Mortgage and Financial News From 2008-5-11 Page 4
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Oscar Black charged with felony mail fraud (The Weatherford Democrat)
Former Weatherford mortgage broker and cattle baron Oscar Black is expected to plead guilty to a felony mail fraud charge in federal court May 20, Black’s attorney confirmed Friday.
2008-05-11 10:18:35 -
AZ bill for licensing of mortgage officers hits roadblock (KVOA Tucson)
Associated Press - May 11, 2008 1:14 PM ET PHOENIX (AP) - Legislation requiring people who help arrange mortgage loans for home buyers to get a state license has hit a roadblock near the finish...
2008-05-11 10:25:56 -
Jingle Mail (CBS News)
JINGLE MAIL....Has there been a sea change in the way Americans view the responsibility of paying off their mortgages? Has it become common to simply toss the keys to your house in the mailbox and walk away if you don't...
2008-05-11 11:01:14 -
Bank launches 'free' campaign in Cebu (Philippine Daily Inquirer)
CEBU CITY, Philippines--Recognizing that emerging sectors would fuel Cebu's growth, a bank has launched a campaign designed to increase its depositors' base.
2008-05-11 11:02:09 -
A V Rajwade: Questions after the crisis (Business Standard India)
When the risk-to-reward of trading is so skewed in favour of the trader, financial crises will keep recurring.
2008-05-11 11:37:44 -
Real Estate: New jumbo-mortgage limits just starting to help buyers on rates (Market Watch)
The stimulus checks may be in the mail but Americans are still waiting for another component of the federal stimulus package to bear full fruit.
2008-05-11 12:22:49 -
California man losing nine homes in mortgage mess (Stuff)
A California man who has defaulted on nine homes and expects banks to foreclose on all of them, forcing him into bankruptcy, says he now considers it a mistake to have invested in the real estate market.
2008-05-11 01:45:24 -
ICICI Bank lowers EMIs for home loan customers (Business Standard India)
Lengthens tenures in response to customer feedback. ICICI Bank, India's second biggest bank, has offered to lower the equated monthly installments (EMIs) for a large number of its borrowers by enhancing the tenure of their home loans.
2008-05-11 01:51:53 -
Yen Rises Most Against Euro Since January on Credit Concern - Bloomberg
May 10 (Bloomberg) -- The yen rose the most against the euro since January and the Swiss franc advanced versus the dollar for the first time in four weeks as renewed concern credit market losses are deepening led to a drop in stocks. After two weeks ...
2008-05-10 05:40:00 -
British home repossessions highest in 15 years - San Diego Union-Tribune
Howard Archer, chief European economist at Global Insight, said the report underlined the limited impact for consumers of a series of interest rate cuts this year. The Bank of England has lowered the rate from 5.75 percent to 5 percent. “The ...
2008-05-09 10:27:00 -
8 financial tips for young adults - Rediff.com
U nfortunately, personal finance has not yet become a required subject in high school or college, so you might be fairly clueless about how to manage your money when you're out in the real world for the first time. If you think that understanding ...
2008-05-10 05:40:00 -
Sell or hold your realty investments? - Rediff.com
D id you put money in real estate during the past year or so with the express objective of gaining through capital appreciation? If yes, depending on a number of factors, you might have a bit of a problem on your hands. For, over the past year, the ...
2008-05-10 05:40:00 -
When to refinance - San Antonio Express News
Interest rate cuts signal that it's getting cheaper to borrow money. After the seventh rate cut in the past year, the average 30-year fixed-rate mortgage has about a 5.8 percent interest rate, according to Bankrate.com. The low rates could spark a ...
2008-05-09 05:58:00 -
Who can afford to stay single now? - Guardian Unlimited
Jane Austen heroes and heroines, prepare to move aside. A single man in possession of a good fortune might have been 'in want of a wife' 200 years ago, but that no longer holds true. According to figures from the Office for National Statistics, the ...
2008-05-10 04:31:00 -
Markets to play it safe ahead of budget - The Australian
AUSTRALIAN share traders are expected to remain cautious ahead of tomorrow night's federal budget and the mid-week release of quarterly wage data. Despite another sizeable loss on Wall Street on Friday due to heightened fears about another surge in ...
2008-05-11 07:04:00