Mortgage and Financial News From 2008-2-27 Page 17

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  • Rollbase Announces Public Beta Launch of Its Platform as a Service (PaaS) for Business Users (Centre Daily Times)

    Rollbase today released its do-it-yourself, on-demand application development and delivery platform and opened up its public beta program, becoming the most flexible Platform-as-a-Service (PaaS) for users who aren't programming experts. Free 60 day trial accounts are now available for up to five users. To sign up for a Rollbase account, go to http://www.rollbase.com.
    2008-02-27 06:41:39

  • Semiannual Monetary Policy Report to the Congress (Federal Reserve Board)

    Chairman Frank, Ranking Member Bachus, and other members of the Committee, I am pleased to present the Federal Reserve's Monetary Policy Report to the Congress . In my testimony this morning I will briefly review the economic situation and outlook, beginning with developments in real activity and inflation, then turn to monetary policy.
    2008-02-27 07:01:58

  • Small caps round-up: Diamond Lifestyle, Sinclair Pharma, Platinum Australia (ShareCast via Yahoo! UK & Ireland Finance)

    Shares in Diamond Lifestyle lost more than half of their value after the mortgage broker said the credit crunch has had an adverse effect on trading.
    2008-02-27 07:05:00

  • Northern Improvement District appoints new member (The Palm Beach Post)

    Municipal attorney Len Rubin became the newest member of the Northern Palm Beach County Improvement District's board of supervisors this morning.
    2008-02-27 07:28:36

  • Ex-owners of north Idaho diner admit marijuana money laundering (The Olympian)

    A couple who once owned a diner in Priest River have pleaded guilty to laundering up to nearly $900,000 over three decades for a group involved in trafficking in 100 tons of marijuana.
    2008-02-27 07:38:29

  • Record growth in Eurozone business borrowing

    Financial Times - ... surge in business borrowing – despite evidence that banks have tightened credit standards – suggests eurozone companies ... The latest figures showed a further deceleration in mortgage lending, which grew at an annual rate of 6.9 per cent in ...
    2008-02-27 04:05:00

  • EU's Almunia-excessive euro volatility unwelcome

    Guardian Unlimited - European companies had been complaining about the sharp rise of the euro already when the unit passed $1.40, saying it was ... fundamentals were helping the European Union economy weather financial market turmoil, caused by the subprime mortgage ...
    2008-02-27 04:26:00

  • Most U.S. Stocks Fall, Led by Banks; Citigroup, Fannie Decline

    Bloomberg - ... the S&P 500 tumbled 29 percent in the past year as global writedowns and credit losses stemming from the collapse of the subprime mortgage market climbed to $163 billion. Earlier gains were buoyed by energy and pharmaceutical companies ...
    2008-02-25 10:34:00

  • U.S. Stock-Index Futures Fall; Caterpillar, Intel, Amgen Drop

    Bloomberg - Amgen Inc., the biggest biotechnology company, and Johnson & Johnson declined after a study found the companies' anemia ... European stocks fell today after HBOS Plc, the UK's biggest mortgage lender, said corporate lending and profit margins are ...
    2008-02-27 03:43:00

  • Euroshares down in opening deals, banks weigh, mixed earnings reports ...

    CNBC - ... deals, pulled downwards by the banking sector following disappointing earnings results from the UK's biggest mortgage lender ... in tech giant IBM, which approved a 15 bln usd stock buyback, suggesting to investors that there are still some companies out ...
    2008-02-27 01:20:00

  • Stocks set to ease ahead of Bernanke testimony

    CNBC - ... to get a good feel of the state of the property market from the new-homes sales data, as well as earnings from mortgage ... U.S. stocks rose on Tuesday as technology companies gained on IBM's plans to buy back $15 billion of its shares and ...
    2008-02-27 04:12:00

  • Lynn set for push on code violations

    Daily Evening Item - We need to get these mortgage companies to maintain the properties, because when people move out, the water gets turned off, the pipes freeze, and kids go in and break the windows,” he said. “And then there isn’t anyone to shovel the snow in ...
    2008-02-26 11:47:00

  • Clinton promotes freeze on foreclosures for homeowners

    Toledo Blade - I'm trying to figure out a way to sell it but the mortgage companies don't want to help me with any solutions," Mr. Miller said. Ms. Steele said she decided to become a homeowner when she got a job and was no longer eligible for federally subsidized ...
    2008-02-27 03:22:00

  • Dubai Government Offers EU3 Billion for Colonial (Update1)

    Bloomberg - ... in November became the biggest shareholder in Citigroup Inc. by agreeing to give the U.S. bank a $7.5 billion cash infusion to make up for mortgage losses. Investment Corp., created in May 2006, manages Dubai state holdings in companies ...
    2008-02-27 05:38:00

  • The essential first-time buyer tips

    This is Money - Mortgage companies will normally be prepared to lend four times your salary, plus that of a partner. Or three times both your salaries. A deposit of 5% of the amount you want to borrow will reduce your repayments significantly.
    2008-02-27 04:05:00

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