Mortgage and Financial News From 2007-8-29 Page 2

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  • Car Crashes Into Home (WTOV 9 Steubenville)

    An elderly driver attempting to pull into a parking spae ends up crashing into a home.
    2007-08-29 04:15:43

  • Suspect Arrested In Home Invasion, Rape (WBAL-TV Baltimore)

    Police arrest a 20-year-old Baltimore County man charged in a home invasion rape and robbery last week in the Roland Park neighborhood of Baltimore.
    2007-08-29 02:56:07

  • Residents Complain About Napa County Veterans Home (KCRA 3 Sacramento)

    A state senator has called for an audit of the California Veterans Home after complaints about conditions at the Napa County facility.
    2007-08-29 02:26:19

  • Old Saybrook Says No To Youth Home (Eyewitness News 3 Hartford)

    An embattled proposal to build a youth home now goes to the state.
    2007-08-29 04:27:33

  • Home values' drop eases up (Denver Post)

    Home prices in the Denver metro area continued to fall in June, but the pace of declines is slowing locally as it accelerates nationally, according to the S&P/Case-Shiller Home Price Indices released Tuesday.
    2007-08-29 07:25:04

  • Men Demand Drugs In Violent Home Invasion (KERO 23 Bakersfield)

    Bakersfield police said drugs may have been the motive for a home invasion robbery that left a man in critical condition.
    2007-08-29 06:09:42

  • Home loan demand slumps despite lower rates (Reuters via Yahoo! News)

    U.S. mortgage applications fell for a second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank, an industry group said on Wednesday.
    2007-08-29 11:20:20

  • Mortgage Crisis: What Should You Do?

    WPVI - But the mortgage crisis is affecting the vast majority of sellers and buyers in all economic brackets across the country ... could get into trouble was betting on the fact that their home values would continue to rise to offset their interest-only ...
    2007-08-29 09:53:00

  • Stocks Trade Higher But Worries Remain About Fed's Rate Policy

    CNBC - Only four of the 30 stocks in the Dow Jones Industrial Average were trading lower. Gains in the Dow were led ... second consecutive week, reflecting a drop in demand for home purchase and refinancing loans even as interest rates sank. The Mortgage ...
    2007-08-29 05:28:00

  • Local area not affected by mortgage meltdown

    Guard Online - ... banks in this area, and they all had pretty good mortgage plans available,” she said. “Dustin found the house we wanted and someone to work with us. ... These higher risk loans also carry higher costs and interest ...
    2007-08-29 07:15:00

  • Bernanke: Fed Ready to Act If Needed

    CNBC - ... Monday in response to Schumer's earlier letters calling on the Fed to cut interest ... to address underwriting and disclosure practices related to subprime mortgage lending ... ability to take on higher-risk mortgages and their programs are relevant only to ...
    2007-08-29 08:27:00

  • Subprime inflicts new damage, banks seek cash

    CNBC - ... LEH.N> to "neutral" from "buy" and lowered estimates for the banks' earnings, due to credit and mortgage market troubles. "The only thing ... Ben Bernanke on Friday, on "Housing and Monetary Policy," may bolster expectations of a U.S. interest rate ...
    2007-08-29 08:20:00

  • Subprime inflicts new damage in U.S. and Europe

    Reuters - ... the Cheyne vehicles -- were weathering the turmoil caused by mass defaults on U.S. subprime mortgage lending mainly to poor people. "The only ... Ben Bernanke on Friday, on "Housing and Monetary Policy", may harden expectations of a U.S. interest ...
    2007-08-29 07:44:00

  • Mississippi Governor Barbour Held Stock in Parent of Lobby Firm

    Bloomberg - ... When Haley Barbour was sworn in as governor of Mississippi in 2004, he set up a blind trust to avoid conflicts of interest and ... He lists the trust in his annual Mississippi ethics filing as his only source of income outside his $122,160 salary as ...
    2007-08-29 09:10:00

  • Lawmakers to Mull Credit Agency Changes

    CNBC - ... they failed to accurately assess _ or warn investors about _ the risks that mortgage ... Service and Fitch Ratings could be forced to disclose conflicts of interest, and ... S&P estimates that its downgrades have affected only about 1 percent of $565 ...
    2007-08-29 08:41:00

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