Mortgage and Financial News From 2008-1-10 Page 70

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  • The Bank of England keeps rates on hold at 5.5% - International Business Times

    The Bank of England keeps rates on hold at 5.5%International Business Times, NY - 3 minutes ago... to maintain its key interest rate at the current 5.5%. The Bank has decided, as most economists had advanced, to keep rates on hold, after lat month's ...
    2008-01-10 04:31:00
  • The Times MPC: the January verdict (Times Online Sunday)

    The Times panel of economic and financial experts voted five to four to recommend rates be held. Here are their views in full
    2008-01-10 04:09:46
  • (AFX UK Focus) 2008-01-10 11:52 GMT: Paris shares flat midday; investors cautious ahead of ECB rate decision (Interactive Investor)

    PARIS (Thomson Financial) - Share prices were flat midday after fluctuating between losses and gains over the morning, as investors remained in cautious mood ahead of the ECB's interest-rate decision and today's address by US Federal Reserve Chairman Ben Bernanke about the US economic outlook and financial markets.
    2008-01-10 04:12:36
  • The Bank of England keeps rates on hold at 5.5% (The Forex Market)

    FXstreet.com (Barcelona) – The Monetary Policy Committee of the Bank of England has decided after their monthly meeting, to maintain its key interest rate at the current 5.5%.
    2008-01-10 04:14:06
  • Interest rates held at 5.5pc by Bank of England (Daily Telegraph)

    The Bank of England has resisted growing presssure to cut interest rates for the second time in as many months as it awaits further evidence that the UK economy is slowing.
    2008-01-10 04:15:00
  • Taxed to debt: Provincial tax tab adds hefty burden to already-high N.L. insurance costs (The Telegram)

    Being the only province in Atlantic Canada that charges any kind of tax on insurance premiums, you might expect that policy holders in Newfoundland and Labrador are paying much more than those in neighbouring provinces.
    2008-01-10 04:15:53
  • Gold prices hold near record high (The Globe and Mail)

    “Safe-haven buying, triggered by inflationary concerns, geopolitical tensions and broader market concerns, has the potential to buoy prices further in the forthcoming weeks,” says analyst
    2008-01-10 04:17:00
  • Bank of England holds interest rate at 5.5 per cent (Money Marketing Online)

    The Bank of England has maintained interest rates at 5.5 per cent with commentators suggesting a rate cut is now due in February. ...
    2008-01-10 04:18:28
  • MSCI Inc. Reports Record Results for Fiscal Fourth Quarter and Full Year 2007 (Business Wire via Yahoo! Finance)

    NEW YORK----MSCI Inc. , a leading provider of investment decision support tools including indices and portfolio risk and performance analytics, today announced record results for the fourth quarter and full year ended November 30, 2007.
    2008-01-10 04:30:00
  • Strategic Hotels & Resorts Closes Sale of Hyatt Regency New Orleans (PR Newswire via Yahoo! Finance)

    Strategic Hotels & Resorts, Inc. , announced today that the company closed on the previously announced agreement to sell Hyatt Regency New Orleans to Poydras Properties Hotel Holdings Co., LLC, effective December 28, 2007.
    2008-01-10 04:30:00
  • Most Asian stocks end lower as Wall Street fails to convince - UPDATE

    Forbes - There was grim news from Countrywide Financial which said that the delinquency and foreclosure rate of home loans in its portfolio surged in December. Shares of the nation's largest mortgage lender tumbled Tuesday amid bankruptcy rumours that the ...
    2008-01-10 02:31:00
  • Bankruptcy fears deepen at lender

    Los Angeles Times - The nation's biggest mortgage lender was "withering" and "might falter if it does not receive an infusion of at least ... it "exhausted many of its extraordinary financing options last year and is ill-prepared for the rising mortgage defaults and home ...
    2008-01-09 11:54:00
  • Countrywide reports mortgage-default rise

    Daily Breeze - ... pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and ...
    2008-01-10 01:48:00
  • Defaults Rise at Mortgage Lender

    Washington Post - Countrywide Financial of Calabas, Calif., the country's largest mortgage lender, says its foreclosure rate doubled in December. (By Paul Sakuma/AP) Countrywide Financial , the nation's largest home loan lender, reported yesterday that foreclosures ...
    2008-01-09 09:09:00
  • Lenders suffering big pinch

    New York Daily News - Countrywide shares tumbled for a second day  after the nation's largest mortgage lender said the delinquency and foreclosure rate of home loans in its portfolio surged in December. The company also said mortgage applications waiting to be processed ...
    2008-01-10 12:37:00