Mortgage and Financial News From 2008-1-24 Page 21

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  • Société Générale: A history

    Daily Telegraph - A turning point for banking regulations came in 1966 and 1967 - with the creation of the home mortgage market - altering the distinction between deposit and investment banking. Meanwhile, Soc Gen turned its attention to some new financing techniques ...
    2008-01-24 06:11:00

  • U.S. existing home sales fell 2.2 pct in December

    Reuters - Home prices are lower, mortgage interest rates continue to decline and incomes are higher, but many potential buyers are delaying a purchase," Yun said. Economists polled by Reuters were expecting home resales to slip to a 4.95 million unit pace after ...
    2008-01-24 08:48:00

  • 'GSA Continues Litigation Over Chase Home Mortgage Practices'

    Forbes - The law firm of Giskan, Solotaroff & Anderson, LLP continues to pursue litigation concerning the possible illegal conduct of JPMorgan Chase & Co. and JPMorgan Chase Bank ("Chase") involving home mortgages. Consumers who obtained a home mortgage ...
    2008-01-24 07:01:00

  • Surviving a Slowdown: What You Can Do Now - TIME

    Surviving a Slowdown: What You Can Do NowTIME - 58 minutes agoThat's especially true in light of interest-rate cuts; the average 30-year mortgage now goes for 5.57%, according to Bankrate.com near historic lows. ...
    2008-01-24 05:11:33

  • Home Mortgage Mayhem Seeps Into Office Sector - CNNMoney.com

    Home Mortgage Mayhem Seeps Into Office SectorCNNMoney.com - 58 minutes agoThe home-mortgage fallout has hit California's Orange County the hardest. Office vacancy climbed to 10.7% in the fourth quarter of 2007, a year-over-year ...
    2008-01-24 05:11:35

  • Here Comes the Tax Rebate Check! President Bush is Opening Up the ... - Associated Content

    Here Comes the Tax Rebate Check! President Bush is Opening Up the ...Associated Content, CO - 58 minutes agoHow is $600 going to help pay a $2000 mortgage? If we can address the housing crisis, this would free up a lot more money this year and years to come.
    2008-01-24 05:11:42

  • Chicago area home sales plummet as economy weakens - Medill Reports

    Chicago area home sales plummet as economy weakensMedill Reports, IL - 57 minutes agoWestern suburbs for Chicago-based realtor Baird and Warner, said local home buyers are willing, but mortgage lenders are not. Grayson, a 14-year real estate ...
    2008-01-24 05:13:18

  • ACORN Protests Ocwen Financial - WLBT-TV

    ACORN Protests Ocwen FinancialWLBT-TV, MS - 54 minutes ago"The owners are attempting to contact their mortgage lender with no avail." The small group protested outside Veterans Affairs regional offices in Jackson. ...
    2008-01-24 05:16:03

  • Business Highlights - BusinessWeek

    Business HighlightsBusinessWeek - 38 minutes agoIn an illustration of how the mortgage industry crisis has spread to other types of companies, the New York-based brokerage in November said it sold a $3 ...
    2008-01-24 05:32:14

  • Biz Break: A Jumbo-sized stimulus for Bay Area real estate - San Jose Mercury News

    Biz Break: A Jumbo-sized stimulus for Bay Area real estateSan Jose Mercury News,  USA - 36 minutes ago... will include tax refunds ranging from $600 to $1200 and massive relief for Bay Area residents looking to buy a home or refinance an existing mortgage. ...
    2008-01-24 05:33:43

  • Fed rate cut awakens homeowners to the possibility of refinancing ... - WYMT

    Fed rate cut awakens homeowners to the possibility of refinancing ...WYMT, KY - 36 minutes ago... developments have also been pushing mortgage rates lower. And that seems to have set off a light bulb for many homeowners regarding their home loans. ...
    2008-01-24 05:34:02

  • S. Florida home prices on downward spiral - MiamiHerald.com

    S. Florida home prices on downward spiralMiamiHerald.com, FL - 28 minutes agoThe new numbers come amid debate over whether Tuesday's cut to the federal funds rate from 4.25 percent to 3.5 percent will bring down mortgage rates enough ...
    2008-01-24 05:42:03

  • Valley Commerce Bancorp Reports 2007 Results - PR Newswire (press release)

    Valley Commerce Bancorp Reports 2007 ResultsPR Newswire (press release), NY - 21 minutes ago... account relationships and Federal Home Loan Bank dividend income. These increases were partially offset by a decrease in mortgage loan brokerage fees. ...
    2008-01-24 05:48:29

  • BBA finds mortgage approvals hit a record low - Telegraph.co.uk

    BBA finds mortgage approvals hit a record lowTelegraph.co.uk, United Kingdom - 18 minutes agoThe number of mortgages approved for people buying a home fell to a record low during December, new figures show. The major banks approved 42088 new loans ...
    2008-01-24 05:51:35

  • Text of Gov. Patrick's State of the State speech - Boston Globe

    Text of Gov. Patrick's State of the State speechBoston Globe, United States - 18 minutes agoToo many young families and seniors are still being pushed out of their homes by escalating property taxes, or by extreme adjustments in mortgage rates. ...
    2008-01-24 05:51:46

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