Mortgage and Financial News From 2008-1-27 Page 13

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  • House Of Cards: The Mortgage Mess (CBS News)

    Correspondent Steve Kroft reports on how the U.S. subprime mortgage meltdown, in which risky loans drove a housing boom that went bust, is now roiling capital markets worldwide.
    2008-01-27 04:30:03

  • Excerpt: 'The Appeal' (NPR)

    The jury was ready.
    2008-01-27 04:30:13

  • New 2007 tax breaks help homeowners (Seattle Post-Intelligencer)

    WASHINGTON -- In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.
    2008-01-27 04:50:22

  • Woods Wins Fourth Straight Buick Title (WMUR New Hampshire)

    Tiger Woods coasts to an eight-shot victory at the Buick Invitational.
    2008-01-27 05:01:45

  • US package somewhat reassuring (The Star)

    THE threat of a full blown financial crisis in the US, given that a recession will accentuate financial losses and worsen the liquidity and credit crunch, has lessened somewhat bolstered by the US$150bil economic package announced by the Bush administration last week, experts said.
    2008-01-27 05:18:58

  • Woods Wins To Tie Palmer (KRXI-TV Reno)

    Tiger Wins opens his 2008 season with a victory at the Buick Invitational.
    2008-01-27 05:21:27

  • Darling Plans to Hand More U.K. Bank Supervisory Powers to FSA

    Bloomberg - ... plans, part of an effort to improve the supervision of financial institutions in the wake of the run on deposits at mortgage ... A decade ago, Brown handed the Bank of England independence authority to interest rates and transferred its banking ...
    2008-01-26 03:55:00

  • Navigating troubled waters: Buyer of foreclosed property beware

    Naples Daily News - Florida is among the leading states in foreclosure rates across the country, the result of falling home prices and increasing mortgage payments. As more and more foreclosed properties enter courthouse auctions, consumers may be enticed to buy the ...
    2008-01-27 01:53:00

  • The State of the Union -- and Its Debt

    Street.Com - Prominently displayed on the home page are two running series of numbers that ... to figure out your family finances -- and ignored the amount due on your mortgage and ... So far, they've kept holding our debt as the Fed pushes rates down to stimulate ...
    2008-01-27 01:03:00

  • New Zealand Home Affordability Little Changed From Record Low

    Bloomberg - Jan. 26 (Bloomberg) -- New Zealand home affordability was little changed in December from a record low a month earlier as the cost of loans rose, adding to signs that borrowing rates are curbing economic growth. A home mortgage on a median-priced ...
    2008-01-24 03:58:00

  • French Bank Says Trader Hacked Computers

    Forbes - Home Business Tech Markets Entrepreneurs Leadership Personal Finance ForbesLife Lists ... the size of the multi-billion-dollar charge it would take for bad bets on mortgage ... Federal Reserve's subsequent decision to cut rates. But in its explanatory note ...
    2008-01-27 01:53:00

  • Shinsei One-Stop-Shop Recalls J.C. Flowers to Restore Profits

    Bloomberg - Bank branches featuring comfortable meeting spaces, wireless access and monitors with mortgage and currency exchange rates are common. In 2001, Shinsei was first to break Japan's standard 3 p.m. bank closing time, keeping all of its branches open ...
    2008-01-27 03:54:00

  • Real-estate agents 'preying on battlers' - ABC Online

    Real-estate agents 'preying on battlers'ABC Online, Australia - 3 hours ago"If you're under mortgage stress, make sure that if you're going to sell your home, however you're going to sell it, get a proper evaluation," she said. ...
    2008-01-27 02:31:39

  • Are we having fun yet? - OpEdNews

    Are we having fun yet?OpEdNews, PA - 2 hours agoThe home mortgage "bait and switch" continues, as the CEO of Countrywide Mortgages -- which lost 25% in stock value -- walks away with a $100 million ...
    2008-01-27 03:47:49

  • Is Fed leader or follower in the turmoil? - The Herald

    Is Fed leader or follower in the turmoil?The Herald, UK - 1 hour agoLast Tuesday's move indicates Fed rate-setters now see a risk of lower home and stock values feeding back into tighter credit conditions that threaten to ...
    2008-01-27 04:02:16

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