Mortgage and Financial News From 2007-9-11 Page 10

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  • Gold Draws Attention Amid Rate Woes (Washington Post)

    NEW YORK -- With many on Wall Street straining to determine the Federal Reserve's next move, some investors who smell an impending interest rate cut aren't waiting around for the central bank.
    2007-09-11 01:47:30

  • Courier News Online - FTC warns against deceptive mortgage ads (Bridgewater Courier News)

    The Federal Trade Commission is warning mortgage brokers and lenders, and media outlets that carry their advertisements for home mortgages, that some of the advertising claims currently appearing in Web sites, newspapers, magazines, direct mail, and unsolicited e-mail and faxes may violate federal law.
    2007-09-11 10:44:35

  • FTC criticizes misleading mortgage ads

    CNN Money - WASHINGTON (AP) -- The Federal Trade Commission said Tuesday it warned more than 200 companies about "potentially deceptive" mortgage advertisements that give borrowers a false impression of the cost of home loans. The FTC said ads on the Internet ...
    2007-09-11 11:17:00

  • TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 BST

    CNBC - 2007-09-11 15:34:45 Fannie Mae to sell $3B of 3-year notes WASHINGTON (AP) - Fannie Mae, the nation's top source for home mortgage funding, said Tuesday it's selling $3 billion of three-year benchmark notes. 2007-09-11 15:17:11 Base metals bounce ...
    2007-09-11 07:49:00

  • Big Accredited Home investor backs original merger

    Reuters - Last: NEW YORK, Sept 11 (Reuters) - A large shareholder of Accredited Home Lenders Holding Co (LEND.O: Quote , Profile , Research ) said on Tuesday it supports the subprime mortgage lender's efforts to force a private equity firm to complete a $400 ...
    2007-09-11 12:57:00

  • U.S. FTC warns some mortgage ads may violate law

    Reuters - WASHINGTON, Sept 11 (Reuters) - The U.S. Federal Trade Commission said on Tuesday some advertisements for home mortgages may be deceptive and even violate the law. The FTC said it warned mortgage brokers and lenders as well as media outlets carrying ...
    2007-09-11 12:07:00

  • UPDATE 1-U.S. FTC warns some mortgage ads may violate law

    Reuters - WASHINGTON, Sept 11 (Reuters) - The U.S. Federal Trade Commission said on Tuesday that some advertisements for home mortgages might be deceptive and even violate the law. The FTC said it had warned mortgage brokers and lenders, as well as media ...
    2007-09-11 01:26:00

  • Miller Launches Program to Slow Mortgage Foreclosures

    WOI-TV - Miller said the current crisis in home mortgage failures reminded him of the farm crisis of the 1980s. At that time, lenders foreclosed on thousands of farmers who saw land values and farm income plummet, leaving many with heavy debt and loans they ...
    2007-09-11 01:19:00

  • Realtors: Home price slump through '08

    CNN Money - There's been an unusual hit to home sales, starting in March when subprime (mortgage) problems emerged, and more recently when problems spread to jumbo loans, with many potential buyers on the sidelines," said a statement from Lawrence Yun, the group ...
    2007-09-11 02:09:00

  • FTC Warns Companies on Mortgage Ads

    Forbes - The Federal Trade Commission has warned more than 200 companies about "potentially deceptive" mortgage advertisements that could give borrowers a false impression of the cost of home loans. The FTC on Tuesday said ads that ran in newspapers and ...
    2007-09-11 01:40:00

  • Fannie Mae to Sell $3B of 3-Year Notes

    Forbes - Fannie Mae, the nation's top source for home mortgage funding, said Tuesday it's selling $3 billion of three-year benchmark notes. The yield on the issue is 4.45 percent and the notes mature Sept. 13, 2010. Barclays Capital Inc., Goldman Sachs & Co ...
    2007-09-11 07:42:00

  • MORTGAGE; A poor credit score could be harmful to potential homeowners (The Sudbury Star)

    According to a recent survey commissioned by TransUnion, Canadians don't really know much about home mortgages. The survey was conducted by GFK Roper Public Affairs & Media and its results state that 45 per cent of Canadians underestimate the lifetime cost of mortgage.
    2007-09-11 09:23:55

  • Zacks Industry Rank Analysis Highlights: American Home Mortgage, Capital One Financial, Countrywide Financial, ... (Business Wire via Yahoo! Finance)

    CHICAGO----Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis includes American Home Mortgage , Capital One Financial , Countrywide Financial , and Discover Financial Services and Goldman Sachs .
    2007-09-10 03:00:00

  • FTC Warns Companies on Mortgage Ads (AP via Yahoo! Finance)

    The Federal Trade Commission has warned more than 200 companies about "potentially deceptive" mortgage advertisements that could give borrowers a false impression of the cost of home loans.
    2007-09-11 01:42:09

  • Dollar Slips Ahead of Bernanke Speech

    MSN MoneyCentral - That report has strengthened speculation that the Fed will cut interest rates at its Sept. 18 meeting. A cut from the current rate, 5.25 percent, would be the first reduction in four years. Most economists expect the Fed to ease credit policy. The ...
    2007-09-11 06:59:00

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