Mortgage and Financial News From 2008-3-21 Page 4
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Building service (Vancouver Business Journal)
As the housing market sits on shaky ground, more home builders are creating a “one-stop shop” to guide home buyers through the process from beginning to end by establishing their own real estate and mortgage companies.
2008-03-21 09:11:30 -
Goldman, Lehman outlooks cut to "negative" by S&P (Reuters via Yahoo! News)
Goldman Sachs Group Inc's and Lehman Brothers Holdings Inc's credit rating outlooks were cut on Friday by Standard & Poor's, which said volatile markets could result in lower profit and revenue.
2008-03-21 09:58:59 -
More low-cost units for sale (Arizona Daily Sun)
Use the words "lottery" and "housing" in a sentence and you might think of a large dream home with an expansive back yard and a picturesque view.
2008-03-21 10:38:48 -
Sect. of Treasury Paulson on Financial Markets (Washington Post)
SECRETARY OF TREASURY HENRY M. PAULSON: Good afternoon, everyone.
2008-03-21 11:10:55 -
Snohomish councilmen catch flak over e-mails (Everett Herald)
SNOHOMISH -- Snohomish City Councilmen Doug Thorndike and R.C. "Swede" Johnson are getting a crash course about the power of signs.
2008-03-21 12:19:47 -
Promethean upbeat after first half (Financial Times)
Promethean, the listed private equity group backed by Sir Peter Burt, the former chairman of ITV, said first-half pre-tax profits rose in spite of the difficult headwinds facing the buy-out industry.
2008-03-21 12:20:35 -
U.S. Treasury: Fed's Bear actions help all investors (EARTHtimes.org)
WASHINGTON (Reuters) - The Federal Reserve's actions to lend billions of dollars to prop up and sell off ailing brokerage Bear Stearns will help all Americans by stabilizing capital markets, a senior U.S. Treasury official said.
2008-03-21 12:35:55 -
No gloom and doom, but plenty of good deals (The Delaware Business Ledger)
In addition to new homes, builders are structuring packages to attract buyers in a challenging real estate market. They're cooking up custom kitchens and serving up hardwood floors, on the house. Most of all, they're making it easier for consumers to pay their mortgages.
2008-03-21 12:57:39 -
Report Says Orlando Has More Vacant Homes Than Any U.S. City (WFTV 9 Orlando)
A new report says Orlando has more vacant homes than any city in America and, if you drive by any neighborhood in Orlando, chances are you'll see plenty of "for rent" and "for sale" signs.
2008-03-21 10:33:04 -
Despite Fed cuts and other steps to stop the economic slide, bad news is not over (The World)
WASHINGTON — Any present optimism may be premature.
2008-03-21 10:37:01 -
Slump Moves From Wall St. to Main St. (NYTimes.com via Yahoo! Finance)
The economic downturn is seeping into new parts of the country, to communities that seemed insulated only months ago.
2008-03-21 10:38:34 -
Asian markets rise; most exchanges closed for Good Friday (The Palm Beach Post)
Asian stock prices mostly rose in light trading today after a turbulent week. Trading was light, however, as most markets worldwide were closed for Good Friday.
2008-03-21 10:51:55 -
Real Estate Weekly: Real Estate Weekly: The importance of schools in home buying (Market Watch)
For those braving current real-estate conditions and buying a home, the school district in which the home resides may be one of the most important elements to look at these days, according to a study by Trulia.com.
2008-03-21 10:56:00 -
US Cash Grain Review: Dramatic Price Declines Upset Market (INO News)
CENTRAL CITY, Neb. (Dow Jones)--An almost-cataclysmic collapse in grain futures caused massive disruptions in U.S. cash grain trade this week, forcing many merchandisers completely off the market and stifling country movement.
2008-03-21 08:31:22 -
Rescue Plans That Alarm Shareholders (NYTimes.com via Yahoo! Finance)
What happens when managers conclude that desperate measures are needed, which will permanently damage the shareholders but provide hope for survival of the enterprise?.
2008-03-21 08:38:31