Mortgage and Financial News From 2007-12-28 Page 8

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  • Trump casinos roll with $493M credit line

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... Trump Entertainment Resorts rose Friday, after the company said it arranged a new line of credit to pay off its mortgage ...
    2007-12-28 08:45:00

  • Bear Stearns CEO sells stock

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... Bear Stearns has been at the heart of this year's liquidity crisis, which has pushed scores of mortgage lenders out of ...
    2007-12-28 10:18:00

  • Shaping up subprime-loan mess

    Orlando Sentinel - I think the government has no business getting involved with the homeowners who have these so-called subprime loans. These homeowners made the decision to finance their homes with these risky loans. The mortgage companies can pressure you or try to ...
    2007-12-28 09:49:00

  • No fraud in $1.5B Genesco buyout: Judge

    CNN Money - feed://rss.cnn.com/rss/money_news_companies.rss ... in 2007 is due to general economic conditions such as higher gasoline, heating oil and food prices, housing and mortgage ...
    2007-12-28 01:24:00

  • Georgia NAACP Files Mortgage Lawsuit

    TriVallyCentral - ... the investment they make in their homes," the statement said. "Our company also has played a leadership role within the mortgage industry in assisting its own customers, as well as those whose mortgages are serviced by other mortgage companies, in ...
    2007-12-28 12:19:00

  • Singapore Fund, U.S. Firm Invest Billions in Merrill (Washington Post)

    NEW YORK, Dec. 24 -- Merrill Lynch, facing steep losses from mortgage-related investments, said Monday that it would receive a cash infusion of up to $6.2 billion from Singapore's Temasek Holdings and U.S. money manager Davis Selected Advisors.
    2007-12-28 03:30:39

  • Stock Funds Gain Least in 2 Years on Property, Subprime Losses (Bloomberg.com)

    Dec. 28 (Bloomberg) -- U.S. equity mutual funds rose 8.7 percent in 2007, the least in two years, as the collapse of the subprime-mortgage market dragged down shares of real estate and financial companies.
    2007-12-28 05:12:51

  • USD Sues Car Rental Companies Over Rates (KGTV San Diego)

    The University of San Diego is suing seven rental car companies, claiming they colluded to fix prices.
    2007-12-28 12:47:20

  • Survey indicates that mortgage woes put some creditors in a pinch (Austin Business Journal)

    A survey released Wednesday finds that fallout from the mortgage sector is spilling over into the broader economy, impacting companies across industries and their ability to collect payments.
    2007-12-27 12:45:33

  • House prices fell by up to 11% in Q3 2007

    Politics.ie - If you go to a mortgage broker who claims to be independent, and he sells you the worst mortgage on the market because he is being paid to by that company, then you have a right to go to the financial regulator and demand compensation. If most of ...
    2007-12-28 03:15:00

  • Barriers to trust

    South China Morning Post - On Christmas Eve, Temasek invested US$4.4 billion for a stake of just under 10 per cent in Merrill Lynch to shore up the US broker's capital base following heavy losses in risky US mortgage-related loans. Earlier in December in similar circumstances ...
    2007-12-28 01:45:00

  • Economy feels effects of subprime disaster

    Bucyrus Telegraph Forum - The turmoil over subprime mortgages has led to a slew of legislation at the federal and state levels, and a sense that the troubled market is rippling into other sectors of the economy. This month President Bush unveiled a plan with the mortgage ...
    2007-12-28 04:20:00

  • Energy, budget and social issues on tap for Md. General Assembly

    HometownAnnapolis.com - Middleton, D-Charles, said state task forces on mortgage lending could result in legislation, including measures relating to mortgage broker identification and training. Lt. Gov. Anthony Brown also is expected to push for legislation to help prepare ...
    2007-12-28 08:37:00

  • Mummers + 2

    Philadelphia Daily News - He, for one, will need it, since the 45-year-old mortgage broker and his wife, each with an adolescent from previous marriages, are expecting a baby in May. "We're starting all over again," he said. Adelphia New Year's Association: The Nuclear Option ...
    2007-12-28 08:52:00

  • Expatriates sad, worried about their families

    MSNBC - I'm not too much into the politics of it all, but it's very sad, a very sad day," said the former mortgage broker from Newbury Park who is preparing to start a new career as an attorney. Like many Pakistani expatriates living in Ventura County, Sheikh ...
    2007-12-28 08:30:00

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