Mortgage and Financial News From 2008-6-3 Page 13
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Free Financial Calculators Keep Canadians Out of the Economic Whirlpool. (PRWeb via Yahoo! News)
Low interest and no interest, fixed and variable, prime and subprime. Lenders and credit card companies throw out interest rates like pennies into a wishing well, but free financial calculators from CanadaBanks.net are designed to keep Canadian consumers from tossing their hard-earned cash into the wrong pool.
2008-06-02 12:01:00 -
Unsolicited mailings also in a slump - Baltimore Sun
CHARLOTTE, N.C. - What's in your mailbox? Chances are, fewer credit card applications. Faced with a slumping economy, the nation's financial services companies have sharply cut back their direct mail this year. Such unsolicited mailings from banking ...
2008-06-03 12:11:00 -
Wachovia dumps leader - Seattle Times
CEO Ken Thompson retired Monday at the request of the board. Less than a month after losing his chairman post, Ken Thompson is out as Wachovia's chief executive officer as the Charlotte, N.C., bank wrestles with mounting losses from its troubled ...
2008-06-03 12:18:00 -
U.S. mortgage crisis claims Wachovia boss - Globe and Mail
WASHINGTON -- Wachovia Corp. insisted yesterday no one incident prompted its firing of chief executive officer Ken Thompson. But it's a safe bet the 32-year Wachovia veteran would probably still have his job if he had never spearheaded the company's ...
2008-06-02 11:42:00 -
Polish BZ WBK mulls launching yen-denominated mortgage loans - CNBC
WARSAW (Thomson Financial) - Polish Bank Zachodni WBK is considering the launch of yen-denominated low interest mortgages in a bid to boost falling growth of the home loan market, daily Puls Biznesu reported on Tuesday, citing bank officials. "We ...
2008-06-03 12:18:00 -
Credit Crunch: Bank Ups Mortgage Rates - Sky.com
The bank is raising its two-year fixed rate by 0.15% to 6.14%. The loan is for people with a 25% deposit with a 2% arrangement fee. And those with only a 10% deposit will now pay 0.25% more for the loan at 6.74%. A&L is also no longer offering its ...
2008-06-03 01:01:00 -
How To Handle a Cash Crunch (The Bradford Era)
(ARA) - In the world of living paycheck to paycheck, unforeseen expenses create a very stressful situation. Whether the car breaks down, the water heater blows a leak or your dog needs emergency surgery from eating the hallway rug, finding a way to get out of the red gets harder every day.
2008-06-03 01:25:36 -
Get Extra Cash By Refinancing Your Car (The Bradford Era)
(ARA) - Sometimes life throws you a curve ball. The water heater springs a leak, your son breaks a tooth or you need a plane ticket to visit a sick relative. These unplanned expenses add up and if you don't have savings to cover them, where will the extra payments come from?
2008-06-03 01:25:46 -
Nuvo Bank set to open in Sept. (The Republican)
SPRINGFIELD - Nuvo Bank & Trust Co. has raised $13 million in capital and plans to open its office in Tower Square in early September.
2008-06-03 01:31:24 -
US bank Wachovia ousts CEO after losses (RTÉ News)
Wachovia, one of America's biggest banks, said its chief executive Ken Thompson is leaving the bank as its board of directors seeks to stem hefty losses tied to troubled mortgage loans.
2008-06-03 01:37:11 -
WaMu names new chairman (Tacoma News Tribune)
Washington Mutual Corp., hard-hit by the mortgage and credit crises, said Monday that it will replace Chief Executive Kerry Killinger as chairman of the board and take other steps to improve corporate governance.
2008-06-03 01:40:33 -
Lehman May Need to Raise Capital as Analysts See Loss (Update1) (Bloomberg.com)
June 3 (Bloomberg) -- Lehman Brothers Holdings Inc. may report its first quarterly loss since going public in 1994, increasing pressure on the company to raise capital by selling stock.
2008-06-03 01:43:41 -
Wachovia board ousts CEO (The Monterey County Herald)
CHARLOTTE, N.C. — Less than a month after losing his chairman post, and more than two years after an ill-timed acquisition of California mortgage lender Golden West Financial Corp., Wachovia Corp.
2008-06-03 01:49:08 -
Banks shake up leadership (San Jose Mercury News)
The mortgage meltdown scorched the executive suites of two banks Monday as Wachovia fired its chief executive and Washington Mutual knuckled under to shareholders and stripped its CEO of his chairman's post.
2008-06-03 01:50:48 -
Toll Brothers Reports 2nd Qtr 2008 Results (PrimeNewswire via Yahoo! Finance)
HORSHAM, Pa., June 3, 2008 -- Toll Brothers, Inc. , the nation's leading builder of luxury homes, today reported final second-quarter and six-month results for the periods ended April 30, 2008.
2008-06-03 02:00:00