Mortgage and Financial News From 2008-4-20 Page 3
Previous Day: 2008-04-19
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Business briefing April 20 (The Olympian)
NEW BUSINESS
2008-04-20 02:59:07 -
Rates that are due to reset point to a new wave of foreclosures (The Tennessean)
Emerging from bankruptcy three years ago, Marcus Neal seemed an unlikely candidate for a home loan. But that didn't stop his lender.
2008-04-20 12:13:32 -
After rebuking Washington Mutual president, employee gets a phone call (Seattle Times)
The Washington Mutual employee who denounced President Steve Rotella at last week's shareholder meeting got an unexpected phone call a couple days later.
2008-04-20 12:39:20 -
SUSAN TOMPOR: This high return has high risk (Detroit Free Press)
As investors watch the mortgage meltdown and the carnage from the credit crunch, they're getting more nervous about the outlook for some investments once deemed as good as cash.
2008-04-20 12:47:22 -
After a job loss, set priorities for spending (The Morning Call)
Q: I'm 48, just lost my job, and soon will have no income. I get two weeks of pay and two weeks of vacation time; then nothing other than my wife's part-time job as a bank teller. We have three children -- 14, 13 and 9. Thankfully, my wife gets benefits. We are paying about $3,300 per month on our $168,000 mortgage, $48,000 home equity loan, and $26,000 in credit card debt. At what point do I ...
2008-04-20 12:50:14 -
Equity lenders tighten reins (The Columbus Dispatch)
Tapping the equity in your home to pay for a new roof or to consolidate debt is becoming more difficult.
2008-04-20 01:17:21 -
Douglas' economic stimulus speech (The Burlington Free Press)
Text of Gov. James Douglas' speech announcing his economic growth initiative:
2008-04-20 01:18:17 -
Workshop hands out foreclosure advice (The Desert Sun)
Ramon Reyes has a wife; two children, including an infant; a rising mortgage, and a lot of worry. "Right now it's at 7 percent; it started at 5 percent," the Cathedral City resident said of his mortgage.
2008-04-20 01:25:14 -
Piling On: Borrowers Buried by Fees (NYTimes.com via Yahoo! Finance)
A handful of public-minded bankruptcy court judges are exposing the questionable practices of the mortgage servicing business.
2008-04-20 01:40:03