Mortgage and Financial News From 2008-3-29 Page 01
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Free-market thinking takes hit from US economic crisis (TurkishPress.com)
A deepening economic crisis has led to unprecedented actions by US policymakers that raise questions about how far government regulation should go in a free-market economy, analysts say.
2008-03-29 09:43:48 -
Expansion weighed for anti-redlining law (The Palm Beach Post)
When Montrice Yakimov lived in a rough part of Washington while attending Howard University, every bank and credit card company turned her away after one look at her loan applications.
2008-03-29 10:00:26 -
Local housing market shows signs of spring thaw (The Post and Courier)
The somber statistics measuring the housing market in Charleston just keep coming like a steady stream of termites squirming out of woodwork. Charleston-area home sales in the first two months of the year plummeted 28.5 percent from the same period of 2007.
2008-03-29 10:01:24 -
Area bankruptcies on the rise (The Standard-Times)
The housing finance crisis is fueling a spike in bankruptcy filings across the region, as homeowners desperately try to save their homes or escape a mortgage they can't afford, local bankruptcy lawyers said.
2008-03-29 10:04:42 -
Be wary of in-house housing services (San Francisco Chronicle)
Last week I wrote about some homeowners filing suit against KB Homes and their affiliated lenders and appraisers. The plaintiffs claim that the companies used false appraisals to manipulate the price of their homes by $60,000 to $80,000. Like many new-home...
2008-03-29 10:05:16 -
The Jacoby Factor (Boston Globe)
As a Native American warrior, your ultimate triumph in battle was not to kill your enemy. It was to use your speed and your smarts and your wiles to get close enough to touch him, and then to slip away. The message was irrefutable: There was still breath in his chest only because you allowed it. Talk about power. Talk ...
2008-03-29 10:26:41 -
Credit crunch affects colleges (The Beaver County Times)
“When you have the largest student lending agency in the state of Pennsylvania saying they’re not going to do student loans this year, that’s a big issue.”
2008-03-29 10:29:26 -
US to propose sweeping new powers for Federal Reserve (Gulf Times)
WASHINGTON: President George W Bush’s administration will propose sweeping new oversight powers for the Federal Reserve in a bid to avoid calamities like the current subprime crisis, The New York Times reported yesterday.
2008-03-29 10:58:43 -
Reuters Business Summary (Reuters via Yahoo! Singapore News)
U.S. car companies go back to black
2008-03-29 08:26:24 -
Reuters Business Summary (Reuters via Yahoo! Malaysia News)
Marubeni employees' scam hit Lehman, others: sources
2008-03-29 08:38:34 -
Lawmakers, White House push for home help plan (CNN Money)
As lawmakers return to work the heat is on to push through a plan to help cah strapped borrowers and ease the tight credit market.
2008-03-29 08:48:39 -
How to avoid foreclosures 101 (The Nashua Telegraph)
NASHUA -- Sometimes the thing people need most to solve their problems is a push in the right direction. ... - By PAUL LANDAU Telegraph Staff
2008-03-29 09:15:26 -
MORTGAGE RESOURCES (The Nashua Telegraph)
If you couldn't make it to the home mortgage workshop on Saturday but want more information, here are some other resources that were distributed at the workshop: ...
2008-03-29 09:15:35 -
Some Lawmakers See No Winners In Foreclosure Fight (The Tampa Tribune)
In Los Portales, a pink and terra cotta condominium complex in this city of hard-working Hispanic immigrants and often harder luck, many of Juan Carpio's neighbors are losing their homes.
2008-03-29 09:20:33 -
Menino: Give them shelter (Boston Herald)
Dozens of Boston-area homeowners saddled with mounting mortgage debt met face-to-face with their lenders yesterday to try to negotiate more affordable payments and keep the...
2008-03-29 09:23:48