Mortgage and Financial News From 2008-8-7 Page 01
Previous Day: 2008-08-06
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17
-
Australian Banks May Follow Any Reserve Bank Rate Cut (Update1) (Bloomberg.com)
Aug. 8 (Bloomberg) -- Two of Australia's biggest mortgage lenders have signaled they may bow to government pressure and pass on potential central bank interest-rate cuts to borrowers, helping offset slower economic growth.
2008-08-07 11:05:19 -
Selling a home in short order (The Fresno Bee)
But workouts only succeed if the borrower has a reasonable chance of recovery. "If there is lost income and they can't make any type of reasonable payment, there is no conversation to be had," said Martha Lucey, president of ByDesign Financial Solutions in Fresno, a nonprofit financial counseling service. Read comments
2008-08-07 11:10:10 -
Selling a home in short order (The Fresno Bee)
The number of troubled homeowners able to sell their houses for less than their debt on the property is increasing. Read comments
2008-08-07 11:10:30 -
State treasurer: Great days ahead for Indiana (The Times of Northwest Indiana)
DYER | The worst of times for the nation may turn out to be the best of times for the state of Indiana.
2008-08-07 11:41:06 -
El Paso Affordable Housing gets grant to help first-time home buyers (El Paso Times)
Potential first-time home buyers in El Paso who are encountering a soft housing market and other adverse economic conditions now have more than half a million dollars help for down payment costs through a state-funded grant program.
2008-08-07 11:52:05 -
RBS Posts First Loss in 40 Years on Credit Writedowns (Update1) (Bloomberg.com)
Aug. 8 (Bloomberg) -- Royal Bank of Scotland Group Plc , the U.K.'s second-biggest bank, posted its first loss since going public 40 years as it wrote down 5.9 billion pounds of assets.
2008-08-07 11:55:22 -
A Housing Bill of Horrors - New American
Free PDF of NAU Issue In response to the housing crisis, the American Housing Rescue and Foreclosure Prevention Act of 2008 (H.R. 3221) passed in the House (272-152) on July 23 and in the Senate (72-13) on July 26. This legislation added another new ...
2008-08-06 12:59:00 -
Dundee REIT's Leasing Activity Gains Momentum - Market Wire
"While the markets are tougher and more volatile than last year, we are very confident about our business. We will continue to focus on managing our properties well and will exercise discipline and patience until the right market opportunities arise ...
2008-08-07 11:54:00 -
Foreclosure Consultants and CRM Vendor to Help Homeowners Avoid ... - Forbes
ALTA LOMA, Calif., Aug. 6 /PRNewswire/ -- US Loan Assist today announced services to aid homeowners in danger of losing their homes to foreclosure. For homeowners behind on their mortgage payments or facing upward adjustment of their monthly mortgage ...
2008-08-06 05:28:00 -
Foreclosures flip focus of TV home makeovers - Washington Times
The national housing market is on the skids, and reality television is hoping to capitalize. "Hope for Your Home," a new offering in the genre from TLC, focuses on homeowners who have hit a financial rough patch. Premiering on Saturday at 8:30 p.m ...
2008-08-07 08:51:00 -
NewStar Reports Second Quarter Results - MSN MoneyCentral
BOSTON, Aug. 6, 2008 (PRIME NEWSWIRE) -- Stable Margins and Credit Performance Drive Strong Earnings * Generated $7.6 million of adjusted net income in the second quarter, or $0.16 adjusted earnings per diluted share * Earned $5.9 million ...
2008-08-06 03:55:00 -
Public supports shutting injection site, Ottawa says - Globe and Mail
The Centrist from Canada writes: The last poll suggested the public was in full support of the site. The scientific community is in full support of the site. Yup, but lets reject science, lets rejet what the public believes in and listen to the ...
2008-08-07 03:21:00 -
Fed, 'boxed into a corner,' keeps rates steady - San Francisco Gate
del.icio.us The Federal Reserve, torn between propping up a weak economy and firing a shot against inflation, decided Tuesday to leave its key interest rate steady. At a regularly scheduled meeting of its policymaking committee, the central bank kept ...
2008-08-06 08:06:00 -
Fed Lets Key Rate Stand - The Ledger
credit troubles and creeping inflation รณ the Federal Reserve left an important interest rate unchanged at 2 percent for the second straight meeting . The next direction for rates probably is up, but that's not likely until next year. In turn, the ...
2008-08-04 05:55:00 -
Half-Naked Michael Phelps Ready for Prime Time: Scott Soshnick - Bloomberg
Aug. 6 (Bloomberg) -- Would someone please get Michael Phelps a T-shirt. Somewhere between Athens and Beijing, the American swimming icon morphed into the athletic equivalent of Matthew McConaughey , who covers his pecs and abs about as often as the ...
2008-08-06 12:28:00