Mortgage and Financial News From 2009-11-12 Page 01
Previous Day: 2009-11-11
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17
-
Fed Bans Automatic Overdraft Fees On Debit Cards - Hartford Courant
Flexing newfound muscle as consumer protector, the Federal Reserve on Thursday banned overdraft fees on automated teller machine and debit card transactions unless consumers have actively opted for an overdraft protection service. The new rules mean ...
2009-11-12 10:15:00 -
Chemung IDA takes out $900,000 loan for Clemens Center - Star-Gazette
The Chemung County Industrial Development Agency has approved taking out a $900,000 loan to cover a funding shortfall in the Clemens Center's recent renovation project, a county official said Thursday. The IDA will borrow the money through Elmira ...
2009-11-12 10:30:00 -
Three steps to save Wall Street - Asheville Citizen-Times
For the first time in decades, Washington is daring to tackle financial reform. It took the collapse of the whole sector and the resulting public outrage to get them started, and it will take pressure to keep them going. It’s not certain that ...
2009-11-12 09:47:00 -
FHA reserves take a hit due to loan defaults - Riverside Press Enterprise
The Federal Housing Administration's mortgage insurance reserves fell to the lowest level in history, and the government said more steps are needed to shore up the agency that guarantees one of every five single-family loans. The agency, a major ...
2009-11-12 09:54:00 -
FDIC mandates prepaid fees to restore fund - San Francisco Chronicle
... by federal regulators. The Federal Deposit Insurance Corp. board voted to mandate the early payments of premiums for 2010 through 2012. Amid the struggling economy and rising loan defaults, 120 banks have failed so far this year ... deficit.
2009-11-12 10:37:00 -
Dallas-area foreclosure filings in 2009 break record - Dallas Morning News
North Texas home foreclosure filings for December soared 30 percent from a year ago. The jump in postings for December pushes the total for the year past 61,000 – a record for the Dallas-Fort Worth area. More than 5,200 homes are facing forced sale ...
2009-11-12 10:15:00 -
FHA Reserves Scraping Bottom - CBS MoneyWatch.com
FHA Reserves Scraping BottomCBS MoneyWatch.comThe Federal Housing Administration, which has kept the housing market going by insuring low-down payment loans, ...and more »
2009-11-12 07:03:06 -
Builders Downsize the Dream Home - Wall Street Journal
Builders Downsize the Dream HomeWall Street JournalThe American housing market continues to drag, with the Mortgage Bankers Association reporting Thursday that applications for home-purchase loans have hit a ...
2009-11-12 07:20:29 -
The market in Launiupoko - Lahaina News
Lahaina NewsThe market in LauniupokoLahaina NewsMortgage rates are still at an all-time low, with conventional loans still available in the 4-5 percent range and land loans just over 6 percent. ...
2009-11-12 07:23:14 -
The Housing Rebound? - Wall Street Journal (blog)
The Housing Rebound?Wall Street Journal (blog)Oaktree Capital Management LP has teamed with real estate developer Integral Communities to launch Sentinel Capital Funding, which will provide loans for ...
2009-11-12 07:35:24 -
Homebuying Interest Tumbles - Investor's Business Daily
Homebuying Interest TumblesInvestor's Business Daily7 Mortgage applications rose 3.2% last week due to an 11.3% jump in refinancing activity as interest rates fell further below 5%. But demand for loans to ...
2009-11-12 07:45:24 -
FHA, FDIC Reserves Run Low - Investor's Business Daily
FHA, FDIC Reserves Run LowInvestor's Business Daily8 Federal Housing Administration excess reserves fell to 0.53% in Sept. vs. 3% a year earlier. Its mandate is 2%. FHA-backed mortgages for shaky borrowers ...and more »
2009-11-12 07:45:27 -
Coastal Banking Company Reports Third Quarter 2009 Earnings - Stockhouse
Coastal Banking Company Reports Third Quarter 2009 EarningsStockhouseThis decline was offset by growth in relatively more stable residential mortgage loans, which increased $7.0 million, or 6.78 percent, to $110.6 million at ...and more »
2009-11-12 08:02:25 -
US realty facing 'crisis' - People's Daily Online
US realty facing 'crisis'People's Daily Online... to $750 billion of mortgage debt. This equals as much as 54 percent of the $1.4 trillion in loans that will come due in four years, by his count. ...
2009-11-12 08:16:24 -
Ireland takes a punt on banks - People's Daily Online
Ireland takes a punt on banksPeople's Daily Online... the cash rather than lend as they brace themselves for a second wave of bad losses in mortgage and personal loans, and try to rebuild their capital. ...and more »
2009-11-12 08:16:27