Mortgage and Financial News From 2008-5-20 Page 10
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U.K. Faces Housing Crisis - Forbes
The Royal Institution of Chartered Surveyors said that the number of U.K. home sales could fall by 40% this year. Residential property affects the stability of financial markets and affects the real economy via the construction, financial, estate ...
2008-05-20 03:05:00 -
First Direct resumes mortgage lending - Times Online
First Direct, the online and telephone lender owned by HSBC, has started selling mortgages again to new customers after withdrawing from the market seven weeks ago. Mortgage experts are hoping that First Direct's re-entry into the market signals an ...
2008-05-20 05:14:00 -
Dodd, Shelby Agree on $300 Billion Mortgage-Insurance Measure - Bloomberg
May 20 (Bloomberg) -- U.S. Senate Banking Committee leaders moved closer to passing housing legislation that would stem foreclosures by insuring as much as $300 billion in mortgages and create a new regulator for Fannie Mae and Freddie Mac . Senators ...
2008-05-20 03:55:00 -
Iowa Home Foreclosure Up (KCRG-TV9 Cedar Rapids)
The number of people looking for help with foreclosure problems is rising, according to the Consumer Credit Counseling Service of Northeastern Iowa. Until now, there haven't been any real numbers to show foreclosure is a problem here, but now the service says it's up 20 percent.
2008-05-20 04:06:24 -
(AFX UK Focus) 2008-05-20 11:41 On the Watch: DryShips, Fannie Mae (Interactive Investor)
NEW YORK (AP) - Shares of Greek drybulk shipper DryShips Inc. may trade actively on Tuesday, following news that first-quarter profit more than doubled.
2008-05-20 04:08:40 -
Housing Crisis Bill Gets Bipartisan Support (WCVB Boston)
Lawmakers say they are one step closing to bringing much-needed help to homeowners facing foreclosure.
2008-05-20 04:40:18 -
Bank of Japan leaves interest rates unchanged (Khaleej Times)
TOKYO - The Bank of Japan left its super-low interest rates unchanged for a 15th straight month on Tuesday as policymakers grappled with worries about slowing economic growth and faster inflation.
2008-05-20 04:43:26 -
QuestSoft Hires Parvesh Sahi as New Product Director (Business Wire via Yahoo! Finance)
LAGUNA HILLS, Calif.----QuestSoft, a leading provider of automated lending compliance review software, announced the addition of Parvesh K. Sahi as Product Director for the company's Compliance EAGLE system, an end-to-end, fully automated compliance review solution for mortgage lenders.
2008-05-20 05:30:00 -
Calyx Software Introduces Software Development Kit (Business Wire via Yahoo! Finance)
DALLAS----Calyx Software®, the mortgage industry's leading provider of loan origination and processing software, announced the general availability of Point Software Development KitTM .
2008-05-20 05:30:00 -
Japan: BoJ leaves interest rate unchanged - FXStreet.com
Home :: Fundamental :: Interest Rates :: Japan: BoJ leaves interest rate unchanged Send Print Add To Rss Japan: BoJ leaves interest rate unchanged Tue, May 20 2008, 10:24 GMT
2008-05-20 03:19:00 -
Interest rate warning over inflation - Shropshire Star
The Bank of England will be forced to raise interest rates by 1.5 per cent in order to meet its government inflation targets, it was warned on Tuesday. A report by the Ernst & Young Item club forecasts high food, fuel and energy costs will push ...
2008-05-20 02:50:00 -
Australian dollar hits new 24-year high - News.com.au
THE Australian dollar hit a fresh 24-year high today after hawkish minutes from the Reserve Bank indicated another interest rate rise is still on the agenda. At 1700 AEST, the Australian dollar was trading at $US0.9610/14, up from yesterday's close ...
2008-05-20 01:46:00 -
Bank of Japan keeps interest rates steady - Newsday
TOKYO - Japan's central bank kept interest rates steady Tuesday as widely expected amid lingering worries about a global slowdown. The seven-member policy board was unanimous in keeping the benchmark overnight call rate unchanged at 0.5 percent at ...
2008-05-20 03:33:00 -
Forex - Euro buoyed by above-forecast German inflation news ahead of ... - Forbes
LONDON (Thomson Financial) - The euro was buoyed this morning after forecast-busting German producer price inflation further cemented market expectations that the European Central Bank will not be cutting interest rates any time soon. Figures from ...
2008-05-20 01:46:00 -
CME Group completes integration of trading floors - Chicago Tribune
CHICAGO - Exchange operator CME Group said Monday it completed the last portions of its integration with the Chicago Board of Trade , which it acquired last year. Trading floors for equity, foreign exchange, interest rate and commodity trading have ...
2008-05-19 06:12:00