Mortgage and Financial News From 2008-6-30 Page 9
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Obama Outraised Clinton By Two To One In March - US News and World Report
The AP reports this morning that Sen. Barack Obama "raked in" $40 million last month leaving Sen. Hillary Clinton "and her $20 million in the fundraising dust and stuffing his campaign treasury so he can outspend her in the crucial Pennsylvania ...
2008-06-28 12:48:00 -
Richardson to Help Clinton Ease Debt - ABC News Blogs
ABC News' David Chalian Reports: Clinton ally James Carville may have called him "Judas" when he endorsed Barack Obama over Hillary Clinton in March, but that isn't stopping Gov. Bill Richardson D-NM., from offering to raise money to help Sen ...
2008-06-28 05:56:00 -
KIBBE: Mortgages hook for taxpayers? - The Washington Times
Shareholders of Countrywide Financial have voted for Bank of America 's estimated $3 billion takeover of the struggling mortgage company. Many analysts and investors publicly wonder why Bank of America would buy the troubled mortgage lender, which ...
2008-06-29 12:08:00 -
Examiner.com // 3 hrs ago - San Francisco Examiner
Renton man dies during triathlon Patrick Findlay, 45, of Renton, Wash., had been in the water at Wickiup Reservoir for about 1,200 meters when he realized something was wrong and swam to an event volunteer for help, said Jon Atherton, a director of ...
2008-06-30 12:50:00 -
When bankers gave lessons in lending (BizJournals)
At a discussion on the regional foreclosure crisis I moderated last week, an audience member asked the panel of housing authorities from the District, Maryland and Virginia why there was so little blame assigned to the borrowers in the mortgage meltdown. Whatever happened, he asked, to individual responsibility and “buyer beware”?
2008-06-29 09:42:24 -
FirstAgain Offers Education Loan Alternative for Borrowers Amid Dwindling Access to Traditional Financing Sources (Business Wire via Yahoo! Finance)
SAN DIEGO----FirstAgain® LLC, an online consumer lender focusing exclusively on individuals with excellent credit, offers a welcome alternative to borrowers who potentially could find themselves unable to access traditional forms of education financing this fall.
2008-06-30 05:00:00 -
Vijaya Bank raises key interest rates by 50 bps - Business Standard
Under domestic term deposits of 180 days up to 364 days, interest rates have been raised by 50 basis points from 7.5 per cent to 8 per cent, while for deposits of 1 year to less than 2 years, the Bank has raised interest rate from 8.8 per cent to 9 ...
2008-06-30 03:28:00 -
Eurozone inflation jumps to 4% - Financial Times
Prices in the eurozone are rising at 4 per cent a year, the highest inflation rate the 15-nation bloc has seen since statistics began in 1997 and a further sign the European Central Bank will raise its main rate from 4 to 4.25 per cent on Thursday ...
2008-06-30 02:52:00 -
State Bank's Bhatt Sees Less Profit From India Loans (Update2) - Bloomberg
June 30 (Bloomberg) -- Indian banks, wrestling with the highest borrowing costs in 6 1/2 years, will earn less from each loan, spurring a switch to mutual funds and insurance, said Om Prakash Bhatt , chairman of the nation's biggest lender. The ...
2008-06-30 02:45:00 -
China's shares dip to 16-month low, bringing month's decline to 20 ... - MSN UK News
Chinese shares dipped Monday as the market wrapped up a dismal month in which the market index plunged 20 percent on worries about oil prices and a possible rate hike to cool inflation. The benchmark Shanghai Composite Index closed down 0.45 percent ...
2008-06-30 03:35:00 -
Union Bank of India's Q1 profit under pressure - Business Standard
Higher interest rates and a general slowdown in credit off-take could affect Union Bank of India's Q1 net profit, a top bank official said. "Our performance in the first quarter was not so good. However, we are quite optimistic about clocking a ...
2008-06-30 03:28:00 -
Resolution Hardens Among Buy to Let Investors - The Prime Investors in ... - EIN News
LONDON, June 30 /PRNewswire/ -- Buy to Let landlords are increasingly resolved to maintain their portfolios of residential investment property. This is despite the fall in house prices. Only a tiny minority, 1.3%, expects to sell because of current ...
2008-06-30 12:22:00 -
Ministers warn over ECB rate rise - Guardian Unlimited
BERLIN, June 29 (Reuters) - German Economy Minister Michael Glos publicly admonished Finance Minister Peer Steinbrueck on Sunday for his unusual appeal to the European Central Bank to refrain from raising interest rates. Steinbrueck, who was quoted ...
2008-06-29 02:49:00 -
Japan Local-Currency Credit Rating Raised by Moody's (Update1) (Bloomberg.com)
June 30 (Bloomberg) -- Japan's local-currency credit rating was raised one level to Aa3 by Moody's Investors Service, which cited government efforts to curb spending and reduce debt.
2008-06-30 02:19:56 -
India's growth may slow down to 7.5% (rediff.com)
Soaring inflation and high interest rates are expected to take a toll on the Indian economy, which is expected to witness a growth rate of 7.5 per cent this financial year against 9 per cent in 2007-08, according to Germany based Dresdner Bank.
2008-06-30 02:56:03