Mortgage and Financial News From 2007-12-6 Page 13

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  • Will Consumer Credit Feel the Crunch? (BusinessWeek)

    Rising delinquencies on credit cards suggest that problems in the U.S. mortgage market may be spreading to consumer lenders
    2007-12-06 08:13:46
  • Mortgage Relief May Aid Some (Washington Post)

    We can't seem to get away from all the mortgage news, can we? This week, in an effort to head off even more bad news in the mortgage industry, the Bush administration brokered a deal to help homeowners facing foreclosure.
    2007-12-06 10:18:00
  • Bad Credit and Home Refinance (Albert Lea Tribune)

    (ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
    2007-12-06 01:33:00
  • Biz Bits for Dec. 5

    Northwest Explorer - Stephen Wolf has joined Wells Fargo’s home mortgage division as a reverse mortgage consultant. Wolf will be responsible ... Green, Jane Penttinen, and Phaedra Wilson will be new senior mortgage advisors, each with an emphasis on residential mortgages
    2007-12-04 03:54:00
  • Stocks Set For Lower Open As Futures Reverse

    Investors Business Daily - Stocks Set For Lower Open As Futures Reverse ... President Bush is expected to announce a freeze on interest rates for some subprime mortgages for five years to ward off the ...
    2007-12-06 06:12:00
  • 911 for homeowners

    MSNBC - ... double the number of callers than in the first quarter of the year.  Many of the homeowners had adjustable-rate mortgages ... For senior homeowners having a tough time making their house payments, a reverse equity mortgage loan may be an option ...
    2007-12-06 02:26:00
  • Edwards Slams Bush Mortgage Plan

    CBS News - ... announced a plan to freeze interest rates for five years for hundreds of thousands of strapped homeowners whose mortgages are ... and acted in an arrogant way and it has damaged America's standing in the world in a serious way and I intend to reverse ...
    2007-12-06 03:30:00
  • Banta shows new equipment

    Post-Tribune - In January, Adult Protective Services will have a workshop for the seniors; in February, it will be a workshop on living with loss; and in March, an investment banker will talk on reverse mortgages and other retirement finances. Two Valparaiso ...
    2007-12-06 01:54:00
  • Futures Indicate Early Gains (TheStreet.com)

    Buyers are interested ahead of the unveiling of the government's mortgage plan.
    2007-12-06 05:11:11
  • Stocks Move Slightly Higher (TheStreet.com)

    Traders await the unveiling of the government's mortgage plan.
    2007-12-06 07:11:21
  • Slowly but Surely, Stocks Rise (TheStreet.com)

    Traders await the unveiling of the government's mortgage plan and mull a hawkish ECB chief.
    2007-12-06 10:41:20
  • Relief for homeowners as Bank of England cuts interest rates by quarter per cent (Daily Mail)

    The Bank of England today cut interest rates by a quarter point to 5.5 per cent after house prices suffered their most prolonged reverse for 12 years. The news will come as a relief to homeowners who had been feeling the effects of rate rises and the credit crisis in recent months
    2007-12-06 04:15:13
  • Biz Bits for Dec. 5 (Explorer News)

    Stephen Wolf has joined Wells Fargo’s home mortgage division as a reverse mortgage consultant. Wolf will be responsible for working with senior homeowners who want a reverse mortgage, which uses equity towards additional retirement income. Wolf previously was the owner of Wolf Mortgage.
    2007-12-06 09:01:26
  • CNBC U.S.

    CNBC - New York Attorney General Andrew Cuomo subpoenaed Wall Street banks, investigating how mortgages were packaged up and sold as ... For the past few seasons, the second week of December proved to be the most profitable for cyberspace. Catherine Holahan ...
    2007-12-05 11:21:00
  • Brazil Real Rises as Subprime Accord Supports Domestic Assets

    Bloomberg - Dec. 6 (Bloomberg) -- Brazil's real rose for a second day as a planned U.S. freeze on some subprime mortgages eased concern over tightening credit markets, renewing demand for higher-yielding, local assets. ``The foreign scenario is looking much ...
    2007-12-06 04:46:00