Mortgage and Financial News From 2008-4-4 Page 01
Previous Day: 2008-04-03
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Burns: House isn't safe haven from dollar's dangers (Houston Chronicle)
Concern about inflation and the decline of the dollar is now virtually universal. Unfortunately, buying a larger house isn't a good way to find a safe haven.
2008-04-04 10:48:47 -
Iowa economy gains, but weaknesses lurk (The Altoona Herald-Mitchellville Index)
Iowa's economy has grown 13 consecutive months, but a new state report hints at some weaknesses that could cause trouble. Manufacturing and farming are driving the gains, according to February's economic indicators report by the Iowa Department of Revenue.
2008-04-04 11:06:49 -
Recession? Experts don't agree (Wisconsin State Journal)
Is the U.S. already in a recession or can the dreaded R-word be averted? Experts who addressed the Economic Outlook 2008 conference at UW-Madison 's Fluno Center on Friday didn 't quite agree. "It 's a rotten economy, whether they call it a recession or not, " said Don Nichols, UW-Madison professor emeritus of economics and public affairs. "I think it 's pretty clear we 're in a recession. " But ...
2008-04-04 11:08:19 -
Biggest job loss in 5 years (The Times of Northwest Indiana)
WASHINGTON | It's no longer a question of recession or not. Now it's how deep and how long.
2008-04-04 11:25:24 -
Condo developer tries to stay afloat by filing for Chapter 11 (Daytona Beach News-Journal)
DAYTONA BEACH -- Felix Amon, a brash, Austrian condo developer who still clings to the hope of becoming a real estate billionaire, recently has sought to fend off a burgeoning list of creditors by filing for Chapter 11 bankruptcy both personally and for two more companies he controls.
2008-04-04 11:31:23 -
Letters: Poor show by Labour on tax (Guardian Unlimited)
Letters: A year ago Labour abolished the 10p tax band, which comes into effect on Sunday, in the full knowledge that 5m households on low incomes will be negatively affected
2008-04-04 04:26:29 -
Florida lender cuts Hub offices (Boston Herald)
Small-business mortgage lender Bayview Financial is closing or scaling back its two Hub offices as part of a nationwide downsizing, eliminating some 60 local jobs. Florida-based...
2008-04-04 09:28:08 -
Tory proposal (Financial Times)
Mr Osborne, on a visit to New York to discuss the US response to the credit crunch, said ministers should work with banks to ensure homeowners moving off fixed-rate mortgages were warned about looming increases in payments and offered financial advice.
2008-04-04 05:35:32 -
Saturday's Our View: Kicking those already down (Southwest Iowa News)
While Congress is mulling how best to deal with the housing crisis, it might want to consider a not-altogether-reassuring outgrowth of that crisis.
2008-04-04 09:48:26 -
The Big Brokers Blew It. They Should Bear the Cost. (Washington Post)
Once upon a time on Wall Street, in the days when investment banks were small private partnerships, a simple but ingenious idea kept bankers and traders accountable for their actions: the collective-liability clauses in their partnership agreements. A mistaken trade here or bad advice there, and all the partners suffered. Conversely, if things went well -- as they mostly did -- these same ...
2008-04-04 05:47:47 -
Becoming Recession-Proof (WXIA-TV Atlanta)
The number of recent job losses in the country has been staggering. Just last month alone, 80,000 jobs were lost -- the third month in a row of rising unemployment.
2008-04-04 06:20:08 -
Wells Fargo named in suit (Kerrville Daily Times)
Cory Walters has filed suit against Wells Fargo in a San Antonio federal court alleging it violated the Federal Securities Act and Texas Business Commerce Code when it gave him financial direction.
2008-04-04 08:51:24 -
Mortgage crisis may not subside for years (North County Journal)
It may take several years before the mortgage crisis eases in places like North County, which has been especially hard hit with foreclosures.
2008-04-04 10:52:17 -
Energy-efficient mortgage saves buyer money (Akron Beacon Journal)
Q: Mortgages are always in the news these days, but I never read anything about the energy-efficient mortgages you have been talking about for a long time. Are they still around?
2008-04-04 10:44:55 -
Coastal business (The Myrtle Beach Sun News)
MYRTLE BEACH Market Common shop assists with mortgages For Sale Options real estate company has opened in one of the live/work townhouses next to The Market Common.
2008-04-04 09:20:27