Mortgage and Financial News From 2008-7-20 Page 4
Previous Day: 2008-07-19
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11 12 13 14
-
US economy not looking so bad, as viewed from the farm (The Economic Times)
The US housing crisis looks pretty distant when viewed from the cornfields of middle America, although land values pushed up by record commodity prices also evoke past booms that ended in bust.
2008-07-20 09:37:20 -
He says big banks can survive (The Charlotte Observer)
Ed Crutchfield, one of Charlotte's former top bankers, expects “scary gyrations” for the city's two big banks but believes they have strong businesses that will carry them through the nation's nasty financial crisis. “The fundamental, underlying earnings power of Wachovia and Bank of America will pull them through this just fine,” said Crutchfield, who retired as CEO of First Union, now ...
2008-07-20 10:30:37 -
News You Can Chew On: Economic Edition (Bostonist)
Photo by RichSeattle , used with permission If thinking about your credit card bill makes your head hurt, you should probably read a few of these articles. Right now. Or else they'll get 20% longer by next month. Frank Rich shares his thoughts on John McCain's economic incoherence, declaring that "The McCain-Gramm bond, dating back 15 years, is more scandalous than Mr. Obama’s ...
2008-07-20 04:34:59 -
UK economy flirts with recession - The Independent
The economic slowdown is deepening and a slew of indicators published today point to falling confidence, contracting markets and gloomy predictions for recovery. The UK economy will struggle to avoid recession in 2009 as inflation remains above ...
2008-07-20 05:23:00 -
Dollar flat on Wall St earnings - News.com.au
At 7am (AEST), the Australian dollar was trading at $US0.9727/32, unchanged from Friday's close of 0.9728/31. During the offshore session, the Australian dollar moved between a high of $US0.9739 and a low of 0.9702. The domestic currency briefly ...
2008-07-20 02:31:00 -
Stephen King: Public funds needed to resolve financial crisis – and ... - The Independent
One swallow doth not a summer make. Two summers of financial crisis, though, are enough to make the most robust of policymakers swallow hard. Last year, the spike in money market rates, the banks' loss of confidence in one another, the collapse of ...
2008-07-20 05:23:00 -
Property downslide picks up speed - Daily Telegraph
The downturn in residential and commercial property markets is intensifying, underlining the growing risk of Britain entering its first recession in almost two decades. Demand for commercial property fell during the second quarter at its fastest ...
2008-07-20 04:19:00 -
British M&A Will Fall for a Further 15 Months, Report Predicts - Bloomberg
July 21 (Bloomberg) -- Mergers and acquisitions among U.K. companies will go on declining for the next 12 to 15 months as the credit crunch slows Britain's economy, advisory firm Grant Thornton LLP said. ``If present economic conditions continue, it ...
2008-07-20 04:19:00 -
House sellers forced to cut asking prices as pool of buyers dries up - Guardian Unlimited
People selling their homes have cut the asking price by an average of more than £4,300 in the past month to catch the eye of a dwindling number of buyers, according to a report published today. The latest monthly survey from the property website ...
2008-07-20 04:19:00 -
Ohio seniors struggle during economic downturn (Daily and Sunday Jeffersonian)
COLUMBUS, Ohio (AP) -- Older residents are increasingly suffering from economic troubles, part of a growing national trend that is compounded by medical bills and the mortgage crisis.
2008-07-20 03:21:32 -
Students Help Renovate Homes (R News)
It's a summer vacation with a cause for hundreds of high school students doing good things for other people. Three-hundred students from Group Workcamps Foundation are in Rochester renovating 60 homes. They kicked off their mission with a picnic Sunday before starting work.
2008-07-20 03:24:15 -
Gro-Moore Offers Blueberry Treats (R News)
Gro-Moore Farms in Henrietta invited the public out this weekend for everything blueberry. Visitors got to sample all kinds of blueberry treats. Growers say this year's crop is nice and juicy. The fruit is also very versatile.
2008-07-20 03:24:25 -
Stocks eye banks, short-sale rule (Reuters via Yahoo! Philippines News)
By Deborah Jian Lee
2008-07-20 04:20:46 -
Fannie and Freddie run home to Mom (Haaretz Daily)
Meet Fannie and Freddie. Sister and brother, not young: One is celebrating a 70th birthday, the younger one, its 40th. No matter what you do in life, you?ve read a lot about these siblings in the last week. If you follow events in the American marketplace then you knew them well beforehand, too.
2008-07-20 04:42:18 -
U.K. July House Prices Drop the Most Since 2002, Rightmove Says - Bloomberg
July 21 (Bloomberg) -- U.K. house prices dropped in July from a year earlier for the first time since Rightmove Plc started measuring them in 2002, as the squeeze on lending pushed up the number of unsold properties to a record. The average asking ...
2008-07-20 04:11:00