Mortgage and Financial News From 2008-1-16 Page 19

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  • Melville company offers controversial $1000-down mortgage - Newsday

    Melville company offers controversial $1000-down mortgageNewsday, NY - 1 hour agoMany lenders avoided FHA loans because of all the paperwork, and it was only after the subprime problems that federally backed loans and programs became ...
    2008-01-16 05:14:43

  • Obama promises relief to California homeowners - Sacramento Bee

    Obama promises relief to California homeownersSacramento Bee,  USA - 1 hour agoVowing to crackdown on unscrupulous lenders, he also announced a "credit card bill of rights" to provide disclosure of hidden credit costs and protect ...
    2008-01-16 05:24:12

  • United Way to Help Out PFM Victims - WFMZ-TV Online

    United Way to Help Out PFM VictimsWFMZ-TV Online, PA - 1 hour agoREPORTER: In the meantime, the class action suit against the lenders continues to move forward, but likely with more of a divide and conquer strategy. ...
    2008-01-16 05:30:12

  • Japanese Stocks Rise on Weaker Yen; Property Developers Gain - Bloomberg

    Japanese Stocks Rise on Weaker Yen; Property Developers GainBloomberg - 51 minutes ago... the third-worst performing industry group, as increasing mortgage defaults in the US boosted credit-market losses and weighed on lenders' profits. ...
    2008-01-16 05:52:54

  • Mortgage crisis deserves a better fix - Tracy Press

    Mortgage crisis deserves a better fixTracy Press, CA - 40 minutes agoIt is a vicious cycle exacerbated by inconsistent state laws on mortgage default and foreclosure and inconsistent policies of mortgage lenders and servicing ...
    2008-01-16 06:04:02

  • Local mortgage workers facing more job cuts - San Jose Mercury News

    Local mortgage workers facing more job cutsSan Jose Mercury News,  USA - 37 minutes agoAt least 10 banks or mortgage lenders have filed reports with state labor officials that sketch their latest intentions for employment reductions in the ...
    2008-01-16 06:06:50

  • Melville company offers controversial $1,000-down mortgage (Newsday)

    Who'd take $1,000 down for a house?
    2008-01-16 05:32:18

  • Melville company offers $1,000-down mortgage (Newsday)

    Who'd take $1,000 down for a house?
    2008-01-16 05:47:32

  • Japanese Stocks Rise on Weaker Yen; Property Developers Gain (Bloomberg.com)

    Jan. 17 (Bloomberg) -- Japanese stocks advanced for the first time in five days, led by exporters, after the yen weakened against the dollar, boosting the value of companies' overseas sales.
    2008-01-16 06:01:51

  • Local mortgage workers facing more job cuts (Contra Costa Times)

    The early months of 2008 are expected to unleash more pain for a mortgage industry that has disclosed plans to shed more than 1,600 jobs in California.
    2008-01-16 06:13:34

  • Wealthy may be next in line in U.S. home crisis (Reuters via Yahoo! News)

    A house in this wealthy Chicago suburb is far beyond the reach of most Americans.
    2008-01-16 06:15:28

  • EXTRA: (Las Cruces Sun-News)

    For more stories from the 2008 legislative session, click here.
    2008-01-16 06:29:43

  • Bill Clinton Calls For Foreclosure Aid In Oakland (CBS 5 Bay Area)

    Former President Bill Clinton, surrounded by Oakland Mayor Ron Dellums and other East Bay political leaders, said Wednesday that the federal government needs to help cities bail out homeowners facing foreclosure before the national economy unravels from a mortgage crisis that has more unsuspecting victims than villains.
    2008-01-16 06:43:35

  • New Zealand's Retail Sales Probably Rose 0.7% on Higher Prices

    Bloomberg - Reserve Bank Governor Alan Bollard raised the benchmark interest rate four times last year to 8.25 percent to curb demand and combat inflation. Sales in the fourth quarter were probably little changed after adjustment for higher prices, adding to ...
    2008-01-16 03:39:00

  • N.Z. Dollar Extends Gain After Report Shows Faster Inflation

    Bloomberg - Jan. 17 (Bloomberg) -- New Zealand's dollar rose after a government report showed inflation accelerated faster than expected, boosting speculation the central bank will have to keep the benchmark interest rate at a record high. New Zealand's dollar ...
    2008-01-16 02:13:00

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