Mortgage and Financial News From 2008-2-8 Page 32

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  • The high cost of luxury (The Gainesville Sun)

    Affluent shoppers appear to be pulling back on car purchases.
    2008-02-08 03:39:06

  • Luxury vehicle sales expected to decline (Daily Press)

    As the slumping economy heads toward a recession, buyers of high-end automobiles have felt the strain. 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 03:43:06

  • Back to real N.J. stand-up (The Record)

    Billy Garan is old-school funny. The comic, who's been in the industry for a quarter-century, delivers rapid-fire jokes à la Rodney Dangerfield, does impressions and uses props and sound effects.
    2008-02-08 03:52:29

  • Ocean County Happenings (Press of Atlantic City)

    Education THE BIG O: HOW AN ORGANIC LIFESTYLE CAN REALLY SAVE THE PLANET, program at the Long Beach Island Foundation of the Arts and Sciences, Feb. 16 at 1:30 p.m. For more information call (609) 494-1241 or see www.lbifoundation.orgLIBRARY EVENTS in Stafford Township at the local branch of...
    2008-02-08 05:50:09

  • Analysts Predict Downturn In Luxury Vehicle Sales (Manufacturing.net)

    Despite introducing new vehicles, some automakers and analysts predict luxury sales will fall this year as the U.S. economic woes put a pinch on high-end buyers.
    2008-02-08 07:47:10

  • Piikani housing plan unveiled (Pincher Creek Echo)

    A five-year plan to get housing on the Piikani Nation back on track was unveiled to band members last Thursday. During a two-day conference on housing and economic development held in Brocket, Natoshia Bastien from the nation’s housing department explained the plan to the community.
    2008-02-08 08:03:43

  • Adventurous couple run Godde Mortgage (Antelope Valley Press)

    This story appeared in the Antelope Valley Press Friday, February 8, 2008. PALMDALE - With a successful mortgage company, four children and an inner drive for off-road racing, life stays an adventure for Godde Mortgage owners Gabriella and Ty Godde.
    2008-02-08 09:18:12

  • Earnings fall at Liberty Reverse Mortgage parent (BizJournals)

    Genworth Financial Inc., the parent company of Liberty Reverse Mortgage, reported earnings of $178 million in the fourth quarter, down 52 percent from the same quarter in 2006. (GNW)
    2008-02-08 12:45:51

  • For Most, Rebates are a Simple Gift, CCH Says

    Forbes - Second, it also permits "bonus" depreciation of 50 percent of the adjusted basis of qualifying property acquired in 2008 ... In addition, there is a temporary housing loan limit increase for Fannie Mae and Freddie Mac and FHA approved mortgages. "These ...
    2008-02-08 11:08:00

  • German Stocks Gain, Led by Deutsche Boerse, MAN; Infineon Drops

    Bloomberg - Infineon Technologies AG, Europe's second-largest maker of semiconductors, declined after several brokerages reduced their ... The commercial-property lender rose as investors' concern about potential losses related to subprime mortgages abates ...
    2008-02-08 08:16:00

  • UK on a tightrope

    Financial Times - In the second, worries about credit subside without much of a slowdown, and destabilised by rising energy prices and a ... The main difference is that, as well as the collateral of the mortgages, covered bonds are guaranteed by the bank that issues ...
    2008-02-08 11:15:00

  • Group wants more Fannie, Freddie checks

    CNBC - The coalition paid The Podesta Group $120,000 in the second half of the year, according to a disclosure form posted online ... FM Policy Focus supported a bill to tighten federal oversight of the two biggest buyers of home mortgages, Fannie and Freddie ...
    2008-02-08 12:20:00

  • Easy escape from mortgages planned by Labor

    News.com.au - Easy escape from mortgages planned by Labor ... Second, there will be a review of entry, exit and early termination fees to make it easier to compare options - in some ...
    2008-02-08 05:46:00

  • Canada Stocks Rise, Led by Barrick, Paring Index's Weekly Drop

    Bloomberg - Feb. 8 (Bloomberg) -- Canadian stocks rose for a second day, paring the market's first weekly drop since mid-January, as ... six biggest banks have announced writedowns of about $4.7 billion to the value of investments tied to U.S. subprime mortgages ...
    2008-02-08 10:39:00

  • Bear Stearns to attack costs "aggressively"

    Reuters - ... portfolio of mortgage-related securities by $1.9 billion in the fourth quarter, also slashed its exposure to risky assets during the second half last year, Molinaro said at an investor conference. At the end of November, total exposure to mortgages ...
    2008-02-08 08:38:00

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