Investment Postcards' Words from the Wise
August 30, 2008
Words from the (investment) wise for the week that was (July 28 – August 3, 2008) As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets. With the exception of Friday, crude prices closed each day with a gain or loss of more than 1%, with US stocks doing likewise as sentiment waxed and waned on the back of a barrage of economic and corporate earnings reports. Economic data
Source:Investment Postcards' Words from the Wise
I Ain't Buyin' It
August 29, 2008
Banks are closing, and unemployment’s up. We have record foreclosures and sky-high gas prices. Everywhere we turn, there’s gloom and doom — on the newspapers, the nightly news, radio âEuro¦ every media outlet is full of these stories.
Source:I Ain't Buyin' It
CTV Newsnet: Noah Moseley, foreclosure victim
August 28, 2008
ShortOnChange.com has made it to National television; Canadian news, but still national.
Source:CTV Newsnet: Noah Moseley, foreclosure victim
Devil in the details- Housing Rescue Bill
August 27, 2008
The eagerly anticipated housing-rescue bill, also know as the Housing Assistance Act of 2008, is intended to calm the mortgage market, the real estate market, homeowners on the verge of bankruptcy and foreclosure. Here is a look at five areas where tax law was changed along with housing law, and the good news and bad news.
Source:Devil in the details- Housing Rescue Bill
Why The Foreclosure Epidemic Is Even Worse Than It Seems
August 26, 2008
There is no doubt the foreclosure problem is getting worse; we haven’t seen the bottom yet. CNNMoney.com is reporting that foreclosure filings in the second quarter of this year are up 120% over the same period last year! . . . And, there is more bad news.
Source:Why The Foreclosure Epidemic Is Even Worse Than It Seems
Investment Postcards' Words from the Wise
August 25, 2008
Words from the (investment) wise for the week that was (July 28 – August 3, 2008) As oil prices seesawed through the past week, fresh uncertainty about the outlook for the beleaguered financial sector triggered another wave of volatility in financial markets. With the exception of Friday, crude prices closed each day with a gain or loss of more than 1%, with US stocks doing likewise as sentiment waxed and waned on the back of a barrage of economic and corporate earnings reports. Economic data
Source:Investment Postcards' Words from the Wise
U.S. foreclosures up, but there is no 'crisis'
August 24, 2008
Despite the frenzied, headline hyperbole to the contrary. Most of the AP wire stories trumpet the news “Foreclosures Surge 48% in May” - “One in Every 483 U.S. Households Received a Foreclosure Filing.” Call chicken little, too!One in 483. In other words, two-tenths of one percent of all home owners received a foreclosure notice in May, 2008.
Source:U.S. foreclosures up, but there is no 'crisis'
Ohio's Foreclosure Problems No Longer Restricted to Urban Areas
August 24, 2008
Miami, Florida (PRWEB) April 23, 2007 — As in many other areas of the country, Ohio’s foreclosure troubles are largely sourced to a recent proliferation in sub-prime and adjustable rate…
Source:Ohio's Foreclosure Problems No Longer Restricted to Urban Areas
Foreclosure Bill Drama
August 23, 2008
News about what is included in the foreclosure bill or housing bill and what is holding it up. Bush keeps saying he will veto so many compromises have been made to help ensure he will accept the measure.
Source:Foreclosure Bill Drama
Hamilton, Clermont news (The Cincinnati Enquirer)
August 23, 2008
News from around Hamilton and Clermont Counties
