Mortgage and Financial News From 2009-4-29 Page 01
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A report card for Obama's first 100 days - Pittsburgh Post-Gazette
It may seem longer, what with the state of the world and the economy -- we're even battling pirates on the high seas, for gosh sakes. But it's just 100 days since Barack Obama took the inaugural oath making him the 44th president of these United ...
2009-04-29 11:34:00 -
News from the Pennsylvania General Assembly - Evening Sun
SPECIAL EDUCATION: Proponents of a bill that would base state special education funding on the number of special-ed students in a school district say it has more than 50 co-sponsors from both parties. The proposal would replace the current state ...
2009-04-29 02:59:00 -
Squeeze goes on city sellers - Stuff
Ray White auctioneer Lynn Eagar said the rise in the number of apartments being sold at mortgagee auction was because investors faced increasing pressure from lenders. There was little demand for apartments and prices had tumbled. There are 187 ...
2009-04-29 07:17:00 -
A Short Sale May Not Mean You're Home Free - Wall Street Journal
Financially troubled borrowers may think that foreclosure or a short sale of their home means their mortgage woes are over. Not necessarily. Some homeowners are finding that when they sell their homes for less than the outstanding mortgages -- a so ...
2009-04-29 07:38:00 -
Squeeze goes on city sellers - Waikato Times
Squeeze goes on city sellersWaikato Times, New ZealandMortgage broker Phil Caldwell, of Caldwell Mortgage Brokers, said the bottom had fallen out of the apartment market. Banks had also tightened their lending criteria on apartments, requiring a 40 per cent deposit and the apartment being mortgaged had to ...
2009-04-29 07:20:05 -
Firstfolio shakes up senior management team - Broker News Australia
Firstfolio shakes up senior management teamBroker News Australia, AustraliaHe will be based in Melbourne and will oversee the expansion of eChoice from purely an online mortgage finance broker to a more diversified financial services platform. Brett will join Firstfolio from 1 June. Russell will be general manager, ...
2009-04-29 07:58:08 -
Buyers back - Scene Queenstown
Buyers backScene Queenstown, New ZealandLower interest rates and property prices mean a new Queenstown homeowner could save $300 a week on mortgage repayments. That calculation comes from local mortgage broker Mark Pullar, who says the changes have made his business go “gang-busters” since ...
2009-04-29 09:37:12 -
Editorial: Florida House proposal would give state agency greater ... - Vero Beach Press-Journal (subscription)
Editorial: Florida House proposal would give state agency greater ...Vero Beach Press-Journal (subscription), FLProvide for licensure of mortgage brokers and loan originators. • Require mortgage lenders to obtain annual financial audit reports. • Prohibit loan originators from being employed or contracting with more than one mortage broker or lender. ...
2009-04-29 11:10:13 -
Gold Consolidation Nears End - Gold Seek
Gold Consolidation Nears EndGold SeekBroker/dealers have stopped delivering bonds. Holders of US treasuries are now scared to lend into the repo market in case their bonds are not returned, and potential buyers sit on the sidelines fearful of handing over their money to a counterparty ...
2009-04-29 11:16:57 -
A report card for Obama's first 100 days - Pittsburgh Post Gazette
A report card for Obama's first 100 daysPittsburgh Post Gazette, PAAmong the original panel were a consultant, a mortgage broker, a maintenance man and a college student. Two voters ultimately cast their votes for Mr. Obama, a third for Republican John McCain and the fourth chose at the end to keep her vote private. ...
2009-04-29 11:51:57 -
Thomas Etheredge, Wild West World founder, is arrested (The Wichita Eagle)
Wild West World founder Thomas Etheredge was taken into custody at the San Antonio airport late this afternoon on a Kansas warrant for investigation of fraud, according to state and airport officials.
2009-04-29 07:31:04 -
Credit Swaps Drop Most in 12 Days on Signs of Economic Bottom (Bloomberg)
April 29 (Bloomberg) -- The cost to protect against a default on North American corporate bonds dropped the most in 12 days amid signs that the worst of the recession may be over.
2009-04-29 07:37:22 -
HSBC’s Skyscraper Sales May Fetch 40% Less Than at Market Peak (Bloomberg)
April 30 (Bloomberg) -- HSBC Holdings Plc ’s planned sale of its London, New York and Paris offices may bring Europe’s biggest bank about 40 percent less than the properties would have fetched at the 2007 market peak.
2009-04-29 08:40:13 -
Lewis out as chair, remains BofA's CEO (The Charlotte Observer)
Under fire for his Merrill Lynch acquisition, Bank of America chief executive Ken Lewis on Wednesday lost his chairmanship but kept his board seat and corner office.
2009-04-29 11:01:39 -
Gold Consolidation Nears End (GoldSeek.com)
The battle for survival continues, as banks resorted to basic revisionist accounting (aka fraud) in order to claim improved health. Their reward was a financial sector stock rally of the most queer kind.
2009-04-29 11:14:57