Mortgage and Financial News From 2008-3-31 Page 5
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Stocks Edge Higher As Plan Details Aired (The San Francisco Examiner)
NEW YORK ( Map , News ) - Stocks rose moderately Monday after a reading on regional manufacturing came in better than expected and as investors examined details of a government plan to overhaul the way Wall Street is regulated.
2008-03-31 08:48:45 -
Paulson Proposes Financial Overhaul (IWon - Money)
WASHINGTON (AP) — The Bush administration Monday proposed the most far-ranging overhaul of the financial regulatory system since the stock market crash of 1929 and the ensuing Great Depression.
2008-03-31 08:52:17 -
New Yorker: Americans Are Going For Broke (NBC 5 Chicago)
Now that hard times are here, we may find ourselves with a genuine bankruptcy crisis. But it will be one that Congress created. The Financial Page.
2008-03-31 08:53:47 -
Bonds Rally on Treasury Plan Concerns (San Francisco Chronicle)
Treasury prices rallied Monday amid concerns that an exhaustive Bush administration proposal to completely overhaul financial regulation won't address the current credit crisis. The proposal, unveiled in a speech by Treasury Secretary Henry Paulson, would...
2008-03-31 08:55:11 -
Begging Bankers (Forbes)
The hunt for capital begins as Wall Street braces for billions in new write-downs.
2008-03-31 08:56:29 -
Thornburg Gets Another Break (Forbes)
Creditors have given the firm a third extension to raise $1 billion of capital and stave off bankruptcy.
2008-03-29 11:27:56 -
Financial literacy aim of monthlong program at Kennewick business (Tri-City Herald)
When you whip out the plastic to buy that new pair of jeans or flat screen TV, does it cross your mind how many hours of work it took to earn that money?
2008-03-30 02:07:10 -
March 28, 2008 (GlobeSt.com)
It seems appropriate that Tom Petty performed at the Super Bowl. Although the New York Giants are in the ascendancy, Wall Street is clearly Free Falling.
2008-03-31 12:16:33 -
Northern Rock sinks to a loss (The Globe and Mail)
Aiming to repay the U.K. government by 2011
2008-03-31 04:03:55 -
Northern Rock will be in the red until 2012 (Daily Telegraph)
Northern Rock made a £168m loss last year and does not expect to return to profit before 2012.
2008-03-31 04:06:09 -
Mortgage review findings will help shape future of FSA regime (UK Financial Services Authority)
The Financial Services Authority (FSA) today published the findings of the second stage of its Mortgage Effectiveness Review, which focused on consumer experiences in the sub-prime and lifetime mortgage sectors of the market.
2008-03-31 04:27:47 -
FSA finds areas of non-compliance with arrears rules (Money Marketing Online)
The FSA has found areas of non-compliance by firms with arrears rules as part of the second stage of its mortgage effectiveness review. It says it is undertaking focused thematic work on the arrears management practices of firms to establish whether such problems are indeed occurring.
2008-03-31 04:38:34 -
Bush to Europe, but Europe Looks Past Him (ABC News)
World leaders calculate if they should commit to a lame duck president.
2008-03-31 04:46:31 -
HSBC Starts Private Banking Operations in China (Update2) (Bloomberg.com)
March 31 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, started private banking services in China as rising demand from the nation's growing ranks of millionaires helps counter slower growth in U.S. and Europe.
2008-03-31 04:46:44 -
Homeowners negotiating with lenders (Coshocton Tribune)
COLUMBUS - John King lost his job four years ago due to a heart condition, but the mortgage payments on his home keep rising. So the 58-year-old from Reynoldsburg showed up at a foreclosure fair on Sunday to meet his lender face-to-face. By the time he went home, his monthly mortgage bill was $400 cheaper.
2008-03-31 05:01:06