Mortgage and Financial News From 2008-6-26 Page 17
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Fed leaves interest rates unchanged (Austin American-Statesman)
Caught between inflationary pressures and a weakening economy, the Federal Reserve's policy-
2008-06-25 10:39:52 -
HUD OKs Coast housing plan (The Clarion-Ledger)
The federal government has approved Mississippi's $350 million plan to produce thousands of housing units on the hurricane-ravaged Gulf Coast.
2008-06-25 11:14:34 -
Inflation threat worries Fed, but it keeps rates flat / Decision halts string of cuts, may portend costlier interest (San Francisco Chronicle)
Caught between inflationary pressures and a weakening economy, the Federal Reserve's policymakers voted Wednesday to deal primarily with the weakening economy by keeping interest rates at their present level. The decision to hold at 2 percent the key short-...
2008-06-26 12:41:10 -
ACORN: O'S UGLY ALLY (New York Post)
IF you don't know what ACORN (the Association of Community Organizations for Reform Now) is all about, better bone up. This left-wing group takes in 40 percent of its revenues from American taxpayers - you and me - and has leveraged nearly four...
2008-06-26 12:46:44 -
Home Fair designed to aid local families (The Scranton Times-Tribune)
Organizers spent Wednesday putting the finishing touches on what they hope will be a well-attended and successful Home Fair today at the Radisson at Lackawanna Station Hotel.
2008-06-26 01:05:01 -
NeighborsNeighbors (Worcester Telegram & Gazette)
LEICESTER - Cell Phones for Soldiers and the Leicester Lions Club are collecting unwanted used cell phones.
2008-06-26 01:50:01 -
10 Tips: Facing foreclosure? Some things to consider - MSNBC
There’s almost nothing more stressful – and more soul-crushing – than the specter of losing your home because you can no longer keep up with your mortgage payments. Thousands of homeowners across the United States are living with this fear, and ...
2008-06-24 03:59:00 -
Many Newly Homeless Live In Vehicles - The Ledger
DARLENE KNOLL has lived with her five dogs in a 1978 RV, parking wherever she can, since losing her home. Related Links: Ex-Bear Stearns Managers Arrested On Securities Fraud Foreclosure Filings Up Nearly 50% From May 2007 30-Year Mortgage Rates Up ...
2008-06-24 05:01:00 -
How the Bear Stearns Fraud Case Unfolded - NPR News
Morning Edition , June 26, 2008 · The FBI showed up on the doorstep of Bear Stearns executive Matthew Tannin on a Friday night early last fall. Agents wanted to talk to him about possibly providing some evidence against his boss at Bear Stearns ...
2008-06-25 07:26:00 -
Investors vote on HBOS cash plan (Channel 4)
Shareholders in Halifax Bank of Scotland are voting on plans for a £4 billion cash injection. The high street giant, which is Britain's biggest mortgage lender, is asking investors for the mammoth sum to help bolster its balance sheet.
2008-06-25 09:56:37 -
Not Too Early for Lenders to Regroup and Think Ahead (BankTech)
As banks deal with the fallout from the credit crisis, they also are looking to the future, eyeing technologies and strategies that will position them to succeed when lending picks up again.
2008-06-25 10:07:46 -
Not Too Early for Lenders to Regroup and Think Ahead Banks are beginning to demand a variety of new solutions that ... (Finance Technology Network)
As the subprime lending crisis put an abrupt stop to the lending boom, banks were reminded that all good things come to an end. For industry veterans, however, ups and downs in the lending arena (though perhaps not to the recent extremes) are nothing new.
2008-06-25 10:13:36 -
Miss. mortgage bust unlikely (The Clarion-Ledger)
Mississippi likely will dodge a mortgage bust because it did not benefit from the housing boom of places such as Florida and California, Federal Reserve Bank representatives said.
2008-06-25 11:12:14 -
Who will Belgium’s InBev acquire? (New York Times)
Today, it might be SABMiller instead of Anheuser-Busch . If it sounds like a reality TV dating show instead of a business deal, it will likely never happen.
2008-06-25 11:56:44 -
Lehman Brothers (New York Times)
The investment bank announced four new executive postings Tuesday, as it continues to try to convince the markets that things are looking up.
2008-06-26 12:00:41