Lehman May Report 9 Percent Increase in Earnings on Gains in Bond Trading Lehman Brothers Holdings Inc., the fourth-largest Wall Street firm by market value, may be the only one of four investment banks to report a rise in fiscal second- quarter profits.via
Bankers survey shows support for mortgage bailout (The Bismarck Tribune) OMAHA, Neb. (AP) - Most rural bank CEOs surveyed in eleven Midwestern and Plains states support a federal bailout of mortgage lenders Fannie Mae and Freddie Mac in the event
Loss of Mortgage Client Hits WNS (Computer Business Online via Yahoo! UK & Ireland News) Indian BPO firm WNS Holdings reported a 34% increase in revenue for its second fiscal quarter, up to $115.6m, but the company saw its year-ago profits turn into a loss
Residents mad about addresses About a dozen residents turned out Monday to tell the town board what they thought of the proposal to renumber the town's street addresses, and the sentiments were not favorable.read
Resources lead TSX to 134 point rise; housing data helps send Dow to new record Canadian traders came back from the four-day Christmas holiday in a bullish mood to send the Toronto stock market up more than 130 points on Wednesday following half a dozen
Abbey raises mortgage rates (BBC News) Abbey reverses recent cuts in mortgage rates, as it and the Woolwich raise the prices of some new deals.read more...
‘I’ve seen a bargain £180,000 property at an auction in mid-June. As a first-time buyer, I have an agreement in principle but am terrified that the credit crunch will scupper the deal, and the mortgage won’t be approved in the required four weeks ? losing me a 10 per cent deposit. Am I worrying for no reason? Or should I buy via the normal housing market?’ Stuart Telling, Cumbria
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