Mortgage and Financial News From 2008-8-3 Page 9
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DeLauro comes to Stratford, talks about foreclosure rescue plan - TriVallyCentral
No one needs a local weekly newspaper to inform them of the tragic and scary foreclosure crisis that has been rolling back and forth across the country, crushing the poor, toppling the rich and wreaking havoc with what was once the stalwart center of ...
2008-08-01 12:51:00 -
Is borrowing from my 401(k) a good idea? - Boston Globe
What do you think about taking a loan against my 401(k) (which is performing abysmally)? My 401(k) plan does allow me to take out a loan, and because I have to pay the interest to myself (around 10%) it seems like a way to indirectly "up" the amount ...
2008-07-30 05:54:00 -
PPR - $.0320 July Dividend - MSN MoneyCentral
ING Prime Rate Trust was the first Fund to invest in a portfolio of floating rate senior bank loans. The Trust seeks to provide as high a level of current income as is consistent with the preservation of capital. The Trust is managed by ING ...
2008-08-01 01:05:00 -
4 more banks hike lending, deposit rates - Hindustan Times
Four more public sector banks on Monday joined market leader State Bank of India and others to hike lending and deposit rates following another bout of monetary tightening by the country's central bank. Allahabad Bank said it has decided to increase ...
2008-08-02 12:36:00 -
Luck of lottery retailers in Canada scrutinized - St. Petersburg Times
Some politicians are questioning the good fortune of members of an Ontario family who were lottery retailers and won 167 prizes worth more than $1.2-million (U.S.) in nine years. But officials of the Ontario Lottery and Gaming Corp. say it appears to ...
2008-08-02 03:42:00 -
Just check the Star Tribune to keep track of prime rate - Minneapolis Star Tribune
A 529 plan assures that money goes for college UGMA cash can transfer into a 529 plan With savings accounts, more isn't wrong, but one's enough Term life insurance is the low-cost best bet for most people There's a 'do-over' for deciding when to take ...
2008-08-02 01:54:00 -
Fitch Ratings Affirms CSFB 2001-CK1 - PR Inside
- Fitch Ratings affirms Credit Suisse First Boston (CSFB) Mortgage Securities Corp.'s commercial mortgage pass-through certificates, series 2001-CK1, as follows: --$461.8 million class A-3 at 'AAA'; --Interest-only class A-X at 'AAA'; --Interest-only ...
2008-07-31 03:15:00 -
At the water cooler - Courier-Journal
High fuel prices are enough reason to avoid buying shares of FedEx or UPS , analysts at Morgan Stanley wrote last week, adding that changes to air shipping patterns could be far-reaching. Slowing economic growth and oil staying around $125 per barrel ...
2008-08-03 01:21:00 -
Banks' unhappy anniversary - Guardian Unlimited
'Some of our bankers had shown themselves either incompetent or dishonest in their handling of the people's funds. They had used the money entrusted to them in speculations and unwise loans.' So said Franklin D Roosevelt in March 1933, in the wake of ...
2008-08-02 08:21:00 -
Spanish group to sell stake in HSBC's Canary Wharf headquarters - The Independent
Goldman Sachs has been instructed to sell a stake in HSBC tower, the landmark skyscraper in Canary Wharf, to help pay off a £810m loan on the building, writes Mark Leftly. Metrovacesa, the Spanish property giant, racked up the debt when it took the ...
2008-08-02 03:56:00 -
The housing rescue legislation hits home - Medford Mail Tribune
CHICAGO — One of the highlights of the housing bill signed by President Bush on Wednesday is a tax credit of up to $7,500 for first-time home buyers. But read a little closer and it doesn't seem quite as appealing for buyers: that credit has to be ...
2008-08-03 01:50:00 -
In Hindsight: Relief for valley real estate, Yahoo's Jerry Yang - Silicon Valley
In Hindsight uses Google several dozen times a day, and we hear Yahoo, Microsoft and even Ask.com have their own search services. Some Google alumni, though, seem to think we need another way to search the Internet, so they've launched Cuil.com ...
2008-08-03 01:29:00 -
Spain's Solbes sees ECB holding rates, no recession - Guardian Unlimited
MADRID, Aug 3 (Reuters) - Spanish Economy Minister Pedro Solbes on Sunday said in a newspaper interview that he expected the European Central Bank to keep interest rates on hold. "The ECB is more concerned about inflation and that trend will also ...
2008-08-03 01:50:00 -
Volatility looming as Wall St eyes Fed, oil (Gulf Times)
NEW YORK: Wall Street could be in for more volatility next week as investors brace for a new batch of key earnings reports and the US Federal Reserve’s assessment of the economy.
2008-08-02 10:50:20 -
Taiwan dollar leads slide in currencies (Gulf Times)
SINGAPORE: Taiwan’s dollar fell, leading declines in Asian currencies this week, on speculation the central bank will seek a weaker exchange rate to aid exporters as the US economy slows.
2008-08-02 10:50:51