Mortgage and Financial News From 2008-5-15 Page 6

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  • Brutal First Quarter for BankUnited - Street.Com

    Yesterday, BankUnited Financial Corporation BKUNA said it took a loss in the first quarter amid impairment charges and provisions for loan losses. BankUnited reported a net loss of $65.8 million for the first quarter of 2008, following positive net ...
    2008-05-13 01:50:00
  • European Expansion Accelerates More Than Forecast (Update1) - Bloomberg

    May 15 (Bloomberg) -- European economic growth accelerated more than economists forecast in the first three months of 2008 as stronger expansions in Germany and France masked slowdowns in Spain and Italy. Gross domestic product in the euro area ...
    2008-05-15 03:04:00
  • UPDATE 1-U.S. commercial paper market shrinks further - Reuters

    NEW YORK, May 15 (Reuters) - The U.S. commercial paper market shrank for a seventh straight week to a fresh two-year low in level outstanding, bogged down by the asset-backed sector, Federal Reserve data showed on Thursday. For the week ended May 14 ...
    2008-05-15 07:28:00
  • (AFX UK Focus) 2008-05-15 15:45 THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST (Interactive Investor)

    2008-05-15 15:22:19 Africa's economic growth will be sustained by high commodity prices - S&P
    2008-05-15 08:09:39
  • Rates on 30-year mortgages fall to lowest point in a month (10:44 a.m.) (The Record)

    WASHINGTON (AP) — Rates on 30-year mortgages edged down this week to their lowest point in a month, a spot of welcome news to would-be home buyers.
    2008-05-15 11:53:39
  • The Fed's Emperor's Club (GoldSeek.com)

    *** Why the oil price will correct itself…everything happens at the margins…and more!
    2008-05-15 12:32:30
  • Light at end of Florida’s economic tunnel exists but still far away, state officials says (Naples Daily News)

    Florida’s economy is like a roller coaster, but the downs aren’t the exhilarating part. State Chief Financial Officer Alex Sink spoke about Florida’s economy at a Greater Naples Chamber of Commerce breakfast Thursday morning, mentioning property insurance, financial advocacy, the subprime crisis and the skyrocketing foreclosure rate.
    2008-05-15 12:57:55
  • Low yield and high risk equal bust (International Herald Tribune)

    The Merrill Lynch deal is now a candidate for the title of the worst mortgage securitization ever.
    2008-05-15 01:30:01
  • Bank mortgage moves under magic 9 per cent mark (The New Zealand Herald)

    Kiwibank has cut its key 2 year fixed mortgage rate to 8.99 per cent from 9.29 per cent, moving below 9 per cent for the first time in six months. Kiwibank is the first bank to offer a sub-9 per cent 2 year mortgage rate since mid November.
    2008-05-15 01:46:17
  • Gas Guzzlers Choking at the Pump - ABC News

    As the average price of gasoline creeps toward $4 a gallon, Americans are finally beginning to curb their use and change their guzzling habits. (AP Photo) The nation's gasoline consumption has fallen by an average 1.1 percent for the last six weeks ...
    2008-05-05 05:56:00
  • Mickey Kaus - Slate

    I don’t want my 17-year-old son to have to pick tomatoes or make beds in Las Vegas. ” Has Rove accidentally ripped the mask off the vicious social inegalitarianism of Bush's immigration plan, as Mark Krikorian argues , or does a more benign ...
    2008-05-07 01:50:00
  • Price Gouging - OpEdNews.com

    Christopher Westley: Fiscal Follies A beautiful layout of our current fiscal crisis, and how the government got us here. Saturday, January 12: Curt Day: A New Pledge And Allegiance Are Needed Rather than being concerned about the whether the phrase ...
    2008-05-11 07:55:00
  • Barney, Say It Isn't So - Town Hall

    Barney Frank, the prominent Massachusetts congressman, is sponsoring a bill that he feels will help the recovery of the real estate industry. I, on the other hand, find it flawed in oh-so-many ways. The biggest giveaway is the last part of the bill ...
    2008-05-13 05:54:00
  • Global Water Wants To Pipe Into Southwestern Markets (Forbes)

    Phoenix-based water utility files IPO to make water a sustainable resource for booming southwestern cities.
    2008-05-14 04:09:03
  • *vwd/BUSINESS WIRE: FSA Holdings First Quarter 2008 Results part_1/2 (vwd.de)

    MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH.
    2008-05-14 06:25:23