Financials Look Bad, but We'll Get Through - Street.Com
An orderly decline, not a rout, in the bank stocks is actually a good thing. Yesterday really freaked out a lot of people and reminded us that we are going to have to worry again about Lehman ( LEH - commentary - Cramer's Take ) and Merrill ( MER
Fannie Mae Unsold $5 Billion Homes Bring Peril to Shareholders - Bloomberg
July 23 (Bloomberg) -- Fannie Mae , the largest U.S. mortgage finance company, couldn't find a buyer who would pay $6,900 for the three-bedroom house at 1916 Prospect St. in Flint, Michigan. So broker Raymond Megie, who is handling the foreclosure
Foreclosure filings on US homes more than doubles in the 2nd quarter - Newsday
NEW YORK (AP) _ The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday. Nationwide, 739,714 homes received at least one foreclosure-related notice
The economy, beaten down by bad news for weeks, finally gets just a - Newsday
WASHINGTON (AP) _ After weeks of one negative report after another, the economy finally got some news Friday that wasn't half bad. Wall Street, which suffered a stomach-churning drop Thursday, managed a modest gain. Oil prices hit their lowest point
Wall Street heads for mixed open as investors eye housing data - Baltimore Sun
NEW YORK (AP) _ Wall Street headed for a mixed open Thursday as investors awaited a report on the troubled housing market and watched oil prices edged higher. Investors were also awaiting the next round of second-quarter earnings reports. A key
Using Short Sale Services to Cash in on Foreclosure Market - PR.com
Mooresville, NC, July 24, 2008 --( PR.com )-- Lynn Voss, Co-host of Get Real, The Real Estate Investing Show for the Rest of Us is a short sale expert, sort of. Mrs. Voss’ business focuses on working with homeowners in financial distress. When
Home Inventories Fall, but Foreclosures Rise (Update2) - Street.Com
Updated from 10:22 a.m. EDT June new-home sales came in higher than expected but remained at very depressed levels. The positive sign for the housing market is that new-home inventories are falling. The bad news is that foreclosure filings are rising
Stocks End Higher on Economic News - BusinessWeek
by David Bogoslaw Major U.S. stock indexes finished higher on Friday, getting an injection of investor optimism about the economy on better-than-expected durable goods orders and new home sales figures, with added support from another drop in oil
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