Mortgage and Financial News From 2008-4-18 Page 01

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• Devising a battle plan for college financial aid (MSNBC)

  Most colleges mail their financial-award letters this month, and it’s a safe bet that most families will be disappointed. Here's how to work the system to your best advantage.
  2008-04-17 05:08:44

• Save Money by Prepaying Your Mortgage (TheStreet.com)

  With interest rates on savings accounts so low, it might make sense to pay down your mortgage early.
  2008-04-17 07:50:53

• Marriott International Reports First Quarter Results (PR Newswire via Yahoo! Finance)

  First Quarter Highlights:
  2008-04-17 08:00:00

• Boeing Awarded Launch Services Contract for 2nd WorldView Satellite (SpaceRef)

  Boeing Awarded Launch Services Contract for 2nd WorldView Satellite
  2008-04-17 08:36:46

• How to Determine if it's Time to Refinance (The Bradford Era)

  (ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
  2008-04-17 01:33:44

• SCBT reports 14.5% increase in first quarter net income (The Times and Democrat)

  COLUMBIA, S.C. - SCBT Financial Corporation (NASDAQ: SCBT), the holding company for South Carolina Bank and Trust, National Association, South Carolina Bank and Trust of the Piedmont, National Association, and The Scottish Bank, National Association, today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2008.
  2008-04-17 11:02:38

• WEATHER FOR STROUDSBURG: (Pocono Record)

  New housing permits are on a steep downward slide in Monroe County, and may have yet to hit bottom. Pocono area builders are finding ways to adjust to a slower market, in the wake of Tuesday’s national report of a crushing drop in new home starts.
  2008-04-18 09:19:38

• Find the Best Deal on Refinancing Your Home (Carteret County News-Times)

  (ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?
  2008-04-18 12:01:48

• RBS needs £10bn, but customers are told not to worry (Independent)

  Don't panic. The message from City watchdogs to customers of Royal Bank of Scotland, which will ask its shareholders to stump up £10bn of new capital for the bank next week, could not have been clearer yesterday. While RBS's rights issue will be the largest ever fund-raising effort of this type by a British company, there is absolutely no suggestion that customers' money is at risk.
  2008-04-18 04:13:57

• Clarification of Dittybase Technologies Inc. News Release (Marketwire via Yahoo! Finance)

  Dittybase Technologies Inc. -- Further to the Dittybase Technologies Inc. news release of the 16th of April 2008, pertaining to Dittybase's agreement with the CBC, Dittybase wishes to clarify certain points contained within the release as follows;
  2008-04-18 04:15:00

• Kate Hughes: Lenders come up with new tricks (Independent)

  If the banks thought they would stave off accusations of mortgage profiteering by reducing a couple of standard variable rates in line with the latest rate cut, they are mistaken.
  2008-04-18 04:28:35

• Benny Kass: If you own multiple rental properties, consider an LLC for each (San Antonio Express-News/KENS 5)

  Dear Benny: I own several single-family rental homes. In talking to advisers, one says I should put the houses into LLCs for liability protection. Another said, don't bother. If you get sued, your liability protection on your homeowners policy plus your umbrella policy will cover you.
  2008-04-18 04:31:05

• ECB officials warn of interest rate increases (Irish Examiner)

  INFLATION concerns have let two leading ECB officials to warn the next move in European interest rates could be upwards.
  2008-04-18 05:01:28

• Citigroup warns housebuilding will fall 25pc (Daily Telegraph)

  Citigroup analysts have cut their forecasts for the housebuilding sector in the wake of an "alarming" drop in activity in the housing market in recent weeks.
  2008-04-18 05:19:09

• Iceland, a Tiny Dynamo, Loses Steam (NYTimes.com via Yahoo! Finance)

  Iceland’s long economic boom has ended in a painful bust, with a collapsing currency, rising inflation, double-digit interest rates and predictions of its first recession since 1992.
  2008-04-18 05:40:05

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