Mortgage and Financial News From 2008-8-8 Page 01
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As Defaults Climb, Fannie Mae Posts $2.3B Loss - Washington Post
Fannie Mae , a key source of support for the nation's struggling housing market, reported yesterday that its expenses from foreclosures and bad loans rose 64.9 percent during the second quarter and predicted deepening trouble ahead, heightening ...
2008-08-08 08:50:00 -
Fannie Mae loans will cost more - Raleigh News & Observer
For home buyers who don't have stellar credit histories and big down payments, there are few options these days except loans insured by the Federal Housing Administration. Those loans require a minimum of 3.5 percent down and full proof of income ...
2008-08-08 10:23:00 -
Home repossessions at 12-year high - Guardian Unlimited
Soaring numbers of borrowers struggling amid the credit crunch sent home repossessions to the highest level for 12 years in the first half of 2008, figures have revealed. Lenders repossessed 18,900 homes after their owners failed to keep up with ...
2008-08-08 10:23:00 -
BankUnited posts wider-than-expected Q3 loss - Reuters
(Reuters) - BankUnited Financial Corp (BKUNA.O: Quote , Profile , Research , Stock Buzz ) posted a wider-than-expected quarterly loss, as it set aside more money for bad loans, and said it was shrinking its residential mortgage loan portfolio. The ...
2008-08-08 02:37:00 -
Six local mortgage brokers lose licenses - Lebanon Reporter
Indiana Secretary of State Todd Rokita warned last month that mortgage loan brokers who hadn’t met new testing requirements in a 2007 law would lose their license. He followed through on that promise this week as a nearly half of the state’s ...
2008-08-07 03:50:00 -
Court notes (Marion Chronicle-Tribune)
•Chase Home Finance LLC vs. Floyd W. Frieszell AKA; written appearance of Jerlyn S. Southwick filed, together with a complaint on note and to foreclose mortgage on real estate, summons issued.
2008-08-08 10:37:07 -
Falling oil, dollar's rise put a charge in stocks (The Indianapolis Star)
NEW YORK -- Wall Street rebounded smartly Friday, shooting higher as a surge in the dollar and another plunge in oil prices eased some of investors' worries about losses at mortgage finance company Fannie Mae.
2008-08-08 11:02:19 -
Home equity loan cutoffs spread (The Indianapolis Star)
Banks respond to drop in housing values; more stable market might spare Hoosiers.
2008-08-08 11:02:47 -
Stocks jump again as price of oil drops (The Clarion-Ledger)
Wall Street rebounded sharply Friday as a surge in the dollar and a resulting drop in oil prices eased investors' worries about losses at mortgage finance company Fannie Mae.
2008-08-08 11:03:04 -
Advertisement starts (Tiscali)
Excluding extraordinary items, the second-quarter loss equalled $2.51 per share, more than two-and-a-half times greater than the average estimate among Wall Street analysts of 98 cents per share, according to Reuters Estimates.
2008-08-08 11:13:01 -
Crombie REIT announces second quarter 2008 results and commitments to ... - CNW Group
Attention Business/Financial Editors: Crombie REIT announces second quarter 2008 results and commitments to refinance $100 million of bridge loan
2008-08-08 05:33:00 -
Anthracite Capital Reports Earnings of $0.34 Per Share and Book Value of $10.53 Per Share (Business Wire via Yahoo! Finance)
NEW YORK----Anthracite Capital, Inc. today reported net income available to common stockholders for the second quarter of 2008 of $0.34 per share, compared to $0.34 per share for the same three-month period in 2007.
2008-08-08 04:00:00 -
Archive for: August, 2008 - ZDNet Blogs
Categories: General , Open Source , Web Technology , Podcasts , Linux , Google , Microsoft , EIC2 Tags: google inc. , linuxworld , microsoft silverlight , podcasts , web site development , data centers , linux , web technology , internet , storage On ...
2008-08-08 12:07:00 -
Clark's date with destiny looms - New Zealand Herald
Will Helen Clark go early? Or will the Prime Minister leave it until as late as possible? The money is on October 18 or November 8 as the most likely dates for this year's general election. With Parliament starting to get itchy with election fever ...
2008-08-08 10:05:00 -
Maryland interest rates - Baltimore Sun
Phone Money market Certificate of deposit New car loan Calls from Rate Min. Rate Min. Term Rate Term Down Balt. area (%) dep. (%) dep. (mos.) (%) (mos.
2008-08-07 07:50:00