Mortgage and Financial News From 2007-8-28 Page 11
Previous Day: 2007-08-27
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Schools want to ease your tuition struggles (Bankrate.com via Yahoo! Finance)
By using grants and making other changes to financing, many colleges are trying to help students graduate debt free.
2007-08-28 10:00:00 -
Debt now outstrips UK's GDP (Cambridge Evening News)
BRITAIN'S "buy now, pay later" culture has led to consumer debt exceeding the annual amount generated by the national economy, according to new research.
2007-08-28 03:07:32 -
In Volatility, Redemption for Manager (New York Times)
The debacle in mortgage lending that spurred wild daily swings in the markets has tripped up many hedge funds.
2007-08-28 02:56:13 -
Financial Shares Sell-Off Grips Markets
CNBC - The topic there this year is all about real estate and mortgage lending but traders are watching Bernanke's comments closely ... Growth solves all problems, including bad credit and high inflation," he said. Whither the Dow? John O'Donoghue, head of ...
2007-08-28 01:33:00 -
Barclays shares fall despite Sachsen denial
Daily Telegraph - ... to German bank Sachsen, which has been one of the hardest hit by the global credit ... Sachsen's SIV-Lite, a fund developed for clients that invest in long-term US mortgage ... crisis, caused by concerns about where an estimated $300bn (£150bn) of bad sub ...
2007-08-28 01:40:00 -
More bad news in housing sector sends stocks lower
St. Louis Post-Dispatch - new york — Stocks fell after a report showed the glut of unsold houses rose to a 16-year high last month and analysts said reduced demand for mortgage securities may hurt earnings at Countrywide Financial Corp. Financial stocks were the biggest ...
2007-08-28 07:13:00 -
U.S. economic worries leave investors on edge
Reuters UK - Wall Street looked set for a weak start a day after soft U.S. housing data hit shares of U.S. banks, brokers and mortgage ... They are going to remain a bit touchy and sensitive to the slightest bit of bad news or the slightest bit of good news ...
2007-08-28 12:14:00 -
As Mortgage Mess Unravels, Some Investors Clean Up
Washington Post - Some fund managers think they can even make money in high-risk mortgage products, which Wall Street blames for bringing down the credit markets, which hurt the ... Panics like these create standard, good old-fashioned runs on the bank, and the bad apples ...
2007-08-28 10:48:00 -
NABE: Bad Credit Tops U.S. Economic Threat
Post Chronicle - The subprime mortgage financial crisis has replaced terrorism as the biggest short-term threat to the U.S. economy, a national research group said Monday. The National Association for Business Economics said 32 percent of its surveyed members cited ...
2007-08-28 01:04:00 -
NABE: Bad credit top U.S. economic threat (UPI)
The subprime mortgage financial crisis has replaced terrorism as the biggest short-term threat to the U.S. economy, a national research group said Monday.
2007-08-28 02:59:34 -
Experts: Bad Credit Tops Terrorism As No. 1 Worry (CBS 2 Los Angeles)
Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported Monday. A survey by the National Association of Business Economics found borrowers' withering ability to pay their bills and the subsequent fallout in the credit markets this summer topped the list of short-term risks on peoples' minds.. CBS News Interactive: Eye On ...
2007-08-27 02:15:00 -
Bad credit tops terrorism as biggest immediate risk to U.S. economy, reports (CNews)
NEW YORK (AP) - Bad credit has supplanted terrorism as the gravest immediate risk threatening the U.S. economy, a key national research group reported Monday.
2007-08-27 09:08:04 -
NABE: Bad credit biggest risk to economy (Fort Worth Star-Telegram)
By DAN SEYMOUR Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported Monday. Borrowers' withering ability to pay their bills and the subsequent fallout in the credit markets this summer topped the list of short-term risks on peoples' minds, according to a survey of 258 members conducted by the National Association of ...
2007-08-27 09:22:54 -
NABE: Bad Credit Biggest Risk to Economy (Washington Post)
NEW YORK -- Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported Monday.
2007-08-27 12:05:37 -
Mortgage ads still tempt amid recent credit crunch (The Palm Beach Post)
On aol.com this week, the Internet-based loan company Lending Tree offered "bad credit options" and a $425,000 loan for only $1,376 a month.
2007-08-28 01:59:15
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