Mortgage and Financial News From 2008-3-25 Page 2
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S&P says home prices fall by record 10.7 percent in January (Savannah Morning News)
NEW YORK - Home prices in many cities continued to plunge by record levels in January as sellers cut their asking bids and rising foreclosures took their toll, new data showed Tuesday.
2008-03-25 09:55:42 -
To benefit from Fed interest-rate cuts, you'll have to work at it (Market Watch)
In a gloomy market, where the headlines have been dominated by crisis and interest-rate cuts, a lot of consumers have figured that they would at least get some payback when the rate cuts hit home.
2008-03-25 04:55:42 -
It's crunch time: Surviving the credit crisis (Independent)
Are people who remortgage in for a shock? What are the best deals?
2008-03-25 05:30:23 -
Town briefs (Minneapolis-St. Paul Star Tribune)
The city council will soon lose some familiar faces. Council Member Steve Sommer recently announced he will resign April 15 because he is moving out of state.
2008-03-25 05:41:01 -
Town briefs (Minneapolis-St. Paul Star Tribune)
Matt Sanford of Orono received a Volvo for Life Award last week during a ceremony in New York City. The awards -- Sanford was one of three winners nationally -- recognize "heroes" from around the country.
2008-03-25 05:44:12 -
New Zealand consumer confidence drops to decade low (The Forex Market)
WELLINGTON (Thomson Financial) - Consumer confidence in New Zealand has dropped to its weakest level in a decade amid rising prices and mortgage rates, falling house prices and global market turmoil, a survey found Wednesday.
2008-03-25 07:09:58 -
Television - Business (Scoop.co.nz)
Consumer confidence appears to have been hit hard by the recent rash of negative economic news.
2008-03-25 08:02:05 -
FBI: The New Crime On The Block - House Stealing (Scoop.co.nz)
What do you get when you combine two popular rackets these days--identity theft and mortgage fraud? A totally new kind of crime: house stealing. * The con artists start by picking out a house to steal--say, YOURS.
2008-03-25 04:34:23 -
City poised for mortgage scam crackdown (Financial Times)
City police are preparing a big increase in mortgage fraud probes under a plan that highlights alarm about the impact of the problem on business and residential property markets.
2008-03-25 04:54:25 -
Bush Pardons 15 and Commutes Another (Las Vegas Sun)
Tue, Mar 25, 2008 (11:52 a.m.) President Bush pardoned 15 people Tuesday and commuted the prison sentence of another. Bush has been stingy about handing out such reprieves. With about nine months left in his administration, he has granted 157 pardons.
2008-03-25 04:59:28 -
UK-World Summary (Reuters via Yahoo! Malaysia News)
Iraqi forces battle for control of oil city
2008-03-25 05:27:16 -
McCain addresses housing crisis options (AP via Yahoo! News)
Republican John McCain on Tuesday derided government intervention to save and reward banks or small borrowers who behave irresponsibly though he offered few immediate alternatives for fixing the country's growing housing crisis.
2008-03-25 07:03:35 -
Realtor sentenced to 54 months in detention center (The Florida Times-Union)
BRUNSWICK - A Glynn County Realtor was sentenced Tuesday night to at least 54 months in a detention center for stealing more than a half-million dollars from four friends who went into business with him on real estate projects.
2008-03-25 07:18:54 -
Examiner.com Related Articles: (The San Francisco Examiner)
The housing turmoil has rocked Wall Street and is dominating the presidential race as the nation faces an economic downturn and the Federal Reserve has taken steps to intervene.
2008-03-25 07:19:11 -
D.C. Man Victim Of Identity Theft, Mortgage Fraud (NBC4 Washington, D.C.)
A D.C. man says he was the victim of identity theft that almost cost him his home.
2008-03-25 07:32:22