Mortgage and Financial News From 2008-6-13 Page 5
Previous Day: 2008-06-12
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Mortgage broker in London launches special rate Remortgage deals for ... - PR Inside
2008-06-13 19:12:16 - Ads Property and Finance, Mortgage broker and provider of residential and commercial loans in UK is now offering best rate deals on Remortgages in UK. Ads Property and Finance, Mortgage broker in London established since 1987 ...
2008-06-13 10:07:00 -
Lehman workers lost at least $10 billion due to drop in share price (Asbury Park Press)
Lehman Brothers Holdings Inc.'s employees lost at least $10 billion as shares of the fourth-largest U.S. securities firm plummeted 74 percent from the high last year.
2008-06-13 08:20:04 -
How To Buy a Foreclosure Bargain (KFSM Ft. Smith-Fayetteville)
Michael Lappano knows a home bargain when he sees one. Last year, the Bellevue, Wash., real estate agent purchased a condominium for only $255,000 (including an outstanding lien). That's $65,000 less than what comparable units were selling for, he says.
2008-06-13 11:33:54 -
Cuba deports U.S. fugitive charged with sex crimes (CNN.com)
The Cuban government has handed over to U.S. authorities a California man facing federal child sex crime charges, Cuba's Foreign Ministry said Friday.
2008-06-13 12:42:38 -
Investor Feeding Frenzy (San Diego Business Journal)
The downturn in the residential real estate market has prompted bidding wars for lower-end properties as lenders dump portfolios. According to the San Diego Association of Realtors, sales of homes priced under $417,000 in May were triple what they were in 2007.
2008-06-13 01:14:47 -
Lease to own (San Antonio Express-News & KENS 5)
Lease-to-own contracts, also called a lease with an option to buy or rent-to-own, are a way that many buyers historically have gotten into homes with little or no cash upfront or at lower payments than a bank would have charged.
2008-06-13 01:34:45 -
FHA lifts waiting period,extends insurance coverage - Forbes
WASHINGTON (Reuters) - The U.S. Federal Housing Administration is temporarily lifting its required 90-day waiting period to help stabilize neighborhoods flooded with foreclosed properties, the Bush administration announced Friday. This latest effort ...
2008-06-13 12:09:00 -
Yahoo shuns Microsoft and partners with Google - CNN Money
Yahoo CEO Jerry Yang says a non-exclusive deal with Google will benefit the company more than selling its search business to Microsoft. (Fortune) -- After months of negotiations with Microsoft, Yahoo has ditched the software giant for Google. Yahoo ...
2008-06-13 09:31:00 -
US foreclosure filings surge 48 percent in May - Forbes
Soaring foreclosures are continuing to raise questions about the mortgage industry's claims that they are making a dent in the housing crisis. Foreclosure filings last month were up nearly 50 percent compared with a year earlier. Nationwide, 261,255 ...
2008-06-13 11:19:00 -
India registered 6% jump in inflation within a week – the inside look to the real inflation and how Indian Government ... (India Daily)
The Wholesale Price Index based inflation for the week ended May 31 rose to 8.75 per cent as compared to 8.24 per cent for the previous week. That is a jump of 6% within a week and on annualized basis it is 85% jump in inflation.
2008-06-13 11:30:07 -
Senators leaders, including Byrd, Rockefeller, report earnings (The Huntington Herald-Dispatch)
WASHINGTON (AP) -- Senate leaders are doing well financially thanks to a combination of their $183,500 salary, assets and relatively low debt. Some colleagues, however, have run up large legal bills in connection with political scandals, according to 2007 disclosure reports released Friday.
2008-06-13 11:32:30 -
The other shoe falls off (Business Standard India)
Though the markets rallied from their lowest point seen on Tuesday, the breaching of the January low of 4,448 by the Nifty confirmed the worst fears of investors that we are, in fact, in a bear market.
2008-06-13 11:42:06 -
Callaway Golf Offers Free Gasoline With New Drivers (Update1) (Bloomberg.com)
June 13 (Bloomberg) -- Tired of $4-a-gallon gasoline? How about a free tank? As U.S. fuel costs rise to records, marketers of cars, travel and even golf equipment are offering deals on fuel to keep sales from flagging.
2008-06-13 11:49:38 -
Senator: No Countrywide VIP treatment received (Washington Post)
WASHINGTON (Reuters) - The chairman of the powerful Senate Banking Committee on Friday denied a media report that he received preferential mortgage terms from Countrywide Financial Corp, a key player in the U.S. housing crisis.
2008-06-13 11:54:26 -
(AFX UK Focus) 2008-06-13 20:19 AFL-CIO spent $540,000 lobbying in first quarter (Interactive Investor)
WASHINGTON (AP) - The AFL-CIO, the nation's largest federation of labor unions, spent $540,000 in the first quarter to lobby on issues ranging from executive salaries to mortgage reform, according to a disclosure report.
2008-06-13 12:22:02