Saturday, August 13, 2011

NYTimes: A Polarizing Polar Bear Investigation

From The New York Times:

EDITORIAL: A Polarizing Polar Bear Investigation

The validity of a government biologist's study of polar bears and global warming has been questioned. But this is really just a sideshow to the reality of climate change.

http://nyti.ms/qjt6YL


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Friday, August 12, 2011

Article: Mortgage Rates Fall Again, 30-year Near Record Low



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NYTimes: For Bank of America, Countrywide Bankruptcy Is Still an Option

From The New York Times:

DEALBOOK: For Bank of America, Countrywide Bankruptcy Is Still an Option

Mounting losses at Countrywide might overwhelm Bank of America. The best strategy, the Deal Professor says, would appear to be to throw Countrywide into bankruptcy.

http://nyti.ms/p9d1TJ


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NYTimes: Economic Crisis Will Leave Scars That Last for Years

From The New York Times:

WAY OF THE WORLD: Economic Crisis Will Leave Scars That Last for Years

Prolonged economic slowdowns make their mark not only through the pain they cause while we are in the middle of them; they have a permanent, and largely malignant, impact.

http://nyti.ms/rsGgHj


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Thursday, August 11, 2011

Article: United States homes got fewer foreclosure warnings in July | MLive.com


United States homes got fewer foreclosure warnings in July | MLive.com
http://www.mlive.com/news/us-world/index.ssf/2011/08/united_states_homes_got_fewer.html

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NYTimes: U.S. Seeks Ideas on Renting Out Foreclosed Property

From The New York Times:

U.S. Seeks Ideas on Renting Out Foreclosed Property

The Obama administration wants to turn properties into rentals to be sold in bulk or managed by someone else.

http://nyti.ms/q7QSSW


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Monday, August 8, 2011

NYTimes: Bank of America Shares Drop 20%

From The New York Times:

DEALBOOK: Bank of America Shares Drop 20%

Shares in the banking giant tumbled by 20.3 percent to $6.51 a share on Monday, renewing fears over its financial health.

http://nyti.ms/qi6YWY


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NYTimes: Second Recession in U.S. Could Be Worse Than First

From The New York Times:

Second Recession in U.S. Could Be Worse Than First

Policy makers exhausted their resources in the last recession and, in a weaker economy, would have few options the next time.

http://nyti.ms/qGKzeU


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NYTimes: A.I.G. to Sue Bank of America Over Mortgage Bonds

From The New York Times:

A.I.G. to Sue Bank of America Over Mortgage Bonds

The suit seeks to recover more than $10 billion in losses on mortgage-backed securities, claiming Bank of America and its affiliates misrepresented the quality of the underlying mortgages.

http://nyti.ms/qVcOV5


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Sunday, August 7, 2011

NYTimes: Co-Signing on the Dotted Line

From The New York Times:

MORTGAGES: Co-Signing on the Dotted Line

If the principal borrower defaults on the loan, the co-signer is on the hook.

http://nyti.ms/op0zzr


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NYTimes: Too Greedy to Fail

From The New York Times:

Too Greedy to Fail

Contributors to the financial collapse of 2008 emerge in Justin Cartwright's novel.

http://nyti.ms/pjXlgU


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NYTimes: Too Many Rules for Home Loans, or Too Few?

From The New York Times:

LETTERS: Too Many Rules for Home Loans, or Too Few?

Readers respond to "Some Bankers Never Learn" (Fair Game, July 31).

http://nyti.ms/nWQeY1


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