Mortgage and Financial News From 2009-1-30 Page 01
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Riding out the recession - Baltimore Sun
There is no reason to buy anything full price these days, especially apparel. Instead of stepping inside a store to keep track of new sales and snatch bargain-basement deals, let e-mail alerts and Web sites do the work for you. Worried about how much ...
2009-01-26 03:18:00 -
Rate Decisions, ISM Indexes, Deutsche Bank: European Week Ahead - Bloomberg
Jan. 30 (Bloomberg) -- Interest-rate decisions from the European Central Bank and the Bank of England and reports on U.S. and European manufacturing and services may move stock markets next week. Earnings from Deutsche Bank AG may also move markets ...
2009-01-30 09:04:00 -
Freddie Mac Increases Fees on Some Mortgages - Wall Street Journal
Freddie Mac posted on its Web site late Friday higher fees that will raise costs for some home mortgage borrowers. The move by the government-backed mortgage investor follows similar fee increases by its main rival, Fannie Mae , in December. A series ...
2009-01-30 04:42:00 -
General Growth Gets Extension on $4 billion in Loans - Wall Street Journal
General Growth Properties Inc.'s lenders agreed not to call due two loans totaling more than $4 billion before March 16, extending the deadline, which expired Friday, by six weeks, according to people familiar with the talks. General Growth, which ...
2009-01-30 05:46:00 -
CML collar more like a stranglehold - Times Online
A genius factory, it is not. This week the Council of Mortgage Lenders (CML) demonstrated why bankers are held in the public's regard somewhere between second-hand car salesmen and Nigerian fraudsters. It came up with the idea that the Government ...
2009-01-30 05:10:00 -
Stimulus Plan Encounters Stiff Resistance in Senate (New York Times)
Senate Republicans and even some Democrats are pressing for big changes to the economic stimulus package the House passed this week.
2009-01-30 10:14:20 -
PLDT says ’09 income to increase on tax cuts (Manila Standard Today)
Philippine Long Distance Telephone Co., the nation’s biggest company by value, said its profit will rise this year, largely because of lower taxes.
2009-01-30 11:11:40 -
Dick Evans: Adding a power sales strategy (The Globe and Mail)
AbitibiBowater's new chairman seeks new solutions to a never-ending restructuring
2009-01-30 11:13:59 -
To invest, or not to invest - West Online
Astute property investors are arranging their finances to snap up bargain-priced properties, according to McKinley Plowman accountant Nigel Plowman. Increased inquiries had come from clients ready to “pounce on buying opportunities” since the ...
2009-01-30 06:43:00 -
Buying property? Wait a bit longer - Mid Day.com
DEAR ESTATE: A real estate expert says buyers won't buy unless builders quote rational prices. Property buyers have adopted the wait and watch strategy because they want property rates to fall further. Also, buyers are renegotiating fixed deals and ...
2009-01-30 08:45:00 -
Vietnam's BIDV to cut dong lending rates from Feb 1 - FXStreet.com
HANOI, Jan 31 (Reuters) - State-run BIDV, Vietnam's second largest bank by assets, said it will reduce dong lending rates next month to help boost domestic production and support exports. The Hanoi-based bank said in a statement late on Friday it ...
2009-01-30 08:31:00 -
Foreboding signs - star.com.my
Latest statistics clearly show slowing demand for credit and that is an indication of a less rosy situation in the broad economy. The overall monetary picture for the country is a bit of a sorry sight right now – continued interest rate cuts may do ...
2009-01-30 08:52:00 -
Women's 'playful' signals can be misleading - Zee News
Washington, Jan 31: When it comes to the romantic field, women's 'playful' signals can actually be misleading, warns a new study. The research found that men and women were equally good at gauging men's interest - and equally bad at judging women's ...
2009-01-30 10:54:00 -
Eurozone jobless rate climbs, inflation drops to 1.1% - Daily Times
BRUSSELS: The jobless rate in euro zone countries climbed to 8% in December, the highest in over two and a half years, while inflation dropped as the economic downturn intensified, the EU’s statistical agency said Friday. Inflation in the 16 ...
2009-01-30 05:25:00 -
Fitch Rates $91.5MM CMLTI 2009-1 - PR Inside
--$26,466,000 classes 1A1, 1A1A and 1A1B at 'AAA'; --$30,675,000 classes 2A1, 2A1A and 2A1B at 'AAA'; --$34,409,000 classes 3A1, 3A1A and 3A1B at 'AAA'. The Rating Outlook is Stable for all tranches. This transaction contains certain classes ...
2009-01-30 06:29:00