Mortgage and Financial News From 2008-7-28 Page 4
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5 Mortgage Fees to Watch Out For - Smart Money
See how the stocks on this page stack up. THE SUBPRIME CRISIS is providing few, if any, signs of abating. Major lender Wachovia ( WB ) recently stopped offering mortgages through brokers, and industry stalwarts Fannie Mae ( FNM ) and Freddie Mac ...
2008-07-28 01:03:00 -
Home Sales Bottoming Out? - WXIA 11 Alive
In Tuesday's consumer and money headlines, experts say home sales could be bottoming out now, plus this week's home mortgage rates. A glimmer of good news as the housing sales slump continues and analysts say it could be 2010 before pricing ...
2008-07-28 03:48:00 -
Paulson unveils new mortgage plan - CNN Money
NEW YORK (Fortune) -- The government is reaching across the Atlantic in its latest bid to revive the U.S. housing market. On Monday, Treasury Secretary Henry Paulson laid out guidelines for banks seeking to issue so-called covered bonds as a way to ...
2008-07-28 03:55:00 -
Woolwich cuts buy-to-let mortgage rates - Times Online
Woolwich, the mortgage arm of Barclays, is cutting rates on buy-to-let deals by up to half a percentage point. From Tuesday, it will be introducing a new rate of 6.99 per cent on its five-year fixed-rate deal, down from 7.49 per cent. The interest ...
2008-07-28 02:36:00 -
Grant Thornton, the leading second-tier accounting firm, has expanded its corporate finance team in a vote of ... (The Herald)
The Pilotlight scheme, which transfers senior executive skills to projects working with disadvantaged people in Scotland, has parachuted a top-level team into the Jeely Piece Club in Castlemilk, Glasgow.
2008-07-28 04:21:12 -
Treasury looking into freeing up log jam in mortgage markets (The Herald)
The Treasury is expected to explain tomorrow how it can revitalise the mortgage market as it responds to a report published by former HBOS chief executive Sir James Crosby.
2008-07-28 04:21:32 -
Viewpoint: Crunch calls for much more than a bodge-up (Guardian Unlimited)
Larry Elliott: As the first anniversary of the credit crunch approaches still the gloomy news piles up
2008-07-28 04:28:36 -
News (The West Australian)
Prices for some of life’s essentials are climbing at their fastest rates in Perth since the 1980s. A breakdown of inflation figures show not only have prices for many essential goods accelerated in recent months, but the key services sector is passing on extra costs to customers.
2008-07-28 04:32:29 -
Super suffers biggest fall since 1992 (The Age)
Australia's major super funds have suffered their biggest monthly fall in value since the arrival of compulsory superannuation 16 years ago, dragged down by a battered sharemarket left weakened by the global credit crisis.
2008-07-28 04:39:02 -
First Financial to release earnings results today (The Hamilton Journal News)
HAMILTON — In one of the most turbulent times for the banking industry in more than a decade, locally-based First Financial Bank is expected to release low earnings results similar to the first quarter this year.
2008-07-28 04:45:30 -
Darling Should Rule Out Fannie Mae-Style Agency, Report Shows (Bloomberg.com)
July 29 (Bloomberg) -- The U.K. Treasury should rule out creating a government-backed agency like Fannie Mae of the U.S. to bolster mortgage funding, a study for Chancellor of the Exchequer Alistair Darling will show today.
2008-07-28 04:52:33 -
Mutual of Omaha Bank makes debut in Arizona (The Arizona Republic)
Firm's takeover includes 28 branches, including 15 in Ariz. and the rest in Calif., Nevada.
2008-07-28 06:22:30 -
Challenging times bring new opportunities - Miami Herald
But we can't ignore the daily economic news, as one element begins to affect another. The subprime mortgage crisis is beginning to affect the commercial market, with banks reeling from residential losses tightening terms on commercial loans.
2008-07-27 11:48:00 -
Who Wants Low Mortgage Rates? - Best Syndication
Who doesn't want low mortgage rates? A low mortgage interest rate means spending less on your monthly payments during the course of the mortgage. A low mortgage rate can save homebuyers like you several thousand dollars. A low mortgage rate means ...
2008-07-27 02:01:00 -
Corzine Among Economy Experts Meeting With Obama (WNBC)
Gov. Jon S. Corzine was among the panel of advisers talking with Barack Obama about the economy Monday.
2008-07-28 01:02:19