Mortgage and Financial News From 2008-2-20 Page 11

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  • Corporate Bond Risk Soars to Record on CDO Loss Speculation

    Bloomberg - Contracts on U.K. mortgage lender Alliance & Leicester Plc jumped 40 basis points to 245 after the bank slashed its profit target for this year and next, citing rising borrowing costs and declining valuations on asset-backed securities because of the ...
    2008-02-20 05:46:00
  • ING DIRECT - Nation's Largest Direct Bank - Makes Mortgage Dreams Come ...

    Raleigh News & Observer - ING DIRECT - Nation's Largest Direct Bank - Makes Mortgage Dreams Come True for 'Extreme Makeover: Home Edition' Participants Lender with Only 15 Foreclosures since 2002 Emphasizes Importance of Home Ownership
    2008-02-20 07:26:00
  • Vandals Tag Seattle Streetcar (KIRO 7 Seattle-Tacoma)

    SEATTLE -- Taggers hit one of the trolleys on Seattle's new streetcar line. A guard surprised three men spray-painting the orange car early Monday, the Seattle Times reported.
    2008-02-20 12:51:38
  • Oceanside Police Report Drop In Crime (KGTV San Diego)

    Crime in Oceanside has dropped to its lowest levels in more than 30 years.
    2008-02-20 12:52:15
  • Tax Duductions For Residents Who Lost Homes In Oct. Fires (KGTV San Diego)

    Residents who lost their homes in the October firestorms may be able to deduct unreimbursed losses on their tax returns, a nonprofit insurance organization announced on Wednesday.
    2008-02-20 12:52:35
  • Workshops Offered For Students Seeking Grants (KGTV San Diego)

    Grants of up to $9,700 per year are available for college-bound high school seniors, and workshops are scheduled throughout Southern California, including five in San Diego County, to help applicants meet the March 2 deadline.
    2008-02-20 12:52:45
  • 2 Plead Guilty To Fraud In Post-9/11 Pentagon Repairs (WTAE-TV Pittsburgh)

    Two employees of a Pittsburgh-area contractor pleaded guilty to defrauding the federal government and a construction firm in the rebuilding of the Pentagon after the Sept. 11, 2001, terrorist attacks.
    2008-02-20 12:53:46
  • Grant Street Digital Billboard Hot Topic In City Council (WTAE-TV Pittsburgh)

    A part of Pittsburgh is poised to look a lot like New York City's Times Square. A proposed electronic billboard will grace the city's new transportation center, but the anticipated screen is creating controversy in the City Council.
    2008-02-20 12:53:56
  • U.S. To Seek Death Penalty In Turnpike Murders (WFTV 9 Orlando)

    WEST PALM BEACH, Fla. -- Federal prosecutors will seek the death penalty for two men accused of murdering a family along Florida's Turnpike in 2006. Documents filed Wednesday in federal court announced the possible death penalty if defendants Daniel Troya and Ricardo Sanchez Jr. are convicted.
    2008-02-20 12:55:00
  • Rogers PD Investigates Possible Animal Abuse (KHBS - KHOG Fort Smith - Fayetteville)

    A Rogers police officer is in hot water for something he allegedly did years ago -- and it's an incident that has animal rights activists concerned.
    2008-02-20 12:57:38
  • Fishers Man Killed In In-74 Wreck (WRTV Indianapolis)

    Ice apparently led to a two-vehicle wreck that killed a Fishers man on Interstate 74, state police say.
    2008-02-20 12:58:59
  • Tax chat with Mark Misselbeck

    Boston Globe - Such income is taxed at normal rates and not at capital gains rates, with the exception of "carried interest" for managing partners in a hedge fund ... Stevie__Guest_: If my wife is trustee for a savings CD held to benefit our minor daughter, and she ...
    2008-02-19 03:56:00
  • Forex - Pound slumps on continued fallout from Northern Rock ...

    FXStreet.com - Fears of stagflation in the UK are gathering pace, with the Bank of England looking as though it will have little room to cut interest rates, given high inflation. At the same time, the parlous state of the public finances will restrict the ...
    2008-02-19 08:46:00
  • Inflation slows in January, rate cuts expected

    Montreal Gazette - Canada's inflation rate slowed in January as discounts on vehicle prices offset gasoline price hikes, Statistics Canada said yesterday in a report that seemed to leave no obstacles in the Bank of Canada's path as it prepares to cut interest rates in ...
    2008-02-19 11:27:00
  • Sam Springer from GTA, Canada writes: McGuinty has lots of vision;

    Globe and Mail - ... as our great Macroeconomic situations like the surpluses of our Budget and current accounts, our lower interest and lower inflation rates ... ca/documents/Ontario Office Pubs/btn5 1.pdf ontario harris government deficit accounting review&hl=en&ct=clnk&cd ...
    2008-02-20 11:01:00