Mortgage and Financial News From 2008-6-4 Page 3
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At Harvard, They Hail a Fed Chief (NYTimes.com via Yahoo! Finance)
Ben S. Bernanke spoke about the economic pressures created by high oil prices and inflation at his alma mater.
2008-06-04 07:37:49 -
Helping people manage home ownership (Indiana's NewsCenter)
FORT WAYNE, Ind (Indiana's NewsCenter) --- June is "National Homeownership Month." and these days many are concerned about mortgage rates and making payments in a fragile economy.
2008-06-04 07:48:01 -
Tax, electric hikes hit EC residents hardest (The Daily Advance)
While all Pasquotank County property owners will be paying more in taxes next year, those who live in Elizabeth City will be paying the most.
2008-06-04 08:02:20 -
Small businesses turn to alternative lenders (Dallas Morning News)
Like many new entrepreneurs, Lee Richards struggled for a few years after founding Acadia Sports, an Irving mail-order business that sells fishing gear.
2008-06-04 08:22:15 -
Mortgage business at 6-year low - New York Daily News
With homeowners deciding against refinancing plans, mortgage applications fell for a third straight week to their lowest level in more than six years. Decreasing demand for loans has weakened an already ailing housing market as prospective buyers ...
2008-06-04 03:33:00 -
Mortgagee sales soar as squeeze hits (Stuff)
Listings for mortgagee sales throughout New Zealand have almost doubled in three months as the slowing economy and climbing interest rates squeeze homeowners.
2008-06-04 12:19:35 -
Nutter goes on foreclosure offensive (The Philadelphia Inquirer)
Mayor Nutter today announced an aggressive outreach to property owners in foreclosure, joining efforts by the Sheriff's Office, the court system, housing advocates, and the lending industry to tackle the fallout of the sub-prime loan crisis in Philadelphia.
2008-06-04 01:36:51 -
Harleysville, East Penn banks celebrate homeownership month (Times News)
2008-06-04 03:13:35 -
Coping with Interest Rate Rises (Hastings Gazette)
WITH interest rate rises starting to really impact on the budget of working families, what can be done to ease the pain and keep out of difficulties?
2008-06-04 03:42:25 -
High-rolling Pa. businessman admits $40 million loan fraud (WHP CBS 21 Harrisburg)
A philanthropic businessman admitted Wednesday that he lied on bank documents to obtain over $40 million in loans on his jet, Nantucket vacation home and student-loan company.
2008-06-04 06:39:08 -
Assessing the Hospitality Industry (The New York Sun)
More than 2,500 professionals from around the world were in attendance this week at the 30th Anniversary New York University International Hospitality Industry Investment Conference, and the topic du jour was whether the city's hospitality industry can maintain its strength and resilience during the economic turmoil of 2008. The stagnant economy and rising inflation and fuel costs have created ...
2008-06-04 07:04:07 -
UTV to reduce borrowings bill with £50m issue - Times Online
UTV, the owner of TalkSPORT and Ulster Television, has announced a surprise £50 million rights issue to avoid paying interest rates of more than 7 per cent on the debts it racked up buying a string of radio stations. The decision sent the shares ...
2008-06-04 01:46:00 -
Most Subprime Mortgages at Risk of Default in Next 12 Months, Study ... - Bloomberg
June 4 (Bloomberg) -- Most of the 5.85 million subprime mortgages in the U.S. are in danger of defaulting in the next 12 months because of restrictions on changing terms of the loans, according to Offit Capital Advisors. About 80 percent of the loans ...
2008-06-04 02:07:00 -
Club news (Belleville News-Democrat)
Belleville
2008-06-04 01:11:16 -
Reverse mortgages not for everyone (Bankrate.com via Yahoo! Finance)
Reverse mortgages are popular, but they can reduce the options of some homeowners, says Dr. Don Taylor.
2008-06-04 03:00:00