Mortgage and Financial News From 2008-2-8

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  • Julius Baer second-half rises 33% on client funds - Tehran Times

    Julius Baer second-half rises 33% on client fundsTehran Times, Iran - 28 minutes agoBefore today, the stock lost 23 percent this year amid concern the collapse of the US subprime mortgage market and an 11 percent slump in global equity ...
    2008-02-08 05:31:57

  • Georgia's stimulus estimate: $3.6 billion - Atlanta Journal Constitution

    Georgia's stimulus estimate: $3.6 billionAtlanta Journal Constitution,  USA - 14 minutes agoThe mix of rebate checks for consumers, revised mortgage rules and breaks for businesses that Congress passed Thursday should pack an overall punch that's ...
    2008-02-08 05:45:59

  • Jeani West, Sweet Home - Albany Democrat Herald

    Jeani West, Sweet HomeAlbany Democrat Herald, OR - 6 minutes agoIt won't bail you out of your sub prime mortgage or pay your healthcare expenses. It won't put your kids through college. In fact, the only thing that ...
    2008-02-08 05:54:12

  • Mortgage defaults on the rise in UK - Stuff.co.nz

    Mortgage defaults on the rise in UKStuff.co.nz, New Zealand - 4 minutes agoBritish home repossessions last year hit their highest level since 1999 and are likely to increase, the Council of Mortgage Lenders says. ...
    2008-02-08 05:55:29

  • Emergency Shelter Seeks Emergency Funding (The Signal)

    Family Assistance Program needs immediate donations to get through the winter season.
    2008-02-08 05:41:33

  • Refinancing requires preparation (Seattle Post-Intelligencer)

    Mortgage rates fell this week, keeping a refinancing boomlet alive. The benchmark 30-year fixed-rate mortgage fell 10 basis points, to 5.78 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week's survey had an average total of 0.36 discount and origination points. One year ago, the mortgage index ...
    2008-02-08 05:44:34

  • To Fix Economy: Get Out of Iraq. AP Poll Finds (HispanicBusiness.com)

    The heck with Congress' big stimulus bill. The way to get the country out of recession -- and most people think we're in one -- is to get the country out of Iraq, according to an Associated Press-Ipsos poll released today.
    2008-02-08 05:45:57

  • AP Poll: Leaving Iraq will help economy (Lexington Herald-Leader)

    The heck with Congress' big stimulus bill. The way to get the country out of recession - and most people think we're in one - is to get the country out of Iraq, according to an Associated Press-Ipsos poll. Pulling out of the war ranked first among proposed remedies in the survey, followed by spending more on domestic programs, cutting taxes and, at the bottom end, giving rebates to poor people ...
    2008-02-08 05:46:49

  • Georgia's stimulus estimate: $3.6 billion (Atlanta Journal-Constitution)

    Congress' stimulus package looks to be a needed, if modest, spur to Georgia's sluggish economy.
    2008-02-08 05:46:58

  • Former Skating Champ Died From Overdose (Local 10 Miami)

    Former national figure skating champion Christopher Bowman died from a drug overdose and an enlarged heart, a report says.
    2008-02-08 05:57:06

  • Overdose To Blame For Skating Champ's Death (NBC 5 Chicago)

    A report says that former national figure skating champion Christopher Bowman died from a drug overdose and an enlarged heart.
    2008-02-08 05:58:25

  • Stallion to Participate in New Oil Discovery in Mississippi

    MSN MoneyCentral - ... on lands not currently controlled by Stallion within its core interest area in Mississippi and Louisiana. With current oil prices near record levels, future discoveries in the Belmont Lake Field could substantially enhance production rates and ...
    2008-02-08 10:54:00

  • RPT-Lazard sees M&A still strong after current lull

    Forbes - ... activity may be in a lull after several boom years, but discussions and interest ... After several years of near record lows in U.S. companies' debt-default rates ... Castellano said Lazard would benefit in other ways from the current slowdown ...
    2008-02-08 06:00:00

  • ANALYSIS-Jobs surge might not temper Canadian rate cuts

    Forbes - ... Reuters) - Gangbusters jobs data released Friday may make the Bank of Canada a little more cautious about cutting interest rates ... turned traditional logic on its head this week when she said the best path for the central bank might, in the current ...
    2008-02-08 11:51:00

  • Fed's Lockhart: Fed actions should steady markets

    CNBC - ATLANTA (Reuters) - The Federal Reserve's recent interest rate cuts and injections ... the Fed's sharp rate cuts in January, which took benchmark short-term U.S. rates ... higher, depending on how you measure," he said, adding that in the current ...
    2008-02-08 11:37:00

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