Mortgage and Financial News From 2008-12-8 Page 01
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Report: Pa. students paying some of highest loan bills - U-Wire.com
Along with ever-increasing tuition bills, Pennsylvania students are paying some of the nation's highest loan bills, according to a report released late last month. And experts say the recent economic downturn and a crunch in lending has "exacerbated ...
2008-12-02 12:22:00 -
S.D. mortgage delinquency rate second lowest in nation - Argus Leader
South Dakota’s mortgage delinquency rate was the second lowest in the nation in the third quarter of 2008, according to credit reporting agency TransUnion LLC. The percentage of people two months behind on their mortgages was 1.6 percent in this ...
2008-12-02 11:18:00 -
Iowa briefs - Dubuque Telegraph Herald
AMES -- Investigators aren't releasing many details about a weekend double homicide, but police say the victims may have been slain by an edged weapon. Police are still seeking 33-year-old Atiba Spellman, identified as a person-of-interest on ...
2008-12-08 03:43:00 -
H&R Block loss narrows after quitting mortgages - MSN MoneyCentral
NEW YORK (Reuters) - H&R Block Inc , the largest U.S. tax preparer, on Monday posted a smaller second quarter loss, after shedding its money-losing mortgage operations to focus on its tax business. The net loss narrowed to $135.9 million, or 41 cents ...
2008-12-08 04:12:00 -
Colorado to lose thousands of jobs - Summit Daily News
Job seekers, take note. You might have more company soon. University of Colorado economists expect the state unemployment rate to rise to 6.5 percent next year as the state joins the rest of the U.S. in a recession. The rate was 5.7 percent in ...
2008-12-08 05:52:00 -
Barney Frank: No Foreclosure Aid, No Bailout Funds - Street.Com
Meanwhile, Wall Street extended its rally for a second straight day despite news of more layoffs by a trio of large U.S. employers as investors were optimistic that Obama's plan to ramp up infrastructure spending could help boost the crippled economy ...
2008-12-08 02:39:00 -
Tax preparer H&R Block reports smaller second-quarter loss (MSN Money Canada)
KANSAS CITY, Mo. - H&R Block Inc. said Monday its second-quarter loss shrank as improvement in its offseason tax service was offset by losses in its banking division.
2008-12-08 07:29:45 -
Australia Stocks: Commonwealth Bank, BHP, Pacific Brands, Sino (Bloomberg)
Dec. 9 (Bloomberg) -- The S&P/ASX 200 Index fell 28.40 points, or 0.8 percent, to 3,603.20 as of 12:07 p.m. in Sydney, after climbing earlier as much as 0.7 percent.
2008-12-08 07:40:40 -
Airing the Depth of Troubles at Fannie Mae (New York Times)
A number of analysts fear that Fannie Mae?s vast holdings of risky home mortgages are deteriorating rapidly along with the housing market.
2008-12-08 07:57:22 -
China opens top economic work meeting with focus on stable growth (People's Daily)
&$ &$Highlights&$ &$ ▲China's annual Central Economic Work Conference opened in Beijing Monday. ▲Observers believed the event would give priority to efforts to maintain stable growth. ▲They reckoned in 2009, China would see more risks for worse economic slowdown. China's annual Central Economic Work Conference opened in Beijing Monday to set tone for the economic development next year. Observers ...
2008-12-08 08:30:18 -
H&R Block Reports Quarterly Loss Despite Better Sales (New York Times)
H&R Block said that its fiscal second-quarter loss had shrunk as better sales for its off-season tax service were offset by losses in its banking division.
2008-12-08 10:27:22 -
Homeowner aid unlikely soon (The Press-Enterprise)
FORECLOSURES: A key congressman says more help for homeowners will have to wait until Obama takes office.
2008-12-08 10:29:49 -
How and why mortgage fraud is growing - Philiy.com
With the number of home loans shrinking because of the subprime meltdown and resulting tight credit, logic says mortgage fraud would be declining. But a report this week by the Mortgage Asset Research Institute, of Reston, Va., showed fraud rose 65 ...
2008-12-03 04:53:00 -
ProSchools Helps Colorado Mortgage Brokers Beat State Exam and ... - PR Inside
2008-12-04 06:06:03 - Colorado mortgage brokers have until January 1, 2009 to meet the new Colorado mortgage broker education and pass the two-part state exam. ProSchools, a national provider of real estate and mortgage education, offers the required ...
2008-12-03 11:06:00 -
'HSBC mortgage boast won't help firsttime buyers' (Daily Telegraph)
HSBC appears to have provided a boost to home owners with its announcement that it is to increase its mortgage lending by a fifth next year - but it is still a small player in the mortgage market.
2008-12-08 10:11:39