Mortgage and Financial News From 2008-4-30 Page 6
Previous Day: 2008-04-29
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12
-
House prices fall year-on-year - Guardian Unlimited
House prices have fallen by 1% over the past 12 months, the first year-on-year fall since March 1996, the UK's largest building society said today. Nationwide said £1,759 had been knocked off the cost of a home since this time last year, bringing ...
2008-04-30 09:19:00 -
Standard Life gives in to mortgage squeeze - Times Online
Standard Life admitted today that it was deliberately letting mortgage customers walk away to pursue deals elsewhere because the dire state of the banking market meant that it was often not profitable to lend. "We are allowing redemptions to happen ...
2008-04-30 07:18:00 -
Mortgage applications drop to 2008 low - USA Today
NEW YORK (Reuters) — Applications for home mortgages slumped last week to their lowest since December in another sign the housing market is far from recovery, according to data reported by an industry group Wednesday. The Mortgage Bankers ...
2008-04-30 05:23:00 -
UPDATE: IAC 1Q Net Falls As Diller Pushes Ahead With Split - CNN Money
IAC/InterActiveCorp's (IACI) first-quarter net income fell 13% despite higher revenue amid lower margins and higher costs at its retail business, acquisition costs and higher royalty rates at Ticketmaster and continued weakness in mortgage lending ...
2008-04-30 05:52:00 -
Foreclosures in Albany area on sharp rise (The Albany Business Review)
The number of homes in some stage of the foreclosure process in the Albany, N.Y., region grew by more than five times in the first quarter of 2008 compared to a year earlier, according to RealtyTrac Inc.
2008-04-30 09:44:10 -
Highest ever: NYC mtg delinquencies up 74% (Crain's New York Business)
The city's mortgage delinquency rate rose 15% in the fourth quarter, and was 74% higher than a year ago—a record number of late borrowers.
2008-04-30 09:47:47 -
New mortgage rescue aimed at 1M homeowners (Newsday)
The government would give emergency loans to 1 million troubled borrowers under a new housing assistance plan developed by a federal bank regulator.
2008-04-30 09:57:38 -
NewDominion Reports First Quarter Earnings (Business Wire via Yahoo! Finance)
CHARLOTTE, N.C.----NewDominion Bank today reported net income of $30,912 for the first quarter of 2008, down from $821,057 in the same quarter a year ago. Two factors had a particularly large impact on first-quarter earnings: a $770,211 loss on a foreclosed loan and declining interest rates.
2008-04-30 10:00:00 -
US economy grew in first quarter of 2008 (New Kerala)
Washington, April 30: The US economy grew by 0.6 percent in the first quarter of 2008, according to an initial estimate from the US government Wednesday, tempering fears that the world's largest economy has tipped into a recession.
2008-04-30 10:02:16 -
Local Home Builders in Washington (WTVQ Lexington)
Home builders from Lexington and across the country were in Washington asking lawmakers to help stop the bleeding in the housing market. Kentucky hasn't been hit as hard as other states. The foreclosure rate is less than 1%, but at the same time home sales are slumping and building has slowed. To counter that, home builders want congress to revitalize FHA and give tax credits ...
2008-04-30 10:03:32 -
ISEQ up as markets await Fed on rates (Ireland Business World)
Profit taking from a three-day rally coupled with worrying reports on the mortgage and construction markets helped keep the ISEQ from making any significant gains.
2008-04-30 10:06:46 -
Strongco Announces First Quarter 2008 Results (CCNMatthews via Yahoo! Finance)
MISSISSAUGA, ONTARIO-- -
2008-04-30 10:09:29 -
Prices slip as property boom ends (Cape Argus)
After years of an unprecedented boom, South Africa's property market has begun to decline as consumers fall victim to high interest rates and soaring inflation.
2008-04-30 10:12:35 -
Mervyn King: Banks paying price for their greed - Times Online
The days of City “hubris” must come to an end, the Bank of England cautioned yesterday in an extraordinary attack by Mervyn King, the Governor, on excessive pay packages and heavy risk-taking. Mr King said that the £50 billion bail-out extended ...
2008-04-30 01:41:00 -
Mending the banks - BBC Brasil
It's another big week in the rebuilding of our battered banking industry. British banks will start to liquefy, or turn into cash, their hard-to-refinance mortgages by taking advantage of the new collateral swap offered by the Bank of England . And my ...
2008-04-27 05:58:00