Mortgage and Financial News From 2008-1-10 Page 18

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  • Bank of America in talks to buy Countrywide: sources (Interactive Investor)

    Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
    2008-01-10 07:40:59

  • Bernanke Talks, Dollar Tanks, 90% Chance for 50bp Rate Cut

    AME Info - Not only is further easing necessary, but we could realistically see interest rates 100 to 125bp lower this year. There was ... Current rating: 0% Recommendation Not recommended at all Not recommended Somewhat recommended Moderately recommended ...
    2008-01-10 02:56:00

  • Bernanke Signals That Fed Is Willing To Ease Rates

    CNBC - ... be heading for recession, Federal Reserve Chairman Ben Bernanke signaled the central bank's willingnesss  to cut interest rates ... to indicate whether the Fed will cut the federal funds rate by a quarter or half a percentage point from the current 4.25 ...
    2008-01-10 09:41:00

  • UPDATE 3-ECB holds rates but ready to take pre-emptive action

    Forbes - ... and ready to take pre-emptive action if needed, President Jean-Claude Trichet said on Thursday after the ECB left interest rates ... Without wage restraint and a fall in commodity prices, the current "hump" in euro zone inflation was unlikely to ...
    2008-01-10 10:38:00

  • Interest rates at 5.5pc: City reaction

    Daily Telegraph - The City reaction to the MPC's decision to keep interest rates on hold at 5.5pc. Interest rates held at 5.5pc by Bank of England ... A combination of weaker housing and tightening lending standards should exacerbate the current slowdown in consumer ...
    2008-01-10 02:34:00

  • UPDATE 5-ECB holds rates but policy "certainly not neutral"

    Reuters - FRANKFURT, Jan 10 (Reuters) - The European Central Bank left interest rates unchanged on Thursday, but its president ... and firms embarking on a new round of wage negotiations, he said it was "imperative" to avoid current high inflation rates ...
    2008-01-10 12:18:00

  • Fitch Rates Seguin, Texas' GOs 'A+'; Outlook Stable

    Forbes - Solid financial reserves and low tax rates provide flexibility to manage rising debt levels and slowing amortization resulting from the current bond program. ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate ...
    2008-01-10 03:39:00

  • JGB futures slip from two-yr high as stocks rise

    Guardian Unlimited - But losses in JGBs were limited as investors picked up bonds on falls because many of them now doubt that the Bank of Japan will raise interest rates this year from a current 0.5 percent.
    2008-01-10 04:57:00

  • Bush Offers Peacemaking Checklist

    Los Angeles Times - In a nod to Israel, Bush said borders would have to be adjusted by mutual agreement "to reflect current realities" since Israel's formation. He was referring primarily to Israeli neighborhoods on disputed lands, essentially saying Israel would keep ...
    2008-01-10 01:51:00

  • FBI Wiretaps Dropped Due to Unpaid Bills

    Los Angeles Times - While there is widespread agreement that the current financial management system, first introduced in the 1980's is inadequate, the FBI will not tolerate financial mismanagement, or worse, and is addressing the issues identified in the audit," Miller ...
    2008-01-10 02:13:00

  • Tata Reveals World's Cheapest Car

    Newsday - Pachauri need not have nightmares," Tata said at the unveiling, promising the Nano met all current Indian emission standards. Girish Wagh, who headed the design team, said the car has an oxidation catalytic convertor that emits 120 grams of carbon ...
    2008-01-10 03:10:00

  • David Shapiro: Market watcher, Sasfin - Moneyweb

    David Shapiro: Market watcher, SasfinMoneyweb, South Africa - 2 hours agoManufacturing growth has slowed to an annual 4.4% in November, as an increase in interest rates curbed consumer demand. Growth in factory production, ...
    2008-01-10 04:09:17

  • Ujima crisis to hit housing association loans - Building.co.uk (subscription)

    Ujima crisis to hit housing association loansBuilding.co.uk (subscription), UK - 2 hours agoAt the moment, housing associations can borrow at interest rates up to 2% less than those offered to comparable organisations because, until now, ...
    2008-01-10 04:10:09

  • Pheffer:Attack Subprime Crisis - Wave of Long Island (subscription)

    Pheffer:Attack Subprime CrisisWave of Long Island (subscription), NY - 2 hours agoThe subprime lending crisis has been fed by adjustable-rate mortgages that often offer low initial "teaser" interest rates that then skyrocket after several ...
    2008-01-10 04:11:17

  • Century Mining Closes Flow-Through Share Financings - Canada NewsWire (press release)

    Century Mining Closes Flow-Through Share FinancingsCanada NewsWire (press release), Canada - 2 hours agoIn Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. ...
    2008-01-10 04:17:00

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