Mortgage and Financial News From 2008-1-18 Page 23

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• Homeowners face 15% rise in cost of energy - Times Online

  Homeowners face 15% rise in cost of energyTimes Online, UK - 2 hours agoCalculations by The Times show that a family living in Cambridge with a £270000 variable-rate mortgage and one car will have found their annual household ...
  2008-01-18 12:48:07

• Morgan Stanley Promotes Spencer to New Deputy Role (Update1) - Bloomberg

  Morgan Stanley Promotes Spencer to New Deputy Role (Update1)Bloomberg - 2 hours agoInstitutional securities, which includes trading, underwriting and merger advice, is the firm's biggest division. Chammah, 53, gained oversight of the unit ...
  2008-01-18 12:57:27

• Grit your teeth and grab that devil by the throat - NEWS.com.au

  Grit your teeth and grab that devil by the throatNEWS.com.au, Australia - 2 hours agoIf I'd arrived at that painful condition more rapidly, perhaps over the course of a week, I'm reasonably certain I'd have sought medical advice sooner. ...
  2008-01-18 01:08:00

• Competition drives exchange traded funds - Global Pensions

  Competition drives exchange traded fundsGlobal Pensions, UK - 2 hours agoAlex Beveridge: Who can pension funds turn to for advice on ETFs and help choosing between the different providers? In my experience, the consultants ...
  2008-01-18 01:24:06

• TOP STORY: Agents quit as property hits slump - MyTown Bay of Plenty

  TOP STORY: Agents quit as property hits slumpMyTown Bay of Plenty, New Zealand - 2 hours ago"Undoubtedly there's some folk who are going to be squeezed by the rising cost of their mortgage." His advice to those struggling to meet their repayments ...
  2008-01-18 01:37:46

• One year on and the mood among bankers at Davros has taken a ... - Times Online

  One year on and the mood among bankers at Davros has taken a ...Times Online, UK - 30 minutes agoHe, no doubt, will seek solace and advice from his fellow chief executives, including Jamie Dimon, of JPMorgan Chase, and John Mack, from Morgan Stanley. ...
  2008-01-18 03:17:32

• Fannie Mae Announces First Quarter Common and Preferred Stock Dividends (PR Newswire via Yahoo! Finance)

  The Board of Directors of Fannie Mae today declared a first quarter dividend on the company's common stock of thirty-five cents per share.
  2008-01-18 09:51:00

• Taming the paper tiger (The Capital)

  True story: A colleague notorious for the mounds of paper piled high on his desk was sifting through years of piled-up press releases and interview notes when he left the job and discovered a 10-year-old uncashed paycheck.
  2008-01-18 11:00:50

• Homeowners face 15% rise in cost of energy as British Gas bills soar (Times Online)

  Millions of people face soaring energy bills after British Gas increased its gas and electricity prices by 15 per cent yesterday. The average annual energy bill for a British Gas dual-fuel customer will increase by more than £130 to £1,051, according to uSwitch, the price comparison service.
  2008-01-18 12:46:12

• Local Help Offered For Those Teetering On Foreclosure (KETV 7 Omaha)

  The departments of Housing and Urban Development and the Federal Housing Authority are holding one-on-one mortgage default counseling sessions and applications for FHA-secure fixed rate loans.
  2008-01-18 01:34:24

• Huntington Bancshares to Present at the Citigroup Financial Services ...

  MSN MoneyCentral - Private Financial and Capital Markets Group offices in Florida; and Mortgage Banking offices in Maryland and New Jersey. Sky Insurance offers retail and commercial insurance agency services in Ohio, Pennsylvania, Michigan, Indiana, and West ...
  2008-01-18 01:35:00

• Meltdown puts heat on global house prices

  News.com.au - Australia has had limited use of low interest rate introductory loans and mortgage insurance protects lenders. While RAMS failed we have not had a run on a deposit-taking institution as in the UK. Even so, the OECD suggested in 2005 that Australian ...
  2008-01-18 06:04:00

• Ambac Insurance Loses AAA Ranking at Fitch Ratings (Update5)

  Bloomberg - Ambac Insurance Loses AAA Ranking at Fitch Ratings (Update5) By Christine Richard Jan. 18 (Bloomberg) -- Ambac Financial Group ... Moody's said this week it may cut Ambac's ratings after the company forecast writedowns of $3.5 billion on subprime-mortgage ...
  2008-01-18 02:39:00

• Commercial-Mortgage-Bond Protection Costs Surge to New Records

  Bloomberg - Commercial-Mortgage-Bond Protection Costs Surge to New Records By Jody Shenn Jan. 18 (Bloomberg) -- The cost of protection ... The swaps offer protection if the securities aren't repaid as expected, in return for regular insurance-like premiums ...
  2008-01-18 02:53:00

• OAK Financial Corporation, Parent Company of Byron Bank, Reports ...

  Forbes - Increases in fee income from all lines of business contributed to the strong growth, including a 31% increase in mortgage banking revenue and 70% increase in insurance premiums and brokerage fees. The increase in insurance and brokerage fees includes ...
  2008-01-18 01:56:00

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