Mortgage and Financial News From 2008-1-15 Page 33

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  • Intel Posts Record Quarterly Revenue - TMC Net

    Intel Posts Record Quarterly RevenueTMC Net, CT - 5 minutes agoThe tax rate expectation is based on current tax law and current expected income. The tax rate may be affected by the jurisdictions in which profits are ...
    2008-01-15 03:46:37

  • Australian consumer sentiment sours in January - Ninemsn

    Australian consumer sentiment sours in JanuaryNinemsn, Australia - 5 minutes agoThe Reserve Bank of Australia (RBA) raised interest rates in both August and November last year, seeking to cool the economy and contain inflation. ...
    2008-01-15 03:47:09

  • Australia Probably Added 20,000 Jobs, Longest Run Since 1980 (Bloomberg.com)

    Jan. 16 (Bloomberg) -- Australian employment probably rose in December, the longest run of monthly job gains since 1980, worsening a labor shortage that is fanning inflation and may force the central bank to raise borrowing costs next month.
    2008-01-15 03:02:09

  • House Set to Vote on Payday Loans (New Hampshire Public Radio)

    The New Hampshire House is expected to vote on legislation that would limit how much interest so-called payday lenders can charge. Supporters argue tighter restrictions are needed because the loans trap poor people in an endless cycle of debt. Lenders argue that if lawmakers go too far, it could drive the industry out of the state.
    2008-01-15 03:05:26

  • Central banks inject liquidity (Straits Times)

    NEW YORK - GLOBAL central banks on Tuesday provided relief to money markets by offering liquidity to financial institutions, but huge losses at Citigroup reminded investors that the credit crisis was far from over.
    2008-01-15 03:05:52

  • Pessimism infiltrates Kiwi economy (TVNZ)

    Latest figures show pessimism about the economy is becoming more widespread.
    2008-01-15 03:07:54

  • Chancellors should give up changing the world (Times Online)

    The Treasury has been transformed out of all recognition over the past 20 years. It now has an active social and industrial agenda and targets.
    2008-01-15 03:08:04

  • Fitch Rates Pasadena Water & Power's $65MM Electric Revs 'AA-'; Outlook Stable (Business Wire via Yahoo! Finance)

    NEW YORK----Fitch Ratings assigns an 'AA-' rating to Pasadena Water and Power's $65 million City of Pasadena, California electric revenue bonds series 2008. Fitch also affirms its 'AA-' rating on PWP's $121.7 million of outstanding electric revenue bonds.
    2008-01-15 03:26:00

  • Consumer sentiment index falls 8.3% (AAP via Yahoo!Xtra News)

    Rising interest rates, higher petrol prices and ongoing volatility in financial markets have been blamed for a slump in consumer sentiment.
    2008-01-15 03:37:12

  • Consumer sentiment index falls 8.3% (The West Australian)

    Rising interest rates, higher petrol prices and ongoing volatility in financial markets have been blamed for a slump in consumer sentiment. The Westpac-Melbourne Institute Consumer Sentiment Index fell by 8.3 per cent in January to 103.1 index points, from 112.5 in December, a survey shows.
    2008-01-15 03:41:29

  • Venezuela Lawmaker Expects New Banking Law Within Three Months (Bloomberg.com)

    Jan. 15 (Bloomberg) -- Venezuelan President Hugo Chavez will probably issue a decree with new regulations for the banking industry within three months, said lawmaker Rafic Souki, a member of the ruling coalition.
    2008-01-15 03:47:09

  • N. Rock boss "reasonably confident" on private deal

    Reuters UK - ... he was still "reasonably confident" the embattled mortgage ... hundreds of small investors gathered in the bank's home town of Newcastle, northeast England, to vote on hedge fund proposals to restrict board powers and on key appointments to the lender ...
    2008-01-15 08:59:00

  • Thornburg sells $212 million in stock to fund mortgage originations

    CNBC - SANTA FE, N.M. - Mortgage lender Thornburg Mortgage Inc. said Tuesday it sold $212 million in shares and intends to use the ... struggling to find funding for mortgages they originate as banks become reluctant to back loans to the struggling home ...
    2008-01-15 04:20:00

  • CapLease Posts Answers to Frequently Asked Questions on Web Site

    Forbes - The page, which can be accessed through a link on the home page, provides answers to frequently asked ... property we will typically finance part of the purchase price by obtaining a 10-year fixed rate first mortgage loan from an institutional lender ...
    2008-01-15 02:00:00

  • Short Sales Save The Day

    Morning News - In this short sale, the couple paid $135,000 for their home in Pea Ridge. Nine months later, the lender, Countrywide Mortgage, accepted a $125,000 offer, writing off the $10,000 difference in the outstanding mortgage, Briolat said. "If we hadn't had ...
    2008-01-15 11:22:00

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