Mortgage and Financial News From 2008-5-26 Page 7
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Monetary management (The Hindu)
On monetary management, Dr Reddy noted that high fiscal deficit (accounting for 50 per cent of the household savings), dominant Government ownership of the banking system (70 per cent is Government controlled) and administered interest rates were “complicating” monetary management.
2008-05-26 11:34:00 -
Md. home sale prices fall - Baltimore Sun
Maryland home prices declined more in the first quarter than in all but seven other states, the federal government said yesterday. Home sale prices in the state fell 4.8 percent in the first three months of the year from the corresponding period in ...
2008-05-26 04:59:00 -
UBS Falls After Saying More Mortgage Losses Possible (Update2) - Bloomberg
May 26 (Bloomberg) -- UBS AG , the European bank hardest hit by the U.S. subprime contagion, fell the most in more than two months in Swiss trading after saying it may face more losses from mortgage securities. UBS declined 1.74 Swiss francs, or 5.8 ...
2008-05-26 09:03:00 -
Morgan Stanley says sells Russian mortgage business - Reuters
MOSCOW, May 26 (Reuters) - The Russian subsidiary of Morgan Stanley (MS.N: Quote , Profile , Research ) said on Monday it plans to sell its mortgage lending unit. Morgan Stanley bought the City Mortgages bank in 2006 in a deal valued at $185 million ...
2008-05-26 08:34:00 -
Tough Sell: Consumer Doubts Dampen Retail Growth (Commercial Property News)
One day during a trip to Arizona in the middle of March, David Jacobstein, a senior retail advisor for Deloitte & Touche USA L.L.P., drove his rental car past a row of furniture stores in Scottsdale.
2008-05-26 09:03:26 -
Person Injured In East Windsor Home Invasion (Eyewitness News 3 Hartford)
Police are searching for three men in connection with an overnight home invasion in East Windsor on Monday.
2008-05-26 09:36:56 -
FEMA Offers Rebuilding Tips For Homeowners (WAPT Jackson)
Mississippians who want to learn how to protect their homes from future flooding can get assistance from Federal Emergency Management Agency mitigation specialists this week.
2008-05-26 10:00:28 -
AP Financial NewsBrief at 12:39 p.m. EDT (INO News)
BERLIN (AP) _ Infineon Technologies AG said Monday that its chief executive, Wolfgang Ziebart, will resign at the end of the month over what it said was a difference in strategy for the money-losing semiconductor maker.
2008-05-26 10:04:41 -
US Dollar Faces Nasty Mix of News on Tuesday (Daily FX)
• Euro: Will the German Economy Remain the Engine of Euro-zone Growth? • British Pound: Will the Focus Shift Away from Inflation to the UK Economic Slowdown?
2008-05-26 10:05:46 -
Need to know - Times Online
High street conditions Further insights into the uncertain state of consumer demand and retail trading is expected in the CBI’s monthly distributive trades survey, due out on Thursday. Economists believe that the data will show further weakness in ...
2008-05-26 04:24:00 -
Bank Holiday blues for DIY stores - Times Online
Falling sales of home improvement products are casting a pall over the Bank Holiday for DIY retailers who are expecting less hammering, painting and shelf installation as the housing market continues to slow. Sales in the £10.9 billion home ...
2008-05-26 01:53:00 -
GE To Sell Australian Mortgage Unit - All Headline News
Sydney, Australia (AHN) - Wizard Home Loans founder and chairman Mark Bouris is reportedly eyeing regaining the business he and James Packer sold to a subsidiary of General Electric Corp. in 2004. Bouris' plans may be thwarted by GE Money announcing ...
2008-05-26 05:49:00 -
Trading can solve 1 problem for 2 (The Sarasota Herald-Tribune)
A house swap can be a creative option if you need to quickly buy or sell in a down real estate market.
2008-05-26 01:47:57 -
Foreclosure Scams Lurking In Your Neighborhood (Forbes)
Fraudsters are targeting those in danger of losing their homes.
2008-05-26 03:06:25 -
Melon art has suitors drooling (Miami Herald)
As Miami-Dade prosecutors continue to pursue fraud and theft charges against developer Raul Masvidal and impatient lenders peck at the remnants of his fortune, a vital question remains unanswered:
2008-05-26 07:11:04