Mortgage and Financial News From 2008-4-12 Page 2
Previous Day: 2008-04-11
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Philippine property firms look closer to home for sales (Boston Globe)
Merly Paz, a Filipina domestic worker in Hong Kong, has stopped sending money for the construction of her home in southern Iriga City because the peso value of her U.S. dollar-pegged salary has fallen sharply.
2008-04-12 06:36:28 -
Forced sales up nearly 20 per cent in a week (The New Zealand Herald)
A surge in mortgagee sales is surprising even seasoned real estate agents, with one dealing with 70 forced sales in three months this year - compared with 12 for the whole of 2007.
2008-04-12 07:03:59 -
Major economies urged to stabilize financial market (China Daily)
WASHINGTON -- Zhou Xiaochuan, governor of China's central bank, said on Saturday that the major advanced economies have primary responsibility to stabilize global financial market.
2008-04-12 07:43:15 -
Fed's Kohn: Regulators Can Only Soften Future Market Events (The Forex Market)
WASHINGTON -(Dow Jones)- International banking regulators acknowledged Saturday that they can only lessen the effects of future crises in the financial markets, not prevent them.
2008-04-12 11:32:16 -
PBOC Zhou: Forex Has Limited Role In Fixing Trade Imbalances (The Forex Market)
WASHINGTON -(Dow Jones)- China's central bank governor Zhou Xiaochuan said Saturday the role of foreign exchange rates in correcting global trade imbalances is limited and shouldn't be overplayed.
2008-04-12 01:17:08 -
Shocked Beaumont residents give no quarter (Stuff)
Owners of apartments in Auckland's Beaumont Quarter leasehold development have voted to fight moves to increase their ground rents by more than 400 per cent as they face potential losses of more than $100,000 on the value of their properties.
2008-04-12 01:42:29 -
Mortgages: First-timers feel the heat (Independent)
By Laura Harding
2008-04-12 04:14:04 -
Standing on the threshold of losing their home (Independent)
The man on the phone is desperate. He is in his late 30s and has two small children. He owes £30,000 on overdrafts, loans and credit cards and has missed several payments on his mortgage. A debt collector is knocking on his front door even as he's speaking.
2008-04-12 04:35:18 -
New NSW rescue package to help families (The West Australian)
A financial rescue package to help struggling families cope with interest rate rises and higher living costs has been unveiled by NSW Premier Morris Iemma.
2008-04-12 04:57:39 -
Veteran market trader speaks out (Miami Herald)
Muriel Siebert's long career in trading stocks has been full of firsts -- first woman to own a seat on the New York Stock Exchange (1967), first banking superintendent of New York (1977). The maverick role suits the scrappy Siebert, known as Mickie, just fine. From her perch at her discount brokerage firm, Muriel Siebert & Co., Siebert has freely shared her opinions over the last three decades ...
2008-04-12 05:30:47 -
Banks called to crisis summit (Daily Telegraph)
The heads of the country's biggest banks and mortgage lenders have been summoned to talks in Downing Street by Gordon Brown and Alistair Darling to discuss the crisis in the housing market.
2008-04-12 05:31:07 -
Officials: China should draw lesson from US subprime crisis (China Daily)
China should draw a lesson from the subprime mortgage crisis in the United States and strengthen risk control and supervision in its financial reforms, officials said.
2008-04-12 06:28:53 -
Real estate company charged in fraud scheme (Minneapolis-St. Paul Star Tribune)
A Roseville firm involved in quick-turn deals faces one count, but it appears likely that charges for other lenders are ahead.
2008-04-11 07:56:00 -
Mortgage-fraud crackdown (Deseret Morning News)
The state of Utah is ramping up its efforts to target the increasing problem of mortgage fraud, and Gov. Jon M. Huntsman Jr. Friday signed into law two measures aimed at punishing those who engage in such fraud.
2008-04-11 11:50:17 -
Public records for April 12, 2008 (Daytona Beach News-Journal)
Courthouse
2008-04-11 11:55:25