Mortgage and Financial News From 2008-4-26 Page 9
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Banks, authorities must learn lessons from credit crunch -BoE's ... - Forbes
LONDON (Thomson Financial) - The Bank of England's recent measures to ease liquidity in the banking system 'should help ease current funding pressures', but in the medium term action must be taken by both banks and regulatory authorities, Bank of ...
2008-04-24 03:14:00 -
Gaming board delays vote on Pittsburgh casino to May 14 - Philadelphia Inquirer
PITTSBURGH - The state Gaming Control Board will wait until May 14 to vote on a Pittsburgh casino's $630 million refinancing plan. Casino developer Don Barden wanted a decision by May 8, saying the delay could endanger his plans to refinance what had ...
2008-04-25 04:17:00 -
New Home Owner? - Colleyville Courier
Home owning changes your taxes. Let TurboTax help with the changes. Insider secrets on how to legally repair your Credit Rating within 24 hours. Fast online approval and information. Numerous Bad Credit resources for those in need. http://www ...
2008-04-25 08:31:00 -
ALL BUSINESS: Credit-rating agencies still need ample staff - Boston Globe
NEW YORK— Better a half-blind guard at the gate, than no guard at all. Credit-rating analysts have been sharply criticized for failing to properly assess the risk of mortgage-backed and other complex debt securities. That doesn't mean we don't need ...
2008-04-25 08:57:00 -
Credit Suisse Cuts Risk - Wall Street Journal
ZURICH -- Credit Suisse Group swung to a worse-than-expected first-quarter net loss, hit by 5.3 billion Swiss francs ($5.2 billion) in write-downs for major buyout loans and mortgage securities. Despite the bad news, the bank's shares rose because ...
2008-04-23 05:56:00 -
Some financial stocks thrive amid credit crisis - MSN MoneyCentral
Assured Guaranty Ltd ( AGO ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - It has been a terrible six months for financial stocks -- or at least most of them. A handful of companies, including Charles Schwab Corp., Discover Financial ...
2008-04-25 01:00:00 -
PEOPLE IN BUSINESS - Providence Journal
Gerard P. Guillemette, of Tiverton, has been promoted to vice president and risk manager in the treasury operations department from assistant vice president in the same department. He joined the bank in 1998 as an auditor in the internal auditing ...
2008-04-25 06:29:00 -
My Turn: Nothin wrong with Milton Friedman, free trade - Burlington Free Press
Ron Coppola's My Turn ("More than one kind of terrorism," March 17) is so wide-ranging, I'll criticize just two points: the legacy of Milton Friedman and the benefits from free international trade. He says, "Neoliberal economics professed by Milton ...
2008-04-26 01:03:00 -
Workshops on tax breaks - Chicago Sun-Times
Tax breaks for higher education, Medicare and Medicaid concerns and reverse mortgages are among free Money Smart Week workshop and seminar topics today throughout Chicago. For a schedule, go to www.moneysmart week.org/chicago or pick up a calendar at ...
2008-04-25 01:47:00 -
When does a reverse mortgage make sense? - Lowell Sun
Although they have been around since the 1980s, reverse mortgages are gaining in popularity. People 62 and older are considering them due to a variety of circumstances: Housing prices are down, people are living longer, Social Security is not paying ...
2008-04-22 05:57:00 -
Ground rent law violates the principles of due process, fair play - Baltimore Sun
Because Deloris McNeil missed paying a $96-a-year ground rent bill, she lost the Fayette Street house she had bought for $44,500 and lived in for years. The tiny, delinquent bill morphed into creditor-seizure powers that trumped fair play, common ...
2008-04-25 09:00:00 -
Bellevue man sentenced to four years for bilking mortgage firm - Seattle Post Intelligencer
A Bellevue man and a Texas attorney were sentenced to four years in federal prison Friday for bilking millions from a mortgage company during a long-running fraud. In December, a Seattle jury convicted Bellevue resident David Alan Hawkins and San ...
2008-04-24 05:55:00 -
Bankrate: Mortgage Rates Rise for Second Straight Week - MSN MoneyCentral
NEW YORK, April 24 /PRNewswire-FirstCall/ -- Fixed mortgage rates moved slightly higher for the second week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.11 percent. According to Bankrate.com's weekly national survey ...
2008-04-24 04:26:00 -
It's a win-win - Baltimore Sun
The speculation has been circulating for months. In the first round of the NFL draft, the Ravens are going to select Boston College quarterback Matt Ryan, or Virginia defensive end Chris Long, or Troy cornerback Leodis McKelvin. But no one really ...
2008-04-26 12:13:00 -
Do the Math on Mortgage Points - Street.Com
When you take out a new mortgage, the lender may offer to reduce your interest rate if you are willing to put up cash to buy "points." Should you take the lender up on that offer? The decision to pay points at the start of your mortgage depends ...
2008-04-24 08:51:00