Mortgage and Financial News From 2008-7-2 Page 01
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Hurdles slow Japanese transition to global finance center - International Herald Tribune
TOKYO : From high taxes and arcane regulations to cash machines that do not accept overseas bank cards, Japan faces a tough slog to change its image as being closed to outside investors and remake itself as a global finance center. Japan likes to ...
2008-07-02 04:51:00 -
Independence Day... Seniors Independence With A Reverse Mortgage - HULIQ.com
What better day to talk about obtaining your financial independence than on Independence Day?! I don't think our forefathers ever considered the right to a reverse mortgage when framing the Bill of Rights and our Constitution... What better day to ...
2008-07-01 07:04:00 -
Life Lessons 101 - Street.Com
In August 2005, Financial Freedom required her to pay for home repairs under the reverse mortgage agreement, effectively forcing her to withdraw $26,592 from the annuity. Munoz filed a class action suit against Financial Freedom in November 2007 ...
2008-07-01 06:33:00 -
Trapped in a vicious credit crunch (International Herald Tribune)
More than a year after the crisis first flared, the U.S. financial industry, and with it the broader economy, seems to be caught in a harrowing circle.
2008-07-01 05:46:56 -
Make Sure a Reverse Mortgage Is Right for You (TheStreet.com)
It's a legitimate money tool, but some scam artists have used the concept to prey on seniors, as well.
2008-07-01 06:47:11 -
Fortes Financial, Inc. Announces Launch of Fortes Residential Mortgage (PrimeNewswire via Yahoo! Finance)
LAGUNA HILLS, Calif., July 1, 2008 -- Fortes Financial, Inc. is pleased to announce the official launch of Fortes Residential Mortgage, their nationwide independent mortgage banking enterprise.
2008-07-01 10:04:54 -
The generation snap (Hawkesbury Gazette)
At 34, social researcher Mark McCrindle likes to think of his age cohort as a middle child. "Quiet, compliant, they just get on with it. They never got much attention and they don't expect it."
2008-07-01 08:13:20 -
At Midyear, the Economic Pain Persists (The Hendersonville Times-News)
More than a year after the credit crisis first flared, the financial industry seems to be caught in a vicious circle.
2008-07-02 02:51:11 -
Debt, credit, layoffs: Your questions answered (MSNBC)
If you have questions about your money in today's economy, you're not alone. Here, TODAY personal finance editor Jean Chatzky tackles reader concerns about a few financially sticky situations.
2008-07-02 01:09:07 -
Survey says lenders lagging in aiding California homeowners - San Diego Union-Tribune
A report issued Wednesday by the California Reinvestment Coalition says lenders are doing too little, too late to help distressed borrowers avoid foreclosure. “The backdrop for all of this is the predatory lending practices of the last few years ...
2008-07-02 05:51:00 -
Keep the cards - World Magazine
We heard a news report about having many open credit cards to improve one's credit score. Is this true? We have paid all our debt off except for our house and truck and closed the accounts. Will this hurt our credit score? How can we improve our ...
2008-07-02 09:26:00 -
Counterparty credit index at weakest in three mos - Reuters
NEW YORK, July 1 (Reuters) - Concerns about the counterparty risk of major investment banks jumped to a new three-month high on Tuesday amid investor concerns that banks face additional losses from bad mortgage assets. The CDR Counterparty Risk Index ...
2008-07-01 09:46:00 -
Jeremy Warner's Outlook: Credit crunch makes mincemeat out of Marks & Spencer turnaround story (Independent)
This is not just a profits warning, this is an M&S profits warning. Sir Stuart Rose says he has been forced to develop a thick skin in his four years at the helm of Marks & Spencer, and it is becoming thicker all the time.
2008-07-02 05:03:16 -
Asia stocks sink (Interactive Investor)
Thu 03 Jul, 2008 02:06
2008-07-02 07:22:14 -
If it's bad for Marks & Spencer, then Heaven help the rest of us (Evening Standard)
The impact of the credit crunch on the lives and spending patterns of ordinary Britons has now hit home with a vengeance. Marks & Spencer has sneezed loudly in public and we now know that the whole country is heading for a nasty cold.
2008-07-02 07:25:48