Mortgage and Financial News From 2008-11-28 Page 01
Previous Day: 2008-11-27
Return to the mortgage news archive home.
-
Business events scheduled for the coming month (AP via Yahoo! Finance)
Major business events and economic events scheduled for the coming month : MONDAY, Dec. 1 WASHINGTON -- Commerce Department releases construction spending for October, 10 a.m.; Institute for Supply Management manufacturing index for November, 10 a.m.; weekly Treasury briefing, auction.
2008-11-28 03:28:30 -
Court cases surge as Utahns cope with economic woes (The Salt Lake Tribune)
Historic trend » Lien and mortgage foreclosure filings are up. A bad economy historically means more business for the courts. "If you go back over the last 15-20 years, whenever there's a downturn ... you generally see an increase in civil filings," said state Courts Administrator Daniel Becker.
2008-11-28 04:13:56 -
LoanSmart To Provide Homebuyer Readiness Reviews (The Acorn)
When purchasing a home whether or not it is your first home or you are you are moving up, there are some basic steps that you can insure a successful financial decision. *Review your monthly income.
2008-11-28 04:22:04 -
Wealth Check: 'I want to protect my retirement nest-eggs from financial storms' (Independent)
Sean Worth, 53, lives in Welwyn Garden City, Hertfordshire, with his wife, Marilyn, and their 23-year old son. The couple have a comfortable standard of living and have been sensible in preparing for the future. However, Sean is keen to protect their nest eggs from the financial crisis. "I'm not sure how to invest before my retirement," he adds. "I don't know whether to continue to invest in ...
2008-11-28 06:03:03 -
Borrowers get gift of lower mortgage rates (Seattle Post-Intelligencer)
Mortgage rates plunged after the Federal Reserve announced that it would buy up to $500 billion of securitized home loans.
2008-11-28 07:47:51 -
Asian Stocks Have Second-Best Week in 2008 on Stimulus Spending (Bloomberg)
Nov. 29 (Bloomberg) -- Asian stocks had their second-best week this year after China slashed interest rates, spurring speculation government measures will pull the global economy out of recession and boost demand.
2008-11-28 08:04:20 -
Bleak Friday may help U.S. economy in long run (The Edmond Sun)
This is the time of year when children dream of toys, parents dream of smiles on their children’s faces and retailers dream of shoppers. Unfortunately for these retailers, the slumping economy has led many economists to forecast a weak holiday shopping season.
2008-11-28 09:44:38 -
(AFX UK Focus) 2008-11-29 04:18 PRESS DIGEST - British business - Nov 29 (Interactive Investor)
The Times
2008-11-28 10:46:10 -
Financing retirement and putting kids through school (The Globe and Mail)
Couple can achieve goals and not worry about the future, financial planner says
2008-11-28 11:44:01 -
Moody's sees slower Islamic banking growth (Zawya)
Dubai: Gulf-based Islamic banks, which have displayed resilience amid the current global financial turmoil, will see a slowdown in asset growth next year, ratings agency Moody's said in a report.
2008-11-28 11:49:45 -
Sources: government working Citigroup rescue plan - WTOP Radio
WASHINGTON (AP) - The government was weighing a plan on Sunday to rescue Citigroup Inc. , whose stock has been hammered on worries about its financial health. The Treasury Department and the Federal Reserve have been in discussions over the weekend ...
2008-11-22 05:56:00 -
Exclusive: Final legal bid to save HBOS - Scotsman
A GROUP of prominent businessmen have lodged a last-minute legal challenge that could derail the controversial Lloyds TSB takeover bid for HBOS, The Scotsman can reveal. It is seen as the final effort to stop a deal that will put 40,000 jobs at risk ...
2008-11-28 05:56:00 -
Obama Eyes $500 Billion in Stimulus; Paulson Weighs Ramping Up Aid ... - Wall Street Journal
Aides to President-elect Barack Obama and President George W. Bush are rushing to craft measures to shore up financial markets and prevent a policy vacuum from further harming the economy during the transition of power between the two men. Mr. Obama ...
2008-11-24 12:25:00 -
Ask Bob - Seniors need to be aware of scams (The Herald-Mail)
Q: My mom is living alone. She is hale and hearty, but I really worry about her falling victim to senior citizen fraud. How can she protect herself?
2008-11-27 07:06:27 -
Some 'red flags' for a reverse mortgage (The Log Cabin Democrat)
If we lived in a perfect world, we would not have to worry about unscrupulous people who try to take advantage of us. Unfortunately we live in a world that is far from perfect and there are dangers and pitfalls lurking on every hand, where someone or some company is all too happy to relieve us of our hard-earned money. A good example is something that has come to be known as a reverse mortgage. ...
2008-11-28 10:20:09