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- EDITORIAL: Avoiding Foreclosures: A hometown solution 7 Jul 2008 00:31 GMT
... in the Senate would create a multibillion-dollar fund to help 400,000 homeowners refinance costly mortgages into more affordable loans backed by the government. The House has already approved a similar bill. ...
- Gloomy times ahead for world economy 7 Jul 2008 00:13 GMT
... news, it is easy to conclude that the woes that began with the sub-prime mortgage crisis in the United States are far from over. Instead, the problems have migrated from the ...
- McCain, Obama clash on Va. issues: One big difference is drilling off shores of Va., other states 6 Jul 2008 23:32 GMT
... tax cuts, which are scheduled to expire in 2010. He would create a new mortgage plan to allow hard-pressed homeowners to retire the existing loan and replace it with a loan ...
- Housing braces for further pain 6 Jul 2008 23:31 GMT
... pain to home owners across the nation? As our spare cash disappears into home mortgages and petrol tanks, our need to sell up could grow. Morgan Stanley strategist Gerard Minack sees ...
- Beware hits from bricks and mortar 6 Jul 2008 23:31 GMT
... may fall, given for example that in Japan it is possible to get a mortgage loan through NAB Hong Kong at an interest rate of 1.5 per cent a year. "You ...
- Housing market up as land sales reopened to foreign investors 6 Jul 2008 23:31 GMT
... also eyeing legal developments allowing foreign investors to purchase real estate in Turkey. Garanti Mortgage General Manager Cemal Onaran said foreign interests must be permitted to invest in real estate ...
- McCain goes to church, visits VA hospital 6 Jul 2008 23:31 GMT
... candidates John McCain and Barack Obama envision the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have difficulty refinancing into more secure government-insured loans with lower ...
- Obama takes day off campaign trail in Chicago 6 Jul 2008 23:31 GMT
... candidates John McCain and Barack Obama envision the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have difficulty refinancing into more secure government-insured loans with lower ...
- BoI silent on bid speculation 6 Jul 2008 23:31 GMT
... Bank of Ireland is refusing to comment on speculation that its British-based mortgage lending division, Bristol & West, might be the subject of a bid by British financial ...
- Focus on food, fuel and finances 6 Jul 2008 23:30 GMT
... but oil importing countries seemed to be coping well enough. And as for sub-prime mortgages, plenty of people had never heard the term. A year later and how the situation ...
- Scrutineer: Take your place for doomongers' ball 6 Jul 2008 23:30 GMT
... No62 after such equity stalwarts as Monks Investment Trust, Templeton Emerging Markets and Scottish Mortgage. And over five years, PAT has grown by just 37 per cent compared with 134 per ...
- Axe set to fall on 1,000 jobs as housebuilding woes deepen 6 Jul 2008 23:30 GMT
... firms are keen to see the government take action to inject liquidity into the mortgage market and kick-start activity among buyers. It seems increasingly likely that an announcement on the crisis ...
- U.S. moves to make securities rules more consistent with practices abroad 6 Jul 2008 23:30 GMT
... some important areas. They enable companies, for example, to provide fewer details about the mortgage-backed securities, derivatives and other financial instruments at the center of today's U.S. housing crisis, which ...
- Merrill Lynch discussing sale of Bloomberg stake 6 Jul 2008 23:30 GMT
... help shore up its balance sheet, which has been ravaged by bad bets on mortgages. Last month, William Tanona, an analyst at Goldman Sachs, forecast that Merrill would take a $4.2 ...
- Financial market losses could top 1,600 billion dollars: report 6 Jul 2008 23:30 GMT
... funds, based its calculations on the state of risky debt-based US assets, such as mortgages, credit and credit card demands. The value of such risky assets is 26,600 billion dollars, ...
- The Baltimore Sun Eileen Ambrose column: In tough times, make your 401(k) a priority 6 Jul 2008 23:17 GMT
... the story recently about a Pennsylvania woman who had to choose between paying her mortgage or heating her home in the winter. She chose warmth -- and is now losing her ...
- Citigroup to dismantle global empire 6 Jul 2008 23:15 GMT
... total will be reached by the bank winding down parts of its huge US mortgage business. And he is putting businesses up for sale. In a conference call with shareholders ...
- National's probation period 'completely daft' 6 Jul 2008 22:51 GMT
... then this is the way to do it. How can anyone with a family, mortgage, or other financial commitments afford to risk a career move that may see them potentially unemployed ...
- Confusion over UK rules on shorting 6 Jul 2008 22:51 GMT
... putting their capital raisings in danger - particularly HBOS and Bradford & Bingley, the mortgage lenders. Both banks closed below the rights issue price on Friday, leaving underwriters facing the ...
- Detroit Free Press Susan Tompor column: $4 gas is forcing late car payments 6 Jul 2008 22:51 GMT
... housing market turns around. After all, many overstretched consumers may try to pay the mortgage before making a car payment -- especially if that car is an SUV or truck that's ...
- Americans' unhappy birthday: 'Too much wrong right now' 6 Jul 2008 22:31 GMT
... tour in Iraq. Another speaks of a daughter who's lost her job in the mortgage industry and a son in construction whose salary was slashed. Still another mentions a friend ...
- Becoming the Creative Minority 6 Jul 2008 22:31 GMT
... that advocated for by Brent Scowcroft and others. And what about the economy, the mortgage crisis or the price of gasoline? Does anybody think a President McCain will manage the economy ...
- The face looks almost familiar... Ryan Moore stresses racing's biggest snag 6 Jul 2008 22:30 GMT
... not led to fame Moore, after all, is already a champion jockey with a mortgage on this year's title and one of the most talented riders of his generation. But he ...
- Celtic tiger's high-tech run tails off 6 Jul 2008 22:30 GMT
... countries. People who bought houses in the last few years with near-100 per cent mortgages could find they themselves in negative equity. That could affect bank profits as bad debts increase. ...
- Mittal move could raise questions 6 Jul 2008 22:30 GMT
... one syllable what a CDO is’, or ‘Why would you want to put subprime mortgages on your balance sheet?’ ” says Andrew Lowenthal, global head of the financial services team at Egon ...
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