Mortgage and Financial News From 2008-2-16

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  • M&A will remain high in '08 and shouldn't be feared since Canada ... - AOL Canada

    M&A will remain high in '08 and shouldn't be feared since Canada ...AOL Canada, Canada - 1 hour ago"In the absence of any major 'new find', companies will need to merge in order to grow and manage future production levels." Desjardins pegs Alcoa and Teck ...
    2008-02-16 01:28:08
  • S&P downgrades ACA Financial to non-investment grade "CCC" rating - AOL Canada

    S&P downgrades ACA Financial to non-investment grade "CCC" ratingAOL Canada, Canada - 1 hour agoThe new strain on civic funding comes at the same time that plummeting home sales and values and rising mortgage defaults threaten to drain local coffers of ...
    2008-02-16 01:28:15
  • Sprinkler systems a hot topic - Toronto Star

    Sprinkler systems a hot topicToronto Star,  Canada - 1 hour agoA study by the Canada Mortgage and Housing Corp. found that sprinklers cost $38 million for each life saved. The study also found other life-saving devices ...
    2008-02-16 01:32:08
  • Home sellers warp time - Las Vegas Review - Journal

    Home sellers warp timeLas Vegas Review - Journal, NV - 1 hour agoSome tours bring lenders and title-company representatives along to discuss mortgage terms for interested buyers. The tours are free. ...
    2008-02-16 02:08:29
  • Rates rise amid market turmoil - Las Vegas Review - Journal

    Rates rise amid market turmoilLas Vegas Review - Journal, NV - 1 hour agoThis week, the federal government and the six largest mortgage servicing companies got together to announce the formation of something called Project ...
    2008-02-16 02:08:30
  • Father used sports to help - Joliet Herald News

    Father used sports to helpJoliet Herald News, IL - 1 hour agoHe actually took out a second mortgage on the house to help finance the equipment for the league. He's lucky my mom didn't find out. ...
    2008-02-16 02:08:38
  • Reuters Politics Summary - Washington Post

    Reuters Politics SummaryWashington Post, United States - 1 hour agoIn another instance of fallout from the crisis in the mortgage market, the lawmakers appealed to Treasury Secretary Henry Paulson and Education Secretary ...
    2008-02-16 02:12:13
  • Lackluster Reports Leave Stocks Mixed - The Associated Press

    Lackluster Reports Leave Stocks MixedThe Associated Press - 41 minutes agoThe uncertainty lapping at Wall Street is due in part to the opaque nature of subprime mortgage debt. Many of these loans, which are now going bad, ...
    2008-02-16 02:40:51
  • Dr. Alan Greenspan Speaks at CERAWeek 2008 on Recession, Credit ... - Centre Daily Times

    Dr. Alan Greenspan Speaks at CERAWeek 2008 on Recession, Credit ...Centre Daily Times, PA - 27 minutes ago"The break in the credit cycle began with the huge surge in sub-prime mortgage originations" which accounted for 20 percent of home sales in 2005 and 2006, ...
    2008-02-16 02:54:12
  • Paisley Jnr's constituency office had link to Sweeney - Belfast Telegraph

    Paisley Jnr's constituency office had link to SweeneyBelfast Telegraph, United Kingdom - 20 minutes agoThey further state that Sarcon (no 250) obtained a mortgage from the Bank of Ireland for 9-11 Church Street, Ballymena in July 2007. ...
    2008-02-16 03:01:31
  • Lodging industry outlook good - Portsmouth Herald News

    Lodging industry outlook goodPortsmouth Herald News, NH - 13 minutes agoAs late as the fourth quarter, developers hoped that the residential real estate mortgage and lending crisis would soon be resolved and not seriously ...
    2008-02-16 03:08:41
  • Lackluster Reports Leave Stocks Mixed (San Francisco Chronicle)

    Stocks finished mixed as lackluster economic reports offered Wall Street little incentive to place big bets ahead of a long weekend. Disappointing data on manufacturing, consumer confidence and import prices reminded investors on Friday that the...
    2008-02-16 03:05:20
  • Economy weighs down stocks (Contra Costa Times)

    NEW YORK -- Stocks finished mixed as lackluster economic reports offered Wall Street little incentive to place big bets ahead of a long weekend. Disappointing data on manufacturing, consumer confidence and import prices reminded investors Friday that the economy is struggling.
    2008-02-16 03:13:24
  • Court: NY To Recognize Gay Marriage (R News)

    Same-sex marriage advocates believe they have their breakthrough. It comes in a ruling from an appellate division court in Rochester. It found same sex-marriages recognized outside of New York must be legally recognized in our state.
    2008-02-16 03:13:37
  • Disappointment on wall Street (Portsmouth Herald)

    NEW YORK (AP) — Stocks finished mixed as lackluster economic reports offered Wall Street little incentive to place big bets ahead of a long weekend. Disappointing data on manufacturing, consumer confidence and import prices reminded investors on...
    2008-02-16 03:14:55