Mortgage and Financial News From 2008-11-3 Page 01
Previous Day: 2008-11-02
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Ex-Lutz homeowner hits back at lender - St. Petersburg Times
Dean Rivett sold his home in a short sale in September. Like millions of others across the country, the 36-year-old private investigator was a casualty of the subprime mortgage crisis. He couldn't make the $3,300 monthly mortgage payments after he ...
2008-11-02 08:26:00 -
Loan modification group mediates between borrowers, lending companies - Coeur d'Alene Press
COEUR d’ALENE — It’s no secret that there are plenty of people struggling to make their mortgage payment right now. Many are behind on their payments, and can’t refinance because their mortgage balance is more than their home is worth. Or ...
2008-11-03 12:28:00 -
American Tower Corporation Reports Third Quarter 2008 Financial Results (Business Wire via Yahoo! Finance)
BOSTON----American Tower Corporation today reported financial results for the third quarter ended September 30, 2008.
2008-11-03 04:59:00 -
VA increase of loan limits may provide new refinancing options (San Diego Daily Transcript via Yahoo! News)
The Department of Veterans Affairs will allow up to 100 percent refinancing on the appraised value of a home and extend heightened loan limits on VA loans through 2012.
2008-11-03 08:43:49 -
A look at economic developments around the world - Forbes
BRUSSELS, Belgium - The European Commission forecast that the economy in the 15 countries that use the euro may already be in a recession and will barely grow next year, expanding just 0.1 percent. The currency zone's largest economies will come to a ...
2008-11-03 05:07:00 -
Britain's Brown urges economic leadership from new US president; calls ... - Chicago Tribune
ABU DHABI, United Arab Emirates (AP) — British Prime Minister Gordon Brown on Monday called on the new U.S. president to show further leadership on the global economy and not retreat into protectionism. Speaking at an international oil conference ...
2008-11-03 04:10:00 -
Prospect of sharply lower growth undermines Tesco - Times Online
Shares in Tesco came under pressure yesterday after analysts at Société Générale said that the supermarket giant had lost its safe-haven status. The broker said that the supermarket group faced a weakening UK grocery market, with the ebb tide of ...
2008-11-03 07:09:00 -
Banks bailout fails to boost Labour ratings - The Independent
Gordon Brown's rescue package for the banks has failed to boost Labour's standing with the voters, according to the latest "poll of polls" for The Independent. Although Mr Brown enjoyed a bounce after Labour's annual conference at the end of ...
2008-11-03 05:57:00 -
EU Ministers Rule Out Joint Stimulus, Back `Coordinated' Action - Bloomberg
Nov. 4 (Bloomberg) -- European finance ministers ruled out a joint stimulus package to revive the region's economy and vowed instead to coordinate national policies as they try to limit the fallout from a recession on consumers and companies. ``We do ...
2008-11-03 05:15:00 -
Fed: Banks tighten loan standards - CNN Money
WASHINGTON (AP) -- Banks tightened the spigots further on all sorts of lending, from home mortgages to credit cards and business loans, as the worst financial crisis in seven decades took a bigger toll on the economy. The Federal Reserve said Monday ...
2008-11-03 04:10:00 -
Reserve Bank to cut interest rates as house prices crash - News.com.au
THE biggest fall in house prices in 30 years and manufacturing output dropping to recession levels will leave the Reserve Bank board with no alternative but to cut interest rates again today. The Reserve Bank is expected to continue the global move ...
2008-11-03 04:17:00 -
Reserve Bank tipped to cut interest rates by 0.5pc today - News.com.au
Headed down ... experts predict the Reserve Bank will cut 0.5 per cent from official interest rates today. RBA tipped to cut rates today Predicted to come down 0.5pc Another cut possible before Christmas HOMEOWNERS are in for a boost today when the ...
2008-11-03 05:07:00 -
HSBC will not pass on Bank's rate cut - Times Online
Homeowners' hopes of relief from the financial crisis were dashed last night as Britain's biggest bank cautioned that it was unlikely to give them the full benefit of this week's expected cut in interest rates, and another bank prepared to put up its ...
2008-11-03 04:53:00 -
UPDATE 2-India vows to take all steps to protect growth - Forbes
MUMBAI/NEW DELHI, Nov 3 (Reuters) - India vowed to do all it could to protect economic growth in the face of a more severe global financial crisis than anticipated, and its markets rebounded after a sudden cut in policy rates at the weekend. Shares ...
2008-11-03 07:42:00 -
Oak Ridge Financial Services Announces a 25% Increase in Net Income and a 24% Increase in EPS; Solid Asset Quality and ... (wallstreet:online AG)
Oak Ridge Financial Services, Inc. (NASDAQ CM: BKOR), the holding company for Bank of Oak Ridge, today
2008-11-03 06:31:35