Mortgage and Financial News From 2008-2-9 Page 50

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• Will Al Wynn Get His Comeuppance for His Corporate Fealty? - AlterNet

  Will Al Wynn Get His Comeuppance for His Corporate Fealty?AlterNet, CA - 1 hour agoBut Fat Albert's desperate contortions cannot shake his past, especially his status as one of only four Black Caucus members to support War Powers for ...
  2008-02-09 12:04:10

• A hero to his family and his workers - Charlotte Observer

  A hero to his family and his workersCharlotte Observer, NC - 1 hour ago"Not only financially, but with his love and interest in our lives." Jerry's generosity spilled over to his extended family, too. ...
  2008-02-09 12:08:14

• 'Be patient' if you're counting on higher mortgage limits - San Jose Mercury News

  'Be patient' if you're counting on higher mortgage limitsSan Jose Mercury News,  USA - 27 minutes agoThese loans typically carry lower interest rates. will be set to 125 percent of an area's median home price, up to a maximum of $729750. ...
  2008-02-09 01:32:26

• Global Markets Could Face More Turbulence - Wall Street Journal

  Global Markets Could Face More TurbulenceWall Street Journal - 21 minutes agoThe report said there is plenty of blame to go around for the financial chaos: The US subprime mortgage industry was marked by poor underwriting standards ...
  2008-02-09 01:38:45

• Loan brokers may have abused last borrower - Sarasota Herald-Tribune

  Loan brokers may have abused last borrowerSarasota Herald-Tribune, FL - 12 minutes agoMortgage brokers abuse borrowers when they collect a rebate from the lender for delivering a high-interest-rate loan without the knowledge of the borrower. ...
  2008-02-09 01:47:26

• Dollar leaps on surprising growth in jobs (Toronto Star)

  OTTAWA–Canada's economy burst out of the gate in January, creating 46,400 new jobs and sending the unemployment rate tumbling to 5.8 per cent from a revised 6 per cent in December.
  2008-02-09 01:36:12

• 'Be patient' if you're counting on higher mortgage limits (San Jose Mercury News)

  Bay Area homeowners are already calling their lenders about refinancing, and radio ads are pushing the idea that the congressional economic rescue plan offers the perfect time to get a loan.
  2008-02-09 01:37:29

• G-7 Nations Aim to Steady Markets

  Associated Press - The draft statement left blank the paragraph on exchange rates. "Going forward, we will continue to watch developments ... start of the year amid worries about a possible U.S. recession and uncertainty about the full extent of the subprime mortgage ...
  2008-02-08 11:47:00

• Federal plan will modify limits on home mortgages

  Miami Herald - ... stimulus plan that could benefit some would-be home buyers in Miami-Dade County. While federal housing officials are still hammering out details, a measure that would lower interest rates on ... The measure would allow government-sponsored mortgage ...
  2008-02-08 11:54:00

• State's title insurance doesn't need fixing - Alamogordo Daily News

  State's title insurance doesn't need fixingAlamogordo Daily News, NM - 2 hours agoBankrate.com's study did not rank states by the cost of title insurance, but clearly by a "mortgage fee study by obtaining six to nine good faith estimates ...
  2008-02-08 11:13:53

• Housing proposal: Repair, resell, revive - Indianapolis Star

  Housing proposal: Repair, resell, reviveIndianapolis Star, United States - 1 hour agoThese three houses are Housing and Urban Development property listings in each of the ZIP codes, which are sapped by high home foreclosure rates. ...
  2008-02-08 11:46:41

• Local economy appears thriving - McKinney Courier Gazette

  Local economy appears thrivingMcKinney Courier Gazette, TX - 1 hour ago“The national mortgage industry crisis has caused a decrease in interest rates to spur the economy. Thousands of homes are in foreclosure status nationwide ...
  2008-02-09 12:04:15

• Avoid credit trap - London Free Press

  Avoid credit trapLondon Free Press, Canada - 24 minutes agoThen things fell apart, first in the mortgage sector and then the the corporate sector. "Whoever was left holding those (debt) instruments at that time ...
  2008-02-09 01:07:09

• Island house starts drop in January - Times Colonist

  Island house starts drop in JanuaryTimes Colonist, Canada - 17 minutes agoThe seasonally adjusted annualized rate was 222700 units last month, up from 184700 units in December. "Historically low mortgage rates, solid employment ...
  2008-02-09 01:13:54

• Drive4Deals Takes the Difficulty of Finding Car Buyers by Now ... - Emediawire (press release)

  Drive4Deals Takes the Difficulty of Finding Car Buyers by Now ...Emediawire (press release), WA - 13 minutes agoBecause of the recent fallout of home values, mortgage crisis, and the increase of interest-rates, the purchasing of vehicles are taking a hard hit, ...
  2008-02-09 01:18:34

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