Mortgage and Financial News From 2008-2-3 Page 41

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• Power: New proposal would solve school funding woes - Lansing State Journal

  Power: New proposal would solve school funding woesLansing State Journal, MI - 2 hours ago... market," sounds pretty tame...that is, unless you just got a note from your friendly mortgage company saying your house is about to be repossessed. ...
  2008-02-03 01:27:25

• Investors show signs of hope - Asbury Park Press

  Investors show signs of hopeAsbury Park Press, NJ - 2 hours agoBanks and regulators indicated they are working to help out the distressed companies that insure mortgage-backed bonds. And Microsoft Corp. ...
  2008-02-03 01:32:48

• Consumption dysfunction - SunJournal.com (subscription)

  Consumption dysfunctionSunJournal.com (subscription), ME - 1 hour agoThat's why the dollar fell about 10 percent last year as the mortgage crisis unfolded. And because the money we spend fuels so much economic activity ...
  2008-02-03 02:08:30

• Microsoft makes offer to Yahoo - Mohave Valley News

  Microsoft makes offer to YahooMohave Valley News, NV - 1 hour agoBut the mix of economic news reminded investors of the continuing fallout from the housing and mortgage crisis. HOUSTON (AP) - Beating its own record to ...
  2008-02-03 02:16:14

• Bailout may be slow to save market, experts say - Honolulu Star-Bulletin

  Bailout may be slow to save market, experts sayHonolulu Star-Bulletin, HI - 1 hour agoPowershares invests at least 80 percent of its assets in companies that derive a majority of their revenue from the People's Republic of China, ...
  2008-02-03 02:31:30

• Gann sets sights on market future - Clarksville Leaf Chronicle

  Gann sets sights on market futureClarksville Leaf Chronicle, TN - 56 minutes agoI just wish more homeowners would give us a call or call their mortgage companies when they are feeling pressure on making their payments. ...
  2008-02-03 03:03:36

• MOVERS & SHAKERS - Portsmouth Herald News

  MOVERS & SHAKERSPortsmouth Herald News, NH - 49 minutes agoSTRATHAM — Beech Financial Services LLC announces the transition of three of its senior mortgage loan consultants to its home office at 70 Portsmouth Ave., ...
  2008-02-03 03:10:30

• Seeking safe haven in economic storm - Contra Costa Times

  Seeking safe haven in economic stormContra Costa Times, CA - 35 minutes agoFor the more adventurous, there are some mortgage real estate investment trusts (REITs) that are paying between 7.6 percent and 9 percent with risk levels ...
  2008-02-03 03:25:14

• Sharpen your pencils - Columbus Dispatch

  Sharpen your pencilsColumbus Dispatch, OH - 8 minutes agoTaxpayers using home tax preparation software should check the companies' Web sites often for updates. Those still grappling with paper forms can print ...
  2008-02-03 03:52:06

• Housing meltdown blame runs deep (Portsmouth Herald)

  America's housing meltdown has spawned an epidemic of home foreclosures and job losses. It has dealt huge hits to the bottom lines of big home builders and Wall Street banks. It has sent the stock market into a frightening tailspin. It's triggering fears...
  2008-02-03 03:10:29

• People in suits mugged naive U.S. homebuyers (Portsmouth Herald)

  It's the perfect crime, so big and so reeking of establishment that few recognize the inherent criminality, but the results are the same as if some street thug held us all up at gunpoint. This country is spiraling toward recession. Huge amounts of wealth...
  2008-02-03 03:10:39

• MOVERS & SHAKERS (Portsmouth Herald)

  MANCHESTER — Granite State Credit Union announces the promotion of Gary G. Boisvert to executive vice president, CFO. Boisvert, who has served as vice president and CFO since 1996, is responsible for all financial aspects of the credit union's...
  2008-02-03 03:15:21

• Seeking safe haven in economic storm (Contra Costa Times)

  Contemplating the market turmoil of 2008, I found myself thinking about Bob Dylan's song "Dirge," where he sings, "In an age of fiberglass, I'm looking for a gem.
  2008-02-03 03:25:59

• No comeback for carnival (York Daily Record)

  Shrieks of joy from whirling rides and the smell of carnival food will be just a memory for the patch of land behind the Parkville Fire Station on Baltimore Street in Hanover.
  2008-02-03 03:40:29

• New IRS rule allows waiver of tax on forgiven debts (Southfield Eccentric)

  Dear Rick: Last year I lost my job and had to sell my home. I did a short sale and sold it for less than I owed. The mortgage company forgave the balance of my mortgage but a friend said I have to pay taxes on that amount. Please tell me my friend was wrong. I have no clue how I would come up with the money to pay the taxes.
  2008-02-03 03:53:25

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