Mortgage and Financial News From 2008-4-10 Page 9
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Cathay Fin posts Q1 loss, but outlook solid (Reuters via Yahoo! Malaysia News)
TAIPEI, April 10 - Cathay Financial , Taiwan's top financial holding firm, posted an unexpectedly high quarterly loss on Thursday due to a stronger Taiwan dollar and the U.S. subprime meltdown, but its outlook is buoyed by hopes that better ties with China will boost earnings.
2008-04-10 12:51:59 -
Record Money: Emergency Repair Bills Set Uninsured Britons Back £494 (Daily Record)
HOUSEHOLD emergencies were suffered by more than 60 per cent of British homes in the last year - but 80 per cent had no insurance to cover the average £494 expense.
2008-04-10 12:55:45 -
Are You Getting a Good Deal on Insurance? (The Bradford Era)
(ARA) - Had a major life change recently, like moving out on your own for the first time, getting married, welcoming a new baby into the family or purchasing a new car?
2008-04-10 01:11:37 -
Health officials urge preparedness (The Florence Times-Daily)
While influenza diagnoses are tapering off for the season, state health and emergency management officials say there's a reason to stay prepared not just for the next year but also for the threat of a pandemic flu outbreak.
2008-04-10 01:33:40 -
EuroCCP Signs Clearing and Settlement Code of Conduct (Centre Daily Times)
EuroCCP announced today that it had signed the Code of Conduct for clearing and settlement during a meeting at the European Commission in Brussels.
2008-04-10 01:46:59 -
How can we survive the credit crunch? Your questions answered (Daily Mirror)
YOUR QUESTIONS ANSWERED
2008-04-10 02:05:47 -
Housing rescue plan disclosed (Albany Times Union)
Critics say Bush proposal to help homeowners avoid foreclosure too meek
2008-04-10 12:31:17 -
MuniMae to sell assets, limit business to save cash (Baltimore Sun)
Municipal Mortgage & Equity LLC, the real estate and alternative energy project financier, said yesterday that it is selling certain financial assets and curtailing parts of its business to conserve cash as it deals with the ripple effects of the souring credit market.
2008-04-10 12:37:04 -
Examiner.com Related Articles: (The San Francisco Examiner)
McCain's plan would benefit the government and original lender by giving them certificates for part of the loan's original value. If the homeowner sold for more, he or she would benefit along with the government and the original lender.
2008-04-10 12:37:57 -
Bank of England May Cut Rate to 5% to Avoid Recession (Update1) (Bloomberg.com)
April 10 (Bloomberg) -- The Bank of England probably will cut its main interest rate for the third time since December as the worst housing slump since 1992 fans concern the economy is slipping into a recession, a survey of economists shows.
2008-04-10 12:43:51 -
Interest rate cut expected (Channel 4)
The Bank of England is expected to cut interest rates in a bid to boost the economy.
2008-04-10 12:44:25 -
Washington moves 3 ways on housing (The News & Observer)
The White House, Senate and House all moved Wednesday to address the nation's worsening housing crisis.
2008-04-10 12:46:43 -
Most insurers say Kent market OK (The News Journal)
Despite the subprime mortgage crisis, dwindling home prices and record numbers of foreclosures in Delaware, a News Journal survey of the seven largest mortgage insurers found that five do not classify any part of the state as "distressed" or...
2008-04-10 12:55:03 -
How the annual cost of a mortgage has rocketed by £400 in just four weeks (Evening Standard)
The annual cost of paying a mortgage has soared by up to £400 in only four weeks, official figures reveal. For some types of deals, homeowners are now paying the highest interest rate for nearly a decade.
2008-04-10 12:57:35