Mortgage and Financial News From 2008-8-19 Page 5
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CBA considers stake in Aussie home loans - paper (Stuff)
The Commonwealth Bank (CBA), Australia's No 2 bank by assets, is considering buying a stake in non-bank lender Aussie Home Loans, the Australian Financial Review has reported.
2008-08-19 05:18:52 -
Who's Speaking At DNC? (KMGH 7 Denver)
The Democratic National Convention Committee and the Obama for America Campaign on Tuesday announced that the gavel will drop at 3 p.m. on the first three night of the DNC -- not 4 p.m. as planned.
2008-08-19 05:29:57 -
Crean Officially Signs 10-year Deal With Indiana (WRTV Indianapolis)
Indiana University made it official with new men's basketball coach Tom Crean on Tuesday, signing the former Marquette mentor to a 10-year contract.
2008-08-19 05:37:52 -
Housing and Economic Recovery Act expected to boost market (San Jose Mercury News)
The Housing and Economic Recovery Act of 2008, which was signed into law by President Bush on July 31, won't open the floodgates for all buyers, but it is a boon for first-time homebuyers and homeowners struggling with subprime loans, as well as the mortgage industry, according to local
2008-08-19 05:45:37 -
DIA Greets Convention Goers (KMGH 7 Denver)
The city of Denver and Colorado Democrats are laying down the welcome mat for guests to the Democratic National Convention
2008-08-19 06:14:03 -
GOP Plans Its Own Speeches During Dem Convention (KMGH 7 Denver)
Democrats won't have the show to themselves next week during their convention.
2008-08-19 06:14:13 -
A&L raises 400 mln pounds in RMBS sale - Reuters UK
LONDON (Reuters) - Alliance & Leicester (ALLL.L: Quote , Profile , Research ) raised 400 million pounds from bonds backed by prime residential mortgages on Monday, only the second such deal from an issuer this year, a lead manager on the deal said ...
2008-08-19 06:25:00 -
AIG Falls as Goldman Says a Capital Raise Is `Likely' (Update4) - Bloomberg
Aug. 19 (Bloomberg) -- American International Group Inc. , the biggest U.S. insurer by assets, led the decliners in the Dow Jones Industrial Average after Goldman Sachs Group Inc. said it's ``increasingly likely'' the firm will have to raise more ...
2008-08-19 01:13:00 -
How the Housing Law Affects Reverse Mortgages - US News and World Report
The housing bill signed by President Bush on July 30 raises the amount seniors can borrow using federally backed reverse mortgages and lowers the cost of getting the cash. But aging experts say you should still be cautious before spending down your ...
2008-08-18 01:00:00 -
A guide to reverse mortgages - Boston Globe
Massachusetts officials have launched a website aimed at providing senior citizens with guidance on reverse mortgages, which let homeowners over age 62 borrow against the equity of their homes. Some seniors trying to get by on fixed incomes have used ...
2008-08-18 12:24:00 -
Top Scoops (Scoop.co.nz)
Corrupted by wealth and power, your government is like a restaurant with only one dish. They've got a set of Republican waiters on one side and a set of Democratic waiters on the other side.
2008-08-18 06:03:14 -
Mortgage payment leeway offered (The Clarion-Ledger)
A new policy by Freddie Mac gives some people with delinquent mortgage payments more time to reach an agreement. It could be a boost in a state where nearly 10 percent of homeowners are behind on their house payments.
2008-08-18 11:33:38 -
A&L sells 400 mln stg mortgage-backed bond (Interactive Investor)
Tue 19 Aug, 2008 13:40
2008-08-19 06:43:45 -
Doubly Bad Economic News (BusinessWeek)
July wholesale inflation surged, while new-home construction slowed to a pace not seen since the 1991 Gulf War
2008-08-19 08:58:09 -
Signs of changing seasons (The Payson Roundup)
Even though summer weather lingers in Rim Country for several more weeks, there are subtle hints of autumn in the air. The sun rises later in the morning and sets earlier in the evening; its rays slant lower in the sky and with less intensity than at midsummer.
2008-08-19 01:06:12