UK recovery from recession stronger than expected
UK recovery from recession stronger than expected
British economic growth in the final quarter of 2009 was revised upward slightly on Friday, assuaging fears that a second estimate on the data would reveal that the country hadn’t exited recession after all.
Read more on San Diego Union-Tribune
Analysis: Sampling of editorials from NY state
Analysis: Sampling of editorials from NY state
Whether you agree with the new regulation or not, you’ll have to make sure you have a carbon monoxide detector in your home. Amanda’s Law, which requires the installation of the detectors in all homes in New York state, went into effect Monday.
Read more on Greenwich Time
Categories: mortgage merge Tags: Analysis, editorials, From, Sampling, State
Obama takes $1.5 billion from bank bailout to aid homeowners
Obama takes $1.5 billion from bank bailout to aid homeowners
President Obama sought to give a needed lift to Senate Majority leader Harry Reid’s re-election chances on Friday, crediting him with helping stave off a depression over the past year while rolling out a $1.5 billion mortgage program meant for a handful of states that have endured waves of home foreclosures.
Read more on Q13 FOX Seattle
Categories: mortgage merge Tags: $1.5, Bailout, Bank, billion, From, Homeowners, Obama, Takes
McLeod withdraws from SC governor’s race
McLeod withdraws from SC governor’s race
Democrat Mullins McLeod withdrew from the 2010 gubernatorial race Friday and endorsed his formal rival, State Senator Vincent Sheheen.
Read more on WCBD-TV Charleston
Categories: mortgage merge Tags: From, governor’s, McLeod, race, withdraws
Housing finance firms want relief from base rate
Housing finance firms want relief from base rate
Housing finance companies (HFCs), which rely heavily on banks for funds, have said that loans taken by them should be exempted from the proposed base rate system.
Read more on rediff.com
Paying “bribes” to keep people from defaulting on mortgages or trashing their homes during foreclosures
Paying “bribes” to keep people from defaulting on mortgages or trashing their homes during foreclosures
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Categories: mortgage merge Tags: bribes, defaulting, during, Foreclosures, From, Homes, Keep, Mortgages, Paying, people, their, Trashing
Wiebo Ludwig relatives excluded from peace bond bid
Wiebo Ludwig relatives excluded from peace bond bid
A judge has denied the RCMP’s attempt to have two additional members of convicted bomber Wiebo Ludwig’s family summoned to court
Read more on National Post
Can living near a train station save you from foreclosure?
Can living near a train station save you from foreclosure?
The Ride: Can living near a train station save your house? Researchers looked at mortgage defaults in three cities and foundsomething curious — the chance of foreclosure is higher inneighborhoods more dependent on cars, according to a report by the Natural Resources Defense Council , which included data from Chicago’sCenter for Neighborhood Technology.
Read more on Chicago Sun-Times
Categories: mortgage merge Tags: foreclosure, From, living, Near, Save, station, train
Fed Seeks Help From Money Funds to Drain $1 Trillion (Update1)
Fed Seeks Help From Money Funds to Drain $1 Trillion (Update1)
The Federal Reserve is in talks with money-market mutual funds on agreements to help drain as much as $1 trillion from the financial system as policy makers prepare for the first interest-rate increase since June 2006, according to a person familiar with the discussions.
Read more on BusinessWeek
Banks trim borrowing from emergency Fed loans
Banks trim borrowing from emergency Fed loans
Banks trimmed borrowing from the Federal Reserve’s emergency loan program over the past week, adding to evidence that credit problems are easing.
Read more on Seattle Times