Mortgage and Financial News From 2008-3-24 Page 4
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Television - Business (Scoop.co.nz)
Keith Turner, outgoing chief executive of Meridian Energy, shares his thoughts on the state of the industry.
2008-03-24 11:47:43 -
Housing market continues downward in Bay area markets (Business Journal of Tampa Bay)
Existing home sales in the Tampa-St. Petersburg market fell another 29 percent in February while median prices continue to slide.
2008-03-24 11:56:07 -
Caterpillar (IWon - Money)
(AXP 47.97, +1.99) are providing leadership. Defensive stocks (KO 60.91, -0.13) are the main laggards.
2008-03-24 10:40:05 -
Fed May Buy Mortgages Next, Treasury Investors Bet (Update4) (Bloomberg.com)
March 24 (Bloomberg) -- Forget lower interest rates. For the Federal Reserve to keep the financial markets from imploding it needs to buy troubled mortgage bonds from banks and securities firms, say the world's biggest Treasury investors.
2008-03-24 10:40:33 -
Clinton says tax code needs to be changed (Pittsburgh Business Times)
Democratic presidential hopeful Sen. Hillary Clinton said she believes the tax code should be changed so that it does not disadvantage American manufacturers.
2008-03-24 10:47:37 -
Banks allowed to lift MBS holdings (EARTHtimes.org)
WASHINGTON (Reuters) - Regional U.S. banks will be allowed to temporarily boost holdings of mortgage-backed securities by some $150 billion in another bid by regulators to bring stability to troubled mortgage markets.
2008-03-24 10:51:25 -
Education reform going in circles (Worcester Telegram & Gazette)
The more things change, the more they seem to remain the same.
2008-03-24 10:54:33 -
Dubai World Cup Odds Released at All Horse Racing (PRWeb)
All Horse Racing ( www.allhorseracing.com ), an international gaming company, today released the latest odds on who will win the $6,000,000 Dubai World Cup, sponsored by Emirates. (PRWeb Mar 24, 2008) Read the full story at http://www.prweb.com/releases/2008/03/prweb797764.htm
2008-03-24 10:55:18 -
(AFX UK Focus) 2008-03-24 17:42 GMT: Stocks jump on revised Bear Stearns deal (Interactive Investor)
NEW YORK (AP) - Wall Street extended its big advance Monday as investors applauded a new agreement that will give Bear Stearns Cos. shareholders five times the payout than was outlined in a JPMorgan Chase & Co. buyout deal a week ago. Investors were also pleased by a stronger-than-expected housing report and sent the Dow Jones industrial average up about 240 points.
2008-03-24 10:57:28 -
US ponders: How deep is economic abyss? (KING5 Seattle)
Americans are nervously wondering about retirement savings, interest rates, jobs that had seemed safe. They are surveying the economic landscape and asking: Just how bad is it?
2008-03-24 06:29:33 -
Workshop tonight on foreclosures, mortgage defaults (The Sacramento Bee)
A free workshop on foreclosure and mortgage default will be held tonight at the Oak Park Community Center.
2008-03-24 07:01:12 -
US Feb Existing Home Sales Up 2.9% To 5.03 Mln Rate (The Forex Market)
=========================================================== Feb Existing Home Sales Feb Jan ! Consensus: ! Total Sales: 5.03M 4.89M ! 4.85M ! % Change: +2.9% -0.4% ! Actual: ! Months Supply: 9.6 10.2r ! 5.03M ! ===========================================================
2008-03-24 07:09:34 -
US Treasury's Paulson praises expanded Federal Home Loan Bank mortgage investing (The Forex Market)
WASHINGTON (Thomson Financial) - US Treasury Secretary Henry Paulson today praised the expanded mortgage securities investment plan for the Federal Home Loan Banks announced this morning.
2008-03-24 07:53:52 -
After deportation, migrants are determined to return (USA Today)
The lives of three immigrants converged on Feb. 28 when they boarded a plane in Texas with 116 other men and women. They were being deported to El Salvador, targets of the U.S. government's crackdown on illegal immigrants.
2008-03-24 08:20:03 -
Bank of England refuses to buy 'toxic' mortgage-backed securities from banks (The Forex Market)
LONDON (Thomson Financial) - The Bank of England yesterday rejected lobbying from Britain's banks for it to follow the US Federal Reserve in buying "toxic" mortgage-backed securities from banks hit by the credit crunch, The Guardian reported.
2008-03-24 08:38:52