Mortgage and Financial News From 2008-8-16 Page 01

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• Landing a Business Loan After a Bankruptcy - BusinessWeek

  —R.S.M., Woodbridge, N.J. It's tough for entrepreneurs to get startup capital (BusinessWeek.com, 2/1/08) for a business purchase, even without a recent bankruptcy on their records. If you own a home and have some equity, you may have better luck ...
  2008-08-12 05:53:00

• It's last orders for short-sellers if bosses get their way - Daily Telegraph

  Rob Templeman is a man on a mission. While Debenhams' chief executive might have chosen to spend the summer indulging his passion for jet skis, he has opted for a less salubrious option. The past few months have seen Templeman touring the City ...
  2008-08-16 05:48:00

• Housing Starts Probably Slumped in July: U.S. Economy Preview - Bloomberg

  Aug. 17 (Bloomberg) -- U.S. builders began work in July on the fewest houses in 17 years and the economic outlook dimmed, indicating the real-estate slump is at the epicenter of the growth slowdown, economists said before reports this week. Housing ...
  2008-08-16 09:02:00

• Borrowers beware: It's up to you to take a close look at your loan documents (The Standard-Times)

  A little-known provision in the Housing and Economic Recovery Act, signed into law by President Bush recently, is supposed to help home buyers understand how much debt they are taking on.
  2008-08-16 10:08:08

• Students working harder to find loans, experts say (The Standard-Times)

  As lenders drop out of the education loan market in response to the credit crunch and lack of profitability, finding the money for college is going to be tougher this year, financial aid officials say.
  2008-08-16 10:08:57

• Viral credit crisis has a few fresh victims remaining (Pioneer Press)

  With U.S. stocks and the dollar on the upswing and commodities heading south, hope springs eternal that the worst of the credit crisis may be behind us.
  2008-08-16 10:27:28

• The crisis began with housing, and that's where it will end (Pioneer Press)

  Back to the bunker. That was the message after J.P. Morgan Chase warned of $1.5 billion in mortgage-related losses in the still-nascent third
  2008-08-16 10:27:40

• House seekers to spar over hot topics (Wyoming Tribune-Eagle)

  Domestic energy production and tax cuts key for Republican candidates. CHEYENNE -- Michael Holland would fight to do away with the Federal Reserve if he is elected as Wyoming's lone representative in U.S. House.
  2008-08-16 10:30:49

• Builders hit by credit crunch as banks tighten cash flow (Houston Chronicle)

  Nick Massad was within weeks of signing the papers on a construction loan to build a $55 million Embassy Suites near downtown's Discovery Green park when the deal began to unravel.
  2008-08-16 10:51:41

• Paying for college (The News & Observer)

  RESEARCH TOPIC: Where to go for a loan.
  2008-08-16 10:52:25

• San Bernardino foreclosure workshop draws hundreds (The Press-Enterprise)

  SAN BERNARDINO - Homeownership may be a key element of the American dream, but for many in this era of rampant foreclosures it has devolved into the national nightmare.
  2008-08-16 11:07:07

• How to Find a Home in Today's Market - Digital Journal

  As housing costs soars along with energy costs, maybe it's time to think about better ways to acquire a home into today's housing market. Over three years ago, Visnu Gonzalez was manning a machine gun in Fallujah as a Corporal in the United States ...
  2008-08-14 02:59:00

• (Past 2 Days) - Nolanchart.com

  (Libertarian) "It is easy to ignore the storm if you look at the opposite horizon. When the storm reaches your location there can be no more ignorance." I hate to tell you, but the storm has reached your location and it is a Category 5 hurricane. The ...
  2008-08-14 09:01:00

• Arcade Robbery Ends In Shootout, Leaving Manager And Suspect Dead (WFTV 9 Orlando)

  Miami-Dade police are searching for two gunmen after a shooting at an arcade left the manager dead. Police say Corey Robinson shot and killed the third man in the group of would-be robbers Friday, but was fatally injured in the process. The 25-year-old died at a local hospital.
  2008-08-16 05:57:39

• Water Main Breaks, Closes Highway Ramp (Eyewitness News 3 Hartford)

  A water main break leaves a ramp onto Route 91 closed due to flooding, police say.
  2008-08-16 06:20:19

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