Mortgage and Financial News From 2008-3-31 Page 7
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Banks are seeking ways to boost earnings in face of ongoing crisis (Kathimerini)
The global credit crisis has made life more difficult for Greek banks as the cost of money has gone up and loan growth has slowed down.
2008-03-31 02:07:45 -
Clash over mortgage mess (The Cincinnati Enquirer)
The housing crisis is a major issue in the presidential campaign with clear lines drawn between Republicans and Democrats.
2008-03-31 02:35:48 -
More News (Daily Breeze)
Sorry, no items are currently available. Ben Bernanke and his buddies at the Federal Reserve sure are determined to turn the tide of woe that has swamped the residential real estate market.
2008-03-31 12:52:27 -
Paragon sees 50pc fall in lending (Independent)
Buy-to-let mortgage lender Paragon said today it expected staff numbers to reduce by a third as it faces up to lower levels of new business.
2008-03-31 12:53:00 -
Melbourne company building new headquarters (Orlando Sentinel)
Brevard County-based BRPH Cos. will break ground next month on a new headquarters in Melbourne, to accommodate future growth.
2008-03-31 01:17:21 -
Credit clampdown may make it hard to get mortgages (Lansing State Journal)
Would-be homeowners with middling credit scores are finding mortgages difficult to come by as wary lenders clamp down on credit.
2008-03-31 01:20:37 -
The last days of Bear Stearns (CNN Money)
You could detect a trace of fear in his voice. Mostly he seemed stunned. It was March 6, and one of Bear Stearns's top bond executives had dialed me up unprompted. The executive had dished about competitors in the past, but he had never initiated a discussion, much less one about his own firm. Now he explained that financial institutions that he dealt with - firms he had traded with for years - ...
2008-03-31 01:33:49 -
M&A Bankers Suffer 35% Drop in Fees as Deals Dry Up From Record (Bloomberg.com)
March 31 (Bloomberg) -- Mergers and acquisitions bankers suffered a 35 percent drop in fees during the first quarter, just weeks after cashing bonuses from a record year.
2008-03-31 01:34:17 -
Advertisement starts (Tiscali)
LONDON (Reuters) - Mortgage bank Paragon expects to lend half as much to buy-to-let customers in the first half of 2008 compared to last year because funding is harder to get due to the credit crisis, it said on Monday.
2008-03-31 01:34:58 -
Stephen King: Low inflation isn't everything: just ask a Twenties flapper (Independent)
It's time, I think, to ask some really fundamental questions about the conduct of economic policy.
2008-03-30 05:38:29 -
House prices fall for sixth month (Reuters.co.uk)
LONDON (Reuters) - House prices in England and Wales fell for a sixth month running in March, pushing the annual rate of inflation to its lowest in two years, a survey shows.
2008-03-31 12:05:32 -
Yen Declines as Japanese Banks Sell Overseas Investment Funds (Bloomberg.com)
March 31 (Bloomberg) -- The yen fell against the dollar as banks in Japan sold mutual funds focused on overseas assets, following the currency's biggest quarterly gain since 1999.
2008-03-31 12:16:33 -
Will U.S. economic woes expose Latin America, Caribbean to new turmoil? (Miami Herald)
Is the party winding down? After riding an export boom that sent economic growth surging to its highest levels in three decades, Latin America now finds itself vulnerable to U.S. financial turmoil and the possibility that world commodity prices may fall.
2008-03-31 12:18:00 -
Rates tipped to stay on hold tomorrow (The West Australian)
Interest rates are widely tipped to remain on hold tomorrow even though dearer petrol, food and rent keep inflation well above the central bank’s target zone.
2008-03-31 12:19:19 -
Outlook is good for temps (Courier-Post)
Demand for temporary workers has grown significantly this decade and is expected to continue, despite the nation's slumping economy.
2008-03-31 12:24:02