Mortgage and Financial News From 2008-5-4 Page 5
Previous Day: 2008-05-03
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Too many homes, not enough buyers (Tacoma News Tribune)
Facing fewer buyers and many, many homes for sale, South Sound builders are pulling back and getting extra promotional.
2008-05-04 01:34:30 -
Chamber seeks event center site study (Casper Star-Tribune)
CODY -- A detailed evaluation of at least three potential sites may be the next step in deciding whether to build an event center here, with the purpose of the proposed facility likely to play a large role in determining its location.
2008-05-04 02:01:24 -
Executive moves (Crain's New York Business)
Executives in accounting, advertising, finance, high tech and new media, law and real estate have all found new digs. Check out the new faces in key places.
2008-05-04 03:02:57 -
Buffett sees credit crisis easing (BBC News)
US investment guru Warren Buffett says the worst of the credit crunch is over, for Wall Street at least.
2008-05-04 04:27:54 -
Foreclosure: a far-reaching problem (WTOP Radio Network)
Ellen Scrivens bought her house four years ago.She refinanced with an interest-only loan, lost her job two months later and then, in August 2007, her Frederick home. Attempts to reconcile with the mortgage company proved futile, she said.
2008-05-04 06:21:18 -
Borrowers' euphoria clouded subprime risks (WTOP Radio Network)
People were so happy to be in a home that the risks of the subprime loans they signed up for went right over their heads.
2008-05-04 06:51:37 -
Securities sales bear inspection (Columbia Daily Tribune)
Some investors who were encouraged last fall to put their savings into auction-rate securities are angered that large institutional investors were selling off those kinds of investments at the same time.
2008-05-04 07:13:01 -
What reluctant landlords need to know (Austin American-Statesman)
Time to sell the house, but the market is sluggish. Should you rent it out instead?
2008-05-04 05:31:28 -
State should license mortgage loan originators - Arizona Daily Star
Senate Bill 1028 should become law. The bill would require loan orginators — the middlemen between consumers and mortgage-lending institutions — to be trained, tested, undergo criminal background checks and maintain a state license. Arizona needs ...
2008-05-02 05:59:00 -
What are the biggest financial rip-offs? - News.com.au
EVERYBODY seems to have a beef about how they are being overcharged or ripped off. But things are changing in the world of banking and finance -- they are starting to listen to the concerns of customers. Last year the banks were faced with a consumer ...
2008-05-04 05:28:00 -
St. Louis: Mike Ashley Friday notes (Motorsport.com)
He's used to hanging around drag racing tracks, but not to presenting $250,000 to anyone. But that was one of the good things that happened to Mike Ashley Friday before he even went to Gateway International Raceway to begin qualifying for the O'Reilly Midwest Nationals.
2008-05-02 10:57:18 -
Quinn: Is Anyone Going to Save Us? (Newsweek)
Enough borrowers are still making payments to keep the pools of subprime loans reasonably profitable.
2008-05-03 04:23:39 -
The Natchez Democrat (The Natchez Democrat)
After a couple of months of wondering if Natchez Regional Medical Center would be open much longer, its future appears more solid than ever now. So what’s the difference?
2008-05-03 10:07:35 -
MAILBAG (Richmond Times-Dispatch)
Lots to consider in keeping kin's co-op Q:A relative recently passed away without a will. She had just bought a co-op in New York and has a hefty mortgage on it. We would like to keep the property, take over the mortgage and have the title transferred. How does one go about doing this? -- Dianne A: I suspect that a probate estate will have to be opened up in the location where your relative ...
2008-05-04 12:08:48 -
Capstead Mortgage Corporation Declares May Dividend on Its $1.26 - MSN MoneyCentral
The Board of Directors of Capstead Mortgage Corporation CMO announced today that it will pay a regular monthly dividend of $0.105 per share on the $1.26 Cumulative Convertible Preferred Stock, Series B CMOPRB . The dividend is payable on May 30 to ...
2008-05-02 12:52:00
