Mortgage and Financial News From 2008-1-7 Page 4

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  • PRESS DIGEST - Hong Kong - Jan 8 - Reuters

    PRESS DIGEST - Hong Kong - Jan 8Reuters - 5 hours agoLily Chiang, the first woman to chair Hong Kong General Chamber of Commerce, has been charged by anti-graft agency ICAC for fraud. ...
    2008-01-07 05:19:59
  • More Storms Coming Tuesday (KSBW Salinas)

    Cleanup is under way after a fierce winter storm lashed the Central Coast with heavy rain and hurricane-force gusts, causing widespread power outages, closures of several roadways.
    2008-01-07 08:53:03
  • Three Dead In Border Shootout (KSAT San Antonio)

    MEXICO CITY -- A shootout between Mexican authorities and suspected criminals just across the border from Texas left three people dead and 10 injured, officials said.
    2008-01-07 08:53:48
  • Pastor Accused Of Sending Lewd Texts To Girl Resigns (WJXT Jacksonville)

    JACKSONVILLE, Fla. -- A Jacksonville church pastor accused of sending lewd text messages to an underage girl recently announced his resignation.
    2008-01-07 09:20:23
  • Southside Rehab Center Donated To YMCA (WJXT Jacksonville)

    JACKSONVILLE, Fla. -- Some members of a Brooks Rehabilitation Center spoke out Monday, threatening to protest after learning the health and fitness facility was being donated to the YMCA.
    2008-01-07 09:20:53
  • Span Packaging promotes managers (The State)

    GREENVILLE — Span Packaging Services has promoted several managers because of organization changes. Les Teague, the new company president, said the changes were due to an increase in business and the acquisition of a Winder, Ga.-based company. Teague was promoted from vice president and general manager of Span Packaging Services and Automated Packaging. Others promoted are: •  John Panaseny, ...
    2008-01-07 09:28:10
  • Sanderoff Analyses Richardson In New Hampshire (KOAT Albuquerque)

    KOAT political anaylyst Brian Sanderoff looks at Gov. Bill Richardson's chances in New Hampshire and beyond.
    2008-01-07 09:30:40
  • Lawsuit Claims Apple Monopolizing Online Music Market (NBC 7/39 San Diego)

    A San Diego iPod owner is suing Apple on claims it restricts consumer choice and has monopolized the market for digital music.
    2008-01-07 10:02:18
  • Garden State Business Briefs (The Star-Ledger)

    A bankruptcy trustee oversee ing the liquidation of a defunct Sayerville company whose chief executive pleaded guilty to securities fraud has agreed to settle his claims against the firm's directors and insurer.
    2008-01-07 10:25:37
  • Baltimore Police Investigating Quadruple Shooting (WBAL-TV Baltimore)

    BALTIMORE -- Baltimore police were investigating a quadruple shooting Monday night in the southwest part of the city. Police said they were called to the 500 block of South Smallwood and Ashton streets just after 8 p.m. Monday.
    2008-01-07 10:38:41
  • Corporate Debt Risk Rises Fourth Day on U.S. Economy Concerns

    Bloomberg - Credit-default swaps tied to financial companies including Bear Stearns Cos. and Merrill Lynch & Co. increased on concern that losses from mortgage-linked securities may deepen amid record defaults on home loans to people with weak credit ...
    2008-01-07 01:12:00
  • TREASURIES-Bonds mixed, mirror seesawing stocks

    Reuters - Losses were capped by safe-haven bids stemming from worries about mortgage write-downs at financial companies and tension between Iran and the United States, analysts and investors said. "Everyone is watching equities with one eye," said ...
    2008-01-07 01:19:00
  • 2007 - A Year For The History Books!

    Global Politician - Again, by 2005 house prices in the US has risen so much that they were now out of reach to most American workers so the Banks and mortgage companies in the US came up with a new way to get even more people to qualify for mortgages so the could buy ...
    2008-01-07 05:37:00
  • Swan warns banks on 'excessive' rate rises

    Australian Broadcasting Corp. - A good start would be to open up the mortgage market and allow customers to move between banks and mortgage companies without fines and penalties. If a bank really does have a better product, the customer should be free to choose it without penalty ...
    2008-01-07 02:59:00
  • Fitch ups CMBS subordination to address default risks

    Reuters - Bond rating companies, which have been accused of playing a role in the residential mortgage credit crisis, are also making critical differences for investors in the market for commercial real estate. At least two commercial mortgage-backed ...
    2008-01-07 02:09:00