Mortgage and Financial News From 2008-6-30 Page 8
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Higher tax returns, sale of mortgage arm help H&R Block swing to 4Q ... - Minneapolis Star Tribune
KANSAS CITY, Mo. - H&R Block Inc., the nation's largest tax preparer, said Monday it swung to a fourth-quarter profit, helped by a record-setting tax season and the sale of its troubled mortgage arm. The Kansas City-based company earned $543.6 ...
2008-06-30 04:11:00 -
Home loan approvals at record low - Croydon Guardian
The number of mortgages approved for people buying a house sunk to a new record low during May, figures showed. Loans agreed for people moving home slumped by 28% during the month to just 42,000 - a third of the number agreed in May last year, the ...
2008-06-30 05:37:00 -
Mortgage lending slump sparks house price fears - Daily Telegraph
Just 42,000 loans were handed out in May – down from 58,000 in April and a massive slump of 64 per cent compared to this time a year ago, when 116,000 mortgages were given to home buyers.
2008-06-30 04:11:00 -
UK mortgage approvals plunge to 15-year low - Times Online
The number of new mortgage approvals during the 12 months to May plunged by 64 per cent to a record low, as the slump in the UK housing market shows no signs of abating. Monthly figures released by the Bank of England today revealed that 42,000 home ...
2008-06-30 04:11:00 -
New York Mortgage Trust, Inc. 33% Increase in Second Quarter 2008 ... - MSN MoneyCentral
NEW YORK, June 30 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (the "Company") NYMT announced today that its Board of Directors declared a cash dividend of $0.16 per share on shares of its common stock for the quarter ended June 30, 2008 ...
2008-06-30 05:29:00 -
H&R Block swings back to a fourth-quarter profit (The Globe and Mail)
A record-setting tax season and the sale of its troubled mortgage arm help tax preparer back into the black
2008-06-30 05:51:21 -
Crash worries grow over U.K. housing market (The Globe and Mail)
New figures show approvals for home loans plummeting to a record low and consumer mood at its bleakest since the onset of the recession in 1990
2008-06-30 05:51:41 -
The American Lawyer's July Issue Spotlights Pro Bono Breakout and Crowns Munger, Tolles & Olson as New Am Law ... (Business Wire via Yahoo! Finance)
NEW YORK----The July issue of The American Lawyer reports that, for once, pro bono may be safe from a recession. Based on the magazine’s annual survey results, released today, 2007 proved to be a banner year for volunteer legal service.
2008-06-30 05:55:00 -
Priceline Says Big-City Hotel Deals Are Plentiful For Upcoming 4th Of July Celebrations (Business Wire via Yahoo! Finance)
NORWALK, Conn.----Here's some good news for fireworks fans whose towns have canceled their July 4th pyrotechnics displays for budgetary reasons. Priceline.com www.priceline.com says it is seeing plenty of hotel availability at budget-friendly prices in major cities still planning huge Independence Day weekend celebrations.
2008-06-30 06:00:00 -
BlackRock's Bob Doll Expects U.S. Equities to ''Grind Higher'' in 2008'S Second Half, with Help of Global Growth, ... (Business Wire via Yahoo! Finance)
NEW YORK----Though the U.S. economy continues to face risks, the sense of “crisis” that was prevalent earlier in the year seems to have faded, and stock prices should “grind higher,” albeit with continued volatility, as 2008’s second half proceeds, according to Robert C.
2008-06-30 06:00:00 -
Brandywine Announces $412.5 Million Sale of Oakland Portfolio (Marketwire via Yahoo! Finance)
Brandywine Realty Trust announced today that it has entered into a definitive agreement to sell five properties totaling approximately 1.7 million net rentable square feet in Oakland, California for an aggregate price of $412.5 million. The five properties are One Kaiser Plaza, 1901 Harrison Street, 1333 Broadway, 2101 Webster Street and 2100 Franklin Street, the first four of which were 88.7% ...
2008-06-30 06:05:00 -
An Inflation-Combating Fund (KiplingerForecasts.com)
Fidelity Strategic Real Return has produced impressive returns this year by building protection against rising prices into its portfolio.
2008-06-30 06:09:27 -
Tips In Buying The Best Florida Home (Turks.US)
Planning to settle down in Florida? Then it is wise to pick the best home that will fit perfectly with your lifestyle, as well as your needs for comfort and convenience.
2008-06-30 06:16:30 -
James Randel: Piling on Angelo Mozilo??? (HuffingtonPost)
Angelo Mozilo, CEO and founder of Countrywide Financial, is probably in for a bad year. Among his other worries, he has just been sued by...
2008-06-30 06:23:03 -
Bank of America to alter loan practices - Chicago Tribune
As public hearings begin on its proposed purchase of Countrywide Financial Corp. , Bank of America Corp. will announce Tuesday that it will stop making, or significantly curtail, several types of mortgages criticized by consumer advocates for ...
2008-06-28 12:17:00