Mortgage and Financial News From 2008-7-11 Page 4
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Reevaluating the property sector (The Star)
JULY 25, 2008. D-Day. The events of the day will be keenly watched. The market is expecting a possible interest rate rise on that day as Bank Negara meets.
2008-07-11 07:22:57 -
Rethinking Money Market Funds (NYTimes.com via Yahoo! Finance)
Lately money market funds have become dangerous — not for investors, but for the financial companies that run them.
2008-07-11 07:36:53 -
Worst Fears Ease, for Now, on Mortgage Giants’ Fate (NYTimes.com via Yahoo! Finance)
After a stomach-churning drop in the stock prices of Fannie Mae and Freddie Mac, government officials and lawmakers managed to calm worried investors.
2008-07-11 07:36:56 -
How Fallout Could Affect Main Street (NYTimes.com via Yahoo! Finance)
This week’s stock market swoon has many consumers wondering how those buying or selling homes will be affected.
2008-07-11 07:36:59 -
In Europe, One Bank Chief Steps Down, and Another May Follow (New York Times)
Jean-Paul Votron left as chief executive of Fortis, and the French newspaper Le Monde reported that the chief executive of Crédit Agricole, Georges Pauget, might also end up quitting.
2008-07-11 07:59:32 -
Home-Loan Rescue Plan Sails Through Senate - Hartford Courant
WASHINGTON - By October, people struggling with potential foreclosures on their homes may have a new opportunity to refinance their mortgages. The U.S. Senate passed its version of a housing-crisis rescue on Friday, and after some potential tweaks in ...
2008-07-11 05:48:00 -
IBD's Top 10 - Friday (Investor's Business Daily via Yahoo! Finance)
Bailout Talk Roils Freddie, Fannie. The mortgage finance giants halved intraday after the NYT said the gov't is mulling a takeover, even as many...
2008-07-11 04:30:43 -
Summer project under way to accommodate testosterone (Pahrump Valley Times)
The modest house I was so proud to purchase as a hardworking single mom was perfect for my little boys and me. Trees, a yard and storage for bikes and skateboards made it a great place for us.
2008-07-11 04:30:57 -
Negotiating the Contrasts of Poverty and Wealth (New York Times)
Constant fund-raising within a universe of rich donors can distance a candidate from the needy he professes to empathize with.
2008-07-11 04:42:26 -
Analysis: A new financial crisis at the worst time (The Gainesville Sun)
The Republican administration and Democratic-run Congress now are facing the possibility that mortgage giants Fannie Mae and Freddie Mac, once staid and stable, could need a bailout or even go under.
2008-07-11 05:14:57 -
Senate passes bill to revamp mortgage giants (San Francisco Chronicle)
Congress took a step closer to addressing the nation's housing crisis Friday as the Senate passed a long-delayed bill to revamp the oversight of mortgage giants Freddie Mac and Fannie Mae and to help hundreds of thousands of people to avoid foreclosure by...
2008-07-11 05:43:45 -
A new financial crisis at the worst time (Abilene Reporter-News)
WASHINGTON -- The last thing the Bush White House and the rest of the country needed in these economically trying times was another financial crisis. But they got one.
2008-07-11 06:39:00 -
Thornburg Mortgage Receives Majority Consent to Amend Preferred - MSN MoneyCentral
Thornburg Mortgage, Inc. TMA announced today that a majority of the participants in the principal participation agreement component of company ’ s recent financing transaction approved an amendment to change the requirement that the tender offer ...
2008-07-10 02:29:00 -
North Dakota REIT Climbs as Oil Boom Boosts Dividend (Update1) - Bloomberg
July 11 (Bloomberg) -- The oil and agriculture booms pumping up North Dakota's economy may help Investors Real Estate Trust reverse five quarters of profit declines and boost a dividend that's triple the yield on the Russell 2000 Index. While the ...
2008-07-11 07:25:00 -
Thursday's Biggest Stock Stars - MSNBC
There's a simple reason why I selected the largest five-star gainers, as opposed to other big-name winners making noise on Thursday, like one-star stock Vonage Holdings (NYSE: VG). Stocks go up all the time, but unless you were able to predict the ...
2008-07-11 07:18:00