Mortgage and Financial News From 2008-7-4 Page 7
Previous Day: 2008-07-03
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BCE deal finalized. Deal to close December 11th (Newstalk 1010 CFRB)
Telecom giant BCE Inc. has cleared the financing hurdle widely seen as the last major step in completing its $52 billion acquisition by the Ontario Teachers' Pension Plan in the largest corporate takeover in Canadian history.
2008-07-04 11:06:45 -
UBS may post small loss for 2Q (INO News)
(AP:ZURICH, Switzerland) UBS AG, Switzerland's largest bank, said Friday it expects its second-quarter results to be "at or slightly below break-even" due to a tax credit that will at least partly offset investment losses.
2008-07-04 11:16:06 -
Downgrade setback for B&B (Financial Times)
Bradford & Bingley was last night scrambling to shore up its £400m capital boost after ratings agency Moody's dealt a blow to the ailing mortgage lender's plans by downgrading its credit rating.
2008-07-04 11:22:08 -
Policy shields against rate rises (Financial Times)
Borrowers with variable-rate mortgages can now protect themselves against rate rises, using an interest-rate insurance policy. This week, a new online insurer called MarketGuard began selling policies that will pay out a monthly sum if mortgage rates rise by a specified amount.
2008-07-04 11:22:17 -
MEXLend Closes First Puerto Vallarta Scotiabank Dollar Loan (PR.com)
Leading Mexico Mortgage Broker Partners with Scotiabank to Offer More Options to Foreign Investors. [PR.com - July 04, 2008]
2008-07-04 11:52:00 -
Comments on this story are moderated (Toronto Star)
Toronto-Dominion Bank has disclosed a $96-million loss caused by "incorrectly priced" financial investments at its operations in London.
2008-07-04 12:10:20 -
Has The Mortgage Crisis Finally Peaked? - NBC 10
In recent months, mortgage issues have been a main force hampering home sales but, according to a new report from the National Association of Realtors, mortgage availability is finally improving -- even as home sales continue to slide. The rate of ...
2008-07-04 03:59:00 -
Can you afford to buy a house? - News.com.au
HOME loan rates are still rising, despite the RBA holding fire this week, and the number of people brave enough to take on a mortgage are dwindling according to new data. NEWS .com.au takes a look at the property news out this week and what it means ...
2008-07-04 10:04:00 -
Obama defends mortgage rate - Los Angeles Times
Sweet deals on home loans have gotten a string of Democrats into hot water lately. Among those humbled was James A. Johnson, who was helping vet potential running mates for Sen. Barack Obama until Johnson's mortgage rate breaks were revealed. But ...
2008-07-04 06:08:00 -
Real Estate Weekly: Home-eauity-loan woes continue to mount (Market Watch)
The delinquency rate on home-equity lines of credit rose to its highest in more than a decade during the first quarter, the American Bankers Association said this week.
2008-07-04 09:25:12 -
Houston resident: I feel naked (11 News Houston)
Some homeowners in Conroe are upset after they claim their personal files were left out for anyone to see.
2008-07-04 10:08:32 -
Up Next: Weekdays (CBS News)
Watch the CBS Evening News with Katie Couric . See a preview in Real Video .
2008-07-04 10:21:32 -
The Inside Scoop (CBS News)
Get The Inside Scoop on what's happening at CBS News .
2008-07-04 10:30:03 -
Group of Eight summit begins, Monday (The Globe and Mail)
Description is not available
2008-07-04 11:04:27 -
Group of Eight summit begins, Monday (The Globe and Mail)
Three-day G8 summit begins in Hokkaido, Japan. The host country holds a meeting on African development on the sidelines of the summit, and Russian President Dmitry Medvedev meets British Prime Minister Gordon Brown.
2008-07-04 11:05:34