Mortgage and Financial News From 2007-11-8 Page 3

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• Bernanke proposes new mortgage guarantees (MSNBC)

  As Congress and the financial services industry struggle to cope with rising mortgage defaults and a deepening housing slump, Federal Reserve Chairman Ben Bernanke  Wednesday proposed that the federal government guarantee so-called “jumbo” home loans up to $1 million.
  2007-11-08 03:49:52

• Miners set alight by BHP approach for Rio

  Times Online - ... to BHP, its shares jumped, gaining 2 per cent to £17.93, although they later fell back as traders tried to calculate the ... Last night the Dow Jones industrial average tumbled almost 3 per cent amid evidence that the sub-prime mortgage crisis was ...
  2007-11-08 03:53:00

• Kathleen Pender: Writers strike won't be showstopper for economy

  San Francisco Gate - He can't calculate the economic cost of the mortgage debacle, but it probably will exceed the temporary effects of a writers strike because "those (subprime) jobs are not coming back," he says. "The national media is making it out like this is the end ...
  2007-11-08 08:11:00

• Liberty Bancorp, Inc. Announces Financial Results for the Quarter and Year-Ended September 30, 2007 (Business Wire via Yahoo! Finance)

  LIBERTY, Mo.----Liberty Bancorp, Inc. announced today net earnings for the quarter ended September 30, 2007 of $605,000, or $.13 per diluted share, compared to net earnings of $468,000, or $.10 per diluted share, for the quarter ended September 30, 2006.
  2007-11-08 02:08:00

• Dolan Media Company Reports Third Quarter 2007 Results (Business Wire via Yahoo! Finance)

  MINNEAPOLIS----Dolan Media Company , a leading provider of business information and professional services to the legal, financial and real estate sectors in the United States, today announced financial results for the three and nine months ended September 30, 2007.
  2007-11-08 01:01:00

• Writers strike won't be showstopper for economy (San Francisco Chronicle)

  Despite all the publicity it generates, the television and film writers strike is not likely to have a major economic impact on the nation's entertainment capitals - Los Angeles and New York. "It's not a showstopper," says Jack Kyser, chief economist at the...
  2007-11-08 12:33:09

• Dolan Media Company Reports Third Quarter 2007 Results (FinanzNachrichten)

  Dolan Media Company ( Nachrichten ) (NYSE:DM), a leading provider of business information and professional services to the legal, financial and real estate sectors in the United States, today announced financial results for the three and nine months ended September 30, 2007. These financial results are preliminary pending the filing of the Company ' s Form 10-Q with the Securities and Exchange ...
  2007-11-08 01:19:23

• "Perform or Perish" (Cover Story, Nov. 5, 2007) (BusinessWeek)

  
  2007-11-08 02:59:41

• Election 07

  News.com.au - THE consensus of political pundits is that yesterday's interest rate rise will have no impact on the vote for Labor or the Coalition in this election. PRIME Minister John Howard's response to today's interest rate rise shows he has lost touch with ...
  2007-11-07 05:35:00

• Crescent Banking Company Declares Quarterly Dividend and Announces ...

  MSN MoneyCentral - We also continue to experience earnings pressures resulting from a lower net interest margin, and we expect that we will continue to experience those pressures in the short-term, as the prime rate has experienced a 75 basis point decline since the ...
  2007-11-08 03:49:00

• Saying sorry is not an apology, says PM

  News.com.au - PRIME Minister John Howard today denied apologising for the latest interest rate rise, saying that uttering the word sorry did not amount to the same thing. Mr Howard said yesterday he was sorry about the pain the rise - the sixth since the 2004 ...
  2007-11-07 07:54:00

• Housing meltdown hits US economy

  BBC News - The sudden tightening of credit on high-risk sub-prime mortgages has led to a property price ... The Fed moved quickly to cut interest rates by 0.5% in September and made another 0.25% rate cut in October. As Mr Bernanke explained, there was a risk ...
  2007-11-08 05:01:00

• PM rules out inquiry into banks

  News.com.au - PRIME Minister John Howard has rejected calls for an inquiry into banks and refused to criticise them for passing on the latest rise in official interest rates. ... to raise rates beyond the official cash rate. He ...
  2007-11-08 06:48:00

• Peer review: Stafford loan is best bet

  Minneapolis Star Tribune - The variable products are most-often tied to the prime rate or LIBOR index. Given the current interest rate climate, I would be inclined to choose a variable rate loan if the current rate is equal to or lower than a fixed rate alternative. In the ...
  2007-11-08 03:49:00

• PM says sorry for .25% interest rate rise

  News.com.au - PRIME Minister John Howard has apologised to people struggling to pay off their mortgages, after the Reserve Bank lifted official interest rates this morning. The RBA decided to raise the official rate by 25 basis points to an 11-year high of 6.75 ...
  2007-11-06 05:32:00

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