Mortgage and Financial News From 2008-2-12 Page 15

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  • Feds Announce Plan to Delay Foreclosures (HispanicBusiness.com)

    WASHINGTON (AP) - Homeowners threatened with foreclosure would in some instances get a 30-day reprieve under an initiative the Bush administration announced Tuesday.
    2008-02-12 04:18:17

  • The Plague of the Witch Doctors (GoldSeek.com)

    "Here we are yet again in the midst of another 'global economic crisis'," says financial analyst, Nicholas Vardy, editor of The Global Guru . Vardy is not reporting, but mocking.
    2008-02-12 04:38:06

  • Fed's Plan Would Suspend Foreclosures For 30 Days (CBS4 Miami)

    At-risk borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan involving six big home lenders. The plan, called Project Lifeline, was announced Tuesday by the Treasury Department and the Department of Housing and Urban Development.
    2008-02-12 05:25:51

  • CME chief attacks investment banks (FT.com via Yahoo! News)

    Craig Donohue, chief executive of the CME Group, launched an attack on investment banks on Tuesday.
    2008-02-12 05:30:13

  • Bush To Put 30-Day Freeze On Foreclosures (CBS News)

    The Bush administration announced a new initiative that is aimed at helping U.S. homeowners about to lose their dwellings. For qualified homeowners, it will put the foreclosure process on hold for 30 days.
    2008-02-12 06:33:53

  • Homeowners can get extra 30 days (Seattle Post-Intelligencer)

    After prodding from the Bush administration, a group of major mortgage lenders will allow some homeowners facing foreclosure to delay losing their homes for 30 days.
    2008-02-12 07:44:14

  • Man who refused to pay mortgage for 15 years is granted 'squatters ...

    Evening Standard - A man who did not pay the mortgage on his £200,000 home for 15 years has been granted squatters' rights in a landmark ruling ... Observing that institutional lenders have "access to expert legal advice", he said there should be no difficulty in them ...
    2008-02-12 09:02:00

  • Sadness makes us spend more

    News.com.au - Rates crisis may force mortgage mergers Interest rates: Kiss your money goodbye Booming: Prices soar despite rate rises Tax break ... Advice given on this site is general advice and does not take into account your objectives, financial situation or needs ...
    2008-02-12 02:09:00

  • Forecast grows gloomier for technology purchases

    San Francisco Gate - A new resource for small businesses. Get expert advice, forms and more. SFGate Technology : It's a high-tech world - - we ... stocks rose on expectations for more interest rate cuts, but banks and insurers fell on worries about further mortgage debt ...
    2008-02-12 07:57:00

  • Kauri Notes continue to fly high in Down Markets

    Scoop - Our services include attractive savings and investment products, flexible and competitive loan options, and expert independent mortgage brokering services and financial advice. Savings & Loans is committed to customer satisfaction and complete ...
    2008-02-12 01:41:00

  • Big banks bet on lower rates

    News.com.au - The major banks are taking slightly different approaches to pricing their mortgage products at present, but all are offering ... Advice given on this site is general advice and does not take into account your objectives, financial situation or needs ...
    2008-02-12 03:57:00

  • Homeowners look to sell

    Financial Times - ... said Noel Flint, partner at Knight Frank’s Knightsbridge office. “We are definitely being called in to give advice on ... We have certainly had our non-dom mortgage clients asking about this and whether they need to move offshore but until the ...
    2008-02-12 06:06:00

  • Hispanic Real Estate Community Releases Free Educational Video About ...

    PR.com - The video offers homeowners easy to understand information about foreclosure and advice about what to do if they can no longer make their mortgage payment. The tips are intended to help distressed Hispanic homeowners that are struggling to make their ...
    2008-02-12 01:19:00

  • Money woes push families to breaking point

    News.com.au - Mr Payne said although mortgage rates didn't directly affect some of his clients, they pushed up rental costs, adding to the ... Advice given on this site is general advice and does not take into account your objectives, financial situation or needs ...
    2008-02-12 07:39:00

  • America goes from teacher to student

    Daily Times - ... epic financial crisis continues to unfold; one can only wish that US policymakers were half as good at listening to advice from developing countries as they are at giving it. Americans don’t seem to realize that their “sub-prime” mortgage ...
    2008-02-12 01:34:00

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