Mortgage and Financial News From 2008-8-10 Page 14
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Staying afloat - Journal News
Suddenly, everyone wants to help the troubled homeowner. Late last month, President George W. Bush signed the federal Housing and Economic Recovery Act of 2008, which not only allows for a potential bailout of mortgage giants Freddie Mac and Fannie ...
2008-08-09 11:26:00 -
New housing law full of trapdoors for borrowers and lenders - Fort Lauderdale Sun-Sentinel
I took a hard look at the new federal housing law and I had trouble seeing past all the strings attached to its offers of help for troubled homeowners. Such as: If you use its provisions to refinance your mortgage and then sell your home at a gain ...
2008-08-09 09:46:00 -
Mortgage Rates; Design Changes For Apple? - WXIA 11 Alive
In Monday's consumer and money headlines, this week's mortgage rates and a possible design change on the horizon for Apple's MacBooks. Good news from the housing market after months of declining prices and sales -- a 5 percent increase in pending ...
2008-08-08 09:47:00 -
Pound Falls to Lowest in 21 Months on U.K. Recession Concern - Bloomberg
Aug. 8 (Bloomberg) -- The pound dropped to its lowest in 21 months against the dollar on concern the economy is edging toward a recession as U.K. banks repossessed the most homes in 12 years in the first half and house prices lost two years of gains ...
2008-08-07 05:59:00