Mortgage and Financial News From 2010-9-30 Page 2

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  • Time for a Debt Haircut

    Ireland is struggling to cover its bank debt and U.S. homeowners are wheezing, too. Peter Coy says the next step should be debt writedowns
    2010-09-30 09:25:59

  • Economy loses speed in spring; more weakness ahead

    Washington -- The nation's economic growth tailed off sharply in the spring and probably isn't faring any better now.
    2010-09-30 10:17:29

  • State Street, Novartis, WaMu, Vivendi, BP in Court News

    The U.S. Securities and Exchange Commission may seek sanctions against two former State Street Corp. executives accused of misleading investors in a bond fund involved in a $313 million settlement with the agency.
    2010-09-30 11:25:22

  • Foreclosure Errors Cloud Homeownership With ‘Blighted Titles’

    U.S. courts are clogged with a record number of foreclosures. Next, they may be jammed with suits contesting property rights as procedural mistakes in those cases cloud titles establishing ownership.
    2010-09-30 11:49:17

  • Briefly (Oct. 1)

    The Texas Association of College Teachers will host a 69th District State Representative Candidate Forum at 12:15 p.m. Tuesday in the Kiowa Room of Clark Student Center at Midwestern State University.
    2010-10-01 12:08:00

  • 10 times your income to buy a house in Norfolk

    House prices in Norfolk and Suffolk are worth nearly 10 times the average working wage, a survey reveals today.
    2010-10-01 12:39:10

  • Bank accuses Bernie's oil's former owner of credit fraud

    Allegations filed in Groben bankruptcyThe Washington Trust Co. has accused the former owner of bankrupt Bernie's Fuel Oil Inc. of defrauding the bank by allegedly misrepresenting his business assets
    2010-10-01 01:13:39

  • 30-year mortgage rates back at record low - Chicago Tribune

    mortgage finance company. While rock-bottom rates offer a glimmer of hope for a housing market struggling to find footing after the expiration of home buyer tax credits, their effect on home loan demand has been tepid. A weak jobs market and flailing ...
    2010-09-30 01:55:00

  • New Yorkers buying bigger homes, prices stable - msnbc.com

    ... mortgage rates at their lowest levels in over thirty years ... saw the most home closings, with 300 closings at a median price of $687,500, according to StreetEasy.com.
    2010-09-30 11:13:00

  • Mortgage modification marathon draws masses to Los Angeles - Los Angeles Times

    mortgage documents, credit reports and letters from their lenders ... high jobless rate and precipitous drop in home prices still threaten to put massive numbers of people out of their homes. The group expects about 30,000 people to attend the event that ...
    2010-09-30 11:34:00

  • B.C. home prices to rise this year before falling in 2011: report

    B.C.'s median home price is expected to rise five per cent this year from 2009 to $388,000, according to the latest economic analysis by Central 1 Credit Union. However, prices are forecast to drop five per cent in 2011 to $370,000 before rebounding three per cent in 2012 to $380,000.
    2010-09-30 07:25:05

  • Rates will pop house price bubble: economist

    Prominent US economist says Australia's house price bubble would likely be popped by rising interest rates.
    2010-09-30 07:26:58

  • Of Note

    Mark D. Littlefield will succeed retiring Kenneth E. Graff as president and chief executive officer of Farm Credit West, said Adam Firestone, chairman of the board.
    2010-09-30 07:45:13

  • Fed Policy to Drive 10-Year Treasury Yields Below 2%, BT Says

    Yields on 10-year Treasury notes will drop to a record low as the Federal Reserve expands its program of government debt purchases intended to keep borrowing costs down, BT Investment Management Ltd. said.
    2010-09-30 07:55:59

  • News Wrap: Emanuel Plans to Leave White House for Chicago Mayoral Bid

    Listen to the Audio HARI SREENIVASAN: The White House chief of staff, Rahm Emanuel, plans to resign tomorrow to run for mayor of Chicago. It was widely reported today that President Obama will make the announcement tomorrow morning. White House spokesman Robert Gibbs wouldn't confirm the move, but he did praise Emanuel's contribution. PRESS SECRETARY ROBERT GIBBS : He has been the leader of -- I ...
    2010-09-30 08:06:03

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