Mortgage and Financial News From 2008-8-3 Page 12
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Letters, meeting among Stilwell clues on Daniels View project (The News-Press)
As an investigator looks into whether Lee County Manager Don Stilwell lied to his bosses about ties to a Daniels Parkway land deal, among the clues...
2008-08-02 10:18:38 -
In a loan meltdown, hard lessons (The Sarasota Herald-Tribune)
In June of 2006, Sarasota developer Michael Tringali defended the property flips he engaged in with his former partner, Neil Mohamed Husani, in a single sentence: "Nobody was hurt by these deals."
2008-08-02 10:23:20 -
Lifferth explains role in Culbertson fraud case (Provo Daily Herald)
In the face of swirling rumors, Eagle Mountain Councilman David Lifferth is clarifying his role in the fraud case against his former political nemesis, Richard Culbertson.
2008-08-03 12:05:34 -
State regulator assesses the mortgage mess (The Oregonian)
Kirsten Anderson quit her practice in family law and went to work for Oregon's Division of Finance and Corporate Securities in 1999 in part because she'd had her fill of nasty divorce and custody battles.
2008-08-03 12:06:01 -
Our view: Real crisis is the lack of regulation (The Alexandria Town Talk)
The federal response to the nation's misnamed housing crisis will help some people get out of a legitimate tough spot, but it will do nothing to fix the underlying causes of the problem. Those causes are complex to the 100th power. The response -- a $300 billion bailout -- is simple and overtly political. Even we, the dumb taxpayers, understand that.
2008-08-03 12:50:25 -
INDYMAC UNIT EYED FOR FRAUD (New York Post)
The federal investigation into mortgage fraud at IndyMac Federal Bank has expanded into the company's Homebuilder Division, according to a bank executive interviewed by the FBI and FDIC. Investigators have seized 2005-06 construction loan audit...
2008-08-03 01:28:45 -
Nevada may take page from Calif. mortgage relief law (Reno Gazette-Journal)
Nevada might follow California's footsteps in enacting foreclosure legislation that requires meetings between lenders and at-risk homeowners, stronger tenant protection and beefed up blight prevention.
2008-08-03 01:49:11 -
Exceptional ECB meeting to leave interest rates alone, analysts say - Turkishpress.com
European Central Bank head Jean-Claude Trichet. The European Central Bank holds an exceptional meeting this month amid signs of persistent market turmoil, but analysts expect interest rates to stay on hold even though the eurozone might be stumbling ...
2008-08-02 10:01:00 -
News Focus: Central bank expected to raise key rate - Antara Interactive
Jakarta (ANTARA News) - The central bank, Bank Indonesia (BI), is expected to raise further its benchmark interest rate by 25 basis points to 9.0 percent this month following monthly and year-on-year inflationary pressures in July which reached 1.37 ...
2008-08-02 09:18:00 -
Fed to leave rates unchanged - The Australian
A POWERFUL US central bank panel, led by Federal Reserve chairman Ben Bernanke, is widely expected to keep its key interest rate unchanged in the coming week amid growing economic uncertainty. Most economists are betting that the Federal Open Market ...
2008-08-02 10:15:00 -
Friday, August 1 - News.com.au
TWO childcare workers have been charged after allegedly threatening a four-year-old boy with knives and slamming him into a wall as a lesson in "discipline". IT took thuggish bouncers in Greece just a few seconds to destroy the life of Sydney man ...
2008-08-02 10:01:00 -
Terry McCrann - News.com.au
THE economy has changed suddenly and sharply. It points to a very different 2009. For starters, prepare for official interest rate cuts NOW. A VERY strange coalition has formed to oppose Reserve Bank interest rate rises, both the ones we've had ...
2008-08-02 09:40:00 -
Fixed or floating rate of interest - Financial Express
I have been working for the last three years and my monthly salary is Rs 24,000. I want to pursue higher education and will be requiring a loan of Rs 2.5 lakh. Please let me know what would be the EMI and the rate of interest on this loan amount ...
2008-08-02 09:25:00 -
Federal Reserve meets on rate policy Tuesday - Boston Globe
The Commerce Department is expected to report that factory orders for June rose 0.6 percent following a 0.7 percent increase in the prior month. Healthcare giant Humana Inc. releases second-quarter financial results. Wall Street expects earnings of ...
2008-08-02 09:40:00 -
Bank likely to reject rate cut - Guardian Unlimited
Interest rates will remain unchanged on Thursday as the Bank of England's Monetary Policy Committee tries to balance rising inflation with a sagging economy, writes Ruth Sunderland. The Observer-New Star interest rate predictor suggests that four ...
2008-08-02 08:21:00