Mortgage and Financial News From 2008-1-12 Page 17

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• Fears About Economy Increase

  Washington Post - New indications emerged yesterday that the spiraling subprime mortgage crisis is spreading from home loans to credit cards, potentially engulfing a far broader segment of Americans. At the same time, the U.S. trade deficit soared to a 14-month high ...
  2008-01-12 11:33:00

• Recession worries sink stocks

  Daily Pilot - Calendarlive The Envelope Travel Magazine Home & Garden Health Food Autos Books Image Arts & Culture Photography Obituaries Crossword ... For months, investors have worried about the inability of many sub-prime mortgage holders to meet loan payments. But those ...
  2008-01-12 11:19:00

• US states probe sale of securities that included riskier-than-subprime ...

  CNBC - HARTFORD, Connecticut (AP) _ Authorities in New York and Connecticut are investigating whether Wall Street banks hid crucial information about high-risk home mortgage loans bundled into securities that were sold to investors, Connecticut's Attorney ...
  2008-01-12 12:30:00

• Exports suffer on two fronts in US market - Bangkok Post

  Exports suffer on two fronts in US marketBangkok Post, Thailand - 2 hours agoMany Thai exporters to the United States are beginning to feel the impact of a double blow from the baht's appreciation and the sub-prime mortgage crisis, ...
  2008-01-12 10:49:14

• "Housing counselors 'hopping in Gwinnett" - Atlanta Journal Constitution

  "Housing counselors 'hopping in Gwinnett"Atlanta Journal Constitution,  USA - 1 hour agoThen the mortgage rates reset. Their monthly payment ballooned. Trouble. I sympathize with anyone who loses a home. One group tangled up in the foreclosure ...
  2008-01-12 11:34:27

• Pain on the cards for households - Stuff.co.nz

  Pain on the cards for householdsStuff.co.nz, New Zealand - 1 hour ago"You want your mortgage and nothing else at this point," Koh said. But she fears many are not in a position to heed her. "I see people with no assets to ...
  2008-01-12 11:40:07

• Insurance knockback for Argosy - Stuff.co.nz

  Insurance knockback for ArgosyStuff.co.nz, New Zealand - 1 hour agoThe firm specialised in lending to those who could not borrow from banks, and in supplying unusual mortgage deals. While that included Islamic home loans ...
  2008-01-12 11:40:12

• Investors see red as Blue Chip falters - Stuff.co.nz

  Investors see red as Blue Chip faltersStuff.co.nz, New Zealand - 1 hour agoIn November 2001 the median selling price of an Auckland home was $245000, exactly the same as it had been in 1997. But by November 2004 the Auckland median ...
  2008-01-12 11:40:20

• Bank of America to buy Countrywide - Milwaukee Business Journal

  Bank of America to buy CountrywideMilwaukee Business Journal, WI - 1 hour agoCountrywide and Bank of America are the two biggest home mortgage lenders in the DC area, according to Washington Business Journal research. ...
  2008-01-12 11:47:17

• Eliminate Credit Card Debt – Eradicate Your Financial Stress - American Chronicle

  Eliminate Credit Card Debt – Eradicate Your Financial StressAmerican Chronicle, CA - 45 minutes agoMostly, they are granted against a home equity. Or you have to mortgage a car, boat, or other such thing to obtain a consolidation loan entailing low rate ...
  2008-01-12 12:14:32

• 2008 Begins With An Economic Whimper - Huffington Post

  2008 Begins With An Economic WhimperHuffington Post, NY - 40 minutes ago... the ongoing problems in mortgage markets. In addition, a number of factors, including higher oil prices, lower equity prices, and softening home values, ...
  2008-01-12 12:20:03

• States Probe Banks' Role in Risky Loans - The Associated Press

  States Probe Banks' Role in Risky LoansThe Associated Press - 39 minutes ago... he claims are conflicts of interest in the mortgage industry. He said he wanted to know about billions of dollars of home loans they bought from banks, ...
  2008-01-12 12:21:16

• THE ABSOLUTE AND UNACCOUNTABLE POWER OF HOMEOWNER ASSOCIATIONS - AHRC News Services

  THE ABSOLUTE AND UNACCOUNTABLE POWER OF HOMEOWNER ASSOCIATIONSAHRC News Services, CA - 31 minutes ago... institutions have also fallen victims of this American home mortgage scam and are now looking for taxpayer financed bailouts from their governments.
  2008-01-12 12:28:45

• Let’s have a fair tax policy - Rio Rancho Observer

  Let’s have a fair tax policyRio Rancho Observer, NM - 28 minutes agoAdditionally, the property tax is usually rolled into a mortgage payment and doesn’t have to be paid all at once. Vacant desert land, regardless of its ...
  2008-01-12 12:31:33

• Vitek vanquishes Rayz - Rio Rancho Observer

  Vitek vanquishes RayzRio Rancho Observer, NM - 28 minutes agoAlthough Holladay’s shot was saved by goalie Jason Tapp, Chris Robertson was there to put the rebound home, tying the game at one. ...
  2008-01-12 12:31:36

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