Mortgage and Financial News From 2008-3-13 Page 2

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  • US sales, dollar plunge; oil prices soar

    Philippine Star Online - ... rising hopes that all the bad news would bring another aggressive cut in interest ... blows and noting that some of the problems, such as plunging home sales and mortgage ... FEEDBACK POLICY: Only comments directly related to the article open for comment ...
    2008-03-13 08:03:00

  • Fed move stokes huge rally in stocks

    Los Angeles Times - ... financial institutions and would accept troubled debt, including slumping mortgage ... investor sentiment -- since the credit crunch began last year have brought only ... either in bear market territory or very close to it, despite a series of interest ...
    2008-03-11 11:47:00

  • White House Unveils Plan to Overhaul Credit Rules

    NPR News - It said banks, mortgage companies, investors and credit-rating agencies all share in ... Federal Reserve has twice cut short-term interest rates sharply — and may do so ... end of the "miracle years" — a 30-year period when the economy headed in only ...
    2008-03-12 05:55:00

  • 'Stop paying rich to have kids'

    News.com.au - My wife stays home to look after my kids, I work hard to pay of the mortgage why ... We are the only developed country apart from the US to not offer paid maternity ... The middle class are also shouldering the burden of high interest rates and the baby ...
    2008-03-13 09:08:00

  • Dummy spit on baby bonus cost

    News.com.au - ... uniform rebate for every child would be very helpful also, not just for those in highschool, that only some ... We also managed to pay our mortgage on one wage when interest rates were at 17%
    2008-03-13 07:13:00

  • Budget 2008: Help for key workers

    Times Online - ... own council houses, in the case of Social HomeBuy) take out a conventional mortgage ... at which point they pay stamp duty at a much reduced rate because it is only on ... large developer and property management company, in an equity loan that is interest ...
    2008-03-13 01:58:00

  • Fed's rescue plan gets praise for its imagination

    USA Today - ... doesn't directly bail out banks but could shore up the huge market for mortgage ... latest in a series of aggressive moves — including some of the steepest interest ... markets and increases its own risks, though the central bank will accept only ...
    2008-03-10 05:58:00

  • Citi CEO paid $3.16M compensation in '07

    Forbes - At the time, Pandit received $165.2 million in payment for the sale of his partnership interest in Old Lane. ... The review, still under way, has so far included streamlining and paring back Citi's mortgage business. Pandit was not the only executive at ...
    2008-03-13 04:21:00

  • Greedy banks' double standard

    News.com.au - We only have ourselves to blame. Posted by: Mug with a mortgage of RADelaide 12:47pm today The Interest Rate is the 'price' of money. It is of course affected by Supply and Demand.
    2008-03-12 05:45:00

  • Carlyle Fund in Free Fall As Its Banks Get Nervous

    Wall Street Journal - ... easy borrowing all but collapsed as banks rushed to sell assets backing the mortgage ... Carlyle Capital isn't the firm's only vehicle to lose ground in the credit crunch ... would invest borrowed money, and then pocket the difference between the interest ...
    2008-03-13 08:53:00

  • The Dollar Gets Squeezed

    Washington Post - ... to inflation that could limit the ability of the Federal Reserve to cut interest ... Moreover, if the shock waves of the subprime mortgage debacle continue to rattle big ... The United States has only intervened on two days since August 1995, once to ...
    2008-03-13 10:05:00

  • Mortgage application fees may rise on appraisal reform

    CNN Money - ... YORK (CNNMoney.com) -- It's going to cost some borrowers even more to get a mortgage ... Fannie Mae ( FNM ) and Freddie Mac ( FRE , Fortune 500 ) pledged that they will only ... at a time can take a lot of time, and some consumers could lose the lower interest ...
    2008-03-12 03:08:00

  • Diller takes stand, defends proposed IAC breakup plan

    San Diego Union-Tribune - It was in the interest of all of those invested in IAC,” Diller said after taking ... ticketing service, Interval time-share business and LendingTree mortgage referral ... Attorneys for Diller argue that the provision pertains only to regulatory ...
    2008-03-13 04:21:00

  • Tax break could help debtors

    Detroit Free Press - ... or short sales, where the lender allows the homeowner to sell the home for less than the mortgage due. • The tax break only ... 2007. • Know that you can deduct mortgage prepayment penalties and late fees charged on a mortgage as part of interest ...
    2008-03-13 11:49:00

  • Economy Hammered by Toxic Blend of Ailments

    New York Times - Lower interest rates and increased federal spending may not be enough to shore up growth, and some suggest that the only remedy for the pain may be the pain itself. A Standard & Poor’s report predicted that subprime mortgage write-downs at banks ...
    2008-03-13 08:25:00

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