Mortgage and Financial News From 2008-3-17 Page 8

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  • New "Credit-Aid" Corporate Pro-1000 Professional Credit Repair Software Provides Critical Tools to Help More Qualify ... (Marketwire via Yahoo! Finance)

    The award-winning Los Angeles software company "Credit-Aid" (aka: The Credit Doctor) today announced the launch of its newest product: Credit-Aid Corporate PRO-1000 Professional Credit Repair Software.
    2008-03-17 02:38:00

  • Danny Schechter: As Big Banks Fall: The Bear Has Fallen and the Bull is Gone (HuffingtonPost)

    This could be the end of an era of legalized greed, aided and enabled by the deregulation policies of the Busheviks with the active complicity of so many worshippers at the temple of the Free Market.
    2008-03-17 02:38:55

  • Shareholders unanimously vote in favor of Carlyle Capital's liquidation (International Herald Tribune)

    Carlyle Capital, an affiliate of the U.S.-based buyout firm Carlyle Group, was hit severely by the impact of the credit crisis on leveraged investors.
    2008-03-17 02:45:41

  • Potential homeowners look for deals amid slow economy (WFMJ Youngstown)

    Many Ohioans are hoping to cash in on the slow housing market and become first-time homeowners. The Columbus Board of Realtors reports that 16,000 houses were on the market in January, the most on record.
    2008-03-17 02:46:09

  • Dems Tackle Economic Woes From Campaign Trail (WCCO Minneapolis/St. Paul)

    Democratic Sen. Barack Obama urged the government Monday to cut middle class taxes this year to ease the spreading economic crisis, as he and rival Sen. Hillary Rodham Clinton criticized President Bush for failing to take the lead in addressing the nation's economic woes.
    2008-03-17 02:56:23

  • Students may soon face loan battles (News 14 Carolina)

    CHARLOTTE -- Financial problems may no longer be limited to the mortgage market, as some believe the crisis is now seeping in to the student loan sector.
    2008-03-17 02:57:35

  • (AFX UK Focus) 2008-03-17 21:26 GMT: Wilbur Ross buys H&R Block's Option 1 (Interactive Investor)

    KANSAS CITY, Mo. (AP) - H&R Block Inc. said Monday it has signed an agreement to sell its troubled mortgage servicing business for $1.1. billion to billionaire investor Wilbur Ross.
    2008-03-17 02:58:09

  • Goldman, Lehman earnings put spotlight back on financial strength of ...

    San Diego Union-Tribune - The Federal Reserve is expected to help try to alleviate that impasse Tuesday by cutting its target interest rate by at least half a percentage point, which would make it cheaper to borrow money.
    2008-03-17 10:33:00

  • Obama, Clinton cite economic distress

    Seattle Post Intelligencer - I'm not going to second guess the Fed," Clinton said, either on its steps to consummate the sale of Bear Stearns, on its decision to assume the risk of some of mortgage loans now assumed by JP Morgan Chase or on a decision to cut a key interest rate.
    2008-03-17 01:39:00

  • Clintons Prod Dems on Delegate Strength

    Philadelphia Inquirer - The Fed also lowered a key interest rate. In her speech on the war, Clinton criticized President Bush and Sen. John McCain, the certain Republican nominee, as well as Obama.
    2008-03-17 01:10:00

  • Eroding confidence stings bank shares

    International Herald Tribune - Massive interest rate cuts by the Federal Reserve have helped little, since lenders lack confidence in borrowers, but the U.S. central bank is still expected to cut borrowing costs again when it meets Tuesday.
    2008-03-17 01:32:00

  • Markets tumble after Bear Stearns rescue fails to reassure

    Guardian Unlimited - Money markets moved to price in even more interest rate cuts than already expected from central banks. UK rate futures are now pricing in a whole percentage point of base rate cuts by year-end.
    2008-03-17 08:38:00

  • Zimmer Holdings, Inc. Adds Robert Hagemann and Cecil Pickett to Board ...

    Forbes - ... organizations, our ability to retain the independent agents and distributors who market our products, general industry and market conditions and growth rates and general domestic and international economic conditions including interest rate and ...
    2008-03-17 01:32:00

  • Oil plummets on economy worries

    CNN Money - ... than a year ago. Oil's steep decline -- falling $4.17 to $106.04 a barrel on the New York Mercantile Exchange -- came hours after futures rose to a new trading high of $111.80 on the Federal Reserve's surprise Sunday move to lower a key interest rate ...
    2008-03-17 09:36:00

  • Homeowners face new rate rise

    News.com.au - AUSTRALIAN homeowners and investors are facing more interest rate misery after the near collapse of American banking giant Bear Stearns yesterday. The US investment bank had to be given an emergency loan by rival JP Morgan, backed by the Federal ...
    2008-03-15 04:33:00

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