Mortgage and Financial News From 2008-7-7 Page 4
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Fortress Financial Group, Inc. -- Substantial Stock Repurchases - MSN MoneyCentral
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company has repurchased an amount of 14,709,083,248 shares of its Common Stock and cancelled an additional amount of 1,500,00,000 shares of its Common Stock. A total amount of 16,209 ...
2008-07-07 06:33:00 -
Kenya: Home Owners in a Squeeze Over Falling Rental Yields (AllAfrica.com)
The surge in property prices in Nairobi suburban area may soon start claiming casualties as consumers feel the pinch from falling rental yields.
2008-07-07 02:32:27 -
Financial worries weigh on Wall Street (Reuters via Yahoo! Singapore News)
By Kristina Cooke
2008-07-07 02:35:48 -
IndyMac to stop most mortgage loans and cut 3,800 jobs (Reuters via Yahoo! Malaysia News)
By Jonathan Stempel
2008-07-07 02:47:12 -
S.F. Fed chief: Home prices to drop further (Pacific Business News)
National home prices will continue to decline this year, given the large number of homes for sale and market expectations reflected in the futures market, Janet Yellen, San Francisco Federal Reserve Bank president and CEO, said Monday.
2008-07-07 03:00:42 -
US in Bear Nanke market (Philippine Daily Inquirer)
MANILA, Philippines--Social Security sex--Two men were talking. "So, how's your sex life?" "Oh, nothing special. I'm having Social Security Sex." "Social Security Sex?" "Yeah, you know: I get a little each month, but not enough to live on!"
2008-07-07 03:08:18 -
Report: WaMu leads in mortgage-related layoffs, California 2nd (East Bay Business Times)
Washington state and Washington Mutual Inc. led the nation in the number of mortgage-related layoffs in the latest quarter, according to a recent mortgage employment survey
2008-07-07 02:53:39 -
Foreclosed by confusion, delays, inflexibility (WOOD TV 8 Grand Rapids)
Troubled home owners and their real estate sales people say they get little help from their mortgage people they deal with.
2008-07-07 03:13:01 -
IndyMac to exit most home lending, slash 3,800 jobs (Los Angeles Times)
2008-07-07 03:20:23 -
Senate clears way for housing rescue vote (Reuters via Yahoo! News)
The U.S. Senate moved closer on Monday to passing election-year legislation aimed at saving hundreds of thousands of troubled American homeowners from foreclosure.
2008-07-07 03:47:32 -
McCain unveils economic and jobs plan in Colorado (KOAA)
Republican presidential candidate John McCain has revealed his economic plan that addresses job creation, American-produced energy, foreclosure relief and tax cuts. The plan was unveiled during a Town Hall meeting in Denver.
2008-07-07 03:49:04 -
Financial worries weigh on Wall Street (ABS-CBNNEWS.com)
NEW YORK - Stocks fell on Monday on concerns that the top two mortgage providers would have to raise even more capital, severely devaluing existing shareholders' stakes, while big energy companies fell along with oil prices.
2008-07-07 03:54:11 -
IndyMac to stop most mortgage loans, cut 3,800 jobs (EARTHtimes.org)
NEW YORK (Reuters) - IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Monday it will eliminate 3,800 jobs and stop making most home loans after regulators concluded it was no longer well capitalized.
2008-07-07 03:55:42 -
July 8 - Open: Market opens up despite survey results (Stuff)
The New Zealand stockmarket was up in early trading today despite the release of a quarterly survey of business opinion pointing to a fall in gross domestic product over the next two quarters.
2008-07-07 03:56:59 -
Tips on how better to exploit the working poor - Salon
Payday loan testimonials from the new Web site of the Predatory Lending Association, which launched on Tuesday. "I was able to turn my heat on for 2 weeks with my payday loan." -- Jake G. Parsons, Duluth, Minnesota "I would have been homeless two ...
2008-06-30 05:54:00