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House passes broad housing rescue despite veto threat   President Bush flanked by House Minority Leader John Boehner, R-Ohio, right, and House Republican Whip Roy Blunt, R-Mo., left, walks from Cross Hall to make a statement, Wednesday, May


Retail Sales, Producer Prices Probably Fell in May, Economists Survey Says  Sales at U.S. retailers probably fell in May for the first time in eight months as consumers bought fewer cars and gasoline prices retreated from a record, economists said before


Banks 'exposed' over lax loans  THE nation's banking regulator has warned home lenders that their cutting corners on property valuations could expose them to unacceptable levels of bad debt in a major downturn.via


Mortgage Introducer :: Breaking News (Mortgage Introducer)  Yorkshire Building Society is launching an offset account that will track Bank of England base rate for the full term of the mortgage. The deal, which will be available from


London Criticized for Bomb Compensation (AP via Yahoo! News)   Compensation payments to London bombing victims and their families have been too slow, leaving the wounded and bereaved struggling to cover bills and mortgage payments, lawyers said Monday.read more...


New home loans down 7.9%  New residential mortgage loans drawn down in October fell 7.9% to $7.8 billion, the Monetary Authority says.read more...

May 8th, 2006

Understanding employee stock options

They’re complicated. Doing the wrong thing at the wrong time could cost you thousands of dollars.

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