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Miami Beach informant dodged problems (Miami Herald) bi2690202 April 2007 was a busy month for Miami Beach developer Michael Stern. On April 10, two of properties were freed from a costly mortgage -- a document now said to be forged. Three days later, he wrote a check to a real-estate investor for $830,000 -- worthless, according to a recent lawsuit

Free workshop at South Dade library helps stop foreclosures (Miami Herald) bi2690202 One out of seven homes Florida now ending up foreclosure -- one of the nation's highest s. To help keep more families from losing homes, Miami-Dade Commissioner Katy Sorenson hosting a free foreclosure prevention workshop Saturday from 10 a.m. to 5 p.m

How the major stock market indexes fared Wednesday (Miami Herald) bi2690202 Stocks ended an erratic session modely higher Wednesday, lifted by buying the energy, materials and consumer-staple sectors. Investors remained nervous, however, about the financial sector after Lehman Brothers Holdings Inc. said plans to sell a majority stake investment management business and spin off mortgage assets

Sector Snap: Homebuilders up on mortgage bailout (AP via Yahoo! Finance) bi2690202 Major homebuilders' stocks were trading higher Monday, buoyed by the bailout of mortgage giants Fannie Mae and Freddie Mac

Stocks rally on plan for mortgage giants (Miami Herald) bi2690202 Stocks rallied Monday as investors placed bets that a recovery the financial and housing sectors more likely to occur following the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points

Mortgage lender Nationwide announces merger (Miami Herald) bi2690202 The Nationwide Building Society, a British mortgage lender, said Monday taking over two smaller rivals

Countrywide Informs Customers Of Data Breach (CBS4 Miami) bi2690202 Mortgage giant Countrywide Financial informed as many as 2 million customers personal data, including social security numbers, may have been stolen. The data was allegedly stolen from the mortgage company's computer system

Sector Snap: Homebuilders up on mortgage bailout (INO News) bi2690202 (AP:LOS ANGELES) Major homebuilders' stocks were trading higher Monday, buoyed by the bailout of mortgage giants Fannie Mae and Freddie Mac. Atlanta-based Beazer Homes USA Inc. led the sector, adding 72 cents, or 9.2 percent, to $8.59 afternoon trading

Florida couple turns food talk board game (The Pantagraph) bi2690202 MIAMI -- Eric and Monica Ash moved to northwest Broward, Fla., from Alexandria, Va., May a newborn, a toddler and no regular paychecks to cover the mortgage or employers to subsidize the health insurance. Eric says they're living a dream

Fannie & Freddie (KSN - KODE Joplin) bi2690202 The federal buyout of two of the largest mortgage companies could make easier for you to get a home. Mortgage lenders at Arvest Bank Miami, Oklahoma have noticed the interest s have gone down last week

ECB likely to keep rate steady; BoE may go lower - International Herald Tribune bi2690202 AFP ECB likely to keep steady; BoE may go lower International Herald Tribune, France - 3 hours ago AP FRANKFURT, Germany: The European Central Bank expected to keep key interest unchanged week to fight lingering inflation despite the ECB lends $30.742 bln new dollar tender, 0.5 pct Reuters Euro zone inflation dips again RTE.ie Lending s soar to 11 pct $30 bln ECB auction Forbes guardian.co.uk - Financial Timesall 337 news articles..

Banks miser mode send borrowing rates soaring - The Associated Press bi2690202 CEP News Banks miser mode send borrowing s soaring The Associated Press - 5 hours ago NEW YORK (AP) ? Bank-to-bank lending s jumped Tuesday and Treasury bill demand eased only slightly, a day after Congress' rejection of the bank bailout Short-Term Funding Pressure Rises Wall Street Journal Credit markets tight; Treasurys mixed CNNMoney.com Crisis of Confidence Continues Zacks.com Wall Street Journal - The Associated Pressall 718 news articles..

Huge TVA electric rate increase takes effect - The Associated Press bi2690202 Northeast Mississippi Daily Journal Huge TVA electric increase takes effect The Associated Press - 1 hour ago (AP) ? The Tennessee Valley Authority's largest electric increase more than three decades takes effect Wednesday as thousands of consumers already Huge TVA electric increase takes effect Kentucky.com TVA changes 1967 The Associated Press all 71 news articles..



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