Archive for March, 2008

Stocks Rise as Awful Quarter Ends

Monday, March 31st, 2008

Wall Street eyed the Treasury’s financial-industry oversight plan, a stronger than expected Chicago PMI, and big drops for Merck and Schering-Plough

Original post by Anthony

Stocks Mixed as Paulson Presents Plan

Monday, March 31st, 2008

Investors weighed the Treasury chief’s proposed overhaul of financial-industry regulation and an increase in the Chicago PMI

Original post by Anthony

Movers: Schering-Plough, Merck, Citigroup, IACI

Monday, March 31st, 2008

Monday’s stocks in the news

Original post by Anthony

Lenders still tightening up on mortgage lending

Monday, March 31st, 2008

Whilst many of us may think that the worst is over when it comes to difficulties in getting mortgages, recent reports have suggested that many lenders are continuing to tighten up on their lending cri…

Original post by default@goarticles.com (Reno Charlton)

Are you likely to be turned down for a mortgage loan?

Monday, March 31st, 2008

Recent reports have shown that consumers hoping to get a new mortgage or remortgage to a better deal are facing very bleak prospects, as more and more lenders take action to try and actively cut back …

Original post by default@goarticles.com (Reno Charlton)

HUD Secretary to Resign

Monday, March 31st, 2008

Reuters is reporting that the Secretary of Housing and Urban
Development will announce his resignation Monday morning. Secretary
Alphonso Jackson is expected to step down effective April 18. His
resignation reportedly comes after accusations that he improperly handled
the awarding of federal contracts within the department.

Original post by Darin

HUD Secretary to Resign?

Monday, March 31st, 2008

Reuters is reporting that the Secretary of Housing and Urban
Development will announce his resignation Monday morning. Secretary
Alphonso Jackson is expected to step down effective April 18. His
resignation reportedly comes after accusations that he improperly handled
the awarding of federal contracts within the department.

Original post by Darin

Massive Financial Regulatory Changes Proposed by Paulson

Monday, March 31st, 2008

Treasury Secretary Henry Paulson will confirm on
Monday widely circulating weekend rumors that the Bush Administration is
seeking a sweeping overhaul of financial regulatory
systems in the country.

Read More Now

Original post by Darin

Mortgage withdrawals

Monday, March 31st, 2008

Over the last 2 weeks there have been more and more lenders either increasing their mortgage rates or, eve…

Original post by default@goarticles.com (Simon Duffy)

10 Indicted In Colorado Fraud Scheme

Monday, March 31st, 2008

Colorado Attorney General John W. Suthers will announce the criminal indictment of ten individuals (a real estate broker, a mortgage broker, a secretary/assistant, a buyer and income property investors) operating as a group to unlawfully take equity cash out of real estate acquisitions.  The members of the enterprise used real estate contract amendments, falsified loan applications and/or falsified invoices to deceive mortgage lenders into paying money to the enterprise.  The money was paid through the use …

Read More…

Original post by default@goarticles.com (Robin OBrien)