Mortgage and Financial News From 2008-10-15 Page 01
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UPI NewsTrack Business - United Press International
NEW YORK, Oct. 15 (UPI) -- U.S. stock markets fell hard Wednesday as investors worried the economy was headed toward a recession. Mortgage applications rose during the week ending Oct. 10, but mortgage rates also climbed, the Mortgage Bankers ...
2008-10-15 04:43:00 -
Report From Finovate '08: Round 3 - Consumerist.com
We spent yesterday at Finovate, a yearly roundup of new personal finance services available online. Here's a recap of some of the afternoon presentations, including a mortgage comparison service that promises greater transparency, a new credit ...
2008-10-15 04:43:00 -
Another Street Where Credit Needs to Keep Flowing - Washington Post
While the federal government is making gigantic efforts to keep credit flowing to Wall Street , we'd better make sure we don't shut off access to mortgage money for those who live on Main Street. And to make sure that doesn't happen, it's important ...
2008-10-15 09:36:00 -
Nationwide refuses to pass on full rate cut - Financial Times
Nationwide on Wednesday announced it would not be following other leading mortgage lenders in passing on the full half-point cut in the Bank of England base rate to borrowers on its standard variable rate. Instead, the UK’s largest building society ...
2008-10-14 07:57:00 -
Fannie, Freddie Share Spotlight in Mortgage Mess - Wall Street Journal
Fannie Mae and Freddie Mac have become prime suspects in the political debate over who caused the mortgage meltdown. Last week, Sen. John McCain, the Republican presidential nominee, said the government-backed mortgage investors are "the match that ...
2008-10-15 08:10:00 -
Tracker mortgage rates increased - Channel 4 News
Two mortgage lenders have hiked their tracker rates as the cost of inter-bank borrowing again failed to reflect the recent cut in interest rates. Lloyds TSB said it was raising the cost of its mainstream trackers by between 0.3% and 0.5%, while ...
2008-10-15 07:20:00 -
Advertisement starts (Tiscali)
squeeze. The ECB also halved the premium banks pay for emergency lending in euros last week. The Bank had been due to announce plans for an overhaul of its money market operations in September, but delayed this because of the financial crisis.
2008-10-15 09:34:12 -
Feds investigate failure of Washington Mutual (INO News)
(AP:SEATTLE) Federal authorities said Wednesday they have opened an investigation into the failure of Washington Mutual Inc., the largest bank failure in U.S. history.
2008-10-15 09:37:51 -
Reality Check Last Presidential Debate (CBS News)
The CBS News Reality Check Team fact checks tonight's claims and barbs from the candidates
2008-10-15 09:41:20 -
Stocks or real estate? (Summit Daily News)
If we just had some extra cash, now would be a great time to get into the stock market, right?" Actually, if you have some extra cash, now is the best time in five or more years to ... buy a home.
2008-10-15 09:42:07 -
Family Party Statement on Economic Crisis (Scoop.co.nz)
The Family Party recognises that the current economic situation is too important for any individual party to shoulder, and requires a cross-party response. A decade of deficits and exorbitant state spending proves that Labour cannot be trusted to manage the economy in this difficult time.
2008-10-15 09:47:34 -
Bank to outline new discount window plan (Scotland Today)
LONDON (Reuters) - The Bank of England will on Thursday outline plans for reforms to its discount window for emergency overnight bank lending, which banks have avoided over the past year because of fears of negative publicity.
2008-10-15 09:51:32 -
Economic Slowdown Effecting Home Loans (News On 6 Tulsa)
The cold, hard truth is the days of "no money down" and "everyone-gets-a-home-loan" are over.
2008-10-15 09:53:42 -
CBS3.com Users React To Presidential Debate (CBS 3 Philadelphia)
We asked you to submit your reactions to the final presidential debate between Sen. Barack Obama and Sen. John McCain, here's how you responded
2008-10-15 09:55:26 -
McCain Calls Hillary Clinton For Economic Advice - Huffingtonpost.com
On Sept. 24, Hillary Rodham Clinton received a surprise phone call from the man she's often denounced as an economic know-nothing: John McCain. This was no social call, even though Clinton likes McCain enough to keeps his photo on the wall of her ...
2008-10-14 07:21:00