Mortgage and Financial News From 2008-3-16 Page 17

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  • Bush Says Economy Is in `Tough Time,' Will Rebound (Update3)

    Bloomberg - Bush today called on Congress to modernize the FHA by passing legislation streamlining the agency so that it may become more competitive in the mortgage market and, through its mortgage insurance and refinancing, help stem the rising number of ...
    2008-03-14 09:25:00

  • Incentives help to seal deal

    Chicago Tribune - Sometimes, the closing-cost savings allow them to push their down payment to 20 percent of the sales price, where lenders reduce mortgage insurance charges.
    2008-03-14 05:36:00

  • Housing bail-outs

    Chicago Tribune - I wonder if Heather will also write a story of all the people who have not lived beyond their means, have purchased mortgage insurance and have chosen to live a modest lifestyle in order to make it through tough times?
    2008-03-13 11:52:00

  • Couple Labors For New Home

    The Ledger - That means the average Habitat payment is $500 per month, which includes the loan payment, property taxes and insurance, Farish said. That is about half or less than a standard mortgage payment on a house of that price.
    2008-03-16 05:26:00

  • Is adverse possession ever a smart idea?

    Herald Tribune - PMI stands for "private mortgage insurance." This is insurance that the homeowner pays for to protect the mortgage lender in the event the property goes into default and is foreclosed upon.
    2008-03-16 04:43:00

  • It's time to expand role of mortgage insurance (Seattle Times)

    An enormous amount of ink has been spilled on the mortgage-market crisis, and I have contributed my share. Yet I am now convinced that the...
    2008-03-16 02:22:03

  • Proposals to solve foreclosure crisis (The Cincinnati Enquirer)

    Polls show most Americans believe the government hasn't done enough to address the housing crisis, but are divided over exactly what the government should do.
    2008-03-16 02:45:25

  • Frostproof Family Builds Sweat Equity With Habitat (The Lakeland Ledger)

    FROSTPROOF | During the week, Jason Brantley is a file clerk at a doctor's office. Marlene Brantley is a physical therapist.But from 7 a.m. to noon Saturdays, the couple turn home builders, swinging hammers and doing other construction work.
    2008-03-16 03:06:02

  • Be wary of over-the-counter stocks not listed on Nasdaq (The Columbus Dispatch)

    Q: What does "OTC" refer to in the financial world?
    2008-03-16 03:16:03

  • How Fed can fix ‘nasty’ lending mess? (Orange County Register)

    5 O.C. experts give their view on what the central bankers should do Tuesday.
    2008-03-16 03:17:12

  • BUSINESS PEOPLE (South Bend Tribune)

    ST. JOSEPH -- Judee Hopwood has been promoted to president of Williamson Employment Services Inc. Hopwood has a background in management experience and previously worked with Forever Books and Competitive Edge.
    2008-03-16 04:05:53

  • Still waiting (San Diego Union-Tribune)

    What a grand day it was for residents in 2000 when the Army Corps of Engineers declared it had finished a $100 million flood-control project along the western seven miles of the San Luis Rey River.
    2008-03-16 04:42:03

  • Carlyle Capital loses 70% as bank talks fail

    Baltimore Sun - Peloton Partners, a London hedge fund run by former Goldman Sachs partners, was forced to liquidate its largest funds last month after it failed to reach an agreement with some of its lenders on the levels of collateral. Thornburg Mortgage , a big U.S ...
    2008-03-14 04:24:00

  • Homeowners get second shot

    Modesto Bee - Homeowners facing foreclosure or having trouble making their monthly mortgage payments will have another opportunity this month to meet with lenders to try to modify their loans.
    2008-03-14 03:20:00

  • Florida No. 1 state for mortgage fraud in 2007 for second straight ...

    San Diego Union-Tribune - He said real estate agents, mortgage brokers, builders and lenders all share responsibility for a climate of lax standards that has now ended.
    2008-03-12 05:55:00

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