Mortgage and Financial News From 2008-8-15 Page 7
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Fitch Downgrades $157.7MM & Withdraws $125.6MM from Fulton Street CDO, Ltd./Funding Corp. (Centre Daily Times)
Fitch downgrades and removes from Rating Watch Negative four classes of notes and withdraws one class of notes issued by Fulton Street CDO Ltd./Funding Corp. (collectively Fulton Street). The following rating actions are effective immediately:
2008-08-15 01:28:46 -
Brunswick Man Run Over, Dragged By Car Chasing Him (WJXT Jacksonville)
BRUNSWICK, Ga. -- A man is hospitalized with serious injuries after being run over and dragged more than 300 feet behind the car of a driver who chased him after an argument.
2008-08-15 01:29:25 -
Girl Mauled By Dog Says She 'Thought She Was Going To Die' (WTOV 9 Steubenville)
A Bellaire girl mauled by a dog more than twice her weight said she "thought she was going to die" during the attack.
2008-08-15 01:36:28 -
Broward EOC Monitoring Tropical Wave (Local 10 Miami)
Broward County emergency managers are monitoring a tropical wave and will be ready to partially activate the Emergency Operations Center as early as Sunday morning if it becomes a storm.
2008-08-15 01:44:19 -
Reuters Canada Business Summary (The Globe and Mail)
OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty said on Friday he expects solid growth in the Canadian economy despite a contraction in May. "(We're) staying on our economic plan, looking for solid economic fundamentals, solid growth for the Canadian economy, none of the bubbles that we've seen in the U.S., particularly in the housing sector," Flaherty told reporters in televised ...
2008-08-15 01:44:53 -
Police Arrest Suspect In Overland Park Rape (KCTV 5 Kansas City)
Police have arrested a suspect in a burglary and rape in Overland Park, Kan.
2008-08-15 01:45:28 -
Bay Bridge Lanes To Close Next Week (WBAL-TV Baltimore)
The Maryland Transportation Authority has announced roadway projects that will affect Bay Bridge traffic next week.
2008-08-15 01:46:20 -
Cuomo's ARS Probe Goes Full Blast (Forbes)
After wrapping things up with Wachovia, the New York attorney general sets his sights on Merrill Lynch.
2008-08-15 01:51:25 -
Alabama county facing biggest municipal bankruptcy in US history; sewer project created a mess (Newsday)
BIRMINGHAM, Ala. (AP) _ Alabama's largest county appears headed for the biggest municipal bankruptcy in U.S. history, a $3.2 billion mess created by the nation's credit crunch and a colossal, corruption-riddled sewer project.
2008-08-15 01:51:57 -
Q&A: What to do if you are faced with repossession - Times Online
The number of homeowners at risk of losing their homes because they have fallen behind on their mortgages has risen by nearly a quarter in the past year, figures showed today. The Ministry of Justice revealed that a total of 28,658 mortgage ...
2008-08-15 04:28:00 -
Morgan Stanley cuts some GSE ties as advises gov't - Reuters
WASHINGTON, Aug 15 (Reuters) - Morgan Stanley will refrain from many dealings with Fannie Mae (FNM.N: Quote , Profile , Research , Stock Buzz ) and Freddie Mac (FRE.N: Quote , Profile , Research , Stock Buzz ) while the investment bank advises the U ...
2008-08-15 11:23:00 -
9 pitfalls for buyers - Newsday
So it's officially a buyers' market, and you're all geared up to find a home that makes your heart sing. But, despite advantages in the buyers' favor, at least for now - prices that still seem to be falling, low interest rates and lots of houses to ...
2008-08-15 09:50:00 -
State launches reverse-mortgage website - Boston Globe
The commonwealth of Massachusetts said today it has launched a new website to help educate older home owners about the pros and cons of reverse mortgages and the desirability of seeking financial counseling when considering one. The website's address ...
2008-08-15 08:17:00 -
Shelter responds to rise in mortgage possession claims across the ... - Politics.co.uk
Shelter responds to rise in mortgage possession claims across the country In response to new mortgage possession statistics from the Ministry of Justice, Shelter chief executive Adam Sampson today accused mortgage lenders of ‘still using ...
2008-08-15 10:18:00 -
How To Ease Your Way Through A Florida Real Estate Acquisition (Turks.US)
Buying a home is one of the most satisfying, yet stressful project you will encounter in your entire life.
2008-08-15 08:41:48