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New Construction Loan - News Articles

Breaking News
Oct 21, 2008
Straits Times, Singapore -
SEOUL - SOUTH Korea announced on Tuesday measures to rescue cash-strapped home builders as the sector's troubles put additional pressure on Asia's ...
Bloomberg.com: Asia
Oct 21, 2008
Bloomberg -
By Kyunghee Park and Seyoon Kim Oct. 21 (Bloomberg) -- South Korea will spend as much as 8 trillion won ($6 billion) to buy land and unsold homes, aiming to shield the property industry from a collapse that may worsen an economic slowdown. ...
Seoul reveals new bailout plan for builders_English_Xinhua
Wednesday, October 22, 2008
Xinhua, China -
SEOUL, Oct. 22 (Xinhua) -- The South Korean government has announced its 5 trillion won (3.76 billion dollars) bailout plan to be spent to purchase idle land and unsold homes from liquidity-squeezed builders, the Korea Herald reported on Wednesday.     "The risk in the ...
PE.com | Southern California News | News for Inland Southern California
Wednesday, October 22, 2008
Press-Enterprise, CA -
By MICHAEL R. BLOOD AP Gov. Arnold Schwarzenegger says the federal government should move swiftly to enact a second economic stimulus package to help teetering homeowners. If it doesn't, it could face another possible crisis ...
Calif. governor wants federal help for homeowners
Wednesday, October 22, 2008
San Francisco Chronicle,  USA -
By MICHAEL R. BLOOD, AP Writer The federal government should move swiftly to enact a second economic stimulus package to help teetering homeowners or face another possible crisis — banks stuck with a massive stock of vacant homes, Gov. Arnold Schwarzenegger warned Wednesday. ...
GFED Guaranty Federal Bancshares, Inc. Announces Third Quarter 2008 Financial Results
Oct 21, 2008
Trading Markets (press release), CA -
...
MBTF MBT Financial Corp. Announces Third Quarter 2008 Earnings
Oct 21, 2008
Trading Markets (press release), CA -
MONROE, Mich., Oct 21, 2008 (GlobeNewswire via COMTEX) -- MBTF | Quote | Chart | News | PowerRating -- MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported third quarter 2008 net income of $324,000, or $0.02 per ...
MBT Financial Corp. Announces Third Quarter 2008 Earnings
Oct 21, 2008
Stockhouse, Canada -
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported third quarter 2008 net income of $324000, or $0.02 per diluted share , compared to the $3.2 million, or $0.20 per diluted share earned in the third quarter of 2007. Net income ...
Union Bankshares Corporation Reports Earnings
Wednesday, October 22, 2008
PR Newswire (press release), NY -
BOWLING GREEN, Va., Oct. 22 /PRNewswire-FirstCall/ -- Union Bankshares Corporation (the "Company") (Nasdaq: UBSH) reports net income for the quarter ended June 30, 2008. This increase includes the aforementioned gains on the sales of two parcels of bank owned real ...
Fulton Financial Corporation Q3 2008 Earnings Call Transcript - Seeking Alpha
Wednesday, October 22, 2008
Seeking Alpha, NY -
Good day and welcome everyone to the Fulton Financial Third Quarter 2008 Earning Results Conference Call. This call is being recorded. (Operator instructions) At this time, I would like to turn the call over to Vice President, Corporate Communications Manager, ...
Guaranty Federal Bancshares, Inc. Announces Third Quarter 2008 Financial Results - MarketWatch
Oct 21, 2008
MarketWatch -
The Company announces that earnings for the third quarter ended September 30, 2008 were $.11 per diluted share, or $299000, an increase of 111% from the ($.96) per diluted share during the second quarter ended June 30, 2008. This was a decrease of 81% from ...
MBT Financial Corp. Announces Third Quarter 2008 Earnings - MarketWatch
Oct 21, 2008
MarketWatch -
, , ) , the parent company of Monroe Bank & Trust, reported third quarter 2008 net income of $324000, or $0.02 per diluted share, compared to the $3.2 million, or $0.20 per diluted share earned in the third quarter of 2007. Net income for the nine months ...
Union Bankshares Corporation Reports Earnings - MarketWatch
Wednesday, October 22, 2008
MarketWatch -
, , ) reports net income for the quarter ended September 30, 2008 of $4.3 million, down $78 thousand or 1.8% from as compared to the most recent quarter ending June 30, 2008. Earnings per share, on a diluted basis, declined $.01 from $.32 to $.31, representing a ...
dBusinessNews :: Daily Business News Delivered to Your Desktop
Wednesday, October 22, 2008
dBusinessNews Pittsburgh (press release), PA -
Triangle - RALEIGH, October 21, 2008 -- Beazer Homes USA, Inc. (NYSE: BZH), one of the country’s top-10 home builders, is promoting alternative solutions for home shoppers who are concerned about recent changes in mortgage lending laws that make it more difficult for ...
NZ interest rates cut 1 percentage point - Breaking News - Business - Breaking News
Wednesday, October 22, 2008
The Age, Australia -
The New Zealand Reserve Bank (RB) has slashed official interest rates an unprecedented 1 percentage point to 6.5 points, opening the way for cuts to mortgage rates but also highlighting the grim outlook facing the global economy. "Ongoing financial market turmoil and ...
Bloomberg.com: Australia & New Zealand
Wednesday, October 22, 2008
Bloomberg -
By Tracy Withers Oct. 23 (Bloomberg) -- New Zealand's central bank cut its benchmark interest rate by a record 1 percentage point to 6.5 percent and ...
Bloomberg.com: Australia & New Zealand
Wednesday, October 22, 2008
Bloomberg -
By Tracy Withers Oct. 23 (Bloomberg) -- Kiwibank Ltd., a New Zealand government-owned lender, cut its variable home-loan lending rate to 8.7 percent from 9.7 percent after the central bank today lowered benchmark borrowing costs. ...
Kiwibank first to react to rates cut | National Business Review (NBR) New Zealand - Business, News, Arts, Media, Share Market & More
Wednesday, October 22, 2008
National Business Review, New Zealand -
Kiwibank was the first bank to react to Reserve Bank governor Alan Bollard's cut in the Official Cash Rate (OCR) by making a matching one percent cut to its variable home loan rate. And an ASB Bank spokeswoman said its variable rate was under review while its ...
NZ cuts official interest rate
Wednesday, October 22, 2008
Radio Australia, Australia -
New Zealand's central bank has cut the official interest rate by one percentage point, to 6.5 per cent. The governor of the Reserve Bank of New Zealand, Alan Bollard, says the continuing turmoil in global financial markets and a corresponding outlook for less growth have played ...
UPDATE 1-NZ cenbank cuts interest rates by record 1 pct point - Forbes.com
Wednesday, October 22, 2008
Forbes, NY -
WELLINGTON, Oct 23 (Reuters) - New Zealand's central bank slashed interest rates by a record one percentage point on Thursday and said further cuts are in the pipeline as the global financial crisis threatens to exacerbate a local recession. ...

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