Mortgage and Financial News From 2008-9-3 Page 3
Previous Day: 2008-09-02
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14 15
-
Business briefs, September 4 (Rocky Mountain News)
GMAC to lay off 5,000 employees Gannett buys majority stake in CareerBuilder General Motors to extend employee-pricing discount Secure64 Software secures $3.7 million in funding
2008-09-03 08:18:26 -
Pros: Optimistim Amid Doom and Gloom (The New York Sun)
Real estate executives, building owners, and leasing brokers are anxiously watching the start of the fall season, as September marks a time when office leasing activity often picks up after the summer doldrums, setting the tone for remainder of the year. Unfortunately, the credit crisis and dislocation of the capital markets is persisting. According to trade sources, Wall Street investment banks ...
2008-09-03 08:29:55 -
Coverage of Rosetta Steins fly-by. / ESA TV Live / 06-09-2008 (SpaceRef)
Coverage of Rosetta Steins fly-by. / ESA TV Live / 06-09-2008
2008-09-03 08:31:27 -
Media Briefing on Use of Earth Data to Support National Priorities (SpaceRef)
NASA will hold a media teleconference on Monday, Sept. 8, at 3 p.m. EDT, to present the results of a study on how the U.S. government currently uses Earth science information to manage resources and protect public health.
2008-09-03 08:31:55 -
Credit Spreads Widen Despite Signs of Recovery (The New York Sun)
Why are credit spreads rising? Standard & Poor's announced yesterday that the spread — or the difference between the rate for a Treasury instrument and a corporate bond of equivalent maturity — on speculative-grade bonds widened to 796 basis points, outside the 775 to 790 basis point range these issues have traded within for most of the year. Spreads on securities rated triple C, the bottom rung ...
2008-09-03 08:33:11 -
Tough times (BBC News)
How firms and staff deal with redundancy threats
2008-09-01 04:03:46 -
Tough times (BBC News)
The shadow cast by the threat of redundancy
2008-09-01 08:21:29 -
Harry Phibbs: Stamp duty should be axed completely; it's unprincipled and unfair (Guardian Unlimited)
Harry Phibbs: Why should people be taxed simply for moving house? It's unprincipled, unfair, and we could afford to ditch it completely
2008-09-03 03:37:52 -
GMAC Financial Services and ResCap Announce Further Streamlining of ... - PR Newswire
FORT WASHINGTON, Pa., Sept. 3 /PRNewswire/ -- GMAC Financial Services and its subsidiary Residential Capital, LLC (ResCap) today announced additional initiatives to further optimize the mortgage business as the downturn in the credit and mortgage ...
2008-09-03 11:58:00 -
UPDATE 2-GMAC to cut 5,000 jobs at ResCap mortgage unit - Reuters
NEW YORK, Sept 3 (Reuters) - GMAC LLC plans to eliminate about 5,000 jobs at its Residential Capital LLC mortgage unit and close all 200 GMAC Mortgage retail offices to combat weak housing and credit markets, the company said on Wednesday. The job ...
2008-09-03 12:55:00 -
Struggling mortgage lender ResCap to cut 5,000 jobs - Minneapolis Star Tribune
As a Rescap employee who just got laid off, itâs funny how good people are when it comes to criticizing⦠in hindsight. One could blame … read more the lender, the feds, the brokers but most of the blame falls on a majority of the Donald ...
2008-09-03 03:11:00 -
First Tennessee Selects PHH Mortgage to Support Retail Mortgage ... - MSN MoneyCentral
MEMPHIS, Tenn., Sept. 3, 2008 (GLOBE NEWSWIRE) -- First Tennessee Bank N.A., a subsidiary of First Horizon National Corp. (NYSE:FHN), announced today that it has selected PHH Mortgage, a subsidiary of PHH Corp. (NYSE:PHH), to streamline its retail ...
2008-09-03 01:31:00 -
Emergency funding: Mortgage lenders braced for October 20 as they ... - Guardian Unlimited
Britain's banks are counting the days until October 20, one of the most important dates in their calendar this year, when the Bank of England's emergency lending scheme is due to close. The special liquidity scheme was set up in April to unblock the ...
2008-09-03 04:01:00 -
Younan Finance to buy mezzanine loans on office buildings in Texas, 7 ... - Dallas Morning News
Los Angeles-based Younan Finance Group said Wednesday that it has agreed to buy a portfolio of five mezzanine loans on 2.5 million square feet of office buildings in eight states, including Texas, from Rubicon Capital America LLC. In April, Younan ...
2008-09-03 01:24:00 -
Troubled waters for regional banks (CNN Money)
Mortgage-related problems continued to hammer regional banks, according to a report released Wednesday.
2008-09-03 04:45:53