Mortgage and Financial News From 2008-6-9 Page 11
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Landlords using loophole to hike rents, says tenants group (CBC British Columbia)
A tenants rights group says some landlords are using a loophole to jack up rents for desperate tenants in B.C.'s tight rental market.
2008-06-09 07:53:53 -
U.S. Economy: Pending Sales of Existing Homes Unexpectedly Rise (Bloomberg.com)
June 9 (Bloomberg) -- The number of Americans signing contracts to buy existing homes unexpectedly rose as the first national drop in prices since the 1930s lured buyers back into the market in the West, Midwest and South.
2008-06-09 09:04:46 -
U.K. Notes Decline By Most in 10 Years as Traders Add Rate Bets (Bloomberg.com)
June 9 (Bloomberg) -- U.K. two-year notes tumbled the most in 10 years, dragging down government debt markets in the U.S. and elsewhere in Europe, as traders bet accelerating inflation will prompt the Bank of England to raise interest rates.
2008-06-09 09:06:59 -
Landlords try offering incentives (Windsor Star)
With the highest rental vacancy rates in Canada, Windsor area landlords are offering inducements seldom seen in good times.
2008-06-09 09:19:59 -
Progress toward mortgage industry reform is slow in California - Los Angeles Times
SACRAMENTO -- As the worst foreclosure crisis since the Great Depression drags down the California economy, the Legislature is making only limited progress this year on proposals for sweeping changes in the home mortgage industry. Amid fanfare this ...
2008-06-08 11:49:00 -
DIARY-Thailand corporate bond calendar - Reuters UK
BANGKOK, June 9 (Reuters) - Following is a list of expected corporate bond issues in Thailand. This information has been compiled from various reports. Not all the companies concerned have confirmed details of the issues. New or adjusted entries are ...
2008-06-08 09:48:00 -
Mortgages With No Money Down Still Available - Washington Post
Despite the bursting of the housing bubble, it's still possible to buy homes with no money down. In fact, it's possible to borrow up to 105 percent of the purchase price, leaving the buyer with more debt than the house is worth. It might sound like a ...
2008-06-09 05:19:00 -
Honeywell To Sell Unit To B/E Aerospace For $1.05 Billion - CNN Money
Honeywell International Inc. (HON) said it agreed to sell its consumables solutions business to B/E Aerospace Inc. (BEAV) for $1.05 billion . Under the agreement, expected to close in the third quarter, B/E will pay at least $800 million in cash and ...
2008-06-09 04:36:00 -
Nalco to Raise Prices for Energy Services Downstream Customers (PrimeNewswire via Yahoo! Finance)
SUGAR LAND, Texas, June 9, 2008 -- Nalco Company , has announced a price increase of up to 20 percent for its North American Energy Services Downstream customers on a broad range of products and services.
2008-06-09 06:00:00 -
Rosneft Q1 soars on YUKOS assets, cost control (Reuters via Yahoo! Singapore News)
MOSCOW, June 9 - Russia's largest oil company, state-controlled Rosneft , said on Monday its net profit jumped sevenfold in the first quarter as acquisitions last year and strong cost control helped core earnings.
2008-06-09 06:18:51 -
The cycle of misery that is ruining lives (The Nation - Thailand's English news)
Banks urge debtors to let them help out
2008-06-09 06:52:13 -
Today’s Headlines (Jacksonville Daily Record)
Atlantic Beach attorney Michael Berry has been suspended by the Florida Supreme Court for one year, effective retroactive to Oct. 1, 2007, following an April 10 court order.
2008-06-09 06:57:44 -
Time is right to lock in a fixed-rate mortgage (Stamford Advocate)
If you have an adjustable or interest-only mortgage, now is the time to consider refinancing to a fixed-rate mortgage.
2008-06-09 07:07:07 -
Coastal Federal surpasses $2 billion in assets (The News & Observer)
Coastal Federal Credit Union announced this morning that it has surpassed $2 billion in assets, enough to rank it among the 45 largest credit unions in the nation.
2008-06-09 07:41:05 -
Krispy Kreme earns 6 cents a share; stock up 7% (Market Watch)
Shares of Krispy Kreme Doughnuts Inc. shot up 7.6% in early trading Monday as the company announced fiscal first-quarter earnings of 6 cents a share, up from a loss of 12 cents a share at the same time last year.
2008-06-09 07:41:22
