Mortgage and Financial News From 2008-9-8 Page 01
Previous Day: 2008-09-07
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
-
Henry Paulson strategy is no quick fix for UK - Times Online
The US Government's bailout of Fannie Mae and Freddie Mac will offer no quick fix for the ailing British mortgage market. American stock markets surged after the rescue of the giant mortgage companies, with the Dow Jones industrial average up 129 ...
2008-09-08 01:32:00 -
WaMu ousts CEO, put under regulatory oversight - Reuters
NEW YORK (Reuters) - Washington Mutual Inc, the largest U.S. savings and loan, ousted Kerry Killinger as chief executive and has been put under special regulatory supervision, following skyrocketing losses from mortgages that are expected to weigh on ...
2008-09-08 08:31:00 -
Relief as US bails out mortgage giants - MSN UK News
Economists are hoping the US government's decision to take over two huge mortgage firms will help bring an end to the credit crunch. Far East money markets are already surging after the rescue of Fannie Mae and Freddie Mac and the same story is ...
2008-09-07 10:44:00 -
Mortgage market need not be dismal - Reuters UK
LONDON (Citywire) - Research shows mortgages are not as difficult to obtain as the doom-mongers would have us believe and brokers remain a valued service. Much depends on repairing first-time buyers' confidence. Rising unemployment and inflation at 4 ...
2008-09-08 06:30:00 -
WaMu replaces CEO (Pittsburgh Post-Gazette)
Washington Mutual Inc., the biggest U.S. savings and loan, tumbled as much as 24 percent after ousting Chief Executive Officer Kerry Killinger and disclosing that regulators stepped up scrutiny of its operations. ...
2008-09-08 09:26:53 -
WEATHER FOR STROUDSBURG: (Pocono Record)
The federal takeover of two mortgage giants could spell relief for local homeowners — and may even improve the slumping Poconos real estate market, local experts say.
2008-09-08 09:37:43 -
A big housing sigh of relief (The Post and Courier)
Anyone in the market to buy or refinance a home had reason to cheer the government's takeover this weekend of mortgage behemoths Fannie Mae and Freddie Mac. The reason: The national average rate on a conventional 30-year fixed-rate mortgage fell from Sunday to Monday by almost a fifth of a percentage point to less than 6.08 percent, according to Bankrate.com. Some local lenders reported even ...
2008-09-08 09:43:32 -
UK Summary: FTSE Seen Unchanged As Bailout Euphoria Wanes (Nasdaq)
London stocks are expected to open unchanged Tuesday shrugging off the initial euphoria over the U.S. takeover of its two biggest mortgage firms, with Asian markets taking a battering overnight.
2008-09-08 10:29:40 -
Bailout won't cure all that ails housing (Chicago Tribune)
How mortgage rescue could affect you If you were sitting on the fence, waiting for a sign that this was the right time to buy a home, you might just want to get comfortable.
2008-09-08 10:30:07 -
Local Government election round-up (Weekly Times)
Voters go to the polls this Saturday — polling stations open from 8am to 6pm — to elect their new Local Government Councils for the next four years. Sixty-four candidates will be vying for 12 places on Ryde City Council when we hit the polls on Saturday.
2008-09-08 10:50:13 -
Mortgage industry welcomes federal fix (The Arizona Republic)
The government takeover of mortgage giants Fannie Mae and Freddie Mac instantly made it cheaper and easier to get a fixed-rate mortgage in Arizona and around the country.
2008-09-08 11:00:14 -
Area view: Mortgage move right (Times Leader)
What’s good for home buyers might end up having the opposite effect on mortgage broker Luke Matthews.
2008-09-08 11:01:46 -
Mortgage lender bail-out will help home buyers (The Sandusky Register)
SANDUSKY Homeowners can breathe a collective sigh of relief.
2008-09-08 11:06:39 -
Pending U.S. Home Resales Probably Fell in July as Rates Rose - Bloomberg
Sept. 9 (Bloomberg) -- Fewer Americans signed contracts in July to purchase previously owned homes, a sign that falling home prices aren't enough to bring buyers back into the market, economists said before a private report today. The index of ...
2008-09-08 09:10:00 -
Put rate cut savings back into mortgage - News.com.au
Email article Printer friendly Text size + - Share Add to Digg Add to del.icio.us Post to NewsVine Post to Facebook What are these? Recent rate cuts will save about $54 a month on a $300,000 mortgage Paying that $54 into mortgage will save thousands ...
2008-09-08 06:25:00