Mortgage and Financial News From 2008-5-24 Page 3
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Up to 5 Free Quotes with 1 Form. Refi or Home Equity. Intro Terms. - Colleyville Courier
Use Capterra to Find and Compare Top Email Marketing Software. $150,000 Loan for $391/month - Refinance, Home Equity and Purchase. Historic Low Rates From Top Lenders - No Obligation, No SSN Required & Bad Credit OK. Sale Price! 5000 4x6 $189 ...
2008-05-24 10:17:00 -
City bonuses defy credit crunch and hit new record of £13bn - Daily Telegraph
A Telegraph analysis of government figures shows how bonuses for City workers and other financial services professionals have continued to soar, exceeding previous records by more than £500 million. The recent annual awards were mostly triggered by ...
2008-05-24 02:06:00 -
S&P downgrades Scottish Re's credit 4 notches - Forbes
Standard & Poor's Ratings Services cut Scottish Re Group Ltd.'s credit deep into junk, saying a portfolio of bad mortgage investments is making it tough for the insurer to raise cash. S&P downgraded Scottish Re to "CCC-" from "B," implying the ...
2008-05-23 12:48:00 -
In The Red: My own flat! Yay! Now, how the hell do I pay the bills? (Independent)
And so, at last, I've found a place to live. After several long months of searching, several more of legal wrangling, and at least a week's worth of contractual negotiations, I'm finally installed inside my shiny new flat on Bethnal Green Road in east London. It's light, not too tiny and, while currently lacking one rent-paying flatmate, it is also – crucially – minus any blood relatives. I'll ...
2008-05-23 04:22:06 -
Hitch a ride with your credit card – or your mortgage (Independent)
The cost of air travel has been rocketing in recent months, as rising fuel prices have left airlines with little choice but to pass on their soaring costs to consumers. Unfortunately, however, when it comes to extracting additional cash from their customers, the airlines have taken a leaf out of the banks' book – preferring to add on additional charges rather than simply putting up the price of ...
2008-05-23 04:22:26 -
REGION: Foreclosure scam busted, officials say (North County Times)
The San Diego County district attorney, the state attorney general and the FBI announced Thursday that they arrested four San Diegans in connection with a Carlsbad-based foreclosure scam that bilked about 400 Southern California homeowners out of hundreds of thousands of dollars.
2008-05-23 07:35:08 -
Mortgage rates tumble with falling jobs, output (Seattle Post-Intelligencer)
Mortgage rates fell this week on continued signs of economic weakness.
2008-05-23 08:23:58 -
Our View: The housing market takes care of itself (Appeal-Democrat)
Perhaps it's inevitable in an election year that politicians of both parties are proposing plans to save homeowners from the results of a busted housing bubble. No doubt, prices have come down rather quickly in California, which has become the nation's foreclosure capital.
2008-05-24 12:10:50 -
The best way to find meaning at work? Don't look for it (BBC News)
It pays the mortgage and gets you up in the morning, but workers want more from a job - they want meaning. Just don't go looking for it, says Lucy Kellaway.
2008-05-24 12:54:32 -
Wall Street Exodus: Fear, Panic and Anger (NYTimes.com via Yahoo! Finance)
Investment bankers, recruiters and psychologists say the current economic downturn, the cascade of layoffs and grim financial news have exacted an especially daunting psychic price.
2008-05-24 03:37:47 -
Ambac Responds to Article Related to Its Second Lien RMBS Exposure - MSN MoneyCentral
Ambac Financial Group, Inc. ABK (Ambac) today responded to a Credit Sights article published on May 21, 2008 that calls into question the current level of Ambac's loss reserves on its second lien RMBS exposure. In the article Credit Sights opines ...
2008-05-20 05:52:00 -
Good times for rural banks - Minneapolis Star Tribune
While farmers raise corn and wheat, many small-town bankers are growing profits. "Anecdotally, I can tell you the banks in the rural outstate are having very good financial years," said Marshall MacKay, president and chief executive of Independent ...
2008-05-24 02:42:00 -
NHI announces second quarter dividend - Forbes
National Health Investors, Inc. (NYSE: NHI) announced today that it will pay a second quarter dividend of 55 cents per common share to shareholders of record on June 30, 2008 and payable on August 8, 2008. NHI specializes in the financing of health ...
2008-05-22 02:22:00 -
Millionaires' summer haunts are feeling the economic chill - Daily Telegraph
Even in one of the country's most affluent enclaves, a new word has entered the lexicon – foreclosure, the American equivalent of repossession. Not only have at least 10 properties, including a $15 million (£7.6 million) mansion, been foreclosed ...
2008-05-24 02:06:00 -
Existing Home Sales Fell in April to Another Low (NYTimes.com via Yahoo! Finance)
Sales of previously owned homes, which make up the bulk of the housing market, dipped 1 percent last month, according to the National Association of Realtors.
2008-05-24 10:36:44