Mortgage and Financial News From 2008-5-15 Page 2
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David Webb Resigns From Hong Kong Exchanges Board (Update3) (Bloomberg.com)
May 16 (Bloomberg) -- David Webb , Hong Kong's most prominent shareholder activist, quit as an independent director of the city's stock exchange, citing political interference and poor corporate governance.
2008-05-15 08:51:39 -
For Wall Street Workers, Ax Falls Quietly (NYTimes.com via Yahoo! Finance)
Some people who have lost jobs, and many more struggling to hold them, say banks are keeping employees in the dark about the size and timing of layoffs.
2008-05-15 09:37:16 -
Woman given 10 days to leave home of 40 years - Katu.com
EUGENE, Ore. -- Imagine having just 10 days to move out of a house you've lived in for nearly 40 years. That's what happened to 78-year-old Misa McKern. Wednesday was the final day for her to pack up everything after her house was sold at a ...
2008-05-15 05:01:00 -
Essex boys and girls will wreak revenge for being sold a pup - Daily Telegraph
Earlier this week, those to whom the leader of Her Majesty's Opposition refers as "the Essex Two" spent an agreeable evening at Britain's newest racecourse. My colleague Simon Heffer and I visited Great Leighs to sample our home county's bold move ...
2008-05-15 04:54:00 -
Banks enjoy mortgage windfall, sort of - Financial Standard
The reverse mortgage market is in the doldrums following the withdrawal from the market by one lender and sharp cutbacks by a couple of others. But brokers report that while there is still demand from people who need access to funds even though ...
2008-05-15 04:04:00 -
New data confirm fall in house building - Financial Times
The apparent sudden sharp fall in number of new homes being built has been confirmed by official government data for the first time, adding to fears that national housing targets are increasingly out of reach. The number of housing starts in the ...
2008-05-15 04:04:00 -
EXCLUSIVE-JPMorgan to close or spin-off most Bear funds - Forbes
NEW YORK (Reuters) - JPMorgan Chase (nyse: JPM - news - people ) & Co expects to liquidate or spin off much of the asset management arm of Bear Stearns Cos Inc (nyse: BSCPRE - news - people ) after it takes over Bear next month, people familiar with ...
2008-05-15 03:57:00 -
Senators reach deal on housing rescue: sources - Washington Post
Resize Text WASHINGTON (Reuters) - Key members of the U.S. Senate have reached a deal on a sweeping housing rescue plan in which Fannie Mae and Freddie Mac would backstop a government mortgage insurance fund, two industry sources said on Thursday ...
2008-05-15 01:48:00 -
Profits: Bracing for a second-half surge - CNN Money
NEW YORK (CNNMoney.com) -- The wretched earnings environment is expected to improve dramatically in the second half of the year, in what may be an early sign that the economic recession or slowdown will be short-lived. At least that's what the stock ...
2008-05-15 01:55:00 -
Stocks advance as investors sift through data - Boston Globe
NEW YORK— Wall Street moved higher Thursday after a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected after the near-collapse of the mortgage market. A pullback in oil prices and ...
2008-05-15 02:38:00 -
UPDATE 3-Mizuho posts Q4 loss on subprime, forecasts rebound - Reuters
TOKYO, May 15 (Reuters) - Mizuho Financial Group (8411.T: Quote , Profile , Research ), Japan's second-largest bank, booked its first quarterly loss in five years on Thursday, hit by a $2.9 billion subprime meltdown at its brokerage unit, but ...
2008-05-15 12:29:00 -
Cullen Speech: Pre-budget address to the CMA (Scoop.co.nz)
Hello and thank you for that introduction.
2008-05-14 05:38:19 -
Beware mortgage 'rescuers' (The News-Press)
Just like 13,571 other mortgages in Lee County, Valerie Hamilton's was behind.
2008-05-14 10:24:24 -
IN BRIEF: Awards night at ALHS tonight (Albert Lea Tribune)
Senior Awards Night will be celebrated at Albert Lea High Senior High at 7 p.m. roday in the auditorium. At that time, the valedictorians will be announced, the pop 10 percent introduced and scholarships and awards for academics, leadership and performance will be recognized.
2008-05-15 05:33:45 -
Hamish McRae: Inflation spike may cause a sustained squeeze on incomes in UK and abroad (Independent)
Start with the Bank of England's Inflation Report and then let's think a bit about the way in which the likely profile of the economic downturn seems to be shifting.
2008-05-15 07:28:24