Mortgage and Financial News From 2007-12-1 Page 01

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  • Volatile stock market blamed on suicides

    Earthtimes - ... Group of Hospitals, which offer counselling services have seen a significant rise in the number of callers seeking advice as ... Tung Wah official Henry Chan Fuk-lung said the increase was apparent after August when stocks plunged on US subprime mortgage ...
    2007-12-01 08:44:00
  • Morgan Stanley fires Cruz missile as crisis bites

    Times Online - Cruz’s departure comes weeks after Morgan Stanley revealed $3.7 billion (£1.8 billion) of losses on sub-prime mortgage ... Two years on Morgan Stanley is in turmoil again and some other advice Cruz gave the Harvard students now seems prophetic ...
    2007-12-01 02:03:00
  • Michelle Singletary: Soldier follows marching orders — and lowers ...

    Omaha World-Herald - Our other debt is $1,267 a month for our mortgage, $3,300 owed on furniture, and $2,000 at Home Depot and on one credit card. I need some advice." Here's what I recommended: First, figure out what they must spend to run their household for three months ...
    2007-12-01 07:04:00
  • Heartbeat Monitors

    Washington Post - The advice that I give to clients is you don't want to panic." Still, Fekete, one of Cheng's clients, recently dumped some ... Financials, which include lenders suffering from the subprime mortgage crisis, had the least amount of buy ratings, at 36 ...
    2007-12-01 10:17:00
  • The loan crisis hits home (Newsday)

    Stories from the front lines -- and expert advice for Long Islanders buying, selling, investing and struggling to hold on By now, many have been touched by the credit crisis. And it's not over yet. But financial experts say there are ways to survive -- and thrive -- in this real estate market.
    2007-12-01 06:45:01
  • Families who lost homes to mudslide find community support

    La Crosse Tribune - Once my insurance claim was denied, then I could deal with the mortgage company,” she said. During a time like this, Twite is grateful for support she has seen from so many. Even in the snowy weather Saturday, many came to the Brownsville Mudslide ...
    2007-12-01 09:05:00
  • As prices slide, owners fret

    St. Petersburg Times - Mortgage fraud played a part in artificially driving up prices, they said, and buyers have backed away from the high homeowner's insurance rates for houses in coastal flood zones. But the main explanation may be that waterfront markets are always ...
    2007-12-01 09:27:00
  • We've been thankful; now let's be generous

    St. Petersburg Times - The people traditionally filling these requests have their own financial considerations like gas, mortgage payments and insurance costs. People are cutting back and being more selective about their giving. The United Way of Pasco says the volume of ...
    2007-12-01 08:01:00
  • Budgeting can prevent post-holiday financial stress

    San Gabriel Valley Tribune - ... to find low rates on monthly bills, such as mortgage, insurance or cell ...
    2007-12-01 09:12:00
  • Good credit? Verifiable income? Then buy the best holiday present ever ...

    Asheville Citizen-Times - There are even some programs that require no mortgage insurance, no reserves and will allow up to a 6 percent seller contribution to closing costs. Before you go house shopping, you should sit down with a trusted lender — ask your friends and ...
    2007-12-01 09:12:00
  • Media Advisory - Canadian vs. U.S. Mortgage Industries

    CNW Group - CAAMP's membership base consists of mortgage lenders, brokers, insurers and other industry participants. CAAMP's other primary role is that of consumer advocate. On an ongoing basis CAAMP aims to educate and inform the public about the ...
    2007-12-01 02:24:00
  • Mortgage industry hashes out rate-freeze plan

    Reuters UK - Bair was the first federal regulator to propose a broad rate freeze as California negotiated a similar deal with several top mortgage lenders in the state, hard-hit by the housing downturn. Estimates of mortgage resets vary. Federal Reserve officials ...
    2007-12-01 08:44:00
  • Mortgage industry hashes out rate-freeze plan (Reuters via Yahoo! News)

    Mortgage industry executives worked on Saturday to hammer out details of a homeowner rescue plan that would freeze interest rates on some U.S. subprime mortgages for up to seven years, but questions remained over how to avoid investor lawsuits and other legal challenges.
    2007-12-01 08:49:31
  • Most Asian markets rise on expectations key US interest rate will be ...

    International Herald Tribune - BANGKOK, Thailand : Most Asian markets rose Friday after investors interpreted comments by U.S. Federal Reserve Chairman Ben Bernanke to mean he and his central bank colleagues would move to cut a key interest rate next month. Japan's Nikkei 225 ...
    2007-11-30 04:31:00
  • ING chief goes as savers take out £3.6bn

    Daily Telegraph - The group was offering savers an interest rate of 5 per cent even after the Bank of England raised the base rate to 5.75 per cent. Sinclair's departure was announced to staff last Monday. He will leave the group in January. He is to be replaced by ...
    2007-12-01 03:50:00