Mortgage and Financial News From 2008-4-11 Page 8
Previous Day: 2008-04-10
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Troubled US homeowners fall prey to 'rescue' scams (Straits Times)
EASTPOINTE - AMONG the byproducts of the US housing crisis is a surge in scams that cheat people out of their money, their homes, or both, under the guise of offering to rescue them from foreclosure.
2008-04-11 02:50:47 -
McCain outlines plan to ease U.S. housing crisis (Washington Post)
NEW YORK (Reuters) - Republican presidential candidate John McCain outlined plans on Thursday to ease the burden on struggling American homeowners, drawing fire from Democratic rivals who accused him of a half-hearted effort.
2008-04-11 03:17:18 -
China Construction Bank 2nd-Half Profit Rises 51% (Update1) (Bloomberg.com)
April 11 (Bloomberg) -- China Construction Bank Corp. , the nation's second-largest financial institution, posted a 51 percent increase in second-half profit on higher lending margins and rising demand for asset management services.
2008-04-11 03:35:55 -
Check rates before trying CD auction (Bankrate.com via Yahoo! Finance)
Investors who stay on top of rates should do fine at a CD auction, says Dr. Don Taylor.
2008-04-09 03:00:00 -
Trash talk fails to solve problems (Baltimore Examiner)
When Chance Burke is Melinee Werrell's age, the year will be 2096. Chance is 6 years old, and she arrived the other evening at Mayor Sheila Dixon's Neighborhood Conversation full of hope and promise. Werrell is 94. She said she has been waiting for years and years for help from the city. Everybody hopes Chance won't have to wait until she, too, is 94 before help arrives.
2008-04-10 12:19:21 -
States crack down on tax-free online purchases (MSNBC)
Attention online shoppers: If you favor Web retailers who do not collect sales taxes, you've become inadvertent, yet budget-savvy, tax cheats.
2008-04-10 12:38:35 -
A Capital Opportunity for Option Investors (Morningstar.com via Yahoo! Finance)
Seize on Mr. Market's fear of this consumer capital provider.
2008-04-10 12:39:00 -
Ira Epstein & Company Weekly Metal Report (GoldSeek.com)
I am of the belief that economically speaking, the USA is making economic headway. “Headway” however is a relative term.
2008-04-10 09:05:44 -
Review: Maureen McGovern's long and winding road takes you back (Contra Costa Times)
Performing at the Rrazz Room, singer deftly interprets classics of the '60s
2008-04-11 12:32:38 -
McCain calls for aid to homeowners (Philly.com)
WASHINGTON - Changing course, Sen. John McCain yesterday called for federal aid to distressed homeowners, saying, "There is nothing more important than keeping alive the American dream to own your own home."
2008-04-11 12:40:39 -
HE'S A COP AND 'ROBBER' (New York Post)
A rookie NYPD cop was busted yesterday for an armed bank robbery in Pennsylvania, authorities said. Christian Torres, 21, a transit officer who lives in Queens, waited outside a Sovereign Bank branch in Muhlenberg Township shortly after 8 a.m...
2008-04-11 01:05:16 -
Overseas investors set to pounce on troubled U.S. housing markets (MENAFN)
Overseas investors set to pounce on troubled U.S. housing markets
2008-04-11 01:06:12 -
Fed chief says prevent next crisis now (The Tuscaloosa News)
WASHINGTON | Federal Reserve Chairman Ben Bernanke said Thursday that regulators must move ahead on ways to prevent a future financial crisis from occurring even as they battle one that threatens to plunge the country into recession.
2008-04-11 01:36:01 -
Stevens Attacked as Australia Housing Cools, Inflation Quickens (Bloomberg.com)
April 11 (Bloomberg) -- Reserve Bank of Australia Governor Glenn Stevens , who has helped steer the nation's economy through 16 years of uninterrupted growth , is under fire for jeopardizing the expansion.
2008-04-11 01:46:39 -
U.S. financial model can be fixed, Bernanke says (Washington Post)
RICHMOND, Virginia (Reuters) - U.S. and international financial system overseers need to put in place soon reforms to restore confidence in markets disrupted by a credit crisis, Federal Reserve Chairman Ben Bernanke said on Thursday.
2008-04-11 01:52:10