Mortgage and Financial News From 2008-4-18 Page 2
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Amid Strong Farm Economy, Some Worry About Increased Debt (FOX 29 Lake Charles)
DES MOINES, Iowa -- At a time of record agricultural profits, concerns are mounting that American farmers could be edging toward a financial crisis not seen since the 1980s farm-economy collapse.
2008-04-18 05:41:44 -
50 bln pounds mortgage rescue eyed (Interactive Investor)
Fri 18 Apr, 2008 22:27
2008-04-18 03:36:55 -
House Passes Bill to Expand U.S. Loans for Students (NYTimes.com via Yahoo! Finance)
Students will now be able to borrow a total of $31,000 though federal programs to pay for undergraduate education.
2008-04-18 03:40:02 -
JPMorgan Joins Rivals in Raising Extra Cash (NYTimes.com via Yahoo! Finance)
Hours after reporting its worst results in years on Wednesday, JPMorgan Chase quietly disclosed plans to raise $6 billion in expensive debt.
2008-04-18 03:40:03 -
Former Fannie Chief Agrees to Settlement (NYTimes.com via Yahoo! Finance)
Franklin Raines and two other top Fannie Mae executives are paying a total of nearly $31.4 million in the settlement with the government over their roles in a 2004 accounting scandal.
2008-04-18 03:40:35 -
Citigroup Records a Loss and Plans 9,000 Layoffs (NYTimes.com via Yahoo! Finance)
The results contained few surprises, and investors responded to the bank’s $5.1 billion loss by pushing markets sharply higher.
2008-04-18 03:40:35 -
Early Childhood Roundup set for April 18 (Bastrop Daily Enterprise)
Enterprise News Services The Morehouse Parish Early Childhood Round-Up for the 2008-09 school year will be held from 7:30 a.m. until 2 p.m. April 18 at the Morehouse Parish Resource Center, 714 South Washington Street, next door to the School Board office.
2008-04-18 03:43:53 -
Peter G. Miller: Just like buyer, builder must honor any contractual obligations (San Antonio Express-News/KENS 5)
Q: I bought a vacation townhome in a Florida resort property from a reputed builder. The broker who sold to me gave a letter on his letterhead that said he would lease back the property for two years. He even signed a guaranteed leaseback for one year.
2008-04-18 03:46:35 -
John McCain Reported $405,409 in Income Last Year (Update5) (Bloomberg.com)
April 18 (Bloomberg) -- John McCain , who has clinched the Republican presidential nomination, reported $405,409 in income last year and paid $118,660 in federal taxes, according to tax returns made public today. He gave $105,467 to charity, the records show.
2008-04-18 03:48:41 -
Hitting Home: Help Center (CBS News)
Resources and advice for homeowners dealing with foreclosure.
2008-04-18 04:00:02 -
Buy My House, Please! (San Antonio Express-News/KENS 5)
5-bedroom home has traditional floor plan, customized cabinetry.
2008-04-18 04:00:55 -
Hoem financing explained (The Indiana Gazette)
To help explain the seriousness of buying a home, loan officer Scott Valazak recommended watching "The Money Pit."
2008-04-18 11:22:08 -
Housing crunch turning more sellers into landlords (Atlanta Journal-Constitution)
A year ago, Brian Skutta and his wife were moving out of their Woodstock home, headed for a bigger one down the road in Canton. But selling the first place was a problem. The once-hot residential market was glutted with homes for sale — many of them new construction like the houses around Skutta's. Worse, tighter credit was making it hard for many potential buyers to get mortgages.
2008-04-18 11:26:58 -
Trying To Explain The Mortgage Crisis (BellaOnline)
We hear and read about it every day, The Mortgage Crisis. Read about some ideas of how this happened.
2008-04-18 11:52:23 -
Momentum builds for foreclosure relief (CNNMoney.com via Yahoo! Finance)
Congress isn't done debating how best to stem the foreclosure crisis, but one near-certainty has emerged: Lawmakers will pull together a housing bill that expands Washington's role in helping troubled borrowers.
2008-04-18 12:13:00