Mortgage and Financial News From 2008-6-11 Page 12
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Home and Auto Lenders Turn to Credit Repair for Help Closing Loans (PRWeb)
Mortgage brokers and auto lenders are turning to the credit repair services of Lexington Law to help close more loans. Many have helped customers improve their chances of getting a loan by working with Lexington Law, the largest credit correction law firm in the nation. (PRWeb Jun 11, 2008) Read the full story at http://www.prweb.com/releases/credit/repair/prweb1015494.htm
2008-06-11 12:43:31 -
Business news in brief (Philly.com)
First-quarter sales at Pep Boys - Manny, Moe and Jack were down, but profit was up, boosted by a $5.5 million gain from sale-leaseback transactions.
2008-06-11 01:21:49 -
Homeowners offered relief in Philadelphia program (Philly.com)
It was a madhouse in City Hall courtroom 676 yesterday. There began day one of a court pilot program to help financially troubled homeowners avoid foreclosure by talking - talking directly to the lawyers who represent lenders and working out deals, on the spot, to begin paying regularly or to give up and move on.
2008-06-11 01:23:00 -
ENLISTING OLD HACKS BELIES 'NEW' POLITICS (New York Post)
IF you're going to promise "new politics," it's wise to eschew the same old Beltway cronies and insiders who have served presidential nominees of yore. And if you're going to attack political opponents for playing "textbook Washington games," it's...
2008-06-11 01:34:14 -
U.K. Stocks Gain, Led by Energy Companies; BP and HBOS Advance (Bloomberg.com)
June 11 (Bloomberg) -- U.K. stocks rose for the first time in four days, led by energy companies as crude oil rebounded from a two day decline. BP Plc and Royal Dutch Shell Plc advanced.
2008-06-11 01:36:51 -
Guaranteed yields on savings accounts surge (Bankrate.com via Yahoo! Finance)
Some banks are competing with attractive introductory rates on accounts. Get the lowdown here on the high yields.
2008-06-10 03:00:00 -
Guaranteed yields on savings are surging (Bankrate.com)
It's not every day, especially these days, that you can find a fat yield on savings, much less one that's good for a certain length of time. You could call them introductory rates or teasers and, certainly, some of the banks do. But in one case, the guaranteed rate lasts more than a year.
2008-06-10 03:49:46 -
AP Financial NewsBrief at 7:11 a.m. EDT (INO News)
PARIS (AP) _ The International Energy Agency lowered its forecast for global oil demand this year amid surging prices, but said Tuesday that global hunger for oil is knocking markets out of kilter.
2008-06-10 04:21:43 -
Prosper Releases Market Survey Results for May 2008 (Centre Daily Times)
Prosper, America's largest people-to-people lending marketplace, today released results for May 2008. In this month's commentary, Prosper CEO and Co-Founder, Chris Larsen, discusses record loan volume as well as Prosper's new Let's Bank on Each Other(TM) ad campaign and enhanced Facebook application.
2008-06-10 08:07:38 -
Where Savers Can Find High Rates (Kiplinger Magazine via Yahoo! Finance)
Despite the Fed's recent interest-rate cuts, you can find a high-paying account -- if you know where to look.
2008-06-10 11:45:34 -
WRAPUP 1-BBA makes Libor changes; ICAP launches U.S. rate - Reuters
NEW YORK/LONDON, June 10 (Reuters) - The group that sets the world's most widely tracked interest rates announced steps on Tuesday to boost confidence in its criticized benchmark rate while a big bond dealer launched an alternative measure of ...
2008-06-10 02:00:00 -
Mortgage Bonds Resume Stumble; Some Debt Nears Lows (Update2) - Bloomberg
June 10 (Bloomberg) -- Some of the U.S. mortgage bonds at the center of the yearlong credit crisis are slipping toward new lows, as climbing gas prices, unemployment and interest rates deepen concern that homeowner defaults will increase. The ...
2008-06-10 02:00:00 -
Australia Consumer Confidence Hits 15-Year Low - Westpac (INO News)
(RTTNews) - Consumer confidence in Australia fell by 5.6 percent in June, reaching its lowest level since late 1992. The Westpac-Melbourne Institute Index of Consumer Sentiment, released on Wednesday, fell to a reading of 84.7 in June from a reading of 89.8 percent in May.
2008-06-10 07:19:56 -
Government action needed to tame inflation, economists say (Independent Online)
The government should do more to make the economy competitive as a way to curb price increases, economists urged on Monday. The comments came ahead of today's monetary policy committee (MPC) meeting of the Reserve Bank. The MPC will announce whether the bank's official repo rate will be raised by half a percentage point or more.
2008-06-10 09:35:01 -
Student loan options tighten (Pioneer Press)
The turmoil in the student lending business hasn't cost anyone a loan or kept someone out of school — yet.
2008-06-10 10:29:54