Mortgage and Financial News From 2008-2-17 Page 14

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  • Sen. McCain says Fed should have cut rates earlier - Reuters

    Sen. McCain says Fed should have cut rates earlierReuters - 1 hour agoAmid economic data pointing to a possible US recession and turmoil in credit markets stemming from a mortgage finance crisis, the Fed reduced interest rates ...
    2008-02-17 10:33:22

  • Stimulus plan is like giving a drink to a drunk - Desert Dispatch

    Stimulus plan is like giving a drink to a drunkDesert Dispatch, CA - 1 hour ago... and “lower rates won't be of much help to homeowners interested in refinancing if their house is now worth less than the size of their mortgage. ...
    2008-02-17 10:36:53

  • Q&A: Northern Rock nationalisation - BBC News

    Q&A: Northern Rock nationalisationBBC News, UK - 1 hour agoQ: I have a mortgage with Northern Rock. What does this mean to me? As the new chief executive Ron Sandler has said, it is "business as usual" in the sense ...
    2008-02-17 10:39:25

  • Abheek Barua: The sub-prime mess and inclusive banking - Business Standard

    Abheek Barua: The sub-prime mess and inclusive bankingBusiness Standard, India - 1 hour agoThere are fairly obvious lessons that we can learn from the sub-prime mortgage market crisis in the US. Lax credit norms breed the possibility of ...
    2008-02-17 10:39:50

  • Bill Clinton Campaigns for Wife in Ohio - The Associated Press

    Bill Clinton Campaigns for Wife in OhioThe Associated Press - 36 minutes ago... with the highest foreclosure rates in the nation last year, according to a study released last week by RealtyTrac Inc., a mortgage research company. ...
    2008-02-17 11:21:03

  • Banks alone cannot save the farmers - Livemint

    Banks alone cannot save the farmersLivemint, India - 32 minutes agoIf banks can restructure loans for corporations, bring down the interest rates and offer them a longer repayment period with a moratorium and even freedom ...
    2008-02-17 11:24:49

  • Bill Clinton Campaigns In Ohio For Wife - Kentucky Post

    Bill Clinton Campaigns In Ohio For WifeKentucky Post, KY - 29 minutes ago... 20 areas with the highest foreclosure rates in the nation last year, according to study released last week by mortgage research company RealtyTrac Inc. ...
    2008-02-17 11:27:19

  • Bill Clinton Stumps For Wife In Austin - KXAN-TV

    Bill Clinton Stumps For Wife In AustinKXAN-TV, TX - 21 minutes agoClinton said Hillary Rodham Clinton would "aggressively stop foreclosures before they start" by halting them for 90 days and freezing mortgage rates. ...
    2008-02-17 11:35:31

  • Liberals push for $20000 in tax rebates - The Standard

    Liberals push for $20000 in tax rebatesThe Standard, Hong Kong - 3 minutes agoHe said being prudent in handling the surplus is not the way to combat a possible economic downturn caused by the US subprime mortgage crisis. ...
    2008-02-17 11:53:52

  • Trend in India (The Hindu)

    In the Indian context, certain elements of the crisis are replicating themselves. Indian banks too are resorting to free disbursal of consumer loans, devoid of proper assessment or documentation. Market prices of real estate have shown a rising trend, thereby increasing the scale of borrowing.
    2008-02-17 10:57:56

  • Father, son suspected in cottage break-ins across 4 counties (Detroit Free Press)

    LUDINGTON — Authorities say a father-and-son team is suspected in a string of break-ins at cottages in Mason, Manistee, Lake and Oceana counties.
    2008-02-17 10:58:34

  • Q&A: Northern Rock nationalisation (BBC News)

    We answer some of the key questions surrounding the nationalisation of troubled Northern Rock.
    2008-02-17 10:59:58

  • Some homeless people take shelter in foreclosed homes (Detroit Free Press)

    CLEVELAND — The nation's foreclosure crisis has led to a painful irony for homeless people: On any given night they are outnumbered in some cities by vacant houses. Some street people are taking advantage of the opportunity by becoming squatters.
    2008-02-17 11:02:30

  • Sen. McCain says Fed should have cut rates earlier (Reuters)

    WASHINGTON (Reuters) - U.S. Republican presidential front-runner John McCain said on Sunday that Federal Reserve Chairman Ben Bernanke should have cut interest rates sooner.
    2008-02-17 11:19:20

  • Bill Clinton campaigns for wife in Ohio (Boston Globe)

    Former President Clinton told hundreds of Hillary Rodham Clinton's supporters on Sunday that her campaign for the Democratic presidential nomination will likely come down to contests next month in Ohio and Texas.
    2008-02-17 11:42:47

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