Mortgage and Financial News From 2008-8-23 Page 01
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Repossession rate soars in North Devon - Torquay Herald Express
HOMEOWNERS in North Devon are increasingly likely to face destitution because they cannot afford mortgage repayments, new figures reveal. The number of home repossession claims heard at Barnstaple County Court — which hears cases from across the ...
2008-08-20 10:58:00 -
Be ready for rates fall (Herald Sun)
WITH interest rates to start coming down soon, experts say those with savings should take advantage of the high deposit rates now on offer.
2008-08-23 07:00:00 -
Letters To Our Editor (Des Plaines Journal)
This is no time for a legislative pay raise. Too many Illinois families are facing financial hardships where one person has a job, but there isn't enough income to pay for basic expenses like the mortgage or rent, utilities, gas to get to work or health care.
2008-08-23 09:22:44 -
Even in New York, Affordable Apartments (New York Times)
There are good neighborhoods in Queens, the Bronx and Brooklyn, some near subway lines, within the reach of first-time buyers.
2008-08-23 12:55:49 -
Gordon Brown's economy boost will break fiscal rules (Times Online)
Gordon Brown's planned economic package next month will push public finances dangerously into the red and make it harder for the Bank of England to cut interest rates, experts say.
2008-08-23 01:20:27 -
Consumer Rights: Up early – but he missed the cheap flight (Independent)
Q. On 18 July at 6.50am, easyJet emailed me to say its winter schedule for London had been issued. I went to its Holidays page to try to book for Christmas but there was nothing later than 1 November. Yet when I checked the airline's Flights page a few hours later, I found flights had been available for some time – and my chosen dates had already shot up from £50 return to more than £335. How ...
2008-08-23 04:12:03 -
How to handle a stretch of unemployment (The State)
If you’ve just lost your job, the decisions you make in the coming days and weeks may be critical to your financial survival. How you organize your time, corral your resources and handle your money can help determine whether this job loss is a temporary setback or a potentially long-term disaster. MSN Money columnist Liz Pulliam Weston says these five tips will help you find ways to cope, from ...
2008-08-23 09:18:26 -
Ramsey brings message of living without debt (The Post and Courier)
Diane and Moses Bowman were struggling under the weight of more than $100,000 in debt last year when she happened upon a book by talk-show host and personal finance guru Dave Ramsey. She devoured the self-help manifesto in two days, and soon she and her husband were working the Ramsey program — cutting up their credit cards, eliminating wasteful spending and living within their means.
2008-08-23 09:42:47 -
A lavish life, a padded résumé and missing cash - Minneapolis Star Tribune
By all appearances, Joel Pourier was basking in the good life -- living in a $670,000 home with a pool, driving a Cadillac Escalade and a Hummer. When asked about the source of his wealth, the $114,000-a-year Minneapolis charter school director ...
2008-08-23 04:36:00 -
Southeast Austin street target for home mortgage fraud - KVUE
It's becoming a common crime that targets people who are working to achieve the American dream -- home mortgage fraud -- and recently it came close to wiping out an entire street in the Montopolis neighborhood. Isaul Chavez's priority is providing a ...
2008-08-22 02:42:00 -
Mortgage fraud investigations face hurdles - Phoenix Business Journal
Paradise Valley to get first newstate-chartered bank in 30 years [Phoenix] DOC chief to lead Hispanic bank [Phoenix] Bank 1440 opening in Peoria after raising $25M in capital [Phoenix] The state needs more weapons in its arsenal to deal with mortgage ...
2008-08-21 05:57:00 -
Felon changes tune on mortgage fraud - St. Petersburg Times
Early last year, Barbara and Walter Norton were stunned to discover their names on loans for a $930,000 waterfront house in St. Petersburg's Venetian Isles. Their suspicions quickly focused on one person — their granddaughter's boyfriend, felon ...
2008-08-23 12:11:00 -
McCain out of touch, says struggling Toledo homeowner (The Toledo Blade)
Cindy Rybak, 45, is struggling to pay the $515 monthly mortgage on her home in the Reynolds Corners area of Toledo while working two jobs, so she was kind of shocked to hear U.S. Sen. John McCain (R., Arizona) say he doesn't know how many houses he owns. "If you have a staff that has to tell you where you own your homes at and how much they're worth and stuff, then you have no flippin' clue," ...
2008-08-23 02:12:04 -
Judge approves acquisition of Steve & Barry's (Honolulu Advertiser)
A U.S. Bankruptcy Court judge yesterday approved a $163 million acquisition of discount clothing chain Steve & Barry's.
2008-08-23 04:14:37 -
2 charged in attempt to con $214 million from bank (Orlando Sentinel)
A Miami man who printed his own money, issued invalid checks and was trying to establish a currency to rival the U.S. dollar has been charged with conspiracy and bank fraud along with one of his Orlando associates, federal officials revealed Friday.
2008-08-23 04:36:27