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Mortgage approvals fall as demand weakens
FT.com - The housing market is showing signs of cooling, but consumers have entered the new tax year in a fairly upbeat mood, reports released on Monday showed.
National City 1st-qtr profit falls
Reuters - National City Corp. , a large
U.S. Midwest regional bank, on Monday said first-quarter profit
fell, hurt by pressure in its mortgage operations.
Eurozone data harden rate rise expectations
FT.com - The eurozone's 'Goldilocks' recovery - not too hot, not too cold - extended into April, with economic confidence strong, mortgage lending slowing and inflation falling, according to latest data.
National City profit down 30 pct, mortgages hurt
Reuters - National City Corp. , a large
U.S. Midwest regional bank, on Monday said first-quarter profit
fell 30 percent, hurt by pressure in its mortgage operations
and rising credit losses.
Eurozone upswing boosted by new data
FT.com - The eurozone's economic upswing is showing few signs of weakness, with inflation falling, mortgage lending cooling and the strongest German order books for 30 years helping keep confidence near a six-year high.
Deutsche files legal claims against New Century
FT.com - Deutsche Bank (NYSE:DB) has joined the ranks of creditors and investors filing legal claims against New Century Financial (NYSE:NEW), the bankrupt US subprime mortgage lender.
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