Mortgage and Financial News From 2007-12-22 Page 6
Previous Day: 2007-12-21
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
-
Building societies are enjoying a renaissance
Daily Telegraph - On the mortgage front, building societies have their noses in front, offering most of the best home loan deals. But when it comes to savings accounts the banks - aside from the traditional big four of Barclays, HSBC, Lloyds TSB and NatWest - appear to ...
2007-12-22 01:24:00 -
Goldman Sachs CEO takes home record pay
Chicago Sun-Times - In a year where most investment banks lost billions of dollars on bad bets in the mortgage industry, Goldman Sachs Group Inc.'s chief executive, Lloyd Blankfein, still managed to take home $68.5 million in total compensation -- a record for an ...
2007-12-22 01:49:00 -
Edwards Wants Quick Action on Economy
Philadelphia Inquirer - He also believes that families facing bankruptcy should be allowed to rewrite terms of their mortgage, and write off debt that exceeds the value of their home. To keep such a crisis from happening again, Edwards said Congress should pass stronger laws ...
2007-12-22 01:38:00 -
Offset Mortgage Centre Explain Current Account Mortgages
WebWire - The Offset Mortgage Centre ( http://www.offsetmortgagecentre.co.uk ) is pleased to announce the recent publication of their guide ‘How Savers Can Benefit From Current Account Mortgages’. The guide has been created to help home buyers decide ...
2007-12-22 08:52:00 -
Bond insurer rated as 'junk'
Baltimore Sun - The new strain on civic funding comes at the same time that plummeting home sales and values and rising mortgage defaults threaten to drain local coffers of property taxes. Many cities have been banking on higher property taxes, but home values are ...
2007-12-22 01:31:00 -
Feds probing WaMu's handling of mortgage loans, home appraisals
Arlington Heights Daily Herald - WASHINGTON -- The Securities and Exchange Commission is probing how Washington Mutual Inc., the nation's largest savings and loan, handled mortgages that were possibly based on inflated home appraisals. "We are voluntarily and fully cooperating with ...
2007-12-22 07:12:00 -
2007 Review: A Year Of Accomplishment For USA
Scoop - With some additional flexibility, FHA expects to help more than 300,000 families with a safe and affordable home mortgage refinancing option by the end of 2008. HOMELAND SECURITY PROTECT AMERICA ACT: In August, the President signed the Protect America ...
2007-12-22 10:53:00 -
Wal-Mart, Macy's Extend Hours, Give Holiday Discounts (Update1)
Bloomberg - Profit may suffer as retailers boost discounts to lure consumers grappling with higher food and energy costs and rising mortgage defaults. Macy's is offering special markdowns until 1 p.m. at its stores through this weekend. AnnTaylor ...
2007-12-22 09:56:00 -
Subprime market crash ripples through Conn.
Newsday - Closer to home, Mortgage Lenders Network of Middletown filed for bankruptcy in February, laying off an unspecified number of workers as the subprime mortgage began its collapse. Regulators in Connecticut and other states had issued cease-and-desist ...
2007-12-22 12:19:00 -
SEC Probing WaMu's Handling Of Mortgage Loans, Home Appraisals (KIRO 7 Seattle-Tacoma)
The Securities and Exchange Commission is probing how Washington Mutual Inc., the nation's largest savings and loan, handled mortgages that were possibly based on inflated home appraisals.
2007-12-21 01:20:00 -
Clicking the Way to Mortgage Savings (New York Times)
A Web venture gives borrowers a way to compare what they will probably pay for a mortgage in commissions, points, interest rates and fees.
2007-12-22 01:52:46 -
Dollar gains, bolstered by strong GDP from US; euro down at $1.4323 ...
MSN UK News - Any economic slowdown would crimp the European Central Bank's ability to raise interest rates from their current 4 percent. Meanwhile, on Thursday, the U.S. Commerce Department confirmed its estimate last month that gross domestic product grew at 4.9 ...
2007-12-20 01:48:00 -
New Zealand Economic Growth Slowed to 0.5% on Spending, Exports
Bloomberg - Overall, inflationary pressures have increased, and interest rates are now likely to remain around current levels for longer than previously thought,'' Bollard said on Dec. 6. At the same time, ``global financial markets remain unusually ...
2007-12-20 02:38:00 -
M&S cash move on pension shortfall
Edinburgh News - By taking this action we are providing reassurance to the scheme members. "We believe that this is an opportune time to raise the funds, taking into account current interest rates and demand in the corporate bond markets." M&S also said it will be ...
2007-12-22 11:36:00 -
Pound Logs Biggest Weekly Drop in Five on Outlook for BOE Rates
Bloomberg - ... against the dollar and fell to a record low versus the euro as traders bet the Bank of England will keep lowering interest rates ... The pound extended declines after a government report on Dec. 20 showed the current-account deficit widened to a record ...
2007-12-22 06:00:00