Mortgage and Financial News From 2007-9-13 Page 17

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  • News Minute: Thousands flee coast after Indonesia quake...Israeli ...

    WDAM-TV - WASHINGTON (AP) - A government report shows discrimination continues to plague mortgage practices. The report finds that ... report, released by the Federal Reserve and other regulators, finds minorities received loans with higher interest rates in ...
    2007-09-11 05:58:00

  • Newsletters for Mortgage Professionals

    Colleyville Courier - Compare up to four free mortgage quotes by completing an easy online form. Competitive rates from leading mortgage companies. No obligation. Available throughout America. http://www.freehomequotes.org/ Online Newsletter Manager Easy Templates ...
    2007-09-12 05:49:00

  • After Gorging On Cheap Debt, Investors Seek Cure for Indigestion (CoStar Group)

    With the residential housing downturn stubbornly entrenched and credit markets in a wild gyration, the talk has turned to where is the economy heading and what does it all mean. In this story, we bring you some of the expert voices on the topic from the...
    2007-09-12 04:27:36

  • City-County Councilors Discuss Property Tax Campaign Impact (WISH-TV Indianapolis)

    By Eric Halvorson INDIANAPOLIS - The property tax issue is the lightning rod for Marion County voters this year. Some speculate: Incumbents could be in trouble.
    2007-09-13 04:59:29

  • Gold draws attention amid rate woes (El Paso Times)

    NEW YORK—With many on Wall Street straining to determine the Federal Reserve's next move, some investors who smell an impending interest rate cut aren't waiting around for the central bank.
    2007-09-13 07:51:44

  • Commercial Paper Slump Eases; Asset-Backed Drop Slows (Update1)

    Bloomberg - The freeze shut out borrowers including mortgage lenders Countrywide Financial Corp. and Thornburg Mortgage Inc. as well as GMAC LLC and investment company Cheyne Finance Plc. The most risky sellers probably were pushed out of the market in the past ...
    2007-09-13 07:25:00

  • American Home Mortgage causes a rise and fall

    Newsday - Kevin Chin was happy to go out of his way for American Home Mortgage. When the company changed its invoicing policy, he stayed up late doing paperwork. When the beleaguered mortgage bank decided in June that an ice cream machine would be good for ...
    2007-09-09 05:53:00

  • Hot home price increases expected to cool

    Globe and Mail - More recently, economic risks have increased in the wake of the intensifying financial market turmoil stemming from the U.S. subprime mortgage problems.” She examined home prices in 15 cities across the country. All but St. John's showed current ...
    2007-09-13 06:43:00

  • Washington Mutual to slim down mortgage operations amid market turmoil ...

    CNBC - The Seattle-based bank is closing the division that buys home loans from other mortgage lenders, these reports said. Washington Mutual also plans to shutter its business of lending to other lenders. Washington Mutual will lay 1,000 people off to slim ...
    2007-09-13 06:28:00

  • Mortgage rates tumble

    CNN Money - NEW YORK (CNNMoney.com) -- Mortgage rates dropped in the latest week, which could help home buyers who are looking to refinance, Freddie Mac reported Thursday. The government-sponsored loan buyer said the average rate on a 30-year fixed-rate loan ...
    2007-09-13 07:25:00

  • Second to none at Cambridge Home

    Long Island Business News - Long Island’s economically elite may have an advantage over the common mortgage borrower in the current credit crunch. Cambridge Home Capital, a Great Neck-based mortgage bank, is reporting a certain stability in the second-home mortgage market ...
    2007-09-13 06:50:00

  • Two more analysts upgrade Thornburg Mortgage

    CNBC - NEW YORK - Two more analysts upgraded Thornburg Mortgage Inc. on Thursday, as the home lender appears to have averted the worst of the mortgage crisis. After the Wall Street banks that finance the mortgage industry pulled most of their money out ...
    2007-09-13 06:28:00

  • China likely to raise second-home mortgage down payment to 40 pct ...

    Forbes - BEIJING (XFN-ASIA) - China's central bank is likely to ask commercial banks to raise the mortgage down payment on a second home to at least 40 pct, the China Daily reported, citing sources. The central bank could announce the new requirement later ...
    2007-09-12 10:43:00

  • FDR Solves The Mortgage Crisis

    CBS News - Here should be an objective of Government itself, to provide at least as much assistance to the little fellow as it is now giving to the large banks and corporations."--Franklin D. Roosevelt, April 7, 1932 The burgeoning home-mortgage crisis of 2007 ...
    2007-09-13 07:18:00

  • Report: Minorities suffer home-mortgage bias (El Paso Times)

    WASHINGTON - Applicants for home mortgages were turned down for loans at a slightly higher rate in 2006 than the previous year and significant disparities continued to exist between white applicants and minority applicants, the government reported Wednesday.
    2007-09-12 07:19:18

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