Mortgage and Financial News From 2008-1-4 Page 8

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  • RI, Mass. To Track Mortgage Sellers - Turn to 10.com

    RI, Mass. To Track Mortgage SellersTurn to 10.com, RI - 5 hours agoPaul Cappello, senior vice president at Pawtucket Credit Union, supports the regulations, which do not apply to banks and credit unions, but to mortgage ...
    2008-01-04 03:40:51

  • Year in review: Reasons for hope - Bend Weekly

    Year in review: Reasons for hopeBend Weekly, OR - 4 hours agoTypically, the bad news tended to obscure the good, a kind of Gresham's Law of international affairs. The tragic assassination of Benazir Bhutto undeniably ...
    2008-01-04 04:16:34

  • Predictions, Guesses, and Complete Fantasies for 2008 - HoweStreet.com

    Predictions, Guesses, and Complete Fantasies for 2008HoweStreet.com, Canada - 1 hour agoI would say that the structural decline for the US Automakers is quite pronounced...and it looks to me that another sub prime/ mortgage meltdown tentacle ...
    2008-01-04 07:40:11

  • Borrower fraud getting attention - Seattle Post Intelligencer

    Borrower fraud getting attentionSeattle Post Intelligencer - 28 minutes ago18, The Washington Post ran a story about an investigation into mortgage fraud in one Virginia subdivision and cited an FBI report that put the extent of ...
    2008-01-04 08:24:50

  • R.I., Mass. To Track Mortgage Sellers (NBC 10 Providence)

    Rhode Island and Massachusetts are taking part in a new system to keep track of mortgage sellers. It's designed to prevent unscrupulous brokers from moving from company to company or from state to state.
    2008-01-04 03:54:56

  • Regions Financial's Write-Down Blues (Forbes)

    The largest regional bank in the Southeast sets aside more cash for bad loans.
    2008-01-04 04:27:06

  • Investors have four major concerns for 2008 (The Providence Journal)

    The economy, corporate earnings, the financial system and the election all are huge question marks
    2008-01-04 07:38:52

  • 'A mixed year': 35 state companies lost, 25 gained in the stock market (Wisconsin State Journal)

    If you invested in Wisconsin stocks in 2007, you may have ended the year with less money than you started with. Of 60 state companies that sell their stock on Wall Street, 35 lost ground and 25 saw gains. As a group, they ended 2007 down 3.1 percent even as most major national stock indices rose. Mining equipment and crane manufacturers - such as Bucyrus International, Joy Global and Manitowoc ...
    2008-01-04 08:17:44

  • Digest: Spacehab back in compliance with Nasdaq rules

    Stockhouse Canada - In November, Spacehab shareholders approved a 1-for-10 reverse stock split to boost share prices to the required minimum ... the world's largest money manager for institutions, cleaned house on Thursday after investments tied to subprime mortgages ...
    2008-01-03 11:25:00

  • Bush weighs stimulus package to put economy back on track

    Economic Times - ... jumped, prompting the Bush administration to broker a mortgage industry plan to freeze rates temporarily on some mortgages ... Bush made clear he would oppose any attempts to reverse some of the tax cuts his administration has put in place. “I ...
    2008-01-04 02:34:00

  • Australian banks move to lift interest rates to retain profits

    News.com.au - The NAB will increase the rate on its standard variable mortgages by 0.12 per cent to 8.69 per cent, adding $17 a month to ... This is the Howard Government's legacy to all of us and it will take some time to reverse the trends they so heroically set ...
    2008-01-04 05:52:00

  • Lumber industry awaits a rebound

    Chicago Tribune - After problems with sub-prime mortgages began to show up last year, troubles with other mortgages and house valuations ... Even U.S. government intervention to slow the rate of foreclosures may not be enough to actually reverse the trend until ...
    2008-01-04 05:30:00

  • Housing market 'correcting not crashing'

    MyFinances.co.uk - The downbeat economic picture painted by the Bank of England is unjustified and all we are experiencing is a correction. That is according to the Intermediary Mortgages Lenders Association (IMLA) which is attempting to reverse the negative tone of ...
    2008-01-04 05:44:00

  • Johnson listens to health care concerns

    Argus Leader - Johnson also said he supports lifting the cap on reverse mortgages so people hard hit by health and other expenses "can access the equity in their home in a secure manner." Bob O'Connell of the Sioux Falls Area Chamber of Commerce says for the past ...
    2008-01-03 11:47:00

  • Mortgage lending is at its lowest since 2005

    Daily Mail - Just 83,000 new home loans were approved for people buying a property during November 2007 THE number of new mortgages approved by lenders has fallen to a three-year low. Just 83,000 loans were cleared in November, signalling a 'sharp reverse' in the ...
    2008-01-04 03:39:00

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