank seeking safety. You trust your bank to provide only secure, FDIC-insured deposits. But you want higher yields than the bank certificates of deposit. Those six-month CDs are currently paying less than 2 percent at most local ...
2008-05-12 01:56:00 -
10News Tackles Mortgage Meltdown Crisis Monday 5am-11pm - San Diego Channel
10News is planning special coverage on Monday May 12, titled "Home Sweet Home: Surviving The Mortgage Meltdown." From 5 a.m. - 11 p.m. we will provide viewers with comprehensive news and resources to help navigate the mortgage crisis. Find out about ...
2008-05-11 04:51:00 -
Fewer home loans taken out - News.com.au
THE expense of a new mortgage is deterring people from buying houses, with the number of loans taken out in March the lowest since August 2005. The number of owner-occupier loans secured in March fell by a seasonally-adjusted 6.1 per cent cent ...
2008-05-11 07:00:00 -
Fewer home loans taken out in March - News.com.au
Number of home loans taken out fell 6.1pc in March Economists had expected a 1pc fall In-depth : The latest interest rate news and features THE expense of a new mortgage is deterring people from taking the plunge into home ownership with the number ...
2008-05-12 12:51:00 -
Kei Road Combined School once a shining beacon (Daily Dispatch)
I RECEIVED with sadness the shocking news about the very sorry state of affairs at Kei Road Combined School (Kei Road school’s can of worms, DD May 6).
2008-05-11 07:56:17 -
Relief Sought, Given For Housing Mess (The Memphis Daily News)
Federal Reserve Chairman Ben Bernanke spoke last week of a need for the federal government to do more to assuage the nation's foreclosure crisis.The U....
2008-05-11 10:05:38 -
Precious Metal Stock Review (GoldSeek.com)
Gold had a very constructive, textbook week bouncing off sharply from the multi-decade support line at $850. There appears to be clear sailing to $900, and that should be early next week. Look for some resistance between $900 and $910 but it should not prove significant.
2008-05-11 10:47:40 -
INTERVIEW WITH LYNN REASER (Journal Inquirer)
Lynn Reaser is managing director and chief economist for the Investment Strategies Group at Bank of America, which oversees investments of about $500 billion for individual and institutional clients.
2008-05-11 10:47:58