Mortgage and Financial News From 2008-7-30 Page 2
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National business briefs: Socially responsible fine lined up (The Kansas City Star)
Pax World Management Corp. has agreed to pay a $500,000 fine because it failed to follow its own socially responsible investing criteria over a five-year period, when two of its mutual funds invested in gambling and liquor, and oil and gas exploration.
2008-07-30 09:39:00 -
Sweeping legislation offers some relief for home, mortgage markets (Pittsburgh Post-Gazette)
The housing bill signed into law by President Bush yesterday aims to prop up the hobbled home and mortgage markets and stanch a flood of foreclosures. ...
2008-07-30 09:46:12 -
Second Homes Beckon as Real Estate Prices Drift Down (The New York Sun)
It may be the best time in more than a decade to buy a country house. While some homebuyers are waiting for Manhattan real estate prices to decline, others are finding deals in the exclusive second-home markets outside New York City. In Litchfield County, the North Fork of Long Island, and Dutchess and Columbia counties in upstate New York, which have been more affected by the national housing ...
2008-07-30 09:55:40 -
Fed takes steps to break through credit clogs (St. Louis Post-Dispatch)
WASHINGTON — Focused on getting the nation's credit gears smoothly working again, the Federal Reserve will continue to let Wall Street firms draw emergency loans into next year and is giving financial companies more options to help them overcome credit problems.
2008-07-30 09:58:12 -
INTERVIEW-IAC's Tree.com broadens approach to loan advice - Forbes
NEW YORK (Reuters) - Tree.com, the online lending broker to be spun out of IAC/InterActiveCorp (nasdaq: IACI - news - people ), aims to weather a sweeping credit crisis by expanding its services for student loans, insurance and other categories. Best ...
2008-07-29 08:30:00 -
Morgan Stanley Said to Hire Eck to Boost Retailer Dealmaking - Bloomberg
July 30 (Bloomberg) -- Morgan Stanley hired investment banker Michael Eck from Citigroup Inc. to win more deals from retailers, who have tended to pick rival Wall Street firms for merger advice. Eck, 45, will run Morgan Stanley's retail-company ...
2008-07-30 03:24:00 -
ING DIRECT announces approx. 90% of Interhyp shares tendered; public ... - WebWire
ING DIRECT N.V. announced today that 89.55 percent of Interhyp shares have been tendered in its public takeover offer for Germany’s largest independent residential mortgage distributor, giving it a controlling stake in the company. ING DIRECT is ...
2008-07-30 07:53:00 -
Question or Comment: - CNBC
Terms of Submission: Thank you for emailing CNBC. Because of the high volume of e-mail, we can't respond to every e-mail individually. If you would like us to consider your question (a "Submission") for an upcoming program or online content, please ...
2008-07-30 11:49:00 -
'Backward' move can pay off - Chicago Tribune
Like millions of Americans, Bill and Helen Bluett's greatest financial asset is their home, a Spanish-style dwelling just a quarter of a mile from the ocean in San Clemente, Calif. Selling the place and buying a cheaper one elsewhere could have ...
2008-07-30 12:10:00 -
A mortgage of convenience - Chicago Tribune
For first-time home buyers Joshua and Latoya Washington, the mid-February arrival of their high-efficiency furnace was a cause for celebration -- sweet reward for pursuing an energy-efficient mortgage. The loan allowed the Washingtons to roll the ...
2008-07-30 08:50:00 -
Pulte Homes Applauds Passage of Housing Stimulus Package (PR Newswire via Yahoo! Finance)
Pulte Homes applauds President Bush for signing into law today a comprehensive housing bill passed earlier by Congress.
2008-07-30 02:06:00 -
Struggling Banks Turn To Social Networking (InformationWeek)
Fiserv has launched a Facebook application called MyMoney that lets users pay bills, make transfers, and check balances.
2008-07-30 03:03:36 -
McCain’s cacophonous Cabinet (Politico via Yahoo! News)
Republican faithful have grumbled in recent weeks about the lack of a consistent message from John McCain’s campaign on key issues, leading observers to wonder what McCain’s top advisers are thinking.
2008-07-30 03:57:00 -
As Seen On TV: Mortgage 101 (ABC News)
Learn more about how to avoid mortgage scams.
2008-07-30 04:07:11 -
Post Positions (Washington City Paper)
Brauchli Is Good for You: Or is he? (March Bryan-Brown/Getty Images) Busting a Move The mortgage crisis may have silver lining for the newpaper biz. Posted: April 30, 2008
2008-07-30 04:12:47