Mortgage and Financial News From 2008-9-23 Page 6
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Yakima residents angry about financial crisis, but feel problem is mostly on Wall Street (Yakima Herald-Republic)
Marc Malin, owner of a small auto repair business in Yakima, knows exactly who to blame for the banking mess that dominates his nightly news.
2008-09-23 05:26:26 -
FBI investigating companies at heart of meltdown (The Post-Standard)
WASHINGTON (AP) — The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.
2008-09-23 05:27:02 -
Main Street voices irritation with Wall Street (Kerrville Daily Times)
Mark Endres has 19 years left to pay on his mortgage and the Philadelphia barber is not expecting anyone to cut him any slack. So what's all this talk about the government writing a $700 billion check to Wall Street?
2008-09-23 05:28:23 -
S'pore curbs short-selling - Straits Times
SINGAPORE joined the war on short-selling by imposing new controls last night - but they are far less drastic than those that have hit traders in Australia, the United States and Britain. The Singapore Exchange (SGX) will issue more information about ...
2008-09-22 04:14:00 -
Q&A: The Bailout and Your Bottom Line - CNBC
After a day like Monday – stocks down triple-digits, oil up 15% - it’s easy to want to give up on this market, this economy. But you’ve got to stay focused because if the last 10 days have taught us anything, it’s how important it is to pay ...
2008-09-22 05:47:00 -
Housing costs eat up Floridians' wages - Miami Herald
The vise of high housing costs continued to squeeze Floridians last year, with a growing percentage of people paying more than 30 percent of their gross income to put a roof over their heads, new census figures showed. More than half of Florida ...
2008-09-23 05:57:00 -
A brighter spot in the financial gloom - Philadelphia Inquirer
Almost like an electrical jolt that restarts a failing heart, the drop in interest rates resulting from the government's takeover of Fannie Mae and Freddie Mac has sparked life back into the flagging local real estate market. Over the last few ...
2008-09-23 12:00:00 -
Nearly 22,000 homeowners lost since '05 - San Diego Union-Tribune
Eddie and Maria Ray, with children (from left) Amanda, Eddie and Elissa, bought their Spring Valley house two years ago for $475,000, but they are now unable to meet the monthly payment of about $4,300. Amid the run-up in housing prices and lax ...
2008-09-23 10:22:00 -
Oklahoma Briefs: Tuesday, Sept. 23, 2008 (The Oklahoman)
REAL ESTATE Mall blames lease issue for closingAttorneys for Shepherd Mall blame an expiring lease with AOL and the "dramatic and historically unprecedented liquidity crisis in the United States' credit markets” for the owner's recent bankruptcy filing. Attorneys and managers for the mall have not responded to calls from The Oklahoman since California-based VTA Oklahoma City LLC. filed for ...
2008-09-22 10:18:41 -
County homeownership rate falls, census says (San Diego Union-Tribune)
Two years of homeownership gains that lifted the county's percentage of homeowners to its highest level in nearly two decades have been erased, according to figures the Census Bureau is releasing today. Amid the run-up in housing prices and lax lending practices that allowed many borrowers to purchase homes they could not afford, the homeownership rate shot up to 58 percent.
2008-09-23 06:04:39 -
Nice catch for Cleveland - Boston Globe
It's probably not often that an afterthought in a big trade ends up being the most useful player in the deal, but that's precisely the case with Indians catcher Kelly Shoppach . You remember the saga and the swap: On Dec. 8, 2005, the Red Sox traded ...
2008-09-23 02:33:00 -
Cost of financial products soars £666 under Gordon Brown - Daily Telegraph
Prime Minister Gordon Brown has suffered a dramatic decline in the polls. The Prime Minister took office in June last year and the average cost of high street financial products has soared since then, according to MoneyExpert.com. It said the average ...
2008-09-23 12:57:00 -
New York Money Market Rate Indications - FXStreet.com
New York Money Market Rate Indications Bankers acceptances at 4:30 p.m. New York time. 1M 4.50 2M 4.25 3M 3.75 6M 3.75 9M 3.75 1Y 3.75 Federal funds: days high 2.25; low 0.50; latest bid 1.00; offered 1.50; prime lending rate at ...
2008-09-23 01:43:00 -
Mesa Offshore Trust Announces No Trust Income for September 2008 - MSN MoneyCentral
Mesa Offshore Trust MOSH announced that there will be no Trust income distribution for the month of September 2008 for Unitholders of record on September 30, 2008. The Trust did not receive any Royalty income from the Working Interest Owner for the ...
2008-09-22 08:36:00 -
Britain's Brown Bust - Wall Street Journal
Asked why he had just sacked one of his ministers, Clement Attlee, Britain's first postwar prime minister, replied: "Not up to the job." With one opinion poll showing the opposition Conservatives' 28-point lead over Labour greater than Labour's own ...
2008-09-23 02:40:00
