Mortgage and Financial News From 2008-8-26 Page 8
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The Debt Capitals Of America (Forbes)
Consumer credit problems are a worry across the U.S. these days. In these 10 cities it's a crisis.
2008-08-26 03:32:29 -
Big firms sponsor parties for Democrats in Denver (The Economic Times)
Invited Democrats can bat a ball at the stadium of Denver's baseball team and see hip-hop star Kanye West perform. In Pics: Democratic National Convention
2008-08-26 03:39:28 -
Turmoil not to hit investment banks in Asia and Mideast - Business24-7
Investment banks in the emerging world are set to withstand the turmoil that has left their counterparts in the developed nations with reduced revenues and operating losses as the global economy slumps, says a new report. Even in the worst case ...
2008-08-23 08:10:00 -
Why bank loans may be tougher to get - Triangle Business Journal
RALEIGH – Numbers don’t lie, and if one starts looking closely at the numbers posted by North Carolina community banks, businesses across the state may have to get used to having their applications for loans and other financial instruments ...
2008-08-24 08:38:00 -
What Will Mac ?n? Mae Cost You and Me? (New York Times)
Up and down Fannie?s and Freddie?s capital structure, debt and equity holders want to know how a bailout would affect them.
2008-08-24 07:51:59 -
Tapu Misa: Pacific worker scheme a no-brainer (The New Zealand Herald)
I'm very fond of the seasonal worker scheme that lets Pacific Islanders work in the country's vineyards and orchards for up to seven months of the year, and not just because it helps to pay my mortgage (the Tongan in the household being an agent of the Tongan government for such matters, and even occasionally getting paid for his troubles when the Treasury is so disposed).
2008-08-24 10:30:05 -
Freddie Mac Monthly Volume Summary: July 2008 (PR Newswire via Yahoo! Finance)
The following is being issued by Freddie Mac :
2008-08-26 05:30:00 -
TAX-NEWS.COM (Tax-News.com)
New Zealand's Revenue Minister, Peter Dunne, has announced this week that the prescribed rate used to calculate the country's fringe benefit tax (FBT) on low-interest, employment-related loans will rise from 10.57% to 10.90% from the 1st of October this year.
2008-08-26 07:57:25 -
Scotiabank earnings top $1 billion in solid third quarter (PR Newswire via Yahoo! Finance)
Earnings per share of $0.98 compared to $1.02 last year and
2008-08-26 08:23:00 -
UK new home loans languish near record low in July - Guardian Unlimited
LONDON, Aug 26 (Reuters) - British mortgage approvals for house purchases remained near a record low in July and the British Bankers' Association said there was no sign yet of a property market recovery. The BBA said mortgage approvals totalled 22 ...
2008-08-26 05:26:00 -
Mortgage approvals tumble as consumers shun debt - Daily Telegraph
The economic downturn has seen a dramatic reduction in the number of mortgages approved as consumers show an increasing reluctance to take out loans and a determination to tackle their credit card debt. Figures released on Tuesday showed that the ...
2008-08-26 06:38:00 -
Thornburg Mortgage 2nd-quarter profit jumps - Forbes
Troubled mortgage lender Thornburg Mortgage Inc. said late Monday that its profit increased by more than five times in the second quarter, due to big one-time gains from the sale of assets and decreases in the fair value of certain items. Shares more ...
2008-08-26 06:23:00 -
New home loans near record low - International Herald Tribune
LONDON : Approvals for new home loans fell 65 percent on a year ago in July to hold near a record low and the British Bankers' Association said on Tuesday it was not expecting a housing market recovery soon. The survey added to evidence pointing to a ...
2008-08-26 05:26:00 -
Brand Mortgage Group Selects Sollen Technologies to Provide Product ... - Forbes
Sollen Technologies, an Internet-based application services provider of product, pricing and best execution capabilities for the mortgage industry, has been chosen by Duluth, Ga.-based Brand Mortgage to use its loan pricing and pipeline management ...
2008-08-26 07:06:00 -
Financial Winners & Losers: Freddie Mac (TheStreet.com)
Housing prices may be turning around, new data release Tuesday showed, boosting shares of Fannie Mae and Freddie Mac.
2008-08-26 12:55:56