Mortgage and Financial News From 2008-3-18 Page 5
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Umbrella Coverage for Preventing Your Ruin (NYTimes.com via Yahoo! Finance)
For those with major assets, an extra insurance policy can take care of one’s liability for the nightmarishly unexpected.
2008-03-18 12:39:01 -
Aftershocks of a Collapse, With a Bank at the Epicenter (NYTimes.com via Yahoo! Finance)
For employees of Bear Stearns, many of whom have spent most of their professional lives at Bear, the sudden collapse was unfathomable.
2008-03-18 12:39:03 -
What will steady shaky financial system? (The Christian Science Monitor)
Two keys: Stabilize home values while keeping Wall Street calm, analysts say.
2008-03-18 12:58:25 -
Tenancy-in-common 'lottery hell'
San Francisco Gate - ... TIC owners say the odds don't really get any better because although only 200 ... In a TIC, partners are bound together by a shared mortgage. ... These mortgages carry higher interest rates and are harder to qualify for than ...
2008-03-14 05:53:00 -
Fed cuts key funds rate by three quarters of a point to 2.25 pct UPDATE (The Forex Market)
WASHINGTON (Thomson Financial) - Just two days after an extraordinarily rare Sunday decision to cut the discount rate, Federal Reserve Board chairman Ben Bernanke and his colleagues cut the more important federal funds rate target by three quarters of a percentage point.
2008-03-18 01:08:52 -
(AFX UK Focus) 2008-03-18 19:55 GMT: Fed cuts key funds rate by three quarters of a point to 2.25 pct UPDATE (Interactive Investor)
(Updates with analyst reactions)
2008-03-18 01:13:43 -
Hong Kong shares sharply lower as Bear Stearns woes heighten credit ...
Forbes - ... guarantee up to 30 bln usd of troubled mortgage and other assets that got Bear Stearns, the nation's fifth-largest investment bank, into trouble. ... The bailout only added to the worries about ...
2008-03-15 05:59:00 -
(AFX UK Focus) 2008-03-18 19:53 GMT: Fed cuts funds rate 0.75 point (Interactive Investor)
WASHINGTON (AP) - The Federal Reserve on Tuesday slashed a key interest rate by three-fourths of a percentage point, moving aggressively to contain a credit crisis threatening to push the country into a severe recession.
2008-03-18 01:14:00 -
Stocks Extend Gains As Rate Decision Looms
Stockhouse Canada - ... ramped even higher in midday trading Tuesday as the Fed's announcement on interest ... The downside was scant, with only seven of 197 industry groups losing ground. ... Goldman booked $1 billion in losses on residential mortgage loans and securities ...
2008-03-18 10:53:00 -
Sender E-mail
DailyTech - ... who aught not to be borrowing money (i.e. approving someone with 30k/year income a 300,000$ mortgage), as well as predatory contracts wherein the interest ... I can without hesitation say that of all the managers I have had only 2 were worth the paycheck ...
2008-03-18 11:07:00 -
New Rifts Over Economy
Wall Street Journal - ... mentioned proposals to place a 90-day moratorium on home foreclosures, an interest ... by cutting taxes on the middle class, something he criticized his rival for only ... in new guarantees to refinance delinquent mortgages that lenders and mortgage ...
2008-03-18 07:54:00 -
Americans pay again
Detroit Free Press - It is, of course, in the interest of no one -- big or small -- to have those markets seize up. ... will pay dearly, as they should, for the bank's bad bets on mortgage ...
2008-03-18 08:09:00 -
JOB: English-speaking Sales Execs - Stockholm
Local - You have to register to add comments, but that only takes a few seconds. To find out more about The Local's Discuss ... Tue Mar 18, 2008 8:47 pm Post subject: Variable interest mortgage rates! Quote
2008-03-18 12:41:00 -
Fitch Upgrades Jefferson ESD (California) $4.1MM COPs to 'AA ...
Forbes - The district's only remaining outstanding obligation will be $250,000 in non ... dramatically and the Stockton metropolitan statistical area's securitized mortgage ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
2008-03-18 12:55:00 -
Bush: more help if needed for economy
Boston Globe - However, the president said his administration would act only "in a way that ... At the root of the economy's woes is the collapse of the subprime mortgage market. ... The Fed has approved a series of interest-rate cuts -- including another on Tuesday ...
2008-03-18 12:55:00