Mortgage and Financial News From 2008-8-10 Page 13
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State let crooked brokers keep stealing (Miami Herald)
Samantha Johnson was in jail for eight months before the Office of Financial Regulation revoked her license. Joseph 'Jay' Biggins and 18 of his co-workers stole more than $15 million from lenders and consumers.
2008-08-10 12:47:51 -
Banks reject PM's call to assure rate cuts - The Australian
THE nation's banks continue to ignore government calls to guarantee mortgage relief for stressed households when official rates start to ease, probably next month. Kevin Rudd yesterday intensified pressure on banks to pass on future rate cuts, with ...
2008-08-08 08:54:00 -
Debt reduction will help secure couple's retirement - Globe and Mail
In British Columbia, a couple we'll call Sylvia, 48, and Henry, 49, have an annual combined gross income of $80,000. They have a house they figure is worth $469,000, a couple of cats, no kids and a life they feel is constrained by lack of money. They ...
2008-08-09 05:46:00 -
Perma-Fix Reloads Term Note with Lender - Forbes
ATLANTA, Aug. 8 /PRNewswire-FirstCall/ -- Perma-Fix Environmental Services, Inc. (Nasdaq: PESI) today announced that PNC Bank N.A. has provided the company with a $7.0 million Term Note as part of the restructuring of the Company's $25 million credit ...
2008-08-08 05:40:00 -
Interest rate cut doesn't interest big banks - News.com.au
IN a slap in the face to their customers, two of Australia's largest banks are refusing to commit to passing on the full value of the next cut in official interest rates. Prime Minister Kevin Rudd yesterday urged banks to cut their rates in line with ...
2008-08-08 07:28:00 -
Kristof: Taking money out of your 401(k) can be a costly mistake (Fort Worth Star-Telegram)
But in some hardship cases a loan from the plan might make sense.
2008-08-09 10:10:51 -
Kristof: Taking money out of your 401(k) can be a costly mistake (Fort Worth Star-Telegram)
KATHY KRISTOF Experts warn that taking money out of your 401(k) account while you’re still working can cost you dearly later on. Nancy and Charles Powell ignored that advice and borrowed money from his 401(k) plan. Years later, they’re retired and have no regrets. "We listened to a lot of people saying, 'Don’t touch that,’ " said Nancy Powell, 60, who lives in Bellingham, Wash. "But we borrowed ...
2008-08-09 10:21:43 -
ACT's Education Pledge - And Winston's Money (Scoop.co.nz)
Speech to ACT Auckland Regional Conference; Raye Freedman Arts Centre, Epsom Girls' Grammar; Sunday, August 10 2008.
2008-08-09 10:28:23 -
Faint light at end of tunnel? (Independent Online)
There might be some reprieve for hard-pressed families, writes Edwin Naidu.
2008-08-10 12:23:09 -
Phoenix Expert Sees Real Estate Boom Ahead (PRWeb)
Author H. L. Quist is on record in calling all the past five boom and bust cycles in the US since 1990. (PRWeb Aug 10, 2008) Read the full story at http://www.prweb.com/releases/2008/08/prweb1193434.htm
2008-08-10 12:23:22 -
Fund resists stock slump (Philly.com)
Sharat Shroff's Matthews India Fund performed better than peers during the biggest sell-off in Indian equities in three decades by investing in health care and avoiding oil and gas stocks.
2008-08-10 01:26:00 -
Faint light at end of tunnel? (The Star)
There might be light at the end of the tunnel for hard-pressed families forking out ever more on bonds, car repayments, credit card debt and just eking out a living from day to day - but economic conditions are likely to get even worse before they improve.
2008-08-10 02:11:53 -
Pros and cons of borrowing from your 401(k) (Austin American-Statesman)
Experts warn that taking money out of your 401(k) account while you're still working can cost you dearly later on.
2008-08-10 02:34:19 -
National do-not-call list scrutinized - Baltimore Sun
Two years after the National Do Not Call Registry took effect -- and with more than 100 million numbers enrolled -- dinner-time conversations are still being interrupted by telemarketing calls. Regulators say the system is working, but a recent ...
2008-08-09 11:51:00 -
What you need to know this week - Sacramento Bee
Key agenda item: A resolution to refinance the district's remaining certification of participation debt issued between 2003-06. Other issues: Resolutions approving the district's 2008-09 special tax levy for developed parcels within community ...
2008-08-09 11:54:00
