Mortgage and Financial News From 2008-5-29 Page 15

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  • Bank to host homebuyer seminar (The Daily Item)

    MARBLEHEAD - The Marblehead Savings Bank will host a free MassHousing homebuyer seminar Tuesday, June 10 from 6-8 p.m. at 21 Atlantic Ave.
    2008-05-29 12:34:14
  • Kenya: Councils to Pick National Leaders Today (AllAfrica.com)

    Four candidates were Wednesday locked in campaigns for the leadership of the Association of Local Government Authorities of Kenya.
    2008-05-29 12:42:08
  • Business People (The News Journal)

    Who's who in Delaware business
    2008-05-29 12:58:46
  • Get flood insurance for a rainy day (The Morning Call)

    A homeowner in New Jersey thought she was one of the lucky ones. After a freak flood struck hundreds of nearby homes and businesses, her house, on higher ground, went untouched. Then, when a local creek overflowed, her house was spared once more.
    2008-05-29 01:13:39
  • Cut your losses on living costs (Daily Record)

    THE cost of everything - from food to fuel is rising, and there is no sign of any let-up Official figures show food prices have gone up an average of seven per cent in the past year.
    2008-05-29 01:16:53
  • Q: How much of a mortgage can I afford? (Louisville Courier-Journal)

    A: As a general rule, your monthly mortgage payment, taxes and insurance shouldn't be more than 28 percent of your gross monthly income, according to Realtor.com.
    2008-05-29 01:46:10
  • Receiver bows out of Cedar Funding case (The Monterey County Herald)

    A Los Gatos receiver appointed last week by a Monterey judge to intercede with troubled mortgage lender Cedar Funding said Wednesday he has withdrawn from the case. Greg Sterling, whose firm Receivers Inc.
    2008-05-29 01:49:09
  • Treasury says will advertise soon for N. Rock valuer - International Herald Tribune

    LONDON : The Treasury has dismissed speculation it is struggling to find an independent valuer to assess compensation payments to Northern Rock shareholders, saying it would advertise for the position soon. Shortly after nationalising the mortgage ...
    2008-05-28 10:15:00
  • Newspaper round-up - Reuters UK

    In a speech to the Fabian Society on Thursday, Business Secretary John Hutton will attempt to allay business fears following this month's deal to give temporary and agency workers equal rights to those of permanent staff after 12 weeks' employment ...
    2008-05-28 11:05:00
  • Bank of America decides not to retain Countrywide's No. 2 executive - Los Angeles Times

    Bank of America Corp., stressing its intent to change the culture at Countrywide Financial Corp. after acquiring it, said Wednesday that -- on second thought -- it wouldn't keep on the mortgage lender's No. 2 executive to run the companies' combined ...
    2008-05-28 10:01:00
  • Two men are sentenced in mortgage fraud - Minneapolis Star Tribune

    Cell-phone tower at Minnetonka school raises health fears Two worlds, two cultures, two moms Wayzata man charged in rape of woman, 20, at U Getting past stigmas to help Somali women Richfield woman arrested after baby left in car alone Two men have ...
    2008-05-28 10:08:00
  • UK lender reports house prices drop 2.5 percent in May - CNBC

    LONDON - A leading British mortgage lender says that house prices fell 2.5 percent in May. That is the largest monthly fall since Nationwide began tracking house prices in 1991. The survey says that prices are now 4.4 percent lower compared with a ...
    2008-05-28 11:34:00
  • Two men are sentenced in mortgage fraud (Minneapolis-St. Paul Star Tribune)

    For less than $1,000, a Ham Lake man may spend many years in federal prison.
    2008-05-28 10:30:27
  • A vicious cycle of debt (Daily Herald)

    Shondra McCalebb of Hanover Park has struggled to pay utilities, rent, food and other bills while raising her four children. In the process, she has learned firsthand how short-term relief -- particularly in the form of high-interest emergency loans -- can become a long-term nightmare.
    2008-05-28 11:11:02
  • House price falls 'accelerating' (BBC News)

    House prices have recorded their largest monthly fall since 1991 says the Nationwide building society.
    2008-05-28 11:11:08