Mortgage and Financial News From 2008-6-3 Page 8
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British lender's troubles hint at tough times ahead (International Herald Tribune)
The sharp deterioration in mortgages written by Bradford & Bingley points the way to further difficulties for Britain and its banking system.
2008-06-03 11:00:00 -
May 21, 2008 (The Champion Newspaper)
They could have just come to widow R.L. Clark ’s Decatur home in the dark of night, held her up at gunpoint and made off with her cash.
2008-06-03 01:03:31 -
Homeowners under pressure (The Natal Witness Group)
As median house prices continue their downward march, homeowners and investors have been warned that they should forget about real (after-inflation) returns on residential property until 2010.
2008-06-03 01:17:49 -
Bare Escentuals, Inc. Appoints President of Retail (wallstreet:online AG)
Bare Escentuals, Inc. (472195;Nasdaq:BARE) today announced the appointment of Michael Dadario as President
2008-06-03 01:19:25 -
Major UK banks to face challenging 2008 as pressure points build ... - CNBC
MUMBAI (Thomson Financial) - Fitch Ratings said the 2008 performance of major U.K. banks is likely to be weaker as several pressure points continue to build, given the weakened prospects for the wholesale and investment banking markets and the ...
2008-06-03 03:10:00 -
Overview: Bernanke’s comments trigger dollar revival - Financial Times
Ben Bernanke took centre stage on Tuesday as a strong hint by the Federal Reserve chairman that US interest rates were unlikely to be cut in the near-term helped divert attention away from the woes of the financial sector. In a rare reference to ...
2008-06-03 10:05:00 -
Thornburg Mortgage to delay filing 1Q report - CNN Money
NEW YORK (Associated Press) - Mortgage lender Thornburg Mortgage Inc. said Monday it will need more time to file its first-quarter earnings report to determine the value of sold investments. The company had previously said it would likely file its ...
2008-06-02 01:26:00 -
Option One Mortgage Corporation Company Profile - View Option One ... - Kansas City Business Journal
Sign-up Now for a Free Test Drive of a New Sales Prospecting and Leads subscription services. H&R Block division plans $1.6B debt placement [Kansas City] Block mortgage unit prices $1.6B in securities [Kansas City] Block mortgage unit will sell $1.3B ...
2008-06-03 10:55:00 -
Thornburg Mortgage Announces Further Delay in Reporting Quarterly Earnings and Receipt of NYSE Non-Compliance ... (Business Wire via Yahoo! Finance)
SANTA FE, N.M.----Thornburg Mortgage, Inc. , updating its May 19, 2008 press release, stated that it will require additional time to file its Quarterly Report on Form 10-Q for the first quarter.
2008-06-02 01:01:00 -
Thornburg Delays Earnings Report (TheStreet.com)
The mortgage lender's shares drop after hours.
2008-06-02 02:48:06 -
Viewpoint: Wrecking ball hits housing market (Guardian Unlimited)
Julia Finch: Any remaining doubt that the housing market is in freefall has been blown away
2008-06-02 04:12:06 -
All-America Financial, Inc. Launches ABCReverseMortgage.org, a New Reverse Mortgage Consumer Site (PRWeb)
All-America Financial, Inc, a mortgage broker in California has launched a new consumer site called ABCReverseMortgage.org to help provide seniors with assistance when obtaining reverse mortgages. This new site aims to help senior citizens remain financially independent during their retirement. (PRWeb Jun 3, 2008) Read the full story at http://www.prweb.com/releases/2008/06/prweb991554.htm
2008-06-03 12:23:33 -
Lender Lead Solutions Takes Lead on Code of Ethics (PR Newswire via Yahoo! Finance)
Lender Lead Solutions, the wholesale division of World Alliance Financial Corp., an industry leader in reverse mortgages, announced today that it has begun adopting the National Reverse Mortgage Lender Association's formal Code of Ethics and Ethics Advisory Opinion 2008-1 and 2008-2 for its members.
2008-06-03 07:09:00 -
Seniors Turning to Reverse Mortgages to Jump-Start Retirement in Slumping Housing Market (Business Wire via Yahoo! Finance)
SAN DIEGO----One large part of many retirees' plans is to sell their primary residence and either travel, use funds to enjoy a hobby or second career, downsize or relocate to a market with a lower cost of living.
2008-06-03 09:00:00 -
The Panglossian World of Finance (Resource Investor)
What easy money brought forth in the new century, tight credit will take away in the years to come. Herein find the origins of the subprime crisis and why it is likely to continue to unfold.
2008-06-03 10:41:57