Mortgage and Financial News From 2008-3-7 Page 10

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  • Congress Questions Executives on Pay (NYTimes.com via Yahoo! Finance)

    The panel was examining if Wall Street’s compensation philosophy contributed to the mortgage boom.
    2008-03-07 02:40:03

  • Brazil's Bovespa Drops to 3-Week Low; Mexico's Bolsa Falls (Bloomberg.com)

    March 7 (Bloomberg) -- Brazilian stocks fell to the lowest in three weeks after Cia. Energetica de Minas Gerais, the biggest combined power generator, reported a profit that was less than analyst estimates and Merrill Lynch downgraded pulp and paper companies because of concern the strong real may hurt exports.
    2008-03-07 02:41:46

  • Reuters Business Summary (Reuters via Yahoo! Singapore News)

    Recession fears rise on more job cuts
    2008-03-07 02:42:09

  • Goldman CEO Gets $54M in Compensation (AP via Yahoo! Finance)

    Goldman Sachs Group Inc. Chairman and Chief Executive Lloyd Blankfein did better than any of his colleagues in 2007, a year in which the world's largest investment bank profited despite the subprime market collapse.
    2008-03-07 02:51:50

  • Wall St drops as job data deepens economic woe (Straits Times)

    NEW YORK - UNITED States stocks fell on Friday to close at their lowest level in 19 months after a report showed that employers unexpectedly shed jobs at the steepest rate in nearly five years, standing as confirmation for many investors that the United States is in recession.
    2008-03-07 02:51:52

  • Dangerous cracks appearing in job market (Sharewatch)

    WASHINGTON (AP) - Dangerous cracks in the nation's job market are deepening.
    2008-03-07 02:51:56

  • McLeod County foreclosures nearly doubled in 2007

    Hutchinson Daily Leader - A cascade of personal misfortune and health expenses — and a spike in their adjustable-rate mortgage — is forcing them ... put their clients’ interests first. “You have to look at what’s the motivation of someone you’re seeking advice from ...
    2008-03-07 08:05:00

  • Homeowners return to renting in tenure shuffle

    InsideHousing - The FSA this week launched an advice campaign targeting people whose fixed rate or discount mortgage deals end this year. It said one in five mortgage holders were worried about making their payments in the next 12 months, and a quarter had ...
    2008-03-03 03:55:00

  • Pros, cons and a pinch of fresh data

    Inside Bay Area - My advice is to be very careful before signing up for a reverse mortgage, but be even more careful about the purpose of the mortgage. Happiness at 70?
    2008-03-06 02:58:00

  • Real estate experts: Mortgage benefits at 70?

    Jerusalem Post - Is it feasable at a retired age to get a mortgage and how much of a down payment is required for someone 70 yrs. old or is renting a better way to go at this age? What is your advice?
    2008-03-05 11:30:00

  • Jingle-mail rings alarm bells for the US

    Financial Times - John Maddux, a partner in youwalkaway.com, says the website offers advice ... In an attempt to avert that scenario, the Bush administration last October established HopeNow, an alliance of mortgage ...
    2008-03-06 11:19:00

  • Mortgage costs soaring despite rate cuts

    This is Money - ... House prices Homes abroad Buy to let Endowments Stamp duty Mortgage best buys Mortgage finder Mortgage guides Message boards Insurance Consumer advice Broadband ... Mortgage costs are rising at the fastest pace in living memory, a financial expert said yesterday
    2008-03-07 05:41:00

  • Cramer: Banks Could Go the Way of the Home Lenders

    Street.Com - A year ago, I posted a list of the Mortgage Dirty Dozen on this site and I predicted the unthinkable: that they would all be ... While he cannot provide personalized investment advice or recommendations, he appreciates your feedback and invites you to ...
    2008-03-07 12:01:00

  • Interest rate decision: A blow to remortgagers

    MyFinances.co.uk - ... rates today. That is according to one mortgage expert who said the decision to keep rates at 5.25 per cent had "delayed the inevitable" and increased the need for a bigger cut at the next opportunity. Eamonn Rice, chief executive of mortgage advice ...
    2008-03-06 04:31:00

  • Budget 2008: Calls to give mortgage-holders a break

    MyFinances.co.uk - The government has come under pressure to initiate a raft of measures in the next budget to support increasing numbers of struggling mortgage-holders. Creating more realistic stamp duty levels, seeking alternative sources of funding for the UK ...
    2008-03-07 02:28:00

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