Mortgage and Financial News From 2008-2-15 Page 66

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  • Feedback (BusinessWeek)

    Feedback
    2008-02-14 02:37:57
  • Reverse Mortgage presentation Feb. 18 (Massapequa Post)

    The American Association of University Women, Massapequa Branch will present a program entitled Reverse Mortgages, the Pros and Cons, given by Ed Pocher, retired banker and realtor, Mon., Feb. 18, 1 p.m. at Marjorie Post Park, Unqua Road and Merrick Road, Massapequa. The speaker will begin at 1:30 p.m. The public is invited. For information, call Marilyn at 785-4632.
    2008-02-14 04:13:35
  • Garden City Retired Men's Club Events Calendar (Garden City News)

    The Garden City Retired Men's Club is a non-profit membership organization formed in April 1961 for the purpose of providing educational and recreational activities for the retired male senior citizens of the Garden City Community. The organization is non-sectarian and non-political.
    2008-02-14 06:51:25
  • Hands of Hope: Palm power (The Telegraph)

    The Hands of Hope ministry at Godfrey Congregational Church is reaching out to lend a helping hand with programs that provide information and support to members of the community.
    2008-02-14 10:14:08
  • German, French economies slow (Budapest Business Journal)

    Expansion in the euro area’s two largest economies cooled in the Q4, marking the start of a slowdown that may deepen this year.
    2008-02-14 11:25:55
  • Millville officials say the city benefits from affordable housing

    Atlantic City Press - MILLVILLE - In her student-built home near the corner of Second and Broad streets, Sharon Ellenwood says she doesn't feel ... mistaken for public housing, and that those persons who are living in homes they've purchased, they've received mortgages for ...
    2008-02-14 11:18:00
  • Bond Insurers' Breakup, Yahoo-MySpace, Level 3's Fall: Timshel

    Bloomberg - MBIA, the largest bond insurer, and Ambac, the second-biggest, are ``better positioned'' than firms owned by FGIC Corp. and ... by repackaging bonds and loans into securities, and other debt issues that have suffered as losses on subprime mortgages ...
    2008-02-14 09:31:00
  • Legal win sparks mortgage alert

    Manchester Evening News - ... said the practical implications of the decision against Nat West "are in danger of being exaggerated". The Council of Mortgage Lenders today supported his stance, saying banks are loathed to begin repossession proceedings for second mortgages ...
    2008-02-11 03:58:00
  • Singapore shares off lows at midday on bargain hunting

    CNBC - ... fell 17.6 percent to 491 million dollars after it made heavy provisions for its exposure to troubled US subprime mortgages ... Olam International Ltd rose 9 cents to 2.64 dollars after it reported a 25.4 percent rise in second-quarter net profit. ...
    2008-02-14 09:38:00
  • Japan's Bonds Rise as U.S. Slowdown May Hurt Exports, Growth

    Bloomberg - A U.S. housing market slump and widening losses on securities tied to subprime mortgages has made banks reluctant to lend ... 10-year yield will rise to 1.8 percent by year-end, the highest since August, as the expansion picks up during the second ...
    2008-02-14 10:42:00
  • GLOBAL MARKETS-Asia stocks dip, but see year's first weekly gain

    Forbes - ... policy rate target at 0.5 percent on Friday, as had been widely expected, amid an uncertain outlook for the world's second ... Bond insurers face billions of dollars in payouts after they guaranteed repackaged subprime mortgages and other risky debt. ...
    2008-02-14 11:25:00
  • Atos Origin, Bull, PagesJaunes, Natixis: French Stocks Preview

    Bloomberg - The world's second-largest maker of industrial gases said second-half profit rose 14 percent to 566 million euros ($829 ... than halve to 1 billion euros from year-earlier levels after it made further writedowns related to U.S. subprime mortgages ...
    2008-02-14 11:25:00
  • Senate Democrats unveil second stimulus bill

    Minneapolis Star Tribune - Senate Democrats unveil second stimulus bill By ANDREW TAYLOR , Associated Press Last update: February 14, 2008 ... grants to purchase and rehabilitate foreclosed properties, change bankruptcy law to allow judges to modify mortgages, and ...
    2008-02-14 11:44:00
  • Bone up on changes before tackling taxes

    USA Today - But tighter credit and a rise in delinquencies on second mortgages have made it harder for borrowers to get piggyback loans. As a result, the proportion of homeowners with private mortgage insurance soared last year. A 2006 law lets eligible borrowers ...
    2008-02-13 03:56:00
  • Q&A: New help for some facing foreclosure

    Newsday - ... talked with some experts about how the plan will work, and its chances for success. How is this different from earlier government-sponsored efforts to help troubled homeowners? Project Lifeline applies to people with all kinds of mortgages, second ...
    2008-02-11 03:58:00