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News about Mortgages:
Subprime mortgage 'rip-off' has legitimate roots - Seattle Post IntelligencerAt the height of the real estate boom, lenders paid mortgage brokers as much as $15,000 or more to steer borrowers into overpriced loans. Called yield-spread premiums, these kickbacks increase with the gap between what loan borrowers qualify for, and ...
Inside the real estate foreclosure market - Tacoma News TribunePierce County’s foreclosure rate is the highest in Washington. So far this year, more than 5,000 homeowners in the county have received letters notifying them that, because they’ve fallen behind in their mortgage payments, their house will be ...
"Hollywood Hookah" opens on Marshall Street - Syracuse Post-StandardJennifer Meyers / The Post-Standard Syracuse University student Joe Raymond smokes a cinnamon ice cream flavored hookah while at Hollywood Hookah tonight. With Raymond are J.P. Placella (center) and Jake Boyajian, both of Long Island. It's not every ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. There shouldn’t be. General Motors is reportedly asking for $10 billion in taxpayer money to grease a merger with Chrysler. That is on top of ...
GM-Chrysler Merger May Get Labor Savings, New Loans (Update3) - BloombergOct. 20 (Bloomberg) -- General Motors Corp. , the largest U.S. automaker, may be able to win new labor savings and bank loans as part of a merger with Chrysler LLC, a JPMorgan Chase & Co. analyst said. A GM-Chrysler tie-up would be a ``high-risk ...
Evidence of a recession grows higher - Opelika-Auburn NewsWASHINGTON (AP) - Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won’t buy stock in the financing arms of auto companies to prop ...
Farmers' new trouble at the ranch: tighter credit - International Herald TribuneThe worsening financial crisis is making it harder and more expensive for farmers and cattlemen to borrow money to pay for feed, land and salaries. While the credit squeeze on the agricultural sector is buffered somewhat by subsidies and other ...
Another good article on the what lead up to our financial crisis. - Auburn JournalDemocrats from Carter to Clinton helped roll back the government's regulatory power, but as the economic crisis deepens, "regulation" is no longer such a dirty word." James Ridgeway" March 28" /> , 2008" /> Speaking at Cooper Union in New York City ...
GM could be on road to Chrysler deal - Houston ChronicleGeneral Motors Corp., the largest U.S. automaker, may be able to win new labor savings and bank loans as part of a merger with Chrysler LLC, a JPMorgan Chase & Co. analyst said. A GM-Chrysler tie-up would be a “high-risk” deal, with the benefit ...
Economy takes top spot in campaign - Birmingham NewsA new color has invaded the political landscape of red and blue states in the run-up to this year's presidential election. Here in Alabama and across the country, many voters are thinking green. With Wall Street in a tailspin and Main Street not far ...
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