Mortgage and Financial News From 2008-1-18 Page 13

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  • Hospital back to bond commission - Bastrop Daily Enterprise

    Hospital back to bond commissionBastrop Daily Enterprise, LA - 2 hours agoA portion of that money would have also gone to refinance existing debt. In October, voters approved a five-mill, five year property tax assessment to ...
    2008-01-18 04:10:30

  • Woman gets $3.5M judgment in mortgage scam - Newsday

    Woman gets $3.5M judgment in mortgage scamNewsday, NY - 1 hour ago... was so predatory that it even sent a town car to Nano's home to bring her to what she believed was a closing of a refinance of her home. ...
    2008-01-18 05:50:31

  • Symantec's APM Leaves Quietly (Byte and Switch)

    When Veritas bought Precise Software Solutions for $609 million ($400 million of that in cash) in June 2003, execs felt the addition of the Israeli firm's application performance management (APM) software would speed up data access for Veritas's storage tools.
    2008-01-18 02:03:30

  • President Calls for $145 Billion Stimulus (Builder Online)

    President Bush called for a $145 billion economic stimulus program today that the administration hopes can be a short-term solution that will offer relief to average Americans this year and quickly prime an economy that has been on the skids for several months.
    2008-01-18 02:14:28

  • Propex Files for Chapter 11 (AP via Yahoo! Finance)

    Propex Inc., the world's biggest maker of carpet backing, filed for bankruptcy Friday, becoming the latest casualty of the slump in the U.S. housing market and the global credit crunch.
    2008-01-18 02:51:06

  • Fact Sheet: Taking Action to Keep Our Economy Healthy (White House News)

    Today, President Bush asked Congress to work with him to enact an economic growth package as soon as possible to keep our economy growing and creating jobs. By passing an effective growth package quickly, we can provide a shot in the arm to keep our fundamentally strong economy healthy and help keep instability in the housing and financial markets from more adversely affecting the overall ...
    2008-01-18 04:05:04

  • Hospital back to bond commission (Bastrop Daily Enterprise)

    Officials at Morehouse General Hospital are ready to ask the $13 million question. They'll query the Louisiana Bond Commission next week, seeking approval to issue bonds to finance construction projects at the hospital and refinance $6 million in debts.
    2008-01-18 04:07:41

  • Woman gets $3.5M judgment in mortgage scam (Newsday)

    A Great Neck woman victimized in a mortgage fraud in which she unknowingly gave away her house has won a $3.5-million judgment against the mortgage broker who scammed her, court documents show.
    2008-01-18 05:55:45

  • HOPE NOW Alliance assists 370,000 US homeowners in second half of 2007

    Forbes - The report also found that in the fourth quarter, mortgage servicers were ... coming months, as servicers implement the streamlined modification and refinance ... The content on this site, including news, quotes, data and other information, is ...
    2008-01-18 07:58:00

  • Fitch Withdraws iStar Asset Services Inc.'s CMBS Master & Primary ...

    Forbes - Fitch rates commercial mortgage primary, master, and special servicers on a scale of 1 to 5, with 1 being the highest rating. Within each of these rating levels, Fitch further differentiates ratings by plus (+) and minus (-) as well as the flat rating
    2008-01-18 11:47:00

  • Bankrate.com: Mortgage rates reach a low seen in 2005

    Jackson Sun - The nationally averaged 30-year, fixed-rate mortgages have reached a 30-month low, according to bankrate.com. The nationally averaged rate stood at 5.43 percent on Thursday, while the nationally averaged 15-year, fixed rate mortgage was at 4.93 ...
    2008-01-18 05:57:00

  • L.A. City Council President Eric Garcetti and Operation HOPE Deliver ...

    Market Wire - Mortgage industry analysts estimate that as many as 1.5 million Americans are at risk of foreclosure as low introductory mortgage rates expire and payments increase. According to the Federal Reserve, approximately 320,000 foreclosures nationwide ...
    2008-01-18 03:36:00

  • RBA to consider impact of mortgage hikes

    West Online - The Reserve Bank of Australia will consider the effect of recent mortgage rate hikes by the major banks before deciding on moving official rates next month, governor Glenn Stevens says. The RBA last raised official rates in November by 25 basis ...
    2008-01-18 10:50:00

  • Glass half full, real estate industry telling Atlantans

    Atlanta Journal Constitution - They pointed out that mortgage rates are low — 5.87% for a 30-year, fixed-rate loan — and likely to fall even lower, home prices are negotiable and purchase incentives such as upgrades and discounts are widespread. "It's a great time to buy," said ...
    2008-01-18 02:10:00

  • Climate may be changing, but those good ol’ boys still love their F ...

    Times Online - Mortgage rates rose 17 times between June 2004 and August 2006. Moreover, food prices have soared. The cost of a gallon of milk has doubled in a year. Sales of the pickup truck closely track the residential property market. Not only are they ...
    2008-01-18 04:26:00

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