Mortgage and Financial News From 2008-6-8 Page 5
Previous Day: 2008-06-07
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What's happening (Redlands Daily Facts)
Redlands First United Methodist Church's All Church Follies show that was scheduled this weekend has been postponed until October.
2008-06-07 08:39:57 -
Reverse mortgages come with pitfalls for seniors (The Post and Courier)
The increasing popularity of this financing option for the 62 and older set has revealed some potential problems that can be avoided by asking questions, doing the proper homework and taking what smooth-talking salesmen say with a grain of salt.
2008-06-07 09:20:28 -
Retirement pitfalls: Women need to plan for their future (The News-Press)
The economic slowdown has made it harder for many people to keep up their pace of saving for retirement.
2008-06-07 10:17:30 -
Yonkers forum offers advice on dealing with housing expenses (The Journal News)
YONKERS - City resident Beryl Weaver isn't in danger of losing her home, but went to yesterday's housing forum to make sure her 29-year-old daughter isn't either.
2008-06-07 11:37:41 -
How the housing slump can affect reverse mortgages (Los Angeles Times)
2008-06-08 12:21:03 -
Seller carryback mortgage ripe with benefits (Lodi News-Sentinel)
DEAR BOB: What is a seller carryback mortgage, which you often mention? --Mary J. DEAR MARY: When you buy a property and the seller finances all or part of your purchase price, acting like a mortgage lender, that is called a seller carryback mortgage.
2008-06-08 12:30:22 -
Southwest Riverside County community news briefs for Sunday, June 8 (North County Times)
What's Happening Meeting about quarry slated TEMECULA ---- Two town hall meetings about the proposed Liberty Quarry will be held Tuesday at Temeku Hills Country Club. There will be sessions from 9 a.m. to noon and 5 to 8 p.m.
2008-06-08 01:07:09 -
Long-term care questions answered (The Cincinnati Enquirer)
The Council on Aging of Southwestern Ohio will answer questions on planning for long-term care 5 to 7 p.m. July 2 at its "Own Your Future" forum at the Mason Community Center, 6050 Mason-Montgomery Road.
2008-06-08 02:48:19 -
Mortgage Brokers Weathering The Storm - New London Day
East Lyme -- It all began at New England Savings Bank, a venerable institution taken down 15 years ago by the last major real-estate downturn. But the three partners of Diamond Mortgage Co. in Niantic face the current economic uncertainties with ...
2008-06-08 10:13:00 -
Bad credit-file data? There is no magic wand - Los Angeles Times
WASHINGTON -- Picture this: You're eager to take advantage of today's troubled residential real estate market and buy a foreclosed house at a fire-sale price. The problem is, you don't have much money on hand for a down payment, and your credit files ...
2008-06-07 03:19:00 -
Hawaii groups launch assistance drive (Honolulu Advertiser)
Lifetouch National School Studios takes nearly 300,000 school portraits every year in Hawai'i and wants to cover
2008-06-08 04:13:28 -
Risky loans; Laredo bears economic turbulence stoically (Laredo Morning Times)
The subprime mortgage crisis has reared its head in Laredo with a notable increase in foreclosures, but Webb County is not as bad as other parts of the state, and local business leaders expect the community to pull through in time as the city continues to grow.Foreclosures sales in Laredo have doubled in the last two years.
2008-06-08 05:46:13 -
RPT-Wall St Week Ahead: Oil, CPI may give stocks a rough ride (Reuters via Yahoo! Philippines News)
(Repeats column initially transmitted late Friday, updates with stock indexes' losses for the year)
2008-06-08 08:13:38 -
Editorial: Reserve Bank shows unease (The New Zealand Herald)
It is always somewhat unnerving when the Reserve Bank resorts to drastic action. A minor tweak here and there is its normal mode of operation. It is even more discomforting when a monetary policy statement from the Governor differs greatly from that uttered only three months previously.
2008-06-08 10:01:08 -
Marshall Loeb's Daily Money Tip: How to buy rental property and take advantage of a down market (Market Watch)
Prices on property are dropping in many areas and while that is bad news if you’re looking to sell it puts the ball in your court if you’re interested in buying. Buying rental property in a down market can be a lucrative investment but there are some factors you should consider before you jump in.
2008-06-08 12:07:51