Mortgage and Financial News From 2008-9-21 Page 5
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Wall Street Leads the Socialist Revolution - OpEdNews.com
Sometimes being able to say, “I told you so.” doesn’t feel good at all. As long ago as three years ago I along with a few financial experts (namely e conomists Nouriel Roubini of New York University and Paul Krugman) were predicting this ...
2008-09-20 01:46:00 -
13 ways to live well on less - MSN MoneyCentral
Can you remember life before $100 sneakers and $5 coffee, when people actually lived on what they earned and still had a little something socked away for a rainy day? "People moan and groan about why they can't make do," says Michelle Singletary ...
2008-09-19 05:58:00 -
Q&A: How and why did Fannie and Freddie get into trouble? (USA Today)
Some questions and answers about Fannie Mae and Freddie Mac.
2008-09-17 10:54:58 -
A House Price Crash Is Unstoppable! (The Motley Fool)
House prices will continue to fall... and there's nothing anyone can do about it!
2008-09-18 09:07:42 -
GLOBAL FINANCIAL CRISIS (Aljazeera)
Al Jazeera has been asking people for their thoughts on the global economic crisis and to tell us how it is affecting them.
2008-09-19 09:16:34 -
How to survive economic blues (Perth Now)
SUDDENLY the "R" word is everywhere. Reserve Bank governor Glenn Stevens says Australia is unlikely to go into recession, but he says 100,000 jobs may be lost in the coming year.
2008-09-20 02:00:00 -
Reich says Wall Street solution must include more transparency (Contra Costa Times)
Former Clinton labor secretary chats with Barbara Lee
2008-09-20 08:51:10 -
The mortgages of the future - International Herald Tribune
In this time of economic crisis, help for troubled homeowners often arrives late, when it arrives at all. All too frequently, American families are going into default on their mortgages, facing foreclosures and evictions that may have traumatic ...
2008-09-20 11:55:00 -
Dodd misplaces financial blame - Stamford Advocate
The Democrat Chris Dodd is the longest serving senator in Connecticut history, having spent more than 27 years in the Senate, preceded by six years in the House. He has been a member of the Senate Banking Committee for 26 years, and chairman of that ...
2008-09-20 11:40:00 -
Arizona mortgage failures fuel crisis - Arizona Daily Star
1. A borrower takes out a loan from a lender to buy a home or to refinance. The borrower makes payments to the lender or a servicing company, which may buy the rights to receive payments. 2. The lender pools the loan with other loans and sells them ...
2008-09-21 12:02:00 -
Surviving the mortgage crunch - Chicago Tribune
By now, many economists had projected that the "credit crunch" would have eased. But prospective home buyers—including those with stable jobs and decent credit—still confront unusually high hurdles to gain approval on their home-loan applications ...
2008-09-18 11:50:00 -
YOUR MONEY: May be time to take dividends in cash - Newsday
Owners of dividend-paying stocks have two choices: take the quarterly payout as cash or reinvest it in more shares of the company. To make reinvesting easier, companies offer dividend reinvestment plans, or DRIPs, that automatically use the dividend ...
2008-09-20 11:55:00 -
Lender can't yank your equity line of credit without good reason - Los Angeles Times
WASHINGTON -- Some of the millions of homeowners who have seen their home-equity lines of credit, or HELOCs, sharply curtailed or even halted may have a legitimate gripe with their lenders. Although banks certainly have the right to reduce, suspend ...
2008-09-20 11:55:00 -
Arizona mortgage failures fuel crisis (Arizona Daily Star)
The financial risks taken by Arizona home buyers and lenders in the housing run-up came home to roost in last week's financial crisis.
2008-09-21 12:13:20 -
Homes for police help in fight against Mexican corruption (Arizona Daily Star)
MORELIA, Mexico — Mexican police are testing a new weapon against widespread corruption in their ranks: homeownership.
2008-09-21 12:17:02