Mortgage and Financial News From 2008-7-22 Page 7
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FDIC chair says more banks in danger of failing (AP via Yahoo! Finance)
The chairwoman of the Federal Deposit Insurance Corp. said Tuesday more banks are in danger of failing, and that the government agency expects to raise premiums to restore its reserve fund after paying out billions of dollars to depositors at IndyMac Bank.
2008-07-22 12:54:57 -
Paulson says financial stability is top priority (AP via Yahoo! News)
Treasury Secretary Henry Paulson spent another day stumping for the U.S. banking system, declaring Tuesday that his top priority was ensuring "stability and confidence in our markets and financial institutions."
2008-07-22 12:55:15 -
Earnings Preview: Allstate profit seen lower in 2Q (AP via Yahoo! Finance)
Allstate Corp. reports earnings for the fiscal second quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
2008-07-22 12:59:06 -
Bond hearing underway for missing girl's mom (FOX 35 Orlando)
A bond hearing is underway for the mother of a 2-year-old central Florida girl missing since early June.
2008-07-22 01:01:54 -
Fannie and Freddie: Getting to know powerful pair (AP via Yahoo! Finance)
Behind their down-home names, Fannie Mae and Freddie Mac are so vital to the economy that the government scrambled to offer them a lifeline. But what exactly are they, and what do they do?
2008-07-22 01:03:18 -
Letters, 7/21: Middle class tax relief - Lincoln Journal Star
When John McCain says that Barack Obama will raise your taxes, he is telling a deliberate lie! Unless yours is one of the very highest incomes in America, you will have lower taxes from Barack Obama’s proposals than from McCain’s! All Obama plans ...
2008-07-22 10:18:00 -
Thinking Right - Atlanta Journal Constitution
All the entries posted in July. In a world where no industry is immune from competition or from changing technologies —- as newspaper reporters and editors across America are now discovering —- Georgians like Roy Braswell of Sandersville are ...
2008-07-22 05:18:00 -
Six of One, Half Dozen of the Other - American Progress
The end of the housing boom has cut off a key financial safety net for American families. During the past decade of low interest rates, families borrowed heavily against the value of their homes to finance their consumption and increase their ...
2008-07-20 05:59:00 -
Wachovia Loses $8.9B, 6,350 Jobs - Huffingtonpost.com
Compare 11:08 AM EST 10:46 AM EST 08:40 AM EST 08:39 AM EST 08:28 AM EST 07:49 AM EST 07:48 AM EST 07:47 AM EST 07:45 AM EST 07:44 AM EST 07:19 AM EST 07:18 AM EST and 11:08 AM EST 10:46 AM EST 08:40 AM EST 08:39 AM EST 08:28 AM EST 07:49 AM EST 07 ...
2008-07-22 08:45:00 -
Never smart to postdate mortgage check (Bankrate.com via Yahoo! Finance)
Postdating a mortgage check can create severe consequences for the borrower, says Dr. Don Taylor.
2008-07-21 03:00:00 -
Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)
Dear Dr. Don, My mortgage company tells me not to postdate my check. The mortgage payment is due on the first of the month. I currently send it in before it is due and date it the day I send it in.
2008-07-21 04:00:05 -
Local Labor pains (The Australian)
HIGH petrol and mortgage costs are a deadly threat to the Government.
2008-07-21 07:00:00 -
PMI Introduces Integrated Rate Quote and Payment Comparison Tool (PR Newswire via Yahoo! Finance)
PMI Mortgage Insurance Co., the primary subsidiary of The PMI Group, Inc. , today introduced the next generation web-based tool that allows users to obtain rate quotes and compare multiple mortgage insurance payment plans in one step.
2008-07-22 08:00:00 -
CME quarterly profit rises on lower expenses - Forbes
CHICAGO, July 22 (Reuters) - CME Group Inc, parent of the world's largest derivatives exchange, said on Tuesday quarterly profit rose on higher revenue from processing services and lower expenses, even as growth in trading volume slowed. Shares fell ...
2008-07-22 06:01:00 -
Bank shares slump with NAB and ANZ worst hit - News.com.au
BANKS have been savaged amid mounting concerns they face earnings falls because of the slowing economy, a drop in lending and rising bad debts. Australian banks so far have avoided the worst of the fallout from the collapse of the US housing market ...
2008-07-22 07:41:00