Mortgage and Financial News From 2008-2-8 Page 50

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• NAR Hails Passage of Economic Stimulus Package to Help Jumpstart ... - Earthtimes

  NAR Hails Passage of Economic Stimulus Package to Help Jumpstart ...Earthtimes, UK - 21 minutes agoIncreasing FHA loan limits will help an additional 138000 Americans achieve the dream of homeownership and will allow nearly 200000 homeowners to refinance ...
  2008-02-08 07:38:55

• Attacked Ohio teacher had restraining order against husband (Detroit Free Press)

  PORTSMOUTH, Ohio — Christi Layne was terrified of her husband, court records and her attorney say. After she moved out, she got a restraining order against him and had an alarm system installed.
  2008-02-08 07:43:35

• 4 generations of same Kentucky family are killed or injured by Southern storms (Detroit Free Press)

  SCOTTSVILLE, Ky. -- Moments after a tornado leveled the rural homes where four generations of a family lived side by side, a farmer heard his friend and neighbor's faint screams.
  2008-02-08 07:43:46

• Euro Heads for Biggest Weekly Loss in 2 1/2 Years Versus Dollar (Bloomberg.com)

  Feb. 8 (Bloomberg) -- The euro headed for its biggest weekly decline against the dollar since August 2005 as expectations increased that the European Central Bank will be forced to cut interest rates to counter a slowing economy.
  2008-02-08 07:44:02

• The Real Reason Why the Fed is Panicking and Why Wall Street is so Nervous (PR Newswire via Yahoo! Finance)

  The wild swings on Wall Street are becoming increasingly wild and more frequent. The fallout from the sub- prime crisis and slowdown in the economy increase the chances of a genuine economic nightmare.
  2008-02-08 07:47:00

• Water, sewer costs to rise in Berkeley County (The Post and Courier)

  Berkeley County residents will have to pay more for water and sewer because County Council refinanced a loan in 2006 with an adjustable interest rate that shot up dramatically in recent weeks, Supervisor Dan Davis said.
  2008-02-07 09:43:24

• Paulson Pushes for G-7 Fiscal Stimulus, Germany Balks (Update3) (Bloomberg.com)

  Feb. 8 (Bloomberg) -- Finance officials from the Group of Seven industrial nations are at odds over the best remedy for a world economy rocked by the fallout from the U.S. credit crisis.
  2008-02-08 07:47:54

• Study: Mortgage servicers fall short (The Columbus Dispatch)

  Seven out of 10 homeowners who were seriously delinquent on their loans in October got no help from their loan servicers, according to a report yesterday from Ohio Attorney General Marc Dann and others.
  2008-02-08 12:29:06

• G7 to weigh global response to credit crisis (Interactive Investor)

  Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
  2008-02-08 07:49:45

• Housing starts rise in January (Investment Executive)

  A rise in housing starts in January provides further indication that Canada's housing market is holding firm as its counterpart south of the border crumbles.
  2008-02-08 07:53:19

• Bill Would Cap Payday Loan Interest Rates At 36% (CBS4 Denver)

  State lawmakers are considering a proposal to limit what payday lenders can charge their customers and stop people from being able to get multiple short-term loans.
  2008-02-08 07:54:04

• AP Executive Morning Briefing (The San Francisco Examiner)

  PARIS (AP) - French police had a second trader in custody Friday in their probe of trades that led to massive losses at bank Societe Generale, respected daily Le Monde reported. Police were unavailable to immediately confirm the report that they were questioning the trader.
  2008-02-08 03:52:10

• BorgWarner trading dips despite news of record profits (Detroit Free Press)

  Shares of Auburn Hills-based BorgWarner Inc. started the trading day slightly lower, the morning after it announced record profits and earnings for 2007.
  2008-02-08 07:58:30

• How the Big Squeeze is going to affect you (The Australian)

  The Reserve bank is using interest rates to slow our overheated economy - and it will have far-reaching effects for all of us
  2008-02-08 05:00:00

• Appeals court strikes down Bush's relaxed emissions policy (Detroit Free Press)

  WASHINGTON — A federal appeals court struck down a Bush administration policy exempting power plants from certain environmental regulations. The court said the policy was unlawful.
  2008-02-08 07:58:40

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