Mortgage and Financial News From 2008-7-21 Page 9
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Bank analyst Bove sued over report (EARTHtimes.org)
NEW YORK (Reuters) - Richard Bove, a prominent U.S. banking analyst, was sued Monday by BankAtlantic Bancorp Inc , which accused him of defamation and negligence over a recently published research report, the bank said.
2008-07-21 11:53:00 -
No magic wand for McCain, Obama - Mydesert.com
Even the optimism that surrounds a new president taking office can't resurrect home values overnight, and presidents have no direct ability to reduce rising mortgage rates.
2008-07-21 12:40:00 -
Thomson Financial UK at a glance share guide - weekend - Forbes
* BP blocks a $1.8 billion dividend payment due to be paid from its Russian joint venture in an attempt to regain the advantage in its bitter fight with its billionaire partners - Sunday Telegraph * Permira, owner of Captain Birdseye, makes a ...
2008-07-20 11:14:00 -
Cristobal Headed for Open Water (R News)
Tropical Storm Cristobal will apparently be no threat to land. Forecasters think it's headed for the open Atlantic. The storm did bring a lot of rain to the North Carolina coast, skirting the outer banks of North Carolina.
2008-07-21 06:54:15 -
McCain Visits Buffalo Monday (R News)
Buffalo is preparing for a visit from republican presidential candidate John McCain. Local media report he will attend two private events Monday: a dinner at the home of buffalo businessman Anthony Gioia and a fundraiser at the Albright Knox Art Gallery.
2008-07-21 06:54:25 -
Hillside Work-Scholarship Connection (R News)
Hillside Work-Scholarship Connection appointed Roderick Green as executive director of the organization's Rochester regional operations.
2008-07-21 06:54:35 -
Worth reading: Thousands of convicted criminals got mortgage jobs in Florida (USA Today)
More than half of Florida's registered "mortgage professionals" went into business without a license, according to The Miami Herald. The paper, which notes that regulators refused to change the rules so that "loan originators" were subject to the same standards...
2008-07-21 07:55:39 -
2008 Economic Outlook ‘Sobering’ (R News)
Economists do not foresee an economic rebound in the last 6 months of the year and 45 percent of experts believe the economy will either not grow at all or it will move at a 1 percent pace for the rest of the year.
2008-07-21 08:39:22 -
Cigarette Blamed for House Fire (R News)
Firefighters battled a small house fire at around 10:30 Sunday night on Rouge Road. The fire began on a dresser in a back bedroom of the home after someone improperly disposed of a cigarette. The fire spread into a wall, but was contained to the bedroom.
2008-07-21 08:39:34 -
DWI Checks Set Up at Wine Fest (R News)
One might expect there could be some driving while intoxicated after a wine festival. So the organizer of a festival in the southern tier decided to take a proactive approach to make sure everyone was sober and safe before driving.
2008-07-21 08:39:43 -
Professional negligence: mortgage fraud (The Lawyer)
In the field of professional liability, mortgage fraud and claims against professionals arising from it remain the topics of the moment. ...
2008-07-21 09:18:33 -
Hungary keeps interest rates on hold at 8.5% as expected - Marketwatch
NEW YORK (MarketWatch) -- Hungary's central bank kept its interest rate unchanged at 8.5% on Monday, meeting market expectations. In its monetary policy statement, the bank said that "Hungarian economic growth has remained subdued and inflation has ...
2008-07-21 06:23:00 -
Ghana raises interest rates after inflation jumps - Reuters Africa
ACCRA (Reuters) - Ghana's central bank raised its benchmark prime interest rate by 100 basis points on Monday to a 3-year high of 17 percent after surging inflation picked up pace again in June, Bank of Ghana Governor Paul Acquah said. Annual ...
2008-07-21 07:35:00 -
Brazil's Real Gains Ahead of Central Bank Rate-Setting Meeting - Bloomberg
July 21 (Bloomberg) -- Brazil's real gained on speculation the central bank will raise the benchmark lending rate at least a half-percentage point this week to curb inflation. The real rose 0.2 percent to 1.5859 per dollar at 9:45 a.m. New York time ...
2008-07-21 07:28:00 -
DIARY - Major Central Bank events for 2008 - Forbes
Aug 5 - One-day meeting on interest rates - 1815 GMT. Sep 16 - One-day meeting on interest rates - 1815 GMT. Oct 28 - Two-day meeting on interest rates (to Oct. 29). Oct 29 - Decision on short-term interest rates and policy statement at close of ...
2008-07-21 06:52:00