Mortgage and Financial News From 2008-3-27 Page 01
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Investment firms tap Fed for billions, central bank reports (The Nashua Telegraph)
WASHINGTON -- Big Wall Street investment companies have jumped all over the Federal Reserve's unprecedented offer to obtain emergency loans, borrowing more than doubled than in the program's debut week. ... - By JEANNINE AVERSA The Associated Press
2008-03-27 09:25:46 -
HUD proposes new good-faith estimate (The Nashua Telegraph)
Getting a mortgage can be confusing and frustrating. To make it less so, the federal housing department has proposed an overhaul of the mortgage process, from application to closing. ...
2008-03-27 09:26:06 -
Obama talks tough on Wall Street (The Washington Times)
Sen. Barack Obama this morning called for tougher government regulations of Wall Street and another $30 billion...
2008-03-27 09:30:29 -
Group helps Bloomington woman fight foreclosure (The Pantagraph)
BLOOMINGTON — Carol Thomas faced the ultimate fear last summer: the possibility she would lose her home to foreclosure.
2008-03-27 09:30:47 -
Stearns bailout may lead to others (Winston-Salem Journal)
Get the scoop on Trail Mix, the Journal's new political blog. » Read more The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters are increasingly demanding immediate government relief as the economy ebbs.
2008-03-27 09:41:08 -
States, cities scramble on debt (The Washington Times)
States, cities, hospitals and major public agencies battered by wild interest-rate swings in one sector of the...
2008-03-27 09:49:07 -
Back on the stump: Clinton campaigns for his wife, Hillary, at LAHS (The Sentinel)
LEWISTOWN — Hundreds of area residents gathered to hear former President Bill Clinton stump for his wife, presidential hopeful Sen. Hillary Clinton, D...
2008-03-27 09:58:57 -
Fed rate cuts not reaching mortgage market (Providence Business News)
WASHINGTON – Although Federal Reserve policymakers have cut key interest rates eight times since August, shaving 3 percentage points off the benchmark federal funds rate ( READ MORE ), mortgage lenders have so far declined to follow suit.
2008-03-27 01:04:06 -
BOJ policy to stay flexible: Nishimura (The Japan Times)
The Bank of Japan will make "flexible" policy decisions as the economy's longest postwar expansion loses steam amid a U.S. slowdown and the yen's 13 percent surge against the dollar this year, BOJ... Read more ...
2008-03-27 02:16:24 -
Ireland: The End of the Miracle (BusinessWeek)
The powerful euro has crushed the country's decade-long economic expansion—and its competitiveness
2008-03-27 02:41:12 -
Nationwide and Halifax put up mortgage rate to deter new customers (Times Online)
Two of the biggest mortgage lenders increased their rates sharply yesterday in a attempt to close the door to all but the most credit-worthy customers.
2008-03-27 05:04:10 -
Mortgage crunch as 3m cheap fixed deals expire (Daily Telegraph)
A mortgage crunch is now underway, analysts have warned, after new figures showed that half of all home loans taken out in recent months went to families sliding off cheap deals onto more expensive interest rates.
2008-03-27 05:10:45 -
Some Hawaii mortgage rates slightly lower (BizJournals)
Mortgage rates were mixed at Hawaii's largest banks this week, while the national average for a 30-year fixed-rate loan remained relatively flat.
2008-03-27 05:11:03 -
Mortgage giants look to rein in lending mortgages (Independent)
Two of Britain's biggest lenders announced sudden plans yesterday to hike the price of their mortgages, as the credit crunch continued to put pressure on the banking sector's margins.
2008-03-27 05:42:23 -
Panelists look to lenders to restart Inland economy (The Press-Enterprise)
The Inland economy, particularly in commercial real estate, is having a crisis of confidence, members of a panel of investment experts said Wednesday.
2008-03-27 07:24:59