Mortgage and Financial News From 2008-2-12 Page 24

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  • New mortgage rescue goes beyond subprime - China Daily

    New mortgage rescue goes beyond subprimeChina Daily, China - 7 minutes agoAmong the subprime borrowers aided, 150000 were helped through permanent-loan modifications, such as lower interest rates, while 395000 negotiated repayment ...
    2008-02-12 06:28:44

  • State Bank Q4 Net Income Falls; Total Revenue Rises 3% - Quick ... - RTT News

    State Bank Q4 Net Income Falls; Total Revenue Rises 3% - Quick ...RTT News, NY - 6 minutes agoTotal interest income for the quarter rose to $6.3 million from $6.16 million in the last year quarter. Net interest income for the quarter increased to ...
    2008-02-12 06:29:45

  • BOK freezes key rate for February - Yonhap News

    BOK freezes key rate for FebruaryYonhap News, South Korea - 3 minutes ago13 (Yonhap) -- South Korea's central bank on Wednesday left its key interest rate unchanged for the sixth straight month as policymakers became cautious ...
    2008-02-12 06:32:48

  • 6 mortgage lenders agree to plan to avoid foreclosures (USA Today)

    Six of the nation's largest mortgage lenders have agreed to expand their efforts to help homeowners avoid foreclosure, Treasury Secretary Henry Paulson announced Tuesday, warning that the worst of the foreclosure crisis is still ahead.Six large mortgage lenders and servicers launched a program Tuesday aimed at staving off foreclosure for delinquent borrowers in the hopes that more affordable ...
    2008-02-12 06:21:30

  • Japanese Market Rises On Wall Street Gains (Nasdaq)

    (RTTNews) - Tokyo shares opened over 1.5% higher Wednesday as insurance stocks climbed on an offer to rescue embattled U.S. bond insurers by billionaire investor Warren Buffett and a fresh U.S. mortgage relief plan.
    2008-02-12 06:23:19

  • New mortgage rescue goes beyond subprime (China Daily)

    Washington -- At-risk US borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan involving six big lenders of the United States.
    2008-02-12 06:24:12

  • Commonwealth Bank Says Buy Australian Dollar for Euro (Update1) (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Investors should buy the Australian dollar against the euro as a widening yield differential and low currency volatility makes the pair an attractive target for so- called carry trades, said Commonwealth Bank of Australia.
    2008-02-12 06:24:40

  • Japan's economy set to post modest growth on strong exports (Channel NewsAsia)

    TOKYO : Japan is expected to report Thursday that its economy posted modest growth in the fourth quarter of 2007 on the back of brisk demand for its exports in China and other Asian nations, analysts predicted.
    2008-02-12 06:25:56

  • Japan Current-Account Gap Narrows on Record Imports (Update2) (Bloomberg.com)

    Feb. 13 (Bloomberg) -- Japan's current account surplus narrowed for the first time in a year in December as higher oil costs pushed imports to a record.
    2008-02-12 06:29:04

  • US job cuts mount as slowdown erodes corporate profits (The Times of India)

    Brand-name American companies, spanning manufacturing, retailing and banking among other industries, are making sizeable job cuts as an economic slowdown bites corporate profits.
    2008-02-12 06:30:42

  • Ad promises refinancing and a trip to Hawaii (KGO-TV Bay Area)

    7 On Your Side chases down the promise of a free Hawaii vacation.
    2008-02-12 06:31:11

  • Dollar Trades Near One-Week Low Against Euro Before Sales Data (Bloomberg.com)

    Feb. 13 (Bloomberg) -- The dollar traded near its lowest in a week against the euro before a government report that will probably show a drop in U.S. retail sales, bolstering speculation the economy is headed for a recession.
    2008-02-12 06:32:18

  • Thailand: Asian Markets Rise In Post-holiday Trade; Investors Still Worry About Subprime Loan Crisis (Sin Chew Jit Poh)

    BANGKOK, THAILAND: Asian markets rose Tuesday (12 Feb) as more exchanges returned from holiday breaks, but investors continued to worry about the region's exposure to the U.S. subprime loan crisis and the health of the world's largest economy.
    2008-02-12 06:33:07

  • The German Way of War

    Weekly Standard - Apparently that's the memo Obama's campaign office in Houston got . Democrat Presidential candidate Barack Obama already has an issue with wearing American Flag lapel pins , and even with putting his hand over his heart when the American National ...
    2008-02-10 03:59:00

  • Bloomington's scramble to pay $75M tab means fee, tax hikes

    Pantagraph - It has been the policy of past councils to put additional strain onto the general fund and not raise rates,” Stockton said ... The City 'elite' are so used to their cushy jobs that they couldn't live on the median wage in BN. Compare their wages to ...
    2008-02-09 03:53:00

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