Mortgage and Financial News From 2008-4-25 Page 5
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Questions/Answers (Inland Valley Daily Bulletin)
Questions and answers on Daily Bulletin stories from readers like you. Police were looking for a woman they say is schizophrenic and has been missing for the past few days.
2008-04-24 01:53:48 -
Sage Credit Company Optimistic about Conforming Loan Limit Increases (wallstreet:online AG)
Sage Credit Company www.sagecreditcompany.com feels optimistic that the recent increases in the conforming
2008-04-24 03:35:18 -
Five Cities Financial Forum: Stimulus package affects local market (Arroyo Grande Times Press Recorder)
In February, President Bush signed into law the Economic Stimulus Package in an effort to revive our battered economy. The legislation is about more than just rebate checks; it can also have a positive impact on current and future homeowners.
2008-04-25 09:37:50 -
Hatteras Financial shares gain in debut after IPO - CNBC
NEW YORK - Hatteras Financial Corp. shares gained in their Friday debut after the real estate investment trust's initial public offering of 10 million shares priced at $24 apiece, the low end of expectations. In afternoon trading, Hatteras shares ...
2008-04-25 12:03:00 -
Fannie Mae Trails Freddie Mac in Using Expanded Buying Powers - Bloomberg
April 25 (Bloomberg) -- Fannie Mae , the largest U.S. mortgage-finance company, trailed smaller rival Freddie Mac in taking advantage of their newly expanded powers to accelerate purchases of home loans. Fannie Mae said its portfolio rose at a 2 ...
2008-04-25 11:05:00 -
Mass. foreclosures up 140% in a year - Boston Globe
Almost 1,200 Massachusetts properties were seized by mortgage companies in March, an increase of more than 140 percent from the number of foreclosures in March 2007, according to data from Warren Group. Foreclosures during the first three months of ...
2008-04-25 01:43:00 -
Maguire Properties Completes Refinancing of Griffin Towers - MSN MoneyCentral
Maguire Properties, Inc. MPG , a Southern California focused real estate investment trust, today announced it has repaid an existing $200 million mortgage loan secured by Griffin Towers which was originally scheduled to mature on May 1, 2008. The ...
2008-04-25 01:21:00 -
Investor says he was misled by Bear Stearns fund - Reuters
NEW YORK, April 25 (Reuters) - Bear Stearns Co Inc (BSC.N: Quote , Profile , Research ) has been hit with an arbitration claim from an investor who says he was duped into increasing his stake in a hedge fund tied to mortgage securities just before ...
2008-04-25 01:50:00 -
E*Trade CFO to leave company - Reuters
NEW YORK, April 25 (Reuters) - E*Trade Financial Corp (ETFC.O: Quote , Profile , Research ) said on Friday that Chief Financial Officer Robert Simmons will depart by May 9, becoming the latest senior executive to leave the online brokerage, which has ...
2008-04-25 02:33:00 -
Feds bust indoor pot growing ring in Seattle area - Seattle Times
Federal officials say the owners of garden supply stores in Auburn and Tukwila and a mortgage company in Kent are responsible for an indoor marijuana-growing ring in the Seattle area. Agents and police served 20 search warrants in raids Wednesday in ...
2008-04-23 02:00:00 -
US CREDIT-ResCap's risks rise as debt maturities loom - Reuters
NEW YORK, April 25 (Reuters) - Credit derivative markets are pricing in a high risk that GMAC LLC will pull its support from ailing mortgage unit Residential Capital LLC, as weakness in housing markets shows no signs of abating and debt maturities at ...
2008-04-25 11:48:00 -
Where the Fingers Are Pointing (NYTimes.com via Yahoo! Finance)
When money managers make good investments, they are happy to take credit. When they make bad investments, they would rather the blame go elsewhere.
2008-04-25 02:39:34 -
Reuters Canada Business Summary (The Globe and Mail)
TORONTO (Reuters) - The Toronto Stock Exchange's main index drove higher on Friday, helped by oil and other resource companies as crude prices surged amid supply disruptions and geopolitical tension.
2008-04-25 02:40:45 -
Countrywide chief executive got $22.1 million in 2007 compensation (Canadian Business)
Alex Veiga, The Associated Press April 25, 2008 - 5:30 p.m.
2008-04-25 02:43:39 -
Stocks climb on financial shares, close up for the week (EARTHtimes.org)
New York - US stocks rose on Friday and ended the week in positive territory, led by financial shares buoyed by Fannie Mae's brighter earnings forecast. The climb came despite a drop in a key consumer confidence index from Reuters and the University ...
2008-04-25 02:47:58