Mortgage and Financial News From 2008-2-6 Page 5

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  • Don't anguish about those Joneses; it's no sin to live within your means (The Palm Beach Post)

    In a recent online discussion, I received a question about a problem that plagues many people.
    2008-02-06 09:16:18

  • PREVIEW-Commonwealth Bank's H1 profit seen up, outlook clouded (Reuters via Yahoo! Malaysia News)

    * What.
    2008-02-06 09:35:21

  • PREVIEW-Commonwealth Bank's H1 profit seen up, outlook clouded (Reuters Finance News, Australia via Yahoo!7 Finance)

    SYDNEY, Feb 7 (Reuters) - Commonwealth Bank of Australia Ltd CBA.AX, the country's second-largest lender, is expected to report a 7.8 percent rise in first-half profit amid robust loan growth, but higher funding costs and an equity market sell-off could crimp margins.
    2008-02-06 09:36:11

  • Lending a hand in loan crunch (Boston Globe)

    For months, Lowell’s leaders have been fielding calls from worried homeowners in this former mill city who have been struggling to make heir monthly mortgage payments and living with the looming threat of foreclosure.
    2008-02-06 09:37:15

  • Popular credit rating system to change (Savannah Morning News)

    MELVILLE, N.Y. - Bob Friedrich always pays his bills on time ... well, almost always.
    2008-02-06 10:08:05

  • Don’t sweat the ‘bling’ of others; eluding spending excess is success (Lawrence Journal-World)

    In a recent online discussion, I received a question about a problem that plagues many people. It has to do with the Joneses, or rather the ubiquitous family name used to refer to the friends, family, co-workers or neighbors we try to emulate with our own purchases.
    2008-02-06 10:14:36

  • 2008 Election Issues: Economy

    NPR News - Tax Policy: Like Clinton, Obama would reverse President Bush's tax cuts for upper-income taxpayers and provide 150 million ... stimulus package also contains policies aimed at the housing crisis, including reducing the down payment for FHA mortgages and ...
    2008-02-03 03:53:00

  • N. Rock team fears Virgin name will sway government

    Boston Globe - Thompson's plan would reverse the lending boom seen in 2006 and early 2007 that triggered the bank's near collapse almost ... markets, though it would not use its government support to compete aggressively with high street rivals for new mortgages or ...
    2008-02-06 12:58:00

  • Productivity Data Supports The Fed

    Forbes - ... that by the start of last year, housing prices halted their ascent and noncreditworthy borrowers who had gotten mortgages toward the end of the boom began to default. That set off a credit crisis that caused the central bankers to once again reverse ...
    2008-02-06 12:43:00

  • Swan attacks C'wealth Bank

    News.com.au - That would help home loan affordability. or Were your statements just a 5 second media grab, all wind and no substance ... To anyone who has their mortgages with the Commonwealth Bank, do yourself a favour, do some shopping and change your lender ...
    2008-02-06 04:40:00

  • N. Rock team fears Virgin name will sway govt - Guardian Unlimited

    N. Rock team fears Virgin name will sway govtGuardian Unlimited, UK - 13 hours agoThompson's plan would reverse the lending boom seen in 2006 and early 2007 that triggered the bank's near collapse almost five months ago, when it suffered ...
    2008-02-06 08:43:54

  • How bad will it get?

    CNN Money - The second is concrete actions to address the housing sector. The key issue is finding ways to write down mortgages on houses whose values have fallen substantially, without imposing large losses from foreclosures. Third, we need to repair the ...
    2008-02-06 05:55:00

  • Errors and how to compound them - Brisbane Times

    Errors and how to compound themBrisbane Times, Australia - 11 hours agoAsked what implications his research has in financial products such as reverse mortgages, where the compounding effect can be even greater if the lender ...
    2008-02-06 10:11:13

  • GM, Ford Optimistic on Sales

    Forbes - You could make a case that the second half of the year could be significantly better." Many analysts have been predicting ... Clarke said the majority of mortgages with adjustable rates will change over in the first two quarters of the year, and ...
    2008-02-06 03:57:00

  • Trade Of The Year: Reverse Margin Call - DealBreaker.Com

    Trade Of The Year: Reverse Margin CallDealBreaker.Com, NY - 9 hours agoTrader Monthly's annual Trade of the Year issue is out, and as you might expect the words “short” and “mortgages” are all over the top trades. ...
    2008-02-06 12:47:06

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