Mortgage and Financial News From 2008-2-12 Page 41

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  • County's median house prices hit 4-year low - San Diego Union Tribune

    County's median house prices hit 4-year lowSan Diego Union Tribune, United States - 1 hour agoArea real estate agents and developers reported an increase over the weekend in buyer interest that they hope will end the decline in prices and reverse the ...
    2008-02-12 11:32:20

  • Retire Smart: Don't count on home to provide income (The Columbus Dispatch)

    Do you consider your home a place to live or a piggybank for retirement?
    2008-02-12 12:26:26

  • Elmer Smith: To help Uncle Sam, spend tax rebates frivolously (Philly.com)

    CONGRESS PASSED the economic-stimulus package. The president has signed it. Now, it's up to us. Those in that vast demographic universe of working-class or middle-class folks must step up, pitch in and (insert your favorite cliche here) to yank our economy out of a deep ditch.
    2008-02-12 02:56:40

  • Cheap fixed rates point to early relief (Herald Sun)

    BANKS and money market players are betting variable interest rates could begin to ease next year - well before the RBA expects inflationary pressures to soften.
    2008-02-12 05:00:00

  • A New Mortgage Mess on the Way? (KiplingerForecasts.com)

    Reverse loans are a boon -- but watch out for rotten sales practices.
    2008-02-12 07:02:49

  • Reverse mortgage seminar coming (The Fort Morgan Times)

    Guest presenter Marlys Nash, Colorado account executive with First Reverse Mortgage USA, will provide a free seminar on reverse mortgages at Morgan Community College Monday, Feb. 25.
    2008-02-12 07:25:32

  • Sustainable energy seminar scheduled (The Fort Morgan Times)

    A seminar on energy sustainability on Feb. 25 will feature local speakers in a panel discussion about how alternative energy systems are being used in Northeastern Colorado.
    2008-02-12 07:25:42

  • North State Marketplace: Feb. 12, 2008 (The Record Searchlight)

    • Restaurant group to host Golden Plate • Auto repair shop opens in Redding • Chiropractor to join others in benefit • Learn about reverse mortgages at library • People in business
    2008-02-12 07:48:46

  • Stocks Remain Positive In Mid-Afternoon Trading - U.S. Commentary (Nasdaq)

    (RTTNews) - Stocks remain positive in mid-afternoon trading on Tuesday, boosted by Warren Buffett's offer to help out troubled bond insurers.
    2008-02-12 11:53:00

  • County's median house prices hit 4-year low

    San Diego Union-Tribune - Sales activity of 1,826 transactions was the second lowest for any month on record. The overall median was down 17.1 ... in the wake of Congress' passage of an economic stimulus package that includes more favorable terms for home mortgages. Area ...
    2008-02-12 09:09:00

  • Paulson launches subprime mortgage lifeline

    Financial Times - ... 68 per cent of delinquent borrowers were helped across the second half of last year. Christopher Dodd, senate banking committee chairman, last month proposed the establishment of a federal entity that would buy outstanding, near-delinquent mortgages ...
    2008-02-12 12:22:00

  • Write-Downs Hurt Credit Suisse Profit

    Forbes - Switzerland's second-largest bank said its net subprime exposure is 1.6 billion francs ($1.45 billion), down sharply from 3 ... The bank also said it has received subpoenas and requests for information about subprime mortgages from regulators. The ...
    2008-02-12 10:56:00

  • Bill Miller Says Microsoft Will Need to `Enhance' Yahoo Offer

    Bloomberg - Feb. 12 (Bloomberg) -- Bill Miller, whose Legg Mason Capital Management unit is the second-biggest shareholder of Yahoo ... because of investments in homebuilders and financial companies, which tumbled as U.S. delinquencies on subprime mortgages rose ...
    2008-02-12 09:45:00

  • IndyMac loses $509m and suspends dividend

    Financial Times - IndyMac Bancorp, the second largest independent US mortgage lender, on Tuesday posted a $509.1m quarterly loss and ... Conforming mortgages are smaller loans that government-sponsored entities Fannie Mae and Freddie Mac will buy. As a result ...
    2008-02-12 12:22:00

  • Buffett Offers Bond Insurers A Devilish Deal

    Forbes - Warren Buffett didn't get to be the second-richest person in the world by taking inordinate risks with his money. So when he ... backing for complex securities like collateralized debt obligations , which are built in part out of subprime mortgages ...
    2008-02-12 11:39:00

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