Mortgage and Financial News From 2009-7-24 Page 01
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Bank regulators resist Obama's encroachment on their turf - Kansas City Star
Federal bank regulators sparred before Congress on Friday, trying to maintain their current powers as the Obama administration seeks to strip them of the authority to regulate consumer credit and give it to a new watchdog agency. The heads of the ...
2009-07-24 05:27:00 -
San Gabriel Valley office space on rise - San Gabriel Valley Tribune
Overall office and industrial vacancy rates in the San Gabriel Valley spiked in the second quarter as firms moved out and downsized, according to recently released data. On the flipside, rents dropped as what was an owners' market only a year ago in ...
2009-07-24 07:58:00 -
CHECKOUT LANE: Advice for obtaining a mortgage - Enterprise
Sure, the economy is ailing, the housing bubble has burst and credit is harder to get. Still, mortgage brokers insist this is a good time to buy a house. “The degree of difficulty for obtaining a mortgage is not great,” said Robert Petrelli ...
2009-07-24 05:35:00 -
Banks line up raft of mortgage rate hikes - Independent
THE state-backed banks and building societies are preparing a raft of mortgage hikes after Finance Minister Brian Lenihan refused to block Permanent TSB from raising interest rates by 0.5pc. Sources last night said it was "inevitable" other lenders ...
2009-07-24 10:42:00 -
In today's Treasure Coast housing market, cash is king - Vero Beach Press-Journal (subscription) (subscription)
In today's Treasure Coast housing market, cash is kingVero Beach Press-Journal (subscription) (subscription)Debi Jensen, broker owner of Century 21 All Professional in Port St. Lucie, worries about the future repercussions the phenomenon could create for the ...
2009-07-24 01:43:48 -
Western Alliance Bancorporation to Present at Keefe, Bruyette ... - Trading Markets (press release)
Western Alliance Bancorporation to Present at Keefe, Bruyette ...Trading Markets (press release)The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell ...
2009-07-24 01:45:13 -
Fed proposes ban on payments for steering customers to higher-cost ... - WalletPop
Fed proposes ban on payments for steering customers to higher-cost ...WalletPopThey were payments made on the side when a mortgage broker steered a person to a higher-cost loan. The Fed likely is putting on this consumer-friendly face ...and more »
2009-07-24 03:08:09 -
Some home flippers seek aid by flipping St. Joseph on his head - Pittsburgh Tribune-Review
Some home flippers seek aid by flipping St. Joseph on his headPittsburgh Tribune-Review... a mortgage banker, launched the Web site in 1996. He says he devised the home-seller kits in 1990 as a way to attract business from real estate brokers. ...and more »
2009-07-24 03:26:16 -
US Stocks Halt After Two-Week Rally - 123Jump.com
US Stocks Halt After Two-Week Rally123Jump.comPanasonic gained 8% on broker recommendation. Shipping companies increased. Japan Tobacco dropped for the second day on the prospect of higher taxes. ...and more »
2009-07-24 03:36:21 -
Buying 'As Is': A Deal Worth the Risk? - Washington Post
Buying 'As Is': A Deal Worth the Risk?Washington Post... to achieve a "short sale" for an amount less than what they owe on the mortgage. Glen Baird, the principal broker at VirginiaMLS.com Realty in Fairfax, ...
2009-07-24 04:45:32 -
Reaction supportive for Ramos after report he pleaded guilty to ... - Fort Pierce Tribune
Reaction supportive for Ramos after report he pleaded guilty to ...Fort Pierce TribuneDew said there have been no calls to the party headquarters pushing for Ramos, a mortgage broker from Jensen Beach, to withdraw from the open contest ...
2009-07-24 05:17:10 -
Charles Schwab shares lowered to'hold' from 'buy' by Citigroup ... - InvestmentNews
Charles Schwab shares lowered to'hold' from 'buy' by Citigroup ...InvestmentNewsThe San Francisco-based discount broker, which is also the largest custodian of assets for independent investment advisers, is holding a business update ...and more »
2009-07-24 05:35:28 -
Simon Read: Who can you trust for decent advice? - Independent
Simon Read: Who can you trust for decent advice?IndependentIt banned an Essex mortgage broker for fraud the week before and, the week prior to that, an East London mortgage broker was made bankrupt for failing to ...and more »
2009-07-24 06:02:58 -
New this week - guardian.co.uk
New this weekguardian.co.ukRecord numbers of people are taking out fixed-rate mortgages, with 83% of broker firm John Charcol's customers opting for one last month. ...and more »
2009-07-24 06:07:41 -
Nationwide mortgage offer will leave many customers worse off - Citywire.co.uk
Nationwide mortgage offer will leave many customers worse offCitywire.co.ukMortgage broker Ray Boulger of John Charcol says: 'It is, of course, possible that the Bank rate will increase by more than 1% over the next year, ...
2009-07-24 06:08:45