Mortgage and Financial News From 2008-1-4 Page 11

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  • Apple, Google Slide; Reports Weigh on Computer Stocks (Update1) - Bloomberg

    Apple, Google Slide; Reports Weigh on Computer Stocks (Update1)Bloomberg - 6 hours agoThe industry weathered the collapse in subprime mortgages better than most last year. Analysts including Shaw Wu at American Technology Research in San ...
    2008-01-04 01:54:04

  • House prices in Scotland see fastest rises in UK - The Herald

    House prices in Scotland see fastest rises in UKThe Herald, UK - 3 hours agoThe figures coincided with reports of a three-year low in the number of mortgages approved for people moving home during November last year, ...
    2008-01-04 04:02:36

  • The Appetite for Securities Turns Less Hearty - New York Times

    The Appetite for Securities Turns Less HeartyNew York Times, United States - 2 hours agoThat reflects the fact that the federal agencies are gaining market share in mortgages, with the Wall Street securitization machine no longer functioning ...
    2008-01-04 05:49:01

  • Bush Seeks Stimulus Package - HoweStreet.com

    Bush Seeks Stimulus PackageHoweStreet.com, Canada - 37 minutes agoNational City Bank Slashes Dividend National City Corp., a Cleveland bank that barreled into originating subprime mortgages and the go-go Florida ...
    2008-01-04 07:22:26

  • PRESS DIGEST - Financial Times - Jan 5 - Reuters UK

    PRESS DIGEST - Financial Times - Jan 5Reuters UK, UK - 6 minutes agoMore than one million borrowers are estimated to be coming off fixed-rate mortgages and will be forced to sign up for more expensive deals. ...
    2008-01-04 07:53:36

  • Banks turn up interest rate pain (Canberra Times)

    Australia's main banks are likely to follow National Australia Bank's lead and raise interest rates in coming days, and the Reserve is expected to push them even higher next month.
    2008-01-04 02:41:58

  • Japanese Bonds Gain for Second Week as Stock Slump Lures Buyers (Bloomberg.com)

    Jan. 5 (Bloomberg) -- Japan's 10-year bonds advanced for a second week as a slump in global stocks attracted investors to the relative safety of government debt.
    2008-01-04 03:36:11

  • House prices in Scotland see fastest rises in UK (The Herald)

    House price growth in Scotland was the fastest of anywhere in the UK in the final months of last year, according to the latest statistics. Scottish homeowners saw their properties rise in value by 1.8% during the final quarter of 2007, the Nationwide Building Society said yesterday.
    2008-01-04 04:15:30

  • Newly-renovated courthouse offices provide better conditions for employees as well as for patrons (Greene County Daily World)

    The new year looks bright to those who work in the offices of the Greene County Assessor, Auditor, Recorder and Treasurer. During the last phases of construction on the courthouse, all of these offices were crammed together into tight temporary quarters in one corner of the building.
    2008-01-04 05:30:06

  • The Appetite for Securities Turns Less Hearty (NYTimes.com via Yahoo! Finance)

    The underwriting totals for late 2007 reveal just how hard life became for those charged with selling new securities on Wall Street.
    2008-01-04 07:39:48

  • Real Estate Matters: Call lender before it starts foreclosing

    Baltimore Sun - ... me how she had lost her job and used up all her savings to keep making her mortgage ... mean that the missed payments will be added to the loan amount, or that the interest ... A partial claim may only be available on certain loans and in limited ...
    2008-01-04 03:46:00

  • Xstrata shares rise as speculation grows of Vale offer

    Daily Telegraph - ... it was in "dialogue with a number of parties covering a range of topics of mutual interest such ... most City analysts as they are convinced that the comments from the home builders "can only worsen". "We think it prudent to take the view that mortgage ...
    2008-01-04 03:24:00

  • Get in the savings habit

    Times Online - ... Many people assume that if they invest £100 a month for a year at 12 per cent, they will earn gross interest of £144. In reality, only ... are considered a Premier customer, meaning that you have £50,000 of investments with the bank, or a mortgage ...
    2008-01-04 04:00:00

  • Payrolls up only 18,000 in December; jobless rate at 5%

    USA Today - The central bank has cut a key interest rate by a full percentage point to 4.25% since last fall, as rising foreclosures in the high-cost subprime sector of the mortgage market have exploded ... noted that payrolls stayed in positive territory only ...
    2008-01-04 07:39:00

  • Weak Job Growth Numbers Prompt Stock Selloff

    New York Times - The unemployment rate surged to 5 percent in December as the nation added only ... the bad news seemed severe enough to force the Federal Reserve to again cut interest ... Spooked by vast mortgage losses and general business uncertainty, banks around the ...
    2008-01-04 02:06:00

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