Mortgage and Financial News From 2008-4-16 Page 01
Previous Day: 2008-04-15
Return to the mortgage news archive home.
-
Will Life Insurers Come to the Rescue? (CoStar Group)
For the last couple of months now, there has been talk in the commercial real estate industry that life insurance companies were or would be stepping in to fill the financing void left by the cessation of CMBS market activity. While there are signs that...
2008-04-16 05:56:53 -
Still in a slump (The Times of Northwest Indiana)
WASHINGTON | A reading of U.S. homebuilders' sentiment remained unchanged in April, just shy of its record low for the third consecutive month as the housing market failed to recover.
2008-04-16 06:01:21 -
Looking ahead (USA Today)
Some of what to expect Thursday: • Pope Benedict XVI will celebrate Mass with 50,000 Catholics at Nationals Park. Here's a preview. • British Prime Minister Gordon Brown goes to the White House for discussions and dinner with President Bush....
2008-04-16 06:14:29 -
Freddie Mac to Unveil Lenders' Pact (WallStreet Journal via Yahoo! Finance)
Freddie Mac is set to unveil a deal with three major lenders that will make more funds available for large home loans.
2008-04-16 06:25:02 -
Toyota's Earnings May Fall 20% This Year, Nikkei Says (Update2) (Bloomberg.com)
April 17 (Bloomberg) -- Toyota Motor Corp. 's operating profit may decline about 20 percent this fiscal year because of slowing U.S. sales and a stronger yen, the Nikkei newspaper reported.
2008-04-16 06:35:46 -
Democratic Debate in Philadelphia (New York Times)
The following is a transcript of the Democratic debate in Philadelphia, as provided by the Federal News Service.
2008-04-16 07:30:25 -
A bigger house isn't a path to retirement security (Austin American-Statesman)
Q: I believe inflation is getting out of hand and the dollar will continue to decline. So, I am worried about my future. I am almost 63, have our house paid for and have about six times my income in retirement savings and investments (not highly productive).
2008-04-16 07:49:55 -
Bargain hunters boost home sales in some markets (USA Today)
As home sales and prices drop across much of the USA, many potential buyers remain scared to jump into the market, and sellers are resorting to slash-and-burn prices. The national median price sank to $195,900 in February, down from $213,500 in February 2007. Foreclosures are up nearly 60% from March 2007, according to RealtyTrac.
2008-04-16 09:00:39 -
Bush administration against retooling home program (Muzi)
The Bush administration opposes a sweeping plan to refinance troubled home loans because a more modest one will achieve similar results without too much risk to taxpayers, a senior housing policy-maker told lawmakers on Wednesday.
2008-04-16 03:51:40 -
Wells profits dip, but mortgae unit sees new record (Contra Costa Times)
n Origination numbers climb from one year ago, setting a new record
2008-04-16 05:21:00 -
Wells profits dip, but mortgage unit sees new record (Contra Costa Times)
n Bank sees mortgage-origination numbers jump from one year ago
2008-04-16 05:21:08 -
Iceland first to feel global cooling (Guardian Unlimited)
Business & money: Tiny country is like a canary in a coalmine signalling the worsening crises in toxic economies
2008-04-16 05:21:31 -
More News (Gazette.Net)
‘‘They still took his money, even though he couldn’t get financing,” said Thomas, a Perrywood resident. ‘‘They kept saying they would get someone to finance him.”
2008-04-16 05:34:40 -
How to Determine if it's Time to Refinance (Carteret County News-Times)
(ARA) - Who wouldn't enjoy a break on their monthly mortgage payment? On the other hand, how can you be sure the timing is right to refinance? Are the rates and the current mortgage market the best indicators?
2008-04-16 05:49:29 -
Madison Medical Center-Board of Trustees Meeting (Democrat News)
The Madison Medical Center Board of Trustees met at 9:00 a.m. on Wednesday, April 9, 2008, for their regular monthly meeting. The following board members were present: Melba Fadler, Mike Baker, Kent Marler, and Arthur Myers. Absent: Bob Schwent. MMC staff present: Rodney Gross, Administrator; Lisa Twidwell, CFO; Jennifer Penuel, COO/Human Resources Director; Cindy Dulaney, DON; Kristen Starkey, ...
2008-04-16 06:45:35