Mortgage and Financial News From 2008-1-21 Page 5

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  • Wall St's earnings outlook darkens-Reuters survey - Guardian Unlimited

    Wall St's earnings outlook darkens-Reuters surveyGuardian Unlimited, UK - 14 minutes agoIt also unveiled about $16 billion in mortgage-related write-downs and adjustments. (Reporting by Ritsuko Ando; Editing by Ben Tan and Quentin Bryar)
    2008-01-21 10:33:57

  • Toronto stock market takes biggest one-day plunge since tech ... - The Canadian Press

    Toronto stock market takes biggest one-day plunge since tech ...The Canadian Press - 13 minutes agoEconomists have suggested that a US housing slump sparked by a credit crisis linked to the collapse of the subprime mortgage industry will force consumers ...
    2008-01-21 10:35:40

  • HSBC Falls to Four-Year Low as Finance Stocks Extend Slump - Bloomberg

    HSBC Falls to Four-Year Low as Finance Stocks Extend SlumpBloomberg - 10 minutes ago... financial services companies plunged worldwide on concern that more losses related to the US subprime mortgage crisis could slow global economic growth. ...
    2008-01-21 10:38:10

  • A recession might look a lot like today's picture (Akron Beacon Journal)

    Economists and politicians can debate all they want about whether the nation is sliding into its first recession in nearly seven years. To Chuck Rizzo, the picture is clear.
    2008-01-21 10:37:18

  • In Asia, Global Market Decline Accelerates (NYTimes.com via Yahoo! Finance)

    Markets in Tokyo, Hong Kong and Sydney fell further in the opening hours of trading Tuesday than they had all day on Monday.
    2008-01-21 10:39:29

  • Your Calendar - East Lake County (The Times of Northwest Indiana)

    Find out all the events going on in your community, and plan your week’s activities with The Times.
    2008-01-21 10:39:29

  • Global selloff has Wall Street jittery today (Houston Chronicle)

    Asian stock markets opened sharply lower today, continuing a plunge that spread worldwide Monday amid worries that U.S. economic woes could turn global boom times to bust.
    2008-01-21 10:44:54

  • Recession or not, pain widespread (Houston Chronicle)

    Economists and politicians can debate all they want about whether the nation is sliding into its first recession in nearly seven years. To Chuck Rizzo, the picture is clear. Rizzo was recently laid off from his customer service job at a home builder in Sarasota, Fla. His grocery bill is higher nowadays, and he can barely afford his mortgage payments.
    2008-01-21 10:45:04

  • We Need More Government Regulation Because Corruption Has Run Amok

    Seattle Post Intelligencer - After its chairman acknowledged that "market discipline has in some cases broken down," the Federal Reserve released new mortgage lending rules "to protect consumers against fraud [and] deception." Banks making sub-prime loans will be required to ...
    2008-01-20 03:55:00

  • Governor, General Assembly grapple with foreclosure crisis

    HometownAnnapolis.com - Gov. Martin O'Malley last week proposed a set of emergency regulatory reforms and bills to target predatory lending and mortgage fraud, more efficiently inform homeowners about foreclosures and create stricter licensing regulations. In addition ...
    2008-01-21 11:58:00

  • Florida To Launch Campaign Against Mortgage Fraud

    CBS 4 South Florida - FORT LAUDERDALE (CBS4) ― State investigators are concerned that as foreclosures rise, scams by people claiming to rescue homes from foreclosures will rise as well, so Tuesday the Florida Attorney General's Office is expected to make a big ...
    2008-01-20 03:55:00

  • Lone SEC Democrat To Leave Jan. 31

    Washington Post - The agency has a major role in policing corruption in the stock markets and protecting investors from fraud and abuses. In response to widespread problems with mortgage-backed investments, SEC enforcement officials have opened three dozen ...
    2008-01-21 09:45:00

  • Man jailed over store food safety plot

    Eastern Daily Press - ... was in dire financial straits and money was his motive. Ward, of the Port Way, Saddlebow Road, Lynn, admitted intending to cause economic loss to Morrisons in Lynn last August 10 by contaminating goods in the store. He also admitted mortgage fraud on ...
    2008-01-21 09:16:00

  • FACTBOX: Floridians to vote in Republican primary - Reuters

    FACTBOX: Floridians to vote in Republican primaryReuters - 9 hours agoIts market is suffering from the biggest condominium glut in decades and Florida leads the nation in mortgage fraud, according to the Mortgage Asset ...
    2008-01-21 12:53:08

  • Iowa Attorney General Wants Protections for Borrowers - DSNews.com

    Iowa Attorney General Wants Protections for BorrowersDSNews.com, TX - 9 hours ago... can be modifications of loans so foreclosure can be avoided, and proposing laws that will prevent mortgage fraud that so often leads to foreclosure.”
    2008-01-21 01:20:49

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