Mortgage and Financial News From 2008-7-29 Page 11
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World Trade talks reportedly collapse (Channel 4)
Krishnan here with the newsroom latest... Everything up in the air at the moment as we're checking out reports that the World Trade talks in Geneva have collapsed.
2008-07-29 10:00:16 -
Financial Analysts Seem Dreary at Annual Conference (HispanicBusiness.com)
If you saw dark clouds drifting from St. Charles last week, they were probably coming from the dreary mood at the CFA Institute's annual investment seminar for professional investment managers.
2008-07-29 10:07:31 -
US Fed: Rates Likely To Stay At 2%, But Don't Expect The Hawkish Commentary To Stop (Daily FX)
The Federal Reserve’s most recent Beige Book report summarized the current economic and financial situation best, as it noted rising price pressures, slowing growth, and tightening credit. However, many individual FOMC members have focused more on the inflation issue.
2008-07-29 10:21:05 -
Home prices drop record 16% (CNNMoney.com via Yahoo! Finance)
May home prices dropped a record 15.8% from a year ago, according to the S&P/Case-Shiller Home Price Index of 20 cities. It was the 22nd consecutive month of decline recorded by the index.
2008-07-29 10:27:00 -
XL's Out Of The Frying Pan, Anyway (Forbes)
Plan to divest SCA stake requires serious shareholder dilution.
2008-07-29 10:31:46 -
Anworth Schedules Conference Call to Announce Quarterly Earnings (Centre Daily Times)
Anworth Mortgage Asset Corporation (NYSE:ANH) announced today that it will release results for the second quarter of 2008 on Tuesday, August 5, 2008.
2008-07-29 10:41:16 -
Business summary - Cincinnati.com
West Chester-based Peoples Community Bancorp said Monday that it has worked out a forbearance agreement with a key lender. The bank owes $17.5 million on a line of credit that matured June 30. The new agreement extends the repayment period in order ...
2008-07-29 02:25:00 -
Business Briefs: New Gaylord credit line will refinance debt - Nashville Tennessean
Nashville-based Gaylord Entertainment Co. said Monday that it has entered into a $1 billion line of credit to refinance debt and fund its business plan. The agreement allows for $300 million of revolving credit and a $700 million loan, Gaylord said ...
2008-07-29 12:02:00 -
Mortgages: New on the market - This is Money
Predictions of buy-to-let's demise continue but landlords are refusing to listen. Halifax has followed the lead of rivals by cutting mortgage rates It will lower its two-year fixed rate loans by 0.1% and its five-year fixed rates by 0.15%. Its two ...
2008-07-29 07:54:00 -
Rate1st is Proud to Announce the Launch of New Lending Website - NAMC Newswire
SANTA ANA, CA , (NAMC) - Rate1st, Americas premier online lending resource is proud to announce the launch of a new online consumer and business lending website, www.Rate1st.com. In addition to the features of the old site, the new site will provide ...
2008-07-29 05:16:00 -
S&T Bank to Open New Branch in Wexford and Expand into One of ... - Forbes
INDIANA, Pa., July 29 /PRNewswire-FirstCall/ -- S&T Bank (Nasdaq: STBA), a full-service financial institution with branch locations in 10 Pennsylvania counties, is preparing for a strategic expansion into one of the Pittsburgh region's fastest ...
2008-07-29 09:13:00 -
Housing bailout act has help for more than just struggling owners - USA Today
Are you planning to buy a house this year? Are you frustrated because you can't deduct property taxes? Are you a retired homeowner who needs extra cash? If you answered "yes" to any of those questions, keep reading. Over the weekend, the Senate ...
2008-07-28 05:42:00 -
Presidential candidates tread economic quicksand - International Herald Tribune
WASHINGTON : Presidential candidates John McCain and Barack Obama were turning their attention again to the political quicksand of the slumping U.S. economy, the No. 1 concern among American voters and one that can endanger even the most sure-footed ...
2008-07-29 07:25:00 -
UK Mortgage Market Review Rules Out Fannie, Freddie-Type Agency - CNN Money
LONDON -(Dow Jones)- A much-awaited review of the beleaguered U.K. mortgage market will say Tuesday that the government shouldn't establish a government mortgage agency similar to U.S. firms Fannie Mae (FNM) and Freddie Mac (FRE) and that it remains ...
2008-07-28 04:16:00 -
Seminole notebook: Aquatic Center to screen movie poolside - St. Petersburg Times
Seminole Aquatics will host a poolside movie screening. Admission for the movie is included in the price to swim at the pool ($1.50 for child members, $2 for adult members, $3 for child guests, and $4 for adult guests). Open to members of Seminole ...
2008-07-29 08:51:00