Mortgage and Financial News From 2008-1-4 Page 43
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Thieves' Highway (BusinessWeek)
1198775883190
2008-01-03 02:21:12 -
Inside Wall Street (BusinessWeek)
Inside Wall Street
2008-01-03 02:21:42 -
Measuring Your Digital Footprint (BusinessWeek)
Garlik rates people on popularity and impact online. Its backers include Web inventor Tim Berners-Lee
2008-01-03 02:22:52 -
Calendar (BusinessWeek)
Jan. 8 - New Hampshire holds the second major Presidential nominating contest. The primary will be a key test of viability for candidates, particularly in the GOP, where it remains a five-person race.
2008-01-03 02:24:42 -
Man Sentenced For Eluding Police, Jumping Off Bridge In April (WTAE-TV Pittsburgh)
A man who was so desperate to get away from authorities that he jumped off a 40-foot bridge into an icy river in April was sentenced on Thursday.
2008-01-03 02:55:52 -
Family Finances: How to move ahead financially in 2008 (Pittsburgh Post-Gazette)
The male co-author of this column made a huge mistake a few weeks ago. As an anniversary concession, he encouraged the female co-author to write down the projects she'd like to undertake in the house. As the list filled the page, he didn't utter a single groan.
2008-01-03 09:26:50 -
American Home's Intention To Destroy Files Raises Ire
Wall Street Journal - American Home Mortgage Investment Corp.'s plan to destroy 490,000 hard-copy mortgage files has drawn fire from federal bankruptcy monitors, who say it could hurt homeowners' ability to sue the failed lender. The company, once one of the country's ...
2008-01-02 03:55:00 -
Rates on Home Mortgages Fall
Wall Street Journal - WASHINGTON -- U.S. fixed-rate home mortgage rates fell to the lowest level in a month, according to a Freddie Mac survey. The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 6.07% in the week ended yesterday, down ...
2008-01-02 03:55:00 -
More consumers paying late on loans
Baltimore Sun - Foreclosures surged to record highs and more homeowners fell behind on their payments during the third quarter of last year, the Mortgage Bankers Association reported last month. A drop in home prices left some people stuck with balances on their home ...
2008-01-04 01:27:00 -
Japanese Stocks Tumble; Topix Has Record Opening-Day Fall
Bloomberg - There's a question mark on exporters because when you can't afford to pay your mortgage, you aren't going to buy that new car,'' said Phillip Capital's Chua. Sony, the world's second-biggest consumer electronics maker, slid 410 yen, or 6 ...
2008-01-04 12:08:00 -
Live & work studios
Chicago Sun-Times - Interested artists who might be overwhelmed by becoming property owners can get advice on the Web site on things like what is involved in applying for a mortgage or what to expect during a home inspection. The site said, "Square Feet Chicago: the ...
2008-01-04 02:03:00 -
ICICI Bond Risk Rises to Six-Week High on Borrowing (Update2)
Bloomberg - The Mumbai-based bank, which borrowed a record $10 billion last year, faces higher funding costs after the U.S. subprime mortgage-market collapse roiled the global credit market. Other Indian lenders, including Industrial Development Bank of India ...
2008-01-04 02:24:00 -
Home owners face 'credit crunch tax'
Daily Telegraph - It discloses that over the past three months the difference between the wholesale cost paid by banks to borrow money and the cost they charge home owners for a mortgage has "increased significantly". The survey also found that "further increases were ...
2008-01-04 02:17:00 -
Brokers Probed by Finra on Mortgage Security Sales, Person Says
Bloomberg - The Financial Industry Regulatory Authority, which polices about 5,100 brokerages, sent letters Dec. 14 to more than a dozen firms that sell collateralized mortgage obligations, a type of security linked to home-loan payments, said the person, who ...
2008-01-03 10:28:00 -
Mortgage approvals still falling
BBC Business - The number of new mortgages being approved for home buying fell again in November, says the Bank of England. Its latest figures show that just 83,000 new mortgages were approved for home buyers last month. That was down from 89,000 in October and was ...
2008-01-04 02:24:00