Mortgage and Financial News From 2008-2-1 Page 21

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• Oil Prices Lose More Than $2 a Barrel

  Baltimore Sun - In another report Friday, the Commerce Department said construction spending decreased by a record 2.6 percent last year, mostly reflecting record cutbacks in home-building projects by private companies. Even expansion in the nation's manufacturing ...
  2008-02-01 03:41:00

• Mortgage executive sees plight persisting

  Des Moines Register - The mortgage mess will probably last for at least the next 18 months, a Wells Fargo Home Mortgage executive told a group of business and community leaders Thursday. "Even with the lower interest rates, we have to work through the home value price ...
  2008-02-01 12:28:00

• Standard Pacific Corp. Announces Annual Shareholder Meeting Date

  Forbes - The Company provides mortgage financing and title services to its homebuyers through its subsidiaries and joint ventures, Standard Pacific Mortgage, Inc., SPH Home Mortgage, Universal Land Title of South Florida and SPH Title. For more information ...
  2008-02-01 02:58:00

• Judge won't let homeowners buy loans

  BusinessWeek - A Maryland homeowner lost her bid Friday to force American Home Mortgage Investment Corp. to let homeowners pay off their mortgages at the bargain-basement prices at which they're sold to institutional investors at bankruptcy auctions. Judge ...
  2008-02-01 02:51:00

• For the budding import/export entrepreneur - Times Online

  For the budding import/export entrepreneurTimes Online, UK - 1 hour agoI suggest indigent American sub-prime mortgage-holders should eat their pets, and not a peep. Do you really care more about golf than dogs? ...
  2008-02-01 03:32:22

• DODD TO EXAMINE REFORMS TO FANNIE MAE, FREDDIE MAC, FEDERAL HOME ... - Trading Markets (press release)

  DODD TO EXAMINE REFORMS TO FANNIE MAE, FREDDIE MAC, FEDERAL HOME ...Trading Markets (press release), CA - 59 minutes ago... Federal National Mortgage Association (Fannie Mae) Mr. Richard F. Syron, Chairman and Chief Executive Officer, Federal Home Loan Mortgage Corporation ...
  2008-02-01 03:42:42

• HOPE Communities starts construction on 10 homes - Rocky Mountain News

  HOPE Communities starts construction on 10 homesRocky Mountain News, CO - 45 minutes agoBut Denver is also leading the country in the number of working households who are severely cost-burdened by their rent or mortgage. ...
  2008-02-01 03:56:53

• The return of negative equity: Thousands at risk of owing more on ... - This is London

  The return of negative equity: Thousands at risk of owing more on ...This is London, UK - 42 minutes agoIt found that in some parts of Britain, the average mortgage debt is more than 90 per cent of local property prices. This leaves owners vulnerable to ...
  2008-02-01 03:59:58

• MicroStrategy Announces Record Revenues of $351 Million in 2007 - CNNMoney.com

  MicroStrategy Announces Record Revenues of $351 Million in 2007CNNMoney.com - 40 minutes ago... TVA Group; Unified Western Grocers; UNISYS Corporation; Universal Studios Hollywood; VHA Inc.; Wells Fargo Bank, NA; Wells Fargo Home Mortgage; ...
  2008-02-01 04:01:39

• RAV-ravaged Cambie merchants fight back - Common Ground.ca

  RAV-ravaged Cambie merchants fight backCommon Ground.ca, Canada - 39 minutes agoHeyes says she’s lost $500000 in business since the project began and has had to mortgage her home twice in two years. She cannot afford to lose this fight, ...
  2008-02-01 04:03:03

• Paperless finances a reality, virtually - Times Online

  Paperless finances a reality, virtuallyTimes Online, UK - 36 minutes agoMichael Dodd, 46, is one of the first borrowers to take out a paperless mortgage with Yorkshire Building Society. Mr Dodd, a police officer, found the deal ...
  2008-02-01 04:06:03

• UK's decade of house price growth - Guardian Unlimited

  UK's decade of house price growthGuardian Unlimited, UK - 33 minutes agoThe UK's biggest mortgage lender said that a strong local economy, high levels of immigration and sustained demand for properties from second homebuyers and ...
  2008-02-01 04:08:18

• Employment drops in a pink slip blizzard - Belleville News Democrat

  Employment drops in a pink slip blizzardBelleville News Democrat,  USA - 32 minutes agoFactories, construction companies, mortgage brokers and real-estate firms were among those eliminating jobs - casualties of the housing bust and credit ...
  2008-02-01 04:09:22

• Endowed with a shortfall - Scotsman

  Endowed with a shortfallScotsman, United Kingdom - 32 minutes agoBut like millions of other home owners, I am facing a shortfall on my endowment mortgage and this cheeky proposition came from the company through which I ...
  2008-02-01 04:09:33

• How to gain control of your debt - Scotsman

  How to gain control of your debtScotsman, United Kingdom - 32 minutes agoSome loans can be secured against your home and you could end up losing it if you fail to make repayments. 5 CHECK YOUR INCOME There may be benefits or tax ...
  2008-02-01 04:09:42

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