Mortgage and Financial News From 2008-7-11 Page 5
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Lord James: 52 years at the City crease - Daily Telegraph
On July 29, 1956, England bowler Jim Laker took 19 wickets in a test match against Australia on a sunny day at Old Trafford. Lord James' career spans four recessions Britain's most famous "company doctor" David - now Lord - James remembers the day ...
2008-07-11 03:03:00 -
Financials take stock markets lower on worries about U.S. mortgage ... - 680 News
TORONTO - The Toronto stock market finished lower Friday as the financials sector retreated on more worries about the U.S. mortgage industry, trumping energy sector gains as crude oil hit new record levels. Worries centred around the future of U.S ...
2008-07-11 01:37:00 -
Oil could rally on if GSE woes stymie Fed - Reuters
NEW YORK/LONDON (Reuters) - Oil and other commodities may find more fuel to rally if troubles with U.S. government sponsored entities (GSE) mortgage giants Fannie Mae and Freddie Mac keep the Federal Reserve from hiking interest rates. Investors have ...
2008-07-11 12:26:00 -
'Backward' move can pay off - Chicago Tribune
Like millions of Americans, Bill and Helen Bluett's greatest financial asset is their home, a Spanish-style dwelling just a quarter of a mile from the ocean in San Clemente, Calif. Selling the place and buying a cheaper one elsewhere could have ...
2008-07-10 11:11:00 -
Mortage rule change dismissed (Calgary Sun)
Tighter rules for government-backed mortgages are expected to have little impact on Calgary's real estate market once they take effect this fall, says the president of the Calgary Real Estate Board.
2008-07-11 03:19:25 -
Local News & Events (The Salinas Californian)
Fidelity Reverse Mortgage, a reverse mortgage company, headquartered in Denver, Colo., has named Ron Wagenhals as the new reverse mortgage associate in the Monterey and Salinas area.
2008-07-11 05:09:39 -
North State Marketplace: July 11, 2008 (The Record Searchlight)
• Chiropractors plan food drive • Reverse mortgage class offered • Blendz opens in Redding
2008-07-11 07:07:48 -
Equity Release Escapes Mortgage Meltdown (The Motley Fool)
The credit crunch has savaged almost every corner of the mortgage market with one notable exception -- equity release.
2008-07-11 07:24:01 -
Tips for saving at the pump (WQAD Moline)
Updated: 8 On Your Side tips for surviving the summer economy. Share your own ideas! Full Story > Updated: More than ninety people in Illinois have become sick with a rare type of salmonella that's sprading across the country. 8 On Your Side's Amy Barrilleaux talks to consumers shopping local to stay safe.
2008-07-11 10:31:35 -
Are Reverse Mortgages Right For You? (Investor's Business Daily via Yahoo! News)
Just yesterday, it seems, you could hardly turn on your radio without hearing ads for nothing-down, nothing-to-prove mortgages. Just as those messages peaked, the housing market plummeted.
2008-07-11 03:19:52 -
Are Reverse Mortgages Right For You? (Investor's Business Daily via Yahoo! Finance)
Just yesterday, it seems, you could hardly turn on your radio without hearing ads for nothing-down, nothing-to-prove mortgages. Just as those...
2008-07-11 03:19:52 -
IndyMac Bank Closes, Transfers Operations To Federal Gov't (NBC 4 Los Angeles)
According to FDIC data, this is the second largest financial institution to close in U.S. history.
2008-07-11 03:57:40 -
Housing giants feel new trauma - Minneapolis Star Tribune
Freddie, Fannie shares down on talk of gov't aid Reports: InBev, Anheuser-Busch talking Treasury Secretary: Keep Fannie and Freddie in current form GE profit falls, meets estimates, sells loan unit Software problems bug Apple's launch of new iPhone ...
2008-07-11 01:02:00 -
6 Things You Need to Know About Fannie and Freddie - US News and World Report
It wasn't that long ago that America's most powerful financial executives were telling us that the ugly credit crisis was loosening its grip. "We're closer to the end than the beginning," Goldman Sachs CEO Lloyd Blankfein told investors in April ...
2008-07-11 01:23:00 -
Putting $1T Subprime Mortgage Losses in Perspective - Seekingalpha.com
I'm in Las Vegas at Freedom Fest 2008 and heard Steve Forbes speak yesterday. In his talk, he put the subprime mortgage meltdown in perspective by comparing the global subprime losses of $1 trillion ( Reuters story here ) to the $56 trillion of U.S ...
2008-07-11 02:20:00