Mortgage and Financial News From 2008-8-1 Page 01

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  • Home improvement loans 'up 20%' - Crewe Guardian

    Lloyds TSB has said it had seen a near 20% jump in the number of people looking to borrow money to improve their home. The bank said personal loan applications for home improvement work were 19% higher during the first six months of the year than ...
    2008-08-01 08:29:00
  • California housing market hints at bottom to slump - Reuters

    SAN FRANCISCO (Reuters) - A bottom in the battered U.S. housing market may emerge first in California, one of the states hardest hit by foreclosures and where home prices are dropping to a point where the cost of a mortgage and taxes equals rent ...
    2008-08-01 02:24:00
  • Queensland Water solutions cash dries up - News.com.au

    ANOTHER Brisbane water tank company has collapsed, with estimated debts of more than $1 million owed to about 180 creditors. Queensland Water Solutions has $8000 or less in assets and there was virtually no chance of businesses, employees or ...
    2008-08-01 05:59:00
  • Missouri funeral home to temporarily close - Boston Globe

    COLUMBIA, Mo.— A central Missouri funeral home accused of improperly handling bodies has agreed to close for 15 days while a state investigation looks into practices at the facility. Warren Funeral Chapel Inc. agreed during an emergency court ...
    2008-07-30 09:36:00
  • NY state foreclosures rise, most in NY City area - Forbes

    United States - NEW YORK (Reuters) - Home foreclosures in New York state rose 14 percent in the first quarter from the 2007 fourth quarter, with 82 percent of the foreclosures concentrated in the New York City metropolitan area, according to a report ...
    2008-07-31 08:49:00
  • Bush Signs Housing Bill In Private Ceremony - Huffingtonpost.com

    Compare 04:57 PM EST 04:53 PM EST 04:52 PM EST 04:51 PM EST 04:39 PM EST 03:55 PM EST 03:52 PM EST 03:49 PM EST 03:20 PM EST 02:48 PM EST 02:44 PM EST 12:06 PM EST 09:19 AM EST 07:54 AM EST 07:53 AM EST 07:52 AM EST 07:43 AM EST 07:39 AM EST 07:37 AM ...
    2008-07-30 01:44:00
  • Good guys, trade talks, a facilitator - Atlanta Journal Constitution

    Anybody who stereotypes Republicans as low-tax fiscal conservatives doesn’t recognize the true diversity that reigns in the party, both here and nationally. Example: State Rep. Ron Stephens of Garden City, the first Republican to hold that seat ...
    2008-08-01 02:38:00
  • Mortgages & homes - Mortgage features - This is Money

    High St lenders including Halifax, Nationwide, HSBC and Britannia have all begun to cut mortgage rates, as the cost of funding has slipped back over recent weeks. But discount and tracker deals still remain a more cost effective option than fixed ...
    2008-08-01 08:58:00
  • Tapping home equity? Good luck - Herald Tribune

    Plunging real estate values have dried up one of consumers' most frequently tapped sources of cash -- their homes. The amount of money that U.S. homeowners pulled out of their houses has fallen to a four-year low, a reflection of tumbling values and ...
    2008-07-31 09:56:00
  • Mortgage Lender's Profits Fall 99% - Ananova

    Alliance & Leicester has revealed the credit crunch almost completely wiped out profits in the first six months of the year. The bank, which has agreed a £1.26bn sale to Abbey's Spanish banking parent Santander, reported interim pre-tax profits of ...
    2008-08-01 01:31:00
  • HOUSING AND ECONOMIC RECOVERY ACT OF 2008: Law may be of little help ... - Las Vegas Review Journal

    The new housing recovery law gives a glint of hope to homeowners facing foreclosure, but local business leaders doubt it will help many Southern Nevadans. The Housing and Economic Recovery Act of 2008 that was signed into law by President Bush on ...
    2008-08-01 01:52:00
  • Age can play a role in your mortgage equation - Chicago Tribune

    If you're over 55 and need a mortgage, the important thing to know is that lenders can't deny you a loan based on your age. But age can factor into your mortgage equation. An approaching retirement makes it important for the borrower to research a ...
    2008-07-31 11:44:00
  • House rules: The truth about today's property market (Independent)

    Making sense of what's going on in the housing market has been hard work over the past few months. Depending on whom you believe, we're either in the middle of a prolonged slump or just around the corner from a remarkable recovery.
    2008-08-01 04:11:52
  • Market forces: Banks and retail vie with miners in FTSE 100 (Guardian Unlimited)

    Angela Balakrishnan: Blue chip index closes down for second consecutive day, shedding 1.06% to 5354.7
    2008-08-01 04:13:01
  • Berger & Montague, P.C. Files Class Action Lawsuit Against Certain Officers and a Director of IndyMac Bancorp Inc., ... (PR Newswire via Yahoo! News)

    The law firm of Berger & Montague, P.C. announces it has filed a class action lawsuit, Daniels v. Perry and Keys, No. 08-cv-085073, in the U.S. District Court for the Central District of California on behalf of all purchasers of the common stock, preferred stock and/or preferred units of IndyMac Bancorp Inc. (IndyMac or the Company) between April 26, 2007 and May 12, 2008, inclusive (the Class ...
    2008-08-01 05:53:00