Mortgage and Financial News From 2008-1-5 Page 43
Previous Day: 2008-01-04
Return to the mortgage news archive home.
Page: 1 - 20 21 - 40 41 42 43 44 45
46 47 48 49 50 51 52
-
More job cuts expected in mortgage banking
Boston Globe - U.S. mortgage lenders have been cutting jobs in recent months to lower costs and react to tightening credit conditions. Countrywide Financial Corp has said it would cut up to 12,000 jobs. Earlier this week, National City Corp
2008-01-04 02:20:00 -
Mortgage lenders ordered to pay $99 million in punitive damages
Kansas City Star - A Jackson County jury Friday ordered three mortgage lenders to pay $99 million in punitive damages to Missouri residents who claimed they were charged illegal fees for second mortgages. The jury, which had assessed $5.1 million in actual damages ...
2008-01-04 03:39:00 -
GOP hopefuls get chance to attract voters before primary - Aiken Standard (subscription)
GOP hopefuls get chance to attract voters before primaryAiken Standard (subscription), SC - 4 hours agoBy TONY BAUGHMAN Thousands of Republicans from both sides of the Savannah River are expected to converge on Aiken on Thursday, Jan. ...
2008-01-04 10:41:22 -
'House Lust' by Daniel McGinn - Los Angeles Times
'House Lust' by Daniel McGinnLos Angeles Times, CA - 2 hours ago... might suffer a similar fate as foreclosures soar to historic levels, mortgage lenders go out of business and home prices drop like lead. ...
2008-01-05 12:01:16 -
A lender's recipe for downfall - Baltimore Sun
A lender's recipe for downfallBaltimore Sun, United States - 2 hours agoSubprime mortgage lender Fieldstone Investment Corp. of Columbia created the loan program during the real-estate gold rush in 2004 as competitors flooded ...
2008-01-05 12:20:00 -
Key workers get help buying first homes - Worcester News
Key workers get help buying first homesWorcester News, UK - 1 hour ago... by up to 32.5 per cent, with a regular mortgage topped up with a shared equity loan, provided by the Government and one of four private sector lenders. ...
2008-01-05 01:02:28 -
Banks put bottom line before you - Sunday Times.au
Banks put bottom line before youSunday Times.au, Australia - 1 hour agoHowever, they face costly exit fees to change lenders. There is no legal or legislative barrier to banks raising the interest rates they charge over and ...
2008-01-05 01:05:11 -
Mortgage market for unusual properties 'opening up' - 04/01/2008 - MoneyExpert
Mortgage market for unusual properties 'opening up' - 04/01/2008MoneyExpert, UK - 1 hour agoAccording to Steve Collins, director of the firm, lenders who do provide a mortgage on such a property are likely to charge a higher rate of interest. ...
2008-01-05 01:05:52 -
Taking Internet Finance to the Next Level, Part 1 - E-Commerce Times
Taking Internet Finance to the Next Level, Part 1E-Commerce Times - 1 hour agoMortgage lenders such as Thornburg Mortgage are realizing operational benefits in the loan processing and administration areas while adapting to the new ...
2008-01-05 01:44:27 -
British Columbians make long commitments to mortgages - Vancouver Sun
British Columbians make long commitments to mortgagesVancouver Sun, Canada - 37 minutes agoThen as house prices continued to climb, banks and other lenders stretched amortization periods first to 30 years, and then to 40 years, softening the ...
2008-01-05 02:14:49 -
The Property Doctor - ic Wales
The Property Doctoric Wales, United Kingdom - 33 minutes agoThe lenders can take up to six weeks to issue a mortgage offer and then there is the risk that the buyer may receive an adverse survey report which may lead ...
2008-01-05 02:19:23 -
BUSINESS IN BRIEF - ChronicleHerald.ca
BUSINESS IN BRIEFChronicleHerald.ca, Canada - 10 minutes ago... watchdog greater powers to prevent a repeat of the crisis at mortgage lender Northern Rock, which experienced the country’s first bank run in a century. ...
2008-01-05 02:41:53 -
More foreclosures on the horizon in 2008, experts say (East Valley Tribune)
The Valley's foreclosure woes are far from over. Local mortgage professionals say they expect the recent wave of foreclosures to continue in 2008, as borrowers with adjustable-rate loans face higher interest rates and monthly payments.
2008-01-05 01:19:15 -
U.K. Pound Falls for Third Week Versus Euro on Housing Slowdown (Bloomberg.com)
Jan. 5 (Bloomberg) -- The pound fell for a third week against the euro, dropping to a record low, as the Bank of England said credit is becoming less available, threatening to deepen the housing-market slowdown.
2008-01-05 01:31:42 -
Taking Internet Finance to the Next Level, Part 1 (E-Commerce Times)
Internet banking and stock trading was all the rage during the late 1990s. Now, two emerging areas of e-finance -- peer-to-peer lending and microfinance -- are disrupting the status quo even further and moving their markets into a new stage of development. Facilitators of peer-to-peer borrowing and lending are taking advantage of the networking and online application processing power of the ...
2008-01-05 01:36:29