Mortgage and Financial News From 2008-6-12 Page 3
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
-
Fortress Financial Group, Inc. - US$5 Million Share Buyback and ... - MSN MoneyCentral
The Management of the Company has resolved to commence a share buyback, in the initial amount of US$5 million with the aim of reducing the Company's outstanding shares by as much as 30% in the next two months. This will commence upon the announcement ...
2008-06-12 09:04:00 -
How to defuse the scariest retirement threats - USA Today
With stocks sagging, home prices tumbling and food and gas prices robbing people's budgets, these are nerve-jangling days for consumers. Especially if you're retired. Wasn't retirement supposed to be the time to finally relax? Don't despair. You can ...
2008-06-12 05:32:00 -
Force out - Marketwatch
WASHINGTON (MarketWatch) -- Question: Regarding reverse mortgages, if one spouse remains in the home while the other moves to an assisted living facility, does this trigger the due-on-sale clause? Also, I assume that in-home nursing care counts as ...
2008-06-12 04:14:00 -
Reverse Mortgages Promise Seniors Cash, Advisers Urge Caution - Bloomberg
June 13 (Bloomberg) -- Maurice Shapiro, a retiree from Miami Beach, Florida, is taking a cruise to Alaska this summer, a trip he says he never would have made without his reverse mortgage. ``I'll be 81 in two weeks and life doesn't go on forever ...
2008-06-12 09:43:00 -
Goldman, Banks to Sell `Big Brother' Loans at a 27.5% Discount - Bloomberg
June 13 (Bloomberg) -- Banks led by Goldman Sachs Group Inc. plan to sell loans used in the leveraged buyout of Endemol NV , the Dutch television producer of ``Big Brother,'' for as little as 72.5 cents on the dollar, said four people with knowledge ...
2008-06-12 04:21:00 -
Ex-Capital One employee files whistleblower lawsuit - Forbes
NEW YORK (Reuters) - A former underwriter who says she was forced to resign after blowing the whistle on fraud at Capital One Financial Corp 's subprime mortgage unit filed a $51 million lawsuit against her former employer Thursday. According to the ...
2008-06-12 03:09:00 -
A Republican Congressional Candidate's Lonely Voice - Washington Post
GOP congressional candidate Peter James bring his antiwar stance and message of less government spending to commuters at the Cheverly Metro station. (By Nikki Kahn -- The Washington Post) No Republican has captured more than 25 percent of the vote in ...
2008-06-12 09:14:00 -
Federal Housing Administration loans making a comeback - Seattle Post Intelligencer
After being out of style during the housing boom of recent years, Federal Housing Administration loans have made a comeback, according to the agency. FHA-insured loans traditionally have been a resource for first-time buyers and those with blemished ...
2008-06-12 05:54:00 -
Insurance news on storm damage bad for now - Wisconsin State Journal
Dozens of Wisconsin communities, including the flood-damaged villages of Lake Delton and La Valle, have dropped out of the federal flood insurance program, leaving residents at risk of millions of dollars in losses, state and federal officials said ...
2008-06-11 05:55:00 -
Seaboard apartments planned - Raleigh News & Observer
Staff File Photo by Takaaki Iwabu You can buy groceries there. Hardware, too. You can work out and eat out there, as well. And soon you may be able to live at Seaboard Station. Seaboard LLC filed preliminary site plans with the city to build 112 ...
2008-06-11 11:03:00 -
Blunt signs military, mortgage fraud and tax credit bills - Jefferson City News Tribune Online
Gov. Matt Blunt signed bills Wednesday to help military children and spouses transition among schools, expand a tax incentive program for certain businesses and create the specific crime of mortgage fraud. Blunt traveled throughout western Missouri ...
2008-06-12 05:08:00 -
Obama meets with Appleton family before town hall meeting - Minneapolis Star Tribune
"Too bad he's going to raise there taxes." Nice job dalyfan. If I'm going to criticize/bash someone, I might recommend sounding … read more intelligent and using "their" in its proper context and spelling. No one takes you seriously when you miss ...
2008-06-12 09:47:00 -
Going for broke, American-style - San Francisco Gate
When the GOP Congress passed and President Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, supporters hailed the measure as a victory for "personal responsibility." Three years later, the bill has managed to dent the ...
2008-06-12 12:43:00 -
A timeline of Lehman Brothers' recent history - Forbes
Aug. 22 - Announces plans to shutter its subprime mortgage business, BNC Mortgage LLC, eliminating 1,200 workers at 23 offices. Sept. 18 - Surprises investors with better-than-expected third-quarter results, but declines to give details of its losses ...
2008-06-12 08:57:00 -
Lehman's Holders in Pain - Wall Street Journal
The good news about Lehman Brothers Holdings Inc. is that it's no Bear Stearns. The firm won't disappear overnight. The bad news is its survival will still be pretty painful for shareholders. Unlike Bear, Lehman has access to the Federal Reserve's ...
2008-06-12 08:38:00