Mortgage and Financial News From 2008-9-23 Page 5
Previous Day: 2008-09-22
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17
-
John Paulson - Guardian Unlimited
Born in the lower middle-class New York borough of Queens, John Paulson is the biggest-earning man in the world's top-earning industry. He took home $3.7bn (about £2bn) last year, putting him top of Alpha magazine's ranking of hedge fund managers ...
2008-09-23 04:27:00 -
McCain sponsored legislation for Federal Housing Regulatory Reform ... - Seattle Post Intelligencer
Learn about McCain the "Deregulator" and S.190 back 2005 www.govtrack.us/congress/record.xpd?id=1 09-s20060525-16&bill=s109-190 www.govtrack.us/congress/billtext.xpd?bi ll=s109-190 This bill didn't even get a chance to get to the Senate for a simple ...
2008-09-23 01:07:00 -
Ruling may be last in long-running mortgage lawsuit - Salt Lake Tribune
Posted: 5:11 PM- After more than three decades, one of Utah's longest-running civil lawsuits appears to be at an end. On Tuesday, the state Supreme Court ruled that Richard and Nancy Madsen, who made advance payments to a mortgage company to cover ...
2008-09-23 03:52:00 -
B&B strikes deal over mortgages - BBC Business
The Bradford & Bingley bank has managed to draw a line under a potentially damaging obligation to buy £1.75bn worth of mortgages. Its deal, with the lender GMAC-RFC, will now see it buy up to just £750m worth of the loans, but not the rest. The ...
2008-09-23 01:14:00 -
B&B strikes deal to avoid £1bn mortgage burden - Financial Times
Bradford & Bingley last night struck a deal to avoid taking an additional £1bn in mortgages on to its balance sheet after the beleaguered lender renegotiated an agreement with GMAC-RFC, the UK arm of the US financial group. The agreement eases the ...
2008-09-23 03:09:00 -
Home loan approvals are lowest on record - The Independent
The "dismal" state of the mortgage market was confirmed yesterday with the release of latest figures from the British Bankers' Association (BBA). The number of mortgages approved by the major banks fell to 21,086 in August, the lowest monthly total ...
2008-09-23 03:52:00 -
Local real estate, mortgage experts puzzled about foreclosure bailout - Detroit Free Press
News that the $700-billion financial industry bailout could include help for those facing foreclosure was met with confusion among local real estate and mortgage industry experts today. Part of the problem is that the plan, proposed by U.S. Treasury ...
2008-09-23 04:27:00 -
Bailout talk: Car-buyer loans, aid for automotive credit industry - Detroit Free Press
WASHINGTON -- Loans for car buyers -- and aid for the automotive credit industry -- joined the debate today over a $700-billion bailout for the U.S. financial market, as lawmakers grappled to define the scope of the problem and how they should react ...
2008-09-23 04:27:00 -
Oil falls to near $108 as regional gas prices shed 1.8 cents - Herald Tribune
Oil prices fell to near $108 a barrel Tuesday in a choppy market driven by uncertainty about whether a $700 billion U.S. plan to buy bad mortgage debt will stabilize the financial system. Light, sweet crude for November delivery was down $1.04 to ...
2008-09-23 01:36:00 -
Bernanke: US should pay higher prices for assets (Bay News 9 Tampa Bay)
By MARCY GORDON WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke told Congress Tuesday the government should pay more than "fire-sale" prices for the toxic assets it would acquire under a proposed $700 billion bailout plan.
2008-09-23 05:14:51 -
BDCU avoids direct exposure to sub-prime mortage crisis (Southern Highland News)
SOUTHERN Highlands credit union BDCU has advised that they have no direct exposure to the sub-prime mortgage issues faced by some lenders in the United States and internationally.
2008-09-23 05:18:18 -
McCain Campaigns In Northeast Ohio Tuesday (News Channel 5 Cleveland)
Republican presidential nominee Sen. John McCain is campaigning in northeast Ohio again on Tuesday.
2008-09-23 05:18:25 -
FBI: Possible Fraud at Crashed Companies (ABC News)
The investigation will focus on Fannie, Freddie, Lehman, AIG
2008-09-23 05:23:02 -
Bankruptcies continue to rise as mortgage crisis worsens (KTAR 92.3 Phoenix)
As the country's mortgage crisis deepens, Americans are doing whatever they can to save their homes. Divorce, unemployment and medical expenses used to be the three big drivers of bankruptcy. Real estate has now also become a major factor.
2008-09-23 05:23:03 -
New details emerge on how the bailout would work (Miami Herald)
What Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke didn't say before the Senate Banking Committee on Tuesday was as important as what they did say about their proposed $700 billion bailout of the financial system. Here's a closer look at important fine points of their testimony.
2008-09-23 05:25:01