Mortgage and Financial News From 2008-5-19 Page 7
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Fitch affirms HDFC Home Loan Securitisation (Daily News)
Fitch Ratings Lanka has on Friday affirmed the ‘AA-(lka)’ (AA minus(lka)) National Long-term rating on the series A pass-through certificates (PTCs) issued by the Home Loan Securitisation Trust (HLST).
2008-05-19 12:41:15 -
Mortgage aid: Navigating a murky process (The Bulletin)
WASHINGTON ’ Zena Collins knew she had a serious problem when she could no longer afford electricity.The mortgage payment on her Gaithersburg, Md., house had jumped about $500, to $2,000 a month, not counting taxes and insurance, after her adjustable interest rate increased. When she bought the house in 2000, she was a pension administrator. By the time her company decided to cut her job, she ...
2008-05-19 12:44:09 -
Citigroup may cut up to 700 UK jobs (Stuff)
Citigroup, which unveiled a radical overhaul earlier this month, could cut almost a quarter of jobs in its UK consumer business as it focuses on its Citi and Egg brands, closing off lending through two other units.
2008-05-19 12:44:31 -
Home loans resume at First Direct - BBC News
First Direct was the first bank to withdraw its entire mortgage range to avoid being swamped by new business, but it said it could now handle new applications after clearing its backlog. Chris Pilling, First Direct's chief executive, said his staff ...
2008-05-19 08:07:00 -
Shares better bet than houses - News.com.au
Local shares beat property returns over 20 years Shares won at both lowest and highest marginal tax rates More investing news in our Money section AUSTRALIAN shares outperformed both listed property trusts and residential property to provide the best ...
2008-05-19 07:52:00 -
Blues execs get top dollar (Detroit Free Press)
In his second year as chief executive officer at Blue Cross Blue Shield of Michigan, Daniel Loepp earned $1,657,555, a 67% raise over his $999,351 salary and compensation in 2006, the company's 2007 financial records show. Both figures are well above the national average for insurance CEOs.
2008-05-19 12:24:09 -
Refinancing: Great deals ... if you qualify (Bankrate.com via Yahoo! Finance)
If you've kept your credit score up and can prove your income, here's where and how to find the best refi deals.
2008-05-19 03:00:00 -
Uganda: To Take Or Not to Take Mortgage? (AllAfrica.com)
THE construction industry has become a major driver of economic growth in the last 10 years. Everybody who is anyone is either building or buying property.
2008-05-19 04:47:34 -
Bradford & Bingley Plunges on U.K. Mortgage Outlook (Update2) (Bloomberg.com)
May 19 (Bloomberg) -- Bradford & Bingley Plc , the U.K.'s biggest lender to landlords, fell to an all-time low as Panmure Gordon & Co. said the economic outlook worsened ``significantly.''
2008-05-19 07:51:03 -
Home loans resume at First Direct (BBC News)
First Direct, part of the HSBC banking group, starts selling mortgages again to new customers.
2008-05-19 08:23:04 -
Precious Metal Stock Review (GoldSeek.com)
It was quite a week, Gold broke above $900, Silver is close to $17, banks wrote down as usual. Political risk is escalating; demand is increasing while supply is diminishing. It’s the same old story, now we wait.
2008-05-19 09:32:30 -
Fame and Fortune: Alan Sillitoe - Times Online
Alan Sillitoe was one of the “Angry Young Men” of the 1950s alongside John Osborne, John Braine and Kingsley Amis. Sillitoe was born in Nottingham and left school at 14. He worked in the Raleigh bicycle factory for three years and then as an air ...
2008-05-18 01:37:00 -
When to Get an Adjustable-Rate Mortgage - Street.Com
The catch? Given that rates are currently at or close to historic lows, there is a good chance that rates will adjust upwards after that. Before signing up for an ARM, you need to be sure that you can weather a worst-case scenario. Almost all ARMs ...
2008-05-19 08:07:00 -
How much house can you afford? (Akron Beacon Journal)
Can you afford to buy a house? Maybe. Can you afford to own a house?
2008-05-17 11:13:17 -
Be like Britney — and trim your spending (MSNBC)
Britney Spears apparently keeps track of her spending better than most of us.
2008-05-18 11:05:50