ELS Reports Second Quarter Results - MarketWatch
ELS Reports Second Quarter ResultsMarketWatch - 9 hours agoFor the second half of 2008, the Company's projected interest expense assumes an average outstanding mortgage loan balance of approximately $1.56 billion at …
Bank stocks sink, mortgage bigs get bailout (New York Daily News)
The crisis wreaking havoc in the banking industry shows no signs of slowing as more bad news roiled Wall Street. Even as the government leaped in to help two ailing mortgage giants, the big question among investors was: How bad will it get and how long will it last?
Japan’s 10-Year Bonds Advance for Second Day as Stocks Decline (Bloomberg.com)
July 15 (Bloomberg) — Japan’s 10-year bonds rose for a second day as concern that credit-market losses will increase encouraged investors to favor the relative safety of debt.
End the Mortgage Duopoly - Wall Street Journal
Voice of AmericaEnd the Mortgage DuopolyWall Street Journal - 5 hours agoIts first stated purpose was "to provide stability" in the secondary mortgage market. Its second purpose (of four) was "to respond appropriately to the …Video: Fed, Treasury Offer Help to Fannie and Freddie AssociatedPress2ND LD: Paulson seeks authority to enhance Fannie Mae, Freddie Mac+ TMCnetGovernment's Rescue Plan Leaves Unresolved Problems ABC NewsSeattle Times - Houston Chronicleall 2,575 news articles
U.S. stocks drop sharply as oil surges, mortgage giants slide (MarketWatch via Yahoo! Finance)
U.S. stocks sink, with the Dow industrials falling below the 11,000 level for the first time since August 2006, as the price of oil climbed and investors contemplated the possible demise of mortgage buyers Fannie Mae and Freddie Mac.
Second Mortgage Broker Helps Clients Avoid Foreclosure - BigNews.biz (press release)
Second Mortgage Broker Helps Clients Avoid ForeclosureBigNews.biz (press release), MA - Jul 10, 2008Second mortgage broker Sydney Financial is helping clients organize their finances by taking out home equity loans, a move that may help some homeowners …
Lehman Shares Sink as Fannie, Freddie Plunge for Second Day - Bloomberg
Los Angeles TimesLehman Shares Sink as Fannie, Freddie Plunge for Second DayBloomberg - Jul 10, 2008By Yalman Onaran July 10 (Bloomberg) — Lehman Brothers Holdings Inc., once the largest US underwriter of mortgage-backed bonds, headed for its biggest …Of Mortgage Investors Wall Street JournalLehman or Fannie/Freddie: Whose Bottom Will This Be? istockAnalyst.comFannie Mae (FNM), Freddie Mac (FRE) Stock Shares Fall TransWorldNews (press release)Los Angeles Times - The Associated Pressall 232 news articles
Stock falls to 2-year low on mortgage worries (Detroit Free Press)
NEW YORK Stocks tumbled today as investors focused on troubles at mortgage companies Fannie Mae and Freddie Mac and watched oil prices climb further into record territory. The Dow Jones industrials fell more than 200 points and slid below the 11,000 mark for the first time in two years.
Economy Forcing Americans to Work Harder - Tothecenter.com
It seems that an uncertain economy is forcing Americans to work harder. Many Americans are now taking second jobs just to make ends meet. Many Americans have been laid-off from their jobs and are scared at the state the economy is in, with the cost
Foreclosures and bankruptcies soar in Utah - ksl.com
House prices of 3x income is the historical norm. The historically sound mortgage prices are 20% down, and 8% interest. We are way out of line, and this must be corrected. I believe average annual income for utah is 40-50k. Which would make average
WPI launches home buyer program - Boston Globe
Worcester Polytechnic Institute said it has launched a program to help eligible employees buy a first home in Worcester. Called the WPI Home Ownership Program, the mortgage program will “increase a home buyer s ability to buy a home in Worcester by
The Flaws in the FHA Housing Bill - Wall Street Journal
One year and one million foreclosures into the mortgage crisis, Congress will finally produce a major piece of legislation aimed at alleviating the problem. The Dodd-Frank FHA Bill will authorize the Federal Housing Administration to insure
Subprime crisis is hard to pin on greedy buyers - Nashville Tennessean
WASHINGTON Vicki Miller bought her childhood home in Altoona, Pa., from her mother’s estate for $32,000, using a nice, traditional mortgage from the local savings and loan. Seven years later, her debt has more than doubled, her once-significant
Healing through art, artist’s paintings help families cope with loss - Carroll County Online
“Let’s go see the boys,” Westerville, Ohio, artist Anita Miller says as she heads down the unfinished wooden stairs to her studio. There are “the boys”: Eight life-size oil paintings, images she hopes capture the spirit and personalities of Lima
Stilwell comes under fire from commissioners - News-Press
Two Lee County commissioners called Thursday for an investigation by the county attorney into whether County Manager Don Stilwell lied about his ownership of land being considered for right-of-way acquisition. Requests from three commissioners are
On the trail of the perfect bacon - Biloxi Sun Herald
Cochran recounts McCain dustup with the Sandinistas Favre’s response to report: ‘It’s all rumor’ Favre considers return to NFL or does he? Man accused of selling drugs from his business Man accused of forcing sex Driver in collision charged with
Electric cars could be poised for comeback - AZCentral.com
Paul Moore is feeling a lot more independent this Fourth of July, and it’s not just patriotism. With most metro Phoenix drivers paying $4.09 or more per gallon of gas to drive out and watch fireworks, the Paradise Valley resident knows driving
