Mortgage and Financial News From 2008-4-8 Page 3
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Subprime loss may equal our GDP (Canberra Times)
The potential losses from the US financial crisis may be approaching the entire gross domestic product of Australia.
2008-04-08 04:03:13 -
Tax repeal, loan reforms become law (The Daily Record)
ANNAPOLIS — Gov. Martin O’Malley began wading through stacks of legislation Tuesday, signing more than 100 bills into law on the morning after the Maryland General Assembly adjourned at midnight.
2008-04-08 04:09:15 -
Mark Steel: So did Neolithic settlers have estate agents? (Independent)
As an expert on economic indicators, I can predict one positive effect of a falling housing market, which is an end to those television shows with names like Buy a House Where I Tell You To, You Idiot, in which slithery property experts say: "We simply must persuade Julia and Simon to buy this charming disused crematorium as it has such potential for conversion into a four-bedroom maisonette ...
2008-04-08 04:19:14 -
UK CBI Urges Bank Of England To Make Immediate Bank Rate Cut (The Forex Market)
LONDON -(Dow Jones)- The Confederation of British Industry Wednesday urged the Bank of England to cut the bank rate by 25 basis points at its meeting ending Thursday to support the U.K. economy amid tightening credit conditions.
2008-04-08 04:19:41 -
Mortgage Clinic: 'Should I take out a loan to boost my deposit?' (Independent)
I'm a first-time buyer with savings of £11,500, but I'd need a much bigger deposit at the moment to get a decent mortgage rate. I'm tempted to take out a personal loan for £9,000, so that I can get a better mortgage deal. Is that a good idea? FR, Cheltenham
2008-04-08 04:25:30 -
Marshall Loeb's Daily Money Tip: Don't fall into an unemployment rut (Market Watch)
If you’ve just lost your job, the decisions you make in the coming days and weeks may be critical to your financial survival. How you organize your time, corral your resources and handle your money can help determine whether this job loss is a temporary setback or a potentially long-term disaster.
2008-04-08 04:49:05 -
Australian Consumer Sentiment Index -1.3% In April Vs March (The Forex Market)
SYDNEY (Dow Jones)--An index of consumer sentiment in Australia fell 1.3% in April from March, to reach its lowest level since June 1993.
2008-04-08 05:34:01 -
More News (Daily Breeze)
In all the chatter these days about mortgage reform, the new rules for appraisers aren't getting a lot of attention.
2008-04-08 02:35:11 -
Business Highlights (AP via Yahoo! Finance)
Washington Mutual Inc. secured $7 billion in new capital Tuesday, an injection that is aimed at reviving the company despite ballooning loan losses but which may also push it to rethink its strategy, slim down and revamp the management.
2008-04-08 03:50:02 -
GAO Audit Finds Federal Employees Abused Purchasing Program (Washington Post)
Federal employees used government credit cards to pay for lingerie, gambling, iPods, Internet dating services and a $13,000 steak-and-liquor dinner, according to a new audit from the Government Accountability Office, which found widespread abuses in a purchasing program meant to improve bureaucra...
2008-04-08 04:27:14 -
(AFX UK Focus) 2008-04-09 00:06 GMT: Business Highlights (Interactive Investor)
(AP) - Washington Mutual raising $7 billion
2008-04-08 04:47:13 -
Four locals charged in alleged mortgage scheme (News Transcript)
On March 13, detectives from the Monmouth County Prosecutor's Office arrested four individuals as a result of an investigation into a mortgage fraud scheme they say cost mortgage lenders more than $4 million in bad loans.
2008-04-08 05:09:45 -
Federal Employees Charged Millions in Questionable Expenses (Fox News)
Federal employees charged millions of dollars for Internet dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say.
2008-04-08 05:23:29 -
HILLARY'S TALL TALES ABOUT HEALTH CARE (Maggie Gallagher via Yahoo! News)
Hillary Clinton had a great story to tell over and over again in her stump speech: An uninsured Ohio pregnant woman lost her baby and died because she could not afford a $100 up-front fee.
2008-04-08 03:19:17 -
Water and sewer rate increases in proposed budget (WSYR 9 Syracuse)
City of Syracuse property taxes would stay right where they are, but water and sewer rates would jump by double-digits in Mayor Matt Driscoll's new budget, released Tuesday afternoon.
2008-04-08 03:28:56