Mortgage and Financial News From 2008-1-25 Page 10

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  • Smith pushes for more in stimulus plan - EastOregonian.info (subscription)

    Smith pushes for more in stimulus planEastOregonian.info (subscription), OR - 3 hours agoAdditionally, Smith wants help for first-time home buyers to refinance mortgages and avoid foreclosures. That's an issue he's worked on with fellow Finance ...
    2008-01-25 05:33:09

  • Bush tells Congress it would be a mistake to delay or derail US ... - PR-Inside.com (Pressemitteilung)

    Bush tells Congress it would be a mistake to delay or derail US ...PR-Inside.com (Pressemitteilung), Austria - 2 hours agoThe crisis in risky home loans has hit hard at many lending institutions and cramped credit for almost everyone else. Economic growth has all but ...
    2008-01-25 06:04:08

  • Don't demonize brokers - Sun-Sentinel.com

    Don't demonize brokersSun-Sentinel.com, FL - 2 hours agoThey clawed, kicked, dragged and schemed their way to just one more refinance. I'm not saying all — or even most — borrowers I met were like this, ...
    2008-01-25 06:56:23

  • Rep. Capps Praises Economic Stimulus Agreement - The Santa Barbara Independent

    Rep. Capps Praises Economic Stimulus AgreementThe Santa Barbara Independent, CA - 1 hour agoCertain provisions will make it easier for homebuyers in more expensive markets to get new mortgages or refinance loans, according to a New York Times ...
    2008-01-25 07:04:49

  • Economic Stimulus could lower mortgages - abc7news.com

    Economic Stimulus could lower mortgagesabc7news.com, CA - 1 hour agoThat's part of the proposed Economic Stimulus package, and it would make it easier to buy or refinance a home in the Bay Area, since prices are so high. ...
    2008-01-25 07:08:54

  • Your Money Housing Market Gives Hints of a Thaw - New York Times

    Your Money Housing Market Gives Hints of a ThawNew York Times, United States - 36 minutes agoJohn Alexander, president of the exchange, said the demand and his conversations with lenders indicated that many borrowers were hoping to refinance but had ...
    2008-01-25 08:23:35

  • Mortgage rates might fall further - Sun-Sentinel.com

    Mortgage rates might fall furtherSun-Sentinel.com, FL - 35 minutes agoBut refinancing is not an option for everyone. Lenders are raising their standards while home values are falling. I heard from one borrower whose home had ...
    2008-01-25 08:24:54

  • Rep. Capps Praises Economic Stimulus Agreement (Santa Barbara Independent)

    The bipartisan accord will make it easier to buy or refinance some Santa Barbara County homes.
    2008-01-25 06:51:39

  • Bush: to derail economic stimulus package, a mistake (10:00 a.m.) (Sun Star)

    WASHINGTON (AP) - President George W. Bush is urging Congress to pass quickly an economic stimulus package without weighting it down with extraneous spending because fast action is needed to kick-start the sputtering U.S. economy.
    2008-01-25 07:13:01

  • Housing Market Gives Hints of a Thaw (NYTimes.com via Yahoo! Finance)

    Various arms of the federal government swung into action this week to boost the economy. Yet for many, the incentives are not enough.
    2008-01-25 08:40:01

  • Norlarco gets new owners

    Coloradoan - ... transfer its bad debt to the National Credit Union SHARE Insurance Fund, which insures the credit union. One big difference between Norlarco and PSCU’s business model involves its philosophy of lending out of state. PSCU does not provide mortgage ...
    2008-01-25 03:54:00

  • Can banks self-regulate?

    International Herald Tribune - But with financial markets alternately reeling and rejoicing from a string of losses linked to the U.S. mortgage market and ... At its heart, what has become known as the "subprime" crisis for its link to mortgages given to borrowers with bad credit ...
    2008-01-25 05:12:00

  • SocGen's Risk Mismanagement

    Forbes - ... because of bad futures bets. Look what's happening to Wall Street and its massive leverage to the credit derivatives market. Banks have written down more than $100 billion worth of their holdings of complex derivatives tied to the troubled mortgage ...
    2008-01-25 02:56:00

  • Debunking bank report

    Philadelphia Inquirer - It probably hasn't been a lot of fun to be in banking over the last six months, what with the credit crisis, subprime-mortgage mess, and ... like many big banks, has been struggling to stem the billions in losses from loans and investments gone bad ...
    2008-01-25 04:01:00

  • Senate under pressure to approve stimulus deal to get tax rebates to ...

    CNBC - The crisis in subprime home loans has hit hard at many lending institutions, cramping credit for almost everyone else ... To address the mortgage crisis, the package raises the limit on Federal Housing Administration loans from $362,790 to as high ...
    2008-01-25 01:09:00

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