Mortgage and Financial News From 2008-5-19 Page 01
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Home Buying Experts Warn - Builder Loan Fine Print Could Cost You Thousands (PR Newswire via Yahoo! Finance)
The home loan packages offered by builders are often touted as being very convenient. But when it comes to evaluating the true benefits the picture is often quite different, according to the home buying specialists at the National Association of Exclusive Buyer Agents, .
2008-05-19 06:24:00 -
/ CORRECTION - Operation HOPE Mortgage Crisis Initiative Gets Boost From Neighborworks(R) America (Marketwire via Yahoo! Finance)
In the news release, "Operation HOPE Mortgage Crisis Initiative Gets Boost From Neighborworks® America," issued earlier today by Operation HOPE, we are advised by the company that the first sentence of the sixth paragraph should read "To date, HOPE has helped more than 8,396 homeowners seeking assistance, while call-center records show more than 23,000 calls have been received" rather than "To ...
2008-05-19 06:51:00 -
GMAC Prices Debut Australian Mortgage Bonds at Record (Update1) (Bloomberg.com)
May 20 (Bloomberg) -- GMAC LLC , the U.S. auto and home-loan lender, priced more than A$300 million ($286 million) of Australian mortgage-backed bonds at a record high yield margin for the local market, according to an e-mail sent to investors.
2008-05-19 07:24:58 -
Why We Disagree With Housing Bull (GoldSeek.com)
Is the end of the housing bust in sight? A prominent money manager known for his maverick views thinks so, but not without reservations.
2008-05-19 07:47:50 -
County can help close on 1st home (The Facts)
Low- to moderate-income Brazoria County families may qualify for up to $5,000 to help them with closing costs on the purchase of their first home.
2008-05-19 08:20:13 -
Officials fret over look of foreclosed homes (Inland Valley Daily Bulletin)
Houses with boarded-up windows, peeling paint, tumbledown fences and overgrown lawns are cropping up across San Bernardino County.
2008-05-19 09:05:26 -
Foreclosure compromise found (Akron Beacon Journal)
WASHINGTON: The Senate Banking Committee today is expected to pass a bipartisan measure that creates a $300 billion loan-guarantee program to refinance distressed mortgages and slow a rising national tide of foreclosures.
2008-05-19 10:37:54 -
Patterson still trying to secure land for courthouse (The Journal News)
PATTERSON - Whether the town seizes land for a new courthouse or buys it from the mortgage holder could come down to about $20,000.
2008-05-19 11:43:56 -
Currency Rates Of Coffee Producing, Consuming Countries - FXStreet.com
Copyright 2008 Dow Jones & Company, Inc. The Dow Jones content is the property of Dow Jones or its licensors, and is protected by copyright and other intellectual property laws. If you are an individual, you agree not to store, copy, reproduce ...
2008-05-19 12:43:00 -
UK interbank lending rates remain stubbornly high - FXStreet.com
LONDON (Thomson Financial) - The key rate at which banks lend to each other remained stubbornly high, after markets scaled back expectations for Bank of England interest rate cuts following last week's gloomy Inflation Report. The three-month Libor ...
2008-05-19 04:03:00 -
How to Play $1K: Sweet CDs - Street.Com
"[A CD] gives consumers peace of mind during uncertain economic times," says Tracey Mills of the Consumer Bankers Association. Plus, with just $1,000, what stocks could I really afford to buy where I'd have enough diversification? The names I like ...
2008-05-19 09:32:00 -
Bargain Hunter tells how to save on shipping expenses (Los Angeles Daily News)
SHIP FREE: I just discovered www.FreeShipping.org and it lists a ton of, you guessed it, free shipping codes.
2008-05-19 12:12:44 -
INDICATORS - Lebanon - Updated May 19 (Reuters via Yahoo! Malaysia News)
BEIRUT, May 19 - Below is a table of the latest Lebanese economic statistics.
2008-05-19 04:25:48 -
Jackson(SM) Introduces New OptiMAX Level Rate Fixed Annuities (Centre Daily Times)
Jackson National Life Insurance Company(R) (Jackson) today announced new additions to its OptiMAX family of fixed annuities. Designed specifically for the bank channel, Jackson's OptiMAX Level Rate One(SM) and OptiMAX Level Rate Two(SM) fixed annuity contracts offer a choice of interest rate guarantee periods, flexible withdrawal provisions and a guarantee of principal with tax-deferred earnings ...
2008-05-19 08:29:52 -
How to Play $1K: Sweet CDs (TheStreet.com)
Want to put $1,000 to work? TheStreet.com's Farnoosh Torabi checks out CDs.
2008-05-19 09:48:33