Mortgage and Financial News From 2008-5-21 Page 11

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• Arcan Resources Ltd. Announces Record First Quarter 2008 Results as Well as Additional Lands Acquired Offsetting Deer ... (CCNMatthews via Yahoo! Finance)

  CALGARY, ALBERTA-- - Arcan Resources Ltd. , is pleased to announce a record first quarter as well as the acquisition of additional lands offsetting its Deer Mountain property.
  2008-05-21 04:12:35

• Sallie shares surge on gov't intervention talk (INO News)

  (AP:WASHINGTON) Shares of industry leader Sallie Mae jumped Wednesday after it became known that the Bush administration is preparing to help struggling lenders in the student lending market by buying up their loans.
  2008-05-21 03:20:15

• Mining / In Depth Interviews (Business News Americas)

  Centenario Copper's Franke project in Chile's region III is next in line in the country's red metal project pipeline. Decades in the making, it looks like Franke will finally have the chance to fulfill its destiny of becoming a mine.
  2008-05-21 04:16:08

• Sewer rate hike for Warkworth (The Independent Online)

  Residents of Warkworth will be feeling a little flushed when they open their sewer and water bills in July. The new 2008 sewer and water rates receiving their final reading by Trent Hills Council this week will almost double the village’s sewer surcharge.
  2008-05-21 04:19:05

• House sales to slump 35% as property prices plummet by 7% this year (Daily Mail)

  The number of homes sold this year will fall nearly 40 per cent to its lowest level since the 1970s, the Council of Mortgage Lenders warned today.
  2008-05-21 05:34:21

• How Health Savings Accounts Work (Richfield Reaper)

  (ARA) - A month ago, Jenny Thomas checked into her local hospital to deliver her first child. Unanticipated complications necessitated an emergency surgery. Fortunately both she and the baby were fine.
  2008-05-21 04:45:16

• Consumer Prices Seen Rising More Than 7% Year to Date (The Moscow Times)

  22 May 2008 Reuters Consumer prices have risen by more than 7 percent since the start of the year, the government said Wednesday, in what market players said made the annual target unachievable without ruble appreciation.
  2008-05-21 03:02:20

• Striving for a better Malaysia (The New Straits Times)

  I'M no stranger to challenges, as I have been in and out of prison 12 times due to politics. I have been with PKR's Youth wing for 7 years.
  2008-05-21 04:45:56

• American equities falter as Fed cuts growth forecasts (Daily Telegraph)

  The US Federal Reserve has signalled the end of its recent run of interest rate cuts after slashing growth forecasts for the American economy, sending US equities markets tumbling more than 210 points in early trading.
  2008-05-21 04:47:41

• Catholic Charities Gets $87,500 Grant For Housing Aid Program (New London Day)

  Norwich - Catholic Charities of the Diocese of Norwich has received an $87,500 grant from the Connecticut Housing Finance Authority to help families with subprime
  2008-05-21 03:31:35

• Sales slowdown lifts buy-to-let (BBC News)

  Weak property demand is lifting buy-to-let, the Royal Institution of Chartered Surveyors says.
  2008-05-21 04:39:52

• Bush administration outlines student loan program (Washington Post)

  WASHINGTON (Reuters) - The Bush administration rolled out pricing details on Wednesday for an urgent student loan market stabilization program mandated earlier this month by Congress, with key lawmakers expressing general support.
  2008-05-21 03:04:22

• Moody's launches inquiry after rating error report (Interactive Investor)

  Wed 21 May, 2008 22:24
  2008-05-21 03:52:16

• Between Concessions and Commissions, a Murky Kind of Math (Washington Post)

  Q: We engaged a real estate broker to sell our house. The listing agreement obligated us to pay a 5 percent commission based on the sales price. The broker found a buyer, but to get him to sign the contract, we agreed to give a 3 percent "seller concession."
  2008-05-21 12:01:48

• Crude Awakening For Wall Street (Forbes)

  Fed offers investors no succor as oil sprints to yet another record high.
  2008-05-21 04:22:44

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