Mortgage and Financial News From 2008-5-4 Page 2

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• Banks get skittish about future condo loans (BizJournals)

  The subprime mortgage meltdown, housing market collapse and broader bank credit crunch have put a kink in the fire hose of cash that fueled Atlanta's condo growth.
  2008-05-04 09:37:58

• Banks work with owners as past-due loans jump (BizJournals)

  Statistics show that past-due home mortgage payments have been on the rise in Missouri and Illinois, but area real estate and mortgage professionals say they are staying optimistic about the future.
  2008-05-04 09:41:00

• Can your company survive a cash crash or a bank bust? (MENAFN)

  Can your company survive a cash crash or a bank bust?
  2008-05-04 10:06:49

• Buffett eyes Royal Bank of Scotland insurance unit (MENAFN)

  Buffett eyes Royal Bank of Scotland insurance unit
  2008-05-04 10:09:26

• Despite Decline, 100 Percent Financing Can Be Found (The Memphis Daily News)

  While most banks and mortgage companies have pretty much eliminated 100 percent financing for home loans, the product still exists. It just doesn't fl....
  2008-05-04 10:15:35

• Wells tiptoes back into wholesale mortgage biz (BizJournals)

  A hint of normalcy wafted through the mortgage market recently when Wells Fargo said it was committed to financing loans through third-party channels.
  2008-05-04 10:18:06

• Government Intensifies Mortgage Investigation (NYTimes.com via Yahoo! Finance)

  The F.B.I. and the I.R.S. are said to be investigating whether some mortgage lenders turned a blind eye when prospective borrowers used inflated income figures.
  2008-05-04 10:37:04

• Nashville: TVA, state benefit from interest rate break - Chattanooga Times Free Press

  The dark clouds over the U.S. economy are offering a ray of light for government agencies looking to borrow money. The slowing economy and the interest rate-cutting response from the Federal Reserve Bank this year have slashed interest rates for the ...
  2008-05-04 09:03:00

• Borrowing: How to get personal with a personal loan - Daily Telegraph

  As the credit crunch bites, it's a good opportunity to sort out your finances, consolidate credit card debts and clear overdrafts. To do this, you might need to lay your hands on extra money, and a personal loan could be the answer. It's likely to be ...
  2008-05-04 02:37:00

• Australian doctor wants kidneys for sale (Stuff)

  An Australian doctor says young, healthy people should be allowed to sell their kidneys for $A50,000 ($NZ60,000) to the Federal Government, which could then give them to sick patients.
  2008-05-04 01:58:56

• Sell your kidney for $50,000 (Sydney Morning Herald)

  Specialist says young people should be allowed to sell their kidneys to the Government.
  2008-05-04 02:19:53

• Borrowing: How to get personal with a personal loan (Daily Telegraph)

  Getting your hands on cash to pay off debt is easier than you think, writes Paul Farrow.
  2008-05-04 04:49:51

• Dollar: Doomsday Denied (Daily FX)

  The greenback traded with a positive tone all week long and Friday’s much smaller than expected contraction in NFP’s which printed at –20K versus forecasts of –75k only served to reinforce the notion that US economy may be simply in a slowdown rather than a full blown recession.
  2008-05-04 05:59:22

• Precious Metal Stock Review (GoldSeek.com)

  Gold was taken to the woodshed this past week. Support at $875 was broken and caused a sharp run to the major multi-decade support area of $850. I don’t see Gold going any lower but if it does it still does not signal an end to the bull market.
  2008-05-04 08:06:04

• Asian stocks hit 4-month highs (Interactive Investor)

  Mon 05 May, 2008 03:26
  2008-05-04 08:51:53

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