Mortgage and Financial News From 2008-9-13 Page 01
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Talk back - Raleigh News & Observer
Readers respond to Work & Money and Business section coverage Get lawyer's help Sunday's mortgage primer recommends having an attorney look over documents prior to closing ("Mortgage 101: Avoiding pitfalls," Work&Money, Sept. 7). Because borrowers ...
2008-09-13 10:23:00 -
Our view: We cannot have capitalism without risk - Eagle-Tribune
Taxpayers will pay up to $200 billion for the federal takeover of Fannie Mae and Freddie Mac, the two titans of the mortgage market. It will take some time to figure out what to do with the two "government-sponsored enterprises," as the quasi-public ...
2008-09-13 10:01:00 -
Abbey to cut mortgage rates again - BBC Business
In the past week other lenders including the Nationwide, HSBC and the Co-op bank have also cut their rates. The downward trend in fixed-rate mortgage costs is due to the falling cost to banks of borrowing wholesale funds on the financial markets ...
2008-09-12 04:45:00 -
Big deals on outgoing wheels (The Clarion-Ledger)
Heading into the year-end sell down, car dealers in Mississippi can only look forward after a difficult year.
2008-09-13 11:14:02 -
Budget (Akron Beacon Journal)
om and Sarah Sanderson have a lot of new things in their life. They bought a house. They got married in May. They have relatively new jobs, having completed their graduate studies within the last few years.
2008-09-13 11:19:47 -
Couple able to climb out of $18,000 credit card debt (The Topeka Capital-Journal)
With 17 credit cards, this Topeka family accumulated $18,000 of debt. They were determined to climb out. Six years later, with credit counseling, they are debt free. See how they did it, vowing now to pay as they go.
2008-09-13 11:53:51 -
Crash course for accidental landlords (Stuff)
Accidental investors need to school up in the basics of being a landlord, or they risk capitulating in a weakened market, says author Andrew King.
2008-09-13 11:54:38 -
Is There Anybody Out There? - Forbes
This week's change at the top of the two large U.S. mortgage agencies, Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ), seems to confirm a management succession rule of thumb: Go inside for continuity, outside for ...
2008-09-12 03:22:00 -
Keep loan repayments same: broker - West Online
Home borrowers should maintain their loan repayments at pre rate cut levels so their debt to the bank is paid quicker, a leading mortgage broker says. Aussie Homes Loans chairman John Symond said Australian mortgage holders should keep their ...
2008-09-11 10:25:00 -
Mortgage broker in London offers easy mortgage deals to property ... - PR Inside
2008-09-12 11:26:58 - Independent mortgage broker in London is currently offering best rate mortgage deals for residential and commercial property buyers in UK. Independent mortgage broker in London www.adsmortgages-loans.co.uk are currently offering ...
2008-09-12 02:21:00 -
Ex-mortgage broker gets 30 months in high-profile fraud scheme - Kansas City Star
A federal judge Thursday sentenced a former mortgage broker to 30 months in federal prison for his role in a high-profile fraud scheme. A jury convicted Monty Kinman, 27, in November for his role in a conspiracy headed by Raymond Zwego to purchase a ...
2008-09-10 05:54:00 -
Mortgage agony eases as lenders cut rates for first time in months - Guardian Unlimited
AFTER MONTHS of agony for homeowners and buyers, mortgage rates are falling - and even cheaper deals could be on the horizon. In the past few weeks interest rates on the very cheapest fixed-rate deals have fallen below 5 per cent. And, as of last ...
2008-09-13 04:03:00 -
Lehman talks extend to third day (Reuters via Yahoo! Singapore News)
By Dan Wilchins and Glenn Somerville
2008-09-13 09:27:02 -
What the Fannie, Freddie takeover means to you (The Post and Courier)
Questions and answers about the impact of one of the most dramatic federal interventions ever in the financial markets.
2008-09-13 09:42:25 -
First-time home buyers find haven in new subdivision (The Daily Sentinel)
Litonya Wyse was convinced she couldn’t afford to buy her own place.
2008-09-13 09:51:22