Massachusetts business brief (The MetroWest Daily News) bi2770040 Unemployment payments get an extension; Norwell promotions firm expands New ; Abbott Labs? new stent gets federal clearance

NFB exec jumps bank fray (Long Island Business News) bi2770040 Another startup headed to Long Island, one powered by an ex-North Fork executive who flew the coop after Capital One closed deal on what was once the region?s biggest bank

William Lyon's plan (San Diego Daily Transcript via Yahoo! News) bi2770040 William Lyon Homes announced prices from the mid-$600,000s at Maybeck at 4S Ranch

Lawyers' tactic slows rate of forfeited houses New Jersey (The Star-Ledger) bi2770040 Most home foreclosures being processed New are illegal, a growing group of attorneys contends, because lending institutions cannot prove they own the debt they are trying to collect

New low for new UK mortgages (BBC News) bi2770040 The number of new mortgages being approved for house purchases has dropped heavily for another month

(AFX UK Focus) 2008-07-04 18:52 Bradford & Bingley rights issue to offer 67 n bi2770040 LONDON (Thomson Financial) - Bradford & Bingley Plc. said issue approximately 828 million new shares enlarged rights issue, representing approximately 57 percent of enlarged share capital, 67 new shares offered for every 50 existing shares

Once common, assumable mortgages now hard to find (Milwaukee Journal Sentinel) bi2770040 Albany, N.Y. - There was a time when so-called assumable mortgages were common. In the 1980s, for example,..

'Credit crunch' new deposit dictionary (BBC News) bi2770040 New entries the latest edition of the Concise Oxford English Dictionary include credit crunch, and non-dom

Read the news entries the Oxford English Dictionary (icWales) bi2770040 EVERY year holds a mirror up to our preoccupations ? so should come as no surprise that year the phrases ?sub-prime mortgages? and ?credit crunch? are among the new entries the Oxford English Dictionary

LA, Miami foreclosures more than double: report (Reuters via Yahoo! News) bi2770040 New foreclosures almost quadrupled Los Angeles and more than doubled Miami the second quarter from a year ago, over $5 billion of mortgages turning sour LA alone, real estate research firm PropertyShark.com said

Higher sales spur growth home mortgages (The Sarasota Herald-Tribune) bi2770040 The increase home sales Manatee, Sarasota and Charlotte counties, coupled new user-friendly FHA loans and new loan limits, seems to be helping to lift mortgage applications out of the basement rate of the past two years

Do your homework on reverse mortgages (NZCity) bi2770040 If you?re over 60 and own a house or other property, a reverse mortgage can seem an attractive option to help fund your retirement or pay for a major expense. But make sure you know the full costs and check out all your options before you sign on the dotted line

Mortgage rates fall, reversing 5-week streak (San Diego Union-Tribune) bi2770040 Rates on 30-year mortgages, had been rising for five straight weeks, posted a decline week as signals from the Federal Reserve eased worries about imminent rate increases

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