Mortgage and Financial News From 2008-7-10 Page 4

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• Indian shares outlook - Flat-to-higher as Infy Q1 beats estimates (Sharewatch)

  MUMBAI (Thomson Financial) - Indian shares are expected to open little changed or slightly higher on Friday as markets may take cues from the forecast-beating first-quarter profit by Infosys but weekly inflation numbers are likely to cap gains.
  2008-07-10 09:19:35

• Some eagerly eyeing new residential developments beyond downtown limelight (Waco Tribune-Herald)

  By Mike Copeland
  2008-07-10 09:21:22

• The U.S. May Be Poised To Stop Digging Out Of The Home-Value Hole (The Tampa Tribune)

  The intense pain caused by the bursting of the housing bubble is beginning to ease. Really.
  2008-07-10 09:25:39

• Chris Dodd Eyed In Obama's Veep Search? (ABC News)

  Obama camp has requested information from the Connecticut Democratic senator.
  2008-07-10 09:28:10

• Social Networking Meets the Mainstream (InternetNews.com)

  Consumers fast becoming regular users, but is business catching up?
  2008-07-10 09:29:56

• (AFX UK Focus) 2008-07-11 05:01 Bank of Japan to hold key rate steady as financial, economic uncertainty grows (Interactive Investor)

  TOKYO (Thomson Financial) - The Bank of Japan is expected to keep interest rates steady next week as it assesses the prospects for the global economy, threatened by surging crude oil prices and shaky credit markets.
  2008-07-10 09:31:45

• Dave Sepich elected as new CDOD president (Carlsbad Current-Argus)

  CARLSBAD — Dave Sepich will come to the table with a full house in his hand. For the first time in several years, all of the Carlsbad Department of Development's paid positions are filled, executive director John Waters announced during Thursday's board meeting.
  2008-07-10 09:32:55

• Retirement Strategies: Keeping Covered (BusinessWeek)

  Why companies—and insurers—are suddenly interested in offering health insurance to early retirees
  2008-07-10 09:36:27

• St. Paul takes a swipe at the subprime mortgage fiasco - Minneapolis Star Tribune

  St. Paul officials want to put some money down on two new loan programs to help homeowners facing foreclosure and buyers facing closed doors. The city's Housing and Redevelopment Authority (HRA) board, made up of City Council members, today is ...
  2008-07-07 05:53:00

• U.S. considers takeover of two mortgage giants - International Herald Tribune

  WASHINGTON : Alarmed by the growing financial stress at the nation's two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a ...
  2008-07-10 08:05:00

• Insurance Dilemma Hits Fannie, Freddie - Wall Street Journal

  Amid their many problems, Fannie Mae and Freddie Mac also are contending with woes in an industry that is supposed to help reduce their risk: mortgage insurance. The little-noticed firms, which sell insurance to borrowers who can't make ample down ...
  2008-07-09 05:58:00

• UPDATE 1-AIG, other mortgage insurers fall on loss fears - Reuters

  Hamilton, Bermuda, July 10 (Reuters) - Shares of American International Group Inc (AIG.N: Quote , Profile , Research , Stock Buzz ), the world's largest insurer, fell 8.2 percent on Thursday on concerns that a rating cut at its mortgage insurance ...
  2008-07-10 02:29:00

• Federal crackdown could spark housing sales (The Globe and Mail)

  The real estate industry is bracing for a surge in home purchases, betting buyers will rush to get ahead of tighter federal government standards for the mortgage industry.
  2008-07-10 07:20:45

• HL:The Canadian Press Business News Budget for Thursday, July 10, 2008@ (INO News)

  BUSINESS EDITORS:@ Here are Canadian Press Business staffing plans as of 10 p.m. ET. Plans may change as circumstances warrant. To contact Canadian Press Business by e-mail, send messages to business(at)thecanadianpress.com.
  2008-07-10 07:30:27

• Federal crackdown could spark housing sales (The Globe and Mail)

  Mortgage industry bets buyers will rush in before new rules take effect
  2008-07-10 07:34:27

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