Mortgage and Financial News From 2008-1-5 Page 14

Previous Day: 2008-01-04

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• Risks to economy call for a rates cut - Scotland on Sunday

  Risks to economy call for a rates cutScotland on Sunday, UK - 1 hour agoThe first was the Bank's credit conditions survey showing that lenders had embarked on a sharp clampdown on borrowers in both the household and corporate ...
  2008-01-05 04:06:50

• Slowdown in job market increases Bank's woes - The Observer

  Slowdown in job market increases Bank's woesThe Observer, UK - 1 hour agoWith a credit squeeze looming, as lenders absorb losses from the US sub-prime crisis, analysts fear the UK, with its heavy consumer debt burden and sky-high ...
  2008-01-05 04:12:49

• The Debt Crisis Moves to Center Stage - Executive Intelligence Review (EIR)

  The Debt Crisis Moves to Center StageExecutive Intelligence Review (EIR), VA - 1 hour agoThe way the debt machine worked can be seen in the case of mortgage-backed securities (MBS). Mortgage lenders would make loans to people to buy homes, ...
  2008-01-05 04:32:20

• 18th Ditrict race: Minimum tax, housing market key issues - Bloomington Pantagraph

  18th Ditrict race: Minimum tax, housing market key issuesBloomington Pantagraph,  USA - 1 hour agoBush struck a deal with lenders to freeze rising interest rates on some of those loans in order to try to prevent some foreclosures. ...
  2008-01-05 04:35:09

• Banks cut back on discounted mortgage rates - Sunday Business Post

  Banks cut back on discounted mortgage ratesSunday Business Post, Ireland - 1 hour ago... and were as important to mortgage customers as the rate increases for new business recently announced by leading lenders such as Ulster Bank and AIB. ...
  2008-01-05 04:39:54

• Britain’s bank protection plan positive, say experts - Gulf Times

  Britain’s bank protection plan positive, say expertsGulf Times, Qatar - 1 hour agoContinuing pressure in credit markets and signs of a slowdown in the housing market have led to speculation that other UK mortgage lenders such as Alliance ...
  2008-01-05 04:58:05

• Every UK home to face 15pc energy price rise - Guardian Unlimited

  Every UK home to face 15pc energy price riseGuardian Unlimited, UK - 56 minutes ago... borrowing rises after the US sub-prime mortgage disaster and the Northern Rock crisis. Britons have £222bn of outstanding credit card bills as lenders ...
  2008-01-05 05:04:00

• Iraqi soldier suspected of killing 2 American servicemen (Detroit Free Press)

  BAGHDAD — An Iraqi soldier is accused of turning on two decorated American servicemen and shooting them to death during a joint operation in northern Iraq, the U.S. military said today. An Iraqi official said the suspect may have links to militant groups.
  2008-01-05 04:00:48

• Slow job market adds to Bank's woes (Guardian Unlimited)

  Business & money: Employers' clamour for rate cut reaches new pitch as credit crunch hits the British job market
  2008-01-05 04:15:40

• UK homes face 15% energy price rise (Guardian Unlimited)

  Major energy companies to announce an increase in gas and electricity bills for all of Britain's homes
  2008-01-05 04:16:40

• How healthy is your medical credit score? (Austin American-Statesman)

  DALLAS — Mortgage lenders aren't the only ones showing more interest in your credit score these days — the health industry is creating its own score to judge your ability to pay.
  2008-01-05 04:27:52

• 18th Ditrict race: Minimum tax, housing market key issues (The Pantagraph)

  SPRINGFIELD — As the housing market remains uncertain and the word “recession” is used more often by economic experts, Central Illinois voters’ interest in their own finances could help guide their decision on a new congressman.
  2008-01-05 04:38:22

• Israel ends Nablus sweep as Gaza Strip fighting continues (Detroit Free Press)

  NABLUS, West Bank — Israeli troops wound up a four-day sweep of wanted men and munitions caches in the West Bank town of Nablus today, and residents confined at home since the operation began ventured outside to survey damage and resume their lives.
  2008-01-05 05:00:25

• Every UK home to face 15pc energy price rise (Guardian Unlimited)

  Energy firms set to announce 15 per cent price rise for all British homes
  2008-01-05 05:18:19

• Children under 10 not allowed at Disney World restaurant (Detroit Free Press)

  ORLANDO, Fla. — The home of Mickey Mouse, Tigger and Tinkerbell has banned kids from its fanciest restaurant.
  2008-01-05 05:45:26

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