Archive for August, 2008

Chattanooga: Real Estate Roundup (Chattanooga Times Free Press)

Sunday, August 31st, 2008

The Chattanooga Association of Realtors will meet on Wednesday.
Source:Chattanooga: Real Estate Roundup (Chattanooga Times Free Press)

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Phony deal, mortgage fraud (Springfield News-Sun)

Sunday, August 31st, 2008

It took a little while, but a few months after Patrick Beckel put his house on the market in 2006, someone bought it. Or at least he thought someone did.
Source:Phony deal, mortgage fraud (Springfield News-Sun)

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S&P Cuts Ratings On $13.4 Billion Of RMBS Deals From 2006 (Nasdaq)

Sunday, August 31st, 2008

Standard & Poor’s cut its ratings on $13.4 billion of residential mortgage- backed securities transactions backed by U.S. subprime mortgage loan collateral issued in 2006 because of mounting losses.
Source:S&P Cuts Ratings On $13.4 Billion Of RMBS Deals From 2006 (Nasdaq)

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Free markets still beat alternatives (Knoxville News Sentinel)

Sunday, August 31st, 2008

In suggesting that a housing and mortgage market built on free-market principles was “a false idol after all,” a recent New York Times article examined what it called the dominant idea guiding U.S. economic policy for a quarter-century: that the free market is unfailingly wise.
Source:Free markets still beat alternatives (Knoxville News Sentinel)

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Sound advice has to be sounded out (The Scotsman: Business)

Sunday, August 31st, 2008

IN TIMES like this, good financial advice can come into its own. Thanks to the credit crunch and the woes of the global economy, households across Scotland are struggling with
Source:Sound advice has to be sounded out (The Scotsman: Business)

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