Mortgage and Financial News From 2009-2-14 Page 01
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After the stimulus will come the hangover - Eagle-Tribune
Financial markets continue to heave to and fro while awaiting some kind of coherent economic stimulus plan from Washington. As I write this on Sunday, a vote by the Senate seems imminent and may already have happened by the time you read this. In any ...
2009-02-14 11:05:00 -
Reverse mortgage usage climbing - Brazoria Facts
LAKE JACKSON — Marilynn Engerran had a hard time keeping the lights on in her Richwood home, and her monthly Social Security checks were not enough. Engerran, 65, didn’t know what to do. It was 2003 and her husband had died two years before ...
2009-02-14 08:20:00 -
New NYSAR president faces tough task ahead (Central New York Business Journal)
CICERO - Daniel Hartnett takes over as president of the New York State Association of Realtors at a time when housing is on the minds of leaders in business and government and just about everyone else.
2009-02-14 11:06:31 -
New faces seen in bankruptcy court (New Hampshire Union Leader)
Crushed by debt, more people owe money and have fewer assets to sell.
2009-02-14 11:09:00 -
Bad loans, housing villains contribute to economic mess (Pittsburgh Tribune-Review)
Two professors at Penn State Fayette, The Eberly Campus, say the economic problems the country faces has origins in the housing market, as well as with credit card companies that provided more and more consumers with adjustable rate mortgages.
2009-02-14 11:15:52 -
Florida Investment pool fails to attract investors after freeze (The Palm Beach Post)
More than a year after Florida municipalities started pulling cash from a $27 billion state-run money-market fund because it held defaulted securities, towns and agencies still want little to do with the investment pool.
2009-02-14 11:17:49 -
More Objections to Minimum Wage - Caymen Net News
Local experts have criticised proposals for a minimum wage, and called for a careful balance of fiscal and policy measures to stimulate local employment and encourage expansion of the private sector. Author and former Minister of Labour and ...
2009-02-14 09:46:00 -
What to do with the cash you get - Boston Globe
You took the buyout. Now you have to figure out what to do with the money. This isn't the time to think about investing, but there are lots of variables that need to be considered before you actually cash your check. Do you already have a job lined ...
2009-02-14 09:53:00 -
G7 central banks look at tools beyond rate cuts - Forbes
ROME, Feb 14 (Reuters) - Desperate to pull their economies out of recession, Group of Seven policymakers meeting in Rome this weekend exchanged notes on what they can do once interest rates cannot go down any further. With U.S. and Japanese rates ...
2009-02-14 11:59:00 -
Stocks in Europe trim weekly decline - Taipei Times
Stocks in Europe climbed for the first time in four days, as profits at Pernod Ricard SA beat analysts¡¦ estimates and the first advance in oil this week lifted energy shares. Pernod, the world¡¦s second-largest liquor company, rose the most this ...
2009-02-14 08:27:00 -
Yellow metal shines bright - Economic Times
MUMBAI: Gold, has found favour once again with most investors leading to the price rising by nearly 4% during the week in the international market. In the Mumbai spot market, the price has risen to Rs 14,675 per 10 gram from Rs 14,200 last week. The ...
2009-02-14 08:42:00 -
French bid to lure Benji - Manning River Times
Bayonne are trying to tempt Benji Marshall to join Craig Gower in the south of France as a new stumbling block jeopardises the young star's move to Japanese rugby. French rugby agent Frederic Bonhomme met Marshall's management to discuss interest ...
2009-02-14 06:47:00 -
Canada Interest Rate Cuts More Effective, Carney Says (Update1) - Bloomberg
Feb. 14 (Bloomberg) -- Bank of Canada Governor Mark Carney said the relative strength of the country’s banks means recent interest rate cuts will be more effective than in other major economies struggling to shore up their financial industries ...
2009-02-14 04:17:00 -
Help the victims, not the perpetrators (Minneapolis-St. Paul Star Tribune)
If we're going to stimulate the economy, let's do it by attacking the real issue: making mortgage payments.
2009-02-14 09:33:47 -
Faber Sees Global Economy Taking 10 Years to Recover, SCMP Says (Bloomberg)
Feb. 15 (Bloomberg) -- Marc Faber , the investor known as Dr. Doom, said the global economy may take as long as 10 years to return to the peak level reached in 2006, the South China Morning Post said, citing an interview.
2009-02-14 09:47:52