Mortgage and Financial News From 2008-1-26 Page 63
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Whose stimulus package makes the grade? - GoErie.com
Whose stimulus package makes the grade?GoErie.com, PA - 14 minutes agoEven worse was her housing plan, including a five-year freeze on subprime mortgage rates that could produce higher interest rates and reduce liquidity. ...
2008-01-26 12:07:22 -
Black Democrats struggle between Clinton, Obama - MiamiHerald.com
Black Democrats struggle between Clinton, ObamaMiamiHerald.com, FL - 14 minutes agoWith the condition this country is in, I think we need someone who can come in and stabilize it,'' says Terri Page, a Miami-Dade mortgage broker. ...
2008-01-26 12:07:28 -
ZIP 12303 leads in shaky loans - Schenectady Gazette
ZIP 12303 leads in shaky loansSchenectady Gazette, NY - 14 minutes agoAfter the rates reset, borrowers can get stuck paying significantly higher monthly mortgage bills. The potential tsunami in rate resets prompted the Bush ...
2008-01-26 12:08:04 -
Commercial market spared woes - Ventura County Star
Commercial market spared woesVentura County Star, CA - 11 minutes agoBank of America has made an all-stock offer, valued at about $4.1 billion, to acquire the Calabasas-based mortgage lender. The deal is expected to close ...
2008-01-26 12:10:21 -
• JUMBO MORTGAGES - The Oregonian - OregonLive.com
• JUMBO MORTGAGESThe Oregonian - OregonLive.com, OR - 9 minutes agoLanguage in the stimulus plan now being fine-tuned in Congress would make it easier for buyers of high-end homes to get an affordable mortgage and would ...
2008-01-26 12:12:45 -
Investments in the realty sector to harness rich capital gains - Economic Times
Investments in the realty sector to harness rich capital gainsEconomic Times, India - 8 minutes agoWhat is more, today, one can use the asset acquired over the years to raise short term funds for a rainy day through multiple options like mortgage loan ...
2008-01-26 12:13:49 -
Owners lose home, and pets suffer, too - Boston Globe
Owners lose home, and pets suffer, tooBoston Globe, United States - 4 minutes agoThe wreckage of the subprime mortgage crisis has caused human pain far and wide, but its victims also include a band of seven gentle, woolly-coated huskies. ...
2008-01-26 12:17:26 -
Adler, House leader visit Evesham (Courier-Post)
Denise Warga is struggling from paycheck to paycheck to pay bills.
2008-01-26 12:12:13 -
Consumers at Heart of Stimulus Plan (AP via Yahoo! Finance)
The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best -- spend, spend, spend.
2008-01-26 12:13:03 -
Will mortgage lender's earnings affect takeover? (The Charlotte Observer)
Investor concerns that Bank of America Corp. might try to pull out or pay less for Countrywide Financial Corp. could intensify next week when the troubled mortgage lender reports 2007 year-end financial results. After posting a $1.2 billion loss in the third quarter ended Sept. 30 -- its first quarterly loss in 25 years -- Countrywide declared it would post a profit for 2007's final three months ...
2008-01-26 12:13:10 -
Commercial market spared woes (Ventura County Star)
Despite a stormy residential market, Ventura County's commercial real estate sector has remained healthy, with overall vacancy rates low and rents stable or rising moderately.
2008-01-26 12:13:22 -
Will we keep up spending habits? (The Charlotte Observer)
The success of the federal $150 billion emergency economic stimulus plan will hinge on whether American consumers do what they do best -- spend, spend, spend. The stimulus has been debated in Washington for more than a week as the economic outlook worsened, and now Americans are armed with specifics: Individuals will get up to $600, working couples $1,200 and those with children $300 more per ...
2008-01-26 12:13:53 -
HomExpo opens (Macon Telegraph)
The housing market may be in trouble all over the country, but there was little evidence of it in Middle Georgia as HomExpo 2008 opened Friday at the Wilson Convention Center.
2008-01-26 12:13:58 -
Black Democrats struggle between Clinton, Obama (Miami Herald)
At 9 a.m. Friday, after the two children had left for school, Guylene Berry hoped to decide in the quiet of her Miami Lakes home. She had tried before, given Hillary Clinton and Barack Obama time and energy, pondering the promises, but the choice hadn't gotten any easier.
2008-01-26 12:15:42 -
Housing headed back to court? (Macon Telegraph)
Former Macon Mayor Jack Ellis this week said he will file a lawsuit against his successor, Mayor Robert Reichert, for casting aside four of Ellis' Macon Housing Authority appointees.
2008-01-26 12:15:53