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Tuesday, October 21, 2008
AFP -
FRANKFURT (AFP) — The financial crisis has provided a needed culling of weak US financial institutions and mortgage giants Fannie Mae and Freddie Mac should bow out in turn, a top New York banker said Tuesday. "What I like about where we are ... -
Wednesday, October 22, 2008
Salt Lake Tribune, United States -
Many blame the current economic crisis on a failure of the free market. Just the opposite - it is a failure of government-planned economies. Many news stories and articles document the government laws and regulations that forced banks to loan to people who, ... -
Wednesday, October 22, 2008
San Francisco Chronicle, USA -
(10-21) 18:15 PDT SAN FRANCISCO -- The US housing market will continue to struggle until at least next summer, according to the Mortgage Bankers Association , which is meeting this week in San Francisco. ... -
Wednesday, October 22, 2008
Detroit Free Press, United States -
US House Republicans called on the Justice Department to broaden its probe into the collapse of the subprime mortgage market and look into allegations of wrongdoing by Fannie Mae and Freddie Mac executives. ... -
Tuesday, October 21, 2008
MarketWatch -
, , ) today announced net income for the fiscal year ended September 30, 2008 of $2.9 million, or $0.28 per diluted share, compared with net income of $9.0 million, or $0.88 per diluted share, for the year ended September 30, 2007. The Company reported a net ... -
Tuesday, October 21, 2008
MarketWatch -
, , ) (the "Company") today announced its earnings results for the third quarter of 2008. Net income for the third quarter of 2008 was $7558000 as compared ... -
Tuesday, October 21, 2008
MarketWatch -
, , ) (the "Company") reported a net loss of $6.9 million or $.94 per share for the quarter ended September 30, 2008 compared to net income of $4.9 million or $.67 per share for the quarter ended June 30, 2008 and $4.2 million or $.54 per share for ... -
Tuesday, October 21, 2008
MarketWatch -
, , ) , the holding company of the 121-year-old IBERIABANK ( http://www.iberiabank.com) and Pulaski Bank and Trust Company ( http://www.pulaskibank.com), ... -
Wednesday, October 22, 2008
Business Standard, India -
Private sector bank Yes Bank has posted a 41 per cent increase in its net for the second quarter of this financial year as compared to corresponding quarter last year. The bank has posted a net profit of Rs 63.62 crore for the quarter ... -
Wednesday, October 22, 2008
MarketWatch -
, , ) , the mid-tier holding company for HeritageBank of the South, today announced financial results for the third quarter and nine months ended September 30, 2008 and 2007, may be found at the Company's website under ...
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Wednesday, October 22, 2008
Seattle Post Intelligencer -
While new is shiny and pretty, with many of the bells and whistles you yearn for, it usually isn't the best choice for your first home purchase. Your first home purchase should be not only a place to call home, but also a place you ... -
Tuesday, October 21, 2008
Business Spectator, Australia -
National Australia Bank Ltd (NAB) may buy Australia's biggest non-bank lender, Wizard Home Loans, within a number of days, The Australian has reported. ... -
Tuesday, October 21, 2008
The Australian, Australia -
Wizard was put up for sale in late May by GE Money, a subsidiary of New York Stock Exchange-listed giant General Electric. NAB would not comment on the speculation, but informed sources said the acquisition was scheduled to be announced next week at the latest -- barring any ... -
Tuesday, October 21, 2008
Reuters -
SYDNEY, Oct 22 (Reuters) - National Australia Bank (NAB.AX: Quote, Profile, Research, Stock Buzz), the country's top lender, is days away from buying GE Money's (GE.N: Quote , Profile , Research , Stock Buzz ) Australian mortgage business Wizard ... -
Tuesday, October 21, 2008
SmartCompany.com.au, Australia -
In corporate news, National Australia Bank is reported to be just days away from announcing it has purchased Wizard Home Loans, which has been put up for ... -
Oct 17, 2008
Sydney Morning Herald, Australia -
ANZ Banking Group Ltd has moved to lower its variable home loan interest rate by 25 basis points, saying the cost of wholesale funding was easing. Effective from Monday, October 27, the interest rate on ANZ's standard variable rate home loan will fall ... -
Oct 17, 2008
The Australian, Australia -
ANZ has broken ranks with its rivals by cutting home loan rates by 25 basis points in the midst of the global credit crisis. The ANZ Bank has broken ranks with its rivals and announced a 25 basis point cut to its mortgage rates. ... -
Oct 17, 2008
NEWS.com.au, Australia -
THE federal Government is poised to modify its deposit guarantee scheme to offset the danger that it could cause one of the very problems it was trying to offset. Last week's sweeping guarantees were designed to instil confidence in the system ... -
Oct 17, 2008
The Age, Australia -
THE ANZ has ignited a mortgage rate war, becoming the first bank in more than a decade to cut its standard variable rate independently of a move from the Reserve Bank. Late yesterday, the ANZ announced a cut in standard variable mortgage ... -
Oct 17, 2008
The Age, Australia -
TAKE A bow, Mr Rudd. Take a bow, Mr Swan. It is your good work that has delivered the extraordinary out-of-cycle rate cut by the ANZ bank, and in more ways than the ANZ cares to acknowledge. On Sunday after crisis talks with officials ...
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