Mortgage and Financial News From 2008-1-30 Page 7

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  • FGIC Loses AAA Rating - Washington Post

    FGIC Loses AAA RatingWashington Post, United States - 12 minutes agoFGIC guaranteed $21 billion of home-equity securities, $8.8 billion of subprime mortgage debt, and $10.3 billion of collateralized debt obligations backed ...
    2008-01-30 10:48:00

  • Congress, treasury secretary announce deal on tax rebates (Sherman Herald Democrat)

    By Andrew Taylor Associated Press WASHINGTON — Congressional leaders announced a deal with the White House Thursday on an economic stimulus package that would give most tax filers refunds of $600 to $1,200, and more if they have children.
    2008-01-30 10:49:07

  • Fire damages historic building (New Orleans Times-Picayune)

    Nearly 60 firefighters were called in to control a fire that virtually destroyed a historic home on Esplanade Avenue Tuesday night, fire officials said.
    2008-01-30 10:49:18

  • Records show signs of trouble in Medina finances (Houston Chronicle)

    An investigation into a suspicious fire that destroyed the home of Texas Supreme Court Justice David Medina brought unprecedented scrutiny of his life: from cell phone calls to bank records to personal relationships to the whereabouts of family members on the night in question.
    2008-01-30 10:52:38

  • Household budgeting is important for families of today (Pensacola News Journal)

    With the holidays over, now is a great time for families to draft a family budget. A budget is a great way to consider your finances -- it allows you to prioritize what is important in your life.
    2008-01-30 10:53:22

  • Realtors 'thrilled' with vote (Florida Today)

    Representatives of the local real estate industry were optimistic after voters approved Amendment 1.
    2008-01-30 10:53:35

  • Everyone hopes Fed's action will benefit economy (Florida Today)

    Businesspeople, economists hope the Fed's action does the trick.
    2008-01-30 10:54:23

  • Fed trims rates again (Pensacola News Journal)

    The Federal Reserve sliced rates by a half point Wednesday, delivering new relief to people and businesses squeezed by the ailing economy.
    2008-01-30 10:55:44

  • From Long Island to Litchfield, it was a journey of faith (Capital Weekly)

    LITCHFIELD — Tom and Gerri Stracuzza had thought they’d be spending their golden years ocean side in Virginia Beach. But instead, the New York couple retired to a home in Litchfield overlooking Cobbossee Stream.
    2008-01-30 10:56:28

  • Public records for Jan. 31, 2008 (Daytona Beach News-Journal)

    Courthouse
    2008-01-30 10:56:35

  • A Snapshot of Fed Leaders

    Forbes - He is the only member of the Federal Open Market Committee - the group that decides the direction of interest rates in the United States - to have served with former Fed chairmen Greenspan and Paul Volcker and the current chief, Bernanke. A native of ...
    2008-01-30 02:03:00

  • Well, well this what you call the process of globalization

    Lanka Business Online - Easy credit is more of a bubble generator than low interest rates per se. All the banks that are involved in the current crisis have been awarded 'Bank of the year' ' Investment Bank of the year etc by various financial institutions that are ...
    2008-01-30 08:59:00

  • Asia Day Ahead: Fed Cuts Interest Rate as U.S. Growth Falters

    Bloomberg - ... December Housing Starts Seen Dropping 19.2% Vs Year Ago Thailand December Current Account Surplus Seen at $1.75 Billion Philippines Seen Cutting Interest ... Gold rose to a record after the Federal Reserve lowered interest rates for the second time ...
    2008-01-30 02:32:00

  • Long-Term Bonds Drop As Fed Cuts Rates

    Forbes - ... by the Federal Reserve's widely expected interest ... will keep pressure on the Fed to send rates lower again later in the year to boost the economy. This is particularly true because many economists think the economy is shrinking in the current ...
    2008-01-30 02:53:00

  • Fed rate cut right move, analysts say

    Boston Globe - Cutting interest rates boosts the economy by lowering borrowing costs and encouraging consumers and businesses to spend. The Fed ... will contract for at least one quarter this year, helping to push unemployment as high as 6 percent from the current 5 ...
    2008-01-30 09:49:00

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