Mortgage and Financial News From 2008-1-22 Page 8

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  • Beese: Hoarding cash not the American way - Northwest Herald

    Beese: Hoarding cash not the American wayNorthwest Herald, IL - 50 minutes agoFellow club member Barry Marcus notes that misleading pitches by mortgage lenders helped cause the credit crisis. And what was the theme of these misleading ...
    2008-01-22 09:26:38

  • With a crash so possible, democrats need a plan for tough times - Straight Goods

    With a crash so possible, democrats need a plan for tough timesStraight Goods, Canada - 47 minutes agoBig operators like CIBC here in Canada exacerbated the problem by buying up these mortgages from the original lenders in the form of 'asset-backed ...
    2008-01-22 09:29:50

  • What the Fed rate cut means to you - Seattle Post Intelligencer

    What the Fed rate cut means to youSeattle Post Intelligencer - 47 minutes agoThe Fed's rate cut won't be of much assistance to borrowers with shaky, or subprime, credit, who want to escape their high interest rate home loans. Lenders ...
    2008-01-22 09:29:57

  • Lower mortgage rates alone won't revive the ailing real estate sector - Boston Globe

    Lower mortgage rates alone won't revive the ailing real estate sectorBoston Globe, United States - 47 minutes agoNow, lenders say the lower mortgage rates are prompting increased interest from potential borrowers, but mostly they are people who own homes already. ...
    2008-01-22 09:30:01

  • Housing market awaits outcome of interest rate cut - MiamiHerald.com

    Housing market awaits outcome of interest rate cutMiamiHerald.com, FL - 46 minutes agoBut lenders have grown more wary and selective after the recent spate of defaults and foreclosures, and borrowers with shaky credit may be unable to get ...
    2008-01-22 09:31:29

  • Default Notices Soar To Unprecedented Levels in Contra Costa - KCBS

    Default Notices Soar To Unprecedented Levels in Contra CostaKCBS, CA - 39 minutes agoThe latest report from DataQuick Information Systems tracking home loans shows mortgage defaults statewide rose to a 15-year high during the last three ...
    2008-01-22 09:37:34

  • Tax rebate will provide limited economic help - Pocono Record

    Tax rebate will provide limited economic helpPocono Record, PA - 30 minutes agoAssisting those buyers, preferably through private industry initiatives, also will help the lenders themselves. Another major economic threat is the ever ...
    2008-01-22 09:47:26

  • Economic jolt envisioned with rate cut, but recession fears persist - Dallas Morning News

    Economic jolt envisioned with rate cut, but recession fears persistDallas Morning News, TX - 23 minutes ago"There may be a bank in trouble, a mortgage lender, an insurer. There's something looming. That's what makes this so scary," he said. ...
    2008-01-22 09:54:07

  • Raise your Home Value: Home Improvement Equity Loans! - American Chronicle

    Raise your Home Value: Home Improvement Equity Loans!American Chronicle, CA - 12 minutes agoBesides, you can agree with the lender shorter or longer repayment programs so the loan installments are affordable enough to suit your budget. ...
    2008-01-22 10:05:13

  • Fed's rate cut could boost local housing market - Hilton Head Island Packet

    Fed's rate cut could boost local housing marketHilton Head Island Packet, SC - 8 minutes agoMeanwhile, home prices dropped less than 3 percent, according to data from the Multiple Listing Service of Hilton Head Island. Although lenders said the ...
    2008-01-22 10:09:29

  • It could be the right time to refinance (Austin American-Statesman)

    Home mortgage rates aren't tied to rates set by the Federal Reserve Board. But a slowing economy already has tempered mortgage rates, and the Fed's dramatic action Tuesday caused some homeowners to question whether it's the right time to refinance. \&
    2008-01-22 09:18:06

  • Home Rescue Fraud Is Targeted (The Tampa Tribune)

    The Florida attorney general's office and two state legislators said Tuesday that they will more aggressively pursue and prosecute companies that use deception to acquire the homes of people trying to avoid foreclosure.
    2008-01-22 09:20:35

  • 1-22-08 High School Scoreboard (WTOV 9 Steubenville)

    Which team will win Super Bowl XLII on Feb. 3? Sign up to receive daily sports headlines. Are you tired of working a job that you don't enjoy? Find out how to get the career you actually want.
    2008-01-22 09:41:48

  • WVU To Meet Marshall In Basketball Doublheader At Charleston Civic Center (WTOV 9 Steubenville)

    The Marshall and West Virginia men's and women's basketball teams are gearing up for their annual showdown in the Capital Classic tomorrow night. The Mountaineer women, who are ranked 12th in The Associated Press poll, have won five of the six meetings under coach Mike Carey.
    2008-01-22 09:56:48

  • Economic jolt envisioned with rate cut, but recession fears persist (Dallas Morning News)

    WASHINGTON – The Federal Reserve rushed to the rescue of a shaky stock market Tuesday with its biggest interest-rate cut in more than two decades.
    2008-01-22 10:04:03

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