Mortgage and Financial News From 2008-1-10

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  • Important Stock Market Investment Drivers for 2008: A Tale of Two ... - The Market Oracle

    Important Stock Market Investment Drivers for 2008: A Tale of Two ...The Market Oracle, UK - 25 minutes agoA significant part of the adjustable rate mortgages are priced off of the LIBOR, so this rise is a problem for those borrowers. This is further proof of the ...
    2008-01-10 01:23:31
  • Facility Closures and Layoff Announcements (Jan. 6-12) - CoStar Group

    Facility Closures and Layoff Announcements (Jan. 6-12)CoStar Group, MD - 10 minutes agoThis report is excerpted from Watch List, a weekly column of distressed commercial properties, mortgages and corporate news. There were 1300 seasonally ...
    2008-01-10 01:38:16
  • Reasons to be cheerful (Part two) - New Statesman

    Reasons to be cheerful (Part two)New Statesman, UK - 9 minutes agoWhich neatly brings us to the second reason to be cheerful: Brown's loyalty to his ministers. Whereas Blair was an inveterate sacker, so far Brown has stuck ...
    2008-01-10 01:39:09
  • Asian Stocks Fall for First Time in Three Days; Developers Drop (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Asian stocks fell for the first time in three days, led by developers and banks, on concern U.S. credit-market losses will spread.
    2008-01-09 10:24:57
  • Bynum may become an elite center (Fox Sports)

    In the Lakers' rout of the Hornets, Andrew Bynum showed why he has more upside than Tyson Chandler, Charley Rosen says.
    2008-01-09 11:04:48
  • SENIOR CALENDAR (The Wichita Eagle)

    Balancing Your Health, part 1 of 3, 12:30 p.m. today, Linwood Senior Center, 1901 S. Kansas. Record Party with refreshments, 10 a.m. to 3 p.m. Monday, Linwood Senior Center, 1901 S. Kansas. Take favorite records or CDs. Senior Health Alliance, information aboutcompiling medical records on computer disk, 10:30 a.m. Tuesday, Orchard Park Senior Center, 4808 W. Ninth St. Free. Call ...
    2008-01-09 11:20:01
  • Rosen: Bynum comes up big (Fox Sports)


    2008-01-09 11:49:48
  • Watch the consumer (Boston Globe)

    Whether the economy goes into a recession depends on people like Bernadette and James Scutti. The Arlington couple is trying to pay off a home-equity loan they took out to finance an addition on their modest Cape-style house and pay down thousands in credit-card debt.
    2008-01-10 12:35:47
  • Citigroup Advances on WSJ Report of Possible Foreign Investment (Bloomberg.com)

    Jan. 10 (Bloomberg) -- Citigroup Inc. rose in Germany and Japan after the Wall Street Journal reported that the biggest U.S. bank is seeking as much as $10 billion from foreign investors as mortgage-related losses deepen.
    2008-01-10 01:12:44
  • European Stocks Rise; Sainsbury, Metro, British Land Advance (Bloomberg.com)

    Jan. 10 (Bloomberg) -- European stocks gained, lifting the Dow Jones Stoxx 600 Index from its lowest in more than a year, after sales results from retailers J Sainsbury Plc and Metro AG beat analysts' estimates.
    2008-01-10 01:28:51
  • Grad students play critical role at UI (The Iowa City Press-Citizen)

    Brandon Abbs is stuck in academic limbo. The 26-year-old graduate student from Pittsburgh is not exactly a student, and he is not quite a professional. He is a little bit of both and at the same time neither.
    2008-01-10 01:35:33
  • Countrywide's woes deepen as foreclosures hit new high (Toronto Star)

    NEW YORK–Countrywide Financial Corp., the largest U.S. mortgage lender, said yesterday that foreclosures and late payments rose in December to the highest on record, sending its shares tumbling for a second day to their lowest in nearly 13 years.
    2008-01-10 01:38:12
  • London shares outlook - higher, BoE rate decision, J Sainsbury trading ...

    Forbes - ... on hold at its monthly rate-setting meeting, but the decision whether or not to cut interest rates will be finely balanced. Of those polled by TFN, only ... on first half trading is seen confirming that its second quarter deteriorated as mortgage ...
    2008-01-09 11:11:00
  • More misery in store for hard-pressed families

    Daily Telegraph - Not only is it one of Britain's most cherished brands, its fortunes are usually ... are struggling to keep up with their debt payments, following a series of interest ... expected to reduce it to 4.5 per cent or lower by the end of the year, many mortgage ...
    2008-01-10 01:05:00
  • Don't Go Changing

    Times Online - ... the Monetary Policy Committee of the Bank of England concludes its monthly interest ... The US has caught a cold and we have only just begun sneezing. The indigestion ... especially not to calm shopkeepers after a sticky Christmas, or to salve mortgage ...
    2008-01-10 12:08:00