Mortgage and Financial News From 2008-4-15 Page 01
Previous Day: 2008-04-14
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Lower interest rates, increasing competition cut banks' margins (Khaleej Times)
ABU DHABI — The liquidity in the banking system is high on the back of oil revenues but the impact of lower interest rates due to the dirham's peg to the US dollar and increasing competition in the banking sector is reducing profit margins.
2008-04-15 08:43:09 -
Asian shares climb, cheered by US banks, Intel (Philippine Daily Inquirer)
SINGAPORE -- Asian stocks scored solid gains on Wednesday, with high-tech exporters buoyed by a reassuring outlook from industry leader Intel Corp. and energy shares underpinned by record high oil prices.
2008-04-15 08:58:52 -
Bankruptcy filings up 38 percent last year amid weak economy (The Times of Northwest Indiana)
WASHINGTON - Bankruptcy filings jumped 38 percent last year compared with 2006, as many consumers struggled with higher mortgage payments and other debt loads, a nonprofit group said Tuesday.
2008-04-15 09:09:55 -
Preacher, Teacher, Forger, Spy (Baltimore City Paper)
Hill says goodbye to a parishioner at his covenant life family worship center. Parishioners feel the spirit. Hill leads a service. Hill with mentee brandon saunders.
2008-04-15 09:10:46 -
Suit in Snyder case tossed (Lancaster Online)
A federal judge has dismissed a suit aimed at forcing 24 mortgage companies to provide relief to more than 800 victims of Wesley A
2008-04-15 09:12:57 -
Builders Remain Pessimistic About Housing Market (The Tampa Tribune)
A reading of U.S. home builders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.
2008-04-15 09:14:49 -
New signs of life in US home market (TVNZ)
While the data says "no end in sight" for the US housing crisis, real estate agents are beginning to see signs of life among people looking for homes to buy around the United States.
2008-04-15 09:17:52 -
Questions And Answers – Tuesday, 14 April 2008 (Scoop.co.nz)
1. Hon PAUL SWAIN (Labour—Rimutaka) to the Minister of Finance: What is the Government’s policy on the sale or retention of State-owned enterprises?
2008-04-15 03:49:57 -
(AFX UK Focus) 2008-04-16 04:53 GMT: U.K. rising household debt poses concerns - Moody's (Interactive Investor)
MUMBAI (Thomson Financial) - Moody's Investors service said it views rising household debt levels in the United Kingdom with some concern, and noted that the stock of outstanding U.K. mortgage debt stands at more than 100 percent of households' disposable income.
2008-04-15 09:22:36 -
Royal Bank of Scotland International Personal Banking Announces the Launch of its New Representative Office in Dubai (PR Newswire via Yahoo! Finance)
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2008-04-15 04:01:00 -
UK Consumers Wary Of Spending Due To Credit Crunch (The Forex Market)
LONDON (Dow Jones)--U.K. consumers are feeling the impact of the global credit crisis, with almost three out of five adults recently canceling spending plans due to uncertainty about their financial situation, market research firm Mintel said Wednesday.
2008-04-15 04:02:05 -
UPDATE: Fannie Mae, Freddie Mac Still Pose A Risk, Regulator Says (The Forex Market)
WASHINGTON (Dow Jones) -- Washington is counting on Fannie Mae and Freddie Mac to help bring the housing sector back to life but their federal regulator said Tuesday that the two firms have some significant weaknesses of their own to work out.
2008-04-15 04:17:26 -
Lazard celebrates slings and arrows - and its fortune (Daily Telegraph)
Given how treacherous a place Wall Street is, any firm that survives long enough to see its 160th birthday should rightly throw itself a party. And that's exactly what Lazard, the venerable investment bank, is doing tonight at Spencer House on St James's Place.
2008-04-15 04:34:56 -
7:35 p.m.: ACS board waits for Scott decision (The Herald Bulletin)
ANDERSON — Amid recent allegations that one of its members swindled people out of thousands of dollars, Anderson Community Schools board members are reluctant to say if Bishop Robert Scott should step down.
2008-04-15 04:48:43 -
£5,000 to take out your next mortgage as fees double in a year (Evening Standard)
Homeowners are facing fees of up to £5,000 to take out a mortgage.
2008-04-15 06:01:03
