Mortgage and Financial News From 2008-3-11 Page 7
Previous Day: 2008-03-10
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The Big Question: Why are public finances in such bad shape, and how can they be rescued? (Independent)
Why are we asking this now?
2008-03-11 05:08:31 -
Chancellor ‘must weather economic storm’ in Budget (The Herald)
Andrew Woodcock Chancellor Alistair Darling must use today's Budget to prepare for a possible "perfect economic storm" over the next few years, Liberal Democrat Treasury spokesman Vince Cable has warned.
2008-03-11 05:12:00 -
Marks & Spencer has defied management norms to promote chief executive Stuart Rose to executive chairman, extending ... (The Herald)
Scots air travellers face price rises following a dramatic increase in landing fees at Heathrow and Gatwick airports over the next five years. Shares in Bovis Homes shed 12% yesterday after the housebuilder warned of falling home sales if the Bank of England does not cut interest rates.
2008-03-11 05:14:57 -
Weir Group has £300m of firepower for acquisitions (The Herald)
Weir Group chief executive Mark Selway yesterday revealed he is preparing to splash out another £300m on acquisitions as he continues to refocus the Glasgow-headquartered company on the booming mining, power generation and oil and gas industries.
2008-03-11 05:15:10 -
Where Either a Borrower Or a Lender Can Be (WallStreet Journal via Yahoo! Finance)
Small-business owners and entrepreneurs, facing tightfisted bank lenders, are increasingly turning to person-to-person online lending networks -- a fringe world of tiny loans that are expected to help fuel rapid growth.
2008-03-11 05:21:31 -
Paula Jones: Market news (Independent)
GOING UP...
2008-03-11 05:21:46 -
Read Gulfport Mayor Brent Warr's State of the City Address (WLOX-TV Biloxi)
Good evening and thank you for coming tonight. I would like to thank Principal Mike Lindsey and his staff, Superintendant Glenn East, and the school board for opening their doors to us tonight. We have wonderful schools in Gulfport.
2008-03-11 05:33:35 -
Advertisement starts (Tiscali)
Suisse in New York. "It doesn’t take away the credit crunch because deleveraging will still have to take place. But this will make it a more orderly process."
2008-03-11 05:37:48 -
Body identified as Evesham man who jumped from bridge
Courier-Post - ... 20 minutes after calling police and asking them to check on his wife in their Atlanta Drive home ... The 59-year-old mortgage banker was the executive vice president for Fieldstone Mortgage company, the now-bankrupt but once-flourishing lender based in ...
2008-03-11 01:17:00 -
Malls, Offices May Slump Less Steeply Than Homes
Wall Street Journal - Countrywide Financial Corp., the nation's largest home lender, which accounts for about a fifth of U.S. mortgage-loan volume, recorded $2.29 billion of provisions for loan losses in 2007, up from $233.8 million a year earlier.
2008-03-09 10:02:00 -
More Money For Mortgages
WKRC - The Federal Reserve made a move today that could affect families that need a home mortgage. ... In December, 30 year mortgage rates were 5.8 percent. On January 22 ... one local lender said he had 30 year mortgages for 5 and a quarter percent for ...
2008-03-11 01:53:00 -
FBI checks out the truth of Countrywide's statements on quality of ...
Times Online - The FBI is investigating whether Countrywide, America's biggest mortgage lender, lied to shareholders and regulators about the ... of bonds and other securities backed by mortgages before their true valuations came to light in the wake of the home ...
2008-03-09 02:53:00 -
Latest News
dBusinessNews.com - Allied Home Mortgage Capital Corporation Opens New Branch Office in Westerville WESTERVILLE -- Allied Home Mortgage Capital ... Stephan President of OIC Lender Services COLUMBUS -- The Board of Directors of Ohio Indemnity Company,
2008-03-11 08:31:00 -
Stocks may fall anew on recession fears
Reuters South Africa - Investing Home ... about the survival of Thornburg Mortgage Inc (TMA.N: Quote , Profile , Research ) increased on Friday after the mortgage lender said ...
2008-03-09 04:04:00 -
Group Helps Homeowners Facing Foreclosure
KPHO - Is there anything you can do to keep your home? There's a group helping people who are facing that ... People who are over two months behind in their mortgage will probably get a letter from their lender," says the agency's Kevin Murphy.
2008-03-11 10:26:00
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