Mortgage and Financial News From 2008-5-7 Page 2
Previous Day: 2008-05-06
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Australians clueless about home loans - News.com.au
ACCORDING to research, many Australians have the wrong idea about how home loans work. A startling 41 per cent of people think you can get a home loan without a steady income while 16 per cent believe the lender's mortgage insurance will cover them ...
2008-05-07 04:49:00 -
Hill Street Blues - Slate
Bloggers are talking about little else besides Tuesday's primaries. Hill Street blues : A double-digit loss in North Carolina, coupled with a squeaker of a victory in Indiana, makes it all but impossible for Hillary Clinton to get the Democratic ...
2008-05-07 03:02:00 -
BOND REPORT: Treasurys Reverse Gains, As U.S. Stocks Rebound - CNN Money
Treasury bonds were mostly lower Tuesday, with the upside capped by a rebound on Wall Street following encouraging comments from Fannie Mae during the mortgage giant's conference call. The 10-year Treasury note edged down 0.1% to 96.25, yielding (TNX ...
2008-05-06 12:40:00 -
PREVIEW-AIG seen posting another net loss in 1st-qtr - Reuters
NEW YORK, May 7 (Reuters) - American International Group Inc (AIG.N: Quote , Profile , Research ), the world's largest insurer, is expected to post a second consecutive quarterly loss on Thursday, hurt once more by investment losses, including ...
2008-05-07 02:04:00 -
Markets see Fannie Mae profits, OFHEO says: report - Reuters
BOSTON (Reuters) - Financial markets believe Fannie Mae, the biggest provider of funding for U.S. home loans, can reverse losses by applying fresh capital of $6 billion toward profitable investments, the company's federal regulator told CNBC on ...
2008-05-07 11:41:00 -
Boydston Joins Starwood Land Ventures - Forbes
BRADENTON, Fla., May 7 /PRNewswire/ -- Starwood Land Ventures, LLC announces the addition of Cory J. Boydston as the company's Senior Vice President. Boydston, a longtime expert in homebuilding finance, will be based in Atlanta. In her new role ...
2008-05-07 02:26:00 -
Stocks Sink as Oil Soars - BusinessWeek
“While we believe that inflation will continue to remain elevated due to easy money, the Fed's hope that core inflation will remain constrained should keep the FOMC from raising rates while economic conditions remain weak,” wrote Bear Stearns ...
2008-05-07 01:50:00 -
S&P 500 Leaders and Laggards: CTSH TIE - CNBC
NEW YORK - Cognizant Technology Solutions Corp. took the biggest hit Wednesday on the Standard & Poor's 500 index, which retreated after a late-session plunge as oil prices hit a fresh all-time high. The S&P 500 gave up 25.69 points, or 1.81 percent ...
2008-05-07 01:57:00 -
LandAmerica's Dan A. Robledo Inducted to the Board of Directors of the ... - MSN MoneyCentral
RICHMOND, Va., May 7 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. LFG announces that Dan A. Robledo, Vice President - Arizona Operations Manager, has been inducted to the Board of Directors of the National Association of Hispanic Real ...
2008-05-07 12:24:00 -
FelCor Reports First Quarter Operating Results - Forbes
-- Increased Revenue per Available Room ("RevPAR") by 7.9 percent at our 61 hotels where renovations had been completed for at least a full quarter. RevPAR increased 4.6 percent for our 85 consolidated hotels. -- Exceeded operating expectations for ...
2008-05-07 03:09:00 -
Proud Darren battles debt on his terms - News.com.au
In the past three days, since his family's plight was highlighted by the Mercury in its series on Tasmania's home mortgage crisis, the Glenorchy car salesman has been inundated with offers of help. One elderly couple walked into the car yard where he ...
2008-05-07 03:52:00 -
Market Mover - American Reporter
BOCA RATON --Can the individual investor buy the same U.S. government agency bonds purchased by his or her bank, insurance company, mutual fund, or trust company? Well, let's just say it depends. It depends upon your sophistication and net worth, and ...
2008-05-07 03:09:00 -
Soros Says Impact of Crisis on Economy Just Starting (Update3) - Bloomberg
May 7 (Bloomberg) -- Billionaire investor George Soros said the ``acute phase'' of the financial crisis is ``largely behind us'' even as the U.S. economy is only now starting to feel the effect. The damage done to the global financial system ``has to ...
2008-05-07 02:55:00 -
More 'for sale' signs as screws tighten - News.com.au
FOR sale signs are proliferating around some Hobart suburbs as more families run into trouble meeting their mortgage repayments and debt commitments. There are already signs that the real estate market is slowing, with fewer properties being sold and ...
2008-05-07 01:21:00 -
SoftSecond program hails milestone - Boston Globe
Hyacinth and Andrew Doman bought a Dorchester home last August, paid $220,000, and this story isn't headed where you might think. Today I'm writing about good news. The Doman's mortgage bill is $1,350 a month, an amount they can comfortably afford ...
2008-05-07 11:13:00