Mortgage and Financial News From 2008-2-8 Page 34

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  • MFB Corp. Announces First Quarter Earnings - CNNMoney.com (press release)

    MFB Corp. Announces First Quarter EarningsCNNMoney.com (press release) - 1 hour agoConsumer loans, including home equity and second mortgages, increased by $912000 during the three month period. During the first quarter ended December 31, ...
    2008-02-08 11:59:24

  • Cash-Out Refi's Declining in Both Numbers and Amounts - MortgageNewsDaily.com

    Cash-Out Refi's Declining in Both Numbers and AmountsMortgageNewsDaily.com, AZ - 51 minutes ago81 percent of Freddie Mac-owned loans that were refinanced during that quarter resulted in new mortgages that were at least 5 percent higher than the ...
    2008-02-08 12:08:54

  • Cover: How to buy a foreclosure home? - San Jose Mercury News

    Cover: How to buy a foreclosure home?San Jose Mercury News,  USA - 44 minutes agoAnd there are plenty more to come as millions of adjustable-rate mortgages begin to reset to higher rates. But while these numbers reflect current ...
    2008-02-08 12:15:16

  • Area residents indicted in mortgage fraud scheme (Daily Southtown)

    Twenty-five people, many of them from the Southland, have been charged in one of the biggest mortgage fraud schemes ever prosecuted in the Chicago area, the FBI announced Friday.
    2008-02-08 11:02:28

  • For Most, Rebates are a Simple Gift, CCH Says (PR Newswire via Yahoo! Finance)

    Millions of taxpayers -- and some non-taxpayers -- will be getting rebate checks from the IRS this year under the provisions of the Economic Stimulus Act of 2008, passed by both houses of Congress on February 7 and due to be signed by the President next week.
    2008-02-08 11:13:00

  • TSX up as bargain hunters pick up energy, metal stocks;C$ surges on jobs data (MSN Money Canada)

    TORONTO - The Toronto stock market enjoyed a modest rise late Friday morning, largely on improving energy and mining stocks as oil and metal prices rose.
    2008-02-08 11:42:21

  • MFB Corp. Announces First Quarter Earnings (PrimeNewswire via Yahoo! Finance)

    MISHAWAKA, Ind., Feb. 8, 2008 -- MFB Corp. , parent company of MFB Financial , reported today its consolidated financial results on an unaudited basis of $342,000 or $0.26 diluted earnings per share for the three months ended December 31, 2007, a decrease from $1.2 million or $0.84 diluted earnings per share for the three months ended December 31, 2006.
    2008-02-08 11:45:00

  • (AFX UK Focus) 2008-02-08 19:51 GMT: Group wants more Fannie, Freddie checks (Interactive Investor)

    WASHINGTON (AP) - FM Policy Focus, a coalition of financial services and housing-related groups, paid a lobbying firm $240,000 in 2007 to push for greater oversight of Fannie Mae and Freddie Mac.
    2008-02-08 12:20:45

  • TaxBrain online tax service

    Network World Fusion - ... your deductions if you paid any: (Schedule A) large medical bills; real estate or personal property taxes; home mortgage interest; contributions to charities; business expenses as an employee." Only ...
    2008-02-08 07:19:00

  • Revealed: the MSPs' houses we paid for

    Edinburgh News - But Brian Adam, Aberdeen North MSP, defended the scheme, saying the allowance was only used to pay off the interest, not the capital of the mortgage. He said: "Tommy Sheridan should look at how much is claimed through the accommodation allowance ...
    2008-02-08 06:50:00

  • Mortgage lenders rush to cut rates

    This is Money - The figures are expected to show about 30,000 had their homes repossessed last year, the highest number since 1999. Yesterday's rate cut will help only the minority of borrowers, roughly one in five, who have a mortgage with a variable interest rate
    2008-02-08 07:19:00

  • Euro Heads for Biggest Weekly Loss Since 2006 Against Dollar

    Bloomberg - ... expectations increased that the European Central Bank will be forced to cut interest ... These trends can only continue.'' Investors raised bets the ECB will ... benchmark from 1999 until August, when the collapse of the U.S. subprime-mortgage ...
    2008-02-08 11:08:00

  • Gold Futures Rise on Demand for Inflation Hedge; Silver Gains

    Bloomberg - Federal Reserve began cutting rates because a housing slump and losses in the subprime mortgage ... that have been created over the past 27 years,'' said Day. ``In 1980 dollars, it is only half its nominal price today. A disappointment on interest ...
    2008-02-08 09:35:00

  • Stocks You Have to Trade Today

    MSN MoneyCentral - After all, we're only starting to deal with significant fallout wrought by interest-only strips, credit-default swaps, collateralized debt obligations, mortgage-backed securities, and whatever other exotic issues creative MBAs on Wall Street could ...
    2008-02-08 07:26:00

  • Tim Hughes

    News.com.au - THERE is a myth starting to permeate popular consciousness that the only people hurt by interest rate rises are mortgage holders. Not only is this not true, but it is positively dangerous in that it could give the rest of the population a false sense ...
    2008-02-08 04:42:00

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