Mortgage and Financial News From 2009-4-17 Page 01
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Fitch Downgrades Berryessa USD, California GOs to 'AA-'; Outlook to ... - CNBC
NEW YORK, Apr 17, 2009 (BUSINESS WIRE) -- In the course of routine surveillance, Fitch Ratings downgrades Berryessa Union School District's (the district) $49.2 million outstanding general obligation (GO) bonds to 'AA-' from 'AA'. The Rating Outlook ...
2009-04-17 03:35:00 -
Meltdown 101: Is there a downside to mortgage aid? - Boston Globe
After applying for the Making Home Affordable program, your lender should give you a "good faith estimate" that includes your new interest rate, mortgage payment and the total cost of the loan. Compare the numbers with your current loan; you might ...
2009-04-13 07:00:00 -
Welcome to pay-cut Britain - Guardian Unlimited
Gary Thompson is on half pay at the LDV plant in Washwood Heath. Photograph: Steve Woods/newsteam.co.uk Few have felt the effects of the economic downturn more keenly than Gary Thompson. The 50-year-old, who has worked for the Birmingham-based van ...
2009-04-17 07:02:00 -
Home show goes green; vendors ready to share eco-friendly tips (Rapid City Journal)
This week’s blizzard threw a wrench in the setup for the 36th annual Black Hills Homebuilders Home Show, but organizers say they are putting together a show that is bigger and better than ever.
2009-04-17 06:56:10 -
Citigroup tops forecasts, but caution lingers as problems far from over (MSN Money Canada)
NEW YORK - For big banks like Citigroup, the first quarter of 2009 may turn out to be the best of the year.
2009-04-17 07:01:03 -
Citigroup posts better-than-expected results (WABC-TV New York)
Citigroup says the first quarter of 2009 was much better than last year's.
2009-04-17 07:11:02 -
Pacific Mercantile Obtains Approval as Title II FHA Lender to Originate FHA Single Family Mortgage Loans (Business Wire via Yahoo! Finance)
COSTA MESA, Calif.---- Raymond E. Dellerba, President and CEO of Pacific Mercantile Bancorp and of its wholly-owned banking subsidiary, Pacific Mercantile Bank, announced today that the Bank has obtained approval from the Federal Housing Administration to originate FHA insured single family mortgages as a Title II FHA Lender.
2009-04-17 08:21:00 -
Top Scoops (Scoop.co.nz)
Washington, DC - A fight on Capitol Hill rages over a tool called "cram down." Proponents say is essential to fixing the foreclosure crisis and empowering homeowners to negotiate with the banks that hold their mortgages. Opponents say it will make lending riskier and raise interest rates.
2009-04-17 08:25:36 -
Top Scoops (Scoop.co.nz)
WORD: Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes the bubble on a whirlpool of speculation. When the capital development of a country becomes the by-product of the activities ...
2009-04-17 09:40:45 -
Florida Realtors® and Gov. Crist Agee: ‘Now’s the Time to Buy’ a Home in Florida (Bradenton Herald)
Ten Realtors® from across Florida met with Gov. Charlie Crist to discuss increased home sales and other positive trends in their markets, as well as offer insight into some current issues facing the real estate industry. It’s part of this year’s Great American Realtor Days, April 14-15, when about 1,000 Realtors from throughout the state join forces at the state capital to meet with their ...
2009-04-17 11:02:55 -
Real Life: Where did the money go? - Contra Costa Times
My granddaughter put down her pad and pencil, looked at me seriously and asked, "Where did the money come from?" I had just explained that the Great Depression had not really come to an end until the war effort of the early 1940s had created enough ...
2009-04-17 01:26:00 -
Unisys Reviews Debt Options Amid Expiring Credit Line (Update3) - Bloomberg
April 17 (Bloomberg) -- Unisys Corp. , with more than $2 billion of losses in the past four years, may lose its line of credit next month, making it harder and more costly to pay off its 2010 notes as sales dwindle in the recession. The computer ...
2009-04-17 03:06:00 -
Hillside couple caught in mortgage scam finds a potential savior - Newark Star-Ledger
Willie and Cleo Hodge -- an elderly couple victimized in a mortgage scam six years ago that led to the foreclosure of their Hillside home -- may have finally found the help they need to keep their house. In the first week of March, the couple ...
2009-04-12 05:25:00 -
Parents fight to keep Bartlett School open - Boston Globe
In the wake of its announced closure, families of students at the financially troubled Bartlett School in Waltham have taken it upon themselves to fight to keep classrooms open at the nonprofit elementary school, pledging more than $650,000 in ...
2009-04-17 01:47:00 -
Grant aimed at helping homeowners - Chadron Record
The grant, funded through the Department of Housing and Urban Development, will help High Plains offer services through homebuyer education programs, pre- and post-purchase counseling, loss mitigation, homeless/displacement counseling, reverse ...
2009-04-17 03:06:00