Mortgage and Financial News From 2008-8-15 Page 2
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Bracing for Inflation (BusinessWeek)
Despite the recent softening of oil prices, the U.S. could be looking at double-digit inflation as early as 2009
2008-08-15 08:28:30 -
Know your policy before a storm (WTSP - Tampa Bay's 10 News)
It's a homeowner's worst headache, but state officials say obtaining insurance money to fix your home should be the least of your problems -- as long as you are prepared and have some know-how in dealing with adjusters.
2008-08-15 08:38:05 -
9/11 museum cost up - but giving is not (New York Daily News)
The cost of the National Sept. 11 Memorial & Museum is skyrocketing, but fund-raising for the now more than $1 billion effort is flat. "You are not going to find much more out there," said Mayor Bloomberg Friday on the John Gambling radio show.
2008-08-15 08:46:48 -
Columbus companies make Georgia Trend's top 100 list (Columbus Ledger-Enquirer)
Four Columbus companies -- Aflac, Synovus, TSYS and W.C. Bradley Co. -- have landed on Georgia Trend magazine's "Top 100 Companies" list.
2008-08-15 09:01:18 -
Cleaning Up Countryside Mess May Eat Into Your Tax Dollars After All (The Tampa Tribune)
Countrywide's acquisition by Bank of America Corp. was supposed to help keep the troubled mortgage lender from collapse. Things might not turn out exactly as planned.
2008-08-15 09:04:11 -
Among Charlotte judges, he gets the business (The Charlotte Observer)
Albert “Al” Diaz has had a busy three years at the N.C. Business Court in Charlotte.
2008-08-15 09:11:03 -
Editorial: Do you know where your ‘economic stimulus’ check is? (Melrose Free Press)
Do you know where your ‘economic stimulus’ check is? Apparently not everyone does. In fact, the Free Press was recently notified by the IRS and asked to help get the word out that some 150,000 individuals in Massachusetts — including nearly 600 residents in Melrose — had yet to claim their economic stimulus payment.
2008-08-14 07:11:40 -
UH Restarts Ride-Sharing Program (KITV Honolulu)
HONOLULU -- The University of Hawaii announced Friday it will bring back its online ride-sharing program to help students and school employees find alternate transportation to all 10 classes.
2008-08-15 07:20:25 -
Repossession: 'This will scar the children for life' - Guardian Unlimited
Peter Sastawnyuk borrowed £100,000 as a second mortgage three years ago. He thought it would help pay the bills but it led to the family home being repossessed this week. He battled with the mortgage company for more than two years after falling ...
2008-08-15 04:16:00 -
I'm buying a new home, is a bigger downpayment better? - Boston Globe
I have inherited some money and I am considering buying a condo. Is it better to use the money towards a larger downpayment and a smaller mortgage or should I go with a smaller downpayment and invest some of the money? It is hard to answer this ...
2008-08-15 05:06:00 -
David Prosser's Outlook: Help now for hard-up homeowners facing a ... - The Independent
What's to be done about the worrying trend of increasing home repossessions? Mortgage lenders were quick yesterday to point out that a 24 per cent rise in repossession orders does not necessarily mean all those people will leave their homes – a ...
2008-08-15 05:14:00 -
A wide generation gap on property ladder - Financial Times
Joy McCallin and her son Gabriel have both felt the tremors of the earthquake that has shaken the mortgage market since last August. But while Ms McCallin has been able to take advantage of the huge price growth of the past few years, Gabriel is part ...
2008-08-15 02:50:00 -
Fitch Takes Subsequent Actions on CWALT 2007-1T1 2005-2007 Alt-A Deal - Forbes
The rating actions reflect the upgrade of 1 super-senior class which, upon a subsequent review of all super-seniors, were determined to be particularly sensitive to Fitch's cashflow assumption that the servicer will not advance on defaulted loans in ...
2008-08-15 03:55:00 -
City Pacific freezes payouts - News.com.au
QUEENSLAND financier City Pacific has stopped making interest payments to 14,000 investors in its $900 million mortgage fund and extended a freeze on redemptions for a further six months. The announcement came as the embattled City Pacific unveiled ...
2008-08-15 04:31:00 -
Banks are lending less for homes (Irish Examiner)
IRISH banks are cutting the size of loans to first-time house buyers as they tighten lending terms in response to the credit shortage, Davy Stockbrokers said.
2008-08-15 04:45:57