Mortgage and Financial News From 2008-7-12 Page 4
Previous Day: 2008-07-11
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Mortgage giants' woes could filter down to average investors - TradingMarkets.com
The nation's two big purchasers of home mortgages are members of the benchmark Standard & Poor's 500, meaning that they are part of many Americans' investment portfolios whether they know it or not. Holders of the two companies' shares have seen ...
2008-07-12 02:31:00 -
Long-stalled mortgage aid, housing regulations pass Senate with more ... - Minneapolis Star Tribune
Get a f'n clue. While people may not have gone out there with the intention of looking for a government handout, they have to take … read more responsibility for their situations. They signed the paperwork. If you get an ARM at a low rate of ...
2008-07-11 02:42:00 -
Big losses threaten mortgage giants - Seattle Times
A trader watches a monitor while working on the floor of the New York Stock Exchange on Friday as stocks fell while investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac. WASHINGTON ...
2008-07-12 01:48:00 -
Ripple Effects From Fannie And Freddie - Washington Post
Shares of Freddie Mac, the mortgage-finance company in McLean, closed at $7.75 on Friday. (By Chip Somodevilla -- Getty Images) The crisis at Fannie Mae and Freddie Mac , once the unwavering giants of the mortgage finance industry, could make getting ...
2008-07-12 01:08:00 -
How turmoil over Fannie, Freddie could affect morgtage market (Market Watch)
Get ready to see mortgage rates rise somewhat as concerns about Freddie Mac and Fannie Mae continue, those in the mortgage industry say.
2008-07-11 12:03:49 -
Senate passes foreclosure rescue (Las Vegas Sun)
Fri, Jul 11, 2008 (3:06 p.m.) The Senate has passed a massive housing aid package to save hundreds of thousands of homeowners from foreclosure. The $300 billion plan was approved on 63-5 vote that reflected broad bipartisan support despite a White House veto threat.
2008-07-11 03:17:23 -
Massive Housing Aid Package Passed By Senate (WSMV Nashville)
The Senate has passed a $300 billion housing aid package to save homeowners from foreclosure.
2008-07-11 03:34:07 -
Fannie, Freddie loan costs likely to rise (Arizona Daily Star)
Get ready to see mortgage rates rise somewhat as Freddie Mac and Fannie Mae are buffeted by turmoil, but don't sweat it if you have an existing mortgage that may be owned by the agencies, industry observers say.
2008-07-12 12:18:08 -
Mortgage Setbacks May Ripple (Washington Post)
Getting home, car and student loans may get even harder amid woes at Fannie Mae and Freddie Mac.
2008-07-12 01:05:56 -
Brasch Words - American Reporter
BLOOMSBURG, Pa. -- Listen to conservative talk show pundits and blowhards. Listen to any of the political candidates who proudly amend their names with the phrase "conservative Republican." One theme resonates in all of the heavy wind - keep the ...
2008-07-12 11:13:00 -
American Opinion - American Reporter
LONDON -- The collapse of Carlyle Capital and the $2-a-share buyout by JPMorgan Chase of Bear Stearns Cos. may go down in history as the key events signaling the end of the "roaring '90s", which have lasted into the 21st century. We've seen nearly ...
2008-07-12 11:13:00 -
Prime Minister pledges to tackle knife crime - Thurrock Gazette
After four people were stabbed to death in London in 17 hours, Gordon Brown has pledged to tackle the rising problem of knife crime. "The terrible stabbings that have occurred this week are shocking and tragic. We will continue to make absolutely ...
2008-07-12 04:39:00 -
Sneaky Friday CBA, ANZ rises ignore RBA rate - again - News.com.au
TWO major banks thumbed their nose at the Reserve Bank yesterday, ramping up benchmark mortgage rates just days after the central bank left the official cash rate on hold. Commonwealth Bank of Australia and ANZ Bank both slipped in a sneaky Friday ...
2008-07-12 07:53:00 -
Eurozone economy losing momentum - Xinhua News Agency
BRUSSELS, July 12 (Xinhua) -- The eurozone economy is losing momentum after two years of strong recovery, with clear signs of marked slowdown mainly due to long-lasting financial turmoil and soaring oil prices. In its spring economic forecasts ...
2008-07-12 08:28:00 -
Alberta reigns as jobs king - Calgary Herald
Alberta's employment rate hit an all-time high in June, reaping the highest rate in Canada, as the province's legendary red-hot streak in job growth continued full steam ahead. The numbers, in Statistics Canada's latest labour force survey, should ...
2008-07-12 01:55:00