Mortgage and Financial News From 2007-10-4
Previous Day: 2007-10-03
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Expansion a piece of cake Nothing Bundt Cakes heads to other cities ...
Las Vegas Review Journal - Their clients include attorneys, government employees, court reporters, mortgage companies, hotel-casinos and countless service businesses. U.S. Sen. John Ensign has sent the cakes to campaign workers, and Rep. Shelley Berkley orders bundts for her ...
2007-10-04 02:00:00 -
Dems seek subprime help from Fannie and Freddie
Denver Post - WASHINGTON — Fannie Mae and Freddie Mac, the largest U.S. mortgage-finance companies, would be allowed to expand their $1.5 trillion mortgage portfolio to buy subprime loans under a Democratic plan to help struggling borrowers. Senate Majority ...
2007-10-04 04:23:00 -
NASA LaRC Internal Memo: CLOSED: Outreach Resource Center
SpaceRef - 220Marketing specializes in providing mortgage marketing for mortgage companies and managers. - Take your time to tour our site and check out all the fun games we operate. In addition to the 20 online bingo rooms we operate, we also have online keno. - ...
2007-10-04 03:19:00 -
Democrats Call for 'Mortgage Czar,' Aid
AOL - Harry Reid, the Senate Majority Leader, and Nancy Pelosi, the speaker of the House of Representatives, called for the current limit on Fannie Mae and Freddie Mac investments to be lifted so the mortgage finance companies can buy more troubled ...
2007-10-04 03:54:00 -
Location Factor In Home Sales, Foreclosures
News Channel 2000 - Some mortgage companies and lenders don't want you to know how bankruptcy lawyers can help, telling you bankruptcy is for deadbeats. In bankruptcy, retirement savings and 401(k)s are protected. You can be freed from second and third mortgage ...
2007-10-04 03:26:00 -
Asian stocks dip
Reuters - SINGAPORE (Reuters) - Asian shares fell on Thursday, dented by chip makers after a negative report on Intel Corp and by energy companies as crude slipped, but the dollar was helped by signs the U.S. mortgage crisis had not derailed the economy. The ...
2007-10-04 02:14:00 -
Companies planned fewer layoffs last month
MSNBC - The consulting firm considers mortgage lenders, construction companies and real estate firms the industries that make up housing-related sector. Nevertheless, job cuts were 28.5 percent lower this September than last year, when there were 100,315 job ...
2007-10-03 09:39:00 -
Bear Stearns Cuts 310 Mortgage Jobs, to Merge Units (Update2)
Bloomberg - Wall Street firms, which package home loans into bonds and sell them to investors, bought mortgage companies in recent years to assure a steady supply and are now stuck with too much capacity. ``This is consistent with what we've seen ...
2007-10-03 12:38:00 -
Bear Stearns to cut 310 mortgage jobs
Raleigh News & Observer - Holdings and Merrill Lynch have also eliminated mortgage jobs. Wall Street firms, which package home loans into bonds and sell them to investors, bought mortgage companies in recent years to assure a steady supply and are now stuck with too much ...
2007-10-04 12:05:00 -
House to vote on mortgage tax relief bill
CNN Money - Latest Rates Active Companies Stock Price Increases Stock Price Decreases Earnings: Reports & Estimates Hot Stocks Stock Spotlight ... AP) -- House lawmakers are due to vote Thursday on a bill that would allow homeowners to avoid paying taxes on mortgage debt ...
2007-10-04 04:02:00 -
FLOWERS' POWER
New York Post - Flowers' interest in Northern Rock comes as other mortgage companies, most nota bly Countrywide Fin ancial, continue to suf fer as the global credit crunch hampers their ability to originate new loans. Countrywide continues to work with bankers at ...
2007-10-04 12:41:00 -
Bear Stearns to cut 310 mortgage jobs (Reuters via Yahoo! News)
Bear Stearns Cos said on Wednesday it was cutting 310 jobs in its mortgage lending business, making the Wall Street bank the latest to lay off staff as a result of the lingering subprime mortgage crisis.
2007-10-03 11:00:05 -
Democrats Assail Bush on Mortgage Crisis (Washington Post)
WASHINGTON -- Congress' top Democrats demanded quick action on the subprime mortgage crisis, saying President Bush has been slow to address a situation that could cost millions of people their homes.
2007-10-03 03:58:51 -
Jobless teenager given $400,000 loan
Big Pond News - The ACT Consumer Law Centre believes a Canberra mortgage broker at the centre of legal action for unconscionable behaviour is still working in Canberra. The Federal Court yesterday ruled ACT Mortgages pay $31,000 compensation after one of its brokers ...
2007-10-03 02:54:00 -
REFILE-UPDATE 1-US Democrats to call for 'mortgage czar'-sources
Reuters - WASHINGTON, Oct 3 (Reuters) - Democratic leaders in the U.S. Congress on Wednesday will call for appointment of a 'mortgage czar' to deal with a spike in foreclosures and more spending to help troubled homeowners, sources familiar with the plan said ...
2007-10-03 08:42:00