Mortgage and Financial News From 2008-2-10

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  • Masters of the universe prepare for the sequel: The Empire Strikes ... - Times Online

    Masters of the universe prepare for the sequel: The Empire Strikes ...Times Online, UK - 2 hours agoJust as the arguments around capital gains tax and transparency were reaching fever pitch, along came the sub-prime mortgage meltdown in the United States ...
    2008-02-10 01:38:46

  • 11-February-08 by Anna Moreau and AAP - WA Business News (subscription)

    11-February-08 by Anna Moreau and AAPWA Business News (subscription), Australia - 1 hour agoA leading economist has warned that official interest rates could hit 8 per cent by the end of the year, delivering mortgage holders double-digit rates on ...
    2008-02-10 02:10:22

  • Starting Now: Where credit is due - Modesto Bee

    Starting Now: Where credit is dueModesto Bee, CA - 1 hour agoBy TAMI LUHBY , Newsday Three years ago, he sent in his monthly mortgage payment as usual, but it got lost in the mail. He thought the problem was history ...
    2008-02-10 02:31:35

  • Fed Interest Rate Cuts Will Not Be Enough - Global Politician

    Fed Interest Rate Cuts Will Not Be EnoughGlobal Politician, NY - 48 minutes ago... and without those, insurance companies, mutual funds and other private investors will not again buy mortgage-backed securities created by Wall Street's ...
    2008-02-10 02:51:58

  • Property vs shares - where should you invest? - NEWS.com.au

    Property vs shares - where should you invest?NEWS.com.au, Australia - 37 minutes agoMr Pabst said typically people who owned property in new estates in the outer fringes were at greater risk of mortgage stress. Rising interest rates could ...
    2008-02-10 03:03:16

  • Criminalizing Capitalism - City Journal

    Criminalizing CapitalismCity Journal, NY - 34 minutes agoAccounting’s immutable imperfections are apparent in today’s mortgage mess. After Enron, the feds set up a new quasi-governmental agency, the Public Company ...
    2008-02-10 03:06:18

  • ABN AMRO: BHP Billiton Limited – RIO bid on the table - egoli.com.au

    ABN AMRO: BHP Billiton Limited – RIO bid on the tableegoli.com.au, Australia - 24 minutes agoThe FTSE +1.0% on Friday as miners and oil companies gave the index a boost. Late in the session, the blue chip index staged a recovery after US markets ...
    2008-02-10 03:15:39

  • Markets, Commodities Mixed On New Debt fears (Australasian Investment Review via Yahoo!7 Finance)

    It won't be the most confident of starts today for markets, although rises Friday night in the prices of lead, copper, wheat, sugar and oil will help offset an easier tone from US and worries in Europe about corporate debt defaults. US stocks retreated, sending the market to its first weekly decline since mid-January, as concern that corporate defaults will increase outweighed gains in ...
    2008-02-10 01:45:00

  • Developers are only interested in the luxury end. Weve just forgotten affordable housing (Express India)

    Deepak Parekh is the chairman of HDFC, which has made it possible for a large section of the middle class to buy their own houses. He's also a man the government hears out on matters of financing and land regulation.In an interview with The Indian Express Editor-in-Chief Shekhar Gupta on NDTV 24x7's Walk the Talk, Parekh speaks about his belief that interest rates and commercial land prices will ...
    2008-02-10 02:03:47

  • Russia hints sovereign wealth funds to invest in Japan (Channel NewsAsia)

    TOKYO - Russian sovereign wealth funds may start investing in Japanese financial products, Finance Minister Aleksey Kudrin told his Japanese counterpart Fukushiro Nukaga on Sunday.
    2008-02-10 02:24:29

  • Tag: standalone (ZDNet Australia)

    In response to what it claims is "popular demand", Microsoft has introduced a standalone version of its contacts and email package, Outlook, the company announced on Wednesday.
    2008-02-10 02:59:43

  • Man helped found, save Air Force base (The Advocate)

    HEATH — Persistence, study and a can-do attitude have defined Wally Horton’s life. And Horton, 90, who helped found and later save the former Newark Air Force Base, has helped define Licking County.
    2008-02-10 03:35:33

  • Property - time to take care out there

    New Zealand Herald - Mortgage broker Sue Tierney, who is also president of the Auckland Property Investors' Association (APIA), says: "We don't like it but we get used to it." But sustained high rates are making it more difficult for investors to make their numbers add up ...
    2008-02-10 07:09:00

  • Love is blind for Alsatian puppy Chance and Louis the cat - the ...

    Daily Mail - Mr Crossman, a mortgage broker, said looking after a blind pet has its own particular challenges. "You have to be his eyes and ears, using voice commands to encourage and guide him. "You just have to be a bit more aware of what they are up to and ...
    2008-02-10 01:29:00

  • Experts urge following these tips to stave off foreclosure - Monroenews.com

    Experts urge following these tips to stave off foreclosureMonroenews.com, MI - 14 hours agoAs soon as you are going to miss your first mortgage payment, contact your lender. If you obtained your loan through a mortgage broker, ask your broker for ...
    2008-02-10 01:13:32

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