Friday, July 29, 2011

NYTimes: Recovery Still Slow as New Data Show Little Growth

From The New York Times:

Recovery Still Slow as New Data Show Little Growth

The 1.3 percent annual rate of growth for the U.S. economy was well below expectations, and revised data showed that the recession was worse than initially estimated.

http://nyti.ms/qnbxOK


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New Albany Realtor Paul Kiger breaks mold, makes sales | The Courier-Journal | courier-journal.com

http://www.courier-journal.com/article/20110728/COLUMNISTS06/307290007/New-Albany-Realtor-Paul-Kiger-breaks-mold-makes-sales


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Article: Home Sales Contracts Rise, But Market Still Weak : NPR



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Article: Federal short-sale program slow to move, prone to breakdown



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Article: Family on verge of homelessness after Bank of America denies loan in 11th hour | MLive.com



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NYTimes: A Recovery That Repeats Its Painful Precedents

From The New York Times:

ECONOMIC MEMO: A Recovery That Repeats Its Painful Precedents

Like recoveries from other recessions that stemmed from financial crises, this one seems doomed to be slow and painful.

http://nyti.ms/pJ3Bwx


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Thursday, July 28, 2011

NYTimes: Considering Money Transfers in Calculating Credit Scores

From The New York Times:

BUCKS BLOG: Considering Money Transfers in Calculating Credit Scores

The new Consumer Financial Protection Bureau is studying whether money transfers can help build credit scores.

http://nyti.ms/oWsEof


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Who gets tax credit for purchase of new home? - chicagotribune.com

http://www.chicagotribune.com/classified/realestate/ct-home-0722-benny-kass-20110722,0,5485443.column


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Home prices, new-home sales show continued weakness - USATODAY.com

http://www.usatoday.com/money/perfi/housing/2011-07-26-home-prices_n.htm


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Article: FHA Mortgage Lending Plunges As Housing Values Decline | FHA Mortgage


FHA Mortgage Lending Plunges As Housing Values Decline | FHA Mortgage
http://fhamortgagemag.com/2011/07/fha-mortgage-lending-plunges-as-housing-values-decline/

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NYTimes: Fed Survey Documents Worsening Economy

From The New York Times:

Fed Survey Documents Worsening Economy

The beige book survey said seven of 12 regions in the United States saw slower growth in June and early July.

http://nyti.ms/nGZf68


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NYTimes: Once Unthinkable, Breakup of Big Banks Now Seems Feasible

From The New York Times:

DEALBOOK: Once Unthinkable, Breakup of Big Banks Now Seems Feasible

Bank stocks have been persistently weak, and the logical solution is that they shed business lines in a bid to improve their prospects in the eyes of Wall Street.

http://nyti.ms/oHtzkf


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Tuesday, July 26, 2011

Article: Mortgages for dummies David Weidner's Writing on the Wall - MarketWatch



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NYTimes: This Is Considered Punishment?

From The New York Times:

OP-ED COLUMNIST: This Is Considered Punishment?

Wells Fargo gets a wrist slap from the Federal Reserve, and the federal government still won't prosecute financial wrongdoers.

http://nyti.ms/p5aAeE


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NYTimes: To the People Who Haven't Saved Anything Yet

From The New York Times:

BUCKS BLOG: To the People Who Haven't Saved Anything Yet

Plenty of people wake up at 40 having saved nothing or having spent their savings because of lack of discipline or economic necessity.

http://nyti.ms/qBixlr


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Monday, July 25, 2011

Real-Estate: Sellers—To Gain an Edge over Foreclosures, Do the Little Things - Oakdale, MN Patch



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NYTimes: Sorting Through Lending Costs

From The New York Times:

MORTGAGES: Sorting Through Lending Costs

The Consumer Financial Protection Bureau has opened for business, and one of its first tasks may be to combine the Good Faith Estimate and Truth in Lending forms.

http://nyti.ms/nRFo6z


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NYTimes: Consumers vs. the Banks

The new Consumer Financial Protection Bureau will need strong support from the White House in order to tackle crucial issues.

http://nyti.ms/oeUHcF


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