Mortgage and Financial News From 2009-7-20 Page 01
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Report: UK mortgage lending up 17 pct in June - Akron Beacon Journal
Gross mortgage lending in the United Kingdom rose by 17 percent in June compared to the previous month but still lagged at about half of year-ago levels, the Council of Mortgage Lenders said Monday. The figure was echoed by the Bank of England, which ...
2009-07-20 03:28:00 -
No wonder Cherie's got Swine Flu. The Blairs have had their snouts in ... - Daily Mail
The property market may have collapsed as a result of the credit crunch; hundreds of thousands of people may be struggling to raise a loan to buy a home; others are unable to pay their existing mortgage because they've lost their jobs; and many more ...
2009-07-20 08:17:00 -
Blair makes £2m profit on house that taxpayers helped pay for - Daily Mail
Tony Blair has made a £2million profit on the London mansion he bought with help from the taxpayer. Estate agents estimate the luxury 19th century home in Connaught Square is worth £6.6million. When Mr Blair and his wife Cherie bought the townhouse ...
2009-07-20 09:21:00 -
Local credit unions' capital ratios falling - San Bernardino County Sun
While they're far from falling off a cliff, a few Inland Empire credit unions - collectively worth almost $2.5 billion in assets - seem to be inching closer to dangerous territory. Only a handful of community credit unions across the nation have ...
2009-07-20 06:15:00 -
ServisFirst Bancshares, Inc. Reports Second Quarter 2009 Earnings - Earthtimes
Net income up 116% over 1st quarter, to $1.56 million Tier 2 capital in Bank exceeds $124 million FDIC special assessment fully expensed in 2nd quarter Net interest margin improved 18 basis points quarter/quarter "We are reporting another profitable ...
2009-07-20 04:13:00 -
Swap Spreads Widen a Second Day as Investor Risk Aversion Falls - Bloomberg
July 20 (Bloomberg) -- Swap spreads widened for a second day as benchmark Treasury yields were little changed and equities extended last week’s gains, reducing the refuge appeal of government debt. The difference between the two-year swap rate and ...
2009-07-20 11:20:00 -
Citizens South Banking Corporation Announces Second Quarter 2009 ... - Earthtimes
GASTONIA, N.C., July 20 -- Citizens South Banking Corporation (Nasdaq: CSBC), the holding company for Citizens South Bank, announced financial results for the second quarter ended June 30, 2009. The Company reported net income of $55,000, or $0.01 ...
2009-07-20 02:55:00 -
Securities Class Action Filings Nosedive in Second Quarter - Law.com
The report, released Monday, identifies 87 federal securities class actions filed in the first half of 2009, a 22.3 percent decline from the 112 filings in the first half of 2008 (there were also 112 filings in the second half of last year). Of the ...
2009-07-20 09:50:00 -
Labour & Greens Launch Inquiry Into Bank Behaviour - Voxy
Labour & Greens Launch Inquiry Into Bank BehaviourVoxyThe recent Reserve Bank Report on Funding Costs and Margins highlighted growing bank spreads, especially for floating rate mortgages. ...
2009-07-20 06:48:13 -
Galway Parade walks on the dark side - Irish Times
Galway Parade walks on the dark sideIrish Times1979, the year of the pope's visit, when women couldn't get mortgages, were different times, she said, and since then "this beautifully restored theatre has ...
2009-07-20 07:28:43 -
Tuesday Look Ahead: Earnings May Trump Bernanke - CNBC
Tuesday Look Ahead: Earnings May Trump BernankeCNBCEconomists do not expect the Fed chairman to say much new about that program, under which the Fed buys Treasurys and mortgages. Atlanta Fed President Dennis ...and more »
2009-07-20 07:48:49 -
CIT Bondholders Agree to Finance $3 Billion Rescue - Bloomberg
CIT Bondholders Agree to Finance $3 Billion RescueBloombergThe lender's setbacks included losses on home mortgages, student loans and credit to commercial customers. CIT has $1 billion of floating-rate notes due ...and more »
2009-07-20 07:51:05 -
Chapter 7 bankruptcies spike in Mass. - Fall River Herald News
Chapter 7 bankruptcies spike in Mass.Fall River Herald News“And people get these adjustable mortgages, where the first few years they pay $1500 a months, but when that changes that payment swells to $2200 and they ...and more »
2009-07-20 07:52:08 -
Some bailout firms up lobbying spending in 2Q - The Associated Press
Some bailout firms up lobbying spending in 2QThe Associated PressMorgan Stanley's lobbying costs jumped to $830000 from $540000 in the first three months of the year, and $690000 in the second quarter of 2008. ...and more »
2009-07-20 08:11:13 -
CIT announces $3bn bondholder bailout - Times Online
CIT announces $3bn bondholder bailoutTimes Online... and medium-sized enterprises in the US, but also ventured into riskier areas such as student credit and sub-prime mortgages during the credit boom. ...and more »
2009-07-20 08:20:40