Mortgage and Financial News From 2008-2-20 Page 8

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  • 5 Savings Strategies

    Forbes - _ Participate in work-related retirement programs. _ Outside of work, save monthly through automatic transfer from checking to savings. _ Pay off high-cost debt. _ Buy a home and pay off the mortgage before you retire. _ Earn up to 4 percent or more ...
    2008-02-20 02:00:00
  • Tousa to appeal NYSE stock suspension

    Houston Business Journal - TOUSA to appeal NYSE stock suspension [South Florida] Preferred Home Mortgage prepares for layoffs [Tampa Bay] Engle forges ahead despite parent firm's Ch. 11 filing [Orlando] Newmark parent gets court OK for credit deal [Houston] Newmark parent ...
    2008-02-20 02:07:00
  • Monarch Casino Reports Fourth Quarter and Record Full-Year Results

    MSN MoneyCentral - The economy in Reno and our feeder markets, as in many other areas around the country, is responding to the effects of negative macroeconomic trends, which include higher fuel prices, home mortgage defaults, higher mortgage interest rates and ...
    2008-02-20 01:10:00
  • GMAC to shrink offices, cut about 930 auto finance jobs

    Minneapolis Star Tribune - Last year GMAC lost $2.33 billion as the housing slump and disruptions in the credit and capital markets battered its home mortgage division. Its auto financing business was profitable last year, however. "Although it is difficult to reduce staffing ...
    2008-02-20 02:36:00
  • California to retrain laid-off mortgage workers

    Reuters - The state's initiative will focus on thousands of former employees of mortgage lenders in California, home to many of the big institutions that offered subprime mortgages to borrowers with patchy credit histories. California was hit hardest by last ...
    2008-02-20 12:34:00
  • Fla. home foreclosure crisis targeted

    Forbes - Scott Randolph, D-Orlando, is aimed at protecting consumers from what they say is an increasing problem: fly-by-night mortgage brokers who dupe people into home loans they soon won't be able to afford. The bill (HB 979) would prohibit balloon payments ...
    2008-02-20 03:19:00
  • Preferred Home Mortgage prepares for layoffs

    MSN MoneyCentral - Preferred Home Mortgage Co. said that it will lay off 75 local employees from its corporate headquarters in Tampa in the coming months. This announcement comes in the wake of a recent agreement between PHMC and Wells Fargo Ventures LLC. In January ...
    2008-02-20 12:13:00
  • Prosecutor: Teen Wanted Parents Dead For Inheritance (KMBC-TV Kansas City)

    Two Truman High School students remain in custody in connection with an alleged murder-for-hire plot.
    2008-02-20 03:17:12
  • Beaten Man Adds $40,000 To Reward In Case (KCTV 5 Kansas City)

    A store owner ups the ante to help authorities try and solve his case.
    2008-02-20 03:20:49
  • School Buses Diverted After School Placed On Lockdown (WLKY Louisville)

    After Fern Creek High School was placed on lockdown, nearby Fern Creek Elementary was also on lockdown as a precaution. Several school buses headed there had to find a new destination.
    2008-02-20 03:23:27
  • Albuquerque Newspaper Closing Shop (KOAT Albuquerque)

    A company with Colorado ties will cease publication of its afternoon newspaper in Albuquerque, New Mexico this weekend.
    2008-02-20 03:25:00
  • Safety Dwight Smith Released By Vikings (KSAT San Antonio)

    Veteran safety Dwight Smith has been released by the Minnesota Vikings.
    2008-02-20 03:25:25
  • Forum Aims To Help Bronx Homeowners Avoid Foreclosure (NY1 News)

    With thousands of families facing foreclosures on their homes, more and more elected officials are stepping up to try to help out. This weekend, a big forum is scheduled to get some relief for desperate homeowners. NY1's Bronx Dean Meminger filed the following report.
    2008-02-20 03:26:10
  • F-15C Jets Missing Over Gulf Of Mexico (WSB-TV 2 Atlanta)

    Two fighter jets went missing during a training mission over the Gulf of Mexico off the Florida Panhandle, the Air Force says.
    2008-02-20 03:26:35
  • Victims Of Station Nightclub Fire Remembered (WCVB Boston)

    The makeshift memorials at the scene where the Station Nightclub once stood are faded and worn by the passage of time. Not so the memories of families and friends drawn here by the fifth anniversary of the tragedy.
    2008-02-20 03:30:06