Mortgage and Financial News From 2008-2-17 Page 3
Previous Day: 2008-02-16
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LOCAL NEWS (Daily Record)
A driver lost control and crashed through the wall of a Rockaway Township house on Green Pond Road around 1 p.m. Friday, police said.
2008-02-17 09:40:59 -
Banks' 2007 reports will give a sense of scale of subprime upheaval (International Herald Tribune)
Most major U.S. banks and several of Europe's biggest financial companies will soon release earnings statements - for some the first audited reckoning of how badly they were burned by the U.S. subprime mortgage loan debacle.
2008-02-17 09:44:18 -
How to cut risks of a new business (Daily Breeze)
For many years, Karen's friends have kidded her about her "impeccably bad timing," because the Lawndale resident seems to have a knack for being behind the curve in almost everything she attempts - from taking advantage of technology advances to making major purchases.
2008-02-17 09:56:41 -
Broaddus pessimistic on economy (Winchester Star)
Millwood — With 34 years experience working at the Federal Reserve Bank in Richmond, including 11 years as its president, J. Alfred Broaddus Jr. began his lecture at the Historic Long Branch estate with terms any layman could understand.
2008-02-17 09:59:27 -
Dow ETF looks like a diamond in the rough (MENAFN)
Dow ETF looks like a diamond in the rough
2008-02-17 10:13:42 -
Own to Rent: Yes, We Can!
Common Dreams - Now this process is working in reverse. With house prices falling, millions of homeowners no longer have any equity against ... This is “Twinkle Bunny Economics.” Rents generally exceed mortgage payments or mortgages could not be paid by the owners. ...
2008-02-11 03:58:00 -
The Twelve Steps to Financial Disaster
FXStreet.com - ... US history with home prices likely to eventually fall 20 to 30%; second, because of a credit bubble that went beyond mortgages ... Even the easing of the liquidity crunch after massive central banks' actions in December and January will reverse as credit ...
2008-02-11 10:46:00 -
January 2008
Cape Cod Today - ... and an incompetent Congress the value of the American dollar is plunging, families are being toppled by shattering mortgages ... in the world, and clean up the mess made by Rudy Guiliani in New York, he, and only he, has what it takes to reverse what ...
2008-02-13 12:57:00 -
Is a reverse mortgage right for you?
MSNBC - ... the experts didn't see coming. To me, that means it's time to look under the hood, kick the tires and really get a sense of whether that particular product is for you before you buy into all the hype. These days, that hype is about reverse mortgages
2008-02-12 03:57:00 -
Lawsuit by city targets lender
Baltimore Sun - District Court, alleges that California-based Wells Fargo Bank sold higher-interest subprime mortgages to blacks more frequently than to whites and that the practice, known as reverse redlining, violates federal housing law. Lenders are increasingly ...
2008-02-15 03:53:00 -
Who Qualifies For Reverse Mortgages
PR Inside - 2008-02-17 10:41:08 - Reverse mortgages can be a great solution for seniors who wish to remain in their home but are having difficulty making their monthly payments and meeting other financial obligations. If you are over age 62 and own your own home ...
2008-02-17 01:32:00 -
Rules for deducting casualty losses
Baltimore Sun - Tax Talk 2006 Q&A Rules for deducting casualty losses SC&H Group experts also address reverse mortgages, tax-exempt interest
2008-02-16 08:57:00 -
Reverse mortgage education call
News.com.au - SEQUAL is lobbying for more education for retirees on how to safely use reverse mortgages to fund their retirement. A reverse mortgage is a loan where people borrow money against the equity in their home. Mr Dell says the survey found an extra $300 a ...
2008-02-17 05:50:00 -
Reverse mortgages on rise (UPI)
U.S. banking analysts say there's been a sharp rise in the number of homeowners tapping into their equity through reverse mortgages.
2008-02-16 08:09:48 -
Is A Reverse Mortgage For You? (The Tampa Tribune)
Doesn't it seem like every time you turn on your TV set or open your newspaper, you see an advertisement for a new financial product?
2008-02-16 09:15:17
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