Mortgage and Financial News From 2008-6-13 Page 7

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  • Tips to saving your home - Fort Lauderdale Sun-Sentinel

    Homeownership Preservation Foundation is a nonprofit organization that offers round-the-clock help. It provides trained counselors -- in conjunction with state, local and federal government agencies -- to offer personal assistance to homeowners ...
    2008-06-13 12:56:00
  • It's a (auction) block party (Deseret Morning News)

    Some signs of struggle in Utah's housing market were on full display Thursday at one of the first large-scale bank foreclosure auctions held in the state this year, and the first ever by Ogden-based Centennial Bank.
    2008-06-12 11:20:05
  • Sens. Dodd, Conrad tied to special mortgage deals (Miami Herald)

    Senate Banking Committee Chairman Christopher Dodd reportedly received two mortgages under a special Countrywide Financial Corp. program that gave preferential interest rates to "friends" of the company's chairman.
    2008-06-13 08:20:31
  • Rising oil prices are on a slippery slope to disaster - Times Online

    When hauliers blocked the streets of London, Gordon Brown flew to Aberdeen to talk to Britain's oil bosses. Less than a month later, tanker drivers are threatening further chaos and the Prime Minister wants to fly to Saudi Arabia to talk to Opec. The ...
    2008-06-13 05:07:00
  • French finance minister criticises ECB on interest rates - Daily Telegraph

    French finance minister, Christine Lagarde, has attacked the European Central Bank's push towards higher interest rates despite slowing economic growth in the eurozone. Christine Lagarde Speaking at the Group of Eight finance ministers meeting in ...
    2008-06-13 02:58:00
  • Former Sun editor to challenge Davies in byelection - Wandsworth Guardian

    Former editor of the Sun and Weybridge resident Kelvin MacKenzie is considering running against the recently resigned shadow home secretary David Davis in a forthcoming byelection. Davis resigned his Haltemprice and Howden seat in Yorkshire, forcing ...
    2008-06-13 05:28:00
  • Rate hike: it's time to save - Daily News

    Consumers will have to cut their spending and try to live within their means after yet another interest rate hike. Reserve Bank governor Tito Mboweni yesterday announced an increase in the repo rate of 50 basis points, meaning prime interest rates ...
    2008-06-13 01:39:00
  • Rand reels over repo rate rise (Cape Argus)

    Home owners breathed a slight sigh of relief that the Reserve Bank only raised interest rates by half a percentage point yesterday, but the rand plummeted from R8.01 to R8.13 to the United States dollar in less than a second on the news.
    2008-06-13 05:25:21
  • Saudi real estate sector to get $180bn in investment (Zawya)

    13 June 2008 More than $180 billion (Dh660 billion) will be invested in Saudi Arabia's real estate sector, as demand for residential units will cross 1.3 million units in the next seven years, according to a new report.
    2008-06-13 06:26:34
  • SBA’s Patriot Express Loan Initiative delivers $150 million to veterans and military community (The Times and Democrat)

    WASHINGTON – In just under a year’s time, the U.S. Small Business Administration’s Patriot Express Pilot Loan Initiative approved more than $150 million in loan guarantees to nearly 1,500 veterans and their spouses who are using the SBA-guaranteed funds to establish and expand their small businesses.
    2008-06-13 06:46:24
  • Battered consumers tighten belts again (Independent Online)

    South Africans have woken up in a country where the cost of living is just a little bit more expensive.
    2008-06-13 07:02:22
  • UPDATE: EBF To Review Euribor Contributor Panels (Nasdaq)

    (Updates with more details.) LONDON -(Dow Jones)- The European Banking Federation said Friday that its Euribor steering committee will review the composition of the panel of banks, which create its Euribor interbank money market rate for the euro and could enlarge it.
    2008-06-13 07:23:30
  • UBS says Thai Bourse remains attractive in spite of flight of foreign investors (The Nation - Thailand's English news)

    Thailand's early exit from oil-price subsidy schemes makes it better able to deal with the rising....
    2008-06-13 07:27:54
  • Foreclosures plunge in Maryland, Virginia, rise in D.C. (The Washington Examiner)

    Nationwide, foreclosures surged more than 7 percent in May, but foreclosures dropped dramatically in Maryland and Virginia after a spike in both states the month before.
    2008-06-13 07:30:53
  • Polish Fin Min: Ctrl Bk Head's Delay Responsible For CPI Rise (INO News)

    WARSAW (Dow Jones)--Poland's Finance Minister Jacek Rostowski, facing an opposition no-confidence motion in parliament, lashed out at the country's central bank president for failing to take timely steps to fight inflation.
    2008-06-13 07:38:44