Mortgage and Financial News From 2008-5-22 Page 10
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A message straight from the top (Guardian Unlimited)
Countrywide Financial's boss Angelo Mozilo had a senior moment last week after one of his customers appealed to him about problems repaying a sub-prime mortgage
2008-05-22 03:26:32 -
Lake Shore Bank's hires aimed toward Erie County expansion (The Buffalo News)
DUNKIRK -- Lake Shore Bancorp is making a renewed push into commercial lending in Erie County, touting the hiring of a veteran small business lender and the appointment of First Niagara Financial Group's former CEO to its board.
2008-05-22 03:43:04 -
'Keep your money,' Baltimore legislators tell state board (Baltimore Examiner)
"Keep your money" was what Baltimore County lawmakers told the state Board of Public Works on Wednesday, rejecting $3.9 million for an addition to Loch Raven High School.
2008-05-22 05:06:31 -
Stocks: The Great Rebate Race (BusinessWeek Online via Yahoo! News)
The U.S. government is so eager to jump-start the economy with its stimulus package that the Treasury Dept. is even mailing rebate checks to the recently deceased. George Paquin, a financial planner in Chelmsford, Mass., is certain that one former client, who died last year, would have deposited the check in his bank account. But his daughter and executor will probably spend it on furnishings ...
2008-05-22 05:08:42 -
Buying in (Bankrate.com)
It's a buyers market but should you -- could you -- jump in or wait a little longer? Is now the time to buy? Falling real estate prices may have you thinking it's a great time to apply the Golden Rule of wealth creation -- buy low, sell high.
2008-05-22 03:56:27 -
Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)
Dear Dr. Don, I have read some information about recasting my home mortgage loan. Here is my situation. I have 15-year fixed-rate loan for $540,000 at 6.125 percent. I want to pay it off as fast as I can.
2008-05-22 03:56:58 -
Opening Bell: Happy Summer Driving! (Columbia Journalism Review)
Oil inventories down, prices up; air travel to get much worse; time to pull Pfizer’s antismoking drug?; etc.
2008-05-22 05:10:19 -
Gimme Shelter (West Side Leader)
The soft national housing market and chaotic mortgage environment has sent lenders and investors back to the drawing board in an effort to sharpen their pencils and produce an alternative to corral new business.
2008-05-22 05:17:38 -
FOX19 Poll (FOX 19 Cincinnati)
Will the rising cost of food affect your Memorial Day cookout plans? Thank you for participating in our poll. Here are the results so far.
2008-05-22 05:18:35 -
Foreclosure scams prey on yearning for 'quick fix' (Visalia Times-Delta / Tulare Advance-Register)
The phone rings. The person on the line has an offer a stressed-out homeowner can't refuse.
2008-05-22 04:09:53 -
Woman Loses Home Over $68 Dental Bill (ABC News)
A woman is 'dumbfounded' after learning her home was sold without her knowledge.
2008-05-22 05:23:39 -
B-CS financial institutions struggle with overdue loans (The Bryan-College Station Eagle)
Past Due Ivan Olson is the market director of First National Bank. Local banks and credit unions have seen a huge jump in past-due and no ...
2008-05-22 04:50:41 -
St. Louis group wins $1 million animal shelter makeover (Jefferson City News Tribune)
ST. LOUIS (AP) - Stray Rescue founder Randy Grim can claim a lot of achievements in the 10 years he started changing the pet landscape here with a devoted band of volunteers.
2008-05-22 05:24:25 -
Abode Well (Metro Weekly)
Once upon a time, the princes and princesses of metro D.C. lived in a fairytale land of easy money and easy profits, flipping a Logan condo here for a Columbia Heights row house there, all the while buying upward and leaving a trail of granite countertops and new bamboo flooring in their wake.
2008-05-22 04:52:00 -
Rates on Longer-Term CDs Rise (TheStreet.com)
Interest rates on other investment products seem largely to be headed lower.
2008-05-21 09:33:29