Mortgage and Financial News From 2008-7-19 Page 3
Previous Day: 2008-07-18
Return to the mortgage news archive home.
-
In Case Of Emergency, Withdraw Here (Forbes)
You can't always prevent disasters from happening, but you can be financially prepared for them.
2008-07-18 10:34:44 -
Top Scoops (Scoop.co.nz)
Michael Niebauer of the DC Examiner called the other day with a question that had been wandering aimlessly around in my head for some time: what did Barack Obama and DC Mayor Adrian Fenty have in common?
2008-07-18 09:55:48 -
New source for home loans: strangers (Austin American-Statesman)
Homeowners who are having trouble borrowing against their house are starting to look to an interesting new source for cash: strangers.
2008-07-19 07:12:18 -
Feds Real Estate And Mortgage Testimony - HULIQ.com
Ben Bernanke testified before the Committee on Financial Services that the US economy would “expand at a pace appreciably below its trend rate” through 2010 in large part to the current housing slump and tightened lending standards. Inflation ...
2008-07-16 05:56:00 -
10News Tackles Mortgage Meltdown Crisis - San Diego Channel
Many San Diegans are feeling the heat of the current Mortgage Meltdown. 10News has comprehensive news and resources to help navigate the mortgage crisis by helping you: Find out about mortgage modifications, the right questions to ask lenders, what ...
2008-07-17 10:53:00 -
Paul Krugman: Fannie and Freddie not responsible for current fiscal ... - Naples Daily News
And now we’ve reached the next stage of our seemingly never-ending financial crisis. This time Fannie Mae and Freddie Mac are in the headlines, with dire warnings of imminent collapse. How worried should we be? Well, I’m going to take a ...
2008-07-19 04:05:00 -
What the takeover of A&L means - Times Online
The acquisition of A&L will make Santander, which bought Abbey for £8.5 billion four years ago, the UK’s second-largest mortgage lender. Its offer is worth 299p a share, or 317p once shareholders’ 18p interim dividends have been paid. Investors ...
2008-07-19 01:14:00 -
Assessor says Davis valuations may jump - Deseret News
FARMINGTON — Some Davis County residents may be in for sticker shock this month when valuation notices start showing up in mailboxes. Davis County Assessor James Ivie said Centerville, like Bountiful in 2007, has been neglected over the years due ...
2008-07-18 10:47:00 -
Municipal Regulator Seeks Better Auction Disclosure (Update1) - Bloomberg
July 18 (Bloomberg) -- U.S. municipal- bond regulators plan to begin disclosing interest rates on auction-rate securities in January to provide more information to investors. The Municipal Securities Rulemaking Board voted to begin electronic ...
2008-07-18 10:23:00 -
Welcoming foreclosure (The Columbus Dispatch)
Ralph Stover has good credit and a steady job. But he took out a risky interest-only first mortgage and a second mortgage to buy a new 1,900-square-foot condominium in 2003 with no money down. Now, the 52-year-old Columbus man is scared he could become another casualty in the ongoing housing meltdown.
2008-07-19 02:55:17 -
Chief Struggles to Revive Merrill Lynch (The Hendersonville Times-News)
During the past 12 months, Merrill, known for its “Thundering Herd” of stockbrokers, has lost about $19.2 billion, which works out to about $52 million a day.
2008-07-19 07:20:51 -
Beware the ides of March (Stuff)
THE MOOD of the nation is darkening by the day. Is it justified? Will it harm us? What does it say about us?
2008-07-19 01:54:46 -
They gave ordinary Americans a home. And then the roof fell in (Independent)
President Roosevelt must be turning in his grave. The mortgage guarantee institution that was created to help solve America's depression-era housing crisis seems to have had a central role in instigating a new economic crisis – and perhaps even a new depression.
2008-07-19 04:16:31 -
Schnurman: North Texas housing market is still troubled (Fort Worth Star-Telegram)
Mortgage-lender bailouts may be necessary, but they won't stem the decline in the real estate sector.
2008-07-19 04:30:47 -
Your family is growing, your home is groaning. But no one wants to sell (Independent)
Even a credit crunch isn't likely to put people off starting or extending a family – but it's making it harder to trade up to a bigger family home.
2008-07-19 04:37:50