Mortgage and Financial News From 2008-3-23 Page 5

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• Mortgage standards getting tougher in state (WBAY Green Bay)

  Associated Press - March 23, 2008 12:05 PM ET MADISON, Wis. (AP) - It's becoming more difficult for would-be homebuyers to qualify for a mortgage loan.
  2008-03-23 09:10:50

• Wall Street Regroups After Wild Week (NPR)

  U.S. stock and bond markets wrap up a three-day weekend -- a much-needed break after a tumultuous week, which began with the fire sale of Bear Stearns. The Dow Jones Industrial Average ended the week up nearly 3.5 percent. But it wasn't easy.
  2008-03-23 09:12:04

• Borrowers start to feel credit squeeze (The New Zealand Herald)

  Fear of a recession and the international credit crunch is giving many mortgage finance companies the jitters - making borrowing more difficult for home buyers.
  2008-03-23 09:19:57

• Stocks Climb as Financial Firms Turn In a Reassuring Quarter (Washington Post)

  U.S. stocks posted their biggest gain in seven weeks after the Federal Reserve injected more cash into the banking system and Wall Street's largest securities firms posted earnings that topped estimates.
  2008-03-23 12:15:26

• Reforms would take guesswork out of mortgages (Miami Herald)

  Almost anyone who's bought a house or taken out a mortgage in recent years knows the problems: Lenders' ''good-faith estimates'' of loan and settlement fees provided at application too often are off the mark. Eleventh-hour surprise charges can add hundreds or even thousands of dollars to consumers' bottom-line costs at closing. No federal regulation requires strict adherence to the estimates, ...
  2008-03-23 12:28:08

• Proposals would end those unpleasant settlement-day surprises (Baltimore Sun)

  Kenneth Harney -- Nation's Housing Almost anyone who's bought a house or taken out a mortgage in recent years knows the problems:
  2008-03-23 12:35:57

• HUD proposes mortgage terms overhaul to provide better disclosure, crack down on scammers (Contra Costa Times)

  Real estate news from Washington; President Bush supports an overhaul of the mortgage loan process
  2008-03-23 12:37:23

• More News (The Scranton Times-Tribune)

  The past year in business news saw ups and downs, including job creations, job losses, foreclosure rises and changing practices. Here are some of the highlights. For more of the year’s business news, check out our interactive time line that includes links to the full stories at www.thetimes-tribune.com.
  2008-03-23 01:02:30

• Mortgages proposal would aid consumers (Seattle Times)

  Almost anyone who has bought a house or taken out a mortgage in recent years knows the problems: • Lenders' "good-faith estimates"...
  2008-03-23 02:17:56

• Tough times test Central Florida's financial fortitude (Orlando Sentinel)

  Central Floridians trim expenses, but some still struggle to make ends meet Rising consumer prices and slumping home values are straining some Central Floridians, especially those with lower incomes and oversized mortgage payments.
  2008-03-23 03:52:50

• Weak data on economy expected this week (The Buffalo News)

  NEW YORK — More than six months have passed since the Federal Reserve started lowering interest rates. Usually, this is the point when there's evidence that a rate cut is having a salutary effect on the broader economy.
  2008-03-23 03:59:52

• Fed In Full Throttle; Will Credit Markets Respond? (Nasdaq)

  (RTTNews) - The Government and the central bank stepped-up their fight against the credit crisis, as evidenced by the flurry of measures announced last week.
  2008-03-23 05:21:42

• How to survive the big credit crunch (Times Online)

  Will the crisis afflicting the world’s financial markets spread to the wider economy and affect us all?
  2008-03-22 02:21:36

• Determining How Much Home Can You Afford (About.com)

  Real estate, mortgages, and the credit crisis have been making headlines for many months, and for good reason. Buying a home is likely one of the biggest and most important...
  2008-03-22 04:00:22

• How to Plan for Retirement Evaluation now can prove to be salvation later (The Gadsden Times)

  Special to The Times
  2008-03-22 08:25:09

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