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A collection of news and information related to Mortgages published by Tribune Company sources.
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Toll lease money latest flap in governor's race
AP Political WriterClaims by Democratic gubernatorial candidate Jill Long Thompson that about $1 billion in state funds from the Indiana Toll Road lease have been invested in risky ways are misleading, Republican state Treasurer Richard Mourdock said Wednesday. "We are...Tags: Regional Authority, Road Transportation, Freddie Mac, Retirement, Derivative Securities
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Recession fears send stocks tumbling anew
The Associated PressInvestors agonizing over a faltering economy sent the stock market plunging all over again today after a stream of disheartening data convinced Wall Street that a recession, if not already here, is inevitable. The market's despair propelled the Dow...Tags: Lehman Brothers Holdings Incorporated, Economic Indicator, Washington Mutual Inc., J.P. Morgan Chase & Co., Stock Broking
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Emmetsburg woman accused in mortgage scam
An Emmetsburg woman has been arrested for allegedly running a mortgage scam out of her home. Terry Hoffert is charged with two counts of first-degree theft and one count of ongoing criminal conduct. Police say Hoffert ran a title company out of her... -
JPMorgan Chase beats estimates with an 84 pct profit drop, revenue is worse than expected
AP Business WriterNEW YORK (AP) _ JPMorgan Chase & Co.'s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, leveraged loans and home loans. Profit at the New York-based bank, considered one of the stronger players in...Tags: Credit Ratings, Lehman Brothers Holdings Incorporated, Freddie Mac, Washington Mutual Inc., American International Group
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JPMorgan, Wells Fargo 3Q profits dip
From the Associated PressNEW YORK -- In the midst of one of the nation's worst credit crises, JPMorgan Chase & Co. and Wells Fargo & Co. managed to report better-than-expected third-quarter results today. But even two of the country's strongest banks proved they are not immune to...Tags: Investment Service, Lehman Brothers Holdings Incorporated, Banking, Freddie Mac, Washington Mutual Inc.
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AP top news in Iowa at 4:58 p.m. CDT
A former sheriff's deputy has pleaded not guilty to killing his ex-girlfriend. The Daily News in Bowling Green reports that 41-year-old Randall Creek was arraigned Wednesday in Warren District Court on a murder charge. The newspaper said the former...Tags: Christopher Rants, Tornadoes, Rivers, Road Transportation, Tom Harkin
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California Realtors forecast lower home prices, rising sales in 2009
Los Angeles Times Staff WriterHome prices across the state will continue to drop next year, even as sales, spurred by the low prices on foreclosed properties, will keep rising in 2009, according to a California Assn. of Realtors forecast slated to be released today. Doubts about...Tags: Sales, Homes, Passenger Cars, Financial and Business Services, Foreclosures
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Details of MacArthur Foundation's $68M housing aid
The John D. and Catherine T. MacArthur Foundation on Wednesday pledged $68 million to boost foreclosure-prevention efforts in Chicago. The program includes: -- Up to $36 million in investments and $750,000 in grants for mortgage programs and efforts...Tags: MacArthur Foundation, Financial and Business Services, Interior Policy, Housing and Urban Planning, John D. and Catherine T. MacArthur Foundation
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JPMorgan, Wells Fargo 3rd-quarter earnings fall on rising credit costs, but beat expectations
AP Business WriterNEW YORK (AP) _ In the midst of one of the nation's worst credit crises, JPMorgan Chase & Co. and Wells Fargo & Co. managed to report better-than-expected third-quarter results on Wednesday. But even two of the country's strongest banks proved they are...Tags: Investment Service, Lehman Brothers Holdings Incorporated, Banking, Freddie Mac, Washington Mutual Inc.
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Viewpoint: The minority mortgage libel
In the great search for somebody to blame for the nation's economic meltdown, an easy scapegoat is emerging. Or rather, make that a few million easy scapegoats. By golly, it's those low-income minorities! Those people who never should have qualified...Tags: Credit Ratings, Demographics, Housing and Urban Planning, New York Times, Migration
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Now on sale: the plan to bail out the U.S.
The selling of Washington's new, improved rescue package contains more hype than a Billy Mays Mighty Putty infomercial, but the plan just may save the country. At least this week. "The measures are not intended to take over the free market but to...Tags: J.P. Morgan Chase & Co., Consumers, Bank of America Corp., Henry Paulson, George Bush
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Corzine to propose broad stimulus plan for NJ
Associated Press WriterGov. Jon S. Corzine has called a rare joint session of the Legislature Thursday to lay out a broad plan to help New Jersey through the national recession, including measures to help homeowners stave off foreclosure, provide tax breaks for businesses and...Tags: Regional Authority, Financial and Business Services, State Budgets, Real Estate Sales, Sales
Oct 15, 2008
|Story| Associated Press
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|Story| Baltimore Sun
Oct 15, 2008
|Column| Baltimore Sun
Oct 15, 2008
|Story| Associated Press
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