Mortgage and Financial News From 2008-1-3 Page 38

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• Mixed portents for Wall Street’s rescuers - Financial Times

  Mixed portents for Wall Street’s rescuersFinancial Times, UK - 57 minutes agoBut such is the precarious state of Wall Street following this summer’s subprime mortgage debacle that the financial elite have few other ways to restore ...
  2008-01-03 10:20:08

• The Best Way To Find Low Cost Insurance Is Online - Best Syndication

  The Best Way To Find Low Cost Insurance Is OnlineBest Syndication, CA - 55 minutes agoFor example if you want home contents insurance you will have to carefully work out how much cover you wish to take as the repayments for the cover will ...
  2008-01-03 10:22:11

• Secondary market for alt-A loans shrinks in Q3 - Inman.com (subscription)

  Secondary market for alt-A loans shrinks in Q3Inman.com (subscription), CA - 51 minutes agoThat means the average borrower with a second mortgage was required to have more equity in their home -- 8.4 percent -- compared with 5.3 percent at the end ...
  2008-01-03 10:26:58

• UK banks plan to go slow on lending - Economic Times

  UK banks plan to go slow on lendingEconomic Times, India - 44 minutes ago... pushing up mortgage prices and making residential property less affordable. Consumers have taken on £1.4 trillion of debt through home loans and ...
  2008-01-03 10:33:43

• Get out of credit card debt - CNNMoney.com

  Get out of credit card debtCNNMoney.com - 41 minutes agoAnd although more and more people are doing this, you shouldn't put your mortgage payments on your credit card. This will just compound the trouble that ...
  2008-01-03 10:36:24

• OFC Debate Unlikely to Abate in 2008 - Insurance Networking News

  OFC Debate Unlikely to Abate in 2008Insurance Networking News, NY - 35 minutes ago... that the federal government has not done a very good job recently of handling the problems of pensions, savings and loans, and the home mortgage system. ...
  2008-01-03 10:42:32

• Four Week Mortgage Rate Lows - HULIQ

  Four Week Mortgage Rate LowsHULIQ, NC - 32 minutes agoGood news for the mortgage economy at the beginning of 2008. With mortgage rates on a downward slide and the existing home sales on their way up, ...
  2008-01-03 10:45:37

• Many Consumers Paid Late in 2007 - My TV20 Detroit

  Many Consumers Paid Late in 2007My TV20 Detroit, MI - 31 minutes agoWhen asked about their greatest financial concerns in 2008, 40 percent pick their salary level or job prospects and 41 percent name making non-mortgage ...
  2008-01-03 10:46:06

• Wealthy businessman burns £12000 of his wife's clothes and shoes ... - Daily Mail

  Wealthy businessman burns £12000 of his wife's clothes and shoes ...Daily Mail, UK - 31 minutes agoThe couple were facing court action the next day to evict them from their £750000 luxury home because of mortgage arrears of £16500. ...
  2008-01-03 10:46:30

• San Francisco 8: Who Are The Real Criminals? - Infoshop News

  San Francisco 8: Who Are The Real Criminals?Infoshop News - 23 minutes agoEven with a home mortgage crisis adding to the critical need for affordable housing, you won’t hear them address homelessness or commit to solving the ...
  2008-01-03 10:54:40

• How to avoid mortgage misery in 2008 - Telegraph.co.uk

  How to avoid mortgage misery in 2008Telegraph.co.uk, United Kingdom - 21 minutes agoUse any spare cash to reduce your mortgage balance and maximise the amount of equity in your property. * Don't be tempted to use your home as a piggy bank ...
  2008-01-03 10:56:18

• Banks face struggle in mortgage-backed LBO debt - Guardian Unlimited

  Banks face struggle in mortgage-backed LBO debtGuardian Unlimited, UK - 19 minutes agoBy Jonathan Keehner and Al Yoon NEW YORK, Jan 3 (Reuters) - Banks may struggle this quarter placing a planned $20 billion in commercial mortgage-backed ...
  2008-01-03 10:58:13

• Borrowers: Victims or Accomplices? - OpEdNews

  Borrowers: Victims or Accomplices?OpEdNews, PA - 15 minutes agoThen there are the mortgage lenders from hell. Thanks to the Capitol Ones of the world, all those cash-strapped Americans were still able to load up on ...
  2008-01-03 11:02:12

• Iowa & New Hampshire Foreclosure Rate, Economics & the Vote - Entrepreneur

  Iowa & New Hampshire Foreclosure Rate, Economics & the VoteEntrepreneur - 12 minutes agoThe subprime mortgage issue may not really hit home with Iowa voters, as it isn’t really a problem in their state. What about New Hampshire? ...
  2008-01-03 11:05:26

• Why Next Year’s Subprime Mess May Not Be as Bad as We Think - Entrepreneur

  Why Next Year’s Subprime Mess May Not Be as Bad as We ThinkEntrepreneur - 12 minutes agoThere is a good chance those 55 percent of people can afford their mortgage. So the crisis next year may not be as bad as we think. ...
  2008-01-03 11:05:28

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