Mortgage and Financial News From 2010-7-23 Page 01
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U.S. Rep. Dan Maffei says new law watches out for consumers
See a video of a woman who details her struggle in paying for a house.
2010-07-23 12:10:54 -
Bogus 'Obama Asks Moms' School Ads Lure Students
After being laid off from her job as a high school teacher in Dayton, Ohio, Nicole Massey decided to go back to college. For months, she scoured the Web for ways to fund her tuition, while supporting her 10-year-old son, Tyler. So when ads turned up in
2010-07-23 12:13:00 -
Clinic Offers Free School Shots
With school registration just around the corner, hundreds of parents jumped at the opportunity to have their children immunized for free at the CentroMed clinic.
2010-07-23 01:52:54 -
Will the bubble give us trouble?
Is Southwest Florida part of a broader, national real estate bubble? This is the first in an occasional series of stories exploring what lies ahead for real estate -- and what it may mean for you.
2010-07-23 02:01:00 -
Financial Reform: Can It End Americans' Addiction To Credit?
NEW YORK -- The battle over financial regulation is finally over. Now comes the harder part: kicking Americans' love of credit.
2010-07-23 02:13:39 -
Protecting consumers from bad banks: The Real Deal
If you have a complaint against a mortgage or credit card company, or maybe a bill collector, you'll soon have access to a new federal office that will investigate.
2010-07-23 04:12:29 -
Think Bank eyes bigger presence in Twin Cities
You may not know the name of the third-largest bank chartered in Minnesota, but its executives are aiming to bring it to your attention soon.
2010-07-23 04:44:11 -
SCOTT BURNS: Reverse mortgages, bucket method for retirement
My husband and I are 65, retired, and own our home. What are the issues that we should be aware of with a reverse mortgage?
2010-07-23 05:52:33 -
Sean O'Grady: Celebrating the boom? Me neither
Does it feel to you that the economy is growing at breakneck speed? Do you feel as ballsily confident as you did, say, in the balmy days of 2007, a time now as remote as the Edwardian era, a never-never land where house prices could only ever go up and "boom and bust" had been abolished? Can we really be back to the go-go days of earlier in this decade when jobs were plentiful, rising living ...
2010-07-23 06:12:14 -
Grassley slaps GM buy of subprime unit
General Motors , the automaker 61 percent owned by the Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
2010-07-23 06:40:57 -
Doubling Down on Housing
Record-low interest rates and a scary stock market are prompting investors to sink even more money into their homes.
2010-07-23 09:45:33 -
Pregnant Women Denied Mortgage Loans: HUD Investigates
Federal Agency Looking into Possible Discrimination There's nothing more American than the idea of having a family and buying a home. But growing families have a growing concern tonight. These days there are several things that stop someone from getting a home loan: bad credit or no down payment. But what about a bun in the oven?
2010-07-23 10:00:04 -
GM's purchase of subprime lender rubs lawmakers wrong way
GM's purchase of subprime lender rubs lawmakers wrong way
2010-07-23 10:59:54 -
Stress tests of Europe's finances finds most major banks in good health
LONDON -- A broad probe into the health of Europe's financial sector found virtually every major bank in the region fit to withstand severe economic shocks and declared only a handful of smaller institutions at risk. Health - Mental health - Stress - Support Groups - Bank
2010-07-23 11:00:00 -
Low mortgage rates draw buyers, but banks throw up roadblocks
David Kosowski has a full-time job, a sky-high credit score, a solid debt-to-income ratio and enough cash stashed away to put a 20 ...
2010-07-24 12:12:03