Mortgage and Financial News From 2008-2-16

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  • Delicate balance between development and ecology - GulfNews

    Delicate balance between development and ecologyGulfNews, United Arab Emirates - 1 hour agoSome studies expect an increase in consumption rates in light of the economic and industrial boom that the UAE, and Abu Dhabi in particular, is witnessing. ...
    2008-02-16 02:19:37

  • Sops tax payers are hoping for in this budget - Economic Times

    Sops tax payers are hoping for in this budgetEconomic Times, India - 59 minutes agoHe needs to balance out many factors including reducing government spending, controlling interest rates etc. Fiscal deficit, a major factor contributing to ...
    2008-02-16 03:00:50

  • Saudi to mull forex policy as more US rate cuts loom - Gulf Times

    Saudi to mull forex policy as more US rate cuts loomGulf Times, Qatar - 51 minutes agoThe Fed has lowered the federal funds rate 225 basis points since September, including 125 basis points last month alone. Interest rate cuts and the weak US ...
    2008-02-16 03:08:28

  • Weekly Review and Outlook − Dollar Weakened on Recession Fear - FXstreet.com The Foreign Exchange Market

    Weekly Review and Outlook − Dollar Weakened on Recession FearFXstreet.com The Foreign Exchange Market, Spain - 28 minutes agoAs the week closed, interest rates futures show a 68% chance Fed will lower its target for overnight lending between banks by 0.5 bps to 2.5% at its next ...
    2008-02-16 03:31:48

  • REC: Invest at cut-off (The Hindu)

    REC’s robust financial profile and attractive pricing make this offer commendable to investors.
    2008-02-16 11:58:05

  • Resident wants tighter rules on title lenders (O'Fallon Journal)

    Jim Pepper, a local activist and Charter Rule Commission candidate, spoke out Jan. 24 against allowing another title loan company to open in northern O'Fallon.
    2008-02-16 11:58:12

  • Jumbo-sized budget for A.P. (The Hindu)

    Significant tilt towards welfare and poverty alleviation programmes
    2008-02-16 01:09:58

  • BRIEFLY NORTHWEST

    Register-Guard - Mortgage lender posts increase in home loan delinquencies LOS ANGELES — Countrywide Financial Corp. said Friday that home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments. The nation’s ...
    2008-02-16 09:26:00

  • Lender says foreclosures in a climb

    Houston Chronicle - LOS ANGELES — Countrywide Financial Corp. said Friday home loan delinquencies and foreclosures rose in January as more borrowers struggled to make their mortgage payments. The nation's largest mortgage lender and servicer said loan delinquencies as ...
    2008-02-14 03:54:00

  • Mortgages for the bonus kings

    Times Online - As banks tighten home loan criteria for the wealthy, Investec has seized its ... Bank, owned by the South African bank, Investec, last week promoted a mortgage ... Charcol said: “The rates won’t be as competitive as with a main-stream lender ...
    2008-02-16 12:53:00

  • When 'good' mortgages go bad

    Minneapolis Star Tribune - A fresh round of mortgage misery is lurking in the suburbs: Beginning next year ... many middle-class Americans, a pileup of debt that -- coupled with declining home ... Now, $400 billion in option ARMs are lighting up lender charts as the next wave of ...
    2008-02-16 02:48:00

  • What to do if you're about to lose your home

    News.com.au - A ) There are plenty of ways of cutting costs that should be explored with your lender before getting too far into ... Q ) Property prices in our area are falling so, even if we are evicted from our home because of mortgage arrears, the sale of the ...
    2008-02-16 02:55:00

  • Unlock super in dire straits

    News.com.au - To stop the bank or mortgage lender repossessing the family home, super fund members can apply to the Australian Prudential Regulation Authority with a letter from their lender confirming that, if a payment is not made, the house will be repossessed ...
    2008-02-16 10:51:00

  • Unlock super in dire straits - Melbourne Herald Sun

    Unlock super in dire straitsMelbourne Herald Sun, Australia - 9 hours agoTo stop the bank or mortgage lender repossessing the family home, super fund members can apply to the Australian Prudential Regulation Authority with a ...
    2008-02-16 06:05:02

  • Countrywide, AMD Drop In MSCI Indexes - IndexUniverse.com

    Countrywide, AMD Drop In MSCI IndexesIndexUniverse.com, NY - 7 hours agoIts returns sank nearly 79% last year as its subprime (nonconforming)-dominated portfolio led to widespread speculation the nation's leading mortgage lender ...
    2008-02-16 08:27:20

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