Mortgage and Financial News From 2008-8-16 Page 12

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  • Capital Alliance Income Trust Reports Second Quarter 2008 Earnings and ... - MSN MoneyCentral

    Capital Alliance Income Trust Ltd. ("CAIT") (AMEX: CAA), a specialty lender organized as a real estate investment trust ("REIT"), filed its 10-Q on August 14, 2008 reporting net income of $2,098 ($0.01 basic and diluted per share) for the three ...
    2008-08-14 04:07:00
  • Fellow British Columbians - Stand by for a further increase in taxes. - Globe and Mail

    Jim Terrets from Vancouver, writes: Oh what a great idea -- grab more taxpayer money and give to the government bureaucrats and the friends of Gordon Campbell who'll get paid $350,000 a year plus expenses for 'administering' these expanded Olympic ...
    2008-08-16 01:35:00
  • Breaking up big banks questioned as losses mount - Forbes

    America's biggest banks have suffered unprecedented losses from the ongoing credit crisis, and that's made some investors question whether the big financial conglomerates should be broken up in order to survive. Break-up advocates, who for months ...
    2008-08-15 10:14:00
  • If you blinked, you missed some wacky business news - St. Petersburg Times

    Covering the news of business and sports these days is increasingly alike. Take your eye off the subject and, in the blink of a Carlos Pena home run, you've missed the economic play of the day. That's how it felt this past week, with some head ...
    2008-08-16 01:20:00
  • Mortgage rates hold steady again - CNN Money

    NEW YORK (CNNMoney.com) -- Rates on 30-year mortgages remained unchanged for the second consecutive week as this week brought a mixed bag of economic readings. Government-sponsored mortgage finance giant Freddie Mac ( FRE , Fortune 500 ) reported ...
    2008-08-14 07:35:00
  • Milwaukee’s Lincoln Village is a Polish and Latino melting pot (Milwaukee Journal Sentinel)

    She can tell you what time on Sunday mornings the children arrive with fishing gear in hand and when vendors start selling tacos from their vans, or how Polish residents took out second mortgages on their homes to support the construction of th...
    2008-08-15 09:58:57
  • Fed Loan Officer Survey Shows Widespread Tightening (PRWeb via Yahoo! News)

    Mike Larson takes a closer look at the latest survey figures released by the Federal Reserve. In this issue of Money and Markets, Mr. Larson discusses how the Fed has been driving the cost of money down to increase lending.
    2008-08-16 12:01:00
  • State's economic blues (Norwalk Advocate)

    More people in Connecticut are without jobs, and more homes are in foreclosure, according to reports released Thursday, but residents may be weathering the shaky economy.
    2008-08-16 01:26:56
  • Car salesman gives back to Compton (Daily Breeze)

    Alabama native has found new home and wants to help community and kids.
    2008-08-16 01:31:17
  • Idyllwild in limbo (The Iowa City Press-Citizen)

    Idyllwild’s future is uncertain: Will the federal government provide funds to buy out their properties? Will they rebuild? Will they sell their properties at bargain prices to investors?
    2008-08-16 01:46:08
  • San Diego price increases exceed national average - San Diego Union-Tribune

    Inflation in San Diego outpaced the national average over the past year, fueled by price spikes in gasoline prices, according to data released yesterday by the U.S. Labor Department. Between June 2007 and June 2008, consumer prices rose 4.6 percent ...
    2008-08-15 04:49:00
  • True cost mortgage calculator - This is Money

    Find out monthly payments and compare the cost of mortgages over the initial deal period including arrangement fees. Small print: The total cost for credit is based on fees being paid upfront and not added to the mortgage and the cost over deal ...
    2008-08-14 01:01:00
  • Staff, deals shuffled at Trammell Crow (The Oklahoman)

    Trammell Crow Co. has shuffled its six-person staff in Oklahoma and opened a Tulsa office. Greg Roberson has returned to Dallas-based Trammell Crow as area director of the company's development work in Oklahoma and, eventually, Arkansas. Shaun W. Frankfurt, who had headed the company's operations here since early 2000, now heads Trammell Crow's four-person Chicago office. Leaner machineTrammell ...
    2008-08-15 10:24:31
  • With Careful Analysis, an Inheritance Could Prove a Profitable Rental (Washington Post)

    Q: My sister and I inherited our family home. It has no mortgage debt. We agreed to sell it, but my husband suggested that we might buy my sister's half and use the property as a source of rental income. My sister is agreeable to this arrangement. How would we find out whether this would be a profitable investment? We would have to finance a loan, and some repairs would be needed before we could ...
    2008-08-16 12:02:31
  • Weak Market Creates Advantages for Lower-Income Buyers (Washington Post)

    Q: I don't want to continue renting, but I make only $30,000 annually and don't have a lot of money for a down payment. My credit score is over 800, and I'm self-employed. I know there are many programs for first-timers, and the local government here in Miami also has some programs to help first-timers and low-income people, but I don't know where to start.
    2008-08-16 12:02:52