Mortgage and Financial News From 2008-3-9 Page 11

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  • House passes bill that would help banks recoup charges (The Daily Record)

    ANNAPOLIS — The House of Delegates on Friday passed a bill that would make it easier for banks to recoup charges from borrowers who pay their “no cost” mortgages before the end of their loan term.
    2008-03-09 04:25:08

  • Voters To Decide Tuesday Whether To Raise Taxes (The Morning News)

    BENTONVILLE -- Voters who want a second Bentonville high school or who oppose spending money to build more schools amid economic uncertainty can have their say Tuesday.
    2008-03-09 02:47:24

  • Should You Unlock Capital From Your Home? (The Motley Fool)

    Does it make sense to borrow more money against your home?
    2008-03-09 03:37:53

  • A Risky Way To Reduce Debt (The Motley Fool)

    Withdrawing equity from your home may seem like a cheap, an easy way to borrow, but watch out for the pitfalls.
    2008-03-09 04:08:52

  • The Role Of Race In The Mortgage Mess (CBS News)

    A Federal Reserve study found that 55 percent of blacks and 17 percent of whites were steered to sub prime mortgages, even when they qualified for lower interest rates. Randall Pinkston reports.
    2008-03-09 03:59:08

  • Gov. Jindal's speech to open special legislative session (New Orleans Times-Picayune)

    Gov. Bobby Jindal is addressing the Legislature tonight. Here is the speech he is delivering to open the Legislature's special session. This text was provided by the Governor's Office.
    2008-03-09 04:25:55

  • Realtors look to spring for housing market spur (Scottsbluff Star-Herald)

    The number of houses on the market going into the spring selling season is lower this year. Lenders and Realtors point to national stories about a foreclosure and real estate crisis as possible reasons that people may be reluctant about placing their house on the market.
    2008-03-09 02:57:35

  • Reuters Business Summary (Reuters via Yahoo! Malaysia News)

    FBI starts criminal probe into Countrywide, reports NY Times
    2008-03-09 03:12:30

  • Experts Advise Homeowners to Seek Help to Avoid Foreclosure (KATV Little Rock)

    Homeowners in fear of losing their homes to foreclosure should be ready to seek assistance, but officials say they should be wary of scams that could make their predicament worse.
    2008-03-09 03:18:42

  • Higher loan limit could lift market (The Daily Record)

    Robert Nusgart said the buyer’s market for houses just got even better for buyers.
    2008-03-09 04:24:11

  • Blankfein Loses Wall Street Halo as Estimates Show Luck Fleeing (Bloomberg.com)

    March 10 (Bloomberg) -- Lloyd Blankfein , who helped make Goldman Sachs Group Inc. the most profitable firm in Wall Street history, is about to show investors why it's better to be lucky than smart.
    2008-03-09 04:25:16

  • Euro Rate Surges as Euribor Hits Seven-Week High (Update6)

    Bloomberg - Money-market rates are rising as banks hoard cash after at least $188 billion in credit losses and writedowns linked to the U.S. subprime-mortgage collapse since the beginning of 2007. ... for dollars fell 5 basis points to 2.94 percent, the lowest ...
    2008-03-07 10:42:00

  • Crash course that’s hard to drive home

    Times Online - We are not talking about down-and-outs or people with the lowest incomes. ... THE ever-innovative Cooperative Bank has seized on a rare conjunction of interest rates to offer mortgage borrowers a tantalising ...
    2008-03-08 01:04:00

  • House prices show modest increase

    Financial Times - The three months through January were the lowest monthly growth rates seen in more than three years. ... in the funding markets in terms of the increased price and reduced availability of a wide range of mortgage ...
    2008-03-07 06:13:00

  • Stocks Mixed after Gloomy Jobs Report

    BusinessWeek - The numbers puts new pressure on the Federal Reserve to cut rates by 50 to 75 ... Primary dealers can deliver Treasury, agency debt, or agency mortgage-backed ... high of $105.97 per barrel on Thursday on after the U.S. dollar sank to its lowest ...
    2008-03-07 07:22:00

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