Mortgage and Financial News From 2007-10-15 Page 17

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  • Stocks Retreat Amid Bad Debt Worries (San Francisco Chronicle)

    Stocks pulled back sharply Monday as news that major U.S. banks will set up a fund to help bail out the credit markets stirred concerns about bad debt. Bonds fell after an upbeat economic reading. The stock market's pullback follows concerns about debt...
    2007-10-15 08:41:21

  • Stocks retreat amid bad debt worries (AP via Yahoo! News)

    Stocks pulled back sharply Monday as news that major U.S. banks will set up a fund to help bail out the credit markets stirred concerns about bad debt. Bonds fell after an upbeat economic reading.
    2007-10-15 09:48:05

  • Senior Faire offers entertainment, seminars

    Idaho Press-Tribune - n Reverse Mortgages, 11:50 a.m. (presented by Money Mortgage Express, learn how your home equity can provide financial security). n Save Your Life with Cancer Prevention, 12:30 p.m. (presented by St. Luke’s Mountain States Tumor Institute, learn ...
    2007-10-10 04:33:00

  • This day in history

    Toronto Star - ... Roosevelt, Harry Truman, John Kennedy and Lyndon Johnson was the world's tallest living economist. (Answer, reverse: ... recovery in global bank stocks, based on a fingers-crossed belief that the worst of the losses on U.S. subprime mortgages and ...
    2007-10-15 02:15:00

  • Columnist was Dear Abby of real estate

    Everett Herald - We also were intrigued by the same subjects and often exchanged notes on new developments and Internal Revenue Service codes on common interests such as tax-deferred exchanges, home-sale exclusions and reverse mortgages. And, although we were friends ...
    2007-10-13 11:54:00

  • Branson stamps Virgin name on family-and-friends lending venture ...

    International Herald Tribune - CircleLending now has $200 million (€141 million) in loans on its books — ranging from short-term loans for debt refinancing or other personal needs, to reverse home mortgages and small business expenses. Because borrower and lender know one ...
    2007-10-15 05:43:00

  • Virgin buys stake in loan firm

    Globe and Mail - CircleLending now has $200-million in loans on its books - ranging from short-term loans for debt refinancing or other personal needs, to reverse home mortgages and small business expenses. Because borrower and lender know one another, loans typically ...
    2007-10-15 08:56:00

  • CircleLending to become Virgin Money USA (Lexington Herald-Leader)

    British billionaire Richard Branson has enough money to avoid hitting up family and friends for loans. But he apparently understands there's a business opportunity in setting up interpersonal loans between folks of more modest means than himself. Branson's Virgin USA investment firm recently acquired a majority ownership stake in a Waltham, Mass.-based venture called CircleLending that helps ...
    2007-10-15 03:40:59

  • CircleLending to Become Virgin Money USA (AP via Yahoo! Singapore News)

    British billionaire Richard Branson has enough money to avoid hitting up family and friends for loans.
    2007-10-15 03:22:00

  • Branson launches lending venture (AAP via Yahoo!Xtra News)

    Richard Branson has launched a new business for his Virgin group, setting up interpersonal loans.
    2007-10-15 04:48:14

  • CircleLending to become Virgin Money USA (AP via Yahoo! News)

    British billionaire Richard Branson has enough money to avoid hitting up family and friends for loans. But he apparently understands there's a business opportunity in setting up interpersonal loans between folks of more modest means than himself.
    2007-10-15 03:22:30

  • Lender Lead Solutions Introduces Equity Plus Advantage Reverse Loan Product (Business Wire via Yahoo! Finance)

    BOSTON----Lender Lead Solutions, a comprehensive reverse mortgage services company, introduced its Equity Plus Advantage proprietary jumbo reverse mortgage loan product at the MBA annual conference.
    2007-10-15 05:30:00

  • Virgin Starting U.S. Lender Aimed at Family and Friends (New York Times)

    Virgin Money USA will offer personal and business loans, mortgages and reverse mortgages, and plans within a year to offer student loans and small business loans.
    2007-10-14 08:53:33

  • Stocks: Kenneth Cole redesign falls flat

    Crain's New York Business - The company is expected to announce a third-quarter profit decline of nearly 4%, its second straight dip. CIT Group Inc. took a big hit on a boatload of subprime mortgages as a result of the summer credit crunch. Shares of the finance company have ...
    2007-10-15 06:55:00

  • Homeowners pass on remodeling projects in down market

    Chicago Tribune - ... the amount of home equity cashed out through refinancing in the second quarter was down about 25 percent from the year earlier. Forni said consumers tend to have low opinions of interest rates, particularly of adjustable-rate loans and mortgages. ...
    2007-10-15 05:43:00

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