Mortgage and Financial News From 2008-2-3 Page 28

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• Ominous signs for the economy - Columbus Dispatch

  Ominous signs for the economyColumbus Dispatch, OH - 7 hours agoOhio trailed only Michigan in the percentage of mortgages in foreclosure last year and trailed most states in median sale prices for both new and existing ...
  2008-02-03 03:14:01

• Chelsea Groton Garners Industry Accolades - TheDay

  Chelsea Groton Garners Industry AccoladesTheDay, CT - 7 hours agoBut Stoddard says it also is tied to the bank's understanding that people in 2003-2004 who received fixed-rate mortgages of 5 percent or less were going to ...
  2008-02-03 03:27:29

• When your house pays you back - Contra Costa Times

  When your house pays you backContra Costa Times, CA - 7 hours ago"Maybe they want to travel or buy an RV or a second home," said Brien Brandenburg, regional sales manager for Wells Fargo Home Mortgage. ...
  2008-02-03 03:32:18

• Grim times shape US. election - Toronto Star

  Grim times shape US. electionToronto Star,  Canada - 6 hours agoResidents of Camden are regularly mailed leaflets from lending companies offering quick cash with second mortgages or home-equity loans. ...
  2008-02-03 04:04:53

• Salvaging foreclosed houses - Buffalo News

  Salvaging foreclosed housesBuffalo News,  United States - 6 hours agoHe and his co-workers are part of a little-known $1 billion industry whose essential job is to make sure the houses backing defaulted mortgages don’t lose ...
  2008-02-03 04:09:12

• Spain Takes Big Changes in Stride - The Associated Press

  Spain Takes Big Changes in StrideThe Associated Press - 59 minutes agoThese are the issues that are giving Zapatero a tough run for a second term. The Socialists and the conservative Popular Party which Zapatero unseated in ...
  2008-02-03 10:00:44

• Abheek Barua: The end of the bull market? - Business Standard

  Abheek Barua: The end of the bull market?Business Standard, India - 18 minutes agoAdjustable rate mortgages, the bane of cash-strapped US households, could reset at significantly lower rates and set off benign income effects. ...
  2008-02-03 10:41:51

• Clinton, Obama clash over economy, Iraq War (Vietnam Net)

  As Californian voters view economic issues as more important than the Iraq War, Democrat candidates Sen. Hillary Clinton and Sen. Barack Obama were clashing over economic issues and the Iraq War.
  2008-02-03 09:26:05

• You May Not Want to Wait to Refinance That Mortgage (TheStreet.com)

  Don't let Fed rate cuts fool you -- the best time to refinance may be now.
  2008-02-03 09:35:47

• Spain Takes Big Changes in Stride (AP via Yahoo! Malaysia News)

  A generation ago, traditional families were sacred in Spain. Gen. Francisco Franco liked them big and Catholic, and gave hefty cash prizes to parents with the most copious broods. These days, a civics course in Spain's public schools teaches that modern families can be quite different _ single parents with kids, or same-sex couples raising adopted children. This and a host of ...
  2008-02-03 09:52:00

• Spain Takes Big Changes in Stride (The Daily Comet)

  MADRID, Spain A generation ago, traditional families were sacred in Spain. Gen. Francisco Franco liked them big and Catholic, and gave hefty cash prizes to parents with the most copious broods.
  2008-02-03 10:00:46

• Spain takes big changes in stride (The Kansas City Star)

  A generation ago, traditional families were sacred in Spain. Gen. Francisco Franco liked them big and Catholic, and gave hefty cash prizes to parents with the most copious broods.
  2008-02-03 10:48:26

• Abheek Barua: The end of the bull market? (Business Standard India)

  The end of the bull market? One could just see the mix of data and news emerging from the US turning favourable. January has turned out to be the cruellest month for the Indian stock markets. A news report I came across claimed that it was the markets’ worst start to a year in the last 28 years.
  2008-02-03 10:55:23

• Stimulus might not stimulate us

  Herald Tribune - You are offering some of the wealthiest Americans not only a normalization of their mortgage experience, actually giving them an interest rate break on top of that." The California effect Fifty percent of the nation's jumbo loans are written in ...
  2008-02-03 01:27:00

• Springfield cash that got away

  Boston Globe - ... this cash should be earning interest in safe investments. But something went wrong in Springfield after the city's treasurer invested $50 million with Merrill Lynch & Co. last April. Almost $14 million vanished into the subprime-mortgage ooze, only to ...
  2008-02-02 11:32:00

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