Mortgages In Ohio

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10/22/2008 News For:

Mortgages In Ohio

Dodd says mortgages subject of ethics panel  Connecticut Sen. Christopher Dodd said Wednesday that he's awaiting the conclusion of a Senate ethics inquiry before releasing information to two mortgages he received from Countrywide Financial Corp.

John McCain and Sarah Palin Campaign to Thousands in Northeast Ohio  As recent polls suggest, the presidential race between Republican John McCain and Democrat Barack Obama is tightening, McCain and running mate Sarah Palin spoke to more than 12,000 people at Green High School near Akron. ideastream?'s Kymberli Hagelberg has this report.

Confusion Mars Ohio Vote On Payday Lenders  Voters in Ohio are being asked to give the state permission to lower a cap on interest on payday loans to 28 percent. As the industry fights back, many say its ads are confusing voters.

U.S. Bank Is Cautious in Report on Region  The Federal Reserve Bank of New York released its midyear report delayed by market confusion on the region?s economy in which it predicts a decline in new jobs.

2 small planes collide in air in Colo; no injuries   A sheriff's department plane carrying inmates collided with another small craft in the air over western Colorado on Wednesday, but both landed safely and no injuries were reported, authorities said.

'Under Water' Mortgages are Growing Threat to US  As the financial crisis continues to spread, nearly one in six U.S. homeowners are finding themselves owing more on their mortgages than her house was worth.

Comverse reports $200 million in troubled ARS holdings  Comverse Technologies reported to the SEC that it holds $200 million in Auction Rate Securities - a type of loan-back bond whose interest rate is set by monthly auctions.

Ohio's three largest banks report losses  National City Corp., Fifth Third Bancorp and KeyCorp, Ohio's largest banks, Tuesday reported third-quarter losses amid the worst housing slump since the Great Depression.

Variable mortgages cheaper after rate cut  Variable mortgages have become a bit cheaper after the Bank of Canada cut its key lending rate by a quarter of a percentage point on Tuesday. The big winners are people who already hold variable products at a fixed discount to prime, the rate the banks offer their best customers.

N.Y. Lawyer Found Shot in Parking Lot  Police are puzzling over the death of a Long Island, N.Y., mortgage lawyer found shot in the head near a busy road in the middle of the afternoon. Police say a passing driver found the wounded man in the parking lot of a closed restaurant. James DiMartino, 44, died at a hospital some hours later.