Mortgage and Financial News From 2008-6-12 Page 15
Previous Day: 2008-06-11
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17
-
Foreclosures lift consumer spending: JPMorgan - Reuters
NEW YORK (Reuters) - The record wave of foreclosures darkening the U.S. housing market may actually be boosting consumer spending, Tom Lee, chief U.S. equity strategist at JPMorgan Securities, said on Wednesday. Many owners are stuck with mortgages ...
2008-06-11 10:02:00 -
Everyone's a central banker these days - Globe and Mail
Ed Yardeni, head of Yardeni Research, doesn't like the new inflation-fighting tone of the U.S. Federal Research one bit. In a note to clients, Mr. Yardeni called it an abrupt U-turn after the Fed lowered its outlook for economic growth just a few ...
2008-06-11 08:37:00 -
Mortgage brokers fade with the deals - Herald Tribune
Published Thursday, June 12, 2008 at 4:30 a.m. Last updated Thursday, June 12, 2008 at 4:09 a.m. In the midst of a residential property craze, the mortgage broker — cell phone memory clogged with lenders — was the one who could make the deal ...
2008-06-12 01:26:00 -
Thornburg schedules Q1 earnings conference call on Thursday morning - MSN MoneyCentral
Thornburg Mortgage Inc. said Wednesday it will release results for its first quarter on Thursday, June 12, before the stock market opens. Larry Goldstone, president and chief executive officer of the company, then will host a conference call from 10 ...
2008-06-11 03:10:00 -
RBS Faces `More Bad News Than Good News,' Chief Says (Update3) - Bloomberg
June 11 (Bloomberg) -- Royal Bank of Scotland Group Plc , Britain's second-biggest bank, faces ``more bad news than good news'' for as long as 15 months, Chief Executive Officer Fred Goodwin said. RBS fell 9 percent in London trading to its lowest ...
2008-06-11 10:02:00 -
HBOS golden boy Andy Hornby under pressure over rights issue - Daily Telegraph
Two months ago, when HBOS launched its £4bn rights issue to bolster its capital base, few thought there was any risk. HBOS chief Andy Hornby was the golden boy of British banking. Now he is being seen as a novice At 275p, the stock was priced at a ...
2008-06-11 11:10:00 -
Gorman versus Gorman in mortgage lawsuit - St. Louis Post-Dispatch
After May 19, mortgage company founders Mark and Deborah Gorman probably ceased being "kissing cousins." That's when Gorman & Gorman Residential Mortgage Services sued Deborah M. Gorman & Associates, a firm owned by Mark's cousin-by-marriage, and ...
2008-06-11 07:35:00 -
New SEC Rules Being Drawn Up for the Ratings Game - CFO.com
The Securities and Exchange Commission moved on two fronts to reform the embattled credit rating agencies — aiming to fix conflicts of interest in the industry, and to distinguish between different types of asset-backed securities. Twin proposed ...
2008-06-11 11:10:00 -
Sir Philip Green: you may think it’s bad on the high street, but it ... - Times Online
Sir Philip Green fears that the worst of the credit crunch has yet to hit the high street, offering the latest sign that retailers may not feel its full effects until next year. The billionaire, speaking at a Topshop fashion show in New York ...
2008-06-11 03:25:00 -
Mortgage lender Residential Finance to hire in Q3 (Business First of Columbus)
Expansion isn't associated with mortgage lenders lately, but a Columbus company is bucking the industry slowdown.
2008-06-11 08:49:00 -
Mortgage brokers fade with the deals (The Sarasota Herald-Tribune)
Ranks have thinned significantly since boom times ended.
2008-06-12 01:49:30 -
Reverse mortgage expert speaks at Maine State Bar Association meeting (York County Coast Star)
Sharron Eastman, local forward and reverse mortgage expert, will be a featured speaker at the Maine State Bar Association annual summer meeting at Sunday River Resort on June 20th. Eastman has extensive experience with Reverse Mortgage in Southern Maine...
2008-06-12 03:02:03 -
Assessments rise, not property taxes (Bennington Banner)
Thursday, June 12 BENNINGTON — Many Bennington homeowners were shocked after reading a letter they received from the town last week concerning the value of their homes. For most homeowners, the assessed value is higher than the amount they were taxed on last year, some by tens of thousands of dollars, but a town officials says the higher values are not an increase.
2008-06-12 03:05:08 -
Popular type of mortgage victim of new broker law (The Olympian)
As of today, some Washington brokers will not be able to offer reverse mortgages, in which senior citizens can draw down the equity in their houses in monthly payments.
2008-06-12 03:11:50 -
London falling: Why the UK is the next financial trouble spot (Crikey)
No related articles. Forget the staggering American commercial and investment banks like Citigroup and Lehman Brothers, the next big problem for financial stocks is in London and it’s intimately connected to the country's plunging property market.
2008-06-11 08:11:14