Mortgage and Financial News From 2009-2-11 Page 01
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Mortgages & homes - Mortgage features - This is Money
Any would-be buyer with a tiny deposit is stuck, as are homeowners who want to remortgage but have seen their equity fall away. The self-employed and those who have missed repayments will also find it nigh-on impossible to get a deal in the current ...
2009-02-11 08:35:00 -
Can We Trust Statistics? (Portfolio.com via Yahoo! Finance)
The Numbers Game, which was something of a surprise bestseller in England, has finally made it stateside. It's probably the clearest book I've yet seen on all the different ways in which numbers can lie or mislead, and as such it can be a bit depressing.
2009-02-10 09:24:29 -
Meta Financial Group, Inc.(R) Reports Results for First Quarter - MSN MoneyCentral
- Revenue reached a record high of $24.3 million for the quarter rising 62% compared to 2008 - Quarterly net income was $0.7 million compared to a net loss of $0.7 million in the prior year - Meta Payment Systems fiscal first quarter 2009 fee revenue ...
2009-02-11 04:49:00 -
Obama team has rocky start in bank bailout revamp - AP - Guardian Unlimited
Associated Press Writers= WASHINGTON (AP) â That bomb of a bailout intro could make things tougher later on for the administration. President Barack Obama and his top financial officials will be picking up the pieces and filling in the blanks in ...
2009-02-11 05:46:00 -
Scandal stalks Ireland's beefed-up bank bailout - Reuters UK
DUBLIN (Reuters) - The Irish government beefed up its bank bailout package as expected on Wednesday with more capital pledges but efforts to restore credibility to the sector and the wider economy were shattered by yet another scandal. Finance ...
2009-02-11 08:38:00 -
Obama team has rocky start in bank bailout revamp - The Washington Times
His detractors counter that the Obama team has been working on economic recovery issues since early in the presidential transition, and that Geithner himself had helped draft the original bailout plan last fall as president of the New York Federal ...
2009-02-11 05:53:00 -
Lloyds faces new loans allegations as MPs confront banks on alleged ... - Guardian Unlimited
MPs yesterday confronted banking chiefs from Lloyds and Barclays with Guardian disclosures that they are alleged to practise massive tax avoidance schemes. At the Treasury select committee hearing, Lloyds chief executive Eric Daniels was challenged ...
2009-02-11 07:26:00 -
Fannie to Expand Mortgage Rules for Realty Investors (Update3) - Bloomberg
Feb. 11 (Bloomberg) -- Fannie Mae , the mortgage-finance company under U.S. government control, will no longer bar real- estate investors from qualifying for its loans if they already own four properties as it seeks to spur housing demand. The ...
2009-02-11 04:56:00 -
MBA: Refi Decline Contributes to App Volume Drop - Structured Finance News
The Market Composite Index, an overall measure of mortgage applications, decreased 24.5% on a seasonally adjusted basis to 600.6 from 795.4, as there was a significant drop-off in refinancing applications during the week ended Jan. 30, according to ...
2009-02-11 03:59:00 -
Business News In Brief (San Jose Mercury News)
local4 GMC Pontiac Buick dealerships closeFour GMC Pontiac Buick dealerships — in San Jose, Dublin, Newark and Colma — have abruptly closed their doors, as a fresh wave of shutdowns and consolidations roils the ranks of Bay Area auto dealers in the new year.
2009-02-11 08:48:40 -
Foreclosure auction unsuccessful (The Herald-Mail)
HAGERSTOWN Out of 14 foreclosed-upon homes up for their requisite auction on the steps of the Washington County Courthouse, not one received a single bid, and those present said it was pretty clear why.
2009-02-11 08:52:36 -
DOJ, nagpalabas ng hold departure order para sa 12 opisyal ng Legacy Group (RMN)
Inilagay na sa Hold Departure Order ng Department of Justice ang 12 opisyal ng nabangkaroteng Legacy Group. Mahigpit na ipinag-utos ng DOJ sa Bureau of Immigration na huwag hayaang makalabas...
2009-02-11 09:08:03 -
Prosecutors say trio’s scheme led to $18M in fraudulent loans (The Washington DC Examiner)
Federal prosecutors in Maryland now say a massive Washington area mortgage scheme caused banks to issue $18 million in fraudulent loans, according to an indictment unveiled Tuesday accusing the scheme’s third leader and bank employee for their roles.
2009-02-11 09:23:27 -
The Colour of Money: Banks roll out welcome (National Post)
Baskar Rao and his wife, Shisma, have lived in Canada for all of two weeks. Their visa applications had almost been forgotten -- they applied six years ago from their home in Bangalore, India -- but when the opportunity came, the couple knew it was now or never
2009-02-11 09:40:13 -
Senators Press Geithner for More Details on Bailout (Washington Post)
As senior senators demanded more details yesterday about how the government's new financial rescue package will work, Treasury Secretary Timothy F. Geithner told them that the time he is taking to work out the specifics will make for a better plan and prevent missteps.
2009-02-11 09:44:53