Mortgage and Financial News From 2008-4-6 Page 4
Previous Day: 2008-04-05
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Good News for Bernanke From Bond Market Is Bad News for Rates (Bloomberg.com)
April 7 (Bloomberg) -- For the first time since December, the bond market is closing the credibility gap with Ben S. Bernanke and signaling its agreement with the Federal Reserve chairman that an economic collapse has been averted and that interest rates are bottoming.
2008-04-06 03:57:47 -
Europe to press G7 on market faultlines, FX flux (Stuff)
Europe will press the G7 group of industrialised economies next week to demand more disclosure from banks on their securitisation activities and the exotic securities behind the global credit crunch.
2008-04-06 01:46:12 -
Reliant Healthcare developing $24M rehab hospital (Fort Worth Business Press)
Dallas-based health service provider Reliant Healthcare Partners is developing a 60-bed, 62,000-square-foot acute rehabilitation hospital in Bedford.
2008-04-06 02:08:38 -
Treasury Committee casts doubt on growth forecasts (The Herald)
The government may have underestimated the impact of the credit crunch on economic growth, an influential committee of MPs is warning today as figures emerged that increasing numbers of overstretched businesses are going bust.
2008-04-06 02:22:38 -
Tower Closes New Zealand Mortgage Fund, Citing Loans Arrears (Bloomberg.com)
April 7 (Bloomberg) -- Tower Ltd. , New Zealand's third- biggest fund manager for individuals, closed a NZ$242 million ($191 million) mortgage fund as more of the loans fall into arrears.
2008-04-06 02:30:36 -
The Mortgage Bust Goes Global (NYTimes.com via Yahoo! Finance)
The consequences of millions of foreclosures across the U.S. are also being felt far overseas.
2008-04-06 02:39:58 -
Bank stocks expected to take a hit this quarter (Minneapolis-St. Paul Star Tribune)
Credit worries and hurting mortgage-holders are still casting shadows on the outlook for bank earnings - in Minnesota and beyond.
2008-04-06 02:48:35 -
Ocala Real Estate: Current Home Inventory And Resale Levels (Turks.US)
The city of Ocala, along with the whole of Marion County at present, has a very high housing inventory level , which amounts to approximately a 12-month supply of homes. This present scenario is one of the major causes for the drastic price reductions in home prices.
2008-04-06 02:11:25 -
Motley Fool (The Courier News)
Moving your IRA money
2008-04-06 02:24:38 -
Families turn to private lenders as college costs rise (Zanesville Times Recorder)
A 35-year old periodontist in North Carolina and a 30-year legal-aid worker in Michigan may appear to have little in common on the surface.
2008-04-06 03:32:46 -
Senate report from Frankfort (The Middlesboro Daily)
With less than ten days remaining in the 2008 General Assembly session, our emphasis has shifted more strongly to developing a two-year budget for Kentucky.
2008-04-06 07:05:25 -
Money managers remain optimistic (Tacoma News Tribune)
Somewhere between falling home values and rising gas prices, between higher unemployment and low GDP growth, the U.S. economy is struggling to stay above water. Held down by declining consumer confidence, a weakening dollar and the specter of inflation, it can’t catch a break.
2008-04-06 07:43:20 -
Richard White: Strict collection policy helps protect association’s interests (Naples Daily News)
Q. Two condominium units in our association have been foreclosed due to nonpayment of first mortgages. There was $15,500 in past-due maintenance and attorney fees due to our association. Unfortunately, our association stands to only recover about $1,500 in spite of the liens that had been filed against the property. Any suggestions on how we can protect ourselves from this type of loss in the ...
2008-04-05 12:36:21 -
And It All Comes Down to This... (WallStreet Journal via Yahoo! Finance)
Eight simple suggestions can help keep your investment goals on track in the years ahead.
2008-04-05 06:27:00 -
Mortgages can be modified, payments can be altered (The Buffalo News)
Government agencies, national nonprofits and mortgage lenders insist they're taking real steps to help solve the nation's unprecedented mortgage mess.
2008-04-06 04:05:03