Mortgage and Financial News From 2008-3-12 Page 5

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  • CCL Releases 2007 Annual Financial Statements (CNW Group via Yahoo! Finance)

    CCL Industries Inc., a world leader in the development of labelling solutions and specialty packaging for the consumer products and healthcare industries, released today its annual financial statements for the year ended December 31, 2007 and the related Management's Discussion and Analysis.
    2008-03-12 05:53:00

  • Senate bills take aim at regulating lenders (Pittsburgh Post-Gazette)

    Though Pennsylvania in general and Pittsburgh in particular have been largely bypassed by the national mortgage crunch, the state Senate hopes a package of bills aimed at regulating lenders more tightly will be ready for a vote this summer.
    2008-03-12 09:34:58

  • Too Big to Bail - Government Programs Breed Risk (Brigham Young NewsNet)

    For decades our government has had a semi-official policy that large financial institutions are too big to fail - and therefore must be bailed out when they risk insolvency - a policy that creates perverse incentives for them to take on far more risk than they otherwise would.
    2008-03-12 08:38:19

  • Credit crunch hits home (The Gainesville Sun)

    Credit and recession woes will not hurt Gainesville as much as other areas.Still, UF economist David Denslow predicts that combined with cuts to the university system, the credit crunch will cause Gainesville's growth to slow.
    2008-03-12 11:18:21

  • Stocks Unable to Sustain Rally (BusinessWeek)

    Skepticism about the Fed's $200 billion liquidity plan, and another record closing high for oil, dragged the market lower Wednesday
    2008-03-12 09:45:18

  • Re recovers from low, ends firm (Business Standard India)

    Liquidity: Bringing cheer There was a lot of improvement in liquidity since most banks are through with their fund requirements going into the end of the financial year.
    2008-03-12 11:59:11

  • UPDATE: Proposal To Limit Banks' Dividends Elicits Strong Reactions (Nasdaq)

    WASHINGTON (Dow Jones) -- Several prominent economists say regulators should stop banks paying dividends temporarily to conserve capital, a dramatic proposal aimed at shoring up the financial-services industry.
    2008-03-12 09:52:35

  • Obama Tax Plan Stresses Inequality, Clinton Focuses on Behavior (Bloomberg.com)

    March 13 (Bloomberg) -- Hillary Clinton and Barack Obama both propose significant changes to the tax code that would add to its complexity. His plan emphasizes income inequality, while hers seeks to change Americans' behavior.
    2008-03-12 09:55:14

  • In Phony-Baloney Money We Trust? (GoldSeek.com)

    My emotions ran the gamut as I prepared to learn of the latest level of Total Fed Credit, ranging from a carefree, "What in the hell do I care? I'm rich!
    2008-03-12 07:38:58

  • You May Pay Price For Neighbors' Foreclosures (The Tampa Tribune)

    even if your credit is good.
    2008-03-12 09:25:52

  • Bill to Propose Expanded U.S. Backing of Home Loans (NYTimes.com via Yahoo! Finance)

    Representative Barney Frank, D-Mass., is expected to offer a plan on Thursday that would provide federal backing to hundreds of thousands of home loans.
    2008-03-12 09:40:03

  • Use caution in helping others (Lawrence Journal-World)

    The Mortgage Bankers Association has delivered more bad news about the housing market.
    2008-03-12 10:06:32

  • Carlyle expects banks to seize assets (The Kansas City Star)

    Carlyle Capital Corp. said late Wednesday it expects its creditors to seize all of the fund's remaining assets after unsuccessful negotiations to prevent its liquidation.
    2008-03-12 10:21:01

  • 'What ifs' float around as text scandal drags on

    Detroit News - A friend who used to get paid for prosecuting bad guys floats an interesting notion: ... A sketchy $12,000 bank grant and a $237,000 mortgage approved despite her poor credit rating, after a bank official wrote a memo describing her ...
    2008-03-10 09:47:00

  • Bad news keeps coming

    Denver Post - Bad news keeps coming ... Mortgage lenders dropped after Thornburg Mortgage Inc. was downgraded by a Jefferies ... which are home loans given to people lacking proof of income or with minor credit ...
    2008-03-10 11:56:00

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