Mortgage and Financial News From 2008-3-23 Page 01
Previous Day: 2008-03-22
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Advertisement starts (Tiscali)
to be buyers themselves, they seem to be trying to bank a higher figure for their home but want a bargain when they buy. "The best price sellers can achieve has fallen -- though they won’t lose out if they are then planning on buying as well."
2008-03-23 11:00:37 -
Reuters Business Summary (Reuters via Yahoo! Singapore News)
JPMorgan in talks to raise Bear Stearns bid: report
2008-03-23 11:00:45 -
NEW: CitiMortgage cuts 159 O'Fallon jobs (St. Charles Journal)
CitiMortgage announced Thursday it is cutting 159 jobs in O'Fallon in its home equity loan division. The company said the move, which is effective immediately, is a result of the decreased viability of home equity products in the context of an ailing housing market and impending national recession.
2008-03-23 11:01:43 -
POKIN AROUND: A year of difficulty, a year of blessings (St. Charles Journal)
Friday, Nov. 16, 2007, was a dark day for Brad Soderberg. The two real estate agents working to sell his 10-room home sat down with Brad and his wife, Linda, to paint a bleak but realistic picture.
2008-03-23 11:04:46 -
Habitatual Work (Standard-Examiner)
OGDEN -- Dozens of volunteers with paint brushes and rollers converged on two downtown houses this week to help provide low-income local families with a place to call their own.
2008-03-23 11:11:02 -
JSU forges ahead with expansion plans despite setbacks (The Clarion-Ledger)
Legislators may have killed Jackson State University's plans to quickly acquire neighboring land for the school's expansion, but they didn't kill JSU Development Foundation's multi-million dollar plans for areas around the university.
2008-03-23 11:14:28 -
Investment houses borrow billions from Fed's emergency lending program (Deseret Morning News)
Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday.
2008-03-23 11:14:47 -
Should You Unlock Capital From Your Home? (The Motley Fool)
Does it make sense to borrow more money against your home?
2008-03-23 11:22:03 -
Will the stock market sink further? (rediff.com)
Without doubt, bears have raided. We try to fathom what further damage could they cause, for how long and how to cope with it.
2008-03-23 08:47:41 -
The new liquidity trap (rediff.com)
The developments at Bear Stearns have left many people certain that more collapses are to follow.
2008-03-23 09:02:40 -
RBA warning reignites rate rise fears (Stawell Times-News)
A warning by Reserve Bank of Australia (RBA) governor Glenn Stevens that inflation could hit four per cent suggests the central bank could be ready to raise rates again in May, economists say.
2008-03-23 09:02:41 -
The value of death put bonds (Lancaster Online)
Those of us in the over-50 crowd remember "flower bonds." These were low coupon U.S. Treasury bonds sold at a discount (
2008-03-23 09:10:56 -
Many reasons to leave your banker (Dallas Morning News)
With their bank accounts tethered to online bill paying, automatic debits and direct deposits of paychecks, most consumers cringe at the thought of closing a bank account to move to another financial institution.
2008-03-23 09:24:29 -
BrickStreet Announces Success (Wheeling News-Register)
WHEELING — A profit of $185 million was earned by BrickStreet Mutual Insurance Co. in 2007, giving policy holders a chance to receive a portion of the profits.
2008-03-23 09:31:52 -
LOCAL NEWS (Daily Record)
Police in Cameroon have launched an investigation into an Internet adoption scam that has left a Mendham nun worried about the reputation of a worthy charity -- and a Rhode Island couple out $7,000.
2008-03-23 09:40:53