Mortgage and Financial News From 2008-7-20 Page 12
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Shore Bets (Banker & Tradesman)
Geoffrey A. Gordon remembers the low-tech days when he’d figure out a home’s insurance risk using a chart and a calculator.
2008-07-20 02:08:21 -
Former Council Member’s Co. Strikes Out (Banker & Tradesman)
A surprise inspection at a mortgage brokerage earlier this month found several incidences of possible fraud by a former Boston city councilor, the Division of Banks said. That prompted the division last week to issue a temporary cease-and-desist order against Dedham-based HomeRun Mortgage.
2008-07-20 02:11:12 -
Television - National (Scoop.co.nz)
The National Party could govern with unbridled power on the evidence of tonight's 3 News political poll. However the gap has closed slightly between Labour and National.
2008-07-20 03:10:47 -
Bill may make S.D. home loans more affordable (San Diego Union-Tribune)
WASHINGTON – A landmark mortgage rescue bill that is moving through Congress would help San Diegans by making loans more affordable – but experts disagree on how much.
2008-07-20 03:12:46 -
Financial institutions are in good shape in Southern Indiana, officials say (The Evening News and the Tribune)
FDIC provides insurance — which is used by most banks including IndyMac and Your Community Bank — to cover deposits up to $100,000.
2008-07-20 05:37:48 -
Tricks of the light at Yale - Boston Globe
NEW HAVEN - Sometimes a single picture can make all your prejudices fall in a heap. If you occasionally succumb to the idea, for instance, that English painting has little to offer before the ascendancy of Constable and Turner, or that the 18th ...
2008-07-20 03:40:00 -
More Smokers Seek Help With Quitting Since Latest Cigarette Tax Took ... - The Ledger
When Richard Alderman first started smoking 50 years ago, a pack of cigarettes cost a quarter. After New York’s latest tax increase on cigarettes, which brought the price as high as $10 a pack in some stores, Mr. Alderman found himself dipping into ...
2008-07-20 03:54:00 -
Easy solution: Hire your own kid - Baltimore Sun
T he job market for teenagers has been shrinking for a couple of years, but this summer it's looking exceptionally brutal. In fact, the teen employment rate earlier this year was the worst in 60 years, according to an April report by the Center for ...
2008-07-20 03:25:00 -
Luxury car auction comes to Esher - Sutton Guardian
An extravagant "temple" hearse and a Gucci Cadillac are just some of the luxury cars set to be auctioned at Sandown Park in Esher next Tuesday. The 1989 Nissan President VIP Funeral Car was worth $43,000 US dollars in 1989. The 1979 Cadillac Gucci ...
2008-07-20 03:18:00 -
Indian debt faces risk of a cut to junk status - International Herald Tribune
HONG KONG : India's hard-won investment-grade foreign-debt rating is in danger of being cut back to junk status as slowing economic growth, rising inflation and growing debt wreak havoc on the country's finances. The balance is tilting toward a ...
2008-07-20 01:31:00 -
Bank of England raises spectre of interest rate rise - Times Online
SIr John Gieve, the outgoing Bank of England deputy governor, has raised the possibility of further interest rate rises in order to control inflation. His comments will be a blow to business groups. The bank held interest rates at 5 per cent ...
2008-07-18 02:23:00 -
Federal insurance program protects most bank deposits - Fort Lauderdale Sun-Sentinel
A bank failure in California. The federal government's planned bailout of the nation's largest mortgage holders, Fannie Mae and Freddie Mac . The strong possibility that more banks could collapse. Is your cash safe in the bank? Banking experts say ...
2008-07-19 09:35:00 -
Santander's winning formula - Daily Telegraph
David Bennett was winding down for a weekend watching England attack South Africa in the cricket when the call came. It was Friday and the stock market in London had just closed in bear territory for the first time since 2003. Alliance & Leicester ...
2008-07-19 11:15:00 -
Developers came to rely on company - AZCentral.com
Many Arizona developers relied on Mortgages Ltd. In a business where even minor delays can add millions of dollars to projects, real- estate developers turned to the Phoenix-based commercial-mortgage lender for hard cash fast. In most cases, the ...
2008-07-20 12:12:00 -
Mortgage giants crumble - Buffalo News
Fannie Mae, created in 1938, and Freddie Mac, founded in 1970, buy mortgages from lenders and package them into securities that are sold to investors. This frees lenders to provide new mortgages, making it easier for more Americans to buy homes. The ...
2008-07-19 10:39:00