Mortgage and Financial News From 2008-4-3 Page 5
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Geithner Says Markets Still `Impaired,' Urges Action (Update4) (Bloomberg.com)
April 3 (Bloomberg) -- New York Federal Reserve Bank President Timothy Geithner said capital markets are still ``substantially impaired'' and policy makers and financial industry leaders must ``act forcefully'' to stem the crisis.
2008-04-03 12:57:47 -
New York Fed chief Geithner's view of Bear Stearns deal (Market Watch)
Following is the text of remarks that Timothy Geithner, president of the New York Federal Reserve Bank, delivered before the Senate Banking Committee, as provided by the Fed.
2008-04-03 09:24:21 -
Mortgage Fraud Prevention (KOAT Albuquerque)
If it sounds too good to be true—it probably is! Never sign a blank document or a document containing blanks. This leaves you vulnerable to fraud. Don’t sign anything you don’t understand.
2008-04-03 10:08:27 -
Which bank lets the others take the lead? (News Interactive)
IF YOU'RE after the highest variable home loan rate in the land, then it's time to step into a St George Bank branch.
2008-04-03 10:24:44 -
Real estate Web site Zillow launches mortgage site (Dallas Morning News)
NEW YORK – Armed with market research that showed Americans spend as much time researching a vacation as they do a mortgage loan (answer: five hours), Zillow.com is launching a mortgage marketplace that allows consumers to anonymously receive custom loan quotes and rate their lenders.
2008-04-03 10:31:33 -
Beefed up mortgage broker regs aim to increase consumer confidence (Investment Executive)
With the current crisis in the U.S. mortgage market still stirring up the industry south of the border, here at home Ontario is in the midst of making sweeping changes to its mortgage broker legislation. Some in the industry say it’s about time.
2008-04-03 10:59:39 -
Short Silver (GoldSeek.com)
*** Want a sure bet? Bet on deleveraging…the only place where deflation and inflation make common cause… *** So many foreclosures, so little time…apartment sales in Manhattan are at an 18-year low - but prices are still higher than ever!
2008-04-03 11:45:34 -
Community National Bank takes on HomeBanc name (BizJournals)
CNBS Financial Group Inc., holding company of Community National Bank of the South, will change its name to HomeBanc.
2008-04-03 12:02:27 -
Lombard Finance has links to Blue Chip (The New Zealand Herald)
Many struggling investors in failed property investment company Blue Chip have loans with a company which is linked to Lombard Finance.
2008-04-03 12:34:27 -
European Union to Review Britain’s Rescue of Bank (NYTimes.com via Yahoo! Finance)
The European Commission opened a formal investigation into the bailout of Northern Rock, a process expected to set a precedent on government aid in the European Union.
2008-04-03 12:40:30 -
U.S. Stocks Rise; S&P 500 Reaches 5-week High as Merrill Gains (Bloomberg.com)
April 3 (Bloomberg) -- U.S. stocks rose as commodity producers rallied and Merrill Lynch & Co. said it has sufficient capital to weather credit losses, overpowering earlier declines sparked by a jump in unemployment claims and loan delinquencies.
2008-04-03 12:42:59 -
Taiwan lifts certificate of deposit rates (Reuters via Yahoo! Singapore News)
TAIPEI, April 1 - Taiwan's central bank said on Tuesday it had raised the interest rate on 30-day certificates of deposit to 2.06 percent from 2.04 percent, after it lifted its benchmark discount rate by 12.5 basis points.
2008-03-31 05:57:07 -
Credit union could help you find good savings rates (USA Today)
Rates on credit union CDs, often called share certificates, are often higher than rates on bank CDs. Several credit unions are offering 4% or higher for one-year share certificates, according to Bankrate.com.
2008-03-31 08:54:15 -
INDICATORS - Lebanon - Updated April 1 (Reuters via Yahoo! Malaysia News)
BEIRUT, April 1 - Below is a table of the latest Lebanese economic statistics.
2008-04-01 12:31:51 -
REVIEW OF BANKING AND MONETARY DEVELOPMENTS (Asia Pulse via Yahoo!7 Finance)
Statistics
2008-04-01 07:14:40