Mortgage and Financial News From 2008-4-19 Page 01
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Lakeland Electric's Bond Rating Stays Strong (The Lakeland Ledger)
LAKELAND | Lakeland Electric got its first good news since the expiration of its faulty contract to sell electricity to an Orlando power consortium. The kind words came from a bond rating company.
2008-04-19 04:47:53 -
Old jail may serve as homeless shelter (The Daily Advance)
The upstart homeless coalition has identified a possible shelter to house those temporarily left homeless — the Albemarle District Jail.
2008-04-19 08:31:07 -
Arts institutions in US feeling impact of ailing economy (GMA News)
NEW YORK - When the J. Paul Getty Trust in Los Angeles was seeking to finance the purchase of art works, it did what cultural institutions often do to raise money: It issued bonds.
2008-04-19 08:52:48 -
Owners backed into foreclosure corner find loan lifeline (The Palm Beach Post)
Foreclosure happens even to bankers.
2008-04-19 08:53:10 -
Unlike House plan, Bush aid gauges responsibility (Concord Monitor)
Should the federal government bail out a homeowner who lied about her income, bought a house far bigger than she could afford and now, predictably, cannot make the payments?
2008-04-19 09:05:56 -
States tackle foreclosure crisis as feds delay (Concord Monitor)
This month alone, Philadelphia's sheriff delayed foreclosure auctions of 759 homes at the city council's urging. Maryland extended the time it takes to complete a foreclosure. State leaders in Ohio recruited more than 1,000 lawyers to aid distressed borrowers.
2008-04-19 09:06:07 -
Protect your investment: ask questions when shopping for a mortgage (Asheville Citizen-Times)
My colleagues know me as an even-tempered individual. Last week, however, they would not have recognized me.
2008-04-19 09:38:03 -
To be a freelance writer, a cushion of cash helps (The Star-Ledger)
Mike is ready to enter a new world. The single Passaic County man wants to leave his lucrative salaried job and start anew. "I want to maintain my lifestyle and keep my townhouse, but change careers, becoming a freelance writer," says Mike, 43. "This means a huge pay cut."
2008-04-19 09:52:53 -
Investors look closely at REITs (Naples Daily News)
Falling prices, tighter credit and rising foreclosures have taken their toll on the housing market, but there is one residential sector that could actually benefit from these economic woes: multifamily rentals.
2008-04-19 03:05:00 -
'Mortgage holidays' for hard-up homeowners (Guardian Unlimited)
Those facing the threat of repossession could be offered breathing space from their payments
2008-04-19 04:43:53 -
House prices are not made to measure (Daily Telegraph)
Jonathan Russell gets to the bottom of the many and confusing measures of house price value.
2008-04-19 04:46:28 -
ECONOMY: Job numbers show first loss in 15 years (North County Times)
More jobs have vanished from San Diego County in the last 12 months than have been created to take their place, the first such loss since 1993, a state agency reported Friday.
2008-04-19 07:13:05 -
Some Mutual Fund Numbers Look Great, but for Whom? (NYTimes.com via Yahoo! Finance)
The public stock markets are in the throes of one of the biggest and most egregious financial scandals in modern history, according to author Louis Lowenstein’s new book.
2008-04-19 07:40:01 -
What are you going to do with your tax rebate (The Oshkosh Northwestern)
By SANDRA BLOCK
2008-04-19 08:10:51 -
Down but not out (Vancouver Business Journal)
Foreclosures. Failed lenders. Subprime fallout. It’s enough to give anyone in real estate nightmares. But several local mortgage brokers and bankers said they’re not panicking.
2008-04-18 09:13:04