Mortgage and Financial News From 2008-8-21 Page 13
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Fringe Banking and Cash America International (CSH) (TradingMarkets.com via Yahoo! Finance)
Fringe banking has grown substantially with millions of households with no banking relationship. For Investors, the volatility within this consumer market, and especially with CSH, is worth taking a look at.
2008-08-20 05:22:00 -
22 Buy To Let Mortgage Bargains (The Motley Fool)
What are the best deals available at the moment for buy-to-let borrowers?
2008-08-20 07:23:18 -
Eight Amazing Offset Mortgage Deals (The Motley Fool)
Mortgage borrowers who have savings are in luck!
2008-08-20 07:24:18 -
How to Get a Mortgage in Today's Market (Today's News-Herald)
(ARA) - Whether you're buying your first home or looking for a larger home, now may be the time to act. Not only do interest rates remain relatively low, in many markets you can get much more house for your money than you could just a few years ago.
2008-08-20 10:44:22 -
Indian shares fall 1.7 pct but Tata Motors up - Reuters India
MUMBAI, Aug 21 (Reuters) - Indian shares fell as much as 1.7 percent on Thursday as a rise in oil prices fanned inflation expectations and raised the possibility of higher borrowing costs that could worsen falling demand for a wide range of products ...
2008-08-20 10:51:00 -
Poinciana Home Sales Barely Increase - The Ledger
POINCIANA | Despite a slight increase in the sales of existing homes in this community of more than 70,000 residents, it's not enough to suggest that the real estate slump is coming to an end. In fact, according to Realtor Dahrlene Zeanwick, with ...
2008-08-20 08:57:00 -
Homeowners left in the lurch (San Diego Union-Tribune)
When he took out a $206,000 home-equity line of credit in 2007, Kevin Hall thought he'd secured all the funding he'd ever need for a major remodeling project at his Carlsbad home. That's why his heart skipped a beat when he went online in February to transfer money from his account. He discovered that his credit line had been slashed to $72,000. Formal notification wouldn't arrive in the mail ...
2008-08-21 03:20:21 -
Lenders reject multiple credit applications (Guardian Unlimited)
Around 5% of people have been turned down for a mortgage or credit card since last year, according to GE Money
2008-08-21 03:25:48 -
Down payment assistance bites the dust (Bankrate.com)
A countdown clock on a Web site operated by Nehemiah Corp. of America is ticking off the days, hours, minutes and seconds until a new government ban will terminate virtually all seller-funded down payment assistance programs in the United States.
2008-08-21 03:58:49 -
ICBC Becomes World's Most Profitable Bank on Loans (Update3) (Bloomberg.com)
Aug. 21 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. earned a record 64.5 billion yuan ($9.42 billion) in the first half to become the world's most profitable bank as a focus on domestic lending helped it avoid the global credit crisis.
2008-08-21 04:01:58 -
County treasurer suing 'walkaway' banks (Mansfield News Journal)
MANSFIELD -- Richland County has sued four out-of-town banks accused of taking ownership of local homes, then letting taxes go unpaid.
2008-08-21 04:13:59 -
POLL-TAKE A LOOK-Reuters polls and surveys - Reuters UK
TOP POLL STORIES > McCain takes 5-point lead over Obama [ID:nN19486724] > Europe, Japan faltering; U.S. recovery in '09 [ECILT/WRAP] > Fed on hold for foreseeable future, dealers say [FED/R] > ECB to hold interest rates well into 2009 [ECB/INT ...
2008-08-21 12:32:00 -
Banks Warn Credit Card Legislation May Hurt, Not Help Consumers - Bloomberg
Aug. 21 (Bloomberg) -- Frank Chan said he had been a loyal Citibank cardholder for 20 years when he was told by a customer service agent that stopping a check payment would cost him $29. He said he was shocked to see on his next credit-card statement ...
2008-08-20 11:34:00 -
Fed's Fisher says current U.S. rates very low - Reuters
ASPEN, Colo., Aug 19 (Reuters) - Current U.S. interest rates are very low, with evidence suggesting that price pressures are spreading outside of energy and food, Dallas Federal Reserve President Richard Fisher said on Tuesday. Fisher also said he is ...
2008-08-19 07:51:00 -
BoE hints interest rates could be cut - This is Money
The Bank of England is finally signalling that lower interest rates could be on the way as the inflationary menace begins to moderate. Amid signs that industry could be tumbling into recession, the Bank said the 'upside risk to inflation had probably ...
2008-08-21 01:22:00