Mortgage and Financial News From 2008-6-30 Page 2
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H&R Block Swings to Profit (NYTimes.com via Yahoo! Finance)
A record-setting tax season and the sale of its troubled mortgage arm helped the tax preparer, which offered an earnings outlook for 2009 that beat Wall Street expectations.
2008-06-30 05:36:33 -
Tips for Homeowners on the Brink (Muzi)
Mortgage rates are skyrocketing. Credit is locked up. Economic pressures are rising. Time to bail on that McMansion? Some homeowners who are three months to a year behind on their mortgages have chosen to leave their homes altogether.
2008-06-30 05:39:02 -
H&R Block results beat estimates, stock soars (Muzi)
NEW YORK (Reuters) - Tax preparer H&R Block Inc (HRB.N) said on Monday it swung to a quarterly profit from a loss, beating estimates and driving the stock 6.6 percent higher, as revenue rose 11 percent.
2008-06-30 05:39:42 -
June is National Home Ownership month (Reno Gazette-Journal)
Owning a home is an important part of the American Dream, and the U. S. Department of Housing and Urban Development has worked hard to raise awareness of the benefits of home ownership in the past. This year's theme for Home Ownership Month is "Back to Basics".
2008-06-30 06:01:52 -
Stressed borrowers taking in lodgers (Adelaide Now)
DESPERATE home owners overwhelmed by interest rates and the high cost of living are renting out bedrooms in order to survive financially.
2008-06-30 06:36:00 -
(AFX UK Focus) 2008-07-01 03:15 Japan's average land price up 10 percent in 2007; 3rd annual rise in a row (Interactive Investor)
TOKYO (Thomson Financial) - The average land price in Japan rose 10 percent to 143,000 yen ($1,346) per square meter in 2007, based on data recorded as of January 1, the National Tax Agency reported on Tuesday.
2008-06-30 07:37:06 -
Current Conditions (KQ2 St. Joseph)
Do you have a fire evacuation plan? The Orthopedic & Sports Medicine Center specializes in the diagnosis, treatment, rehabilitation and prevention of injuries to and diseases of the musculoskeletal system – the network of bones, joints, ligaments, tendons, muscles and nerves that gives the body its shape and allows us to move.
2008-06-30 07:47:50 -
Need to know: GSK delay ... EADS investigation ... Tote sale boosted - Times Online
Mortgage approvals plunged in May, fuelling alarm over prospects for house prices as the number of new home loans agreed fell to record lows. Approvals for house purchases dropped to 42,000, down 28 per cent from April and 64 per cent on a year ...
2008-06-30 05:11:00 -
Fitch Rates Louisville Regional Airports Authority (Kentucky) $37MM ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings assigns an 'A+' to the Louisville Regional Airports Authority, Kentucky's (the authority), approximately $37 million airport revenue bonds 2008 series A (subject to the federal alternative minimum tax ...
2008-06-30 02:05:00 -
Pick-A-Pay Goes Away... - BusinessWeek
When Wachovia bought Golden West Financial two years ago, executives at the Charlotte-based bank gushed about how they could take the “Pick-A-Pay” mortgage that was Golden West’s signature product and expand it to the rest of its customer base ...
2008-06-30 05:11:00 -
State pushes housing lifeline - Baltimore Sun
With many homeowners facing foreclosure but not seeking help, state officials are launching an advertising campaign on buses and billboards and through print and radio spots to get their attention with the slogan: "Mortgage Late? Don't Wait!" "Help ...
2008-06-30 03:31:00 -
Report: Many foreclosures in D.C. ‘unavoidable’ - Washington Business Journal
Subprime loans disproportionately went to single, low- and moderate-income households in wards 4, 5, 7 and 8, according to the first study on subprime lending in D.C. by the D.C. Department of Insurance, Securities and Banking . In Ward 5 and Ward 7 ...
2008-06-30 03:31:00 -
When is it OK to walk away from your mortgage? - BusinessWeek
Check out this week’s BusinessWeek cover story, The Home Price Abyss: Why the threat of a free fall is growing . I and Mara Der Hovanesian wrote the story with help from a bunch of other BW staffers. Our core argument is that price declines could ...
2008-06-30 05:11:00 -
Clear Channel Banks Cut Loan Price to Lure Buyers, People Say - Bloomberg
June 30 (Bloomberg) -- Clear Channel Communications Inc. lenders deepened the discount on $3 billion of loans to finance the U.S. radio company's $17.9 billion buyout to help attract buyers, according to people with knowledge of the offering ...
2008-06-30 04:21:00 -
Low Credit Score Home Mortgage Loan Refinancing - Best Syndication
It is sometimes very difficult to refinance your home loan if your credit is not in good stance. However, it is still feasible to obtain a refinance home loan with a damaged credit history and following are some ideas on low credit score refinancing ...
2008-06-28 05:56:00