Mortgage and Financial News From 2010-8-23 Page 01

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  • New Citi Survey Finds Bostonians More Upbeat About Economy Than Americans ... - MarketWatch (press release)

    New Citi Survey Finds Bostonians More Upbeat About Economy Than Americans ...MarketWatch (press release)... loans (13 percent) and credit cards (9 percent). -- This compares to 27 percent of 40-64 year olds who cite credit card debt (10 percent), mortgage debt ...and more »
    2010-08-23 11:07:03
  • Interest rates unchanged at Treasury auction - Merced Sun-Star

    WASHINGTON -- Interest rates on short-term Treasury bills held steady in Monday's auction, with rates on three-month bills remaining at the highest level since early July and six-month bills continuing at the ...
    2010-08-23 01:21:00
  • Today's Business - Myrtle Beach Sun News

    Today's BusinessMyrtle Beach Sun NewsIn its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid ...and more »
    2010-08-23 11:11:35
  • Pushing green energy can hurt economy - Kiowa County Signal

    Pushing green energy can hurt economyKiowa County SignalThe other problem with the PACE program is the lien loans got paid off before the initial mortgage. Meaning, if for some reason a homeowner could no longer ...and more »
    2010-08-23 11:15:42
  • Credit Card Interest Rates Rise As New Rules Kick In - WXIA 11 Alive

    If you're late on making a credit card payment, new rules are in effect to protect you from how much banks can you charge you in late fees and how those fees can be imposed. The downside, banks are trying to ...
    2010-08-23 10:11:00
  • Hungary Leaves Key Interest Rate Unchanged at Record Low for Fourth Month - Bloomberg

    Hungary kept the benchmark interest rate unchanged today for a fourth month as the currency remains vulnerable to a sell-off in case market sentiment sours following the collapse of talks with creditors. The ...
    2010-08-23 07:16:00
  • See, We Told You So - National Review Online

    See, We Told You SoNational Review Online... mortgage difficulties, still creditworthy enough to pass bank underwriting standards. Fannie and Freddie get new capital, new income, and better loans ...and more »
    2010-08-23 11:19:16
  • Wells Fargo Builds CMBS Business Once Dominated by Wachovia - BusinessWeek

    Wells Fargo Builds CMBS Business Once Dominated by WachoviaBusinessWeek“We believe there is going to be a resurgence of CMBS, and we are investing in anticipation of it,” said Blakey, head of commercial-mortgage lending and ...and more »
    2010-08-23 11:20:50
  • Mahoning County Court filings - Youngstown Vindicator

    Mahoning County Court filingsYoungstown VindicatorVirginia Brobander, default judgment. BAC Home Loans Servicing LP v. Kathleen Rusu et al, judgment entry and decree. GMAC Mortgage LLC v. ...
    2010-08-23 11:23:11
  • The Politics of Plastic - Wall Street Journal

    The Politics of PlasticWall Street JournalThis week the Journal reports that the average interest rate on credit-card customers surged to 14.7% in the second quarter, the highest rate since 2001. ...and more »
    2010-08-23 06:29:40
  • Purchases of Existing Homes in US Probably Slumped in July - Bloomberg

    Purchases of Existing Homes in US Probably Slumped in JulyBloombergThe Department of Housing and Urban Development plans to make loans of as much as $50000 for borrowers “in hard hit local areas” to make mortgage, ...and more »
    2010-08-23 11:25:20
  • Personal loans set to become costlier - Bank Bazaar

    Personal loans set to become costlierBank BazaarWith rise in benchmark prime lending rates by various banks, home, car, education and personal loan rates have gone up in many banks. The rate increase ...and more »
    2010-08-23 06:39:54
  • MPs bargain, get Rs 10000 more - Herald Publications

    MPs bargain, get Rs 10000 moreHerald PublicationsThe Cabinet, which met under the chairmanship of Prime Minister Manmohan Singh, decided to increase the office and constituency allowances of MPs by Rs 5000 ...and more »
    2010-08-23 07:02:46
  • Bursting Obama's Housing Bubble - FrontPage Magazine

    Bursting Obama's Housing BubbleFrontPage MagazineThese government institutions offered loans for little to no down payment with promises of continuing and unending equity. When the housing bubble burst, ...
    2010-08-23 11:36:55
  • Housing policy must be changed - Tiffin Advertiser Tribune

    Housing policy must be changedTiffin Advertiser TribuneSome banks - with the encouragement of Congress - handed out big home loans without adequate security. In some cases, they did not even bother to verify ...and more »
    2010-08-23 11:53:34