Mortgage and Financial News From 2008-9-27 Page 01
Previous Day: 2008-09-26
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14
-
Crisis puts home loans out of reach - CNN Money
NEW YORK (CNNMoney.com) -- Wall Street's meltdown has put the squeeze on all sorts of lending, and home loans are no exception. Now, even some very well-qualified home buyers are getting turned down for mortgages. "A lot of good, well-qualified ...
2008-09-26 03:24:00 -
Homes more affordable; loans are not - Miami Herald
To understand how the credit crisis is hitting home in South Florida, consider the plight of Teresa and Hoover Encalada. The couple found a two-bedroom condo they loved at the Plaza on Brickell. At $434,000, the price was right. Their credit was good ...
2008-09-27 09:16:00 -
Buyers, sellers face hurdles as local houses lose value: The bottom ... - TradingMarkets.com
IT'S HARDER: "The guidelines for these loans have become more stringent," said Vancouver-based mortgage broker Matt Elerding. Home equity loans are riskier for banks, and in today's risk-conscious environment you will need more documentation than in ...
2008-09-27 05:06:00 -
Property Ladder - 7 Days UAE
There are so many tasks to complete when contemplating a sales purchase that assistance in the ‘mortgage maze’ can be a real bonus, especially if you are a non-resident purchaser. There are several advantages of using a broker. Firstly, he or she ...
2008-09-27 03:25:00 -
Advertisement starts (Tiscali)
sliding housing market. The financial crisis and weakening economy have heaped pressure on British Prime Minister Gordon Brown, whose party lags the opposition Conservatives in opinion polls and whose leadership has been questioned by some in his own party.
2008-09-27 08:12:36 -
Inland counties investment pools skirt financial turmoil but some local agencies face losses (The Press-Enterprise)
More than a year ago, San Bernardino County Treasurer Dick Larsen began having concerns about investments with Lehman Brothers Inc. By March, his worries became so great that he put the firm on a no-buy list for his staff as they invested and managed a pool of $3.7 billion in taxpayer money.
2008-09-27 08:53:13 -
Real estate people (Asheville Citizen-Times)
Do you have real estate news? Send it to business@citizen-times.com, with “real estate people” in the subject line. We will publish items as soon as possible, in the order in which they were received.
2008-09-27 09:27:15 -
Congressional Negotiators, Paulson Work Late To Broker Bailout Bill (The Tampa Tribune)
Congressional negotiators and Treasury Secretary Henry Paulson worked into Saturday night at the Capitol trying to broker a deal on a $700 billion rescue plan for the nation's financial system that could win enough votes to pass in a high-stakes election year.
2008-09-27 09:32:27 -
Those Other Guys on the Street (New York Times)
Dreams of riches still live at hedge funds and private equity firms.
2008-09-27 09:42:14 -
Falling mortgage rates may lure more home buyers - USA Today
A drop in mortgage rates that's accelerated since the government said it would take over Fannie Mae and Freddie Mac has raised hopes that more buyers might be drawn into the housing market and help reverse the worst slump in decades. Analysts caution ...
2008-09-08 05:57:00 -
Analysis: Economic crisis is latest to erode faith in Washington (The Gainesville Sun)
Squabbling reached new heights this past week over President Bush's proposed $700 billion bailout - "rescue plan" the White House likes to call it - of tottering banks and financial institutions holding devalued mortgages.
2008-09-27 09:42:23 -
Middle-class squeeze leads to a rush at pawnshops (The Oregonian)
Cars line up outside Silver Lining Jewelry & Loan before the doors open. Desperate eyes peer from dented Chevys and well-kept Hondas. In a steady stream from 9:30 a.m. to 5:30 p.m., they lug bags, boxes and cases. Each holds...
2008-09-27 09:51:48 -
Six things you need to know to understand the financial crisis - Boston Globe
Financial calamities have come in waves during the past two weeks, each one sending another jolt through the US economy. These daily - sometimes hourly - developments have included continued declines in the housing market, government bailouts of ...
2008-09-27 09:16:00 -
A crash course in credit - Boston Globe
To understand the urgency of the biggest government bailout in US history, look no further than Don Castle, Roberta O'Connor, and Don Chiofaro. Castle is a Lynn probation officer awash in mortgage and credit card debt who cannot get a new loan to pay ...
2008-09-27 09:30:00 -
Area golf courses make it despite economy (Manassas Journal Messenger)
In May, a handful of local and statewide golf officials predicting varying results for the coming summer. Back then, the economy merely looked gloomy.
2008-09-27 08:50:39