Mortgage and Financial News From 2008-3-14 Page 16

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  • Rainwater's 'Single Worst Investment'

    BusinessWeek - Sometimes even billionaires make bone-headed moves. Richard Rainwater, the legendary Fort Worth investor, has seen a 70% decline in just two months on some $100 million he put into troubled home lender Thornburg Mortgage ( TMA ). Rainwater calls it ...
    2008-03-14 05:36:00

  • Mortgage broker, lender plan too little too late

    Reuters - NEW YORK (Reuters) - The latest federal plan to restore confidence in mortgage bond and housing markets, promising strict home lender and mortgage broker standards, might thwart the next crisis but does little to quell this one. Treasury Secretary ...
    2008-03-14 03:56:00

  • Choices for those Hit by Mortgage Rate Rises (NZCity)

    The offers are already being made to people facing big mortgage interest rises. "If your lender won't renegotiate, we've got deals that will lower your payments," they say. Are these deals any good?
    2008-03-14 04:14:30

  • Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)

    Dear Dr. Don, We moved in July and our former house is on the market and paid for. We want to take $60,000 from the sale of that house and apply it to our current mortgage to reduce the monthly payments.
    2008-03-14 04:58:47

  • Foreclosures drop in D.C. and Northern Virginia (The Washington Examiner)

    Though tough economic data seems to have been piling up lately, Thursday brought a hint of good news as home foreclosures dropped in the majority of the metro area and across the country, from January to February.
    2008-03-14 05:22:05

  • Should you raid retirement funds to avoid foreclosure? (The Nashua Telegraph)

    Many homeowners facing financial difficulties used to look to home equity as a resource to cover shortfalls. But with that option off the table for many, increasing numbers of people are considering tapping into a second large asset -- retirement savings. ...
    2008-03-14 05:25:29

  • Two more meetings set for Leeward Habitat project (Honolulu Advertiser)

    Habitat for Humanity Leeward O'ahu is planning two additional information sessions for families wanting to apply for low cost homes. Over 200 families packed Kamehameha Schools Community Learning Center in Nanakuli on Monday to apply for the opportunity to build one of the homes.
    2008-03-14 05:29:54

  • Mortgage reforms outlined (Chicago Tribune)

    Paulson lays out proposals; foreclosures climb higher With foreclosures escalating at a record pace nationally, and several Chicago-area counties showing significant increases, Treasury Secretary Henry Paulson on Thursday pointed a finger at the players he said contributed to the housing and credit mess and outlined reforms intended to stave off future excesses.
    2008-03-14 05:35:53

  • Should You Unlock Capital From Your Home? (The Motley Fool)

    Does it make sense to borrow more money against your home?
    2008-03-14 05:59:40

  • Women & Money: How the stimulus can work for you

    Philadelphia Inquirer - If you haven't paid attention to this advice in the past, pay attention now. Of course, with the Fed's rate cuts, interest rates on ... rates are going to be coming down even more, consider putting a portion of your savings in a six- or 12-month CD. Make ...
    2008-03-08 11:05:00

  • A Qualitative Assessment of Factors Influencing Acceptance of a New ...

    Medscape News - ... if recommended by their professional organizations and expressed specific interest in ... and public health officials develop strategies to achieve high immunization rates ... Dallas MJ, Heyse JF, Goveia MG, Black SB, Shinefield HR, Christie CD, Ylitalo S ...
    2008-03-10 11:34:00

  • Community Briefs (Updated March 14)

    Ahwatukee Foothills News - ... is $4, or $2 for those 2 to 12 years old. (No discounts apply with mid-day rates. ... No matter your child's interest or activity level, they can find something to do at KRC ... like to schedule a performance, want additional information or would like a CD ...
    2008-03-12 05:55:00

  • Psst!--Ferraro Was Right

    Slate - If Obama's Face Were ... : Here's Andrew Sullivan in his big, widely applauded Atlantic piece making the case for Barack Obama: What does he offer? First and foremost: his face. Think of it as the most effective potential re-branding of the United ...
    2008-03-13 08:50:00

  • Re recovers from low, ends firm

    Business Standard - Since the outflows are yet to happen, the interest rates have dipped below 6 per cent in the collateralised lending and borrowing ... While IDBI bank paid 10.25 per cent for raising one year funds through CD , Punjab National Bank and State bank ...
    2008-03-10 05:58:00

  • Falling interest rates squeeze Barnstable's budget

    Cape Cod Times - He said town investments are suffering from falling interest rates, with some investments earning only half the amount they were ... The rate for a 30-day CD recently dropped from 4.6 percent to 3.6 percent, she said.
    2008-03-12 10:42:00

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