Mortgage and Financial News From 2008-8-3 Page 11
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Midwest economies grow slowly (The Bismarck Tribune)
OMAHA, Neb. (AP) - A survey of business leaders suggests economic conditions in the Midwest and Plains marginally improved last month as inflationary pressures increased.
2008-08-03 02:28:01 -
Credit-union head touts nonprofit's many advantages (The Columbus Dispatch)
MIAMI -- George Joseph, who leads the Dade County Federal Credit Union, views the services offered by credit unions as the best option for customers seeking higher returns on deposits and lower rates on loans.
2008-08-03 02:49:24 -
In mortgage crisis, look for the signs of recovery (San Diego Union-Tribune)
Happy anniversary! It was one year ago this month that the Great American Mortgage Crisis boiled over into the Great Global Credit Crisis, with banks in Paris, London and Frankfurt seizing up because of their investments in the U.S. housing market.
2008-08-03 03:12:09 -
Democrats say they'll make a run at Bilbray (San Diego Union-Tribune)
Having lost both houses of Congress in 2006, Republicans are bracing for their second straight shellacking in this November's election. Republicans lost 30 House seats two years ago, and political handicappers say they could easily lose 10 to 20 more as economic anxieties rise in inverse proportion to President Bush's plunging popularity.
2008-08-03 03:18:21 -
City foreclosure rate skyrockets (Saint George Spectrum)
ST. GEORGE - A new report from RealtyTrac, a California firm that monitors foreclosures across the country, shows that one in every 226 households in Utah was in foreclosure during the second quarter of 2008. In the St. George metro area, the rate was one in every 87 households in foreclosure, the highest rate among the state's metro areas.
2008-08-03 03:56:26 -
'Mortgage Rip-Offs and Money Savers' a must-read for borrowers (Everett Herald)
A little-known provision in the Housing and Economic Recovery Act, signed into law by President Bush recently, is supposed to help homebuyers understand how much debt they are taking on to purchase their home.
2008-08-03 12:17:56 -
Short sale of home hurts credit scores (Los Angeles Times)
Dear Liz: I sold my house for less than what I owed on the mortgage, not realizing that this short sale would affect my credit scores. Because of this drop in scores, I recently received a letter from my credit card company closing one of my unused accounts.
2008-08-03 12:20:12 -
Time for movin' on up to your next-level house (Contra Costa Times)
Practical real estate advice
2008-08-03 12:30:46 -
HOME BRIEFS (The Columbus Dispatch)
Workshop will focus on first-time home buyers Homes on the Hill Community Development Corp. will hold a free home buyer education course on three Mondays in August.
2008-08-03 12:47:28 -
Banking and Financial (Mondaq)
The staff of the U.S. Securities and Exchange Commission (SEC) Office of Compliance Inspections and Examinations (OCIE) has issued a new ComplianceAlert letter, describing issues and practices that the staff has encountered in examinations of broker-dealers, investment advisors, investment companies, and transfer agents. 1 The letter alerts compliance officers to both deficiencies and weaknesses ...
2008-08-03 01:20:29 -
Web Winners: (Philly.com)
It's called the American Housing Rescue and Foreclosure Prevention Act of 2008, and it sprinted from Congress to the president's desk last weekend in a bid to bring relief to the troubled housing market. Time will tell whether it works. These sites explain and critique the bailout measure.
2008-08-03 01:36:43 -
Share This Story: (The Hazleton Standard-Speaker)
■ A Concert in the Park, featuring the Tomcats, will be held from 7 to 9 p.m. Sunday at Memorial Park, Church Street, Beaver Meadows. The Tomcats perform good old-time rock and roll. Those planning on attending should bring a chair.
2008-08-03 01:38:56 -
Patience, perspective aid success (Toronto Star)
When I kicked off this Sunday series last April, I said you needed time, knowledge and discipline to be a successful do-it-yourself investor.
2008-08-03 01:41:50 -
Despite Horrendous Headlines, UBS Flourishes on South Shore (Banker & Tradesman)
By Laura Schreier UBS’ good reputation helped Peter Landry when he started to build a Massachusetts-based branch of the finance giant two years ago. Now the good press is gone, knocked down by multi-million dollar lawsuits alleging deceptive financial advice – yet Landry’s UBS branch is expanding.
2008-08-03 02:08:51 -
NWMLS Responds to Mortgage Fraud - Seattle Post Intelligencer Blogs
"If Buyer requests modifications and/or repairs, this Form 35R and any other addenda or notice pertaining to the modifications and/or repairs and amendment to the Agreement related to or resulting from the request for modifications and/or repairs ...
2008-07-30 05:54:00