Mortgage and Financial News From 2008-9-12 Page 01
Previous Day: 2008-09-11
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Getting a loan is tough, here's what you need to know - AZCentral.com
With tighter lending standards and a slumping housing market, opening the door to a home of your own is more challenging that it has been in years. Experts say the rules for obtaining a home loan have undergone more revision in the past 18 months ...
2008-09-12 07:39:00 -
Upcoming business events and economic reports - Boston Globe
WASHINGTON -- Federal Reserve releases industrial production for August, 9:15 a.m., weekly Treasury auction. LOS ANGELES -- Arraignment of former UCLA medical center employee Lawanda Jackson on federal charge of selling private info to media. TUESDAY ...
2008-09-12 04:40:00 -
Has the housing market hit bottom? - Los Angeles Times
With mortgage interest rates edging down and the price of homes a good 30% below their peak in Southern California, Ryan Ratcliff made a decision on the minds of many: He decided to buy a house. ¶ Ratcliff, a University of San Diego economist who ...
2008-09-12 08:15:00 -
U.S. stocks hang on Lehman's fate (MarketWatch via Yahoo! Finance)
The direction of U.S. stocks next week will largely depend on the fate of Lehman Brothers amid widespread speculation that the beleaguered 158-year-old investment firm may be bought out or bailed out before the weekend is over.
2008-09-12 09:01:00 -
Bankers' Huge Bonuses Should Be Proportionate To The Risks Taken (The Tampa Tribune)
When federal regulators start writing new rules for financial institutions next year, they should demand big changes in how bankers and traders are paid.
2008-09-12 09:07:40 -
'Chinese regulators should learn from Lehman' (Asia News Network)
As question marks hang over the survival of Lehman Brothers Holdings Inc and the prolonged subprime crisis, analysts say Chinese regulators should learn from the situation facing the struggling Wall Street investment bank.
2008-09-12 10:01:26 -
Hidalgo County foreclosures increase (Valley Morning Star)
McALLEN - Hidalgo County foreclosures are rising as the nationwide economic woes continue to chip away at the long-held belief that the Rio Grande Valley is a haven for growth, according to a report released Friday.
2008-09-12 10:09:46 -
Heat bears down on North Texas (The Allen American)
While the scattered rainstorms Wednesday brought a brief respite from the heat wave in the North Texas area, meteorologists project temperatures to return back to the triple digits by the end of the week.
2008-09-12 10:23:46 -
With proper steps, buyers are still able to secure loans (Daily Herald)
Flummoxed by the foreclosure mess in the housing market, lenders have returned to the ABCs of lending when judging potential borrowers.
2008-09-12 10:43:41 -
Omni Reverse Launches New Website and Identity - Forbes
Omni Reverse (http://www.omnireverse.com) announced that it has launched a new branding and identity program including a revamped and improved website. Previously the company was known as OmniHome Financing. Omni Reverse also recently moved to a new ...
2008-09-10 02:27:00 -
Reverse mortgages to be discussed - Chico Enterprise-Record
CHICO — The pros and cons of reverse mortgages will be the focus of a program planned at 10:30 a.m. Thursday at the Chico Association of Realtors, 1160 E. First Ave. Sponsored by Security One Lending of Redding, the meeting will cover topics ...
2008-09-11 11:51:00 -
Jumbo Reverse Mortgages: The Great Disappearing Act of 2008 - Forbes
SAN FRANCISCO, Sept. 11 /PRNewswire/ -- For anyone keeping score, the list of mortgage products that have disappeared over the past 24 months is long indeed. That trend has showed few signs of abating in 2008, with jumbo reverse mortgages among the ...
2008-09-11 05:29:00 -
These Home-Equity Loans Come With Big Risks (Washington Post)
(Second of two articles)
2008-09-12 05:55:54 -
Even Britain is going off the ‘British Way' (The Globe and Mail)
Lesson 1 of the British Way: Nobody cares who owns anything, and anything can be bought, at any time, by anyone
2008-09-12 08:22:33 -
A Bailout for Lehman? Not Likely - BusinessWeek
by Matthew Goldstein and David Henry It's looking as though Lehman Brothers ( LEH ) may not be able to count on the federal government for any help in its hour of need, and that has all of Wall Street shaking. Shares of Lehman sank deeper into penny ...
2008-09-12 02:32:00