Mortgage and Financial News From 2008-1-3 Page 8

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  • Legislature Stakes Out New Priorities; Contention Continues (The Post-Journal)

    1/4/2008 - ALBANY — The Legislature is staking out its new top priorities as the 2008 session nears, but the same acrimony that led the unraveling of handshake deals in 2007 was clear this week.
    2008-01-03 09:29:36

  • The Free Market Myth Dissolves into Chaos

    OpEdNews.com - So far, Congress has shown only cursory interest in the details. The Bush administration is spinning the mess as a subprime mortgage problem lest the public figure out that a $1 Trillion unregulated market has blown up under ...
    2008-01-03 03:47:00

  • U.S. Treasury Notes Increase Before December Payrolls Report

    Bloomberg - ... are favoring short-maturity debt as they increase bets the Federal Reserve will cut interest rates. ``We may have seen the worst of the mortgage ... The Treasury market has it right because we're starting to see signs that it's not only a ...
    2008-01-03 01:09:00

  • Jeremy Warner's Outlook: Energy bills add to squeeze on incomes

    The Independent - The Bank needs a backdrop of falling inflation to justify the lower interest rates ... to the squeeze on disposable incomes that will result from increases in mortgage ... Only the banking sector seems to match the deterioration in earnings outlook ...
    2008-01-03 04:30:00

  • FSA to get power to shut failing banks

    Guardian Unlimited - ... enhanced deposit protection scheme that will not only ... latest credit conditions survey also showed that mortgage defaults are likely to increase. More than a million borrowers will come off cheap fixed-rate deals this year and will face higher interest ...
    2008-01-03 05:06:00

  • News Minute: Iowa caucuses...New Jersey's electoral votes...Winter ...

    WDAM-TV - The Latest in House and Home House & Home Main Today's Mortgage Rates Money This Week in Money Money Home For Small Businesses Credit ... But the bill would only kick in if enough other states endorse the idea. WASHINGTON (AP) - The CIA was reportedly warned in ...
    2008-01-03 03:47:00

  • Darling Plans More Intervention Powers for UK Bank Regulators - Bloomberg

    Darling Plans More Intervention Powers for UK Bank RegulatorsBloomberg - 4 hours agoThe Newcastle-based mortgage lender tapped the Bank of England for an emergency line of credit in September after the collapse of the US subprime mortgage ...
    2008-01-03 04:54:37

  • FSA to get power to shut failing banks - Guardian Unlimited

    FSA to get power to shut failing banksGuardian Unlimited, UK - 4 hours agoIts latest credit conditions survey also showed that mortgage defaults are likely to increase. More than a million borrowers will come off cheap fixed-rate ...
    2008-01-03 04:58:21

  • Xstrata shares rise as speculation grows of Vale offer - Telegraph.co.uk

    Xstrata shares rise as speculation grows of Vale offerTelegraph.co.uk, United Kingdom - 3 hours agoLast month, Xstrata admitted it was in "dialogue with a number of parties covering a range of topics of mutual interest such as industry consolidation". ...
    2008-01-03 05:24:07

  • Get A Big Jump On Your Return: Sort Deductions - Investor's Business Daily (subscription)

    Get A Big Jump On Your Return: Sort DeductionsInvestor's Business Daily (subscription) - 3 hours agoThey include medical and dental bills, state and local taxes, mortgage and investment-related interest. They also include charity, casualty losses, ...
    2008-01-03 05:39:25

  • Jeremy Warner's Outlook: Energy bills add to squeeze on incomes - Independent

    Jeremy Warner's Outlook: Energy bills add to squeeze on incomesIndependent, UK - 3 hours agoThe Bank needs a backdrop of falling inflation to justify the lower interest rates that have to be pushed through to deal with the consequences of the ...
    2008-01-03 05:40:17

  • Bush Ponders Move to Bolster Economy - New York Times

    Bush Ponders Move to Bolster EconomyNew York Times, United States - 2 hours agoThe Fed cut interest rates three times last year, and minutes of its most recent meeting show that some of its members believe rates may have to be cut ...
    2008-01-03 06:59:43

  • Assembly Proposes Help for Subprime Borrowers - WXXA

    Assembly Proposes Help for Subprime BorrowersWXXA, NY - 1 hour agoThousands of New York homeowners are facing foreclosure as their subprime mortgage interest rates rise. (Marc Jackson) State Assembly leaders are hoping to ...
    2008-01-03 07:07:32

  • State Street Corp. Is Sued Over Pension Fund Losses - New York Times

    State Street Corp. Is Sued Over Pension Fund LossesNew York Times, United States - 1 hour agoOne fund lost 28 percent of its value during the credit troubles in the summer after placing big bets on mortgage-related securities, according to the ...
    2008-01-03 07:22:19

  • Irish group pension funds lost €5.5 billion over the last 7 months ... - FinFacts Ireland

    Irish group pension funds lost €5.5 billion over the last 7 months ...FinFacts Ireland, Ireland - 1 hour agoSubsequently, however, concerns over sub-prime mortgage lenders in the US came to dominate equity markets. The problem arose due to rising interest rates ...
    2008-01-03 07:54:05

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