Mortgage and Financial News From 2008-4-9 Page 01

Previous Day: 2008-04-08

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• CHORUS OF WARNINGS (GoldSeek.com)

  In the banking sector, nonsense continues to spew about the worst being over. The reality is that not even half the pain has been witnessed nor suffered yet.
  2008-04-08 09:00:44

• Be careful where you look for yield (Bankrate.com via Yahoo! Finance)

  Without the regulation that controls money market funds, ultra-short-term bond funds carry greater risk. Investors need to investigate what's in the fund's portfolio.
  2008-04-09 03:00:00

• Boeing Statement on Dreamliner Delay (BusinessWeek)

  The planemaker says it plans 25 deliveries of its 787 Dreamliner in 2009, starting in the third quarter
  2008-04-09 06:35:43

• Boeing 787 Launch to Be Delayed Again (BusinessWeek)

  Boeing pushes back the commercial debut of the 787 Dreamliner to the third quarter of 2009
  2008-04-09 06:35:54

• HSBC to match fixed-rate mortgages (Daily Telegraph)

  HSBC has thrown a lifeline to home owners hit hard by the credit crunch by offering to match the interest rate they are paying on their current mortgage deals.
  2008-04-09 04:18:48

• Fed housing plan won't help many (Contra Costa Times)

  n`Underwater' homeowners unliely to receive help from new program
  2008-04-09 03:51:25

• USDA offers more than meat -- housing available, too (Pahrump Valley Times)

  Given the news of ever-increasing foreclosure rates and people battling predatory lending practices by mortgage companies, buying a new home doesn't seem like a viable option for many people.
  2008-04-09 03:52:44

• Ex-Subprime Brokers Help Troubled Homeowners (NPR)

  During the housing heyday, Wall Street demand for subprime loans created a big opportunity for mortgage brokers to rack up piles of fast money in a thinly regulated industry. But some brokers have found a new calling: helping homeowners through housing nonprofits.
  2008-04-09 03:54:48

• Troubled homeowners in Washington's spotlight (MENAFN)

  Troubled homeowners in Washington's spotlight
  2008-04-09 04:15:27

• A&L raises fixed-rate deals as MPC considers rate cuts (Independent)

  Alliance & Leicester is considering increasing the cost of its fixed-rate mortgages for the second time in a week, despite widespread expectations that the Bank of England's Monetary Policy Committee (MPC) will cut base rates today.
  2008-04-09 04:36:10

• HSBC offer shocks mortgage rivals (Guardian Unlimited)

  Business & money: New deal will 'match' existing fixed-rate mortgages as low as 4.54% - but fee could hit £5,000
  2008-04-09 04:38:53

• Bush plan unlikely to aid some borrowers (The Arizona Republic)

  Americans with mortgages exceeding the value of their homes face long odds of getting help under an expanded Bush administration program aimed at helping distressed borrowers.
  2008-04-09 04:51:12

• Where to put your money (CNN Money)

  Here are some top tips on how to invest in a volatile market.
  2008-04-07 01:05:16

• Check rates before trying CD auction (Bankrate.com via Yahoo! Finance)

  Investors who stay on top of rates should do fine at a CD auction, says Dr. Don Taylor.
  2008-04-09 03:00:00

• Expert: Don Taylor, Ph.D., CFA, CFP (Bankrate.com)

  Dear Dr. Don, I spotted an advertisement for Zions Direct CD auction and I'm not sure how it works. The front page shows market-clearing price/yield but when you click to the next page, it shows a much lower annual percentage yield. Which do you end up with? Is this a safe investment?
  2008-04-09 04:34:44

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