Mortgage and Financial News From 2008-8-16 Page 11
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Banks cut interest rates on term deposits - News.com.au
i don't buy the banks' argument that they need to increase mortgage rates / decrease savings interest / increase fees, due to the overseas credit crunch. Why, Mr Overpaid Bank Chairman, should I pay for YOUR pathetic investment judgement? Are you ...
2008-08-15 07:15:00 -
Worries batter mortgage giants - Baltimore Sun
The speculation swirling around mortgage giants Fannie Mae and Freddie Mac - whether they're in danger, whether the government might have to take them over - is one more blow to an already battered housing market. With jittery investors sending ...
2008-08-16 04:48:00 -
Plenty of bad economic news - but no outrage (Tucson Citizen)
WASHINGTON - Two giant mortgage companies get into hot water over risky investments. The government steps in to throw them a lifeline should they need it.
2008-08-16 12:00:20 -
County jobless rate reaches 13-year high (San Diego Union-Tribune)
Unemployment in San Diego County rose to its highest level in nearly 13 years last month, as job losses spread from construction firms and real estate brokerages into furniture stores and car lots.
2008-08-16 03:16:49 -
Asian Stocks Drop for a Third Day, Led by Tokyu Land; BHP Gains - Bloomberg
Aug. 14 (Bloomberg) -- Asian stocks fell, led by financial companies, after condominium builder Urban Corp. filed for bankruptcy and Merrill Lynch & Co. said the credit crisis isn't over. Commodity producers gained after oil and metal prices rose ...
2008-08-12 05:53:00 -
NexCen Brands Restructures Bank Credit Facility - Businesswire.com
NEW YORK--( BUSINESS WIRE )--NexCen Brands, Inc. (NASDAQ: NEXC), today announced that the Company, and its subsidiaries who are borrowers under the facility, completed a restructuring of its bank credit facility by entering into amended and restated ...
2008-08-15 02:36:00 -
No Docs (New York Times)
A sub subprime glossary for the mortgage scandal.
2008-08-15 10:00:07 -
Foreclosure pinching Tallahassee (Tallahassee Democrat)
Foreclosure. It's the word no one wants to utter these days. The process — or the possibility of it — has become a reality for many Big Bend residents in the wake of last year's credit crunch.
2008-08-15 11:07:02 -
July's median home price: $607,500 (Santa Cruz Sentinel)
Nearly four out of 10 single-family homes sold for less than $500,000 in Santa Cruz County in July, as buyers took advantage of falling prices.
2008-08-16 02:04:30 -
Boesen widow: I didn’t know about business deals (The Des Moines Register)
Ed Boesen’s widow told a judge Friday that she knew nothing about her husband’s business and financial dealings even though she co-signed a $3.5 million loan that’s now in default.
2008-08-16 02:12:29 -
Miami-Dade Man Dies After Being Tasered (WJXT Jacksonville)
MIAMI -- A Miami-Dade man is dead after being repeatedly shocked by a Taser stun gun. Police say 45-year-old Kenneth Oliver showed up at a friend's home early Friday morning, shouting and banging on the front door.
2008-08-16 04:29:45 -
Players Compete In Pokemon Championship In Orlando (WFTV 9 Orlando)
ORLANDO, Fla. -- Players from more than 20 countries are in Orlando competing in the Pokemon Trading Card Game World Championships. More than $100,000 in scholarship money is up for grabs. Winners in each division will take home a trophy, $7,500 scholarship and Pokemon gear.
2008-08-16 04:56:40 -
Research Brief on the Ukrainian Banking Market for 2008 - 2010 - Forbes
Research and Markets (http://www.researchandmarkets.com/research/3622b3/banking_market_in) has announced the addition of the "Banking Market In Ukraine 2008-2010 - Research Brief" report to their offering. The report: "Banking Market In Ukraine 2008 ...
2008-08-16 12:09:00 -
Indian Rocks Beach apartment residents named in foreclosure action - St. Petersburg Times
INDIAN ROCKS BEACH — Homeowners and real estate investors are not the only ones affected by the rising number of foreclosures and bankruptcies, as a group of apartment renters are now learning the hard way. More than a dozen, often angry people ...
2008-08-16 01:28:00 -
Getting a mortgage during the credit crunch - News.com.au
Have your Say Add your comments or read what others are saying Read this article online at: http://news.com.au//heraldsun/money/story/0,26887,24156835-5017243,00.html Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us ...
2008-08-13 05:59:00