Mortgage and Financial News From 2007-10-28 Page 17

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  • Imelda Marcos couldn't compete with this lot

    Observer - One can only speculate if the cheeks of Shaun Woodward turn a little pink when ... capacious to satisfy Peter Mandelson after that misunderstanding over the mortgage. ... Public spirited or enlightened self-interest? Well, of all the pensioners in all the ...
    2007-10-27 03:37:00
  • Reader opinions on Business news

    St. Petersburg Times - It's okay to say the U.S. economy is resilient and only see detours where others ... If the dollar continues to devalue and the interest we pay on these bonds drops ... generation not be one of the first to pass our debt on to our children and mortgage ...
    2007-10-27 09:57:00
  • Tampa Bay area workers' smiles turn upside down

    St. Petersburg Times - Throw in a couple of new factors - a job-creation rate that has slowed way down and a subprime mortgage mess that has only made the ... The (stock) market is up tremendously, interest rates are coming down, there's a lot of markers out there that say ...
    2007-10-27 09:57:00
  • pressure: Mortgage industry asked to do more

    Winston-Salem Journal - ... recently surveyed 16 mortgage servicers that accounted for 80 percent of the market for subprime loans made to borrowers with shaky credit histories. It found that most of those companies had modified only about 1 percent of loans with interest rates ...
    2007-10-27 11:37:00
  • 'Line-of-credit mortgage' creates an illusion

    Boston Globe - The monthly cost of the mortgage, interest-only for some period of time, is automatically deducted from the account. The paycheck deposits bring an immediate advantage. The amount of your mortgage is reduced by each deposit. Since your mortgage ...
    2007-10-27 09:42:00
  • Market movers (The Record)

    NEW YORK -- Wall Street recovered from steep losses Wednesday amid hopes for an imminent interest-rate cut, but stocks still closed down in response to Merrill Lynch & Co.'s credit-related losses and a sharp drop in existing home sales.
    2007-10-27 11:14:13
  • Economically depressed state leads to mortgage fallout (The Clarion-Ledger)

    At 14, Joan Cyman hauled wood and clutched a hammer with her father to build a deck on the back of their house.
    2007-10-27 11:13:53
  • Watch out for tricks in 'magic' mortgage (Austin American-Statesman)

    A new kind of mortgage can, as if by magic, make a 30-year mortgage disappear in half the time, or so the lenders claim. And that's what readers are telling me, just before asking whether it is too good to be true.
    2007-10-27 06:32:39