Mortgage and Financial News From 2008-7-16 Page 5
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Wells Fargo profit falls on loan losses, but the bank beats estimates ... - Los Angeles Times
NEW YORK (AP) _ Wells Fargo gave anxious investors a pleasant surprise Wednesday, reporting a profit drop that was milder than anticipated and lifting its quarterly dividend by 10 percent.Wells Fargo's second-quarter profit fell 22 percent as more ...
2008-07-16 10:40:00 -
Bernanke:Fannie, Freddie in no danger of failing - BusinessWeek
Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing." The Fed chief made his remarks to the House Financial Services Committee, his second day on Capitol ...
2008-07-16 10:11:00 -
'People are worried,' Bernanke acknowledges - USA Today
WASHINGTON — A slowing economy and rapid inflation are presenting significant challenges to Federal Reserve policymakers, Chairman Ben Bernanke told the Senate Banking Committee on Tuesday. Bernanke, presenting the Fed's twice-annual report to ...
2008-07-14 05:59:00 -
Types of Mortgage Loans - Walletpop.com
Major types of mortgage loans include: Fixed-rate loans. Because they offer a monthly payment that is known and does not change, fixed-rate mortgage loans remain the most popular type. Most fixed-rate mortgages are for loan terms of 15 or 30-years. A ...
2008-07-14 05:59:00 -
Mortgage Lending Day to help South Side residents keep their homes - dBusinessNews.com
Chicago-- To help homeowners and homebuyers learn how to obtain a responsible new mortgage and avoid the risk of losing their home to foreclosure, ShoreBank presents its third annual Mortgage Lending Day, on Saturday, July 19, from 10am-2pm, at the ...
2008-07-15 10:05:00 -
Oxford Reviews Possible Mortgage Banking Acquisition - MSN MoneyCentral
Oxford Funding Corp. (PINKSHEETS: OXFD) is reviewing information supplied under a confidentiality agreement in connection with the possible acquisition of a mortgage banking company located on the East Coast. The potential acquisition candidate is a ...
2008-07-15 03:53:00 -
Pope ends Australia vacation, readies for pilgrims - San Francisco Gate
Pope Benedict XVI ended a short vacation with a visit from some of Australia's exotic animals then took up residence in a gothic cathedral on Wednesday to prepare for his debut in front of some 200,000 pilgrims at the Roman Catholic youth festival ...
2008-07-16 07:55:00 -
U.K. Local-Government Workers Begin Strike Over Pay (Update2) - Bloomberg
July 16 (Bloomberg) -- Hundreds of thousands of local- government workers in the U.K. began a two-day strike over pay, closing schools, museums and libraries and canceling garbage collections. As many as 600,000 workers were expected to walk off the ...
2008-07-16 06:43:00 -
Tradeweb and Charles River Development Launch Global Solution for Post ... - MSN MoneyCentral
JERSEY CITY, N.J. , July 16 /PRNewswire/ -- Tradeweb, a leading over-the-counter multi-asset class online marketplace, and Charles River Development, an award-winning provider of financial software and services to the global investment management ...
2008-07-16 06:08:00 -
Mudslinging, deals overshadow confidence vote - Reuters India
NEW DELHI (Reuters) - Unheard of political alliances. Accusations of vote-buying to the tune of more than $6 million an MP. Criticisms of shady corporate lobbying with one of the world's richest men. With the fate of the government dependent on a ...
2008-07-16 07:12:00 -
N.C. banks in good shape despite economic downturn, officials say (The Wilmington Star-News)
The last bank failure in North Carolina was in Wilmington - more than 10 years ago.
2008-07-16 06:23:33 -
Drought and Israeli Policy Threaten West Bank Water Security (Baltimore Chronicle & Sentinel)
The coming Palestinian Water Famine. Fresh water is precious everywhere but especially in one of the driest, hottest places on earth - the Middle East. It's why it's a strategic resource and the reason countries like Israel do everything possible to secure a reliable supply.
2008-07-16 06:32:45 -
Rudd has big teaching job ahead (The Australian)
THE ALP can't slip climate reforms past the public, nor will the Libs support what must be done.
2008-07-16 07:00:00 -
Housing sales hit new low (The Courier Mail)
HOUSE and unit sales have fallen to their lowest level in nine years as the impact of interest rate rises and high fuel and grocery prices hit.
2008-07-16 07:00:00 -
News Europe (Aljazeera)
King Albert II of Belgium has started discussions with politicians in an attempt to break the political deadlock between the country's linguistic groups.
2008-07-16 07:04:14