Mortgage and Financial News From 2008-1-18 Page 10

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  • Northeast Bancorp Announces 2nd Quarter Earnings and Dividend and ...

    MSN MoneyCentral - LEWISTON, Maine, Jan. 18, 2008 (PRIME NEWSWIRE) -- Northeast Bancorp (Nasdaq:NBN), today announced that net income for ... We've been talking about the interest rate environment and the irrational pricing for the past eight quarters. With the shake up ...
    2008-01-18 12:59:00

  • Monarch Community Bancorp, Inc. Announces 2007 Earnings

    MSN MoneyCentral - COLDWATER, Mich., Jan. 18, 2008 (PRIME NEWSWIRE) -- Monarch Community Bancorp, Inc. (Nasdaq:MCBF), the parent company of ... Management attributes this to the competitive interest rate environment throughout 2007. The provision for loan losses was $971 ...
    2008-01-18 12:59:00

  • ANALYSIS-Bank of Canada has rare flexibility in rate decision

    Forbes - ... Bank of Canada has rare flexibility in rate decision 01.18.08, 1:51 PM ET By Louise Egan OTTAWA (Reuters) - Easing inflation in Canada gives the Bank of Canada plenty of leeway to slash interest rates ... encourage commercial banks to lower their prime ...
    2008-01-18 10:57:00

  • Crisis deepens for bond insurer

    BBC Business - But a series of interest rate rises over the past two years has meant many sub-prime borrowers could no longer afford their monthly payments, causing them to default. This led to a steep fall in the value of investments linked to sub-prime loans and ...
    2008-01-18 11:54:00

  • George Bush just lost the job he wanted more than this one. - Slate

    George Bush just lost the job he wanted more than this one.Slate - 4 hours agoWith the Writers Guild on strike, the networks are flooding prime time with reality shows, but none like this. Mitt was right about one thing: The Romney ...
    2008-01-18 03:06:44

  • Guaranty Federal Bancshares, Inc. Announces 2007 Financial Results - Trading Markets (press release)

    Guaranty Federal Bancshares, Inc. Announces 2007 Financial ResultsTrading Markets (press release), CA - 4 hours agoThe Federal Reserve made interest rate cuts of 1% during the quarter which negatively impacted the Company's yield on loans which are tied to the prime rate ...
    2008-01-18 03:14:23

  • New Futures Exchange has Many Challenges, Few Edges - Hedgeworld (subscription)

    New Futures Exchange has Many Challenges, Few EdgesHedgeworld (subscription), NY - 3 hours ago"It's a pretty big advantage," he said, adding that the CME has to pay for prime real estate in downtown Chicago, where its physical trading floors are ...
    2008-01-18 03:40:19

  • Election campain hits 'Best Small Town in America' - AFP

    Election campain hits 'Best Small Town in America'AFP - 3 hours ago"I want a 90-day moratorium on foreclosures, I want to freeze interest rates on these adjustable rate mortgages for five years." The appearance in Elko of ...
    2008-01-18 03:45:53

  • Giants enjoy the rebound - Contractor Mag

    Giants enjoy the reboundContractor Mag, IL - 3 hours ago"Interest rates are driving multifamily housing," Hill says. "Three years ago we figured the housing party was over, but as long as you can borrow money, ...
    2008-01-18 03:49:36

  • Telekom Malaysia brings innovative ABS - IFR Asia

    Telekom Malaysia brings innovative ABSIFR Asia, UK - 3 hours agoThe placement is testament of the resilience of sukuk investors’ interest in property in this post-sub-prime climate. The deal is structured into classes ...
    2008-01-18 04:03:02

  • Pressures grow as December sales fall - The Herald

    Pressures grow as December sales fallThe Herald, UK - 3 hours agoThe Bank of England reduced its benchmark rate by a quarter-point to 5.5% in December to help contain the economic damage from the US sub-prime mortgage ...
    2008-01-18 04:03:57

  • ECB closely monitoring German wage round - Quaden - Guardian Unlimited

    ECB closely monitoring German wage round - QuadenGuardian Unlimited, UK - 3 hours agoThe ECB had responded with interest rate hikes at the end of 2006 and early 2007 to the perceived risk of inflation in the face of criticism, ...
    2008-01-18 04:09:43

  • Shares in freefall amid fears of a global downturn - NEWS.com.au

    Shares in freefall amid fears of a global downturnNEWS.com.au, Australia - 3 hours agoOne bright spot for Australian consumers could be a stay in interest rate hikes. The RBA has to keep inflation growth beneath 3 per cent - uncertain ...
    2008-01-18 04:14:31

  • Colen Garrow: Economist, Brait - Moneyweb

    Colen Garrow: Economist, BraitMoneyweb, South Africa - 3 hours agoWe've had high interest rates, and certainly I feel the Reserve Bank has maybe pushed interest-rate hikes too far. But if you have confidence affected, ...
    2008-01-18 04:20:06

  • How the web is shaping the paradise island of Vorovoro - Telegraph.co.uk

    How the web is shaping the paradise island of VorovoroTelegraph.co.uk, United Kingdom - 2 hours agoIt's tricky to estimate precisely how many special-interest communities there are out there; however, many aren't open to the public anyway. ...
    2008-01-18 04:32:21

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