Mortgage and Financial News From 2008-4-4 Page 7
Previous Day: 2008-04-03
Return to the mortgage news archive home.
-
Last-minute deal to save bridging loans after oversight (The Herald)
Senior lawyers, bankers and UK Government officials are thrashing out a deal to save Scotland's bridging loans after they were effectively abolished in new Westminster legislation to come into force tomorrow.
2008-04-04 03:22:37 -
Examiner.com Related Articles: (The San Francisco Examiner)
The grim picture described by the Labor Department on Friday provided stark evidence of just how much the jobs market has buckled under the weight of the housing, credit and financial crises. Businesses and jobseekers alike are feeling the pain.
2008-04-04 01:36:54 -
The long arm of the law has a computer, too (The Sacramento Bee)
A Citrus Heights police officer relied on his technological edge Wednesday when confronting a man who was trying very hard to talk his way out of trouble.
2008-04-04 01:40:28 -
Testimony Offers Details of Bear Stearns Deal (NYTimes.com via Yahoo! Finance)
Federal officials and senior Wall Street executives offered their first public account on Thursday of the harrowing four days of negotiations.
2008-04-04 01:40:28 -
After Success, Problems for Microfinancing in Mexico (NYTimes.com via Yahoo! Finance)
A fractious debate in Mexico as microfinance become big businesss.
2008-04-04 01:40:30 -
Huge job losses set off recession alarms (AP via Yahoo! News)
It's no longer a question of recession or not. Now it's how deep and how long.
2008-04-04 01:42:33 -
Huge job losses set off recession alarms (Sharewatch)
WASHINGTON (AP) - AP Video It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent.
2008-04-04 01:42:53 -
Examiner.com Related Articles: (The San Francisco Examiner)
"The economic data is negative, but I think what the market's telling us is we've priced in a lot of the bad news already," said Arthur Hogan, chief market strategist at Jefferies & Co. "You could make the argument that we've thrown a lot of difficult news at this market and it's reacted very well."
2008-04-04 01:51:04 -
FOOTBALL STATS (Daily Mail)
Fixtures, results and tables from around the world including the Champions League... more
2008-04-04 01:57:07 -
Rate cut wager may spur mortgage take-up (Tenterfield Star)
The prospect of interest rate cuts next year could be encouraging potential home buyers to buy now before more people rush into the market. The prediction of the first rate cuts since 2001 comes as house prices are forecast to climb by up to 40 per cent over the next five years.
2008-04-04 11:29:37 -
Real Estate Weekly: Real Estate Weekly: Housing rescue bill takes shape (Market Watch)
The Senate could pass a housing stimulus bill next week, and home builders may benefit the most from the legislation, according to one research group.
2008-04-04 11:33:55 -
81% in Poll Say Nation Is Headed on Wrong Track (NYTimes.com via Yahoo! Finance)
Americans are more dissatisfied with the country’s direction than at any time since the the early 1990s.
2008-04-04 11:39:29 -
U.S. Apartment Rents Rise in First Quarter Amid Housing Slump (Los Angeles Times)
The average asking rent for U.S. apartments rose 1% in the first three months of 2008, the 24th consecutive quarterly gain, as the U.S. housing slump deterred people from buying homes, according to real estate research firm Reis Inc.
2008-04-04 11:44:34 -
Fitch Downgrades MBIA s IFS to AA ; Outlook Negative (3º) (InfoBolsa)
04/04/2008 18:36:00 Business Wire US0962311058 discounts the expected future loss rates by 5% over a two-year period for CDO-squareds, five years for mezzanine SF CDOs and seven years for high-grade SF CDOs.
2008-04-04 11:51:31 -
2008: Democrats' Year That Wasn't (CBS News)
For the Democrats, 2008 was supposed to be an ideal year. For Dems not to walk into the 2008 presidency, the conventional wisdom was that the absolute unthinkable would have to transpire. Now it almost has, National Review Online opines.
2008-04-04 11:51:50