Mortgage and Financial News From 2008-12-26 Page 01
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Himes lends an ear to mortgage woes - Connecticut Post
BRIDGEPORT -- When Yvonne Clarke signed the mortgage closing papers on her first home in 2004, it should have been one of the best moments of her life. Instead, it was the beginning of a series of events that pushed Clarke to the brink shared by ...
2008-12-22 05:57:00 -
NY gov. asks for less gossip on Senate appointment - News-Democrat
NEW YORK -- Gov. David Paterson says people should refrain from gossiping about who he will appoint to represent New York in the U.S. Senate. Anticipation has swirled around the selection ever since Caroline Kennedy decided to seek appointment to the ...
2008-12-26 04:59:00 -
State pushing tough law to combat mortgage fraud (Miami Herald)
After months of stinging criticism for letting crooks and con artists prey on Florida borrowers, regulators have proposed sweeping changes in state law that would make Florida one of the most tightly regulated mortgage markets in the country.
2008-12-26 10:50:46 -
Local real estate agents see healthy signs in home sale numbers (YourWestValley.com)
The Valley's struggling real estate market may be on the eve of finally bottoming out, according to a new forecast by real estate brokerage Grubb & Ellis/BRE Land Group.
2008-12-26 10:56:10 -
On Investing: Making the move from pessimism to confidence ... (Shenandoah Valley News Today)
The current volatility in the markets has made even the most seasoned investor skeptical about investing.
2008-12-26 03:29:45 -
Lawsuits Claim Leibovitz Owes $778K For Photo Services (PDNonline)
These days, lots of people are having money trouble. But Annie Leibovitz? The renowned photographer is the subject of two lawsuits over unpaid bills totaling more than $778,000 for photography-related services.
2008-12-26 05:33:13 -
Lower Mortgage Rates Cause Increase In Refinancing (KFOX 14 El Paso)
Thirty-year fixed rate mortgages are creating a sudden boom in refinancing.
2008-12-26 07:09:56 -
Bailed-out banks charge new buyers £50 a month extra (Daily Mail: World News)
Banks in which the Government owns a stake are charging first-time home buyers nearly £50 a month more for average mortgages than other lenders.
2008-12-26 07:21:28 -
Is 2009 the time to buy a home? (San Bernardino Sun)
Interest rates are the lowest on record, making it cheaper than ever to get a 30-year-fixed mortgage.
2008-12-26 08:14:22 -
2008 could nail its spot as worst year for Wall Street (The Economic Times)
As the US stock market heads into the last week of the year, what was inconceivable just 12 months ago is now a stark possibility: 2008 could be the worst year ever for Wall Street.
2008-12-26 08:17:44 -
Need to know: 2008 - Times Online
The economy : The UK economy is widely expected to have plunged into recession in the second half of the year as the financial crisis has tightened its grip. GDP stalled in the second quarter and plunged 0.6 per cent between July and September ...
2008-12-26 07:25:00 -
KBW Announces Changes to KBW Regional Banking Index (KRX), KBW Bank ... - Earthtimes
NEW YORK - (Business Wire) Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announced upcoming changes to the KBW Bank Index ...
2008-12-26 10:57:00 -
The grimmest of years - Belfast Telegraph
After 16 years of uninterrupted growth, as ministers had constantly reminded the nation, the UK's economy shuddered to a halt in the second quarter of 2008, shrank in the third quarter and, it is widely thought, fell back still further in the last ...
2008-12-26 07:25:00 -
Santa gunman was in bitter divorce, lost job (Las Vegas Sun)
Fri, Dec 26, 2008 (5:21 p.m.)
2008-12-26 07:42:35 -
Can the Auto Industry Retool Itself To Build Rails? (Slashdot)
knapper_tech writes "The scope of the auto industry troubles continues to increase in magnitude. The call to retool and develop new vehicles has been made several times already, but with all of the challenges from labor prices and foreign competition, how exactly can the industry retool itself to be more competitive? In light of superior competition facing losses, there doesn't seem to be enough ...
2008-12-26 07:47:13