Mortgage and Financial News From 2008-2-5 Page 10

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  • A Barometer for a Stormy Market - BusinessWeek

    A Barometer for a Stormy MarketBusinessWeek - 7 minutes ago... in US economic growth, and a more broadly accepted perception that the Federal Reserve was increasingly behind the curve in terms of interest rate cuts. ...
    2008-02-05 09:52:58

  • Service sector activity plunges - San Gabriel Valley Tribune

    Service sector activity plungesSan Gabriel Valley Tribune, CA - 1 hour ago... falling home prices and an ever-increasing wave of home foreclosures. Last month, the mortgage lender reported that its loan production for November was ...
    2008-02-05 08:12:16

  • Speculators May Have Accelerated Housing Downturn - Wall Street Journal

    Speculators May Have Accelerated Housing DownturnWall Street Journal - 58 minutes agoLenders typically allowed investors to finance no more than 90% of a home's value, but if borrowers said they planned to live in the property, ...
    2008-02-05 09:01:51

  • Razor gang to save $642m (Adelaide Now)

    THE Federal Government's razor gang will save $642 million over four years in government spending to relieve the pressure on inflation and interest rates.
    2008-02-05 08:30:00

  • Valley companies work to sublease unused office space - Arizona Republic

    Valley companies work to sublease unused office spaceArizona Republic, AZ - 58 minutes agoPlenty of home builders, title companies and mortgage lenders were based there, but many have downsized or gone out of business. "The problem is that due to ...
    2008-02-05 09:01:54

  • Front Page News (Emery County Progress)

    Farmers in western Emery County will have a new planting option this spring. The San Rafael Conservation District and the Castleland Resource Conservation and Development Council received a Conservation Innovation Grant from the USDA to purchase two no-till drills and two transport trailers.
    2008-02-05 08:45:00

  • Governing Labour Falls Further in Britain (Angus Reid)

    (Angus Reid Global Monitor) - Britain’s governing Labour party continues to lose public support, according to a poll by ICM Research. 37 per cent of respondents would back the opposition Conservative party in the next election to the House of Commons, unchanged since mid-January.
    2008-02-05 08:51:15

  • 'Is Foreclosure Right for You?' - Voice of San Diego

    'Is Foreclosure Right for You?'Voice of San Diego, CA - 52 minutes agoTricia Moore, a mortgage broker in Pacific Beach, received one of the cards in the mail recently. "The postcards are coming," she said. ...
    2008-02-05 09:08:04

  • DUVALL: All those empty houses - Tonawanda News

    DUVALL: All those empty housesTonawanda News, NY - 50 minutes agoLenders call it an “upside down” loan — when a mortgage holder owes more than the house is actually worth because of the deadly combination of falling home ...
    2008-02-05 09:10:33

  • Eurozone Business Activity Weakest in Over Three Years (Industry Week)

    Feb. 6, 2008 -- A service sector slump in January plunged business activity in the nations sharing the euro to the lowest level in over three years, a widely watched survey showed Feb. 5. An NTC Research survey of business leaders fell to 51.8 points in January from 53.3 points in December for the lowest reading since November 2004.The result fell short an an initial estimate of 52.7 points but ...
    2008-02-05 09:08:13

  • Subprime's False Hope, 2008 Reversals, Japan-US Ties: Timshel - Bloomberg

    Subprime's False Hope, 2008 Reversals, Japan-US Ties: TimshelBloomberg - 31 minutes agoThornburg Mortgage Inc., a specialist in adjustable-rate loans to home buyers with relatively good credit, had net income of $64.8 million. ...
    2008-02-05 09:28:47

  • Is a US slowdown good for Indian markets? (rediff.com)

    Problems could linger both in the financial markets and the real sector but one could just see the mix of data and news emerging from the US turning favourable. This could be the turning point for Indian equity markets.
    2008-02-05 09:24:25

  • Staff: Change S. Park project - Jackson Hole News

    Staff: Change S. Park projectJackson Hole News, WY - 30 minutes agoAnne Hayden Cresswell, the housing trust’s executive director, said she developed the prices with local lenders using conservative numbers. ...
    2008-02-05 09:29:47

  • Transportation firms to file bankruptcy (Việt Nam News)

    HA NOI — Five of the Ministry of Transport’s most indebted firms will declare bankruptcy in the 2008-09 period, said transport deputy minister Le Manh Hung.
    2008-02-05 09:36:02

  • Iran's oil bourse could topple the dollar (Online Journal)

    Two weeks ago George Bush was sent on a mission to the Middle East to deliver a horse's head. We all remember the disturbing scene in Francis Ford Coppola's “The Godfather” where Lucca Brassi goes to Hollywood to convince a recalcitrant movie producer to use Don Corleone's nephew in his next film.
    2008-02-05 09:46:28

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