Mortgage and Financial News From 2008-1-17 Page 6

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  • A little deregulation went a long way - Youngstown Vindicator

    A little deregulation went a long wayYoungstown Vindicator, OH - 56 minutes agoThe Fed’s recent rules allow action against predatory lenders only on showing a “pattern and practice” of unlawful conduct; disclosures of “yield-spread ...
    2008-01-17 09:20:35

  • Apartment rents creep up amid higher occupancy - North County Times

    Apartment rents creep up amid higher occupancyNorth County Times, CA - 52 minutes agoAs lenders have become more cautious while wrestling with huge losses from past loans to borrowers with blemished credit problems, fewer people can qualify ...
    2008-01-17 09:24:58

  • Bernanke calls on Congress to provide relief for workers - Palm Beach Post

    Bernanke calls on Congress to provide relief for workersPalm Beach Post,  United States - 49 minutes agoMany economists say the overall US economy is not in recession, with most of the pain being felt by mortgage lenders, bankers, Realtors, homeowners with ...
    2008-01-17 09:27:08

  • UFOs seen over Texas - Norman Transcript

    UFOs seen over TexasNorman Transcript, OK - 45 minutes agoAfter their mortgage lenders came after their blood in the fourth quarter, there was little left for the Red Cross. Hillary Clinton won the debate with ...
    2008-01-17 09:31:19

  • Buying Into China's Land Rush - Wall Street Journal

    Buying Into China's Land RushWall Street Journal - 45 minutes agoLenders sometimes will loan only 50% to 60% of a property's value if the buyer already has another mortgage. Property sold within five years of purchase is ...
    2008-01-17 09:31:35

  • Wall Street may be pushing economy down wrong path - Austin American-Statesman

    Wall Street may be pushing economy down wrong pathAustin American-Statesman, TX - 44 minutes ago... from the housing market's woes, as lenders that have suffered heavy losses because of rising mortgage delinquencies cut back on extending loans. ...
    2008-01-17 09:32:12

  • Brian Rogers Buys HarleyDavidson Inc., SLM Corp., Cablevision ... - GuruFocus.com

    Brian Rogers Buys HarleyDavidson Inc., SLM Corp., Cablevision ...GuruFocus.com, TX - 34 minutes agoFannie Mae provides funds to mortgage lenders through the purchase of mortgage assets, and issues and guarantees mortgage-related securities that facilitate ...
    2008-01-17 09:42:17

  • An empire’s decline - phillyBurbs.com

    An empire’s declinephillyBurbs.com, PA - 15 minutes agoThe company began negotiating with lenders for advances to pay contractors, suppliers and other third parties so it could continue building. ...
    2008-01-17 10:01:15

  • The sweet smell of solutions - Pioneer Press

    The sweet smell of solutionsPioneer Press, MN - 9 minutes ago... program portrays as a global "contagion" is the fallout from lenders marking down more than $80 billion after a surge in US subprime mortgage defaults. ...
    2008-01-17 10:07:17

  • Hong Kong shares end morning sharply lower on Wall Street ... - Forbes

    Hong Kong shares end morning sharply lower on Wall Street ...Forbes, NY - 6 minutes agoSome of China's major banks have posted higher 2007 earnings and more top lenders and companies are expecting to announce improved results, but analysts are ...
    2008-01-17 10:10:57

  • California Housing Market Takes Another Hit (FOX 40 Sacramento)

    LOS ANGELES — California's housing slump worsened in December as many would-be buyers met difficulty obtaining financing for jumbo mortgages and others continued to wait out the market, driving home sales and median home prices down sharply, a real estate research firm said Thursday.
    2008-01-17 09:30:21

  • Wall Street may be pushing economy down wrong path (Austin American-Statesman)

    Is a recession a serious risk — or is it mostly in Wall Street's mind? Financial markets have descended into a major funk in the past two weeks, driving key stock indexes to their lowest levels in more than a year.
    2008-01-17 09:33:36

  • More Cash Down In These 'Declining Markets' (Washington Post)

    Home buyers and sellers in the Washington area face a new challenge: Most of the region has been tagged a "declining market" by the powerful loan underwriters who review mortgage applications.
    2008-01-17 09:45:12

  • Hospital Center at Orange about to be razed (The Star-Ledger)

    Now that a financial investment arrangement has been approved, the closed Hospital Center at Orange site is just months away from being razed and redeveloped into a long-awaited $100 million Avenue at Orange residential condominium and retail redevelopment.
    2008-01-17 10:05:16

  • (AFX UK Focus) 2008-01-18 06:00 GMT: Hong Kong shares end morning sharply lower on Wall Street, subprime woes UPDATE (Interactive Investor)

    HONG KONG (Thomson Financial) - Hong Kong shares finished Friday morning session sharply lower as the worsening subprime mortgage crisis and an unexpected drop in US manufacturing activity drove the key index down more than 3 percent before regaining some lost ground.
    2008-01-17 10:10:42

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