Mortgage and Financial News From 2008-8-26 Page 9
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Midwest Banc in a bind over Fannie, Freddie exposure (Crain's Chicago Business)
(Crain’s) — Melrose Park-based Midwest Banc Holdings Inc. has one of the heftiest positions among banks nationwide in the stocks of beleaguered mortgage giants Fannie Mae and Freddie Mac. The outsized investments have prompted investor concern that Midwest Banc will have to take a big ...
2008-08-26 01:01:01 -
Hope for bank stocks (Canadian Business)
This week’s expected rocky profit numbers from Canada’s major banks should not be reason for investors to avoid the Canadian financial services sector, according to one market watcher.
2008-08-26 01:01:46 -
FDIC: Bank Profits Fell 86% in 2Q (Time Magazine)
Federal regulators say U.S. banking industry profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued
2008-08-26 01:05:22 -
FDIC: 117 troubled banks, highest level since 2003 (AP via Yahoo! Finance)
The number of troubled U.S. banks leaped to the highest level in about five years and bank profits plunged by 86 percent in the second quarter, as slumps in the housing and credit markets continued.
2008-08-26 01:11:38 -
Wilshire Finance Partners Launches New Fund to Raise $100 Million for Commercial Property Loans (Business Wire via Yahoo! Finance)
LOS ANGELES----Wilshire Finance Partners has launched its second real estate mortgage pool fund to raise $100 million to make commercial property loans. The new fund, Wilshire Income Fund II, is the company's first fund to target borrowers and investors nationwide.
2008-08-26 01:12:00 -
Census: Income rose, middle class grew in 2007 (The Christian Science Monitor)
But child poverty also rose, according to the new report.
2008-08-26 01:13:56 -
PRESS DIGEST - Financial Times - August 26 - FXStreet.com
LONDON, Aug 26 (Reuters) - BAE'S TURNER SAYS DEFENCE KEY TO UK'S INTERNATIONAL STANDING Mike Turner, the chief executive of BAE Systems , has suggested that Britain risks losing its influence abroad unless the government makes defence a ...
2008-08-25 09:48:00 -
How to Trim FAFSA’s Fat - Inside Higher Ed
The complexity of the federal financial aid process is among the more obvious, and ostensibly, fixable reasons cited to explain why low-income students are far less likely to attend college than their peers. So far, despite efforts on multiple fronts ...
2008-08-26 07:57:00 -
Farmington Cancer Center Gets Accreditation Renewed (KOAT Albuquerque)
The San Juan Regional Cancer Center has had its accreditation from the American College of Surgeons Commission on Cancer renewed.
2008-08-26 10:19:23 -
What Do Those Medical Terms Mean? (WGAL 8 Susquehanna Valley)
Sometimes, a doctor will use a technical term that you just don't understand. Learn some of the words you need to know.
2008-08-26 11:01:44 -
What Do Those Medical Terms Mean? (Fox 12 Oregon)
When you head to the doctor, you may be anxious or scared about your health. But sometimes, doctors and patients speak a different language. Your health care provider offers information in jargon that you don't understand, and perhaps you're too embarrassed to speak up or ask questions.
2008-08-26 11:03:18 -
17 Percent In Oregon Lack Health Insurance (Fox 12 Oregon)
PORTLAND, Ore. -- New U.S. Census figures show an estimated 621,000 Oregonians, 17.3 percent of the population, without health insurance in 2006 and 2007, up from 15.9 percent from 2004-2005 based on two-year averages.
2008-08-26 11:18:08 -
N.H. Company Has Highest Real Estate Tax Bill In Washington (WMUR New Hampshire)
A New Hampshire-based company that was given a $30 million D.C. government subsidy to buy Greater Southeast Community Hospital has the largest delinquent real estate tax bill in Washington.
2008-08-26 11:45:38 -
WWE Star John Cena Has Surgery At UPMC (WTAE-TV Pittsburgh)
UPMC doctors in Pittsburgh are operating on WWE professional wrestler John Cena to fix a herniated disc in his neck.
2008-08-26 12:01:50 -
Obama aide optimistic over Pa. registration - Philadelphia Inquirer
DENVER - The campaign manager for Democrat Barack Obama said yesterday that the key to winning the election was changing the electorate - and that Pennsylvania was a prime example of how to get it done. In a briefing with reporters from battleground ...
2008-08-26 01:51:00