Mortgage and Financial News From 2008-8-22 Page 01
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GMAC Mortgage www.gmacmortgage.com - Forbes
A well designed and easy to use site. You'll find current rates, sections on how to calculate payments and a home buyer tutorial. There is also market news, a glossary and a moving ticker with today's rates. Plus GMAC still has a reliable branch ...
2008-08-17 04:07:00 -
Great first-time buyer expectations - Boston Globe
The number one priority of most first-time home buyers these days is affordability, according to a survey of Coldwell Banker brokers. That finding doesn't really seem like news. However, the survey had one sort of interesting finding: 81% of the ...
2008-08-21 05:57:00 -
Avoiding another meltdown - Modesto Bee
Police shoot, kill man who stomped baby to death Gang members apologize after stabbing wrong man in Modesto 4 women file lawsuit against Sheriff's Department Modesto man sentenced to a year in jail in son's death Motorcycle shop owner, sheriff's ...
2008-08-22 12:30:00 -
Gas drops 65 cents from record high (Long Beach Press-Telegram)
The Los Angeles County average dropped 9.5 cents this week to $3.976 -- 48 cents lower than at this time last month and 65 cents less than when it hit a record high of $4.626 on June 21, but $1.16 higher than at this time last year, according to the Auto Club. RELATED LINKS: » Find cheapest gas prices in Long Beach » Calculate gas/cost ratio » Gas prices, state by state
2008-08-22 07:41:53 -
Hart Street building gets foreign owner (The New Britain Herald)
NEW BRITAIN - The Hart Street Medical Center has been sold for $9 million to an unidentified foreign buyer.
2008-08-22 09:14:51 -
Higher Fees for Mortgages (New York Times)
Fannie and Freddie increased the fees they charge lenders for many loans, effectively bumping up interest rates for many borrowers who have marginal credit.
2008-08-22 09:50:11 -
Bancolombia S.A. Announces Mortgage Securitization - StreetInsider.com
August 22, 2008 5:53 PM EDT MEDELLIN, Colombia, August 22 /PRNewswire-FirstCall/ -- BANCOLOMBIA S.A. ("Bancolombia") (NYSE: CIB ) announces that it intends to sell mortgage loans to Titularizadora Colombiana S.A. ("Titularizadora") amounting to ...
2008-08-22 02:42:00 -
Automakers, unions seeking billions in government loans - Detroit Free Press
WASHINGTON – Detroit automakers, the UAW and their allies on Capitol Hill will launch an all-out blitz over the next few weeks for up to $50 billion in government loans over the next three years -- money the companies say would help them survive ...
2008-08-22 01:31:00 -
Slow house sales have hurt more than homeowners (The Oklahoman)
FORT WORTH, Texas — Home appraiser Dick Parker has been asked to value fewer homes this past year, but he's trying to look at the sunny side of the downturn in the housing market. "I think we've only got about another year to go,” said Parker, whose business is in Arlington, Texas. The outlook is about the same for home inspector John Riddle. "You can pretty well call any inspector now and book ...
2008-08-22 10:14:38 -
Business briefs (Detroit News)
Columbian Bank and Trust, oil prices, Fannie Mae, Freddie Mac, Mitsubishi, UAW, Renault.
2008-08-22 10:18:59 -
Freddie Mac finds few takers (The Sarasota Herald-Tribune)
The mortgage financier can't find buyers for its stock
2008-08-22 10:19:45 -
Bernanke: Financial crisis taking toll on economy (The Gainesville Sun)
Bernanke believes inflation will moderate this year and next.
2008-08-22 10:21:15 -
In this crisis, few are too big to fail (Los Angeles Times)
The calamity in the financial sector will be remembered for the household names it damaged or took down. T he mess in the U.S. financial system is making me nostalgic for the dot-com collapse of 2000-2002.
2008-08-22 10:26:51 -
Credit meltdown means longer wait to buy houses (Galveston County Daily News)
GALVESTON — Extra scrutiny has made it harder for groups offering affordable housing to find families to buy their newly built homes.
2008-08-22 10:27:19 -
County foreclosure rate behind national - Gainesville Daily Register
As news of a recession makes the headlines nationwide, often citing a rising number of house foreclosures as a sign of economic downturn, the picture in Cooke County doesn’t appear as gloomy. According to information from the Cooke County Clerk’s ...
2008-08-18 05:29:00
