Mortgage and Financial News From 2008-9-23 Page 13
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KB Home Provides Monthly Home Payment Information for Its New Home ... - MSN MoneyCentral
KB Home KBH , one of America ’ s largest homebuilders, today announced that its website, www.kbhome.com , is now featuring monthly home payments calculated for its new home communities across the country. By highlighting monthly home payments, a ...
2008-09-23 05:29:00 -
Bernanke: Congress Must Quickly Pass Bailout to Avert More Economic ... - Washington Post
Federal Reserve Chairman Ben S. Bernanke acknowledged this morning that an already-extraordinary series of government actions has failed to stabilize global financial markets, and said that Congress must act quickly on a proposed bailout plan to ...
2008-09-23 05:00:00 -
What about my mortgage? - CNN Money
NEW YORK (CNNMoney.com) -- The Bush administration wants to help beleaguered financial institutions - and prevent the financial crisis from getting worse - by spending $700 billion to buy up troubled mortgage securities. But many struggling ...
2008-09-23 05:36:00 -
Goldman may target IndyMac to build its bank network (Crain's New York Business)
Goldman Sachs is targeting the assets of failed banks, including IndyMac, as a means to build its own banking business as it converts to a bank holding company.
2008-09-23 05:51:49 -
Bernanke and Paulson urge Congress to act quickly (International Herald Tribune)
The Federal Reserve Chairman Ben Bernanke and the Treasury Secretary Henry Paulson warned Tuesday that letting problems persist would have dire consequences for the U.S. economy.
2008-09-23 05:57:33 -
Compromise on Medicare levy (The Courier Mail)
THE Rudd government has backed down on its plan to increase the Medicare levy surcharge threshold by raising the rate for singles to $75,000 instead of $100,000.
2008-09-23 05:58:25 -
Government bailout short on details (The Montana Standard)
WASHINGTON — It's the largest government bailout in U.S. history and two days after it was introduced to the Americans paying for it, the proposal is still largely a mystery.
2008-09-23 05:58:46 -
McCain-Palin 2008 Launches New TV Ad: 'Mum' (Christian News Wire)
ARLINGTON , Va. , Sept. 23 / Standard Newswire / -- Today, McCain-Palin 2008 released its latest television ad, entitled "Mum." The ad highlights that while John McCain was outlining an economic recovery plan, Barack Obama was staying "mum" -- refusing to outline a solution, take a position on bailouts and even criticizing his running-mate for having a position.
2008-09-23 05:59:37 -
On Libertarian ticket: Fellows runs for U.S. House (The Montana Standard)
HELENA — For Libertarian candidate Mike Fellows, "try, try again" has become a way of life in Montana politics DASH and he's giving it another go this year in the race for Montana's only U.S. House seat.
2008-09-23 06:01:24 -
The Crisis and Your Pocketbook - Washington Post
A. Last week, the U.S. Treasury Department promised to insure the value of deposits in money-market mutual funds, much the same way that the Federal Deposit Insurance Corp. protects the first $100,000 in your bank account: Whatever you put in, the ...
2008-09-23 04:03:00 -
Housing experts say bailout proposal may do little for homeowners - International Herald Tribune
WASHINGTON : Even if the Treasury Department reaches agreement with Democratic leaders in Congress on its $700 billion proposal to bail out for the mortgage industry, housing experts warned on Monday that the plan might do little to help troubled ...
2008-09-23 04:24:00 -
US elections briefing: Unity breaks out against Bush bailout - Guardian Unlimited
Democratic candidate Barack Obama and his Republican rival, John McCain. Both have spoken out against George Bush's proposed $700bn bailout plan. Pic: Chris Carlson/AP After months of disingenuous talk about bipartisanship and rising above politics ...
2008-09-23 04:03:00 -
Subprime Mortgage Crisis - Daily Business Review
s Cristina Camacho stands in front of her home in Coconut Creek, she remembers those who have left and wonders whether she will be next. “The woman who lived there lost the house to foreclosure and went back to Brazil,” she said pointing at a ...
2008-09-22 11:02:00 -
UPDATE: UK Aug Mortgage Approvals at Record Low - BBA - FXStreet.com
LONDON (Dow Jones)--U.K. mortgage lending slumped in August as the government's delay in acting over stamp duty, combined with the continued credit crunch and economic uncertainty, saw the property market stall, data showed Tuesday. The British ...
2008-09-23 02:16:00 -
Firms Too Big to Fail May Grow Stronger - Washington Post
Banking giants such as Citigroup, unlike their smaller competitors, have an advantage: the government doesn't want them to go under. (By Justin Sullivan -- Getty Images) The big have the potential to get even stronger because the perception that the ...
2008-09-23 03:49:00