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News about Mortgages:
Ohio wins court settlement against mortgage lender - Zanesville Times RecorderCOLUMBUS (AP) - A bankrupt subprime lender accused of shoddy practices has been barred from accepting mortgage applications in Ohio, state Attorney General Nancy Rogers announced Wednesday. The agreement with New Century Financial Corp. of Irvine ...
Recap of Saturday, November 29 - FOX NewsThis past week’s Bulls & Bears: Gary B. Smith, Exemplar Capital managing partner; Pat Dorsey, Morningstar.com director of stock research; Eric Bolling, FOX Business Network; Tobin Smith, ChangeWave Research editor; Patricia Powell, Powell Financial ...
Government bailout hits $8.5 trillion - San Francisco GateWednesday, November 26, 2008 That sum represents almost 60 percent of the nation's estimated gross domestic product. Given the unprecedented size and complexity of these programs and the fact that many have never been tried before, it's impossible to ...
Global Markets in Review: Winning Streak for Equity Bulls - Seekingalpha.comThe holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...
Savings Habits Shift Amid Economic Concerns - Morning NewsConsumers face the choice more often since home values are not rising and stock equities have plunged. “Some people let their homes and stock portfolios do the saving for them in recent years, and now the only means to savings is coming from ...
Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe HavenThe holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...
Europe marts fall, Asia mixed - Business Times MalaysiaEUROPEAN stocks fell for the first time in three days and US futures declined as a retreat in oil pushed energy producers lower and investors speculated the recession is deepening. Europe’s Dow Jones Stoxx 600 Index lost 0.2 per cent to 198.30 as ...
Economic Report Card Worse Than Expected - CBS News(CBS/AP) The U.S. economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years, further proof the country is almost certainly in the throes of a painful recession ...
Just the Facts - Safe HavenFor the week, the S&P500 jumped 10.7% (down 39% y-t-d), and the Dow increased 8.9% (down 33.4%). The broader market rallied sharply. The small cap Russell 2000 surged 14.1% (down 38.2%), and the S&P400 Mid-Caps jumped 14.2% (down 40%). The Morgan ...
Better Than the Depression? Don't Kid Yourselves - Seekingalpha.comI previously wrote about how we got into this mess here . A number of articles have since sprung up, comparing 1929 and the 1930s to now, and arguing that we shouldn't be that worried. Things will be tough, they say, but they won't be depression ...
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