Mortgage and Financial News From 2008-4-16 Page 3
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Fairfax Financial says portfolio braced for turmoil (MSN Money Canada)
TORONTO (Reuters) - Fairfax Financial Holdings (FFH.TO), which made record profits last year on the back of U.S. credit default swaps, remains on guard against a depression-type slide in the U.S. economy, its chief executive told shareholders on Wednesday.
2008-04-16 11:34:27 -
Fidelity D & D Bancorp, Inc. First Quarter 2008 Financial Results (PR Newswire via Yahoo! Finance)
Fidelity D & D Bancorp, Inc. , parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2008 of $1,089,000 compared to $1,044,000 for the first quarter of 2007.
2008-04-16 12:08:00 -
Harder Hall Has New Potential Buyer (Highlands Today)
Sebring city officials are discussing a contract with investors who want to make Harder Hall into an independent living facility for senior citizens.
2008-04-16 12:15:21 -
Fitch Assigns Distressed Recovery Rating to JP Morgan Chase Comm'l Mtge Secs Trust 2006-LDP9 (Centre Daily Times)
Fitch has assigned a Distressed Recovery (DR) rating to J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP9 commercial mortgage pass-through certificates as follows:
2008-04-16 12:16:15 -
Apartment market slows, condo market improves (The Washington Examiner)
Condo sales in the metro area more than doubled during the first quarter of 2008 hinting at the beginnings of a recovery in that sector of the real estate market.
2008-04-16 12:19:22 -
Fannie Mae: Investment in N.O. tops $1 billion (KATC 3 Lafayette)
NEW ORLEANS -- The Federal National Mortgage Association said Wednesday its investment in underwriting or refinancing home loans since Hurricane Katrina has reached $40 billion in the...
2008-04-16 12:20:33 -
Ex-treasury secretary forecasts economic gloom (Newsday)
The message was gloomy and the audience rapt yesterday as former Treasury Secretary Robert Rubin gave a gathering in Woodbury his assessment of the U.S. economy.
2008-04-16 03:10:06 -
Median price keeps falling (San Diego Union-Tribune)
San Diego County's median home price tumbled below the $400,000 mark last month for the first time in nearly five years as the region grappled with rising foreclosures and defaults, DataQuick Information Systems reported yesterday. The overall median stood at $395,000, down $20,000 from February and off 19.4 percent from a year earlier.
2008-04-16 03:11:04 -
(AFX UK Focus) 2008-04-16 11:23 GMT: WASHINGTON (AP) - Home-loan data to be released Wednesday will show whether ... (Interactive Investor)
WASHINGTON (AP) - Home-loan data to be released Wednesday will show whether applications rose for the second straight week, as borrowers took advantage of favorable interest rates to refinance their home loans.
2008-04-16 03:55:10 -
Stock Pessimism Fades in U.S., U.K., Japan as Banks Raise Funds (Bloomberg.com)
April 16 (Bloomberg) -- Stock market bears around the world are losing their conviction as interest rates fall and banks replenish their capital with about $140 billion from equity sales, a survey of Bloomberg users showed.
2008-04-16 04:48:50 -
ANALYSIS: European inflation jumps as prices creep up worldwide (EARTHtimes.org)
Berlin - European inflation rocketed upwards in March, data released Wednesday showed, as resurgent consumer prices around the world add to the pressures facing leading central banks as they attempt to head off slumping economic growth. With the Euro...
2008-04-16 05:23:14 -
Darling Says Brown Must `Sharpen' to Revive Support (Update1) (Bloomberg.com)
April 16 (Bloomberg) -- Prime Minister Gordon Brown 's Labour government must ``sharpen'' its political program and way of communicating to revive its popularity with British voters, Chancellor of the Exchequer Alistair Darling said.
2008-04-16 08:07:31 -
Mortgage lender Halifax snubs Gordon Brown's plea (Daily Mirror)
Britain's biggest mortgage lender stuck two fingers up at Gordon Brown yesterday, raising mortgage rates just hours after he urged banks to help hard-hit homebuyers.
2008-04-16 01:45:37 -
Kronik Media launches web design services for small businesses (Computer Business Review)
The website design services include estate agent website design, mortgage broker website design, small business website design, small business e-commerce and search engine optimisation and bespoke web design for businesses with unique requirements.
2008-04-16 01:48:52 -
(AFX UK Focus) 2008-04-16 09:30 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST (Interactive Investor)
2008-04-16 08:34:49 Origo Sino-India says names Alan Matthews MD of corporate finance
2008-04-16 01:53:43