Mortgage and Financial News From 2009-10-27 Page 01

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  • Grillin' & Chillin' Downtown  - MyWabashValley.com

    In the real estate business, it's all about location, location, location. Downtown Terre Haute was the location Tuesday night for real estate experts to help the United Way. It's the 2nd annual Grillin' and Chillin' Burger Cook-Off. Area realtors and ...
    2009-10-27 09:33:00

  • MPs facing ban on mortgage claims - Ananova

    MPs will be banned from claiming for their mortgages on expenses under proposed reforms to be unveiled next week by the man brought in by Gordon Brown to clean up Parliament. According to a BBC report, Sir Christopher Kelly, chairman of the Committee ...
    2009-10-27 11:34:00

  • How Dems outmaneuvered GOP on ACORN - Washington Examiner

    Last Thursday was a confusing day at the House Financial Services Committee. The committee was preparing to vote on legislation to create a new Consumer Financial Protection Agency when a fight erupted over ACORN, the community organizing group that ...
    2009-10-27 11:06:00

  • RealtyTrac: S. Fla. foreclosures fall in Q3 - South Florida Business Journal

    First, the bad news: Cities in Florida, Nevada and California accounted for the 10 highest foreclosure rates among larger metropolitan areas in the third quarter, according to RealtyTrac . Now, the good news: Five of those areas reported decreased ...
    2009-10-27 10:59:00

  • Foreclosures highest in Rockford area - Chicago Sun-Times

    The Rockford metropolitan area had one of the highest year-over-year increases in foreclosure activity in the third quarter with the number of properties receiving notices spiking 64 percent. That is according to the latest report from RealtyTrac ...
    2009-10-27 11:06:00

  • Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To ... - Huffingtonpost.com

    The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. "Everyone should be allowed to fail," said Jamie Dimon, chief of JPMorgan Chase. "Failure is a good ...
    2009-10-27 11:13:00

  • Capitalism Has the Last Laugh (Again) - Huffingtonpost.com

    There can no longer be any doubt that the U.S. and global economies came out of the tunnel of the Great Recession into the light of an economic recovery in the middle of this year. The trouble is that most people don't see the light at the start of ...
    2009-10-27 11:42:00

  • Big Lender GMAC Asks for More U.S. Aid - New York Times

    GMAC , the troubled consumer finance company, is seeking billions of dollars in additional federal aid, a move that would be its third taxpayer bailout and could give the government a majority stake in the company, according to people briefed on the ...
    2009-10-27 11:49:00

  • Australian Commercial Lending Must Be Watched, RBA's Edey Says - Bloomberg

    Australian Commercial Lending Must Be Watched, RBA's Edey SaysBloombergWhile impairments on home mortgages have held at just over 0.5 percent of total outstanding loans, compared with as much as 6 percent in the US, ...and more »
    2009-10-27 07:23:10

  • SCANDAL THAT OUTRAGED VOTERS - UK Express

    SCANDAL THAT OUTRAGED VOTERSUK ExpressAmong them were claims for expensive TVs and furniture, others over-claimed for mortgages or services. Conservative MPs Julie Kirkbride and her husband ...
    2009-10-27 07:27:50

  • 12 proposed constitutional amendments up for a vote - Jacksonville Daily Progress

    12 proposed constitutional amendments up for a voteJacksonville Daily ProgressFor: The Veterans' Land Board offers lower-than-market rates on financing for mortgages and land purchase financing to veterans as a reward for their ...
    2009-10-27 08:50:43

  • RBA's Edey cautiously optimistic worst of downturn is over - Business Spectator (registration)

    RBA's Edey cautiously optimistic worst of downturn is overBusiness Spectator (registration)Broadening the concept to the US bond market as a whole (mortgages + investment grade corporates), the total bond market yields only 3.5 per cent. ...and more »
    2009-10-27 09:04:52

  • NAB won't guarantee keeping with RBA - Sydney Morning Herald

    NAB won't guarantee keeping with RBASydney Morning Herald... there are 108 mortgage products on offer, what is the functionality of that." Among the big four banks it had the second smallest market share of home ...and more »
    2009-10-27 09:55:16

  • Add a personal message:(80 character limit) - Boston Globe

    Add a personal message:(80 character limit)Boston GlobeA few years ago, thousands of people rushed into the housing market - selling mortgages, appraising homes, brokering deals - with hopes of cashing in on ...and more »
    2009-10-27 10:07:23

  • Banks Could Face Larger Asset Writedowns and Losses than IMF has Modelled - Daily Reckoning - Australian Edition (blog)

    Banks Could Face Larger Asset Writedowns and Losses than IMF has ModelledDaily Reckoning - Australian Edition (blog)That is, the IMF stress-tested Aussie banks for losses on their two largest loan portfolios - corporate loans and mortgages. The IMF concluded the banks ...
    2009-10-27 11:02:09

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