Investors await housing, spending data
“I don’t know how many tricks they still have up their sleeve”
Few investors expect this week’s readings on the housing market and personal spending to be especially strong. via Florida Times-Union
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Senate passes mortgage bill (Boston Globe) A bill that aims to help struggling homeowners caught up in the subprime mortgage mess is headed to Gov. M. Jodi Rell for her signature.read more...
Southern Nevada Economy: Housing slowdown felt locally Carpenter Sammy Hernandez works Tuesday atop a home being built in North Las Vegas.read more...
3 sentenced in Parish Marketing mortgage fraud Three key defendants in a mortgage fraud scheme involving approximately 200 residences and approximately $100 million in loan proceeds were sentenced Tuesday.read more...
Asia shockwave sinks futures Investors will be watching to see if economic readings on U.S. inflation and home building are enough to help stocks get over what was seen as a disappointing report from
Mortgage lenders ordered to pay $99 million in punitive damages (The Kansas City Star) A Jackson County jury Friday ordered three mortgage lenders to pay $99 million in punitive damages to Missouri residents who claimed they were charged illegal fees for second mortgages.read more...
Sears, Boeing show strength; Walgreens slips Blue-chip stock prices, as measured by the Dow Jones industrial average, eked out a small gain, as gasoline spurted to a six-month high and there were few signs that the
March 23rd, 2008
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