Mortgage and Financial News From 2008-9-30 Page 16

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  • Service Channels (Web Host Directory)

    The financial crisis is currently the biggest news story. Bailout, crisis, Dexia, Fortis, etc. are buzzwords discussed on Twitter and are all over the financial news. But what does it mean for the web industry?
    2008-09-30 08:10:18

  • Asian Central Banks Promise Action as Crisis Deepens (Update2) (Bloomberg)

    Sept. 30 (Bloomberg) -- Central banks from Australia to Japan pumped cash into their money markets and promised to take more steps to alleviate a credit shortage after U.S. lawmakers rejected a $700 billion financial-rescue package.
    2008-09-30 08:11:37

  • Buy-To-Let Gets Busted! (The Motley Fool)

    The collapse of Britain's biggest buy-to-let mortgage lender spells bad news for landlords....
    2008-09-30 08:14:51

  • Media Firms Hit Hard as Bailout Fails (AdWeek)

    NEW YORK The U.S. stock market suffered one of the worst days in its history Monday -- and judging from what fell hardest, you'd think the teetering economy is the fault of entertainment companies instead of shenanigans at financial institutions.
    2008-09-30 08:14:58

  • Stocks Tread Higher But Credit Still Stiff (Forbes)

    Interbank lending rates spike again after Monday's bailout stunner, while stocks moved higher.
    2008-09-30 08:15:16

  • No bailout = higher credit card, mortgage rates (St. Louis Business Journal)

    Without a $700 billion bailout of the financial market, everyone will experience a tightening of credit and an increase in mortgage and credit card rates, experts say.
    2008-09-30 08:24:11

  • Ballooning debt is not unique - we've been here before (The New Zealand Herald)

    The proposed - and failed - US$700 billion ($1.04 trillion) bailout of the financial system was staggering, for sure, but there have been times when American debt relative to the size of the whole economy has been just as big - sometimes much bigger.
    2008-09-30 08:30:41

  • Banks in miser mode send borrowing rates soaring (Courier-Post)

    Bank-to-bank lending rates jumped today and Treasury bill demand remained high, a day after Congress' rejection of the bank bailout plan cast an even deeper freeze over the barely operational credit markets.
    2008-09-30 08:32:30

  • Crunch pushes up Samaritan calls - BBC News

    Terrence Collis from the Samaritans said: "We have had an increase in the number of calls that we are having. It would seem likely that it is down to the stress of the current financial climate. "People are worried about the impact on their lives ...
    2008-09-30 05:49:00

  • Local stocks plunge more than 4 per cent - News.com.au

    THE Australian share market closed down 4.3 per cent, losing about $55 billion in value, as investors fled most sectors after a US financial rescue was rejected. The US Congress voted down a $US700 billion ($879.78 billion) bailout package for US ...
    2008-09-30 03:26:00

  • B&B shareholders face 20-year wait for cash - MyFinances.co.uk

    Bradford & Bingley shareholders could wait up to 20 years to see their money back. Roger Lawson, of the UK Shareholders Association (UKSA), explained shareholders of the nationalised bank were "irate", especially those who signed up to the lender's ...
    2008-09-30 02:50:00

  • An Expert-Induced Bubble - Reason.com

    How is it that assets built out of mortgages which just yesterday were worth so much are worth so little today? Investors have only recently come to realize that the ratings for these assets were terribly biased. The question now is why we ever came ...
    2008-09-30 03:55:00

  • CIC to Host eSignature Mortgage Workout Webinar Featuring Leading ... - MSN MoneyCentral

    Leveraging Electronic Signature Based Technology in the Mortgage Workout Process: Responding More Rapidly While Cutting Costs REDWOOD SHORES, Calif., Sept. 30 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: CICI) Communication Intelligence Corporation ...
    2008-09-30 05:56:00

  • FSA bans and fines mortgage broker for serious regulatory failures (UK Financial Services Authority)

    The Financial Services Authority (FSA) has banned North Wales mortgage broker Stephen Jones and fined him £100,000 after finding he had exposed about 1500 customers to the risk of receiving unsuitable advice.
    2008-09-30 05:49:40

  • Crunch pushes up Samaritan calls (BBC News)

    Samaritans say the stress of the current economic crisis has resulted in a sharp rise in calls to its service.
    2008-09-30 05:59:24

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