Mortgage and Financial News From 2008-1-18 Page 33

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• Viewpoint: Software to Ease Foreclosures Showing Promise - American Banker (subscription)

  Viewpoint: Software to Ease Foreclosures Showing PromiseAmerican Banker (subscription), NY - 14 minutes agoOur research shows that 75% of home-owners who call our agency within three months after becoming delinquent on their mortgage can avoid foreclosure. ...
  2008-01-18 12:45:49

• Tarrant County will weather national - Fort Worth Business Press

  Tarrant County will weather nationalFort Worth Business Press, TX - 12 minutes agoThe nation’s largest home lender, Countrywide Financial Corp., has also felt the sting of the ongoing mortgage crash; the company reported Jan. ...
  2008-01-18 12:47:47

• No new housing initiative in Bush's $150 billion stimulus plan - Inman.com (subscription)

  No new housing initiative in Bush's $150 billion stimulus planInman.com (subscription), CA - 11 minutes ago"The increase in loan limits would not only improve liquidity in the mortgage marketplace, but also boost home buyers' confidence levels, resulting in ...
  2008-01-18 12:48:46

• Home loan hikes to impact rate decision - Sydney Morning Herald

  Home loan hikes to impact rate decisionSydney Morning Herald, Australia - 10 minutes agoThe impact of higher mortgage repayments forced on many home owners this month is set to play a key role in helping the Reserve Bank decide its next ...
  2008-01-18 12:49:53

• Fitch Downgrades Hovnanian Ratings - CNNMoney.com

  Fitch Downgrades Hovnanian RatingsCNNMoney.com - 7 minutes agoThe US housing market has slumped drastically, with falling home sales, prices and a deteriorating credit and mortgage market. Fitch said Hovnanian was ...
  2008-01-18 12:52:20

• Economic debate more about politics, public - Fort Worth Business Press

  Economic debate more about politics, publicFort Worth Business Press, TX - 6 minutes agoTrue, falling home prices would probably lead to more mortgage losses and foreclosures. But the more the adjustment is delayed, the longer the housing ...
  2008-01-18 12:53:29

• Financial Sector Bleeding Red Ink! - HoweStreet.com

  Financial Sector Bleeding Red Ink!HoweStreet.com, Canada - 6 minutes agoThe latest action is proof positive that the credit problems that began in the housing and home mortgage market are spreading out in concentric circles. ...
  2008-01-18 12:53:59

• Weekly Guru Bargains Highlights: The McClatchy Company, Lennar ... - GuruFocus.com

  Weekly Guru Bargains Highlights: The McClatchy Company, Lennar ...GuruFocus.com, TX - 3 minutes agoThornburg Mortgage Inc. (TMA): Down 53% Since Bill Miller Bought In the Third Quarter The single-family mortgage lender Thornburg Mortgage, Inc. (TMA) took ...
  2008-01-18 12:56:43

• Stocks tumble in late trade (CNN Money)

  Stocks tumbled late Friday afternoon, capping off a dismal week on a down note as investors mulled upbeat earnings from GE and IBM and President Bush's proposed fiscal stimulus plan, but remained wary about the outlook for the economy.
  2008-01-18 12:55:15

• Teen Accused Of Bringing Loaded Gun To School (WLWT-TV Cincinnati)

  A high school student is arrested and charged with bringing a loaded gun to school.
  2008-01-18 12:55:38

• Shootout Passenger Convicted Of 2 More Charges (WLWT-TV Cincinnati)

  A jury convicts a man for his role in a police chase and shootout that left one of his friends dead.
  2008-01-18 12:55:45

• Home loan hikes to impact rate decision (The West Australian)

  The impact of higher mortgage repayments forced on many home owners this month is set to play a key role in helping the Reserve Bank decide its next interest rate move.
  2008-01-18 12:56:19

• Take some time for a financial holiday recovery now (Fort Worth Business Press)

  The holidays are over. Like many people, this may be that time of year when you feel the most “tapped out,” from spending more money in the weeks leading up to Christmas season than you do most other times of the year.
  2008-01-18 12:57:28

• Tarrant County will weather national economic woes (Fort Worth Business Press)

  Talk of recession and recent bailouts of many large financial institutions have rattled the national economy’s nerves, but local professors and businessmen still insist the local economy can weather the storm just fine.
  2008-01-18 12:58:58

• U.S. Capitol Police Arrest Man With Rifle (FOX Carolina)

  Police arrest a man toting a rifle near the U.S. Capitol.
  2008-01-18 12:59:36

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