Mortgage and Financial News From 2008-2-1 Page 8

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  • PEOPLE PROFILE: Gregory Blanding's book aims to free people from debt - Lockport Union-Sun & Journal

    PEOPLE PROFILE: Gregory Blanding's book aims to free people from debtLockport Union-Sun & Journal, NY - 19 minutes agoInstead, he’s tried getting businesses — auto dealerships, mortgage companies and even the City of Lockport — to buy copies at $34.95 a piece to give to ...
    2008-02-01 08:33:36

  • ALL BUSINESS: Lending windows still open (El Paso Times)

    NEW YORK—If recessions could have a sound, it would be the slam! of lending windows shutting at banks. No wonder: when businesses and consumers have trouble borrowing money, economic growth may grind to a halt.
    2008-02-01 08:08:23

  • ALL BUSINESS: More misfortune for banks (El Paso Times)

    NEW YORK—Contrarian investors who think now is the time to start buying beaten-down banking stocks could be in for a shock if they don't carefully review those companies' distressed home-equity loan portfolios.
    2008-02-01 08:09:39

  • US employment falls for the first time in more than 4 years (The Star)

    WASHINGTON (AP): U.S. employers cut jobs last month for the first time in more than four years, the starkest signal yet that the economy is grinding to a halt if it hasn't already toppled into recession.
    2008-02-01 08:26:43

  • Merger news gives stock prices another boost (The Kansas City Star)

    Wall Street capped a week of huge gains with a sizable advance Friday after investors set aside some anxiety over news that the economy lost jobs last month and focused on Microsoft Corp.’s bid for Internet company Yahoo Inc.
    2008-02-01 08:31:03

  • Home Refinancing (WCTV Tallahassee)

    It's no secret that the economy is suffering and now the government has stepped in to help those with an adjustable mortgage. And it appears to be working as mortgage rates take a tumble and the rush to refinance is on.
    2008-02-01 08:32:21

  • Experts: Recession on horizon for Arizona (The Arizona Republic)

    More economists now believe Arizona is already in a recession - or will be by the end of the year - because growth in consumer spending is anemic and fewer jobs are being created
    2008-02-01 08:38:02

  • Bond reduced to $1 million for ex-chief of mortgage company

    Akron Beacon Journal - Willan, the principal figure in a 147-count indictment alleging widespread Akron-area mortgage fraud, is charged with multiple first-degree felonies that potentially could mean incarceration for 54 to 319 years, Teodosio noted. Summit County ...
    2008-02-01 07:42:00

  • Halifax mortgage data stolen

    Silicon.com - The remainder included name, mortgage account number and approval status. According to a spokesman for Halifax: "It would be almost impossible for any fraud to be committed with the information on the printout." However, the bank, part of the HBOS ...
    2008-02-01 01:04:00

  • Some Gunnison's prairie dogs qualify for endangered status

    Seattle Post Intelligencer - Last updated February 1, 2008 11:10 a.m. PT Some Gunnison's prairie dogs qualify for endangered status THE ASSOCIATED ... missing hot-air balloonist off Aleutians · Nations work to refine road map for facing climate change · FBI director: mortgage fraud ...
    2008-02-01 11:02:00

  • Bush Sees 'Troubling Signs' for Economy

    Newsday - KANSAS CITY, Mo. - President Bush prodded Congress to pass an economic stimulus package Friday, pointing to "troubling signs" in a new report that ended a 52-month streak of national job growth. Bush was in the nation's heartland pressuring Congress ...
    2008-02-01 03:34:00

  • Exxon, Chevron Post Record Profits

    Baltimore Sun - HOUSTON - Suppose Exxon Mobil decided to return the favor and buy you a tank of gas. Then again, why stop there? The oil giant turned a profit last year fat enough to buy a fill-up for every car, truck and SUV in America -- four times. Beating its ...
    2008-02-01 03:34:00

  • Employment Drops in a Pink Slip Blizzard

    Baltimore Sun - Factories, construction companies, mortgage brokers and real-estate firms were among those eliminating jobs -- casualties of the housing bust and credit crunch. The government cut jobs for the first time since last July. All those cuts swamped job ...
    2008-02-01 03:34:00

  • Biologists say sage grouse need more help

    Seattle Post Intelligencer - Last updated February 1, 2008 1:09 p.m. PT Biologists say sage grouse need more help THE ASSOCIATED PRESS CASPER, Wyo ... Hawaii Supreme Court stops land sales · Nations work to refine road map for facing climate change · FBI director: mortgage fraud is ...
    2008-02-01 01:04:00

  • Merrill Hit With Fraud Charges

    Forbes - Earlier this week, the Federal Bureau of Investigation disclosed it had opened criminal fraud probes into 14 companies over their mortgage securitization activities, which is everything from originating loans to buying them, packaging them and ...
    2008-02-01 12:49:00

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