Mortgage and Financial News From 2007-12-19
Previous Day: 2007-12-18
Return to the mortgage news archive home.
Page: 1 - 20 21 22 23 24 25 26 27 28 29 30
31 32 33
-
Subprime fiasco probably hasn't tainted money market funds
Charlotte Sun-Herald - Dear Mr. Berko: I'm driving myself to drink with worry about this subprime problem and the possibility that it might collapse my broker's money market fund. I've got $106,000, which is one-third of my portfolio, in this fund and if it goes down the ...
2007-12-19 08:48:00 -
US MBA Mortgage Survey Table Of Unadjusted Data
FXStreet.com - US MBA Mortgage Survey Table Of Unadjusted Data Unadjusted data for week ending 12/14/2007 Composite Index ... Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations ...
2007-12-19 03:55:00 -
Florida state of mind could set tone for U.S.
Chicago Tribune - Leading economists say the Tampa economy is one of the likeliest in the nation to slip into decline in 2008, and they give Florida—along with California, Arizona, Nevada and several other states socked hardest by America's mortgage woes—a 50 ...
2007-12-17 03:53:00 -
CML: 'Break down cross-border barriers'
MyFinances.co.uk - Average mortgage fees have almost doubled in the last two years to over £800 - up from £441 two years ago. More... Mortgage advice sought from friends' recommendations Almost two-thirds of Britons rely on their on their friends and family ...
2007-12-19 02:50:00 -
Movers: Morgan Stanely, Palm, Take-Two, Darden
BusinessWeek - The additional $5.7 billion writedown of U.S. subprime and other mortgage related exposures in November, and the $3.7 billion ... Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of ...
2007-12-19 08:48:00 -
Strict reverse mortgage code 'should be law'
New Zealand Herald - A strict new code of practice governing the reverse mortgage industry looks set to become law. In her 2007 Review of Retirement ... Legal and financial advice be mandatory before a client takes on an equity release product. * Equity release loans be legally ...
2007-12-19 08:19:00 -
Mortgage Expert: Use Equity as Safety Net During Sub Prime, Liquidity and Credit Crises - Says Declining Market, New ... (PRWeb via Yahoo! News)
The words "sub prime meltdown," "liquidity crisis" and "credit crunch" have made headlines for weeks, but will any of this affect you? Paul Haarman, vice president of Renaissance Mortgage, says that based on the current trends in the industry and a minimum credit score hike that is expected to take affect on Jan. 1, his answer is a resounding "yes."
2007-12-18 11:01:00 -
Mortgage Expert: Use Equity as Safety Net During Sub Prime, Liquidity and Credit Crises - Says Declining Market, New ... (PRWeb)
The words "sub prime meltdown," "liquidity crisis" and "credit crunch" have made headlines for weeks, but will any of this affect you? Paul Haarman, vice president of Renaissance Mortgage, says that based on the current trends in the industry and a minimum credit score hike that is expected to take affect on Jan. 1, his answer is a resounding "yes." (PRWeb Dec 19, 2007) Post Comment:Trackback ...
2007-12-19 12:39:28 -
Strict reverse mortgage code 'should be law' (The New Zealand Herald)
A strict new code of practice governing the reverse mortgage industry looks set to become law.
2007-12-19 08:40:28 -
Advice without drama (Ararat Advertiser)
At several times in our lives we need financial advice. Whether it is to review an investment strategy, pay off the mortgage more quickly or choose an appropriate retirement product, the result will depend on the quality of advice you receive.
2007-12-18 09:27:55 -
Catholics must stand together
Atlantic City Press - The current administration was fully aware of the mortgage-insurance companies lending out money to people who couldn't afford it. This has been going on for more than five years. Now they want to bail them out. President Bush tried to make himself ...
2007-12-19 03:55:00 -
Congress votes to extend terrorism insurance program
Baltimore Business Journal - Energy bill passes in House [Houston] U.S. House approves workplace protections [Portland] House overrides flood-control veto [Sacramento] Government, banks work toward subprime relief [Houston] Mortgage servicers back national effort [Columbus] The ...
2007-12-19 07:29:00 -
Key provisions of the Fed mortgage plan
International Herald Tribune - _Restrictions on penalties for paying off a mortgage early. _Requirements to set aside money to pay for property taxes and homeowners' insurance. _Showing proof of income when seeking a home loan. _Prohibiting certain types of misleading or deceptive ...
2007-12-18 05:03:00 -
Big banks in talks to bail out bond insurer
Chicago Tribune - Officials from Merrill Lynch, Bear Stearns and other major banks are in talks to bail out a struggling bond-insurance company that has guaranteed $26 billion in mortgage securities, according to two people briefed on the situation, because the ...
2007-12-18 11:51:00 -
Fitch Lowers Fifth Third Bancorp's Individual Rating to 'B'; Outlook ...
Forbes - FITB recently announced actions taken in response to deteriorating trends in its home equity, commercial construction, and commercial mortgage portfolios, and declining values in some of the bank-owned life insurance (BOLI) investments. These actions ...
2007-12-19 07:29:00