Rollercoaster FTSE ends day positive IN A topsy-turvy day for the market yesterday, blue-chips eventually stayed in positive territory after wobbling due to a shaky start on Wall Street.read more...
States probe banks' role in risky loans Authorities in New York and Connecticut are investigating whether Wall Street banks hid crucial information about high-risk loans bundled into securities that were sold to investors, Connecticut's Attorney ...
HBOS considers new shares to bolster finances as Nationwide increases minimum mortgage deposit (Evening Standard) Shares in the UK's biggest mortgage lender held firm today despite speculation that it will ask shareholders for as much as £4billion this week. Halifax Bank of Scotland gained one
Catholics closer to home at Wylie Lake area Catholics will finally have a church home of their own when All Saints Catholic Church opens next year.via
Fitch Takes Ratings Actions on 8 SAMI Mortgage P-T Issues (Business Wire via Yahoo! Finance) Fitch Ratings has taken ratings actions on the following Structured Asset Mortgage Investments issues:read more...
Fluctuating mortgage rates rise slightly (USA Today) Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.33%, up from 6.31% last week. Rates have exhibited a seesaw pattern of falling one week and then rising the
“Those who believe that yesterday’s huge write-downs mean there are no more skeletons in the closet could be in for a rude surprise”
The sugar rush that the Federal Reserve gave the stock market with a larger-than-expected interest-rate cut surely has gone to investors’ heads. via Arizona Republic
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