Mortgage and Financial News From 2008-8-6 Page 8
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Top Scoops (Scoop.co.nz)
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2008-08-05 12:14:53 -
New York Mortgage Trust Reports Second Quarter 2008 Results - CNBC
NEW YORK, Aug 04, 2008 /PRNewswire-FirstCall via COMTEX/ -- New York Mortgage Trust, Inc. (the "Company" or "NYMT") (Nasdaq: NYMT), a self-advised real estate investment trust (REIT) engaged in the investment in and management of Agency mortgage ...
2008-08-03 05:56:00 -
Repossession has to be the last resort, FSA warns lenders - Guardian Unlimited
Mortgage lenders could face heavy fines or be barred from particular markets as part of a regulatory crackdown on firms that put excessive pressure on home owners falling behind on loan repayments. The Financial Services Authority issued its warning ...
2008-08-06 01:32:00 -
Economy has own mind (Seattle Times)
The Federal Reserve's most aggressive rate-cutting campaign in decades so far has failed to lift the country out of its economic doldrums...
2008-08-06 12:26:46 -
‘Cut of just ¼% would be boost’ (icWales)
The Bank of England will make its latest decision on interest rates tomorrow. Here Aled Blake asks business people in Wales what they would like the MPC to do
2008-08-06 01:00:37 -
Fed holds steady; signals no rush to raise rates (ABS-CBNNEWS.com)
WASHINGTON - The Federal Reserve held US interest rates steady on Tuesday, expressing concerns about both economic growth and inflation and indicating it is in no rush to push borrowing costs higher.
2008-08-06 01:31:58 -
U.K. Consumer Confidence Drops the Most Since 2004 (Update1) (Bloomberg.com)
Aug. 6 (Bloomberg) -- U.K. consumer confidence fell the most in at least four years in July after house prices slumped, unemployment rose and inflation accelerated, Nationwide Building Society said.
2008-08-06 01:40:57 -
Asian Stocks Head for Biggest Gain Since April; Toyota Rises (Bloomberg.com)
Aug. 6 (Bloomberg) -- Asian stocks rallied the most in more than three months, led by automakers and electronics manufacturers, on speculation lower oil will slow inflation and spur consumer spending.
2008-08-06 02:05:02 -
District 158 growth slows, gives educators breathing room (Northwest Herald)
HUNTLEY – For the first time this century, District 158’s kindergarten class noticeably could be smaller than the previous year’s enrollment.
2008-08-06 02:18:28 -
At Freddie Mac, Chief Discarded Warning Signs (The Hendersonville Times-News)
A 2004 memo warned of problematic loans at the mortgage giant, but the questionable practices continued, a former chief risk officer said.
2008-08-06 02:22:04 -
Nikkei Jumps Over 300 Points above 13,000 as Fed Relieves Investors (Japan Corporate News)
Tokyo, Aug 6, 2008 (Jiji Press) - The key Nikkei stock average soared past 13,000 on the Tokyo Stock Exchange Wednesday with a gain of over 300 points as the Federal Reserve's view of the U.S. economy reassured investors and ignited a share buying binge around the globe.
2008-08-06 02:24:07 -
AP Financial NewsBrief at 5:13 a.m. EDT (INO News)
WASHINGTON (AP) _ For a second straight meeting, the Federal Reserve has decided to remain on the sidelines and leave interest rates alone.
2008-08-06 02:39:10 -
(AFX UK Focus) 2008-08-06 10:25 TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 BST (Interactive Investor)
2008-08-06 08:37:13 INSTANT VIEW 1-Spain industrial output falls 9.0 pct yr/yr
2008-08-06 02:54:23 -
Web Extra: Digging Out of Debt - CNBC
April dug herself out of debt, but she managed to get back into the hole after buying a home. Now she's wondering if she should refinance her house to pay off her credit card debt or find another way to pay it off. Watch the video to see what Carmen ...
2008-08-04 05:41:00 -
Logan on-time arrival rate lags most large US airports - Boston Globe
The nation's largest airlines landed 70.8 percent of flights on time in June, an improvement from 68.1 percent in June 2007, but worse than the 79 percent rate this May. New England airports pulled down the average of on-time arrivals, which the ...
2008-08-05 09:15:00