Mortgage and Financial News From 2008-8-13 Page 01
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Fitch Rates $5.0MM Cat Creek, LLC & DDC-Thomasville, LLC Variable Rate ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings assigns a rating of 'A/F1' to the $5,025,000 Cat Creek, LLC and DDC-Thomasville, LLC variable rate taxable bonds, series 2008. The rating is based on the support provided by an irrevocable, direct-pay letter ...
2008-08-13 01:34:00 -
New York Times May Need Dividend Cut to Avoid Junk (Update2) - Bloomberg
Aug. 12 (Bloomberg) -- New York Times Co. faces increased financial pressure to cut its dividend as credit quality deteriorates amid record advertising declines. Bondholders are paying for the decision last year by the Sulzberger family-controlled ...
2008-08-11 05:54:00 -
Subprime fall-out - Financial Times
Efforts to avert foreclosures are being complicated by the large number of subprime borrowers who took out second mortgages so they could afford the downpayments on their homes, industry executives say. George W. Bush, the US president, signed a bill ...
2008-08-13 03:29:00 -
City council meeting becomes shouting match (Pittsburgh Post-Gazette)
Six months after elected leaders pledged to focus on reform, a Pittsburgh City Council meeting turned bitter yesterday, leading to walk-outs by a department director and the council president, and ...
2008-08-13 09:52:21 -
US foreclosure filings surge 55 percent (Miami Herald)
The number of homeowners stung by the dramatic decline in the U.S. housing market jumped last month as foreclosure filings grew by more than 50 percent compared with the same month a year ago, according to data released Thursday.
2008-08-13 09:59:11 -
Cavs Acquire Mo Williams In Three-Team Deal (KMGH 7 Denver)
The Cleveland Cavaliers landed some offensive help for LeBron James in the backcourt on Wednesday, as they picked up point guard Mo Williams in a three-team trade with the Milwaukee Bucks and Oklahoma City.
2008-08-13 10:02:47 -
Birdland 'Nearly Deserted' After Floods (KCCI 8 Des Moines)
A Des Moines neighborhood that flooded after a levee failed in June is a virtual ghost town two months later.
2008-08-13 10:06:00 -
US foreclosure filings surge 55 percent (The Arizona Republic)
Arizona among seven states with highest foreclosure rates.
2008-08-13 10:15:00 -
Aussies Take 800m Relay Gold, US Get Bronze (CBS 5 Phoenix)
The heavily-favored U.S. women's swim team takes bronze, but the Australian team's performance shatters the American world record and wins them the gold.
2008-08-13 10:34:50 -
Community Supports Man Struck In Boy's Joyride (WPBF Palm Beach)
A man struck and injured by a 7-year-old who stole his grandmother's sport utility vehicle months ago receives help from his neighbors.
2008-08-13 11:18:06 -
France Tops Aussie Nemesis For 100m Gold (WPXI Pittsburgh)
France's Alain Bernard wins gold by just .11 seconds ahead of his new Australian nemesis and America's Lezak.
2008-08-13 11:27:23 -
Name Dropper - Monterey County Herald
Fidelity Reverse Mortgage has appointed Ron Wagenhals the new reverse mortgage associate for the Monterey-Salinas area. In his new position, Wagenhals will focus on homeowners 62 and older. Wagenhals has 10 years of experience in reverse mortgages ...
2008-08-13 01:17:00 -
St. Petersburg notebook: Hear about energy conservation and communal ... - St. Petersburg Times
The Bartlett Park Neighborhood Association will meet Thursday. A speaker from Progress Energy will talk about energy conservation assistance. Also on the agenda: updates on the community garden, discussion of problem properties in the neighborhood, a ...
2008-08-12 10:08:00 -
Some older workers are rethinking retirement - Dallas Morning News
Neal Ator and his wife, Paula, take time out on the front porch of their McKinney home. Mr. Ator supplements his retirement by selling reverse mortgages, and Mrs. Ator runs her own business from their home. After watching their nest eggs crack under ...
2008-08-11 05:54:00 -
Weigh benefits of reverse mortgages - Allentown Morning Call
TODAY'S TIP A reverse mortgage enables older homeowners to convert part of the equity in their homes into tax-free income without having to sell the home, give up the title, or take on a new mortgage. If you, your parents or other seniors in your ...
2008-08-13 02:50:00