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One In Five Us Homeowners With Mortgages Underwater - Guardian Unlimited
new york, oct 31 (reuters) - nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows. about 7.63 ...
www.guardian.co.uk

Aig Pays Off $85 Billion Loan With Fed Funds
american international group is paying down its pricey $85 billion loan from uncle sam with cheaper funding from uncle sam.
biz.yahoo.com

Bank Of Japan Cuts Key Interest Rate
the bank of japan cut its key interest rate on friday for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis.
news.yahoo.com

One In Five Homeowners With Mortgages Underwater - Reuters
new york (reuters) - nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows. about 7.63 million ...
www.reuters.com

Real Estate Report: Doing The Fed Limbo - 'how Low Can You Go?' - Evening Sun
wednesday, as expected, the fed cut the federal funds rate 50 basis points to 1 percent. the last time the fed funds rate was that low was 2003-04. as a result, banks will lower their prime rate to 4 percent which will offer significant savings to ...
www.eveningsun.com

One In Five U.s. Homeowners With Mortgages In Negative Equity
nearly one in five u.s. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on friday shows.
uk.news.yahoo.com

Bank Of Japan Cuts Key Interest Rate
the bank of japan cut its key interest rate on friday for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis. the bank of japan policy board...
www.sfgate.com

Stocks Higher Amid Economic News - Businessweek
values in preparation for last two months of a grim year. end of month portfolio adjusting was expected to dominate friday's market activity, according to s&p marketscope. . traders weighed a fresh batch of u.s. economic reports friday. september ...
www.businessweek.com

Utah Family Warns Of Loan Scam - Ksl.com
exactly. now the gov needs to put more restrictions on bankruptcy. i know a family that has in the last two years received cash, not loans but cash (settlement, retirement withdrawal, equity, ect.) over the sum of 200,000, and still wracked up an ...
www.ksl.com

Bank Of Japan Cuts Key Interest Rate
reduction brings rate to 0.3 per cent from 0.5 per cent
www.reportonbusiness.com

Interest Rate Drop Good News For Those With Home Equity Loans
kiro 7 consumer investigator david quinlan explains what the drop in interest rates to 1.5 percent means to consumers.
www.kirotv.com

7.5 Million Homeowners 'underwater' - Cnn Money
new york (cnnmoney.com) -- at least 7.5 million americans owe more on their mortgages than their homes are currently worth, according to a real estate research firm's report released friday. in other words: if they sold their homes today, they'd have ...
www.cnn.com

Bank Of Japan Cuts Key Interest Rate - Globe And Mail
tokyo — the bank of japan cut its key interest rate on friday for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis. the bank of ...
www.theglobeandmail.com

Naugatuck Valley Financial Corporation Reports Third Quarter Results
naugatuck, conn., oct. 31, 2008 -- naugatuck valley financial corporation , the parent company of naugatuck valley savings and loan , announced net income of $495,000, or $0.07 per share for the quarter ended september 30, 2008 prior to an other than temporary impairment charge on auction rate pass-through certificates with fannie mae preferred stock as underlying collateral.
biz.yahoo.com

What An Interest Rate Cut Means To You
the federal reserve is expected to cut interest rates today. that would be the ninth consecutive rate cut this year. here's what this means to your wallet.
money.cnn.com

Central Pacific Financial Corp. Returns To Profitability In Third ... - Msn Moneycentral
honolulu , oct. 31 /prnewswire-firstcall/ -- central pacific financial corp. cpf , parent company of central pacific bank, today reported net income for the third quarter of 2008 of $3.0 million , or $0.11 per diluted share, compared to $9.1 million ...
news.moneycentral.msn.com

United Community Bancorp Reports First Quarter Results - Msn Moneycentral
n/a - not applicable for the quarter as this would be anti-dilutive given the net loss during the quarter the income tax provision of $250,000 for 6/30/2008 is the result of an impairment charge of $160,000 related to deferred tax assets for ...
news.moneycentral.msn.com

Software Technology, Inc. Secures $4 Million Venture Loan From Mmv Financial
monday, october 27, 2008 issued by software technology, inc. mobile, al ? software technology, inc. (sti), a leading provider of education data management (edm) software and solutions to the k-12 market, secured a $4 million venture loan from mmv financial.
www.canadait.com

Rate Cut Announcement Expected
the federal reserve today is scheduled to wrap up its two-day policy setting session, by announcing an interest rate cut.
www.13wmaz.com

Southern Michigan Bancorp, Inc. Announces Third Quarter Earnings - Cnbc
coldwater, mich., oct 31, 2008 /prnewswire-firstcall via comtex/ -- southern michigan bancorp, inc. (otc bulletin board: somc.ob) announced net income of $1,571,000 or $0.69 per diluted share, for the nine months ended september 30, 2008. this ...
www.cnbc.com