Mortgage and Financial News From 2008-6-12 Page 14
Previous Day: 2008-06-11
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Tough love from Bernanke - CNN Money
NEW YORK (Fortune) -- Note to investors: Ben Bernanke isn't your best friend anymore. After spending nine months cutting interest rates and lending freely to financial firms in a bid to ease the pain of the credit crunch, the Federal Reserve has ...
2008-06-12 05:44:00 -
Xceed Mortgage Reports Fiscal 2008 Second Quarter - CNW Group
- Second-quarter results reflect completion of transition to focusing on solely originating mortgages qualifying for insurance and structuring operations to suit prevailing market conditions and reduced business volumes - Unusual expense items ...
2008-06-12 02:52:00 -
Broker Mortgage Newsletter - Colleyville Courier
Top 4 Companies For Broker Mortgage Newsletter . As a commercial mortgage lender, we recognized the need for this knowledge. Taped at a live seminar, it offers a total education up to and including sales techniques on 3 DVDs. Insider secrets on how ...
2008-06-11 12:33:00 -
Thornburg Mortgage Reports 1Q Results (Business Wire via Yahoo! Finance)
SANTA FE, N.M.----Thornburg Mortgage, Inc. , today reported a net loss before preferred stock dividends for the quarter ended March 31, 2008 of $3.306 billion, or a loss of $20.64 per common share, as compared to net income of $75.0 million, or $0.62 per common share, for the same period in the prior year.
2008-06-12 03:00:00 -
Banking and Financial (Mondaq)
The Treasurer, Andrew Fraser, has handed down the 2008/2009 State Budget which contains various changes to stamp duty for businesses dealing with Queensland property.
2008-06-12 03:27:52 -
British public expecting 4% inflation (RTÉ News)
The British public expects the cost of living to soar at more than double the pace of official targets in the coming year, according to the Bank of England's latest survey today.
2008-06-12 04:01:14 -
(AFX UK Focus) 2008-06-12 13:16 Wall Street heads to higher open before data (Interactive Investor)
NEW YORK (AP) - Wall Street looked to open higher Thursday amid enthusiasm for a $46 billion takeover bid for Anheuser-Busch Cos. and ahead of a report on retail sales.
2008-06-12 05:52:52 -
Credit crunch causes student loan changes (Daily Pennsylvanian)
The credit crunch hit a little closer to home for many Penn students this past month, as they opened letters from Student Financial Services informing them that their current lender had stopped issuing Stafford loans due to recent market instability.
2008-06-12 06:10:38 -
Stocks look to gain on gain in May retail sales (The Washington Times)
Wall Street headed to a higher open and bond prices tumbled Thursday after the government reported a spike in May retail sales and a bid for Anheuser-Busch Cos. boosted hopes for new deals.
2008-06-12 06:12:15 -
Senate panel OKs housing relief plan - Baltimore Sun
WASHINGTON - Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac, instead of taxpayers, would back up a home loan rescue for up to 500,000 strapped borrowers under a plan approved by a key Senate committee yesterday to pull ...
2008-06-11 10:48:00 -
Professional Mortgage - Colleyville Courier
$150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic Low Rates From Top Lenders - No Obligation, No SSN Required & Bad Credit OK. Insider secrets on how to legally repair your Credit Rating within 24 hours. Fast online ...
2008-06-12 12:43:00 -
An Interior Designer Finds Plenty of Room for Ikea (The New York Sun)
Think interior designers would disapprove of a $22 ready-to-assemble bookshelf? Think again. A New York-based designer, Elaine Griffin, said nearly everything in her kitchen is from Ikea, the Swedish furniture chain that will open its first New York City location June 18. "I am crazy about Ikea," Ms. Griffin, who is a contributing editor of Elle Decor and is ranked as one of House Beautiful's ...
2008-06-11 08:46:35 -
Geoff Oldfather: Mobile home owners have issues adding on to their homes (Stuart News)
Fred Fitch and his neighbors are a perfect example of the conflict between old and new. Many of their homes are old. Some of the manufactured homes in the Ridgeway Mobile Home Community in Hobe Sound go back 30 years.
2008-06-11 09:08:09 -
Holders of Auction-Rate Debt Have Choices, but Few Solutions (WallStreet Journal via Yahoo! Finance)
Ever since auction-rate securities stopped trading normally, investors have been taking out loans, selling their securities at big discounts, or simply waiting and hoping that the market will start functioning again.
2008-06-11 09:16:57 -
A cold market for jumbo loans shows signs of a thaw (Los Angeles Times)
2008-06-11 10:11:48
