Mortgage and Financial News From 2008-5-4 Page 01
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First Monday: Coming up in May - USA Today
Monday: United and Delta airlines are among the major carriers that begin charging passengers $25 to check a second bag. Other big airlines will start charging in coming weeks. Tuesday: Mortgage financing giant Fannie Mae releases its first ...
2008-05-04 10:36:00 -
Thousands of homes in Spain threatened with demolition - International Herald Tribune
MADRID : Leo Levett-Smith and his wife, Jean, thought they did everything right when they bought their retirement home in Spain. They used a registered real estate agent, a Spanish notary and obtained their mortgage through one of the country's ...
2008-05-04 06:33:00 -
Resist urge to splurge, expert advises (The Findlay Courier)
The flatscreen television you've had your eye on is finally on sale, advertisements for Las Vegas are bombarding the Web, and Uncle Sam is increasing the temptation to splurge by sending you more money.
2008-05-04 10:11:00 -
Financial worst may not be over (Miami Herald)
On May 1, the Dow Jones industrial average soared 189 points, roaring past 13,000 for the first time since Jan. 3. Wide daily stock-price swings are becoming rare, blue chips have regained most of the ground lost earlier this year and there's less talk of a global financial crash.
2008-05-04 11:02:58 -
David Archuleta running for Senate from Idaho (Indian Country Today)
FORT HALL, Idaho - David J. Archuleta, Shoshone-Bannock, has entered the race for the U.S. Senate. He is one of two Democrats in Idaho's May 27 primaries.
2008-05-04 11:03:59 -
Foreclosure: Taking a wider look (The Frederick News-Post)
The foreclosure problem is having an impact on the Frederick community -- to what extent, and what may lie ahead for Frederick County, is still up in the air.
2008-05-04 11:06:42 -
SUBPRIME LENDING & FORECLOSURES (The Frederick News-Post)
Homeowners around the nation are struggling to make mortgage payments, and Frederick County is no exception. The map below show the area with the lowest and highest concentration of subprime mortgage loans. Click the map for a larger image.
2008-05-04 11:07:01 -
First Monday: Coming up in May (USA Today)
Here's what's happening this month in business:
2008-05-04 11:25:41 -
The week ahead (The Salt Lake Tribune)
May 5- 11 Convention Calendar Today: * National Assistive Technology Technical Assistant Partnership Radisson Hotel SLC Downtown Planned attendance: 135 Runs
2008-05-04 11:28:04 -
An Unlikely, Yet Productive, Pair - Washington Post
One is a free-market Republican from Wall Street with roots in the rural Midwest and a passion for bird-watching. The other is a rumpled, union-hall Democrat from Bayonne, N.J., who once famously described himself as "a left-handed, gay Jew." About ...
2008-05-04 09:17:00 -
Stimulus legislation brings new jumbo loans - Baltimore Sun
Your IRS rebate check from the economic stimulus legislation won't be arriving until sometime in May, but the stimulus plan's new super-sized jumbo loans for buyers in high-cost housing markets have just begun hitting the marketplace. Depending on ...
2008-05-03 05:58:00 -
Republicans' Housing Dilemma - Wall Street Journal
CONCORD, N.H. -- The odds of Congress passing a big housing-rescue package depend largely on vulnerable Republican senators such as New Hampshire's John Sununu. Their bind: Do they stick to a conservative principle that says the government should ...
2008-05-04 09:03:00 -
Buffett Castigates Wall Street, Bankers, Regulators on Blunders - Bloomberg
May 5 (Bloomberg) -- Billionaire Warren Buffett castigated investment bankers, home lenders and regulators for letting the financial system spin out of control and causing a run on Bear Stearns Cos. that almost brought down more of the biggest banks ...
2008-05-04 09:46:00 -
Fannie, Freddie to Report Third Straight Loss on Credit Costs - Bloomberg
May 5 (Bloomberg) -- Fannie Mae and Freddie Mac , the largest U.S. mortgage-finance companies, will likely report losses for the third straight quarter amid the worst housing slump since the 1930s, bolstering their need to raise more capital. Fannie ...
2008-05-04 09:17:00 -
Gordon Brown adviser Stephen Nickell fears 'mortgage rationing' - Daily Telegraph
Britain is now facing widespread "mortgage rationing" which threatens to keep thousands of would-be homeowners from taking their place on the property ladder, a leading adviser to Gordon Brown has warned. Prof Nickell: 'there are good borrowers out ...
2008-05-04 04:10:00