Mortgage and Financial News From 2009-2-25 Page 01

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  • FEATURE - U.S. banking crisis threatens small businesses - Reuters India

    ATLANTA (Reuters) - A crisis in the U.S. bank sector has hit small businesses hard, drying up credit and throwing many long-standing banking relationships into doubt. Several small business owners said in interviews they were forced to make severe ...
    2009-02-25 09:47:00

  • Crystal River to Host Fourth Quarter and Full Year 2008 - MSN MoneyCentral

    Crystal River Capital, Inc. (OTCBB: CYRV) (the "Company" or "Crystal River") announced today that its management will host a dial-in teleconference to review its fourth quarter and full year 2008 financial results Thursday, February 26, 2009 at 4:30 ...
    2009-02-25 08:29:00

  • Price of Tampa Bay area homes tumbles further - St. Petersburg Times

    Story Tools Tampa Bay area home prices took one of the largest one-month tumbles in history, falling 16 percent from December to January in a flurry of foreclosure sales. A typical home sold for $122,400 last month, a return to prices not seen since ...
    2009-02-25 09:47:00

  • Today’s Business: Mortgage relief for the irresponsible? Terra ... - Sioux City Journal

    President Barack Obama’s first address to a joint session of Congress last night fell short of calming the financial markets as stocks tumbled in early trading today. Obama said the United States would emerge stronger from the financial crisis but ...
    2009-02-25 12:22:00

  • Average debts soar to £17,000 among borrowers who turn to Citizens ... - Times Online

    Debts amassed by borrowers seeking help to deal with their finances have soared by two thirds since 2001, figures to be published today show. In a sign of the deepening debt crisis gripping the country, Citizens Advice (CAB) said that the average ...
    2009-02-25 08:29:00

  • ANZ Faces Headwinds In New Zealand - guide2.co.nz

    ANZ Faces Headwinds In New Zealandguide2.co.nz, New ZealandBut repricing of the loan book is offsetting that. "Margins year-to-date, excluding markets, are up six basis points. It wasn't that long ago that we were losing 10 basis points a year," ANZ chief financial officer Peter Marriott said. ...
    2009-02-25 09:21:09

  • My day in court against the DoD: Everyone was wearing black suits ... - OpEdNews

    My day in court against the DoD: Everyone was wearing black suits ...OpEdNews, PAApparently this hearing is for a class-action suit involving home mortgage loans, and the plaintiffs want the bank to give them information on how to get in touch with possible further plaintiffs. In a few minutes, I too am going to be up there ...
    2009-02-25 06:17:58

  • Why the Women of Wall Street Are Disappearing - Forbes

    Why the Women of Wall Street Are DisappearingForbes, NYWhen her boss was laid off last summer, Amy Bartoletti, 38, says she was asked to run a Citi group that securitizes home loans through state authorities. But one of her peers in New York complained, she says, and the bank wound up making him a cohead ...
    2009-02-25 06:44:08

  • Home foreclosures build, sales fall - Daily Astorian

    Home foreclosures build, sales fallDaily Astorian,  USASome buyers who have seen their credit scores drop as credit card companies slash spending limits face extremely cautious mortgage lenders with strict loan criteria. Bowe said he's already seeing the light at the end of the tunnel in the local housing ...
    2009-02-25 07:14:48

  • Minority Meltdown - Intelligence Report

    Minority MeltdownIntelligence Report, ALThe fact is that banks can make mortgage loans to immigrants who do not have a Social Security number if they have been issued something called an Individual Tax Identification Number. "In general, the borrower must have a history of paying income ...
    2009-02-25 09:55:36

  • Return of the Sovereigns - Intelligence Report

    Return of the SovereignsIntelligence Report, ALThe economic forces that fueled a surge in the sovereign citizens movement in the 1980s — a recession, a spike in interest rates and farm foreclosures — are finding echoes in the current sagging economy and mortgage crisis. ...
    2009-02-25 09:56:33

  • Geithner On The Banking System - NPR

    Geithner On The Banking SystemNPR... 40 percent of the loans in a typical period come from the securitization markets and student lending, small-business lending, automobile financing, commercial real estate financing –- large parts of the mortgage market depend on those markets. ...
    2009-02-25 10:03:42

  • A funny sort of depression - San Francisco Chronicle

    A funny sort of depressionSan Francisco Chronicle,  USAEuropean banks have lost trillions of euros in bad loans to Eastern Europe and Asia. China's export industries may have to lay off millions of workers. Given all that news, we are in a funny sort of depression. Our spiraling national deficit is being ...
    2009-02-25 10:10:50

  • Bailouts need to help everyone on board - San Francisco Chronicle

    Bailouts need to help everyone on boardSan Francisco Chronicle,  USAThanks to predatory - and discriminatory - lending practices, African American homeowners who received mortgage loans had more than a 30 percent greater likelihood of being issued a higher rate subprime loan than white borrowers with the same ...
    2009-02-25 10:10:50

  • Market Rates Insight Celebrates 24 Years of Trusted Service ... - TMCnet

    Market Rates Insight Celebrates 24 Years of Trusted Service ...TMCnetMRI uses deposit surveys, mortgage and consumer loan surveys, fee and feature studies, scanned ads, new product alerts, and market share and money fund reports to give subscribers the intelligence they need to profitably react to emerging trends. ...
    2009-02-25 10:41:56

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