Mortgage and Financial News From 2008-4-4 Page 6
Previous Day: 2008-04-03
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Business tax break added to Senate housing bill (Muzi)
The U.S. Senate on Friday added another business tax break to legislation billed originally as a rescue plan for struggling homeowners. Lawmakers voted 76-2 to let money-losing corporations accelerate their use of certain accumulated tax credits to make new business investments.
2008-04-04 03:33:58 -
Dems Slam McCain On Housing, But All May Back Compromise (Investor's Business Daily via Yahoo! News)
For now, the housing crisis is one of the biggest clubs Hillary Clinton and Barack Obama are using to bludgeon John McCain.
2008-04-04 04:30:50 -
Suspect in Darth Maul robbery arrested, charged (The Joplin Globe)
The Force was perhaps not so strong with this one. Verlin S.Y. Wallis, 19, on Friday was charged with first-degree robbery after he allegedly earlier in the week donned a Darth Maul mask and robbed at a convenience store in east Carthage.
2008-04-04 04:47:05 -
Barb Arrigo: Lip service to home owners (Detroit Free Press)
Honestly, I don't see how a U.S. Senate bill to stem the foreclosure crisis is actually going to do much to help average home owners. Here's a partial list of what's in the bill, based on an AP report:
2008-04-04 05:03:33 -
Halifax joins mass exodus from risky end of mortgage market (Independent)
Halifax Bank is to raise interest rates for mortgage borrowers taking out larger home loans and stop doing business altogether with customers who cannot find deposits of at least 5 per cent.
2008-04-04 05:20:36 -
Dodd: Re-lending plan not dead (Connecticut Post)
U.S. Sen. Chris Dodd, D-Conn., said Friday the plan to create a federal mortgage re-lending office isn't dead, even though it was rejected as part of a Senate compromise bill to aid distressed
2008-04-04 05:37:14 -
Senate Adds Tax Breaks to Housing Bill (NYTimes.com via Yahoo! Finance)
Tax breaks for Gulf Coast residents whose homes were destroyed by Hurricane Katrina were approved for a bill meant to ease the housing crisis.
2008-04-04 05:40:27 -
Attorney general kicks off domestic-violence awareness month in Pittsburg (The Joplin Globe)
PITTSBURG, Kan. — Kansas Attorney General Stephen Six gave a boost to the kickoff event Friday morning for a student-led campaign to raise domestic-violence awareness at Pittsburg State University.
2008-04-04 06:32:05 -
Housing Bill to Get Vote in Senate (New York Times)
The Senate housing package is expected to be a first, modest step by Congress to address the growing onslaught of home foreclosures and unrest in the mortgage and housing markets.
2008-04-04 07:07:43 -
CNN - What All Those Job Losses Could Mean To You (WSB-TV 2 Atlanta)
You May Think Your Job Is Safe. But You Still May Not Be Spared The Pain Resulting From The Weak Labor Market. So Far This Year, Nearly A Quarter-Million Jobs Have Vanished. CNNMoney.com Looks At How A Deteriorating Job Market Could Impact You -- And Your Wallet.
2008-04-04 02:25:58 -
Up Next, Recaps & Links (CBS News)
Stories, links and the place to get more information for stories on CBS News Sunday Morning .
2008-04-04 02:30:03 -
As economy worsens, Obama says rivals are behind the curve (The Times of Northwest Indiana)
FORT WAYNE, Ind. - The latest unemployment figures show the nation is "sliding into recession," Democrat Barack Obama said Friday, as he argued he has been the most aggressive presidential candidate in seeking remedies.
2008-04-04 02:30:26 -
Brit Mortgage Approvals Near 10-Year Low (BusinessWeek)
In another sign of the credit crunch, numbers for February reveal banks approved the second lowest number of loans for house purchases since 1999
2008-04-04 02:51:14 -
From mortgages to cleaning bills: expenses MPs fought to conceal (The Herald)
It was dragged out by the Westminster authorities to the end, but the last thing it saved was the reputation of MPs.
2008-04-04 03:15:15 -
(AFX UK Focus) 2008-04-04 22:49 GMT: Wall Street's big mood change (Interactive Investor)
NEW YORK (AP) - With the start of a new quarter, Wall Street seems to have found something it badly needed: a major shift in sentiment.
2008-04-04 03:18:09