Mortgage and Financial News From 2008-8-2 Page 6
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Cramer's 'Mad Money' Recap: Cramer 1, Bernanke 0 (TheStreet.com)
Cramer says he implored Bernanke a year ago to lower interest rates without success.
2008-08-02 07:26:44 -
Homeowners facing foreclosure seek help (22 WSBT South Bend)
SOUTH BEND — Homeowners who can not make their mortgage payments reached out for help Saturday. Foreclosure rates in Indiana have been above the national average for almost a decade.
2008-08-02 12:30:46 -
So who says the credit crunch won't run to a second birthday? (Independent)
'Life changed on 9 August," says Northern Rock's former chief executive, Adam Applegarth, reflecting on the day last summer when his life and his bank fell apart. "That was when the markets froze."
2008-08-02 04:11:49 -
Ask the Biz Brain - Newark Star-Ledger
My husband and I are interested in taking a reverse mortgage. Both of us are over 65 years old, have a 15-year mortgage (with seven years more remaining), and have lived in this house for 26 years. --In reverse Although reverse mortgages can help ...
2008-07-31 09:35:00 -
Is a reverse mortgage right for you? - Marketplace.publicradio.org
Tess Vigeland: Earlier in the show, we heard some of the details of the housing bill, but here's one provision we didn't get to: The law makes it easier and financially safer for seniors to get reverse mortgages. It puts limits on the fees banks can ...
2008-07-31 05:53:00 -
Gray Matters: SOLI: a stranger is your beneficiary - Newsday
We were among the first, more than a year ago, to call your attention to "life settlements." That's a new and, to my mind, a potentially unsavory business now referred to as "Stranger Owned Life Insurance" (SOLI), wherein you sell your life-insurance ...
2008-08-02 01:40:00 -
I Want A House Price Crash! (The Motley Fool)
Falling house prices are exactly what we need, according to this Fool.
2008-08-01 07:56:25 -
In Town: Barrows, Litquake, Barbeau, Jimenez (San Francisco Chronicle)
Annie Barrows The co-author with Mary Ann Shaffer of the novel "The Guernsey Literary and Potato Peel Pie Society" will appear at 7:30 p.m. Tuesday at Barnes & Noble, 1149 S. Main St., Walnut Creek, (925) 947-0373; and at 7 p.m. Thursday at Barnes & Noble,...
2008-08-01 06:49:43 -
Griffey gets 2 RBIs in debut with White Sox (San Francisco Chronicle)
The Kid isn't a kid anymore. The Chicago White Sox are still glad to have him. Ken Griffey Jr. drove in two runs in his debut with Chicago and Javier Vazquez won for the first time in seven starts, lifting the White Sox to a 4-2 victory over the Kansas City...
2008-08-01 08:47:16 -
Around the House: doors that save space (San Francisco Chronicle)
Doors that slide generally make better use of space than doors that open out, but it's not cheap to replace a standard door with a pocket door. Johnson Hardware's got a new system for mounting doors that slide. The Series 200WM hardware system, a neat idea...
2008-08-02 12:14:39 -
USA Today Top 25 Poll (San Francisco Chronicle)
Note: The Top 25 teams in the USA Today college football coaches preseason poll, with first-place votes in parentheses, 2007 records, total points based on 25 points for a first-place vote through one point for a 25th-place vote, and final ranking. W-...
2008-08-02 12:49:36 -
Service set for Berkeley councilwoman Spring (San Francisco Chronicle)
A memorial service has been scheduled for five-term Berkeley City Councilwoman Dona Spring, who died July 13 of complications from rheumatoid arthritis. The public service will be held at 2 p.m. Aug. 10 at Civic Center Park, on Martin Luther King Jr. Way...
2008-08-02 12:53:57 -
A&L posts £2m profits and explains reasons for sale to Santander - The Independent
Alliance & Leicester's chief executive, David Bennett, said yesterday that the bank's sale to Santander of Spain was driven by fear of future shocks, as the credit crunch wiped out almost all of A&L's first-half profit. The bank's operating profit ...
2008-08-01 05:16:00 -
Maintain the "You" in Your Credit Union - MSNBC
Togetherness has its perks in the financial world -- price breaks on insurance premiums, saving money by splitting bills, instant justification for buying the family sized bag of Doritos, etc. However, when it comes to credit, too much togetherness ...
2008-07-29 05:55:00 -
Just when the British banks thought it was safe to go back into the ... - Times Online
Matthew Prest knows he is about to get busy. As head of Close Brothers’ European restructuring business, he gets going when companies find themselves in trouble. After reading the accounts posted last week by HBOS and Lloyds TSB, two of Britain’s ...
2008-08-02 01:04:00