Mortgage and Financial News From 2007-10-11 Page 14

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  • Overseas Sweatshops Are a U.S. Responsibility

    BusinessWeek - The European Central bank is expected to raise official interest rates. Could ... Mac and Fannie May are getting kudos for cornering the buyback of bad mortgage ... In fact, one might compare these gigantic, unregulated and sometimes subsidized ...
    2007-10-10 02:24:00

  • The Whiting - Flint

    WJRT - This musical play is by Tom Eyen & Henry Krieger. (Note the Flint Community Players's rates will apply to this production) Cost: $18.00 For more information 810-232-9243 Open Auditions! Escanabe in da Moonlight TACA, 102 Joy St. In Caro Sunday, August 5 ...
    2007-10-10 04:30:00

  • Chrysler workers walking out in Twinsburg and across U.S.

    Cleveland Plain Dealer - Check out these cheaper alternatives . • Compare taxi fares in other cities . ... Ted Strickland on Tuesday asked mortgage companies to work harder to prevent people ... Cardholder perks, rewards for use, good rates, no-nonsense billing and few ...
    2007-10-10 09:02:00

  • Make sure emergency cash can be accessed

    Everett Herald - At the top of the Web site, click on the link for "Compare Rates." Under "CDs & Savings," select the option for money market ... And in case you don't know, your emergency fund should include not just your rent or mortgage payment but any expenses for ...
    2007-10-10 11:50:00

  • Make sure emergency cash can be accessed (Everett Herald)

    Krista Swetz and her husband are just a few months away from reaching a money milestone. The Maryland couple will soon have saved the three months' worth of living expenses I'm always telling folks to have stashed away in case of an emergency.
    2007-10-11 12:12:40

  • Pearlstein: Economics and the 2008 Campaign (Washington Post)

    Washington Post business columnist Steven Pearlstein discusses the economic issues of the presidential campaign and press coverage of the candidates' positions.
    2007-10-10 06:10:40

  • Governor Randall S. Kroszner (Federal Reserve Board)

    It is a pleasure to take part in this event. I commend our hosts for bringing together such a broad range of participants and for developing an agenda that addresses issues of great significance to the banking community.
    2007-10-11 07:57:09

  • Countrywide Says Bad Mortgages Rise, New Loans Fall (Update2)

    Bloomberg - Oct. 11 (Bloomberg) -- Countrywide Financial Corp., the largest U.S. mortgage company, said late payments at its servicing unit rose, foreclosures doubled and new loans fell 44 percent as housing sales slowed. Delinquencies as a percentage of unpaid ...
    2007-10-11 07:07:00

  • N.C. Treasurer Seeks Countrywide Probe

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists Opinions Video Blogs E-mail Newsletters People ... Securities and Exchange Commission to investigate the timing of stock sales made by the chief executive of mortgage lender ...
    2007-10-11 08:18:00

  • Beazer to Restate Earnings After Mortgage Unit Probe (Update3)

    Bloomberg - Beazer may have provided reimbursement of losses arising from mortgage defaults. HUD ended the down payment program this month after saying it led to higher prices and more foreclosures for home buyers. The program let ...
    2007-10-11 08:32:00

  • Beazer Probe Finds Accounting Errors

    Street.Com - ... the company's internal probe is over for now, Beazer is still being investigated by the Department of Justice and the Securities and Exchange Commission for its mortgage lending and accounting practices. Beazer also said its fourth-quarter home ...
    2007-10-11 07:14:00

  • Buyer backs out of Douglass National Bank deal

    MSN MoneyCentral - The $60.6 million-asset institution is the only black-owned bank in metropolitan Kansas City. Douglass Bancorp Inc. owns 91 percent of the bank. The remaining 9 percent is owned by Fannie Mae, a federally chartered home mortgage provider. The 24-year ...
    2007-10-11 07:14:00

  • US mortgage foreclosures fall 8.37 pct month-on-month in September

    Forbes - WASHINGTON (Thomson Financial) - The number of home foreclosures reported in the US last month fell 8.37 pct in September from its record high in August, but was still almost double the number of foreclosures a year earlier. There were 223,538 ...
    2007-10-11 04:15:00

  • Home Foreclosures Doubled in September on Loan Rates (Update3)

    Bloomberg - Adjustable-rate mortgages to subprime borrowers, people with limited or weak credit histories, accounted for 7.3 percent of all home loans and 44 percent of all new foreclosures, according to the Mortgage Bankers Association in Washington ...
    2007-10-11 07:50:00

  • Soured Loans Soar at Countrywide

    Wall Street Journal - ... amid the continuing housing market slowdown. As a percentage of unpaid principal balance, delinquent loans jumped to 5.85% in September from 4.04% a year earlier, and foreclosures increased to 1.27% from 0.51%, the nation's largest home mortgage ...
    2007-10-11 08:11:00

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