Mortgage and Financial News From 2008-7-2 Page 7
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Lender now a lawsuit target (The Sarasota Herald-Tribune)
Countrywide's takeover may help plaintiffs
2008-07-02 01:52:16 -
Find the Best Deal on Refinancing Your Home (Today's News-Herald)
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?
2008-07-02 06:17:27 -
Broker Pleads Guilty To Stealing Mortgage Payments (NBC 10 Philadelphia)
A former mortgage broker who pleaded guilty to stealing mortgage payments in Delaware, Montgomery and Bucks counties faces 18 to 36 months in state prison.
2008-07-02 08:15:48 -
SBI hikes interest rates on home, car loans - Hindustan Times
Home loans and auto financing from public sector State Bank of India would be dearer as the lender has decided to hike interest rates by 50 basis points on all credit linked to prime lending rates. Speaking at a function in Ghaziabad on Monday, State ...
2008-06-30 12:32:00 -
India's HDFC hikes retail prime lending rate by 0.5 pct - Forbes
MUMBAI (Thomson Financial) - India's Housing Development Finance Corp. (HDFC) said it has raised its retail prime lending rate (RPLR) on which its adjustable rate home loans are benchmarked, by 0.50 percent with effect July 1. The housing finance ...
2008-06-30 09:40:00 -
Should troubled start-ups blame the messenger? - CNET News
No one's denying that the economy's rough . Not a single U.S. company filed for an initial public offering in the second quarter of 2008, the first time since 1978 that this has happened. Mergers in the tech and media industries are down. In this ...
2008-07-02 06:39:00 -
India's SBI to review home loan rates next week - Reuters
NEW DELHI, July 1 (Reuters) - State Bank of India (SBI.BO: Quote , Profile , Research , Stock Buzz ), the country's largest lender, will decide in a week's time whether to raise interest rates on home loans, its chief, O.P. Bhatt, said on Tuesday ...
2008-06-30 10:19:00 -
Duckwall-ALCO Stores Appoints Lawrence Zigerelli as President and CEO - MSN MoneyCentral
ABILENE, Kan., July 2, 2008 (PRIME NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced the appointment of Lawrence J. Zigerelli as President and Chief Executive Officer. The new CEO brings to Duckwall-ALCO Stores an in-depth ...
2008-07-02 06:17:00 -
Syndicate Bank raises deposit rates - Livemint.com
Bangalore: Syndicate Bank has increased interest rates on deposits up to 90 basis points with effect from 2 July. “The Bank has also revised Benchmark Prime Lending Rate (BPLR) from existing 13% to 13.50% with effect from 2 July,” it said in a ...
2008-07-02 07:36:00 -
Lightstone Value Plus REIT Expands Portfolio by Acquiring Interest in ... - Forbes
Lightstone Value Plus REIT, the industry's first "no front-end load" real estate investment trust, today announced that it is acquiring interests, varying from 22.54 percent to 25.00 percent, in 20 factory outlet centers from affiliates of Arbor ...
2008-07-02 06:39:00 -
RESCUING ROCKAWAY - New York Post
THE city may at long last soon start repairing some of the decades of harm it's inflicted on the Rockaways. A six-mile-long section of the 11-mile peninsula jutting out from Queens' southern corner, Rockaway offers an "unbelievably beautiful setting ...
2008-07-02 01:24:00 -
Quest Resource Corporation Announces Pricing of Public Offering - MSN MoneyCentral
Quest Resource Corporation (NASDAQ: QRCP) ("Quest") announced today the pricing of a follow-on public offering of 8,800,000 shares of its common stock at a price of $10.25 per share. Quest has also granted the underwriters a 30-day over-allotment ...
2008-07-02 03:25:00 -
Housing equity withdrawal falls sharply in first quarter - Reuters UK
LONDON (Reuters) - Britons extracted less cash from their homes in the first quarter of this year, suggesting tighter credit conditions are sapping a key driver of consumer spending. Figures from the Bank of England on Wednesday showed housing equity ...
2008-07-02 01:59:00 -
Sitronics says Intracom Telecom signs 150 million euro bond loan ... - Forbes
LONDON (Thomson Financial) - JSC Sitronics said Intracom Telecom, a part of Sitronics Telecom Solutions business division, has signed a 150 million euro bond loan agreement arranged jointly by Alpha Bank, HSBC , Geniki bank, National Bank of Greece ...
2008-07-02 01:38:00 -
Housing slowdown starts to bite economy hard - Reuters
LONDON (Reuters) - Construction activity fell at its sharpest pace in at least 11 years in June, a survey showed on Wednesday, in one of the clearest signs yet of how falling house prices are hitting the wider economy. The news coincided with a ...
2008-07-02 09:30:00