Archive for April, 2009

(AFX UK Focus) 2009-04-29 16:28 UPDATE 1-U.S. mortgage applications drop to mid-March low (Interactive Investor)
By Lynn Adler

“Green light” to help Welsh homeowners is welcomed by AM
News the EU has given a “green light” for Welsh borrowers to defer interest payments on their mortgages has been welcomed by a Labour Member of the Welsh Assembly. Wrexham’s AM Lesley Griffiths was commenting following an announcement that the European Commission has approved the UK Homeowners Mortgage Support Scheme, under EC Treaty state aid rules. The scheme is aimed at reducing the level of home repossessions that are likely to occur as a result of the current economic downturn. Under

Words from the (investment) wise 4.26.09
Words from the (investment) wise for the week that was (April 20 – 26, 2009) “Words from the Wise” this week comes to you in a shortened format as my traveling in the US precludes me from doing my customary commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. On Friday, Federal Reserve regulators have released a white paper outlining the criteria they used to assess the financial health of the nation’s 19 biggest banks.

(AFX UK Focus) 2009-04-28 19:15 UPDATE 2-SEC charges ex-American Home Mortgage executives (Interactive Investor)
By Grant McCool

Mortgage lending resumes slide
• Number of mortgages approved for purchases fell 7% in March • Figure is 25% lower than the same month last year The number of mortgages approved for house purchases by banks fell by 7% in March, figures showed today, suggesting talk of a recovery in the housing market may be premature. The British Bankers’ Association (BBA) said its members had approved 26,097 loans for house purchases over the month, down from 28,024 in February. The figure is above the average of the previous six months

(AFX UK Focus) 2009-04-27 13:15 FACTBOX-Economy dominates Obama’s first 100 days (Interactive Investor)
By Caren Bohan

Mallorca Property for Sale Raises investors from the Europe
Mallorca Property for Sale Raises investors from the Europe Mallorca Properties are very demanding for many years. You can choose from a wide range of beautiful luxury Mallorca properties for sale that are available in Spain. You could select from the many town houses and apartments, semi independent and stepped villas and country houses, sea view and front line property and sea-face plots. There are also prime Mallorca properties for sale like manors and estates on offer in the rural areas

Words from the (investment) wise 4.26.09
Words from the (investment) wise for the week that was (April 20 – 26, 2009) “Words from the Wise” this week comes to you in a shortened format as my traveling in the US precludes me from doing my customary commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. On Friday, Federal Reserve regulators have released a white paper outlining the criteria they used to assess the financial health of the nation’s 19 biggest banks.