Mortgage and Financial News From 2009-1-17 Page 01
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Obama Would Spend Bailout Funds On Housing Crisis - Huffingtonpost.com
Compare 09:32 PM EST 09:27 PM EST 09:13 PM EST 09:07 PM EST 08:47 PM EST 05:07 PM EST 04:03 PM EST and 09:32 PM EST 09:27 PM EST 09:13 PM EST 09:07 PM EST 08:47 PM EST 05:07 PM EST 04:03 PM EST versions WASHINGTON — President-elect Barack Obama ...
2009-01-13 05:59:00 -
Devoted reader offers best of 2008 - South Coast Today
Rochester girl missing since late Wednesday New Bedford man assists in Hudson crash rescue Low mortgage rates create new opportunities New Bedford woman dies in Route 140 car accident Freetown teen aims for a pop career Bristol County sheriff's legal ...
2009-01-16 04:23:00 -
Financial Helpline - Smart Money
ANSWER : The place to start is with MetLife’s financial-strength ratings. Compare ratings from different credit ratings agencies to get as broad a picture as possible. MetLife lists its ratings on its web site here , but it’s a good idea to cross ...
2009-01-12 04:20:00 -
The new rules of financing - Philadelphia Daily News
In the past, homeowners seeking extra cash for a remodeling project, to defray the costs of college tuition or to pay off mounting debt could tap into their home’s equity with relative ease and secure a second mortgage or line of credit from ...
2009-01-12 05:53:00 -
BofA reports $2.39 billion loss; slashes dividend (The Charlotte Observer)
(By Rick Rothacker and Christina Rexrode, rrothacker@charlotteobserver.com) Bank of America Corp. this morning posted a fourth-quarter loss of $2.39 billion, or 48 cents per share, as it suffered rising loan losses, soured investments and trading losses. Citing weak economic conditions, the bank’s board slashed the quarterly dividend to 1 cent per share. The loss compared to a profit of $215 ...
2009-01-16 05:21:02 -
10 Top Mortgage Deals (The Motley Fool)
Credit crunch? What credit crunch? Here are five tempting variable rates and five fabulous fixed rate mortgage deals.
2009-01-16 09:57:44 -
Joe Mottola says you can get a mortgage (Long Island Business News)
Ever the optimist, Joe Mottola hasn't met a housing market he didn't like. Even this one. Mottola is chief executive of the 26,000-member Long Island Board of Realtors and its Multiple Listing Service subsidiary with 2,700 offices, serving Queens, Nassau and Suffolk counties. In more than 30 years with the board and MLS, Mottola is credited with [...]
2009-01-16 02:16:26 -
HOUSING: How the North County Times did its foreclosure analysis (North County Times)
An investigation by the North County Times has identified a small group of real estate brokers whose buyers ended up in foreclosure at an extraordinarily high rate ---- so far above the regional average that it was nearly impossible, statistically, that so many deals could eventually sour at random.
2009-01-17 09:20:02 -
Scotland is the birthplace of prudent savings. Let’s rekindle that ... - Sunday Herald
WHAT A shocking state we're in as a nation when those who were prudent with their own money are punished for the profligacy of others. But that's the way it is today. Yet Britain - and Scotland - desperately need savers. Those cautious souls who ...
2009-01-17 01:51:00 -
Make more lenders report - Buffalo News
There is one thing that the most aggressive government regulator and the most committed free-marketeer must agree upon: Without maximum transparency and easy access to relevant information, free markets don’t function and government is blind. That ...
2009-01-11 06:27:00 -
Economic meltdown teaching good lessons - Danbury News-Times
While banks, brokers, investors, corporations and politicians continue to reel, we the people finally have an opportunity to correct the cause of it all. By now most of us are in sync with the reality that we are in the beginning of unchartered ...
2009-01-17 02:55:00 -
Banking nightmare II: The Fear Returns - Times Online
Alistair Darling once confessed that he found the routine of being a minister wearing and that he yearned for the normality of home life in Edinburgh. He was first on the shuttle up to Scotland on Friday and found the Monday return to London “a ...
2009-01-17 04:57:00 -
Two more banks join long list of failed US lenders - Gulf News
Washington: Regulators on Friday shut down two small banks, National Bank of Commerce in Illinois and Bank of Clark County in Washington state. The Federal Deposit Insurance Corp (FDIC) was appointed receiver of the banks. They were the first two ...
2009-01-17 05:04:00 -
Getting rid of high interest rates first is key - Natchez Democrat
NATCHEZ — With the changing of the calendar year comes many resolutions. One of the most popular financial resolutions is to pay off or substantially reduce debt. Experts say that resolution is more popular than in years past because of the current ...
2009-01-10 09:37:00 -
US economic woes to worsen in mid-2009 - Gulf News
New York: The US economy will continue to contract through the first half of this year and then struggle to grow in the following six months, according to a survey by the American Bankers Association. "The economy is in the midst of a severe ...
2009-01-17 05:04:00