Mortgage and Financial News From 2008-8-11 Page 01
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JP Morgan mortgage loses climb another $1.7b - The Age
JPMorgan Chase & Co. will write down the value of mortgage-backed assets by at least $US1.5 billion ($1.7 billion) this quarter after credit-market turmoil and the US housing slump deepened. Trading conditions ''have substantially deteriorated ...
2008-08-11 10:33:00 -
Wachovia boosts loss to $9.11 bln, cuts more jobs - Boston Globe
NEW YORK (Reuters) - Wachovia Corp increased its previously reported second-quarter loss to $9.11 billion to cover costs to settle a probe of auction-rate securities sales, and said it will cut more jobs as the housing market deteriorates. The ...
2008-08-11 05:26:00 -
More mortgage troubles for Ed McMahon - Los Angeles Times
Mortgage troubles continue to bedevil Ed McMahon, the former sidekick to Johnny Carson on "The Tonight Show," who has been battling to fend off foreclosure of his Beverly Hills home. A Huntington Beach lender has sued McMahon to recover a $250,000 ...
2008-08-11 10:26:00 -
You Buying Edwards Story #2? "Love lips" wouldn't lie again ... - Slate
Would it really hurt Obama if John Edwards went to Denver? The more he publicly defends himself, the more honest and upright he makes Obama look by comparison. And the smarter he makes Democratic primary voters look. ... 1:16 A.M. USA Today isn't ...
2008-08-11 07:10:00 -
Mickey Kaus - Slate
USA Today isn't buying Story #2 ... 12:40 A.M. John Tabin makes a good point about Rielle Hunter's refusal to allow a paternity test : [Hunter's] response -- invoking her and her daughter's privacy -- is a little odd if she expects the test to come ...
2008-08-11 08:36:00 -
Radian Group Inc. Q2 2008 Earnings Call Transcript - Seekingalpha.com
Ladies and gentlemen, thank you for standing by and welcome to Radian's second quarter 2008 earnings conference call. At this time, all phone participants are in a listen-only mode. Later, there will be an opportunity for your questions. Instructions ...
2008-08-11 01:58:00 -
Saint Thomas, VUMC land on Thomson Reuters list of top U.S. hospitals - Nashville Business Journal
Baptist Healing Trust frees up millions for nonprofits [Nashville] Startup surfs transparency wave [Nashville] Sister Mary Muehlenkamp shifts from law to a higher calling [Nashville] Mortgage insurer PMI swings to $246M Q2 loss; shares fall ...
2008-08-11 02:34:00 -
Compare 4 Mortgages in Industry - Colleyville Courier
Get up to 4 Mortgage offers from brokers in Industry. Sale Price! 5000 4x6 $189, Highest Quality, Full Color, Design Online. 100's of templates in our online designer. Save time and money with design, lists, print and mail on one site. Get daily ...
2008-08-09 09:43:00 -
Reality-TV shows facing real-world real estate woes (The Philadelphia Inquirer)
For too long, the world of so-called reality TV has seemed almost willfully divorced from the ugly truths of today's housing market.
2008-08-11 10:27:33 -
Tri-County, Colonial's $1M save homes (Bridgeton News)
VINELAND - Giving area homeowners and families facing foreclosure second chances is the focus of a new program announced Monday by Tri-County Community Action Partnership and Colonial Bank during a press conference at the bank's headquarters on Delsea Drive.
2008-08-11 10:29:27 -
School starts Thursday; fair coming up (Bartlesville Examiner-Enterprise)
School begins Thursday and that means life returns to normal for homes and businesses. Stay-at-home moms breathe a sigh of relief, students are thrilled to see their friends, and football is right around the corner.
2008-08-11 10:45:23 -
Rants and Raves: They charge because they care (The Florida Times-Union)
You folks out there whining and complaining about paying your [homeowners] association fees need to get a grip. You agreed to pay that fee before you were allowed to sign your mortgage papers. The board's directors for your association are volunteer residents who care for their community. They give up their time to help the area keep its property values. It's a proven fact: Subdivisions that ...
2008-08-11 10:51:20 -
Tumbling prices trapping Inland homeowners; values have declined to late 2003 levels (The Press-Enterprise)
Plunging home values means 62 percent of Inland Southern Californians who bought homes in the past five years can't pay off their mortgages if they sell today, according to a report released today by a national online real estate marketing company.
2008-08-11 10:57:28 -
Top Scoops (Scoop.co.nz)
Driving jobholders out of office is like the old discredited policy of driving prostitutes out of town. Their places are immediately taken by others who are precisely like them. - Albert Jay Nock
2008-08-11 10:58:13 -
Reduce insurance costs, not benefits (Bankrate.com via Yahoo! Finance)
Want to lower your insurance costs without losing benefits? Chances are, all you have to do is ask.
2008-08-11 03:00:00