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Hitting Home: Homeowners fight for mortgage rights (USA Today)
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Eunice Anderson, 48, a medical insurance auditor, says she was unable to or negotiate a relief plan her lender, Countrywide Financial. Facing foreclosure, she filed a Chapter 13 bankruptcy petition that let her keep her home she paid more than $11,000 debt
Home prices spiral deepening abyss (WDAM-TV Hattiesburg)
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The housing crisis entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% April from a year earlier
The Housing Abyss (BusinessWeek Online via Yahoo! News)
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The housing crisis entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% April from a year earlier. Adjusted for inflation, the decline the biggest 1940-42, according to data collected by Yale University economist Robert Shiller
Falling Home Prices Spiral Into Deepening Abyss (WTOL 11 Toledo)
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Housing prices have declined 15 percent the last year, but the worst may be yet to come as forces battering the market gain strength. And the remedy coming from Congress is likely to fall short of the mark
FAST TRACK TO BANKRUPTCY (Las Vegas Business Press)
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Two years ago, most of Las Vegas was bingeing on real estate, Joseph Hules had already started to feel the hangover
State bankruptcies at highest rate 6 months (Honolulu Advertiser)
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Bankruptcy filings rose at the fastest pace six months May, as people fell behind on credit card, mortgage and other payments
SMIC eyes fixed-rate bond issue (Philippine Star via Yahoo! Philippines News)
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SM Investments Corp. (SMIC), the listed holding firm of the family of retail tycoon Henry Sy, planning to tap the debt market the issuance of fixed-rate bonds to existing debt and fund working capital requirements
ECB raises rates quarter point (AP via Yahoo! News)
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The European Central Bank has raised interest rates for the first time more than a year to combat escalating inflation the 15 countries that use the euro
Office market sees rent growth evaporating (Reuters via Yahoo! News)
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U.S. office rent growth stalled the second quarter and vacancies crept up, a trend that could portend rising loan defaults the commercial real estate market, according to a report by real estate research firm Reis
ECB expected to raise interest rates (AP via Yahoo! News)
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Analysts widely expect the European Central Bank to raise main interest rate Thursday for the first time a year an effort to rein escalating inflation, but whether such a move help or hurt question
Fitch Rates Johns Hopkins University (Maryland) Revs 'AA+' (Centre Daily Times)
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Fitch assigns an 'AA+' rating to approximately $132,640,000 of fixed-rate revenue bonds and an 'AA+/F1+' to approximately $125,855,000 of variable rate revenue bonds issued by Maryland Health and Higher Education Facilities Authority on behalf of Johns Hopkins University (JHU). The series 2008A bonds are expected to price on or about July 23, 2008, the series 2008B bonds are expected to ..
Bad Times Become Good For Consultant Of Troubled Businesses (Investor's Busin
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For FTI Consulting, good times are fine. But bad times are better
State senate race to see Republican hopeful (Billerica Minuteman)
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While the Arlington Democratic challengers prepare to face off the State Senate primary, Billerica Republican Brion Cangiamila, 46, hopes to face the winner the general election fall
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