Mortgage and Financial News From 2010-1-21 Page 01

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  • Bank Mutual Corporation Reports Earnings for the Full Year of 2009 and ... - Yahoo Finance

    Michael T. Crowley, Jr. , Chairman, President, and Chief Executive Officer of Bank Mutual Corporation ("Bank Mutual") commented, "Our recent earnings performance has been impacted by difficult interest rate and economic environments that continue to ...
    2010-01-21 07:05:00
  • Why did feds target local mortgage company? - Austin American-Statesman

    Last week, investigators for the U.S. Department of Housing and Urban Development sent out subpoenas to more than a dozen mortgage companies whose recent lending records merited further scrutiny, according to the agency. On the list was an Austin ...
    2010-01-21 07:19:00
  • US Dollar Extends its Rally as Sentiment Threatens a True Collapse - Yahoo Finance

    Investor sentiment is on the verge of collapse and the US dollar is reaping the rewards. The market’s most liquid currency put in for another aggressive rally; but it was perhaps today’s advance that held the greater influence from a fundamental ...
    2010-01-21 07:34:00
  • Home prices in California rise in December - Los Angeles Times

    Home sales have been driven by low interest rates and a government tax break ... Sales distribution is still lopsided toward lower-cost homes, driven by tax incentives and distress activity. Whole mortgage categories don't exist for buyers. "
    2010-01-21 07:34:00
  • Face up to future to protect your family - Irish Times

    THE FINANCIAL crisis has brought the necessity of planning for the future into sharp focus, but how can you be sure your family will be looked after if the unforeseen should happen? Death, illness or unemployment can ruin whatever future you have ...
    2010-01-21 08:38:00
  • Letter: Recession Hindsight - Manhasset Press

    The average American family carries an astounding $12,000 credit card debt. Credit card interest rates range upward to thirty (30%) percent so the ability for most persons to ever reduce this burden becomes problematic. It is debt slavery at its ...
    2010-01-21 09:57:00
  • CVB Financial Corp. Reports Positive Earnings for 2009 - Yahoo Finance

    NASDAQ: CVBF - News ) and its subsidiary, Citizens Business Bank ... commercial construction loans, $11.8 million in single-family mortgage loans, $17.1 million in commercial real estate loans, and $3.2 million in commercial loans. At December 31 ...
    2010-01-21 10:54:00
  • Mayor says North Las Vegas seeing signs of recovery - Las Vegas Sun

    While the recession raged in Southern Nevada, 35 major businesses opened their doors in North Las Vegas, 12 others expanded substantially and 1,500 new business licenses — nearly half of them for home-based operations — were issued by the city ...
    2010-01-21 10:40:00
  • Treasury Weighs Fixes to a Program to Fend Off Foreclosures - New York Times

    The vast majority of loan modifications to date have lowered payments by dropping interest rates while leaving balances untouched ... Many second mortgages, including home equity loans , are owned by the very banks that are in the middle of ...
    2010-01-21 11:01:00
  • Drvna industrija i nameštaj - Balkans.com Business News

    Drvna industrija i nameštajBalkans.com Business NewsAn extended recession, as wages are pushed down and export prices fall to competitive rates. This will not be easy, nor will it be popular. ...and more »
    2010-01-21 05:04:57
  • Republicans Seek to Limit Fannie Mae, Freddie Mac Pay - Bloomberg

    Republicans Seek to Limit Fannie Mae, Freddie Mac PayBloomberg... to limit salaries and bonuses for senior executives at Fannie Mae and Freddie Mac to the same rates the US government pays comparable federal workers. ...and more »
    2010-01-21 05:19:17
  • Get A Mid-Life Retirement Checkup - CBS MoneyWatch.com (blog)

    Get A Mid-Life Retirement CheckupCBS MoneyWatch.com (blog)Take a look at your current mortgage and figure out when it will be paid off. If that's after the date you plan to retire, then call your mortgage lender ...
    2010-01-21 05:21:45
  • Obama The Destroyer - Forbes

    Obama The DestroyerForbesThe current flexibility to do so arguably prevented the financial crisis from being even more destructive. In fact, the two financial companies most ...and more »
    2010-01-21 05:49:32
  • Danger for mortgage borrowers - lovemoney.com

    Danger for mortgage borrowerslovemoney.comThe lender blames the unprecedented current economic climate, record low interest rates and the need to protect savers. It claims it is responding to ...and more »
    2010-01-21 06:05:59
  • Home prices in California rise in December - Los Angeles Times

    Home prices in California rise in DecemberLos Angeles TimesHome sales have been driven by low interest rates and a government tax break scheduled to expire April 30 for first-time buyers and certain current ...and more »
    2010-01-21 06:43:05