Mortgage and Financial News From 2008-4-10 Page 6
Previous Day: 2008-04-09
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Pay Back Student Loans for Less (Kiplinger Magazine via Yahoo! Finance)
Consolidate your debt after July 1 and lock in big savings.
2008-04-10 07:21:17 -
Housing Aid Advancing in Congress (NYTimes.com via Yahoo! Finance)
Although Congress and the Bush administration are clashing over how to help struggling homeowners, they seem united around the need for government action.
2008-04-10 07:41:09 -
Housing weakness is spreading, will be prolonged: Deutsche Bank (Market Watch)
Ongoing weakness in the market for previously owned U.S. homes is a signal the key spring sales season is off to a poor start and a reminder that softness in residential housing is still spreading, analysts said Thursday.
2008-04-10 07:54:31 -
Senator urges U.S. to insure new mortgages; aid vote looms (Market Watch)
Senate Banking Committee Chairman Christopher Dodd urged lawmakers Thursday to approve legislation that would allow the Federal Housing Administration to insure new mortgages for distressed homeowners.
2008-04-10 07:55:03 -
Senate expected to pass unpopular tax breaks (CNN Money)
Bipartisan package is aimed at providing relief for homeowners, businesses hurt by the housing crisis but many lawmakers say changes are needed.
2008-04-10 08:21:57 -
Buyers Get Upper Hand In Housing Market (WMTW Auburn)
The housing downturn has got real estate agents, buyers and sellers changing their strategies.
2008-04-10 08:34:06 -
McCain Seeks Aid for Some Homeowners (BusinessWeek)
Owners, lenders, and government would benefit if a home's value rose
2008-04-10 08:34:27 -
Cahill: Bridge plan too costly (Boston Globe)
CAMBRIDGE - State Treasurer Timothy P. Cahill yesterday disagreed with the governor's $3.8 billion plan to repair 411 bridges across the state, saying the proposal would excessively mortgage the state's financial future, and suggested the bond amount be cut by half.
2008-04-10 08:56:17 -
Stocks may fall, but execs' pay doesn't (USA Today)
A USA TODAY review of CEO pay for 50 of the largest companies in the Standard & Poor's 500 showed the median compensation last year was $15.7 million. The analysis includes data for companies that filed their proxies by the end of March. And smaller companies also compensate their CEOs very well.
2008-04-10 07:09:07 -
State mortgage brokers call for mortgage reform (The Athens News Courier)
MONTGOMERY, Ala. (AP) — The Alabama Mortgage Brokers Association has announced a plan that it says will help restore public trust through mortgage reform.
2008-04-10 07:09:56 -
Wall St flat; economic worry offsets Wal-Mart (EARTHtimes.org)
NEW YORK (Reuters) - Stocks were little changed on Thursday as reports of sluggish sales at major retailers heightened concerns about the economy's health and the impact of the housing slump on consumers, offsetting Wal-Mart Stores Inc's raised outlook.
2008-04-10 07:16:09 -
Bear Market Insurance (Kiplinger Magazine via Yahoo! Finance)
With markets in turmoil, a prophet of doom has reason to feel vindicated. But is his fund a prudent investment?
2008-04-10 07:21:04 -
The 25 Best Funds (Kiplinger Magazine via Yahoo! Finance)
Seven new names join our list of favorites.
2008-04-10 07:21:07 -
Steals in Tax-Free Bonds (Kiplinger Magazine via Yahoo! Finance)
Munis are so cheap now that they are a good deal even for people in lower tax brackets.
2008-04-10 07:21:19 -
Paulson Says US Economy Has 'Turned Down Sharply' (CNBC via Yahoo! Finance)
The U.S. economy has "turned down sharply" and is at risk for further weakening, US Treasury Secretary Henry Paulson said.
2008-04-10 07:21:32