Mortgage and Financial News From 2008-2-27 Page 3

Previous Day: 2008-02-26

Return to the mortgage news archive home.

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40

• FTI holds forth in turbulent '07

  Baltimore Sun - Baltimore-based First Mariner Bancorp suffered as loans it made to people with less-than-perfect credit went bad and its stock plunged 69 percent. Municipal Mortgage, also based in Baltimore and better known as MuniMae, was down 54 percent as ...
  2008-02-24 03:57:00

• New-home sales down 3rd month in row

  AZCentral.com - WASHINGTON - In more bad news for the beleaguered housing industry, sales of new ... believe that housing activity has further to fall as a tidal wave of mortgage ... be able to back, thus making more mortgages available to combat the current credit ...
  2008-02-27 07:07:00

• HBOS slides but remains positive

  Daily Telegraph - ... of Halifax, saw its shares tumble 7pc after being hit by higher funding costs amid the credit ... Mortgage impairments were minimal at just £28m and unsecured bad debt provisions were down from £690m to £576m.
  2008-02-27 03:53:00

• HBOS is still in an uncomfortable place

  Daily Telegraph - ... to be had in Britain's mortgage market, the credit crunch is an "opportunity", and the future gives him "real confidence". Hang on. Isn't this banking he's talking about?
  2008-02-27 04:43:00

• Half-Right Reich: Real Problems, Nitwit Solutions

  American Economic Alert - ... the 1990s, and even faster from 2002 to 2006 during the subprime and easy money boom, many people refinanced home mortgages or ... transnational business firms who are in bed with the Chinese, but it is essential for the United States if it is to reverse ...
  2008-02-25 12:11:00

• Mortgage brokers 'holding on'

  Baltimore Sun - Rates on 30-year fixed-rate mortgages dropped last week to the lowest level in nearly four years. Borrowers who are in the ... He says he and his wife, Pati, would have been better off with a reverse mortgage, commonly used by retirees. "No one even ...
  2008-02-24 11:42:00

• For distressed homeowners, it could be worse

  Record Searchlight - 60% of the mortgages in the US during 2005-2006 were adjustable. There is a whole new wave of resets and foreclosures coming. ... So you would need a 14% increase to reverse that 7% decrease. Fun with numbers!
  2008-02-26 03:55:00

• Laurentian Bank reports net income of $19.1 million for the first ...

  CNW Group - In order to fund its strong loan growth, the Bank securitized $399.4 million of residential mortgages during the quarter ... million at January 31, 2008 (representing -0.03% of total loans, bankers' acceptances and assets purchased under reverse ...
  2008-02-27 06:35:00

• News at a Glance

  Smart Money - Stocks reverse ground, turn mixed. Ben Speaks: Cites risks to growth; Fed will act as needed. ... For home buyers, we believe this drumbeat, coupled with concerns over mortgages, the direction of home prices, and ...
  2008-02-27 11:57:00

• UPDATE: HBOS Profit Up 4% As Charges, Weaker Margin Limit Gains

  CNN Money - ... reflects competitive pressure in the first half of the year and the higher cost of wholesale funding for its mortgages in the ... But HBOS said it hasn't incurred any credit impairments, so both the charges should reverse out over time.
  2008-02-27 01:27:00

• Seniors learn to stay healthy

  Riverside Press Enterprise - Reverse mortgages, diabetes education and Braille Institute services were just a few of the topics offered at various tables set up in the clubhouse.
  2008-02-25 03:56:00

• The Danger in 'Senior' Inflation

  Wall Street Journal - Via reverse mortgages, many also may want to tap into their homes' values in the years ahead. If "senior" inflation continues to run well ahead of general inflation, it could raise two extra problems, even for those who are a long way from retirement
  2008-02-26 04:09:00

• Gautam Bhardwaj: A dignified retirement for the above-50s

  Business Standard - Till pension reforms take off, reverse mortgages are the best way to help those about to retire. PFRDA, India’s new pension regulator, has recently appointed UTI, LIC and SBI as pension fund managers and NSDL as the record keeper for the New ...
  2008-02-27 10:31:00

• Stocks Finish Mixed in Choppy Session

  Newsday - NEW YORK - Wall Street finished mixed in another seesaw session Wednesday after regulators allowed Fannie Mae and Freddie Mac to buy more mortgages and Federal Reserve Chairman Ben Bernanke said the central bank will remain vigilant about the ...
  2008-02-27 01:16:00

• can help seniors

  Daily Herald - Reverse mortgages should be a last resort. I'll bet this person is a loan officer somewhere trying to drum up business. Most likely. Reverse mortgages remove inheritance for their posterity, as well as not accounting for what happens if your lifespan ...
  2008-02-27 07:25:00

Page:  01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
 16 17 18 19 20 21 - 40