Mortgage and Financial News From 2009-2-13 Page 01
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Emaar's Old Town in Rent to Own scheme - AME Info
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to ...
2009-02-13 11:49:00 -
Depression-era advice finds favour again - Gulf News
The Obama administration's plan to limit the remuneration of employees of publicly supported financial institutions to $500,000 (Dh1.8 million) has the simplicity of genius. A limit on pay is an effective way to reinstate the Glass-Steagall Act's ...
2009-02-13 05:44:00 -
Beginner's guide to: Sale and rent-back schemes (Independent)
How do they work? The theory is that people who are struggling with mortgage payments can sell their properties, but continue to live in them by paying a predetermined low rent to the new owner.
2009-02-13 06:05:48 -
The Obama-Geithner Bear Market (Forbes)
This is not the kind of stimulus our economy needs to get back on its feet when our banks still struggle with solvency.
2009-02-13 06:13:53 -
High Court ruling (BBC News)
Northern Rock shareholders lose legal challenge
2009-02-13 09:01:51 -
2-14 Business briefs (The Edmond Sun)
anyone opening any new checking account today at First Fidelity Bank, 2825 N.W. 164th St. will receive 12 red roses and a box of Godiva chocolates.
2009-02-13 10:44:13 -
Don't buy a home just for the tax credit (The Charlotte Observer)
Q. My son is looking into purchasing a townhome from a builder who has filed for bankruptcy. The development has not sold many units and therefore is not warranted. The development is in a great location with lots of amenities and upgrades. My son would like to take advantage of first-time homebuyer incentives and the low real estate prices. Should he buy? It's unclear from your e-mail exactly ...
2009-02-13 11:15:42 -
There Goes Retirement (WallStreet Journal via Yahoo! Finance)
The advice in recent months -- from financial planners, economists and educators -- has been unvarying: Retirees whose nest eggs have cracked wide open should go out and find a job.
2009-02-13 11:28:16 -
Emaar's Old Town in Rent to Own scheme (AME Info)
Emaar has announced it is now offering to rent or purchase residences within The Old Town through Emaar's 'Rent to Own' or 'Plan to Own' schemes.
2009-02-14 12:00:53 -
Mortgage Fraud Topped $5 Billion in 2008, Says New Report - Nuwireinvestor.com
Mortgage fraud is being uncovered and reported at a faster pace, leading some to speculate if the higher numbers reported in 2008 reflect increasing farud, the efficiency of tighter guidelines, or a combination of both. For more on this, read the ...
2009-02-09 02:00:00 -
PowerRatings Weekly Outlook: AVA, BAP, CSGS, IBM, JNJ, CHK, RIMM, AAP (TradingMarkets.com via Yahoo! Finance)
After a mixed start this week, futures pointed toward a slightly positive opening on Friday. See our list of the most interesting Long Term PowerRated stocks profiled this week.
2009-02-13 03:36:00 -
HOUSING: 'Land grant' defendants also real estate agents (North County Times)
At least two defendants in the largest local case of alleged foreclosure fraud were also real estate agents who amassed some of the highest foreclosure rates in the region, according to a North County Times investigation.
2009-02-13 03:38:11 -
Girard Gibbs LLP Files Class Action Lawsuit Filed Against ING Groep N.V. (NYSE:ING) (Business Wire via Yahoo! Finance)
SAN FRANCISCO----The law firm of Girard Gibbs LLP has filed a class action lawsuit on behalf of purchasers of 6.375% ING Perpetual Hybrid Capital Securities and/or the 8.50% ING Perpetual Hybrid Securities of ING Groep N.V. .
2009-02-13 04:21:00 -
Blog: Spending the stimulus (NBC 10 Providence)
Read the latest entry in Bill Rappleye’s blog.
2009-02-13 05:33:58 -
True extent of mortgage fraud is only now coming to light (The Scotsman: Business)
THE true scale of the mortgage fraud committed during the housing market boom is only now becoming clear, according to fraud experts. However, the extent to which it has damag
2009-02-13 06:16:20