Mortgage and Financial News From 2008-2-13 Page 6

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  • Clinton scrambles to contest Wisconsin (The Pantagraph)

    MADISON, Wis. -- Sen. Barack Obama has been lavishing attention on the historically independent voters of Wisconsin. Rival Sen. Hillary Rodham Clinton is moving belatedly to make a contest of next Tuesday's Democratic presidential primary.
    2008-02-13 10:38:34

  • Wall St. Firm Plans to Shut a Loan Unit in Britain (NYTimes.com via Yahoo! Finance)

    The company said it will close its business in Britain that issues home loans and significantly scale back its mortgage business in the United States.
    2008-02-13 10:39:33

  • President Bush Signs Economic Stimulus Package (FOX 6 News San Diego)

    Legislation gives consumers rebate checks in order to jump start the economy.
    2008-02-13 10:39:48

  • Thursday newspaper round-up: British Energy, Barclays, Northern Rock (ShareCast)

    LONDON (SHARECAST) - British Energy , the UK’s biggest electricity generator, is considering a £5.5 billion break-up plan that would involve creating a new company focused on building the next generation of nuclear power plants, the Times has learnt.
    2008-02-13 10:46:03

  • Poway puts town center, park remodeling projects on hold (North County Times)

    POWAY -- City officials announced Tuesday that they've suspended their heavily debated town center plans for at least six months because developers fear they won't be able to get financing and turn a profit on the project given the faltering economy.
    2008-02-13 10:55:35

  • Loan increase could help more than checks (The Californian)

    In Riverside County, the nation's economic stimulus plan could mean more for homebuyers in the form of cheaper loans than it will for those waiting to spend their tax rebates.
    2008-02-13 10:57:40

  • Home prices fall more sharply (The Californian)

    The only thing slower than molasses in January, it seems, is Riverside County's home-sales market.
    2008-02-13 10:57:50

  • Fitch Rates $124.9MM County of Mecklenburg, NC Var Rate COPs 2008A 'AA ...

    Forbes - Fitch Rates $124.9MM County of Mecklenburg, NC Var Rate COPs 2008A 'AA+/F1+' 02.13 ... The current COPs offering will be used to finance various public facilities ... sized to cover the principal portion of the purchase price plus 35 days of interest ...
    2008-02-13 10:12:00

  • City Pacific to start due diligence on MFS

    News.com.au - City Pacific confirms that it has no current financial exposure either as an ... chief executive Phil Sullivan said the company had maintained an ongoing interest in ... 1. Mum dies after saving baby from flood 2. Roger Rogerson rates Underbelly 3. ...
    2008-02-13 09:11:00

  • Bank of England warns on inflation

    International Herald Tribune - But inflation would probably be below 2 percent rates stayed at their current 5.25 percent. "The basic point is the Bank is saying that interest rates are not going to fall as far and as fast as markets currently seem to think," said Jonathan Loynes ...
    2008-02-13 09:00:00

  • Fitch Rates Hampton Roads Sanitation Dist, Virginia's $209MM ...

    Forbes - ... measure slightly below state and national levels, while unemployment rates ... Resources Authority (VRA), was also high at 3.0x in fiscal 2007.While the current ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2008-02-13 02:30:00

  • UPDATE 2-Japan growth beats expectations, doubts remain

    Forbes - ... the last quarter of 2007, but a likely slowdown this year meant analysts still saw the Bank of Japan keeping interest rates ... The Bank of Japan will likely keep open the option of keeping the current interest rate levels or even rate cuts as situations ...
    2008-02-13 10:08:00

  • JGBs slide on upbeat GDP data, Nikkei gains

    Guardian Unlimited - Expectations for a rate cut eased slightly after the GDP, with swap contracts on the overnight call rate showing a roughly 30 percent chance of the BOJ cutting interest rates from the current 0.5 percent by the end of the year, down from around a 40 ...
    2008-02-13 06:12:00

  • China under pressure to hike interest rates to curb inflation

    Straits Times - The general direction of the current monetary policy is tightening, but the strength of the policy should be responsive to changing conditions,' he said. China raised interest rates six times and increased the amount of money commercial banks need to ...
    2008-02-13 08:20:00

  • 4th UPDATE: Trichet Calls Activism On Rates Improper

    FXStreet.com - Federal Reserve or the Bank of England in lowering rates to stimulate activity, but has kept interest rates steady throughout the current financial market crisis. The ECB's key rate is at 4%. "The market correction was probably unavoidable and ...
    2008-02-13 02:15:00

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