Mortgage and Financial News From 2008-2-8 Page 31

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  • AP Poll: Leaving Iraq will help economy (AP via Yahoo! News)

    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.
    2008-02-08 01:43:22

  • Bear Stearns Is `Short' Subprime Mortgages $1 Billion (Update2) (Bloomberg.com)

    Feb. 8 (Bloomberg) -- Bear Stearns Cos., the U.S. securities firm that posted its first-ever loss last quarter on mortgage writedowns, has more than $1 billion of trades that profit if subprime home loans and bonds continue to deteriorate.
    2008-02-08 01:44:02

  • The Japanese bubble: Alarming parallels with U.S. (International Herald Tribune)

    The shadow of Japan hangs over the U.S. economy these days. The United States is sliding into a downturn, economists say, just as it appears to be losing some of its global edge.
    2008-02-08 01:44:08

  • Luxury cars may linger longer

    Detroit Free Press - In addition, many of those buyers have seen their home values drop and adjustable rate mortgages go up, he said. Nerad expects ... Paul Taylor, chief economist for the National Automobile Dealers Association, said a federal stimulus package could reverse ...
    2008-02-07 11:48:00

  • Flowers Wins Followers After Spurning Sallie Mae Deal (Update1)

    Bloomberg - They ended up not doing a deal they didn't want to do, and they ended up not paying a $900 million reverse breakup fee ... A record $186 billion of private-equity purchases collapsed last year after losses tied to subprime mortgages reduced demand ...
    2008-02-08 06:29:00

  • Earnings fall at Liberty Reverse Mortgage parent

    Sacramento Business Journal - Finance [Sacramento] Insured mortgage defaults rise 35% [Orlando] Northland Investment gets $23M in financing [Boston] Mortgages in reverse Genworth Financial Inc. , the parent company of Liberty Reverse Mortgage , reported earnings of $178 million in the ...
    2008-02-08 12:05:00

  • Liberty Reverse Mortgage

    Sacramento Business Journal - At Liberty Reverse Mortgage, we specialize in changing lives through maximizing cash flow for those aged 62 and better. Our single-minded focus on reverse mortgages has allowed us to become the leading experts in our rapidly growing industry. It also ...
    2008-02-08 12:05:00

  • Congress eyeing reverse loans - Chicago Tribune

    Congress eyeing reverse loansChicago Tribune, United States - 7 hours agoMany retirees report being pleased with their reverse mortgages, but consumer advocates say Congress should be moving more quickly to protect the elderly ...
    2008-02-08 05:36:56

  • Flowers Wins Followers After Spurning Sallie Mae Deal (Update1) - Bloomberg

    Flowers Wins Followers After Spurning Sallie Mae Deal (Update1)Bloomberg - 7 hours ago``They ended up not doing a deal they didn't want to do, and they ended up not paying a $900 million reverse breakup fee,'' said Morton Pierce, ...
    2008-02-08 06:26:37

  • Class and Inflation in Australia - Monthly Review

    Class and Inflation in AustraliaMonthly Review, VA - 3 hours agoWithout gains made when the economy is prancing ahead, workers will suffer even greater pain as growth slows or goes into reverse, unemployment rises and it ...
    2008-02-08 09:33:29

  • Retiring baby boomers and most older folks want to be involved ... - Orange Bulletin

    Retiring baby boomers and most older folks want to be involved ...Orange Bulletin, CT - 3 hours agoWe hear more and more about Medicare Advantage Programs and reverse mortgages. Chico's and Coldwater Creek, with their flattering styles for maturing women, ...
    2008-02-08 10:00:35

  • Earnings fall at Liberty Reverse Mortgage parent - Bizjournals.com

    Earnings fall at Liberty Reverse Mortgage parentBizjournals.com, NC - 45 minutes agoGenworth Financial Inc., the parent company of Liberty Reverse Mortgage, reported earnings of $178 million in the fourth quarter, down 52 percent from the ...
    2008-02-08 12:43:23

  • Liberty Reverse Mortgage - Sacramento Business Journal

    Liberty Reverse MortgageSacramento Business Journal, CA - 40 minutes agoAt Liberty Reverse Mortgage, we specialize in changing lives through maximizing cash flow for those aged 62 and better. Our single-minded focus on reverse ...
    2008-02-08 12:48:49

  • David Carey joins Sun West Mortgage Company as Vice President - Trading Markets (press release)

    David Carey joins Sun West Mortgage Company as Vice PresidentTrading Markets (press release), CA - 26 minutes agoIts diversified loan programs include FHA and jumbo reverse mortgages, FHA single family and multi-family, VA, conventional, jumbo, and home equity ...
    2008-02-08 01:02:20

  • Declining markets slow sales of luxury cars (Tacoma News Tribune)

    CHICAGO – Automakers are introducing plenty of luxury vehicles at this year’s Chicago Auto Show, from the $78,000 Yes! roadster to Porsche’s performance-oriented Cayenne GTS.
    2008-02-08 01:34:18

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