Mortgage and Financial News From 2008-3-26 Page 4
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U.S. markets seen losing ground to global competitors (EARTHtimes.org)
WASHINGTON (Reuters) - U.S. capital markets again lost ground against global competitors last year, highlighting the need to streamline regulation and crack down on excessive securities litigation, industry experts said on Wednesday.
2008-03-26 12:05:55 -
Divorce proceedings held up because homes aren't selling (County Press)
LAPEER - The glut of abandoned and vacant homes sitting unsold throughout Lapeer County are devastating to separating couples who want to make a fresh start.
2008-03-26 12:15:19 -
CIBC Reluctant to Buy Back Stock Now, McCaughey Says (Update1) (Bloomberg.com)
March 26 (Bloomberg) -- Canadian Imperial Bank of Commerce , the country's fifth-biggest bank, is reluctant to buy back stock in the ``foreseeable future,'' to keep cash on hand for potential debt writedowns, Chief Executive Officer Gerald McCaughey said.
2008-03-26 12:47:29 -
Should You Unlock Capital From Your Home? (The Motley Fool)
Does it make sense to borrow more money against your home?
2008-03-26 11:21:05 -
The next bailout: Homeowners (CNN Money)
The federal government is keeping Bear Stearns out of bankruptcy. Are you next?
2008-03-26 11:25:10 -
Television - Business (Scoop.co.nz)
Blue Chip's founder Mark Byers is to be reported to the "appropriate authorities" after he failed to show at today's meeting of about 300 angry creditors in Auckland.
2008-03-26 11:32:07 -
Fitch Ratings Affirms MSCI 2006-HQ10 (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has affirmed Morgan Stanley Capital I Trust's commercial mortgage pass-through certificates, series 2006-HQ10, as follows:
2008-03-26 11:36:00 -
International Forecaster March 2008 (#5) - Gold, Silver, Economy + More (GoldSeek.com)
The following are some snippets from the most recent issue of the International Forecaster. For the full 25 page issue, please see subscription information below.
2008-03-26 11:38:39 -
Fitch Downgrades $25.7MM & Affs $392MM from 4 CBA Comm'l Asset Small Balance CMBS Deals (Business Wire via Yahoo! Finance)
NEW YORK----Following a review of the CBA Commercial Assets, LLC, series 2004-1, 2005-1, 2006-1, 2006-2 small balance U.S. CMBS transactions, Fitch Ratings has downgraded the following small balance bonds:
2008-03-26 11:39:00 -
What you should know about the economic stimulus package (The Delaware Business Ledger)
Editor's note: David has over 20 years of experience in all aspects of auditing, taxation and financial planning. He is a partner at Wheeler, Wolfenden & Dwares, Certified Public Accountants and Tax Director at the Firm. Dave can be reached by telephone at (302) 254-8240 or by email: dwolfenden@wwd-cpa.com
2008-03-26 11:44:54 -
Madigan sues Advantage Mortgage for deceptive practices (Chicago Sun-Times)
Illinois Attorney General Lisa Madigan filed a lawsuit against Chicago-based mortgage broker Advantage Mortgage Consulting accusing the company and its president, Robert Enright, of engaging in deceptive lending practices that have led to the loss of at least one consumer’s home.
2008-03-26 09:15:21 -
Personal Finance Daily: Personal Finance Daily: You have to work to get rate-cut benefit (Market Watch)
Two messages ring loud and clear from recent housing and mortgage data: If you have good credit and want to refinance your mortgage, now is the time; and if you have debt other than your mortgage and have access to or can acquire an equity line on your home, now is the time.
2008-03-26 09:26:11 -
(AFX UK Focus) 2008-03-26 16:00 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT (Interactive Investor)
2008-03-26 15:28:15 Treasurys rise on durable goods report
2008-03-26 09:29:38 -
US new home sales drop, but prices improve (TODAYonline)
A "For Sale" is seen in front of a large new home in Centerville, Virginia in 2007. Sales of new homes fell 1.8 percent across the United States in February as the property market remained mired in one of its worst downturns in decades, a government report has shown.
2008-03-26 09:33:01 -
New home sales slip to 13-year low, but top forecasts. (CNNMoney.com via Yahoo! Finance)
New home sales fell to their lowest level in 13 years in February, according to a key government report on the battered housing market released Wednesday.
2008-03-26 09:37:00