Mortgage and Financial News From 2008-1-11 Page 64

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• Gold Investments Market Update - Gold Seek

  Gold Investments Market UpdateGold Seek - 12 minutes agoThe $15 billion write down by Merrill Lynch as a result of dodgy mortgage investments shows that the property and credit crisis has yet to abate. ...
  2008-01-11 06:06:23

• Banks defy Swan over mortgage rates - NEWS.com.au

  Banks defy Swan over mortgage ratesNEWS.com.au, Australia - 11 minutes agoThe current situation is the first time since 1992 that banks have raised rates independently of the Reserve Bank. A senior Westpac executive, Jeremy Dean, ...
  2008-01-11 06:07:14

• US loan fallout deepens - NEWS.com.au

  US loan fallout deepensNEWS.com.au, Australia - 9 minutes agoSt George yesterday announced it would raise its mortgage rate by 0.2percentage points to 8.77 per cent, while Westpac ordered a 0.15 point lift to 8.72 per ...
  2008-01-11 06:09:12

• Banesto's Botin sees financial markets situation 'normalising' in ... - Hemscott

  Banesto's Botin sees financial markets situation 'normalising' in ...Hemscott, UK - 4 minutes agoOn the outlook for eurozone interest rates, she said she expects these to 'stabilise' over the coming months, while flagging the possibility of a cut ...
  2008-01-11 06:13:47

• Provident Bankshares Corporation to Write-Down Investments and ... - PR Newswire (press release)

  Provident Bankshares Corporation to Write-Down Investments and ...PR Newswire (press release), NY - 4 minutes agoIn addition, the Company has increased the provision for loan losses to reflect the inherent increase in loss rates in its real estate loan portfolios. ...
  2008-01-11 06:13:58

• Banks luring customers with 'January sales' deals (FT.com via Yahoo! News)

  Many banks and building societies have launched "January sales" - using introductory deals to attract the growing numbers of customers choosing to switch accounts.
  2008-01-11 04:35:18

• Economists give good, bad news (Hattiesburg American)

  Pine Belt bankers, businessmen and other decision-makers learned of a possible recession and other gloomy economic news Thursday at the University of Southern Mississippi.
  2008-01-11 04:35:22

• Greater Repossession Risk In 2008 (The Motley Fool)

  Do changes to the Banking Code really mean more protection for troubled mortgage borrowers?
  2008-01-11 04:42:31

• (AFX UK Focus) 2008-01-11 12:26 GMT: London shares lower; NY seen down; consumer staples fall on earnings concern (Interactive Investor)

  LONDON (Thomson Financial) - UK blue-chips were near session lows midday as Wall Street is seen opening sharply lower with consumer staples the major fallers in London on earnings concerns and broker downgrades.
  2008-01-11 04:57:12

• U.S. Stock-Index Futures Fall; American Express, Merrill Drop (Bloomberg.com)

  Jan. 11 (Bloomberg) -- U.S. stock-index futures retreated on concern that credit-market turmoil may take a bigger toll on earnings than companies and analysts expected.
  2008-01-11 05:06:45

• Provident Bankshares Corporation to Write-Down Investments and Increase Loan Loss Provision (PR Newswire via Yahoo! Finance)

  Provident Bankshares Corporation , the parent company of Provident Bank, announced today that it has written down a significant portion of its REIT trust preferred securities portfolio.
  2008-01-11 06:00:00

• Gold Holds Near Post-Bernanke Highs vs. Dollar & Euros on Merrill's New Write-Down; Bond Yields Now Sharply Negative ... (GoldSeek.com)

  08:25 EST, Fri 11 Jan.
  2008-01-11 06:04:58

• Amica Mature Lifestyles Announces Second Quarter Results for Fiscal 2008 (CCNMatthews via Yahoo! Finance)

  VANCOUVER, BRITISH COLUMBIA-- - Mr. Samir Manji, Chairman, President and CEO of Amica Mature Lifestyles Inc. , a leader in the management, marketing, design and development of luxury housing and services for mature lifestyles, is pleased to announce the Company's results for the three and six month periods ended November 30, 2007.
  2008-01-11 06:15:01

• Group to report home-loan volume as turbulent climate hangs on in ...

  CNBC - WASHINGTON - Home-loan data to be released Wednesday will show whether activity continued to taper off last week. The ... Refinance volume dropped by 15.4 percent, while purchase volume sank by 8.5 percent. Last week, mortgage company Freddie Mac ...
  2008-01-09 03:23:00

• Puerto Rican organization celebrates deal to keep East Orlando ...

  Orlando Sentinel - A large East Orange County building whose fa�ade resembles the fortresses of colonial Puerto Rico will remain a home ... But the oldest Puerto Rican organization in the region managed to refinance the clubhouse just short of a deadline that could ...
  2008-01-11 03:35:00

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