Thrifts told not to alter loans (The Columbus Dispatch)
WASHINGTON -- After a rash of consumer complaints, the federal agency charged with regulating savings and loans warned lenders that they cannot arbitrarily change the terms of home-equity loans. Top Scoops (Scoop.co.nz)
If he's the answer, then the question must be ridiculous. - NY Governor David Paterson on John McCain Existing Home Sales in the U.S. Probably Rose From Decade Low (Bloomberg.com)
Aug. 25 (Bloomberg) -- Sales of existing houses in the U.S. probably rose in July from a 10-year low as declining prices helped stabilize demand, economists said before a report today. Worries About Major Banks Drag Down the Market (New York Times)
Shares that went up on Friday plummeted on Monday. The markets dropped after a flurry of disappointing news about several major financial institutions. Banking and Financial (Mondaq)
A New York State trial court (the "Court") dismissed a complaint filed by limited partners of a hedge fund now in receivership against the fund's former prime broker, custodian and clearing broker (th... Wall St. Rattled by Bank News; Stocks Sell Off (New York Times)
The Dow was down about 240 points after a flurry of disappointing news about several major financial institutions. Bank Worries Again Play on Markets (New York Times)
Concerns about major banks and insurance companies, including American International Group, sent stocks sharply lower on Monday. Stocks fall as banks look fragile (International Herald Tribune)
U.S. markets dropped on Monday after a flurry of disappointing news about several major financial institutions. Bankers find opportunities (The Cincinnati Enquirer)
While some lenders are backing out of the distressed home loan market, two local industry veterans are getting back into the business. UPI NewsTrack Business (UPI)
U.S. stocks post strong rally Friday ... Siberian judge denies Yukos founder parole ... GM to invest $500 million in new compact ... Freddie Mac finds investors balking ... News from United Press Inte...
