Mortgage and Financial News From 2008-6-10 Page 01

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  • Mortgage Insider Provides New Question and Answer Dialog to Aid ... - PR.com

    Las Vegas, NV, June 10, 2008 --( PR.com )-- What if homeowners or home buyers could ask a mortgage insider anything they wanted regarding mortgage financing?
    2008-06-10 04:52:00
  • Residential Finance Corp. Bucks Mortgage Industry Trend, Growing ... - PR Inside

    - Residential Finance Corporation Jessica Manna, 614-255-4317 Chief Marketing Officer or Media Anthorne Group PR Grace Dunklee Cohen, 603-428-6640 gadc@tds.net Residential Finance Corporation (RFC), a nationwide mortgage lender, today announced its ...
    2008-06-10 06:15:00
  • Senator says former military leaders being considered for Obama's ... - Minneapolis Star Tribune

    by Paul Krugman: It has long been clear that the Bush administration's claim that it can simultaneously pursue war, large tax cuts and a … read more "compassionate" agenda doesn't add up. Now we have direct confirmation that the White House is ...
    2008-06-10 03:40:00
  • Debunking the "Wealth Effect" - Slate

    Last Thursday, the Federal Reserve reported that Americans' net wealth fell for a second consecutive quarter, a nerve-rattling drop after five years of growth. The fall in wealth stems largely from declining house prices and comes as the economy ...
    2008-06-10 11:44:00
  • RM advisers break through 1000 barrier - Financial Standard

    There are now more than 1000 reverse mortgage consultants (RMCs) accredited through the Senior Australian Equity Release Association of Lenders (SEQUAL) Australia-wide network of ‘trusted advisors’. The jump in the numbers of RMCs is in response ...
    2008-06-10 05:06:00
  • Thornburg Mortgage Asset Corp. Industry News - New Mexico Business Weekly

    Thornburg Mortgage Inc., facing a possible delisting by the New York Stock Exchange, will implement a reverse stock split. It also will request an extension of its escrow agreement relating to its previously announced preferred stock exchange. In the ...
    2008-06-10 02:07:00
  • Mother-daughter ring accused of massive student loan fraud scam (Seattle Post-Intelligencer)

    Agents with the U.S. Attorney's Working Group on ID Theft have smashed an alleged mother-daughter bank fraud ring that is accused of obtaining $690,000 in student loans using bogus applications.
    2008-06-10 05:55:47
  • Auction-Rate Yields Fall to Two-Year Low, Refinancings Slow 64% (Bloomberg.com)

    June 11 (Bloomberg) -- U.S. state and local governments exiting auction-rate bonds are slowing the pace of refinancings as yields on the debt fall to the lowest in at least two years.
    2008-06-10 09:49:41
  • Tough times ahead? (The Clarion-Ledger)

    It could be next year before there's a marked turnaround in the foreclosure-ridden housing market, experts told those attending the Mississippi Foreclosure Summit on Tuesday in Jackson.
    2008-06-10 11:25:57
  • Inland Community News briefs for Tuesday, June 10 (North County Times)

    North County Times Domino art class offered SAN MARCOS ---- Simply Ambrosia Boutique, 577 Rancho Santa Fe Road, will host a domino art class from 6:30-8:30 p.m. June 11. Learn how to stamp and colorize dominoes to make interesting jewelry and magnets. Cost of $15 includes supplies to make two domino pins or magnets. Reserve at (760) 593-0350.
    2008-06-10 09:36:12
  • Home Equity Income Trust Announces June Distributions (CNW Group via Yahoo! Finance)

    Home Equity Income Trust today announced a cash distribution of $0.09 per unit for the month of June 2008 . The distribution is payable to unitholders of record on June 30 and will be paid on July 15, 2008.
    2008-06-10 02:07:00
  • Biennial Property Law Conference in Auckland (Scoop.co.nz)

    Over 300 property lawyers will converge on Auckland for the New Zealand Law Society’s biennial Property Law Conference in Auckland on 16 and 17 June. The conference is organised by the society’s Continuing Legal Education Department, in partnership with the Property Law Section.
    2008-06-10 05:06:00
  • Plunging share prices: The 90% Club - The Independent

    Private members' clubs have sprung up all over London this year, from those backed by royalty – the Crystal Members Club – to yet another media hangout at Shoreditch House. But there's another club now being revived in the City, and while few ...
    2008-06-10 08:26:00
  • Obama and McCain hit old notes on the U.S. economy - International Herald Tribune

    For all the efforts of Senators John McCain and Barack Obama to portray themselves as willing to break with party orthodoxy to get things done, the economic debate that opened their general election campaign this week previews a classic clash. It is ...
    2008-06-10 08:48:00
  • More banks cut fixed mortgage rates - New Zealand Herald

    ANZ Bank, National Bank, TSB Bank and Kiwibank have all moved to cut their fixed mortgage rates. The moves come in the wake of the cuts by ASB and Westpac last week which followed the Reserve Bank's flagging of an Official Cash Rate cut later this ...
    2008-06-10 04:02:00