Mortgage and Financial News From 2008-2-1 Page 6

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  • Consumer Class Action Certified Against Title Insurance Co. - Law.com (subscription)

    Consumer Class Action Certified Against Title Insurance Co.Law.com (subscription), CA - 37 minutes ago... rate unless the purchaser presented evidence of previous title insurance and regardless of whether the title search revealed a prior mortgage or ...
    2008-02-01 08:31:21

  • GCC states’ defence of dollar peg rings hollow - Peninsula On-line

    GCC states’ defence of dollar peg rings hollowPeninsula On-line, Qatar - 17 minutes ago... when the negative interest rates across the Gulf spur demand for credit. Mortgage lending in the UAE, which opened its property market to foreign ...
    2008-02-01 08:51:31

  • North County Times, Escondido, Calif., business briefs column - Trading Markets (press release)

    North County Times, Escondido, Calif., business briefs columnTrading Markets (press release), CA - 15 minutes agoThrough HomeBenefitIQ, employees are able to access information and even apply for mortgages online with special rates and discounts not available to the ...
    2008-02-01 08:53:59

  • Suffering in secret - Irish Independent

    Suffering in secretIrish Independent, Ireland - 13 minutes agoThose of us whose economic barometers measure little more than the effect of mortgage interest rates on our monthly outgoings are unlikely to feel any ...
    2008-02-01 08:55:38

  • $9 Trillion Debt - Tampa Tribune

    $9 Trillion DebtTampa Tribune, FL - 8 minutes agoWho sat by while the banks and mortgage corporations manipulated the hapless home buyers to sign those sub-prime mortgages? As an immediate first step to ...
    2008-02-01 09:00:43

  • Job Losses Raise Recession Fears (NYTimes.com via Yahoo! Finance)

    Employers cut 17,000 jobs in January, the first decline in the work force in more than four years.
    2008-02-01 08:39:59

  • U.S. stocks hope to cement nascent recovery (MarketWatch via Yahoo! Finance)

    Investors will attempt to cement a nascent recovery in stocks next week, seeking help from earnings growth outside the battered financial sector and trying to gauge whether much lower interest rates will be enough to prevent the U.S. economy from sliding into recession.
    2008-02-01 09:01:00

  • Jobs decline for the first time in almost five years (The Kansas City Star)

    Despite mixed signals, the January jobs report was widely seen as the latest sign that the economy may be slipping into its first recession since 2001 — assuming it hasn’t already done so.
    2008-02-01 09:02:56

  • RRSPs not for everybody (MSN Money Canada)

    Although advertising teaches we'd be foolish to shun them, Canadians with heavy debt, massive mortgages or smaller incomes may want to think twice about stashing their money in RRSPs.
    2008-02-01 09:04:44

  • Her Mother's Daughter (Santa Barbara Independent)

    Chelsea Clinton took all questions in the Santa Barbara City College cafeteria.
    2008-02-01 09:06:36

  • Fresh signs of US recession (The West Australian)

    US employers cut jobs last month for the first time in more than four years, the starkest signal yet that the economy is grinding to a halt if it hasn’t already toppled into recession.
    2008-02-01 09:07:26

  • Bristol-Myers, Ciena Losses Show Subprime Infection (Update2)

    Bloomberg - Feb. 1 (Bloomberg) -- Bristol-Myers Squibb Co.'s $275 million writedown on subprime investments shows the mortgage crisis is spreading from Wall Street to the drug, technology and mining industries, where companies are posting losses on assets once ...
    2008-02-01 01:54:00

  • Small-Cap Stocks Beat S&P 500 for Third Straight Week (Update2)

    Bloomberg - Feb. 1 (Bloomberg) -- The Russell 2000 Index beat the Standard and Poor's 500 Index for a third week, the longest streak since March, after homebuilders and mortgage companies rallied. WCI Communities Inc., Standard Pacific Corp. and Meritage Homes ...
    2008-02-01 01:25:00

  • US employment falls for the first time in more than 4 years, fresh ...

    International Herald Tribune - Job losses were widespread in January. Factories, construction companies, mortgage brokers and real-estate firms were among those eliminating jobs — casualties of the housing bust and credit crunch. The government cut jobs for the first time since ...
    2008-02-01 08:13:00

  • The Boom Was a Bust For Ordinary People - Washington Post

    The Boom Was a Bust For Ordinary PeopleWashington Post, United States - 3 hours agoThe mortgage industry is in a meltdown; Business Wire predicts a 37 percent increase in the number of companies planning layoffs this year. ...
    2008-02-01 05:23:24

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