Mortgage and Financial News From 2008-11-22 Page 01

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  • Flipping out over a payment - 7 Days UAE

    I recently purchased an off-plan apartment that is due for completion in 2011. I paid the ten per cent deposit but now I can’t afford the second instalment. The developer has extended my payment period - with interest - but the bank has reduced the ...
    2008-11-22 01:53:00
  • Secret diary of an agent - Guardian Unlimited

    First, I'd like to get the confession out of the way. I'm an estate agent. As the rain lashes against the office window and the phones remain mute I can almost feel the waves of antipathy rolling my way, but as the office might be on the market ...
    2008-11-22 06:04:00
  • Find a top Christmas card - Scotsman.com

    WE ALL go gooey-eyed when we hear "I'm dreaming of a white Christmas", but a red Christmas is one which keeps us awake at night. Banks have rubbed salt in the wound of high mortgage and utility bills by pushing up the cost of credit cards in the r un ...
    2008-11-22 05:56:00
  • Homeowners seek loan modifications - Riverside Press Enterprise

    Homeowners facing foreclosure might take heart in the avalanche of plans introduced in the last year to make failing mortgages affordable. But homeowner advocates say while some financial institutions recently have adopted more aggressive mortgage ...
    2008-11-21 05:58:00
  • Obama Treasury choice could calm markets (Post-Bulletin)

      WASHINGTON -- Why aren't the government bailouts working? The presidential transition may be adding to the uncertainty roiling the financial markets.
    2008-11-22 05:11:30
  • If Crazy Eddie Were Turned Loose in Greenwich: These House Prices Are Insane! (New York Times)

    Real estate agents say it is becoming increasingly common for large houses in Greenwich, Conn., to sell for 30 percent off the initial asking price.
    2008-11-22 05:50:52
  • San Lorenzo Navy vet battles foreclosure of childhood home (The Daily Review)

    n Pair taking Wachovia to court over threat of foreclosure
    2008-11-22 06:11:00
  • Fierce fight for deposits pushing up CD rates (Austin American-Statesman)

    If there's one place consumers have the upper hand these days, it's as depositors — especially if they're willing to stash their cash with money losers.
    2008-11-22 06:11:57
  • Wealth check: The future can wait - get back into the black (Independent)

    The patient Jane Israel, 33, recently changed jobs, leaving her with a pension dilemma. While she was working as a self-employed driving instructor, she set up a stakeholder personal pension. However, since starting as a road safety officer for Suffolk County Council this summer, she has had access to a final salary pension scheme.
    2008-11-22 06:27:49
  • Spend now..but pay later (News Of The World)

    PM Gordon Brown today promises immediate help for every family in credit-crunch Britain on the eve of his ‘spend now pay later’ giveaway.
    2008-11-22 07:57:00
  • We Found the W.M.D. (New York Times)

    The national economy is in a real code red and addressing this issue can?t be put off for two months.
    2008-11-22 08:41:25
  • Box your way out of trouble (News Of The World)

    IT’S like standing between two boxers and being CLOBBERED from both sides. In the blue corner lurks that old bruiser Impending Recession —where people urgently need to pay off debt or cut its cost.
    2008-11-22 08:41:50
  • Help for troubled homeowners (The Charlotte Observer)

    (Martha Catt) Tomorrow, the Charlotte City Council will hear about an initiative spearheaded by the Neighborhood Development Department to target 11 neighborhoods with a high concentration of mortgage delinquencies. The global financial crisis already has snatched a corporate headquarters from Charlotte, and now some of its newest neighborhoods are teetering under the weight of subprime ...
    2008-11-22 09:00:22
  • Growing Up In Fort Asper - Calgary Herald

    Izzy Asper lived nearly as complicated a life at home as he did at his workaholic office. In both locations he was the main man, the king of his castle, the big enchilada. But at home he didn't rule the roost. This was the domain of Izzy's wife of 47 ...
    2008-11-16 04:28:00
  • The heart of our woes - AZCentral.com

    Home prices are plummeting. Especially in Arizona. Houses in the Phoenix metro area have been selling for 28 percent less than a year ago. Foreclosures are skyrocketing. Especially in Arizona. In October, we had the second-highest rate in the country ...
    2008-11-22 07:29:00