Mortgage and Financial News From 2008-10-10 Page 11
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For Europe, the credit crunch is here (International Herald Tribune)
The downward spiral of financial events since the bankruptcy filing of Lehman Brothers has eviscerated European business and consumer confidence.
2008-10-10 09:37:16 -
Student loans delayed by crisis (Tallahassee Democrat)
The financial uncertainty on Wall Street has trickled down to Tallahassee college students, making it more difficult to pay school tuition because of loan delays, Florida A&M officials say.
2008-10-10 09:40:17 -
Litigation and Tax Quartet Join Sheppard Mullin San Francisco (Marketwire via Yahoo! Finance)
Peter S. Hecker, Neil A.F. Popovic, Anna S. McLean and Joanne M. Garvey have joined the San Francisco office of Sheppard, Mullin, Richter & Hampton LLP as partners. Hecker, Popovic and McLean join the firm's Business Trial practice group, and Garvey joins the Tax practice. The group most recently practiced together at Heller Ehrman in San Francisco. This group brings to 10 the total number of ...
2008-10-10 09:49:00 -
Crunch hits consumers - Toronto Star
Lisa Wright Rita Trichur Business Reporters Whether you're a small business person or a consumer looking to buy a car or a home, it's becoming harder to get credit. Toronto mortgage broker Ranjit Dhaliwal says credit is "most definitely" tightening ...
2008-10-10 03:50:00 -
South Windsor - Hartford Courant
A 38-year-old mortgage broker escaped prison time but was fined $10,000 Monday for a multilayered mortgage fraud that cost a Coventry couple their home. South Windsor police say a 60-year-old man attacked his wife with a hammer and broke her skull ...
2008-10-03 03:54:00 -
Requiem for a dream home - Financial Times
The doorway looks like the entrance to a prison cell: an unpainted steel hatch with a giant padlock hanging from it. The estate agent unlocks it and heaves the cover open, revealing a normal front door behind. “You need it in these flats to stop ...
2008-10-03 02:14:00 -
FBI arrests man for half-dozen bank heists - San Diego Union-Tribune
CYPRESS – The FBI has arrested a man alleged to be a ballcap-wearing bank robber dubbed the “assistant coach bandit” – and he's a coach. James Ramsdell, a former subprime mortgage broker who coaches Orange County youth baseball and soccer ...
2008-10-03 01:45:00 -
Halifax raises mortgage rates - Guardian Unlimited
There was another blow for homeowners today as it emerged the UK's largest mortgage lender is about to reduce its range and put up prices on the remaining deals. Halifax, which is to become part of Lloyds TSB after shares in its parent company HBOS ...
2008-10-03 10:32:00 -
Lenders rush to withdraw best mortgage deals just hours after being ... - Daily Mail
Lenders axed many of their best deals within a day of being handed £500bn in taxpayers' cash Mortgage giants axed many of their best deals within a day of being handed up to £500billion in taxpayers' cash. The moves make a mockery of the Government ...
2008-10-10 04:47:00 -
Home Builders, Broker Charged With Theft: 3 Are Accused of Collecting ... - Washington Post
They promised to deliver brick-front colonials in a sparkling new subdivision in Upper Marlboro, homes on as much as an acre of land for as little as $370,000. Instead, the home builders and the mortgage broker pocketed payments from 11 buyers and ...
2008-10-10 05:30:00 -
Europe's stocks in free fall after Wall Street drops - 4th Update (EARTHtimes.org)
Frankfurt - European shares plummeted Friday as investors dumped shares on Wall Street amid fears the credit squeeze could trigger a prolonged global recession. With New York's losses quickly gaining momentum following its opening Friday, Europe's be...
2008-10-10 07:21:24 -
Economic Crisis: Story Ideas and Expert Commentary (Newswise)
With questions over the economy's future becoming more numerous by the day, the business, management and finance experts at the University of Alabama at Birmingham (UAB) School of Business are able to provide answers on a range of issues. Six UAB experts offer expert commentary on six topics connected to the country's economic crisis. All are available for print and broadcast interview.
2008-10-10 07:34:11 -
U.S. Treasuries Fall on Concern Bailouts to Boost Debt Supply (Bloomberg)
Oct. 10 (Bloomberg) -- Treasuries fell on speculation the U.S. government will sell more debt to finance a rescue of the financial system as confidence in financial markets deteriorated worldwide.
2008-10-10 07:37:48 -
Nashville home sales continue to slide (WBIR-TV Knoxville)
Fewer listings could signal sellers are waiting for market recovery; September had the fewest closings for the month since 1998, according to Greater Nashville group.
2008-10-10 08:06:06 -
Strongsville man guilty of mortgage fraud (The Sun Star)
Robert Huff of Strongsville has been found guilty of mortgage fraud involving a newly constructed house in Solon. After a two-day trial, Huff, 46, was found guilty of two mortgage fraud-related crimes -- theft by deception and security a writing...
2008-10-10 08:23:45
