Mortgage and Financial News From 2008-6-5 Page 3
Previous Day: 2008-06-04
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Home-grown vegetables grow in popularity (Reuters via Yahoo! News)
Almost 70 years after Britons were urged to Dig For Victory to produce hearty home-grown food to help the war effort, domestic horticulture is coming back.
2008-06-05 05:41:04 -
Canadian Commercial Paper Plan Approved by Court (Update1) (Bloomberg.com)
June 5 (Bloomberg) -- A Canadian judge approved a plan to convert C$32 billion ($31.5 billion) of frozen commercial paper to new notes that mature within nine years over objections of noteholders who have indicated they will appeal to retain their right to sue sellers of the debt.
2008-06-05 05:47:22 -
Stocks Gain On Unemployment, Sales Reports (WCBS-TV New York)
Wall Street surged Thursday as investors looked past a sharp rebound in oil prices and focused on comforting news about the economy — better-than-expected retail sales and a drop in the number of laid-off workers seeking unemployment benefits.
2008-06-05 06:33:35 -
MBIA, Ambac Rating Cuts Threaten A$13 Billion Australian Bonds (Bloomberg.com)
June 6 (Bloomberg) -- The credit ratings on about A$13 billion ($12.4 billion) of Australian securities guaranteed by MBIA Inc. and Ambac Financial Group Inc.
2008-06-05 06:36:27 -
Moody’s May Downgrade Ratings of MBIA and Ambac Units (NYTimes.com via Yahoo! Finance)
Moody’s said that it was likely to cut the top ratings of the bond insurance arms of MBIA and Ambac Financial, in a move that may cripple their ability to write new insurance.
2008-06-05 06:37:48 -
Nearly 1 in 10 Homeowners Face Loan Problems (NYTimes.com via Yahoo! Finance)
The default rate is rising even among homeowners with good credit who do not hold risky subprime loans.
2008-06-05 06:37:50 -
Measure A supporters cheer election results - Palo Alto Weekly
E-mail this topic. Print this topic. The mood was ebullient Tuesday night at the Measure A election party when the election returns rolled in showing that the bond measure extension was heading to a victory by a big margin. Photo by Danielle Vernon ...
2008-06-03 05:57:00 -
Clinton says she'll endorse Obama - Globe and Mail
H L from Calgary, Canada writes: Wow, Hans, even a broken clock is right twice a day - I didn't think it was possible to do worse than that. Wrong about Clinton and the convention, and wrong about this mythical tape (where rabid race-baiters heard ...
2008-06-05 03:46:00 -
It’s No Time to Be Water-Resistant - Philadelphia Daily News
Here is one benefit of the mortgage crisis: Boat enthusiasts who have discarded slip ownership as something out of their financial reach may find that, even in the water, it is a buyer’s market. Prices of wet and dry slips have dropped during the ...
2008-06-02 05:58:00 -
Wachovia Home Mortgages - Colleyville Courier
Compare Loans, Calculate Payments, Get Pre-Approved. All Online. Who has the time to do a newsletter ? We do. Left Field Media produces high-quality mortgage newsletters that are completely customizable and include three original articles per month ...
2008-06-05 12:44:00 -
Halifax sees house prices fall 2.4% in May - Times Online
House prices fell by 2.4 per cent in May, wiping £4,000 off the price of an average home in what analysts called an alarming development. The price of an average home is now £184,111, down from £188,704 in April, according to Halifax, the UK's ...
2008-06-05 03:17:00 -
Good News About Your Pension (The Motley Fool)
Here's how to make sure you have a big enough pension to retire on and why you probably don't need as much as you think.
2008-06-04 04:53:19 -
Launch of Sorted’s new reverse mortgage calculator (Scoop.co.nz)
The calculator was developed by the Retirement Commission and the Ministry for Social Development, in consultation with industry and independent financial experts.
2008-06-04 07:09:05 -
What to know about FHA loans (Bankrate.com via Yahoo! Finance)
FHA-insured loans lagged during the housing boom, but are skyrocketing now. What do borrowers need to know?
2008-06-05 03:00:00 -
June 1, 2008 (Elk Grove Citizen)
Q: I’m trying to determine if a reverse mortgage is right for my mother. Her home is paid for, but she has very little income each month and from time to time we need to help her out. She just turned 62, so I know she is now eligible for one. Do you think it would be wise for her to get one?
2008-06-05 12:03:03