Mortgage and Financial News From 2008-2-13 Page 4
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Personal Finance Daily -- Feb. 13 (MENAFN)
Personal Finance Daily -- Feb. 13
2008-02-13 04:14:03 -
Carrollton business owner named new DART chair (The Carrollton Leader)
Randall Chrisman, a Carrollton business owner, was named the new chairman of the DART Board of Directors on Jan. 30 after former chairwoman, Lynn Flint Shaw, resigned from her position.
2008-02-13 11:22:16 -
A stimulus supports home loans
Pittsburgh Post-Gazette - Congress's economic stimulus program, the one sending rebates to taxpayers this spring, also included a provision that increases the size of home loans that can be guaranteed through government-sponsored mortgage outfits such as Fannie Mae. But will ...
2008-02-13 09:39:00 -
Standard Pacific Corp. Verifies Receipt of $235 Million Tax Refund
MSN MoneyCentral - The Company provides mortgage financing and title services to its homebuyers through its subsidiaries and joint ventures, Standard Pacific Mortgage, Inc., SPH Home Mortgage, Universal Land Title of South Florida and SPH Title. For more ...
2008-02-13 02:08:00 -
A Moral Dilemma: Should You Lose Sleep Over Investing In a Foreclosed ...
US News and World Report - And just when a person struck by tragedy needs all the comforts of home, a failure to make mortgage payments can lead to endless phone calls and letters from bill collectors, a public auction of the house on the courthouse steps to the highest bidder ...
2008-02-13 09:11:00 -
ON STYLE
Wall Street Journal - ... loose enough to be unrevealing yet not too wide in the legs. A perfectly fitted cardigan conveyed comfortable authority. Now to pay for these clothes ... let's just say that this collection will probably attract few executives from the home-mortgage ...
2008-02-13 08:06:00 -
MBIA Says It's Equipped to Weather Slump, Doesn't Need Bailout
Bloomberg - Feb. 14 (Bloomberg) -- MBIA Inc., the world's biggest bond insurer, said it is equipped to survive the slump in prices of mortgage securities and dismissed suggestions that the industry needs a rescue or stronger federal oversight. ``A bailout of ...
2008-02-13 09:18:00 -
Asian Stocks Advance as Economic Concerns Ease; Toyota Climbs
Bloomberg - Concerns that worldwide economic expansion will slow amid mounting losses related to U.S. subprime-mortgage investments have dragged the benchmark down by 8.8 percent this year. Japan's Nikkei 225 Stock Average jumped 4.3 percent, the ...
2008-02-13 10:15:00 -
UBS Posts Record Loss After $13.7 Billion Writedowns (Update1)
Bloomberg - Rising U.S. subprime-mortgage defaults led to more than $145 billion in writedowns and loan losses at the world's biggest financial companies. The Group of Seven nations estimates the markdowns may swell to $400 billion, German Finance Minister Peer ...
2008-02-13 10:44:00 -
Morgan Stanley to close UK mortgage arm
The Independent - Morgan Stanley is shutting down its UK mortgage lending arm, Advantage Home Loans, with the loss of 160 jobs. The plan, announced to the Cheshire-based workforce yesterday, comes as part of another round of restructuring across the global financial ...
2008-02-13 03:27:00 -
Southern California home sales drop to a 20-year low
Los Angeles Times - Along with those measures, repeated Federal Reserve interest rate cuts have brought mortgage rates to relatively low levels, and home prices have been falling for many months. Rates for 30-year, fixed-rate mortgages are now about 5.6%. All these ...
2008-02-13 10:36:00 -
FBI, SEC Untangling Mortgage Fraud
Washington Post - Wareham, head of litigation for the Paul Hastings law firm, which represents banks and home builders involved in the mortgage probes. "These are not easy cases to understand, but the money is so huge that people are going to want to get to the bottom ...
2008-02-13 10:22:00 -
Why penalize those who work hard? - Chicago Daily Herald
Why penalize those who work hard?Chicago Daily Herald, IL - 45 minutes agoThe "moderately well off" do not receive many free benefits such as financial aid for their kids college, first time home buyers credits like the mortgage ...
2008-02-13 10:15:24 -
Relief fund to assist victims of tornado - commercialappeal.com (subscription)
Relief fund to assist victims of tornadocommercialappeal.com (subscription), TN - 43 minutes agoUtility assistance and rent/mortgage assistance for workers who have been suspended from jobs due to damage to their workplace. ...
2008-02-13 10:16:49 -
Nation briefs - DetNews.com
Nation briefsDetNews.com, MI - 42 minutes agoThe New York investment bank says it will shutter its UK business that issues home loans and scale back mortgage operations in the United States. ...
2008-02-13 10:18:15
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