Mortgage and Financial News From 2008-7-4 Page 01
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Global bank calls for transparency in ratings - Turkish Daily News
Moody's Investors Service and Standard & Poor's must be clearer and more detailed in their ratings of asset-backed securities and the risks of underlying collateral, the Bank for International Settlements, or BIS, said Friday. The firms need to make ...
2008-07-04 02:14:00 -
Security for an Insecure Market - Philadelphia Daily News
Calamities tend to bring out the best and worst in people. This reality has never been more apparent than in the ongoing mortgage industry meltdown. Thousands of distressed homeowners, desperate for someone – anyone – to help them through their ...
2008-06-30 05:54:00 -
Find the Best Deal on Refinancing Your Home (Carteret County News-Times)
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?
2008-07-03 03:23:47 -
Thai finance minister urges central bank to consider interest raise ... - Xinhua News Agency
BANGKOK, July 3 (Xinhua) -- Thailand's Deputy Prime Minister and Finance Minister Surapong Suebwonglee on Thursday urged the Bank of Thailand and its Monetary Policy Committee to consider increasing the interest rate but with caution. Surapong said ...
2008-07-03 03:46:00 -
Ireland fears recession as unemployment rises - Daily Telegraph
Irish unemployment jumped to a nine-year high of 5.7pc last month, the Central Statistics Office reported, in the latest sign that Ireland is heading towards a recession. The rise follows confirmation earlier this week that Ireland's economy shrank ...
2008-07-04 03:40:00 -
Leading article: From housing to the High Street, a nation battens ... - The Independent
Ever since the Northern Rock crisis struck, seemingly out of nowhere, last autumn, there has been a sense that this was just a warning clap of thunder and that the real storm still loomed some way ahead. This week, that storm suddenly came a great ...
2008-07-04 05:06:00 -
CreditCards.com: Weekly Credit Card Rate Report - Forbes
Annual percentage rates for select major credit card categories were mostly flat to down this week, amid continued employment weakness. Meanwhile, a European Central Bank decision could put added pressure on the Federal Reserve to hike interest rates ...
2008-07-03 09:44:00 -
Russia's economic growth remains robust - Xinhua News Agency
MOSCOW, July 5 (Xinhua) -- Russia's economic growth remained robust in the first half of 2008, with major economic indicators beating expectations. The Russian government has raised its economic growth forecast for 2008 to 7.1 percent from 6.7 ...
2008-07-04 07:51:00 -
Credit crunch and sub-prime join the Oxford English Dictionary - Daily Telegraph
The past year has seen a slew of new business related phrases enter the public consciousness. And some of these terms have become so widely accepted they have been awarded a place in the latest edition of the Concise Oxford English Dictionary (OED ...
2008-07-04 04:30:00 -
How to Save Your Home from Foreclosure (Carteret County News-Times)
(ARA) - Are you two months or more past due on your mortgage payments and sweating it out? If so you're not alone.
2008-07-04 05:30:22 -
Fuel costs push India's inflation rate to 13-year high (Independent)
India's inflation has risen to new heights as official figures yesterday revealed that increased fuel prices have pushed up the costs of food, building supplies and steel.
2008-07-04 06:02:01 -
The Scope and Method of Catallactics (Ludwig von Mises Institute)
There have never been any doubts and uncertainties about the scope of economic science.
2008-07-04 07:31:37 -
Credit Card Overhauls Seem Likely (NYTimes.com via Yahoo! Finance)
Proposed regulations changes are strongly opposed by the credit card industry, which has long beat back any regulatory constraints.
2008-07-04 09:36:32 -
When Credit Gets Tight, a 401(k) Loan Becomes Tempting (NYTimes.com via Yahoo! Finance)
Examining the rationales for supporting or damning the practice of borrowing against a retirement fund can be a useful exercise.
2008-07-04 09:36:32 -
Acciona Refinances Endesa Stake Buy With EUR1.7 Billion Loan - CNN Money
MADRID -(Dow Jones)- Spanish infrastructure and energy company Acciona SA ( ANA.MC) Friday said it secured a EUR1.70 billion , two-year syndicated loan to refinance the acquisition of close to 4% of Spanish power utility Endesa SA ( ELEZF). Acciona ...
2008-07-04 02:11:00