Mortgage and Financial News From 2008-1-28 Page 49

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  • 6 Ways to Spend Your Rebate (The Motley Fool)

    Take advantage of Uncle Sam's gift to you.
    2008-01-28 08:38:51

  • Countrywide, Wells Fargo remain top two U.S. mortgage lenders 11:14 AM CT (Dallas Morning News)

    Despite increased subprime mortgage troubles last year, the nation’s top two home lenders hung onto their positions, according to preliminary numbers released Monday by MortgageDaily.com.
    2008-01-28 09:13:20

  • Sales of New Houses in U.S. Fall More Than Forecast (Update1)

    Bloomberg - With home prices declining and credit conditions restrained, any rebound in home sales will take time to develop ... largest U.S. bank, last week said profit plunged 98 percent to its lowest since 2001 after writedowns for bad loans and mortgage ...
    2008-01-28 07:11:00

  • STI closes 3.8% on fears of deepening US credit crunch, gloomy bank ...

    Straits Times - What caused the local stock market plunge was a barrage of bad news over the week, after Wall Street's ... Lynch's newly-installed chief executive John Thain warned that in the US, problems on the troubled mortgage market might cross over to the credit ...
    2008-01-28 05:02:00

  • RRSPs hinder some low-income retirees

    Saskatoon Star Phoenix - ... contribution room. Thanks to fast-rising house prices, you might have cash, if you sell your house to pay off your mortgage. ... Because of your basic personal credit and age amount, you should not have to pay income tax on your $1,387 per month cash ...
    2008-01-28 12:44:00

  • Money tales from the Great Depression

    San Francisco Gate - I wanted to collect some firsthand accounts of how bad the American economy ... It still scares me to death when people run up big credit bills. That's not ... Then my parents started having trouble paying their mortgage. Congress had passed a ...
    2008-01-28 07:54:00

  • Bruised banks pass their pain to consumers

    AZCentral.com - Banks are being pummeled by bad loans and the weakening economy. Now they are passing on some of the pain to ... As the mortgage turmoil spills into credit cards, card-related fees may soon start climbing, too. Analysts are on the lookout for the first ...
    2008-01-28 09:19:00

  • Earnings Preview: Countrywide Financial

    Boston Globe - ... shares of Countrywide closed the day before the deal was announced, an indication of just how bad the mortgage market has been in recent months. Mortgages, especially home equity products and subprime mortgages -- given to customers with poor credit ...
    2008-01-28 09:48:00

  • Personal finance: Where credit is due

    Newsday - Three years ago, he sent in his monthly mortgage payment as usual, but it got lost in ... But when he got his credit report last month, he found the single late payment with ... because it has found that people with isolated delinquencies aren't really bad ...
    2008-01-28 08:01:00

  • Canada replacing lost manufacturing jobs with better work

    Globe and Mail - The U.S. housing market was mired in a deep slump last year, a situation that will not improve until the meltdown in the subprime mortgage market and ensuing credit crunch are over. “In the current storm of bad news, the Canadian labour market has ...
    2008-01-28 08:58:00

  • Stocks struggle after heavy selling overseas

    MSNBC - Troubled mortgage lender Countrywide Financial Corp. is back in the news. Chairman and chief executive Angelo Mozilo is going ... 14-year-old wins U.S. title, gives skating it's newest star AT&T's proposed filtering plan is bad news |     Discuss Couple ...
    2008-01-28 06:35:00

  • Power to the people - Telegraph.co.uk

    Power to the peopleTelegraph.co.uk, United Kingdom - 5 hours agoThe same applies to matters surrounding mortgage lenders although cases to do with mortgage advice can be taken up by the FSCS. The criteria for judging ...
    2008-01-28 05:00:08

  • Why Sub-prime is Different - Sovereign Society

    Why Sub-prime is DifferentSovereign Society, FL - 3 hours agoThe main difference between the sub-prime mortgage crisis that’s still inflicting wounds across the Western world and prior systemic shocks is the ability ...
    2008-01-28 06:29:56

  • Watching the Market Evolve - Cornell University The Cornell Daily Sun

    Watching the Market EvolveCornell University The Cornell Daily Sun, NY - 3 hours agoInvestors no longer trust credit ratings and banks do not have faith in bond and mortgage insurers. These natural outcomes of the subprime mortgage meltdown ...
    2008-01-28 06:55:27

  • Further Write-Downs Expected For SocGen - Analysts - EasyBourse.com

    Further Write-Downs Expected For SocGen - AnalystsEasyBourse.com, France - 3 hours agoThat amount was broken down to EUR1.1 billion related to US residential mortgage sector, EUR550 million for the US bond insurers exposure and EUR400 million ...
    2008-01-28 06:56:59

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