Mortgage and Financial News From 2008-1-5 Page 13

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• Women team up to build Habitat home (The Palm Beach Post)

  Patricia Malone, a 46-year-old single mother, has a full-time job and an apartment in Stuart, where she's raised her 13-year-old daughter, Ciara, for the past three years. She's always wanted a place of her own. She even shopped around for a nearby townhouse, but quickly realized - a mortgage, plus the notoriously high property tax and insurance bills that come with life in Florida equalled too ...
  2008-01-05 04:09:27

• New VA Rules for Specially Adapted Housing Grants (WITN 7 North Carolina)

  A change in the law now allows certain seriously injured veterans and servicemembers to receive multiple grants for constructing or modifying homes.
  2008-01-05 04:28:34

• Government's record year of data loss (Daily Telegraph)

  A record 37 million items of personal data went missing last year, new research reveals.
  2008-01-05 04:53:02

• Jan. 4, 2008, Sedline (Sedalia Democrat)

  About the comment on the ’possum tails, I want to say that it is confirmed. My brother, who is an Ohio state trooper, I talked to him about it. He confirmed it.
  2008-01-05 05:32:13

• Testing Investors’ Faith in State Street (NYTimes.com via Yahoo! Finance)

  Now seems a peculiar time for shareholders to suspend their disbelief about the full impact the continuing credit crisis might have on financial services stocks.
  2008-01-05 05:40:18

• Banks cut back on discounted mortgage rates

  Sunday Business Post - Dowling said the changes were being applied by banks ‘‘across the board’’, and were as important to mortgage customers as the rate increases for new business recently announced by leading lenders such as Ulster Bank and AIB. Brokers have also ...
  2008-01-05 04:28:00

• Britain’s bank protection plan positive, say experts

  Gulf Times - Continuing pressure in credit markets and signs of a slowdown in the housing market have led to speculation that other UK mortgage lenders such as Alliance & Leicester and Bradford & Bingley, could also be hit, although neither is as dependent on ...
  2008-01-05 03:59:00

• Make the most of capped deals before power firms raise prices

  Times Online - Utility firms have become much more innovative in recent years, and many offer similar deals to mortgage lenders that fix your payments for a certain time, or put a cap on how much they can rise. However, some energy suppliers have already started ...
  2008-01-05 03:30:00

• Missouri Homeowners To Receive $99 Million From Mortgage Lenders

  HULIQ.com - 3 mortgage lenders were taken advantage of, so they say, by a mortgage brokerage who charged excessive fees on 2nd mortgages. Three mortgage lenders were ordered to pay $99 million in punitive damages to Missouri residents who were charged illegal ...
  2008-01-05 01:43:00

• Forecast 2008: Recession and Recovery - Gold Seek

  Forecast 2008: Recession and RecoveryGold Seek - 6 hours agoEven if the Fed cuts rates again and again, the banks still have to raise capital and become more prudent lenders. And that means the cost of borrowing is ...
  2008-01-05 11:47:36

• Lenders ordered to pay $99 million to customers - Belleville News Democrat

  Lenders ordered to pay $99 million to customersBelleville News Democrat,  USA - 6 hours agoAP Three mortgage lenders have been ordered to pay $99 million in punitive damages to Missourians who claimed they were charged illegal fees for second ...
  2008-01-05 11:58:31

• Missouri Homeowners To Receive $99 Million From Mortgage Lenders - HULIQ

  Missouri Homeowners To Receive $99 Million From Mortgage LendersHULIQ, NC - 3 hours ago3 mortgage lenders were taken advantage of, so they say, by a mortgage brokerage who charged excessive fees on 2nd mortgages. Three mortgage lenders were ...
  2008-01-05 02:13:21

• New £15bn fund for Rock rescue - Times Online

  New £15bn fund for Rock rescueTimes Online, UK - 2 hours agoGOLDMAN SACHS is close to completing a £15 billion financing package for use by bidders trying to rescue Northern Rock, the stricken mortgage lender. ...
  2008-01-05 03:03:30

• How $100 oil will change your life - Times Online

  How $100 oil will change your lifeTimes Online, UK - 2 hours agoShe is due to remortgage later this year, and credit conditions have already tightened, as lenders charge more and impose stricter conditions. ...
  2008-01-05 03:06:05

• Make the most of capped deals before power firms raise prices - Times Online

  Make the most of capped deals before power firms raise pricesTimes Online, UK - 2 hours agoUtility firms have become much more innovative in recent years, and many offer similar deals to mortgage lenders that fix your payments for a certain time, ...
  2008-01-05 03:43:45

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