Mortgage and Financial News From 2008-3-14 Page 13

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  • Palm Harbor Homes Announces Extension of Warehouse Borrowing Facility ...

    Forbes - ... of our careful underwriting and intense servicing, default rates and losses have been significantly lower than those experienced with manufactured home loans securitized in the late '90s, or than those experienced recently in the sub-prime mortgage ...
    2008-03-14 09:03:00

  • HUD proposes more complete home-loan disclosures

    USA Today - WASHINGTON — Prospective home buyers would get easier-to-understand information on mortgage terms and save an average $700 in closing costs under a proposal to be unveiled Friday by President Bush. The proposed overhaul to a 1974 law requiring ...
    2008-03-14 08:56:00

  • Mortgage Mess "Hitting Home Early"

    CBS News - The Early Show money maven offers advice to keep your financial house in order. Check out CBSNews.com's real estate section. (CBS) With hard times getting harder and more and more people facing the prospect of losing their homes, The Early Show is ...
    2008-03-14 08:56:00

  • HEADLINES FOR FEBRUARY 29, 2008 (Drummer)

    A proposal for keeping the Suzuki program going in Montrose was one of the matters before the Buffalo, Hanover, Mont-rose (BHM) School Board this week.
    2008-03-14 09:53:39

  • HEADLINES FOR FEBRUARY 15, 2008 (Drummer)

    Transportation is a top priority topic in the State Capitol as the 2008 legislative session gets underway.
    2008-03-14 09:53:59

  • Housing affordability at worst level since 1990, says RBC Economics (Barrie Examiner)

    TORONTO - The cost of owning a home hit its highest level since 1990 in the latest quarter, according to a report from the Royal Bank.. The Bank says a long upward trend in house prices driven by a strong economy that has seen growth [...]
    2008-03-14 09:54:19

  • Bush Says Economy Is in `Tough Time,' Will Rebound (Update4) (Bloomberg.com)

    March 14 (Bloomberg) -- President George W. Bush said the Federal Reserve and his administration would take ``appropriate steps'' to stabilize financial markets and the U.S. economy would recover.
    2008-03-14 09:55:21

  • Bush acknowledges weakness in economy (KABC-TV Los Angeles)

    President Bush says the U.S. economy is obviously "going through a tough time."
    2008-03-14 09:55:33

  • Bush tries to calm fears about economy (Everett Herald)

    NEW YORK -- Trying to calm jitters about the economy, President Bush conceded on Friday that the country "obviously is going through a tough time" but expressed confidence that it will rebound. He cautioned against overreacting to fix the problems.
    2008-03-14 09:56:44

  • St. Pat's Partiers Warned About Public Drinking (WCVB Boston)

    Boston Mayor Thomas Menino and the Boston police department warned St. Patrick's Day revelers that they will be stepping up police patrols over the weekend in an effort to make sure alcohol laws are being responsibly enforced.
    2008-03-14 09:57:29

  • (AFX UK Focus) 2008-03-14 16:46 GMT: Bush says economy going through 'tough time,' but optimistic for recovery UPDATE (Interactive Investor)

    (Updates with more from Bush's speech)
    2008-03-14 09:57:45

  • UCBH Holdings, Inc. Announces Grand Opening of United Commercial Bank ...

    MSN MoneyCentral - ... of the Bank's borrowers to pay their debts to the Bank; market fluctuations such as those affecting interest and foreign exchange rates ... Further description of the risks and uncertainties are included in detail in the Company's current, quarterly ...
    2008-03-14 02:58:00

  • Brazil GDP Grows More Than Expected in Fourth Quarter (Update3)

    Bloomberg - Unless the expansion slows in coming months, policy makers may need to raise interest rates to rein in consumer prices, said Goldman Sachs Group Inc. economist Paulo Leme . ``The current acceleration in household consumption is unsustainable and ...
    2008-03-12 12:05:00

  • Dollar slides on poor outlook for U.S. economy

    San Jose Mercury News - European Central Bank sticks to a tough anti-inflation stance and signals that no rate cuts are on the way for the 15-nation euro zone from its current 4 percent level. Lower interest rates can jump-start a nation's economy, but can also weigh on its ...
    2008-03-14 01:25:00

  • Goodbye Christmas cheer

    News.com.au - That is a downturn, but also a relatively soft landing from the current heightened inflation pressures, with an expected pick-up in home lending through 2009 helping to provide some support for retail," Mr Rumbens said. Rising interest rates pose ...
    2008-03-12 09:27:00

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