Mortgage and Financial News From 2008-5-13 Page 3
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Australian Budget Rewards Voters Who Ousted Howard (Update1) (Bloomberg.com)
May 14 (Bloomberg) -- Australia's first budget under Prime Minister Kevin Rudd rewarded low-income earners who returned the Labor Party to power after 11 years in opposition by showering them with tax cuts and eliminating benefits for the wealthy.
2008-05-13 04:06:46 -
News from the Pennsylvania General Assembly (Centre Daily Times)
TUESDAY, MAY 13, 2008
2008-05-13 04:45:42 -
Market report / Strauss stock dips despite expansion plan (Haaretz Daily)
Tel Aviv stocks ended yesterday's session fairly flat, with the TA-25 index finishing unchanged at 1,083 points and the TA-100 index adding 0.1%, inching up to 1,012 points. Total turnover was in the range of normal at NIS 1.8 billion.
2008-05-13 05:17:32 -
Triad Guaranty reports Q1 loss (Insurance Business Review)
Triad Guaranty, a provider of private mortgage insurance coverage, has reported a net loss of $150 million for the first quarter of 2008, compared with a net income of $17.3 million for the same quarter of 2007.
2008-05-13 06:21:46 -
Hooksett vote results, zoning warrants, May 13, 2008 (The Hooksett Banner)
Zoning warrant articles: Article 2 Amendment 1: This would amend the Hooksett Zoning Ordinance, Article 7, Section B.3. Density Limitations a), Elderly, Older Person and Handicapped Housing: The Zoning Board of Adjustment may allow a density of six (6) dwelling units per acre overall for a single development. Soil conditions, slope, the suitability of the land for such construction, or its ...
2008-05-13 06:25:11 -
Mortgage lending tumbles despite BoE's efforts - Daily Telegraph
Mortgage lending may deteriorate further despite the Bank of England's latest efforts, the Council of Mortgage Lenders warned today, as it revealed that new lending has now tumbled nearly 50pc, compared to last year. Gloom gathers over the UK's ...
2008-05-13 09:04:00 -
Minister reveals housing fears in briefing gaffe - Guardian Unlimited
House prices are expected to fall by at least 5-10% in real terms this year, the housing minister, Caroline Flint, was briefed to tell the cabinet yesterday - but she also admitted she did not know if the fall could be far worse. With the government ...
2008-05-13 03:45:00 -
Mortgage in trouble? How Congress wants to help - CNN Money
NEW YORK (CNNMoney.com) -- Politicians in Washington are busy arguing about the financial and moral hazards of coming to the aid of troubled homeowners. But overshadowed by the debate over a proposal to let the government back risky mortgages is one ...
2008-05-13 09:40:00 -
FBI warns mortgage fraud is increasing - MSNBC
WASHINGTON - The sinking U.S. housing market is fertile ground for mortgage fraud, the FBI warned in a new report. The agency said Tuesday that reports of suspected mortgage fraud rose 31 percent to 46,717 in fiscal 2007, which ended Sept. 30, 2007 ...
2008-05-13 04:06:00 -
IndyMac slides after analyst says needs capital - Reuters
NEW YORK (Reuters) - Shares of IndyMac Bancorp Inc (IMB.N: Quote , Profile , Research ) fell as much as 22.5 percent to an all-time low on Tuesday after an analyst said the independent mortgage lender needed to raise significant capital. Friedman ...
2008-05-13 02:47:00 -
Fitch to Rate Nelnet Student Loan Trust 2008-4; Issues Presale - Forbes
--$290,000,000 senior series class A-1, 'AAA'; --$489,000,000 senior series class A-2, 'AAA'; --$139,000,000 senior series class A-3, 'AAA'; --$399,260,000 senior series class A-4, 'AAA'; --$40,740,000 subordinate series class B, 'A'. For more ...
2008-05-13 02:12:00 -
RPM's Senior Convertible Notes Due 2033 to Accrue Contingent Cash ... - MSN MoneyCentral
MEDINA, Ohio, May 13 /PRNewswire-FirstCall/ -- RPM International Inc. RPM announced today that for the period of May 14, 2008 to November 13, 2008, its Convertible Notes due 2033 (Securities) will, subject to the terms of the Securities, accrue ...
2008-05-13 01:14:00 -
Fed's Yellen looks ahead to rate increases - Guardian Unlimited
VANCOUVER, British Columbia, May 13 (Reuters) - U.S. interest rates have now been cut to the right level to bolster the economy and will need to be raised in a timely fashion as growth picks up, San Francisco Federal Reserve Bank President Janet ...
2008-05-13 01:07:00 -
Hopes of more interest rate cuts in doubt as inflation surges to 3% - Times Online
The soaring cost of fuel and food triggered the sharpest jump in inflation for nearly six years last month, sending its headline annual rate to 3 per cent in a blow to hopes for more cuts in interest rates. Mervyn King, the Governor of the Bank of ...
2008-05-13 02:12:00 -
Budget 'should help with rates pressure' - News.com.au
PRIME Minister Kevin Rudd said his Government's first Budget should help keep interest rates under control. Federal Treasurer Wayne Swan last night handed down a larger than expected $21.7 billion surplus for 2008-09 after the Government's "razor ...
2008-05-13 02:12:00