Mortgage and Financial News From 2008-7-10 Page 17

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  • Despondence Day (The Beaver County Times)

    “You can’t get ahead. You can’t save money. You can’t buy a house. It just stinks.”
    2008-07-10 07:09:11
  • Foreclosures Rose 53% in June, Bank Seizures Triple (Update1) (Bloomberg.com)

    July 10 (Bloomberg) -- U.S. foreclosure filings rose 53 percent in June from a year earlier and bank repossessions increased the most since RealtyTrac Inc.
    2008-07-10 07:26:40
  • UK house prices fall again in May; UK home builder Barratt reports ... - International Herald Tribune

    LONDON : Barratt Developments PLC on Thursday reported a 43 percent drop in sales of private homes in the first half of the calendar year, and said it expects to lay off 1,200 employees amid Britain's contracting housing market. Barratt, the fifth ...
    2008-07-10 04:35:00
  • Expert Group, Inc. (EXPT) Becomes a Correspondent Mortgage Lender - MSN MoneyCentral

    Expert Group, Inc. (PINKSHEETS: EXPT) announces today that the company has been approved by the Florida Department of Financial Regulations as a Correspondent Lender. A correspondent lender is an institution which has the capacity to authorize loans ...
    2008-07-10 05:53:00
  • Fannie and Freddie can't fail - International Herald Tribune

    LONDON : Like it or not, the U.S. economy and financial system just cannot live without mortgage behemoths Fannie Mae and Freddie Mac, who are now pretty much all that is standing in the way of a complete collapse in the American housing market ...
    2008-07-10 05:03:00
  • Powering through the NFL season - ESPN.com

    Thank God. An illogical NFL season has become somewhat logical. From a gambling standpoint, we can definitively say the following things: Pick every underdog unless you can't live with yourself for passing up a particular favorite. Grab underdog ...
    2008-07-09 12:28:00
  • To buy, or not to buy - Marketwatch

    The first problem we are grappling with is what features we want in a house, and what we are willing to pay for them. Should we get a house with a guest room, or should we simply get one of the kids to sleep with us on the rare occasion that we have ...
    2008-07-09 03:56:00
  • Is A Homemade Cheeseburger More Cost Effective Than A McDonald's One? - Consumerist.com

    Nope. It sure isn't, but Trent at the Simple Dollar makes a good case for why you should just make yourself a cheeseburger. He went to McDonald's, bought a cheeseburger and then tried to replicate it at home for the same amount of money. (He used ...
    2008-07-09 10:01:00
  • Morningstar's Take on Stocks - Washington Post

    Resize Although he founded a company that has become almost synonymous with mutual fund analysis, Joe Mansueto, Morningstar's chief executive, is at heart a stocks guy. He began his career as a stock analyst at Harris Associates, which runs the ...
    2008-07-10 06:15:00
  • Fannie, Freddie insolvent, Poole tells Bloomberg (Reuters via Yahoo! News)

    Mortgage lenders Fannie Mae and Freddie Mac are "insolvent" and may need a U.S. government bailout, former St. Louis Federal Reserve President William Poole was quoted as saying in an interview with Bloomberg.
    2008-07-10 05:58:36
  • European Stocks, Most Asian Shares Retreat; Retailers Decline (Bloomberg.com)

    July 10 (Bloomberg) -- European stocks fell, led by retailers and construction companies, on concern the economic slowdown and waning consumer demand will hurt earnings. Most Asian shares declined, while U.S. index futures gained.
    2008-07-10 06:06:37
  • Three Things That Kill CRM...and How to Counter Them (Impressions Magazine)

    Used correctly, CRM provides the information you need for continuous sales improvement. July 8, 2008 According to the best research I can find, roughly two-thirds of Customer Relationship Management (CRM) implementations fail. How can this be?
    2008-07-10 06:14:57
  • Thursday's biggest gaining and declining stocks (MENAFN)

    Thursday's biggest gaining and declining stocks
    2008-07-10 06:16:03
  • Big rewrite of accounting fair value ruled out (Khaleej Times)

    BRUSSELS - A rewrite of an accounting rule blamed by critics for sparking big writedowns among banks is ruled out in favour of better guidance on how to apply it, a top standard-setter said.
    2008-07-10 06:16:49
  • Reuters Canada Business Summary (The Globe and Mail)

    TORONTO (Reuters) - A private equity firm that owns the Lord & Taylor department store chain is in talks to take over Hudson's Bay Co, the storied Canadian retail chain sold to a U.S. investor in 2006, Canadian media reported on Thursday.
    2008-07-10 06:21:05