Mortgage and Financial News From 2009-2-20 Page 01

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  • 15 Hot Jobs in a (Gulp!) Depression - US News and World Report

    Most economists do not expect the U.S. economy will go through a depression related to the credit-crisis-mortgage-meltdown-bailout bonanza. Most Americans, however, do. A recent CNN poll finds that nearly 60 percent of Americans believe we're very ...
    2009-02-20 10:58:00
  • Heart of stone - Arkansas Times

    Rep. John Boozman, R-Slough of Despond , doesn't like our commentary so he won't talk to us. The words he issues elsewhere say enough about this politically tone-deaf spear-carrier for the Silver Spoon Club. Get a load of his Tweet on Twitter. For ...
    2009-02-20 05:28:00
  • How To Take Advantage of Obama's Mortgage Plan - CBS 2 Chicago

    This week, President Obama unveiled his plan to help families avoid losing their homes. And, if you're at risk, you may qualify for help under the president's plan. CBS 2's Dorothy Tucker explains there are several things you need to do to get ready ...
    2009-02-20 05:00:00
  • Brokers' call - Malaysia Star

    Brokers' callMalaysia Star, MalaysiaBased on this figure and our expectations of the US dollar and yen to ringgit exchange rates, we now forecast TNB to record translation losses of RM1.63bil for FY09. Recommendation: The lower profit forecast leads to a drop in fair value to RM8.40 from ...
    2009-02-20 06:06:49
  • How stimulus plan creates nation of squatters - Hillsboro Times Gazette

    How stimulus plan creates nation of squattersHillsboro Times Gazette, OHObama also wants to force lenders to lower home mortgage interest rates to something in the neighborhood of 4 percent. As carrots, his plan would allow lenders to receive subsidies for cutting monthly mortgage payments to 31 percent of a borrower's ...
    2009-02-20 06:20:13
  • Taking the Name of Lord Keynes in Vain - AMERICAN.COM

    Taking the Name of Lord Keynes in VainAMERICAN.COM, DCThe eminent economist John Maynard Keynes is having a moment these days, as policymakers and pundits search for answers to the current economic problems. The Wall Street Journal recently dubbed Keynes “The New Old Big Thing in Economics. ...
    2009-02-20 07:02:34
  • Study: Vt. housing seen more affordable - Rutland Herald

    Study: Vt. housing seen more affordableRutland Herald, VTThe report said that a 1 percent drop in home prices last year, an increase in median family income to $68000 and mortgage rates that fell to 6 percent, combined to improve affordability. The report, however, drew criticism from Doug Hoffer, ...
    2009-02-20 07:56:41
  • Many in metro Atlanta encouraged, but some fear that plan won’t ... - Atlanta Journal Constitution

    Many in metro Atlanta encouraged, but some fear that plan won’t ...Atlanta Journal Constitution,  USAAnother part of the plan earmarks $75 billion to modify mortgages to rescue up to 4 million homeowners who would otherwise face foreclosure due to falling incomes, rising mortgage rates or other challenges. Under the voluntary program, lenders and the ...
    2009-02-20 08:02:19
  • NBR Transcripts-February 20, 2009 - Nightly Business Report

    NBR Transcripts-February 20, 2009Nightly Business Report, FLVP, ADECCO: We have 1500 open positions all across the US today in the banking field and most of the positions are mortgage related. So it's all related back to that interest rates have lowered and people are looking at refinancing or maybe trying to ...
    2009-02-20 08:32:52
  • "Market Monitor"-Eric Takaha, Portfolio Manager at Franklin Templeton - Nightly Business Report

    "Market Monitor"-Eric Takaha, Portfolio Manager at Franklin TempletonNightly Business Report, FLKANGAS: What are the chances of appreciation of bonds with interest rates already practically zero in the Fed funds rate, for example? TAKAHA: The good news is, if you look at interest rates as you mentioned they're close to zero on the short side. ...
    2009-02-20 08:32:56
  • Refinance your Home Loan and Get Extra Cash - 마인드스포츠올림피아드

    Refinance your Home Loan and Get Extra Cash마인드스포츠올림피아드, South KoreaIf your current mortgage interest rate is variable you may want to refinance your home loan and obtain a fixed interest rate, this will give your monthly payments certainty so you don’t have to about sudden increases on your expenses. ...
    2009-02-20 09:01:35
  • The Stimulus and The Confidence Game - American Chronicle

    The Stimulus and The Confidence GameAmerican Chronicle, CABecause the unregulated credit industry is allowed to change the rules, their interest rates and conditions, and your indebtedness in the middle of the game, spending less does not mean owing less. In Detroit, the elderly freeze to death when their gas ...
    2009-02-20 09:01:37
  • Bank of America Works Out Countrywide Mortgages - BusinessWeek

    Bank of America Works Out Countrywide MortgagesBusinessWeekThat could trim hundreds of dollars a month from a mortgage bill and make it likelier the homeowner will keep paying. The plan also provides cash to lenders and servicers that modify troubled loans and to borrowers who stay current. ...
    2009-02-20 09:25:40
  • The Economy: Slip-Sliding Away - BusinessWeek

    The Economy: Slip-Sliding AwayBusinessWeekThe only good news is a recovery in existing home sales and a drop in inventories of unsold homes, perhaps an indication that bargain hunters are trying to take advantage of lower prices and near-record low mortgage rates. ...
    2009-02-20 09:54:22
  • Imperial Capital Bancorp, Inc. Reports Preliminary Quarterly and ... - PR Newswire (press release)

    Imperial Capital Bancorp, Inc. Reports Preliminary Quarterly and ...PR Newswire (press release), NYThe current volatility in real estate and mortgage-backed securities markets, the changing employment environment, pending financial legislation and regulatory actions could result in a change in these amounts between now and the date the audited ...
    2009-02-20 10:02:09