Mortgage and Financial News From 2008-2-11 Page 14
Previous Day: 2008-02-10
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Study Bares Transit Woes in New Jersey - New York Times
Study Bares Transit Woes in New JerseyNew York Times, United States - 19 minutes agoThe money would be used to pay off half of the state’s $32 billion debt and refinance the Transportation Trust Fund. With the fund on life support and the ...
2008-02-11 07:28:34 -
Six US Banks Plan New Efforts to Stem Foreclosures (Update1) - Bloomberg
Six US Banks Plan New Efforts to Stem Foreclosures (Update1)Bloomberg - 11 minutes agoDeclining house prices have made it harder for some borrowers to refinance as the value of their homes drops, in some cases below the amount of their ...
2008-02-11 07:36:30 -
Lac Du Flambeau Consider Mortgage to Address Financial Woes (WSAW Wausau)
The Lac Du Flambeau Band of Lake Superior Chippewa may mortgage part of its reservation to combat a cash crunch caused by several multimillion-dollar investments.
2008-02-11 04:32:22 -
Crystal Palace stadium 'to be sold' (Daily Telegraph)
Fans of Crystal Palace Football Club are set to see their stadium sold as a development opportunity for £12.5m, according to confidential information seen by The Daily Telegraph.
2008-02-11 05:20:44 -
Bush's Economic SOS (Hartford Courant)
President Calls On Congress To Do More To Help Those Hurt By Housing Slump President Bush, noting that the country is suffering through a period of economic uncertainty, called on Congress Monday to do more to help people and businesses hurt by the housing slump and credit crunch.
2008-02-11 07:01:08 -
Study Bares Transit Woes in New Jersey (New York Times)
No state beats New Jersey when it comes to congested highways even though it has the second-highest percentage of mass transportation use.
2008-02-11 07:33:49 -
Mortgage Crisis Spreads Beyond Subprime Loans (NYTimes.com via Yahoo! Finance)
Even borrowers with strong credit are feeling the pinch as home values fall and monthly payments rise.
2008-02-11 07:40:04 -
Six U.S. Banks Plan New Efforts to Stem Foreclosures (Update1) (Bloomberg.com)
Feb. 11 (Bloomberg) -- Bank of America Corp., Citigroup Inc. and four other lenders will announce new steps tomorrow to help borrowers in danger of default stay in their homes, according to three people familiar with the plans.
2008-02-11 07:43:52 -
Fact Sheet: The Economic Report of the President
Forbes - ... initiative, which is expected to help more than 300,000 families refinance ... The contraction of the secondary market for some mortgage securities and ... in the economic environment; markets can respond quickly to new information ...
2008-02-11 11:47:00 -
Countrywide to help subprime borrowers
Long Beach Press-Telegram - CALABASAS - Countrywide Financial Corp., the Calabasas-based mortgage-lending ... as the result of interest rate resets" may be given the option to refinance to a ... Countrywide customers may get further information on the program by calling the ...
2008-02-11 01:35:00 -
Fact Sheet: The Economic Report of the President - Whitehouse.gov (press release)
Fact Sheet: The Economic Report of the PresidentWhitehouse.gov (press release), DC - 7 hours agoIn August, the Administration launched the FHASecure initiative, which is expected to help more than 300000 families refinance their homes by the end of the ...
2008-02-11 11:10:26 -
Bush acknowledges economic uncertainty - Forbes
Bush acknowledges economic uncertaintyForbes, NY - 5 hours agoThe president also said Congress should approve legislation allowing state housing agencies to issue tax-free bonds to help squeezed homeowners refinance ...
2008-02-11 12:58:24 -
The hedge that falls over - Business Spectator
The hedge that falls overBusiness Spectator, Australia - 37 minutes agoOne company refinanced its debt using commercial mortgage backed securities (CMBS). The company was downgraded by rating agencies. A shortage of deliverable ...
2008-02-11 06:16:38 -
Fact Sheet: The Economic Report of the President (Business Wire via Yahoo! Finance)
WASHINGTON----Today, the White House released the Economic Report of the President, an annual report to Congress on the Nation's economic progress. The report released today reviews the state of the U.S. economy, the outlook for the next several years, and a wide variety of economic issues that underlie many of the Administration's economic policies.
2008-02-11 11:11:00 -
Fact Sheet: The Economic Report of the President (wallstreet:online AG)
Today, the White House released the Economic Report of the President, an annual report to Congress
2008-02-11 11:28:49
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