Mortgage and Financial News From 2008-2-3 Page 47

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• Stupid economic indicator: Consumer Price Index

  Seattle Times - The Consumer Price Index applies certain weights to each major sector of spending, so that it assumes that the average consumer spends 42.7 percent of their income on housing costs (including insurance, utilities, furnishings, rent or mortgage, etc ...
  2008-02-03 12:08:00

• End-of-year tax breaks will help some homeowners

  Columbus Dispatch - WASHINGTON -- In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage-insurance payments might be tax-deductible. Congress acted on both provisions late last year, extending ...
  2008-02-03 12:37:00

• Subprime Mess Persists - Hartford Business

  Subprime Mess PersistsHartford Business - 1 hour agoNexus Mortgage Group had acquired its bond, before its cancellation, through the New Jersey-based Selective Insurance Group. The company would not comment ...
  2008-02-03 12:03:14

• Stupid economic indicator: Consumer Price Index - Seattle Times

  Stupid economic indicator: Consumer Price IndexSeattle Times, United States - 1 hour ago... that the average consumer spends 42.7 percent of their income on housing costs (including insurance, utilities, furnishings, rent or mortgage, etc. ...
  2008-02-03 12:15:03

• Voting this Tuesday should be about issues, not personality - The Tennessean

  Voting this Tuesday should be about issues, not personalityThe Tennessean, TN - 1 hour agoThe recent mortgage and credit meltdown and looming (existing?) recession are foremost in voters' minds. But the president's say over the economy is limited ...
  2008-02-03 12:21:40

• MP couple defend trust scheme for flat - Chester Standard

  MP couple defend trust scheme for flatChester Standard,  United Kingdom - 1 hour ago... have claimed more than £165000 since paying off the mortgage on the Westminster apartment with the proceeds of a legacy and an insurance policy. ...
  2008-02-03 12:52:49

• Grim times shaping election - Toronto Star

  Grim times shaping electionToronto Star,  Canada - 29 minutes agoFerguson, who, along with his closely-knit family, has no heath insurance, recently lost his job as a factory groundskeeper because, he says, he had to take ...
  2008-02-03 01:31:04

• How to put (credit) freeze on - GoErie.com

  How to put (credit) freeze onGoErie.com, PA - 19 minutes agoWhen you're in the market for a mortgage or credit card, you can temporarily remove the freeze to let a creditor see your report. ...
  2008-02-03 01:40:34

• Undecided voters hold sway in primaries - Worcester Telegram

  Undecided voters hold sway in primariesWorcester Telegram, MA - 19 minutes agoBut the 22-year-old also argued that his economic stimulus proposal, along with his plan to reduce mortgage foreclosures and insurance rates for working ...
  2008-02-03 01:40:57

• Banking's veil of secrecy - Sarasota Herald-Tribune

  Banking's veil of secrecySarasota Herald-Tribune, FL - 17 minutes agoVickers agrees that relaxed lending standards led to the current subprime mortgage crisis, and that, as in the 1920s, a lot of innocent bystanders are being ...
  2008-02-03 01:42:28

• David Frum tries to save the Republican party - Ottawa Citizen

  David Frum tries to save the Republican partyOttawa Citizen,  Canada - 14 minutes agoFrom the invasion of Iraq to the subprime mortgage mess, from US budget woes to an illegal immigration fiasco, from a health insurance crisis to failed ...
  2008-02-03 01:45:46

• Some insurance policies are a waste of money - Daily Breeze

  Some insurance policies are a waste of moneyDaily Breeze, CA - 3 minutes agoMortgage. This policy would make payments on your mortgage if you become disabled or die. But so would your term life or disability insurance plans. ...
  2008-02-03 01:56:53

• People in Business (Winston-Salem Journal)

  ■ Mountain Valley Hospice and Palliative Care in Mount Airy named Mary Beth Wood the coordinator of its new "Transitions" program. The "Transitions" program serves people with life-limiting illnesses who may not be eligible for, or wish to enroll in, hospice, but who may benefit from volunteer support and community resources.
  2008-02-03 01:02:43

• Two new 2007 tax breaks help struggling homeowners / Deductions for insurance; relief with foreclosure (Addict 3D)

  In a year of bad mortgage news, there's a bright spot or two for homeowners: Foreclosure comes with a tax break, and 2007 mortgage insurance payments may be tax-deductible.
  2008-02-03 01:26:52

• A checklist: first things first (San Jose Mercury News)

  Bone up: Skim this tax guide and your tax instruction booklets to get a sense of what's new - and where potholes lie ahead.
  2008-02-03 01:34:13

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