Mortgage and Financial News From 2008-5-16 Page 9
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Home Depot thriving in Mexico (Atlanta Journal-Constitution)
With the U.S. home improvement market hobbled by an unrelenting housing slump, Atlanta-based Home Depot is predicting a far rosier outlook in Mexico, which is in the midst of an unprecedented housing boom. The Mexican government hopes to spur construction of 16 million houses by 2030, a goal that would nearly double the nation's current stock. President Felipe Calderon has argued that a robust ...
2008-05-16 05:51:53 -
Ahead of the Bell: Yahoo's move after Icahn (Boston Globe)
Billionaire investor Carl Icahn's feud for control of Yahoo Inc. may push the Internet portal back into the arms of previously spurned Microsoft Corp. , an analyst said late Thursday.
2008-05-16 05:54:39 -
Reverse mortgage meeting set Monday - Chico Enterprise-Record
There is no cost, but seating is limited. Reservations are requested, and can be made by calling 221-3377. Topics include the new fixed rate reverse mortgage, advantages, disadvantages, interest rate calculations, Federal Home Loan modernization ...
2008-05-16 12:18:00 -
Orphans coping after murder-suicide (Honolulu Advertiser)
In a single, agonizing instant, four Dikito children — the youngest of whom had watched the shooting — had become orphans.
2008-05-16 04:15:59 -
Housing association on new proposals to widen home ownership (Guardian Unlimited)
Plans to expand shared home ownership aren't targeting the right problems, says Mark Vaughan of Notting Hill Home Ownership
2008-05-16 04:18:55 -
Hovnanian Announces Debt Refinancing (PR Newswire via Yahoo! Finance)
Hovnanian Enterprises, Inc. announced today that it plans to issue an aggregate principal amount of up to $600.0 million of 5-year senior secured notes in a private placement.
2008-05-16 04:30:00 -
County’s foreclosure rate surges | By Marisa Beahm The Reporter-Herald (Loveland Reporter-Herald)
The Colorado Division of Housing reported a 23 percent surge in foreclosure filings for the first quarter of this year, compared with the same period last year. Larimer County’s first-quarter foreclosure filing increase was 4 percentage points higher than the state’s average.
2008-05-16 04:31:37 -
2,100-plus liens filed against Regency homes (The Des Moines Register)
The three-county total of mechanic’s liens provides the truest glimpse yet of metro-area property affected by the Iowa home builder’s financial crisis.
2008-05-16 04:38:24 -
Housing market cools, but no bust on horizon: report (The Sault Star)
Canada's cooling real-estate sector is slowly moving toward a more balanced market, but there won't be any bust like that seen in the U.S. following the subprime mortgage crisis, Scotiabank economist Adrienne Warren said Thursday following the release of several housing reports. "We have been anticipating lower [...]
2008-05-16 04:38:34 -
Mortgage rate cuts a 'flash in the pan' (Guardian Unlimited)
Fixed-rate loans more expensive than at any time in the past eight years
2008-05-16 04:45:35 -
Oft Request To Investigate Anti-competitive Practices By Rightmove (Press Dispensary)
As the housing market slumps and energy prices rise, OFT is asked to investigate Rightmove's attempts to block industry initiative that will help ...
2008-05-16 04:52:12 -
Debt battle home saved - News.com.au
HOBART car salesman Darren Scarcella and his partner Clare were last night rejoicing after managing to hang on to their Rosetta home. Dozens of Tasmanians responded to the plight of Mr Scarcella, who two weeks ago looked like losing his $280,000 ...
2008-05-13 10:04:00 -
MUFG falls on report of $3.8 bln subprime pain - Forbes
TOKYO, May 14 (Reuters) - Shares in Mitsubishi UFJ Financial Group, (nyse: MTU - news - people ) fell as much as 4.5 percent after a newspaper reported Japan's biggest bank might have suffered up to $3.8 billion in losses from the credit crisis in ...
2008-05-14 01:46:00 -
U.S. Stock Futures Drop on Profits; Deere, Electronic Arts Fall - Bloomberg
May 14 (Bloomberg) -- U.S. stock-index futures declined after disappointing earnings forecasts at Deere & Co. and Electronic Arts Inc. spurred concern that the slump in profits will linger into the rest of the year. Deere, the world's largest maker ...
2008-05-14 05:06:00 -
TFN NEWS BRIEFING: Aerospace and transportation highlights to 09:10 ... - CNBC
2008-05-16 09:04:38 China's Guangzhou Baiyun Intl Airport to issue 1 bln yuan in 122-day bills BEIJING (XFN-ASIA) - Guangzhou Baiyun International Airport Co Ltd (SHA 600004) said it will ssue one bln yuan in 122-day short-term bills on May 26. 2008 ...
2008-05-16 01:15:00