Mortgage and Financial News From 2008-6-1 Page 01

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  • Your investing queries answered - News.com.au

    Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? PHONE lines ran hot last week as readers sought help from some of South Australia's top financial planners in our free ...
    2008-06-01 06:21:00
  • Japan's Nomura to set up 340 bln yen rehabilitation fund in Europe ... - Forbes

    TOKYO (Thomson Financial) - Japan's biggest securities brokerage group Nomura Holdings Inc. plans to establish a corporate rehabilitation fund in Europe totaling 2.1 billion euros or around 340 billion yen ($3.2 billion), the Nikkei newspaper ...
    2008-06-01 04:55:00
  • Affluent are also losing homes - Baltimore Sun

    The best immunization against foreclosure used to be affluence. No more. The number of homeowners defaulting on their loans in the Baltimore metro area last year rose most quickly among the highest- income counties with the most expensive housing ...
    2008-06-01 08:51:00
  • Neighbors Kick Family Out Of Home - Tampa Bay Online

    NEW PORT RICHEY - Tired of the nagging letters from your neighborhood homeowners association, the threats of liens on your home? Before you ignore the association, consider the fate of Gregory Green. More than three years ago, Green's body seemed to ...
    2008-06-01 09:06:00
  • Brazos Trapped by Auction-Bond Yields Above Student-Loan Rates - Bloomberg

    June 2 (Bloomberg) -- Brazos Group Inc., the largest municipal borrower in the $330 billion auction-rate securities market, is stuck with $7 billion of debt it can't refinance, restructure or buy back. The student-loan company is getting squeezed ...
    2008-06-01 10:39:00
  • Mortgage dangers skyrocket in state - Baltimore Sun

    The number of Maryland borrowers in danger of losing their homes is increasing at a dizzying pace. Lenders were trying to foreclose on more than 13,000 homeowners at the end of last year, up about 150 percent from a year earlier, the Mortgage Bankers ...
    2008-06-01 08:51:00
  • Govt prepares two bills to ease mortgage financing (IPP Media)

    The government is finalising the preparation of two bills on mortgage finance, expected to be tabled in Parliament soon.
    2008-06-01 10:21:15
  • Slow economic times mean pay cuts for many workers (USA Today)

    When times were good, Mark Gershman's salary was all but an afterthought. It made up only about 20% of his pay. The remaining 80% flowed from sales, which were brisk, of the floors and countertops he sells in the once white-hot housing market of Scottsdale, Ariz.
    2008-06-01 10:32:58
  • The Motley Fool financial advice (Houston Chronicle)

    Q: How can a lower-priced stock be called more expensive than a higher-priced stock?
    2008-06-01 10:36:01
  • More Americans taking bankruptcy over destitution (Houston Chronicle)

    Once considered a last resort, more Americans are choosing to file for bankruptcy rather than be impoverished.
    2008-06-01 10:36:41
  • Treasury Auctions Set for This Week (NYTimes.com via Yahoo! Finance)

    The week’s financing schedule included Monday’s regular weekly auction of new three- and six-month bills and auctions of one-year and four-week bills on Tuesday.
    2008-06-01 10:36:46
  • Securitisation volumes grow 3 times in FY08 (Business Standard India)

    Need for banks to realign credit portfolio triggers spurt. After maintaining a low profile in the last two years, the securitisation activity in the country gathered pace in 2007-08.
    2008-06-01 10:37:13
  • Interest rate pain finally delivers a gain as credit growth hits brakes (Independent Online)

    Confirmation came on Friday that the 4.5 percentage point rise in interest rates over the past two years is finally yielding results. Data released by the Reserve Bank showed that credit growth slowed sharply over the 12 months to April. Over the past few months, the declining trend is reflected most clearly in credit extended to the household sector.
    2008-06-01 10:40:56
  • Can Ike Obasi Sell You a House? (BusinessWeek)

    If not, it's no surprise. Like many other Realtors, the Nigerian immigrant is now supplementing his income in other ways
    2008-06-01 10:46:37
  • Questions and Answers with Lyne Tracy - Daily Oklahoman

    Q : Interest rates have been at historic lows for a long time now. Why would people refinance now, if they haven't already? A : There are several reasons. Rates for 30-year fixed-rate mortgages are about 0.75 (percentage point) less than they were ...
    2008-05-30 10:55:00