Mortgage and Financial News From 2008-4-16 Page 2

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• Housing bailout: Helping hand or handout? (USA Today)

  Should taxpayers in Vermont be asked to bail out home buyers in Nevada? The answer now taking shape in Washington appears to be, "Yes."
  2008-04-16 07:39:22

• Letters: Sustainable agriculture (Independent)

  Sir: As an (organic) beef farmer, I was obviously intrigued by the Big Question concerning possible changes in our diet to resolve the global food crisis (16 April).
  2008-04-16 04:24:03

• Letters: Not a meltdown but a welcome correction (Guardian Unlimited)

  Letters: Will Hutton's article on the threatened collapse in house prices nearly convinces in its argument as to why intervention is now required in the credit markets
  2008-04-16 04:29:08

• Uranium Update (GoldSeek.com)

  This article continues the discussion on the current financial turmoil. This is part of my series “What Caused Home Mortgage Products To Go Out of Control?”
  2008-04-16 04:35:54

• Commerce Department reports retail sales edged up 0.2 percent in March; Testosterone seems able to boost short-term ... (Austin American-Statesman)

  U.S. ECONOMY
  2008-04-16 04:52:06

• Mutual Funds: Hang on Tight and Enjoy the Ride (WFMJ Youngstown)

  If you feel as though your investment portfolio is in a free fall and now is time to pull the rip cord, you've got plenty of company. Not many mutual-fund investors were able to remain aloft during the first quarter's stock-market plunge.
  2008-04-16 05:09:26

• WaMu directors survive attempt to oust them (MSNBC)

  Washington Mutual Inc. shareholders re-elected its entire board, despite efforts by some groups to oust the directors responsible for managing the thrift's exposure to risky subprime mortgages.
  2008-04-16 05:38:35

• A Loss and a Shake-up at Washington Mutual (NYTimes.com via Yahoo! Finance)

  The country’s largest savings and loan said it was hit by mounting credit losses as more mortgage borrowers fell behind on payments.
  2008-04-16 05:40:02

• Wall Street Winners Get Billion-Dollar Paydays (NYTimes.com via Yahoo! Finance)

  Hedge fund managers are making money on a scale that once seemed unimaginable, even on Wall Street.
  2008-04-16 05:40:06

• Reassuring Results From JPMorgan Help Drive Market (NYTimes.com via Yahoo! Finance)

  JPMorgan reported a drop in earnings of 50 percent in the first quarter, but beat Wall Street’s expectations.
  2008-04-16 05:40:32

• Free Reverse Mortgage Seminar (Vernal Express)

  Mountain America Credit Union is hosting a free seminar about Reverse Mortgages. Come learn the ins and outs of this unique mortgage that pays you, instead of you paying for it. The public is invited to attend and asked to RSVP to 800-530-3690 by April 15.
  2008-04-16 08:53:00

• Classed Offered to Potential Homebuyers (Brigham Young NewsNet)

  With increasing foreclosures and real estate scandals making headlines across the nation, first-time homebuyers may be intimidated by the prospect of signing for a home.
  2008-04-16 11:41:11

• Mortgage fraud investigations surge (The Arizona Republic)

  FBI diverts agents to handle growing case load.
  2008-04-16 02:46:20

• FBI sees surge in mortgage fraud investigations (San Jose Mercury News)

  WASHINGTON - FBI Director Robert Mueller today described a "tremendous surge" in mortgage fraud investigations that he said has diverted agents from other cases and is expected to keep growing.
  2008-04-16 03:05:28

• Nortek annual sales rise 6.9% to $2.4 billion (Providence Business News)

  COURTESY NORTEK INC.
  2008-04-16 11:22:29

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