Mortgage and Financial News From 2007-9-29 Page 01
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Business Minute: Good quarter...Job report due...September auto sales ...
WDAM-TV - This Week in House and Home House & Home Main Today's Mortgage Rates In the Know Movie Listings Personal Finance This Week in Money ... The online-only facility was shutdown on Friday by federal regulators, seen as a casualty of mortgage defaults. It is the ...
2007-09-29 08:32:00 -
Commercial mortgage strategies (The News-Press)
By far, the most frequently asked question that a commercial mortgage professional receives is, "what is your best (implying lowest) interest rate?"
2007-09-29 10:50:17 -
Homebuyers feel the pinch as rates rise (The Observer)
As the impact of the credit crunch hits the mortgage market, lenders have begun to withdraw products and tighten the criteria needed to take out loans that stretch borrowers' ability to pay.
2007-09-29 05:11:28 -
Their stories: ‘I was sick at my stomach’
Charleston Gazette - ... For seven years, 78-year-old Jerry Davis made payments on a $36,700 mortgage he and his late wife took out on their home ... thought he had an escape hatch. “It was written into my contract that, if the payments got to be too much, I could refinance.
2007-09-29 08:50:00 -
Recipe for foreclosure: Fraudulent mortgages devastate home-loving ...
Charleston Gazette - Web Tools: [ print ] [ email ] Recipe for foreclosure: Fraudulent mortgages devastate home-loving West Virginians and fuel ... If they did know, they’d been told they could automatically refinance, and that did not happen.” Nowhere in the contract ...
2007-09-29 09:11:00 -
James Gaskin's blog
Network World Fusion - Unfortunately, the credit mortgage mess will continue to depress job growth, since new homes stimulate many small businesses ... Bad things happen in both cases. My dentist says people floss quite a bit right before an appointment trying to make up ...
2007-09-24 05:57:00 -
Time to Move On?
Washington Post - The fact that we're all debating the MoveOn ad two weeks after it ran suggests that the organization more than got its money's worth--even though the price just jumped from $65,000 to $142,000. That's because, as I noted yesterday, MoveOn agreed to ...
2007-09-25 06:00:00 -
02. Thomas Kostigen's Ethics Monitor: Ingredient labels for water? The ...
Marketwatch - 09. China ups mortgage rates, down payments to cool prices 11:30 PM ET, Sep 27, 2007 - By MarketWatch - 2 hours ago HONG KONG ... We both have bad credit and we have been working on repairing mine first because it isn't as bad and will repair sooner. We ...
2007-09-27 11:01:00 -
A guide to consolidating your debts
MyFinances.co.uk - ... See a list of the current Abbey Mortgages. Abbey Mortgages can be some of the most cost efficient mortgages on the market. Bad Credit Remortgage Loan What You Must Know Before Applying for a Bad Credit Remortgage Loan. Professional mortgage advice for ...
2007-09-29 09:25:00 -
The Shadow of Debt
Washington Post - ... ghost town, largely because a swarm of speculators, real estate agents, mortgage ... wanted to own a home, you needed a down payment and some semblance of a good credit ... They did, and predictably, the loans went bad. Borrowers managed to pay the ...
2007-09-29 08:50:00 -
Chronology of 2007 credit crunch
DAWN Group - HSBC says more funds will have to be set aside to cover bad debts in its US subprime lending portfolio ... S&P slashes ratings on some top-rated mortgage bonds by eight notches. July 26: Credit spreads leap above 380 bp as loan deals for some key ...
2007-09-29 09:33:00 -
Carroll: Credit companies thrive on consumers' carelessness
Athens Banner-Herald - The situation has gotten so bad that a documentary titled "Maxed Out" has been ... credit card companies continue to offer credit to people who are no longer credit worthy. When we place this dubious practice side-by-side with the subprime mortgage ...
2007-09-29 09:11:00 -
Credit Crisis Could Dash Hopes for a Fall Rally (New York Times)
After suffering through a nerve-racking third quarter, investors are counting on a little help from the calendar.
2007-09-29 12:56:29 -
Many factors contribute to one's credit score (The Advocate)
Your credit score can get you approved or a turn down for many things. How does it affect someone?
2007-09-29 04:02:00 -
Central bank: China to further rein in credit growth (Eastday.com)
The policy makers of China's central bank said at their third quarterly meeting that the country should carry out "moderately tightening" monetary policies to further rein in credit growth.
2007-09-29 07:36:43