Mortgage and Financial News From 2009-3-24 Page 01

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  • A Dozen Deductions For Your Small Business - CNBC

    Small-business tax rule No. 1: Don't mess with the IRS. But that doesn't mean you should cheat yourself. Take every legal deduction you can. Here are a dozen that even savvy small-business owners and entrepreneurs sometimes forget: 1. Home office ...
    2009-03-24 11:31:00
  • Freddie Mac: The Government's Next Black Hole? - Time

    Freddie Mac's headquarters in McLean, Va. "Freddie's portfolio of [mortgage] insurance is more risky than the market was led to believe," says Paul Miller, an analyst at FBR Capital Markets. Sister company Fannie Mae lost even more last year, with ...
    2009-03-16 07:55:00
  • OFIR orders removal of mortgage lender’s Web site - Crain's Detroit Business

    A Web site for mortgage lender Capita Management Group came down Tuesday after the state Office of Financial and Insurance Regulation called for its removal. Officials at OFIR issued a cease-and-desist order against the publisher and Web host of http ...
    2009-03-24 01:47:00
  • Mortgage company is scam - Detroit Free Press

    UPDATED AT 3:30 P.M. — A Southfield-based mortgage company called Capita Management Group has been ordered to stop doing business by state regulators. The Michigan Office of Financial and Insurance Regulation said today that it believes that Capita ...
    2009-03-24 05:22:00
  • International Forecaster March 2009 (#6) - Gold, Silver, Economy + ... - Gold Seek

    International Forecaster March 2009 (#6) - Gold, Silver, Economy + ...Gold SeekIn a further display of aggression, the Fed also said it was more than doubling its purchases of securities issued by housing giants Fannie Mae and Freddie Mac to $1450bn in a bid to bring down mortgage rates and support the housing market. ...
    2009-03-24 09:58:01
  • US Steel risking mass retirement - Hamilton Spectator

    US Steel risking mass retirementHamilton Spectator, Canada“If you’re that age and have kids in school and a mortgage, you have to decide if you can take that pay cut,” Gerstenberger said. Though it may present initial challenges to the operation, a reduced workforce could also be an opportunity to rethink ...
    2009-03-24 10:12:35
  • Industrial Alliance Announces an Offering of $100 Million of 8.25 ... - Canada NewsWire (press release)

    Industrial Alliance Announces an Offering of $100 Million of 8.25 ...Canada NewsWire (press release), Canada... insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. ...
    2009-03-24 10:15:17
  • Marion couple didn't wait for Wall Street collapse to begin cost ... - Marion Star

    Marion couple didn't wait for Wall Street collapse to begin cost ...Marion Star, OHIt also can be pedaled like a bike, which means tags, plates and insurance are not required. He estimated the electric bike achieves about one-fourth of a penny per mile in energy cost, compared to their previous car, which achieved about 15 cents a ...
    2009-03-24 10:33:39
  • Meet Me In St. Louis - Tampa Tribune

    Meet Me In St. LouisTampa Tribune, FLThe Gramm-Leach-Bliley Act of 1999, the Financial Services Modernization Act, allowed banks to engage in previously prohibited crossover activities such as financial services, securities investments, mortgage lending and insurance underwriting. ...
    2009-03-24 11:01:32
  • PRESS DIGEST - Financial Times - March 25 - Reuters

    PRESS DIGEST - Financial Times - March 25ReutersThe British Bankers' Association has reported that new mortgage lending jumped to its highest level in 10 months in February, in the latest sign that the housing market may be stabilising. However mortgage approvals remain barely above the record lows ...
    2009-03-24 11:01:36
  • Banking Plan Propels Wall St. to Best Day in Months - New York Times

    Banking Plan Propels Wall St. to Best Day in MonthsNew York Times, United States“The areas that fall the fastest are going to recover,” said Guy Cecala, publisher of Inside Mortgage Finance. “There’s going to be a floor established. Seven hundred thousand dollar houses are $250000 — that’s what’s bringing people back into the ...
    2009-03-24 11:06:17
  • A President's Persistence in An Era of Quick Fixes - Minneapolis Star Tribune

    A President's Persistence in An Era of Quick FixesMinneapolis Star Tribune, MNThey’ve done a lot in a short time: the stimulus package, the mortgage bailout plan, a huge budget proposal that contains his ideas for energy independence, education and health care reform, more bailout for the unpopular AIG and, this week, ...
    2009-03-24 11:09:39
  • Tim Geithner seeks big stick - Boston Herald

    Tim Geithner seeks big stickBoston Herald, United StatesA day after unveiling a $1 trillion plan to buy up toxic subprime-mortgage holdings, Geithner said he needs expanded authority to seize troubled non-banks - such as huge financial firms, insurers and hedge funds - in the event of their possible ...
    2009-03-24 11:10:28
  • New 'financial basket' for Cayman - Cayman Net News

    New 'financial basket' for CaymanCayman Net News, Cayman IslandsThe CPI basket excludes household expenditures for items not considered as consumer goods and services: investment items; dwellings, land; mortgage payment bonds, stocks; financial assets, and life insurance net premiums which constitute the purchase ...
    2009-03-24 11:13:32
  • OECS should establish joint Regulator: G20 should help - Barbados Advocate

    OECS should establish joint Regulator: G20 should helpBarbados Advocate, Barbados... such as the US and UK, are now moving rapidly to strengthen their own regulatory bodies in the wake of the their failures to deal with the practices of major banks, insurance and mortgage companies that led to the current global financial crisis. ...
    2009-03-24 11:14:58