Mortgage and Financial News From 2008-4-10 Page 4
Previous Day: 2008-04-09
Return to the mortgage news archive home.
-
Chaos Chronicled (GoldSeek.com)
“Men haven’t changed much in the last 2,000 years and, in consequence, we must still learn from history.” – Kenneth Clark, “Civilisation” “You shouldn’t be worried. You should be angry.
2008-04-10 07:00:47 -
My Ex Is a Deadbeat (Kiplinger Magazine via Yahoo! Finance)
Your financial questions answered.
2008-04-10 07:21:16 -
Free tax help available for many (Atlanta Journal-Constitution)
Procrastinators take note -- time is running out to file your taxes.
2008-04-10 08:27:50 -
Chaos Chronicled (Kitco.com)
"Men haven't changed much in the last 2,000 years and, in consequence, we must still learn from history.” "You shouldn't be worried. You should be angry. We've just come off a multiyear orgy of irresponsibility and recklessness that's unprecedented in the history of finance.
2008-04-10 08:51:44 -
/C O R R E C T I O N From Source - RBC; RBC Royal Bank/ (CNW Group via Yahoo! Finance)
RBC Royal Bank announced today that it is decreasing its residential mortgage rates effective April 11, 2008.
2008-04-10 10:23:00 -
Housing roils Spain's economy as Zapatero starts second term (The Christian Science Monitor)
Inflation and unemployment have risen sharply since last year.
2008-04-10 11:20:27 -
Bernanke says financial reforms can't wait for markets to stabilize UPDATE (The Forex Market)
WASHINGTON (Thomson Financial) - As much as they might wish to, neither the Federal Reserve, other regulators nor companies in the financial sector can wait for markets to improve before they begin implementing serious reforms, Fed Chairman Ben Bernanke said today.
2008-04-10 11:32:06 -
Midwest Composite to receive $7.2M in expansion aid (The Business Journal of Milwaukee)
Midwest Composite Technologies Inc. in Hartland will be awarded a $7.2 million industrial revenue bond allocation to help finance an expansion, Wisconsin Gov. Jim Doyle said Thursday.
2008-04-10 11:42:50 -
BoE lowers rate to 5% on recession risk (Business Standard India)
The Bank of England (BoE) today cut the benchmark interest rate for the third time since December as higher credit costs and the worst housing slump in 16 years threatened to push the economy into a recession.
2008-04-10 11:48:40 -
(AFX UK Focus) 2008-04-10 19:28 GMT: Bernanke says financial reforms can't wait for markets to stabilize UPDATE (Interactive Investor)
(Updates with Q&A)
2008-04-10 11:53:55 -
Housing Partnership gets $1M grant (Louisville Courier-Journal)
A non-profit group in Louisville will receive almost $1 million in federal funds to help local residents who are in danger of losing their homes due to foreclosure.
2008-04-10 12:27:50 -
Ending Humbling Impasse, Japan Approves Bank Chief (NYTimes.com via Yahoo! Finance)
The Japanese Parliament approved Masaaki Shirakawa as central bank governor, ending a stand-off that had left the bank without a chief at a time of global financial difficulty.
2008-04-10 12:40:05 -
BoE cuts UK rates to 5 pct as credit crisis bites (Deepika)
LONDON, April 10 (Reuters) The Bank of England cut interest rates for the third time in five months on Thursday to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation.
2008-04-10 12:55:35 -
What the house price crisis means for you (Times Online)
Why is HSBC in the news? In the first welcome piece of mortgage news in months, the world's biggest bank is trying to attract new customers. It says that it will match expiring fixed-rate deals, with rates as low as 4.54 per cent, for those borrowers who have 20per cent or more equity in their home.
2008-04-10 01:11:47 -
Mortgage Broker Mojo (Columbia Journalism Review)
On Tuesday the Center for Responsible Lending dropped an interesting study that highlighted the role of mortgage brokers in the subprime debacle. The CRL study of 1.7 million loans between 2004 and 2006 found that mortgage brokers steered weaker borrowers into costlier loans that generated more revenue for the brokers, while offering cheaper loans to stronger customers, who by definition would ...
2008-04-10 09:04:42