Mortgage and Financial News From 2007-9-30 Page 7
Previous Day: 2007-09-29
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18
-
Credit Derivatives Grew to $45 Trillion Just Before the Crunch
Wall Street and Technology - Could better use of modeling technology prevent fund managers from investing in too-risky credit derivatives? Photo Gallery ... An Inside Look at the Advantages Outsourcing Document Preparation can Provide for Mortgage Loan Originators and Brokers ...
2007-09-30 04:28:00 -
Good News and Bad on Fuel Economy
Wall Street Journal - The Good News and Bad News On U.S. Fuel-Economy Trends ... This is a laudable achievement by the industry, for which it will get little credit ... diesel fuel) by 50 cents, put a $50 a ton tax on carbon, and eliminate the mortgage ...
2007-09-30 02:15:00 -
How to prevent credit nightmares (Middletown Times Herald-Record)
The mortgage mess is becoming everyone's problem. As nervous lenders bite their nails and hope the Federal Reserve will keep the country out of a recession, they're passing their worries on to consumers.
2007-09-29 11:07:18 -
How to buy a home if you have bad credit (Southeast Missourian)
If you want to buy a house or condominium, the current buyer's market means it is a great time to be a buyer. Sellers are eager to sell. Equally important, their real estate agents are anxious...
2007-09-29 10:30:31 -
The End of the Great American Housing Boom
American Progress - Then consider that beginning this year, when housing prices began to flatten or reverse course: Rising interest rates on adjustable rate mortgages and home equity lines of credit now leave a large share of homeowners exposed to larger debt ...
2007-06-19 05:57:00 -
Not in D.C. Anymore
Inside Higher Ed - The students’ protest against McCain appears to be McCarthyism in reverse which is just as despicable in a university setting where all ideas are supposed to be open to debate and thought; and wherein all students SHOULD be exposed to thought ...
2007-09-01 03:46:00 -
Small telecom firms say new data lines may hurt their business
St. Louis Post-Dispatch - WASHINGTON — For most of the Industrial Age, houses primarily communicated to the outside world through basic copper phone wires. Now, telephone giants are focusing on building fiber-optic cables made of glass that can carry far more data than can ...
2007-09-09 04:03:00 -
TheStar.com | Business | Hot loonie means it's a perfect time to buy U ...
Toronto Star - ... S. economy is expected to continue for months as the impact of a credit crunch, started by defaults of subprime mortgages ... people are forgetting that many things like oil prices, the Canadian dollar, gold, that have gone up a lot can also reverse ...
2007-09-30 01:22:00 -
Greenspan's legacy marked by missteps
Monterey County Herald - ... budget surpluses were better spent on paying down the national debt than on tax cuts, Greenspan suddenly seemed to reverse ... Rather than red-flagging dicey loan products, Greenspan publicly touted the virtues of adjustable-rate mortgages. Now ...
2007-09-30 01:22:00 -
Reversal of fortunes (Naples Daily News)
Using a home equity line of credit, David Casey and his wife Joyce made some much-needed improvements around their house. New carpet. Updated plumbing. But the credit line’s interest kept jumping, pushing their monthly payment to nearly $1,000 from $600.
2007-09-29 10:08:49 -
Hot loonie means it's a perfect time to buy U.S. assets (Toronto Star)
Canadian investors looking to cash in on the loonie's rise to parity with the American dollar are right to consider investing in the U.S. market. But they should tread carefully and invest in quality assets that could bounce back quickly if the markets take an unexpected turn, experts say.
2007-09-30 02:25:39 -
Fragile markets at risk of relapse despite the Fed's rate cut tonic (The Australian)
MARKETS and the world economy are in a no-man's-land 11 days after the US Federal Reserve's dramatic half-point interest rate cut.
2007-09-30 07:00:00 -
Beijing turns up heat on property speculators
Hong Kong Standard - Mortgages for second homes and flats for commercial use will be charged 1.1 times the benchmark lending rates, currently at 7.29 percent for one-year loans and 7.83 percent for five years. As well, lenders will be obliged to raise downpayment ...
2007-09-28 12:23:00 -
Quinn: Payday Loans Can Be a Trap
MSNBC - Oct. 8, 2007 issue - Why do you think that people get stuck in mortgages they can't afford and payday loans that multiply ... are designed to be easy to get into but hard to get out of, say three former employees of Check 'n Go, the nation's second ...
2007-09-29 10:34:00 -
Peter Boutell, Lending a Hand: Mortgages: Back to the basics
Santa Cruz Sentinel - Mortgages: Back to the basics The three key ingredients that are traditionally reviewed to provide a mortgage are the applicant ... Lenders can provide 95 percent financing by way of either a first and second mortgage, which could be provided by the ...
2007-09-30 04:56:00