Mortgage and Financial News From 2008-7-5 Page 01
Previous Day: 2008-07-04
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From building sites to sofas, the crisis starts to hit home - Guardian Unlimited
Estate agents are renowned for their deft use of the cheeky euphemism. A poky studio flat is an 'open-plan living space'; a grotty neighbourhood with no public transport is 'up-and-coming'; and a gloomy cellar is a 'garden flat'. Prices may be ...
2008-07-05 07:57:00 -
Credit crunch: Struggling singles join army of the 'invisible' poor - Guardian Unlimited
Five million of the poorest people in the UK have fallen below the radar of policymakers and become the country's 'invisible poor', a new study will claim tomorrow. A report by the National Consumer Council has exposed an army of childless people ...
2008-07-05 07:57:00 -
Presidential candidates' housing plans at a glance - Seattle Times
Presidential candidates John McCain and Barack Obama envision the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have difficulty refinancing into more secure government-insured loans with ...
2008-07-05 04:44:00 -
Moody blues cast a shadow over more than just B&B - Guardian Unlimited
None of the participants emerges with credit from the collapse of the deal by US private equity house Texas Pacific Group to inject cash into stricken mortgage bank Bradford & Bingley. TPG has not done anything wrong with a capital W: it made use of ...
2008-07-05 08:47:00 -
Alleged loan scams dotted Houston foreclosure landscape (Houston Chronicle)
Many sales, it turned out, were part of an alleged $24 million mortgage fraud scheme in which investors and others recruited buyers and supplied them with bogus documents that qualified them for exorbitant loans for Houston homes and condos, according to a recent federal indictment.
2008-07-05 10:58:42 -
Employment Numbers Steady - WXIA 11 Alive
In Monday's consumer and money headlines, mortgage rates remain steady this week, and unemployment remains at 5.5 percent. Financial woes on Wall Street are somewhat eased over this holiday weekend as unemployment remains steady at 5.5 percent. But ...
2008-07-02 05:59:00 -
The Main Event: Barack Obama gets patriotic; plane talk from John ... - New York Daily News
UP: Obama says he'll rebrand and expand Bush's faith-based initiative; lays out an ambitious national service plan; and gives a big speech reaffirming his patriotism. It adds up to an all-American triple play for moderate voters. DOWN: Wes Clark , ex ...
2008-07-02 05:59:00 -
Spain: Dark days for Brits who sought a life in the sun - Guardian Unlimited
In Vera, a tucked-away town in the southern Spanish region of AlmerÃa, the grocery stores and tapas bars are beginning to open their doors after the long afternoon siesta. Children play tag in the cobbled cathedral square as passers-by shout out ...
2008-07-05 06:02:00 -
Loans industry welcomes takeover plan - News.com.au
The Federal Government's plan to take over all state-based consumer credit laws will weed out dubious home loan brokers, Australia's mortgage industry says. Superannuation and Corporate Law Minister Senator Nick Sherry announced yesterday the Federal ...
2008-07-03 09:32:00 -
It's a renter's market (Florida Today)
Charlie and Samantha Browning, checking out the new Polo Glen apartment complex in Rockledge last week, tinkered with the idea of purchasing a house at one point, but renting seemed to be the way they want to go.
2008-07-05 10:40:23 -
No regrets over opening firms in tough times (The Record)
Starting a business is never easy and doing it during an economic slowdown could be considered either foolhardy or a recipe for failure.
2008-07-05 10:41:10 -
Thieves Have Gone High-tech -- So Should You (Elk Grove Citizen)
(ARA) - Years ago identity thieves hit the gold mine by diving into dumpsters and finding people's names and social security numbers. Today, getting "dirty" is no longer necessary to strike it big.
2008-07-05 10:41:33 -
New Bank Building, Hotel Are Planned (The Missourian)
A 5-acre tract at the intersection of Highway 100 and Rabbit Trail Drive soon will be home soon to a permanent bank facility and three-story 'upscale' hotel.
2008-07-05 10:41:45 -
Foreclosure fighter hits Phoenix (The Arizona Republic)
A big player in the foreclosure fight has expanded to Arizona and plans to conduct its first major outreach effort in Phoenix this month.
2008-07-05 10:44:19 -
5 money mistakes to avoid in tight times (The Arizona Republic)
Economic pressures can cause people to make bad moves with investments, insurance, debts and more. Here are five mistakes to avoid.
2008-07-05 10:44:39