Mortgage and Financial News From 2008-9-21 Page 6
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Home losses continue to grow (The San Luis Obispo Tribune)
With their neatly landscaped yards, resurfaced driveways and handsome outdoor trim, it’s evident that many homeowners on Dorothy Street take pride in their houses. But in this Paso Robles neighborhood — one of the city’s older ones — about half a dozen homes have been in foreclosure during the past year. And, that has some neighbors concerned about eroding property values and the condition of ...
2008-09-21 12:18:36 -
Wall Street's rocky week: how local experts see it (The Tennessean)
Wall Street just ended a dramatic week that saw nothing short of the restructuring of America's financial system.
2008-09-21 12:22:00 -
Stung twice: when marriage ends, but mortgage doesn't (Baltimore Sun)
It's hard enough at the best of times to decide what to do with the house during a divorce. When homes on the market outnumber sales 10 to 1, that's really not the best of times.
2008-09-21 12:42:21 -
Big dreams of WaMu dashed by risky loans (Seattle Times)
Former CEO Kerry Killinger's dream of turning WaMu into a coast-to-coast Wal-Mart of household finance has crumbled.
2008-09-21 12:44:22 -
Chris Satullo: Of Wall Street, moral hazard and our new fortune (The Philadelphia Inquirer)
The dukes of moral hazard have had a rough few weeks. Some sit dazed and bleeding in the gutters of Wall Street. Some hang on, scared and chastened.
2008-09-21 12:46:25 -
Experts say bailout may stabilize prices (Baltimore Sun)
Home prices. That's what the Bush administration's historic Wall Street bailout is really about.
2008-09-21 12:53:53 -
St. Louis polo club brings game to the masses (Midland Reporter-Telegram)
By Betsy Taylor Associated Press DEFIANCE, Mo. -- At the Blue Heron Polo Club, eight riders blaze down the field, their horses' hooves thundering beneath them.
2008-09-21 01:23:40 -
Fed chief expects increase in jobs - Washington Times
Federal Reserve Chairman Alan Greenspan yesterday dismissed worries that the U.S. recovery could peter out because so few jobs are being created, asserting the economy is not capable of growing rapidly for long without producing jobs. "It's just a ...
2008-09-10 07:10:00 -
How safe is your job? See who are more vulnerable to layoffs than ... - CNBC
The US Government seizes control of the two mortgage finance companies, launching what could be its biggest federal bailout ever. The foreign exchange maneuver known as the carry trade looks set to continue unwinding, with bearish investors scared of ...
2008-09-10 12:25:00 -
Paul Vallely: Spivs get rich. Greed prospers. I'm no expert, but this ... - The Independent
The demise of some of capitalism's wealthiest players might be seen as poetic justice but it does offer a sensible opportunity to rein in the excesses of the investment banking system We are all driven, it is said, by greed and fear. Certainly, there ...
2008-09-20 10:43:00 -
We're all to blame, even dear old Harry - Guardian Unlimited
Sylvere Mudendeli at the massacre site of Kabuye, where he lost most of his family. Photograph: Frederic Courbet/Panos Pictures With global capital losses so far totalling at least $1 trillion, and with these losses leading not only the US economy ...
2008-09-20 08:06:00 -
Inflation continues to hurt India - Tehran Times
The Business Confidence Index (BCI) has touched a five-year low of 125.8 for July 2008, falling by almost 22.8 points since the previous quarter. This has probably been the steepest fall in the BCI since 2003. And this sharp decline is largely due to ...
2008-09-20 11:05:00 -
Poll: Race between Democrat Obama, Republican McCain about even in ... - Minneapolis Star Tribune
THE POLL: EPIC-MRA poll, presidential race among likely voters in Michigan. THE NUMBERS: Barack Obama, 43 percent, John McCain, 42 percent. OF INTEREST: The economy remains the dominant issue in the state, whose August unemployment rate again led the ...
2008-09-20 02:29:00 -
Loans came easily, then fell apart (Milwaukee Journal Sentinel)
While earning a salary of $21,000 a year, Leesa Robinson landed on top of the real estate world in 2006, overseeing...
2008-09-20 10:40:53 -
Testing â€Pondâ€s†depth (Rapid City Journal)
The warm, reflective, comedic drama of “On Golden Pond” by Ernest Thompson is a fitting choice to usher in Black Hills Community Theatre’s 40th season. The show opens at 7:30 p.m. today at the Rushmore Mall. A reception in the mall’s skylight area near the theater will be from 6 p.m. to 7 p.m.
2008-09-20 10:41:08