Mortgage and Financial News From 2008-2-22 Page 11

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  • ALL BUSINESS: Sapping the American dream (El Paso Times)

    NEW YORK—It's not just subprime borrowers who are defaulting on their mortgages these days.
    2008-02-22 12:03:03

  • FDIC chair warns Silicon Valley isn't immune to mortgage woes (East Bay Business Times)

    The chair of the Federal Deposit Insurance Corp. Friday warned that Silicon Valley isn't immune to the nation's credit turmoil, calling for new approaches in mortgage lending and regulation to lessen its impact.
    2008-02-22 12:12:14

  • Bank of the West launches small business campaign (BizJournals)

    Bank of the West today launched a small business campaign offering reduced rates on commercial real estate loans, lines of credit with no fees, free business checking as well as other discounts and services on business products.
    2008-02-22 12:17:34

  • Four Ways to Hedge Against Falling Home Prices (TheStreet.com)

    Consider strategies to reduce the risk of losing money on a big asset.
    2008-02-22 12:36:40

  • Friday's Financial Winners & Losers (TheStreet.com)

    A rash of downgrades hit financial stocks.
    2008-02-22 12:37:03

  • 2008 candidates' positions on the issues (The San Luis Obispo Tribune)

    The stands of these presidential candidates on a selection of issues: New York Sen. Hillary Rodham Clinton and Illinois Sen. Barack Obama, Democrats; former Arkansas Gov. Mike Huckabee and Arizona Sen. John McCain, Republicans. --- DEMOCRATS
    2008-02-22 12:41:27

  • Popular, Inc. Declares a Cash Dividend of $0.16 per Common Share

    Earthtimes - ... branches and offices, the Corporation offers retail and commercial banking services through its franchise, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, mortgage loans, consumer lending, investment banking, broker ...
    2008-02-22 07:10:00

  • First Trust/FIDAC Mortgage Income Fund Declares Monthly Distribution ...

    MSN MoneyCentral - ... information can be found at www.ftportfolios.com or by calling 1-800-988-5891. Contact Information: First Trust/FIDAC Mortgage Income Fund Press Inquiries: Jane Doyle, 630-241-8775 or Analyst Inquiries: Jeff Margolin, 630-915-6784 or Broker ...
    2008-02-20 02:14:00

  • Wilkes gets 12 years in prison for bribery

    San Diego Union-Tribune - The New York mortgage broker, who is Kontogiannis' nephew, pleaded guilty to conspiracy to commit money laundering and lying to a grand jury. His company processed bribe-funded mortgages on Cunningham homes.
    2008-02-20 09:57:00

  • Hopefully, it won't take another 50 years for true freedom to come to ...

    Chicago Sun-Times - There won't be change in Cuba until both brothers are gone," said Eduardo Prats, a 53-year-old Chicago mortgage broker whose family left Cuba when he was 9.
    2008-02-21 02:53:00

  • Northern Rock mortgage borrowers 'don’t need to worry yet'

    MyFinances.co.uk - ... and advised them when their mortgage deals expired and it was time to remortgage to shop around the entire market. This is sound advice, especially amid criticism Northern Rock's products are less than competitive. Katie Tucker of mortgage broker ...
    2008-02-21 03:43:00

  • Fla. home foreclosure crisis targeted

    Forbes - That's what Munnerlyn's mortgage broker told him he could do when he refinanced his house to do the addition. Only it didn't work out that way.
    2008-02-20 03:19:00

  • Victims of investment in Otsego

    Minneapolis Star Tribune - Among her charges: that UMG and NIG, working with a dishonest mortgage broker who has since gone out of business, falsified her income on the mortgage applications.
    2008-02-20 03:54:00

  • MARKET SNAPSHOT: U.S. Stocks Higher At Open, But Quickly Shed Gains

    CNN Money - In broker news, Merrill Lynch took a more bearish view on the future for mortgage finance firms Freddie Mac (FRE) and Fannie Mae (FNM), downgrading the pair to sell from neutral.
    2008-02-22 07:17:00

  • Large lenders start to exit 100 per cent mortgage market

    The Independent - Melanie Bien, a director at the independent mortgage broker Savills Private Finance, said: "It is now much harder for those with little or no deposit to get on the housing ladder.
    2008-02-20 04:23:00

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