Mortgage and Financial News From 2008-3-5 Page 19

Previous Day: 2008-03-04

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• Personal Finance Notebook: How to help Mom on Social Security

  Sacramento Bee - And Victoria Barnes, who sees plenty of reverse mortgages at the Yolo County Clerk-Recorder's Office, said concerns like yours are common. "The documents are confusing.
  2008-03-03 11:54:00

• Lawsuit by city targets lender

  Baltimore Sun - District Court, alleges that California-based Wells Fargo Bank sold higher-interest subprime mortgages to blacks more frequently than to whites and that the practice, known as reverse redlining, violates federal housing law.
  2008-03-03 10:35:00

• Stocks Pull Off Lows on Amazon, Cisco

  Newsday - Merrill Lynch has reduced its full-year earnings prediction for Citigroup because it believes the bank could write down another $18 billion of debt tied to souring mortgages.
  2008-03-04 12:26:00

• Bernanke urges banks to forgive portions of mortgages

  Los Angeles Times - ... ready to go beyond stretching out interest payments or trimming rates and write down the principal of some troubled mortgages ... any other state but California , Bernanke said that unless bankers act quickly, a large number of homeowners could reverse ...
  2008-03-04 02:42:00

• Thornburg Back From the Brink (Forbes)

  Mortgage lender sells some assets at the end of a rough day.
  2008-03-03 03:12:07

• Family Calendar (The Charlotte Observer)

  Thursday BRAIN SCIENCE TALK: Ken Gibson, author of "Unlock the Einstein Inside: Applying New Brain Science to Wake Up the Smart in Your Child," gives a free talk at the LearningRX Center, 7221 Pineville-Matthews Road, Suite 100, 4-5 p.m. RSVP: 704-541-1373. Saturday KIDS SALE: Charlotte Mothers of Multiples holds its spring/summer consignment sale, 7:30 a.m.-2:30 a.m. at the ...
  2008-03-04 12:21:54

• Sponsored Listing (Growth Company Investor)

  Maiden first-half profits from Focus, a provider of software services for the financial sector, point to good progress but a diminished share price is undermining its ability to make acquisitions.
  2008-03-04 05:56:40

• Monday's Biggest Stock Stars (The Motley Fool)

  Yesterday's market is today's road map.
  2008-03-04 06:59:49

• M&A Drop Presages Lean Year for Leaders Goldman, Morgan Stanley

  Bloomberg - The overall 21 percent gain in fees for the full year masked a 44 percent decline in the second half compared with the ... Spooked by losses in U.S. subprime mortgages, investors lost their appetite for the high- yield and high-risk debt needed to ...
  2008-03-01 03:57:00

• Stocks in Europe, Asia Fall, Led by UBS; U.S. Futures Decline

  Bloomberg - ... percent this year on concern losses related to U.S. subprime mortgages and a slowdown in the world's largest economy will curb profit growth. A private survey today may show manufacturing in the U.S. contracted in February for a second ...
  2008-03-03 12:45:00

• Stocks pull off lows on bargain hunting

  Associated Press - ... is in recession - and whether investors have been too optimistic about corporate profits bouncing back in the second half ... Now, banks are not only strapped with souring mortgages, but the prospect of big losses from other types of consumer and ...
  2008-03-05 01:26:00

• Mortgages & homes - Endowments

  This is Money - Mortgages & homes - Endowments ... In coming days she will respond to a second, apparently improved, NU offer.
  2008-03-01 03:57:00

• Mortgage belt to get tighter

  News.com.au - HOME buyers and businesses today face their 12th consecutive interest rate rise – and their second in as many months ... year high of 7.25 per cent today to control inflation, increasing pressure on home owners already struggling to pay mortgages.
  2008-03-03 09:35:00

• HSBC profit up, but bad debt hits $17-billion

  Globe and Mail - Buoyant growth in Hong Kong and elsewhere in Asia helped Europe's biggest bank absorb hit from subprime mortgages in the U.S ... The second type of conversation is fully moderated. In a fully moderated conversation, every comment is reviewed by a ...
  2008-03-03 08:02:00

• JRF report recommends new safety net for home-owners at risk of ...

  Politics.co.uk - ... for second home-owners or private landlords. The research team behind the report suggest it be made compulsory for all new borrowers and those who remortgage.
  2008-03-05 12:36:00

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