Mortgage and Financial News From 2008-12-7 Page 01
Previous Day: 2008-12-06
Return to the mortgage news archive home.
-
Mortgage Insurers See Defaults Rise Again In October - CNN Money
Insured mortgage defaults rose again in October, but the number of loans brought up to date also increased, according to a report by Mortgage Insurance Companies of America. The association of the largest mortgage insurers said Monday that 80,071 ...
2008-12-01 10:08:00 -
Regulators shut down Ga. bank, 23rd this year - Courier-Post
The Federal Deposit Insurance Corp. was appointed receiver of the bank, located in Jackson, Ga. It had $237.5 million in assets and $197.4 million in deposits as of Nov. 7. The FDIC said all the failed bank's deposits will be assumed by United Bank ...
2008-12-07 06:19:00 -
Revenue Department: Tax cuts this year are sufficient (Bangkok Post - Thailand's English news)
Tax cuts implemented over the past year have cost the government an estimated 42 billion baht in revenues to date, according to the Revenue Department.
2008-12-07 01:59:38 -
Business : Insurance — A need in life! (Khaleej Times)
Insurance — A need in life! Mr KT, I don’t have a financial Adviser... I am married (34-year old) now with a child who is 2yrs old and I am being told I need to consider Life Insurance, how does it work and how do I know how much life insurance I really need??
2008-12-07 02:06:11 -
Alder wins race for assessor (Eastern Arizona Courier)
Darlene Alder won the Nov. 4 race for Graham County assessor, defeating Jacque Attaway, who was seeking a fifth term.
2008-12-07 03:14:57 -
Privatise ACC (Scoop.co.nz)
"It should be obvious to even the least observant New Zealander that the government – regardless of which party is running it – is capable only of making a hash of what should be a simple market product - take for example ACC," fumes Libertarianz spokesman Russell Watkins.
2008-12-07 04:03:07 -
Spillovers from the financial meltdown (The Star)
THE US financial crisis has pushed American policymakers to the wall, forcing them to devise rescue plans that run against the grain of free-market principles.
2008-12-07 05:44:39 -
Leo W. Gerard: Save the Jeep; Save the Nation (HuffingtonPost)
Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy manufacturing.
2008-12-07 06:07:14 -
P/C rates may begin to firm in ‘09 (Business Insurance)
Commercial property/casualty insurers, reeling from the double whammy of investment and catastrophe losses in the midst of a soft market, may begin to firm up overall rates next year, some observers say.
2008-12-07 08:09:23 -
Long Island community banks beat the bust (Newsday)
In the midst of the worst financial crisis to hit the United States since the Great Depression, some of Long Island's public banks are either feeling pretty boastful these days or taking their lumps.
2008-12-07 08:24:29 -
Low-profile mortgage lender trying to survive meltdown it helped ... - Minnesota Public Radio
2008-11-27 05:58:00 -
RBS Gives Home Owners A Break - Forbes
The bank has extended the amount of time that mortgage holders in arrears must pay up, putting other lenders under pressure to do the same. The relationship between lenders and borrowers in the U.K. is taking a new turn. Just days after the British ...
2008-12-01 07:37:00 -
We are stuck on a 9.7% mortgage rate - This is Money
Not long ago banks offered reasonably priced mortgages to almost everyone, even those borrowers whose credit records were imperfect. Not any more. The stubborn refusal of lenders to turn on the mortgage tap means hundreds of thousands of borrowers ...
2008-11-29 05:55:00 -
Mortgage lenders told to be fair to at-risk borrowers - MyFinances.co.uk
Mortgage lenders have been told to get their house in order over how they deal with borrowers falling into arrears by the end of January. The warning from the Financial Services Authority (FSA) comes as levels of repossessions and arrears are ...
2008-11-27 05:58:00 -
Government welcomes HSBC mortgage pledge - Guardian Unlimited
HSBC will give the mortgage market a boost today with a promise to increase the amount it lends next year. The move is being welcomed by government ministers who have been trying to encourage banks and building societies to resume lending in the hope ...
2008-12-07 06:50:00