Mortgage and Financial News From 2008-1-10 Page 14

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  • COLUMN: Tax boss speaks - Vancouver Sun

    COLUMN: Tax boss speaksVancouver Sun,  Canada - 9 minutes agoHe might have a point if the rate didn't apply to both the amount owing and the penalties, but it also applies from the moment unproven - often wrong ...
    2008-01-10 07:50:49

  • Kofi Annan will lead talks in Kenya (Detroit Free Press)

    NAIROBI, Kenya — Former U.N. Secretary-General Kofi Annan agreed today to take over talks to end the deadly turmoil linked to Kenya's presidential election, after days of international pressure resulted in nothing more than a fresh round of accusations from both sides.
    2008-01-10 06:48:15

  • Japan money market prices in chance of BOJ rate cut - Reuters

    Japan money market prices in chance of BOJ rate cutReuters - 8 minutes agoBy Naomi Tajitsu TOKYO, Jan 11 (Reuters) - Yen money markets have begun to factor in the possibility that the Bank of Japan may cut interest rates late in ...
    2008-01-10 07:51:45

  • Reggie Bush got cash for goodies in college, book says (Detroit Free Press)

    LOS ANGELES — A San Diego sports marketer claims in a new book that he gave former Southern California running back Reggie Bush nearly $300,000 in cash while Bush was still in college.
    2008-01-10 06:48:35

  • Bank of Japan chief sees slowdown in Japan, growing risks in US ... - PR-Inside.com (Pressemitteilung)

    Bank of Japan chief sees slowdown in Japan, growing risks in US ...PR-Inside.com (Pressemitteilung), Austria - 5 minutes agoThe BOJ last raised its key policy interest rate in February, from 0.25 percent to 0.5 percent. The central bank was widely expected to raise rates further, ...
    2008-01-10 07:54:29

  • Bank of America May Acquire Countrywide, Person Says (Update3) (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Bank of America Corp. is in talks to acquire Countrywide Financial Corp., the biggest U.S. mortgage lender, a person with knowledge of the discussions said. Countrywide rose more than 50 percent.
    2008-01-10 07:06:45

  • SC Republican Debate Live Blogging - PoliGazette

    SC Republican Debate Live BloggingPoliGazette, Netherlands - 5 minutes agoThe recession - and it’s going to be bad - was caused by artificially low interest rates enforced by the Fed. THis causes people do the wrong things, ...
    2008-01-10 07:54:50

  • Gov't seen to favor Countrywide buyout (Lexington Herald-Leader)

    A buyout of hobbled mortgage lender Countrywide Financial likely would be approved by regulators, analysts say, because otherwise the company could file for bankruptcy, injecting further uncertainty into the home-loan market. Bank of America Corp. is in talks to acquire Countrywide, The Wall Street Journal and The New York Times reported Thursday online, citing unidentified people familiar with ...
    2008-01-10 07:09:26

  • Mortgage rates rising and more expected - Stuff.co.nz

    Mortgage rates rising and more expectedStuff.co.nz, New Zealand - 4 minutes agoMortgage interest rates are rising, and more increases could be on the way as the worldwide credit crunch hits New Zealand home buyers. ...
    2008-01-10 07:55:27

  • New rules for driver's licenses meant to deter terrorists, illegal immigrants (Detroit Free Press)

    WASHINGTON (AP) — Baby boomers don't make good terrorists, the government has decided, so folks older than 50 will get extra time to comply with new post-Sept. 11 driver's license rules.
    2008-01-10 07:18:14

  • ECB leaves rate unchanged (Deutsche Welle)

    The European Central Bank has left its main interest rate unchanged at 4.0 percent. Analysts say they'd expected this because of inflation worries and signs of slowing economic growth.
    2008-01-10 07:45:06

  • Burned by Investing in Troubled Times (NYTimes.com via Yahoo! Finance)

    Scores of investors have sought to profit by buying into troubled financial firms at low prices: so far their investments have failed to make much of a profit.
    2008-01-10 07:40:30

  • Tracy developers to receive bonus for low-income housing (The Record)

    TRACY - A new city ordinance coasting toward final approval will allow developers to add up to 35 percent more units to their projects if those proposals contain low-income housing.
    2008-01-10 07:46:11

  • Fukui Says Japan's Growth Is Slowing, Will Pick Up (Update2) (Bloomberg.com)

    Jan. 11 (Bloomberg) -- Japan's economic growth is slowing ``for the time being'' as housing investment declines, central bank Governor Toshihiko Fukui said.
    2008-01-10 07:47:16

  • No big bang: Scientists say asteroid unlikely to hit Mars (Detroit Free Press)

    PASADENA, Calif. — The possibility of a collision between Mars and an approaching asteroid has been effectively ruled out, according to scientists watching the space rock.
    2008-01-10 07:48:15

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