Mortgage and Financial News From 2008-8-3 Page 4
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Housing Market Slump Trend (FOX 24 Macon)
With today's housing slump, there's nothing strange about walking down a residential street and seeing "For Sale" signs in front yards. A more peculiar and troubling phenomenon is the age of the home-owners putting them up.
2008-08-02 06:55:10 -
Fed debate over rising inflation risk heats up (Pioneer Press)
The policy debate within the Federal Reserve is growing sharper.
2008-08-02 10:25:33 -
Candidate Q&A: Jared Polis (Broomfield Enterprise)
Jared Polis
2008-08-02 11:06:38 -
Real estate notebook (Everett Herald)
Rates on 30-year mortgages, which shot up last week to the highest level in nearly a year, dropped slightly this week following passage of a housing rescue bill.
2008-08-03 12:19:27 -
Good News on Reverse Mortgages (TheStreet.com)
Provisions in the new housing bill make things easier for senior citizens and their families.
2008-08-03 07:26:46 -
The big freeze: A year that shook faith in finance - Financial Times
J ust over a year ago, Hiroshi Nakaso, a senior official at the Bank of Japan, started to fear that the global financial system was heading for a jolt. Back then, most American policymakers assumed that the western banking system was extraordinarily ...
2008-08-03 11:44:00 -
Three Strikes Against Consumers - The Ledger
ONE of the spookiest features of the current economic crisis is the way everything seemed to go wrong at the same time. In 2007, as if some kind of secret signal went out among them, housing prices accelerated their decline while the prices of oil ...
2008-08-03 02:36:00 -
Bank of England runs risk of turning crunch into crash - Times Online
The idea of a “crunch” sounds reassuringly swift. One short, sharp bite and it's done. Yet the global credit crunch is not at all like that. It is proving far from the short-lived shock that some had hoped for - and it is still far from being ...
2008-08-03 02:36:00 -
Credit crunch a year on: the losers - BBC News
The Federal Reserve has put the cost to the bottom line of banks and other lenders of their sub-prime misadventures at $100bn. Goldman Sachs has said the figure could be as high as $400bn while the OECD has put an upper limit on the damage of $420bn ...
2008-08-03 11:16:00 -
Unhappy anniversary: a year of credit crunch - Times Online
When Michael Geoghegan was first told that some of HSBC's poorer American mortgage borrowers were facing serious repayment difficulties, he had no idea of the carnage that would follow. The group chief executive of one of the world's biggest banking ...
2008-08-03 02:58:00 -
Credit crunch (BBC News)
Who have been the biggest losers from the financial crisis?
2008-08-03 11:23:59 -
Credit crunch a year on: the losers (BBC News)
A year on from the onset of the global credit crunch, who have been the biggest losers from the financial crisis?
2008-08-03 11:24:50 -
Market scandals prompt regulators to seek more resources, staff (Federal Times)
In the 33 years since the Commodity Futures Trading Commission was founded, the volume of trading on futures exchanges has increased by more than 8,000 percent.
2008-08-03 01:35:55 -
The ominous sound of jingle mail: The death of the American suburbs (Independent)
At first everything looks reassuringly normal. After all, aren't peace, quiet and order what suburban America is supposed to be all about? But then you notice them – the weeds sprouting in once-mulched flowerbeds, the lawns that haven't been mown in this most lawn-conscious of universes, and the blue plastic key boxes for agents showing the house to allow themselves and their clients in. And ...
2008-08-03 04:06:28 -
Who's in your wallet? (The Middlesboro Daily)
Credit cards, as most people theoretically understand, can turn into the 21st-century equivalent of sharecropping.
2008-08-03 04:09:03