Mortgage and Financial News From 2008-2-8 Page 6

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  • Wall Street performance mixed (The Washington Times)

    NEW YORK (AP) - Wall Street finished a dismal week with a mixed performance yesterday as...
    2008-02-08 09:55:39

  • U.K. Adds Northern Rock Debt to Government Burden (Update2)

    Bloomberg - The majority of Northern Rock customers are coming to the end of a deal and will re-mortgage,'' said Ray Boulger, senior technical manager at Charcol Ltd., Britain's biggest online mortgage broker. ``I expect 25 billion pounds of their mortgages ...
    2008-02-07 03:24:00

  • Foreign dollars at work

    St. Petersburg Times - After a Chinese investor bought out a Pennsylvania wood products company, broker Yu Dan explained why the purchase was ... Yet foreign investment can be a godsend, as it was for Morgan Stanley after the subprime mortgage meltdown. Some 5-million ...
    2008-02-08 09:02:00

  • Kerviel jailed as broker questioned in SocGen probe

    International Herald Tribune - ... Kerviel, the trader blamed by French bank Societe Generale for huge losses, was jailed while police questioned a broker on ... 5 billion euros to repair its balance sheet after the trading losses and write-downs linked to the U.S. subprime mortgage ...
    2008-02-08 02:57:00

  • Gates Four on city's radar

    Fayetteville Observer - It’s a moneymaker for the city of Fayetteville,” said Walter Quick, a 61-year-old mortgage broker who has lived in Gates Four since 1995. “That’s the only reason they want us. It’s the property taxes.” Homeowners already pay private fees ...
    2008-02-08 08:41:00

  • Singular aspirations

    Financial Times - We’ve noticed a 4 per cent increase in [single women buying homes] in the past three years from 11 per cent to 15 per cent,” says London-based Quintin Bull, managing director of Indigo, an independent niche mortgage broker and adviser. “So it ...
    2008-02-08 01:53:00

  • Homeowners warned over repossessions

    Eastern Daily Press - ... has been doing you can't sustain that. “But I don't think we will see the level of difficulties as in the 1990s as lessons have been learned although people are still being allowed to borrow too much.” Andrew Connolly, director of mortgage broker ...
    2008-02-08 09:31:00

  • Colorado cracks down on mortgage brokers

    Denver Post - The new mortgage broker laws prohibit felons from becoming licensed as mortgage brokers. It suspended Adriana Arzate's license and is seeking $10,000 in fines. Arzate is accused of falsifying borrowers' financial information so they could obtain ...
    2008-02-08 02:28:00

  • British Energy set to give market big shock - Times Online

    British Energy set to give market big shockTimes Online, UK - 5 hours agoThe broker said a share buyback programme which had propped up the price was likely to stop soon, while food price inflation and exposure to the United ...
    2008-02-08 04:08:26

  • Prices Offered Up to 50% Off During DR Horton's 'UnAuction' Sale ... - PR Newswire (press release)

    Prices Offered Up to 50% Off During DR Horton's 'UnAuction' Sale ...PR Newswire (press release), NY - 3 hours agoBuyer is not required to finance the home purchase through DHI Mortgage to receive the sales price. DR Horton offers a 3% Broker Co-Op. Current broker ...
    2008-02-08 06:46:21

  • Nancy Sartor announced she will seek election as assessor of ... - Beckley Register-Herald (subscription)

    Nancy Sartor announced she will seek election as assessor of ...Beckley Register-Herald (subscription), WV - 2 hours agoSartor is a member of the Greenbrier Valley, West Virginia and National Association of Realtors and has been a real estate broker for over 30 years. ...
    2008-02-08 07:44:22

  • National business briefs: Chrysler cuts; Nucor acquisition - Kansas City Star

    National business briefs: Chrysler cuts; Nucor acquisitionKansas City Star, MO - 1 hour agoNucor Corp. said Friday it had agreed to acquire SHV North America Corp., which owns scrap broker and processor David J. Joseph Co., for $1.44 billion. ...
    2008-02-08 08:26:25

  • Area homebuyers may not benefit from stimulus bill - Milwaukee Journal Sentinel (subscription)

    Area homebuyers may not benefit from stimulus billMilwaukee Journal Sentinel (subscription), WI - 54 minutes agoLast year, the average purchase price for a broker-sold home in Ozaukee County - the priciest in metro Milwaukee - was $310535, according to the Metro MLS. ...
    2008-02-08 08:54:40

  • Gates Four on city's radar - FayObserver.com

    Gates Four on city's radarFayObserver.com, NC - 46 minutes ago“It’sa moneymaker for the city of Fayetteville,” said Walter Quick, a 61-year-old mortgage broker who has lived in Gates Four since 1995. ...
    2008-02-08 09:03:12

  • Coldwell Banker Howard Perry And Walston Hires New Sales Agent - The Open Press (press release)

    Coldwell Banker Howard Perry And Walston Hires New Sales AgentThe Open Press (press release) - 39 minutes agoDurham, NC (OPENPRESS) February 9, 2008 -- Kevin Woody, vice president and managing broker for the Coldwell Banker Howard Perry and Walston (www.hpw.com) ...
    2008-02-08 09:09:47

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