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News about Mortgages:
Forget the subprime mortgage mess — Collin Peterson in Europe trying ... - DL-OnlineU.S. Rep. Collin Peterson, D-Minn., left for Europe this weekend to discuss ways to regulate little-known and difficult-to-understand “credit default swaps.” “It has to be global,” Peterson said, so he and other House Agriculture Committee ...
How To Cope With The Flood Of Foreclosures? - ForbesDespite soaring foreclosure rates, President Bush and other Republicans have not made this a top priority, and Treasury Secretary Henry Paulson has refused to draw on the $700 billion rescue fund to help homeowners, saying that saving financial ...
Bank chief hints at more interest rate cuts - Times OnlineMervyn King, Governor of the Bank of England, said today that the lack of lending by banks to consumers and businesses was the most pressing issue facing the economy and hinted that interest rates would need to be cut further. Mr King told the cross ...
Deal dead; firm’s future precarious - Richmond Times-DispatchThere is no Thanksgiving for LandAmerica Financial Corp. this year. The corporate shell that was to have transferred the venerable Henrico County-based insurer to a Florida competitor was to be called Thanksgiving Corp. The Nov. 7 merger agreement ...
Brown’s ‘Churchill’ Moment Masks Failure of Regulator He Built - BloombergNov. 26 (Bloomberg) -- Gordon Brown isn’t known for making quick decisions. He agonized for months over whether to call early elections after becoming U.K. prime minister in June 2007, before deciding against it. When financial and commodity ...
Waco area officials sound off on latest economic bailout effort - Waco Tribune-HeraldA Baylor University economist said Tuesday that the proposed $800 billion stimulus package unveiled by the Federal Reserve and the Treasury Department hits the target in one area: consumer spending. The Fed said it would provide up to $200 billion to ...
Continuous news, views, and abuse by the Reason staff - Reason.comThe great, unlamented mascot of Pets.com and the tech bubble, Sock Puppet, comes to Congress with a paw out for taxpayer money and inadvertently suggests a way forward through the current moment that doesn't involve massive giveaways. Approximately ...
House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News BlogsABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...
Help! My lender won't pass on the base rate cut - Guardian UnlimitedQ A year ago I took out a discount mortgage with Kent Reliance building society, which was linked to their standard variable rate (SVR). I gambled that interest rates would reduce, but so far, despite this happening, the building society is yet to ...
The rate cut refuseniks - Guardian UnlimitedInterest rates may have been slashed to 3%, but thousands of people with mortgages linked to their lender's standard rate are still paying 7% or more, Guardian Money can reveal. Kent Reliance Building Society tops the standard variable rate "list of ...
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