Mortgage and Financial News From 2008-2-7 Page 6

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  • Economist forecasts 'pretty rocky' recession - North County Times

    Economist forecasts 'pretty rocky' recessionNorth County Times, CA - 10 hours agoA wide range of businesses in the region are continuing to create jobs, a factor that Cunningham said will soon begin to boost demand for homes and reverse ...
    2008-02-07 11:30:45

  • Senior Vigor: News for elder set - East Hartford Gazette

    Senior Vigor: News for elder setEast Hartford Gazette, CT - 9 hours agoJoin us for coffee and refreshments and learn more about reverse mortgages. Joe Benoit from Wells Fargo Home Mortgage will share information and answer your ...
    2008-02-07 12:46:43

  • Automakers, analysts see declines in US luxury vehicle sales in 2008 - International Herald Tribune

    Automakers, analysts see declines in US luxury vehicle sales in 2008International Herald Tribune, France - 9 hours agoIn addition, many of those buyers have seen their home values drop and adjustable rate mortgages go up, he said. Nerad expects the luxury vehicle slump to ...
    2008-02-07 12:56:17

  • SocGen's risky business - Oxford Analytica (subscription)

    SocGen's risky businessOxford Analytica (subscription), UK - 6 hours agoInstead of telling the fools trading sub-prime mortgages that they are wrong, and that they should unwind their positions, they simply offset their trades. ...
    2008-02-07 04:22:07

  • The Bush Financial and Economic Bust of 2008 - The Destruction of ... - The Market Oracle

    The Bush Financial and Economic Bust of 2008 - The Destruction of ...The Market Oracle, UK - 4 hours agoStructured investments have been the banks' “cash cow” for nearly a decade, but, suddenly, the trend has shifted into reverse. Revenue streams have dried up ...
    2008-02-07 05:40:58

  • Martin County community connection: February 8 - TCPalm

    Martin County community connection: February 8TCPalm, FL - 1 hour agoSenior Finances/Reverse Mortgages: Parish Hall, Holy Faith Episcopal Church, 6990 SUS 1, Port St. Lucie, 10 am-noon. Free. ...
    2008-02-07 09:02:19

  • Rescuing monolines is not a long-term solution (FT.com via Yahoo! News)

    What is good for Ambac, the bond insurer, is good for the country. Well, perhaps in the short run if it prevents a run on the shadow banking system - our over-leveraged system of financial conduits that have provided the spending power to keep the US economy going in recent years. But not in the long run.
    2008-02-07 10:20:16

  • Rescuing monolines is not a long-term solution (Financial Times)

    What is good for Ambac , the bond insurer, is good for the country. Well, perhaps in the short run if it prevents a run on the shadow banking system – our over-leveraged system of financial conduits that have provided the spending power to keep the US economy going in recent years.
    2008-02-07 10:43:47

  • Inside Entrepreneurship: Retirement account is off-limits for startup (Seattle Post-Intelligencer)

    How do you find funding for a post-retirement startup? Susan Schreter offers advice.
    2008-02-07 03:03:11

  • What Price, Luxury? (Hartford Courant)

    Even At The High End Of The Market, Economic Woes Starting To Show Automakers are introducing plenty of luxury vehicles at this year's Chicago Auto Show, from the $78,000 Yes! roadster to Porsche 's performance-oriented Cayenne GTS.
    2008-02-07 06:45:41

  • Sales stall predicted (The Times of Northwest Indiana)

    CHICAGO | Automakers are introducing plenty of luxury vehicles at this year's Chicago Auto Show, from the $78,000 Yes! roadster to Porsche's performance-oriented Cayenne GTS.
    2008-02-07 10:21:54

  • Except for some first-time buyers, levy is now a fact of life

    Globe and Mail - That includes a home with a second suite, for instance, but not a triplex. For a buyer whose budget leaves no room to ... Hopefully, consumers will sit down with someone who knows something about mortgages and have all their options explained." ...
    2008-02-07 08:56:00

  • Moody's Rises After Beating Analyst Earnings Estimate (Update3)

    Bloomberg - Feb. 7 (Bloomberg) -- Moody's Corp., the world's second- largest credit-rating company, rose the most in sixth months in ... to $3.4 trillion in the U.S. as issuance ``declines significantly'' in markets affected by the tumble in subprime mortgages ...
    2008-02-07 01:40:00

  • Australian Stocks Rise, Led by Wesfarmers, Banks; AED Slides

    Bloomberg - Wesfarmers, Australia's second-largest grocer, added A$1.83, or 4.9 percent, to A$39.03. The company hired Ian McLeod, a ... National Australia also bought A$1 billion ($895 million) of mortgages from RHG Ltd., formerly Rams Home Loans Group Ltd ...
    2008-02-07 09:46:00

  • Who wants a recession

    Guardian Unlimited - Suddenly the terms "credit crunch" and "sub-prime mortgages" are on everyone's lips - and on every front page. Economists, who in the past had to play second fiddle to political analysts, are now in great demand - witness the deification of viewer ...
    2008-02-07 04:10:00

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