Mortgage and Financial News From 2008-3-1 Page 01

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  • Margin loans and short selling explained

    News.com.au - This is where the prime brokerages and custodians come into the picture. ... The answer is, for the fee income, in the form of an interest-rate return.
    2008-03-01 12:05:00

  • PREVIEW-HK Jan retail sales seen up 18.5 pct yr/yr

    Reuters - ... interest rates, a Reuters survey shows. Hong Kong is tied to U.S. monetary policy because its currency is pegged to the U.S. dollar. In January it followed two U.S. rate cuts within the space of just over a week, with Hong Kong banks slashing prime ...
    2008-02-29 02:36:00

  • Swan says growth might slow

    The Australian - Mr Swan declined to comment on Tuesday's Reserve Bank meeting which is tipped to produce yet another interest rate rise. ... He said he would do all he could to ensure the result wasn't a recession, as occurred when former Labor Prime Minister ...
    2008-03-01 05:09:00

  • Here's a list of my achievements, boasts PM

    News.com.au - PRIME Minister Kevin Rudd has conceded his government is not perfect. But to mark its first 100 days in office on Monday ... Dr Nelson said since Labor had won power the country had also suffered two interest rate rises – "one official, one unofficial ...
    2008-02-29 04:09:00

  • FM may ask banks to raise credit, lower interest rates

    Hindustan Times - ... with Congress MPs, the Finance Minister was asked to take effective steps to contain inflation, besides bring down interest rate ... government has little room to provide relief to farmers except announce a debt relief package, as indicated by Prime ...
    2008-02-28 08:31:00

  • Radian Group Notes S&P Downgrade of Radian Insurance

    Forbes - ... traditional mortgage insurance or financial guaranty insurance policies; the performance of our insured portfolio of higher risk loans, such as Alt-A and sub-prime loans, and adjustable rate products, such as adjustable rate mortgages and interest ...
    2008-02-29 08:56:00

  • Rell changes mortgage crisis program

    Greenwich Time - The interest rate for the CHFA loans also has been decreased from the original 6.25 percent to 6 percent. And Rell and CHFA are selecting additional lenders besides the current trio of Webster Bank, New Alliance Bank and McCue Mortgage.
    2008-03-01 12:29:00

  • The New America High Income Fund, Inc. Declares Dividend

    MSN MoneyCentral - ... dividend reflects lower net income available for distribution to common stockholders due to a reduced contribution to earnings from the Fund's leverage and a related interest rate swap. In late summer 2007, as the consequences of the sub-prime ...
    2008-02-29 01:21:00

  • Aggressive Fed rate cuts carry risks: ECB economist

    Globe and Mail - Since September last year, after the crisis of the U.S. sub-prime mortgage sector broke over the summer, the Fed has slashed its Fed Funds rate from 5.25 per cent to 3.0 per cent.
    2008-02-29 09:10:00

  • Credit crunch clamping down hard

    AZCentral.com - Paul O'Neill, owner of New You Counseling Centers in Mesa, recently had trouble getting one of the large banks in Arizona to reduce the interest rate on his unsecured business line below prime plus 3.75 percent despite steady payments and a high ...
    2008-03-01 10:02:00

  • Rate rises failing to curb inflation

    News.com.au - THE fight against inflation threatens to hijack Kevin Rudd's second 100 days in power. There are deep-seated fears inside the Government that the drivers of inflation are resistant to interest rate rises and Budget spending cuts. The Prime Minister ...
    2008-02-29 07:16:00

  • Subprime woes have heavy impact on minorities (InsideNoVa.com)

    WASHINGTON — A house. A yard. A fence. It’s supposed to be the American dream. But for some black and Hispanic homeowners, the dream has been cut short with the rude awakening that can come with costly subprime loans.
    2008-03-01 07:52:09

  • Fighting inflation will be painful: Rudd (Australian Broadcasting Corporation)

    Prime Minister Kevin Rudd has warned that Australians might feel pain as a result of efforts to fight inflation.
    2008-03-01 08:14:39

  • Home builders: Region avoids market pitfall (Williamsport Sun Gazette)

    Many people in the home building industry say central Pennsylvania has avoided the hard times that have befallen the housing market in other parts of the country.
    2008-03-01 09:13:36

  • Mortgage lawsuit may have big effect (Milwaukee Journal Sentinel)

    A mortgage dispute between a giant Maryland bank and a Cedarburg couple has grown into a closely watched federal court...
    2008-03-01 09:30:26

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