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Less Than Perfect Credit Home Loan - News Articles
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Aug 5, 2008
Rochester Democrat and Chronicle, NY -
ALBANY — Gov. David Paterson is set to sign legislation today that housing advocates say will be a major step toward easing the home foreclosure crisis in New York state. The package of reforms is expected to provide better protection for homeowners facing foreclosure and ... -
Tuesday, August 05, 2008
Politics on the Hudson, NY -
Gov. Paterson signed legislation today in Queens that housing advocates say will be a major step toward lessening the growing home foreclosure crisis in New York. We had a story today about the bill signing, but the reforms will ... -
Wednesday, August 06, 2008
Albany Times Union, NY -
By CHRIS CHURCHILL, Business writer ALBANY -- New York has a new law designed to curb the rising number of home foreclosures -- but unless you took out a subprime loan, most of its provisions won't help you. Still, lending experts and housing counselors are calling the legislation, ... -
Wednesday, August 06, 2008
Staten Island Advance - SILive.com, NY -
By JUDY L. RANDALL STATEN ISLAND, NY -- Two Staten Island lawmakers who've taken the lead in addressing the subprime lending mess were on hand for the signing of a bill aimed at helping homeowners in foreclosure. The measure, passed by the ... -
Tuesday, August 05, 2008
The Associated Press -
SUBPRIME CONFESSIONS: Richard Bitner used to brag about his job — that is, before subprime lenders were viewed less favorably amid the credit crisis and mortgage meltdown. Bitner, author of the recently published "Confessions of a Subprime Lender: An Insider's Tale of Greed, ... -
Tuesday, August 05, 2008
AFP -
PARIS (AFP) — The collapse of the subprime mortgage market in the United States and the subsequent global financial crisis has provoked the sharpest fall on world stock markets since the end of the Internet bubble in 2001-2002. In the last year, leading indices ... -
Tuesday, August 05, 2008
Business Spectator, Australia -
In the second of a two-part series, John Gapper of the Financial Times explains how credit markets moved within weeks from disbelief to panic. On Friday August 3 last year, as US financial markets were approaching the ... -
Aug 5, 2008
Reuters -
(Reuters) - Former Bear Stearns CEO Alan Schwartz is weighing a number of options as he prepares to leave JPMorgan Chase, including joining an investment bank or well-heeled private-equity firm, the New York Post quoted sources as saying. ... -
Tuesday, August 05, 2008
The Age, Australia -
DEATH is God's quiet way of saying slow down. Something more powerful than God, the US banking system, has been tapped on the shoulder and the Flaming Star flames no more. This will affect us all, but before we race to withdraw our deposits, or call super ... -
Tuesday, August 05, 2008
The Age, Australia -
THE world's financial system is at a crossroad, with Citigroup, America's largest bank, dangerously exposed on many fronts. Five of the six financial institutions that essentially rule the US are bleeding and almost on their knees. One, Goldman Sachs, rides high, the ...
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Wednesday, August 06, 2008
Economic Times, India -
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Wednesday, August 06, 2008
RTT News, NY -
(RTTNews) - Commerzbank (CRZBY.PK: News, Chart, Quote ) reported second-quarter consolidated surplus attributable to shareholders of 817 million euros, compared to 768 million euros last year. Consolidated surplus for the period was 870 million euros, compared to ... -
Aug 4, 2008
Bloomberg -
By Aaron Kirchfeld Aug. 4 (Bloomberg) -- Commerzbank AG, Germany's second-largest bank by assets, may say second-quarter profit declined on debt- related ... -
Wednesday, August 06, 2008
AFP -
FRANKFURT (AFP) — Commerzbank, the second biggest German bank, posted on Wednesday a gain in second-quarter net profit, owing to a favourable tax effect, along with a plunge in operating earnings. Net profit went up 6.4 percent to 817 million euros (1.26 ... -
Wednesday, August 06, 2008
International Herald Tribune, France -
AP FRANKFURT, Germany: Commerzbank AG said Wednesday that its second-quarter net profit rose by 6.4 percent thanks to a tax gain, but made clear it is still feeling the impact of the financial crisis and market volatility. The Frankfurt-based bank, Germany's second-biggest, said Wednesday ... -
Wednesday, August 06, 2008
Wall Street Journal -
By ULRIKE DAUER FRANKFURT -- Commerzbank AG on Wednesday posted a better-than-expected 6.4% rise in second-quarter net profit, as a €386 million ($596.9 ... -
Wednesday, August 06, 2008
Forbes, NY -
By GEORGE FREY 08.06.08, 4:48 AM ET Commerzbank AG said its second-quarter net profit rose by 6.4 percent thanks to a tax gain, but made clear it is still feeling the impact of the financial crisis and market volatility. The Frankfurt-based bank, Germany's second-biggest, said Wednesday ... -
Wednesday, August 06, 2008
Deutsche Welle, Germany -
Germany's second biggest bank, Commerzbank, reported a higher-than-forecast 6.4-percent rise in second-quarter net profit despite fresh write-downs resulting from the global financial crisis. The Frankfurt-based bank said on Wednesday, Aug. ... -
Wednesday, August 06, 2008
Bloomberg -
By Aaron Kirchfeld Aug. 6 (Bloomberg) -- Commerzbank AG, Germany's second-largest bank by assets, said profit in the second quarter rose 6.4 percent as a ... -
Wednesday, August 06, 2008
Bloomberg -
By Henrietta Rumberger Aug. 6 (Bloomberg) -- Germany's benchmark DAX Index declined as German factory orders unexpectedly fell for a seventh month in June, increasing the likelihood Europe's largest economy contracted in the second quarter. ...
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