Mortgage and Financial News From 2008-2-15 Page 64
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Unscrambling the debt mess - Chicago Tribune
Unscrambling the debt messChicago Tribune, United States - 1 hour agoOr must housing prices reach their low point before credit markets relax and make home mortgage loans more readily available? The so-called Wall Street ...
2008-02-15 12:03:53 -
Top policymakers say US should avoid recession - Los Angeles Times
Top policymakers say US should avoid recessionLos Angeles Times, CA - 1 hour agoMarkets also were unnerved by more signs that the credit crunch in mortgages was spreading to other corners of the financial system. ...
2008-02-15 12:04:57 -
Q&A on housing questions - San Francisco Chronicle
Q&A on housing questionsSan Francisco Chronicle, USA - 1 hour agoThat leads to a handy rule of thumb: It's a good time to buy, he said, if you plan to live in a home for five or more years; the payments for mortgage, ...
2008-02-15 12:09:14 -
Asian stocks turn mixed; Hong Kong, Singapore reverse losses UPDATE - CNNMoney.com
Asian stocks turn mixed; Hong Kong, Singapore reverse losses UPDATECNNMoney.com - 1 hour agoWall Street's decline was compounded by continued concerns about bond insurers, which are in danger of losing their Triple-A ratings because of bad mortgage ...
2008-02-15 12:12:24 -
Global credit crisis cuts DBS's quarterly profit - International Herald Tribune
Global credit crisis cuts DBS's quarterly profitInternational Herald Tribune, France - 58 minutes agoCollateralized debt obligations repackage assets like mortgage bonds and buyout loans into new securities with varying risk. ...
2008-02-15 12:13:52 -
High wheat prices carry large fallout - London Free Press
High wheat prices carry large falloutLondon Free Press, Canada - 51 minutes agoYou might see it in higher mortgage and credit card rates as the inflationary pressures boomerang through the economy. "We are going to have higher interest ...
2008-02-15 12:21:43 -
Lack of Commitment Keeps Stocks From Engaging Rally - Wall Street Journal
Lack of Commitment Keeps Stocks From Engaging RallyWall Street Journal - 49 minutes agoEarlier this week investors shrugged off bad news such as new problems in the credit markets -- and instead focused on positives such as ...
2008-02-15 12:23:14 -
Think I'm a bear? Get a load of this Banque AIG global strategist - Globe and Mail
Think I'm a bear? Get a load of this Banque AIG global strategistGlobe and Mail, Canada - 46 minutes agoHe says the global credit crunch is so bad and the banking system so screwed up that it could set off another Great Depression. That has the US government ...
2008-02-15 12:26:44 -
InterRent sees upside to housing crunch - Globe and Mail
InterRent sees upside to housing crunchGlobe and Mail, Canada - 45 minutes agoFor the better part of this decade, a combination of low mortgage rates, low unemployment and buoyant consumers fuelled a sustained home buying binge. ...
2008-02-15 12:26:46 -
Congress strikes out - Napa Valley Register
Congress strikes outNapa Valley Register, CA - 39 minutes agoIt’s too bad that such energy was wasted on whether baseball pitcher Roger Clemens took steroids. Last time we looked, the country was at war in Iraq and ...
2008-02-15 12:33:13 -
High wheat prices carry large fallout (London Free Press)
You might not have noticed, and normally might not care. But something has happened to wheat -- and it will take money out of your wallet in more ways than you'd expect.
2008-02-15 12:25:43 -
Stocks pull back on pessimistic outlook (The Morning Call)
Fed chief testifies hiring is key to the health of U.S. economy. Wall Street retreated Thursday after Federal Reserve Chairman Ben Bernanke predicted a ''sluggish'' economy until later in the year and more mortgage-related losses at banks. The Dow Jones industrial average fell 175 points.
2008-02-15 12:27:47 -
Global credit crisis cuts DBS's quarterly profit (International Herald Tribune)
Further write-downs led the Singapore bank to an 18 percent decline.
2008-02-15 12:29:08 -
Market Drops on Fed Chief’s Glum Words (NYTimes.com via Yahoo! Finance)
Wall Street retreated Thursday after the chairman of the Federal Reserve, Ben S. Bernanke, forecast a “sluggish” economy until later in the year.
2008-02-15 12:41:00 -
Stocks Fall Back After Fed Chairman Predicts 'Sluggish' Economy (Washington Post)
NEW YORK, Feb. 14 -- Wall Street retreated Thursday after Federal Reserve Chairman Ben S. Bernanke predicted a "sluggish" economy until later in the year and more mortgage-related losses at banks.
2008-02-15 01:00:24