Mortgage and Financial News From 2008-4-22 Page 3
Previous Day: 2008-04-21
Return to the mortgage news archive home.
-
U.S. Fed: Help wanted (Canadian Business)
Senator Chris Dodd probably doesn’t ring the recognition bell of many Canadians. If known at all, it is probably as white male roadkill in the Democratic Party’s presidential nomination race. But unlike Hillary Clinton or Barack Obama, he already holds considerable power over the world.
2008-04-22 09:43:39 -
BoE's 50 bln pound plan 'very positive' for mortgage market - CML UPDATE (The Forex Market)
LONDON (Thomson Financial) - The Bank of England's 50 billion pound lifeline to money markets should be "very positive" for the mortgage market, the Council of Mortgage Lenders (CML) said.
2008-04-22 09:47:16 -
Dollar slumps to new record low versus euro (IWon - Money)
FRANKFURT, Germany (AP) — The euro roared to another record high Tuesday, crossing $1.60 in late afternoon trading in Europe after a pair of ECB governors said high inflation may cause the bank to raise interest rates.
2008-04-22 09:51:25 -
(AFX UK Focus) 2008-04-22 17:48 GMT: Stocks decline as oil rises, Street examines earnings (Interactive Investor)
NEW YORK (AP) - Wall Street pulled back Tuesday as the price of oil approached $120 a barrel and a rush of quarterly results from bellwethers like AT&T Corp., DuPont and McDonald's Corp. failed to impress investors. The Dow Jones industrials shed more than 100 points.
2008-04-22 09:52:12 -
U.S. Home Prices Tumble (Forbes)
Sales of existing homes fall in March, along with home values.
2008-04-22 09:54:43 -
NSF Advisory Committee for Education and Human Resources Meeting (SpaceRef)
NSF Advisory Committee for Education and Human Resources Meeting: Education and Human Resources Programming
2008-04-22 07:37:06 -
SunTrust decline continues in first quarter (BizJournals)
SunTrust Banks Inc.'s net income fell about 44 percent in the first quarter, as the company continued to take a beating from the housing crisis and credit crunch and had to increase its provision for loan losses.
2008-04-22 07:39:17 -
Report: Foreclosure-fighting efforts need help (The Business Journal of the Greater Triad Area)
Mortgage lenders are doing more to help troubled borrowers avoid losing their homes but are barely keeping pace with the increase in the foreclosure rate, according to a new national report prepared with the help of North Carolina officials.
2008-04-22 07:44:13 -
US March existing home sales down 2.0 pct to 4.93 mln vs 4.95 mln seen UPDATE (The Forex Market)
WASHINGTON (Thomson Financial) - The US housing sector continued to show weakness, as sales of previously owned homes in the US fell again last month after rising slightly in February,the National Association of Realtors (NAR) said today.
2008-04-22 07:47:16 -
Fannie Mae, Freddie Mac get accounting warning (Silicon Valley/San Jose Business Journal)
With the cleanup of $11 billion in accounting errors barely out of their rear-view mirror, Fannie Mae and Freddie Mac are getting a new warning about how they keep their books. (FNM) (FRE)
2008-04-22 08:07:03 -
Gold Supported as Euro Nears 1.60 (GoldSeek.com)
April 22, a.m. ( USAGOLD ) -- Gold is underpinned within the recent range as the euro firms on hawkish ECB comments. Oil continues to trend higher as well, setting a new record above $118 bbl and offering additional support for the yellow metal.
2008-04-22 08:35:44 -
PruProtect pays 20 per cent more (Money Marketing Online)
PruProtect boosted the commission on its severity-based critical illness cover product by 20 per cent last week to reward advisers for taking the time to study it. ...
2008-04-22 08:40:14 -
SEC's Cox says new regulations for credit rating agencies coming soon (The Forex Market)
WASHINGTON (Thomson Financial) - The Securities and Exchange Commission will introduce a new set of regulations aimed at increasing the accountability of credit rating agencies, making the agencies more transparent, and increasing competition within the credit rating industry.
2008-04-22 08:47:26 -
Paterson Threatens Hiring Freeze (R News)
Governor David Paterson says he will impose a hiring freeze on state agencies if his cost-saving targets are not met. Paterson wants a detailed savings plan from each agency by May 16th as well as a freeze on non-essential hiring.
2008-04-22 04:31:28 -
Motocyclist Injured in Seneca County Crash (R News)
Mercy Flight airlifted a Seneca County man to the hospital after his motorcycle crashed into another vehicle in Waterloo Monday afternoon. It happened on Routes 5 and 20 around 12 p.m. Sheriff's deputies say Kyle O'Connors, 21, of Waterloo rear-ended a pickup truck stopped at an intersection.
2008-04-22 04:31:40