Mortgage and Financial News From 2008-1-29 Page 2

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  • Kill the Competition - Radical UK banking powers...FBI's sub-prime ... - Times Online

    Kill the Competition - Radical UK banking powers...FBI's sub-prime ...Times Online, UK - 14 minutes agoThe Wall Street Journal: The FBI has opened criminal inquiries into 14 companies as part of an investigation of the subprime-mortgage crisis. ...
    2008-01-29 11:03:30

  • WB group to meet - Wilkes Barre Times-Leader

    WB group to meetWilkes Barre Times-Leader, PA - 14 minutes agoBut investors didn’t run away from the nation’s mortgage lender; instead, they sent Countrywide shares up 6.5 percent, to close at $6.31. ...
    2008-01-29 11:04:14

  • Boon for unemployed workers? - Jackson Clarion Ledger

    Boon for unemployed workers?Jackson Clarion Ledger, MS - 13 minutes ago"He's applied at different small companies for anything. He's got his resume out. ... We've talked to family members," says Tina Buzzo, who worries the ...
    2008-01-29 11:05:00

  • Rate cut hope lifts Wall St; Yahoo sags post-bell - Reuters South Africa

    Rate cut hope lifts Wall St; Yahoo sags post-bellReuters South Africa, South Africa - 12 minutes agoTech sector gains, however, were kept in check by disappointing outlooks from technology companies including EMC Corp and caution ahead of quarterly results ...
    2008-01-29 11:05:44

  • Market not that bad, says speaker - Bradenton Herald

    Market not that bad, says speakerBradenton Herald,  United States - 5 minutes agoBut this housing downturn has as its specific cause the "rapid run-up in home prices and deterioration of mortgage-lending standards happening ...
    2008-01-29 11:12:29

  • Asian markets turn lower as uncertainty builds ahead of Fed ... - CNNMoney.com

    Asian markets turn lower as uncertainty builds ahead of Fed ...CNNMoney.com - 5 minutes agoThe company's Mizuho Securities unit will likely book about 250 billion yen in subprime mortgage-related losses in the current year to March, nearly double ...
    2008-01-29 11:12:51

  • FBI: 14 firms in fraud probe (The Clarion-Ledger)

    The FBI on Tuesday said it is investigating 14 companies for possible accounting fraud, insider trading or other violations in connection with home loans made to risky borrowers.
    2008-01-29 11:02:19

  • ABN Amro, Countrywide Will Shun Kangaroo Bond Market, S&P Says (Bloomberg.com)

    Jan. 30 (Bloomberg) -- ABN Amro Holding NV and Countrywide Financial Corp. will be among sellers that shun Australian-dollar corporate bonds, creating an A$11 billion ($9.8 billion) hole in the local debt market, according to Standard & Poor's.
    2008-01-29 11:03:44

  • Subprime crisis draws FBI scrutiny as Fed meets (Reuters.co.uk)

    WASHINGTON (Reuters) - The shadow of an FBI investigation spread across the subprime mortgage crisis on Tuesday, while the U.S. Congress moved closer to emergency relief for millions of distressed homeowners.
    2008-01-29 11:10:08

  • Business briefing, January 30 (Rocky Mountain News)

    The FBI on Tuesday said it is investigating 14 companies for possible fraud or insider trading violations in connection with loans made to risky borrowers, and investments spun off of those loans.
    2008-01-29 11:10:45

  • Granholm: Creating opportunity in a changing world diversifying our economy, educating our people (Gaylord Herald Times)

    (Note: The following is a transcript of Gov. Jennifer Granholm's State of the State address given Tuesday night, Jan. 29. It was obtained from michigan.gov.)
    2008-01-29 11:13:15

  • Congress Votes To Extend Eavesdropping Law (NBC 11 Bay Area)

    WASHINGTON -- Congress has voted to temporarily extend a law that allows the government more freedom to eavesdrop on suspected terrorists inside the U.S.
    2008-01-29 11:14:15

  • FBI investigating subprime loan fraud (Deutsche Welle)

    In the wake of the US subprime loan crisis, the Federal Bureau of Investigation says it has launched a probe into the activities of 14 companies suspected of possible fraud and insider trading.
    2008-01-29 11:15:50

  • Subprime crisis draws FBI scrutiny as Fed meets (Interactive Investor)

    Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
    2008-01-29 11:15:58

  • FBI IS FOCUSING ON 14 FOR FRAUD (New York Post)

    The FBI is investigating 14 corporations for possible accounting fraud and other crimes related to the subprime lending crisis, officials said. Neil Power, chief of the FBI's economic crimes unit, wouldn't identify the companies, though he said the...
    2008-01-29 11:17:04

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