Mideast banks to report subprime losses "I am sure there will be write-downs from Middle East banks" DUBAI: Banks in the Middle East will announce losses from exposure to the US subprime mortgage crisis when
MBA survey says mortgage applications fell last week (CNNMoney.com via Yahoo! Finance) The number of people applying for home loans fell last week, an industry group said Wednesday.read more...
Too-Good-to-Be-True Tax Myths First in a series of columns "The income tax created more criminals than any other single act of government." read more...
Lenders put up mortgage costs (Channel 4) Mortgage lenders have begun putting up the cost of borrowing in response to the latest move by the Bank of England on interest rates. Among the first off the blocks
Outsource and beat the doom mongers Brought to you by the Evening Echo Everyone hopes the doom-mongers are wrong about a business slowdown, but there are still signs to beware and tips to heed, especially if
Bear Stearns says president Spector has resigned BEAR Stearns said on Sunday that Warren Spector has resigned his positions of president and co-chief operating officer, member of the executive committee, and member of the board. via
Mortgage rates turned higher this week, though they remain near eight-month lows.
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