Mortgage and Financial News From 2008-7-11 Page 13
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Hot money may tap A-share market in H2 (China Daily)
International speculative funds, or hot money, may swoop into the A-share market in the second half of this year and boost the sagging stock index, according to a recent report from Bank of China (BOC).
2008-07-11 02:31:28 -
11.89pc Inflation rises: RBI to increase rates (Chennai Online)
New Delhi, July 11. Inflation soared to 11.89 per cent for the week ended June 28, adding to the woes of the consumers who are paying higher prices for fruits and vegetable, pulses and edible oils.
2008-07-11 02:40:53 -
BUSINESS IN BRIEF 11/7 (Vietnam Net)
The Petrolimex Group Commercial Joint Stock Bank (PG Bank) has announced it would issue 1 trillion VND worth of three and six month promissory motes at an annual interest rate of 18.6 percent.
2008-07-11 02:46:33 -
Govt must demand explanation for bank rate hikes: Nelson (Australian Broadcasting Corporation)
The Federal Opposition says the Prime Minister must demand an explanation from the banks over their latest interest rate hikes.
2008-07-11 02:58:12 -
Senate Housing Bill Moves Toward Passage - Washington Post
A massive package of housing legislation that seeks to rescue hundreds of thousands of homeowners in danger of foreclosure while shoring up confidence in struggling mortgage giants Fannie Mae and Freddie Mac cleared a final procedural hurdle in the ...
2008-07-10 09:38:00 -
U.S. Adopts Capitalism Lite for Housing Bailout: Caroline Baum - Bloomberg
July 11 (Bloomberg) -- It's been a challenge to keep current on the U.S. government's efforts to help homeowners facing foreclosure. Between official testimony and speeches, between politicians' promises and legislative compromises, some of the ...
2008-07-11 12:37:00 -
NLF | Jags' Jones arrested on drug charge - Seattle Times
FAYETTEVILLE, Ark. — Jacksonville wide receiver Matt Jones faces a felony drug charge in his former college town after police say he was inside a car cutting up cocaine with a credit card. Jones, a star quarterback at Arkansas, and two others were ...
2008-07-11 12:01:00 -
Australian gaming group Crown eyes US$ bond-source - CNBC
SYDNEY, July 11 (Reuters) - Australian gaming group Crown Ltd
2008-07-10 10:57:00 -
Martinsa Fadesa asks creditors for waiver on loan - Reuters
MADRID, July 11 (Reuters) - Spanish property company Martinsa Fadesa (MFAD.MC: Quote , Profile , Research , Stock Buzz ) on Friday said it had asked creditor banks to waive until August 7 a requirement for it to obtain a loan for 150 million euros as ...
2008-07-11 01:20:00 -
Home Front: Loan prepayment penalty angers borrowers (The Sacramento Bee)
When Carol Wallace sold her Sun City Roseville home two years ago, she got an expensive reminder from her lender. When an illness forced Carol Wallace to sell her Roseville home, she was required to pay almost $6,000 for early payment of her adjustable rate mortgage.
2008-07-11 12:24:56 -
Florida foreclosures up 92 percent (Sun-Sentinel)
More homeowners in Broward, Palm Beach finding themselves 'upside down' Home foreclosures continue to multiply in South Florida and the rest of the nation, and analysts say the crisis likely won't ease until next year at the earliest.
2008-07-11 12:26:08 -
Foreclosure crisis sees a sliver of good news (The News Journal)
People squinting for any sign of improvement in the battered housing and credit markets were rewarded Thursday with a glimmer of good news.
2008-07-11 12:49:24 -
MORTGAGE MONSTERS (New York Post)
THE stock of mortgage giants Freddie Mac and Fannie Mae fell sharply this week. The drop not only shows how far they've fallen in investors' esteem - it calls into question both how the government regulates the companies and plans in Congress to...
2008-07-11 01:05:10 -
Smithfield directors buy more shares (Daily Press)
The company's stock has hit five-year lows, spurring a few insiders to purchase shares on the open market. Smithfield Foods board members apparently think the recent beating the market has given to the company's stock price was excessive.
2008-07-11 01:13:00 -
Foreclosures up 53 percent in June (The Washington Times)
ASSOCIATED PRESS
2008-07-11 01:23:09