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Corporate Bond Prices Give Big Picture  Given Wall Street's hair-trigger propensity for punishing a company's stock for bad news - and over-inflating the price for good news - it's become harder to use share price as


2006 mortgage conforming limit rises to $417,000 (Bankrate.com via Yahoo! Finance)   Reflecting a national increase in housing values, mortgage financiers sharply raised the dividing line between conforming and more-expensive jumbo mortgages.read more...


Macquarie scales back mortgage business (ABC via Yahoo!7 News)  The global credit market shake-out has prompted Macquarie Bank to announce a significant scaling back of its mortgage business.read more...


Latinos and Blacks Paying Higher Interest Rates  Semms that race does matter when it comes to subprime mortgage interest rates. Acording to an article in last week's New York Times , a recent study by an advocacy


U.S. Widening Not Part of DOT's 5-Year Plan  read more...


Middle Line Project Moves Into Next Phase  After settling key questions about the Middle Line Road project at a special town meeting Monday, the town of Chilmark now must sort through a number of financial and regulatory

January 31st, 2006

Boy Scouts Weigh Merits Of Unloading Real Estate

With scouting groups facing lean coffers and declining membership, many councils are considering cashing in on skyrocketing property values by selling their campgrounds.

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January 31st, 2006

Lenders Try to Keep Mortgage Boom Alive

Banks have changed course targeting borrowers with adjustable-rate home loans and encouraging them to refinance into fixed-rate ones.

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January 31st, 2006

Tucson’s Rising Home Costs Outpace Household Incomes

The area has managed to retain its small-town charm but its high housing prices resemble those of a big city. The metro’s median price tags have nearly doubled since 2002.

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January 31st, 2006

Couple’s dream turned to nightmare

It was their dream. On 40 acres of rolling farmland in southwest Johnson County, Robin Walker and her longtime boyfriend, Danny Joe Hill, planned to build a house, raise miniature horses and invite others to …

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January 31st, 2006

Saving zero, borrowing more

WASHINGTON - Americans are spending everything they’re making and more, pushing the national savings rate to the lowest point since the Great Depression.

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January 31st, 2006

Pending real estate sales slide (Reg Req’d)

Pending real estate sales slide National index down for fourth consecutive month A National Association of Realtors index based on pending sales of existing homes dipped 5.5 percent in December compared to …

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January 31st, 2006

Fed Raises Rates; Another Hike Possible

After 19 months of raising interest rates, it could be one more and done for the Federal Reserve.

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January 31st, 2006

Greenspan legacy far from certain

No man’s reputation is safe at his retirement, and so it is with Alan Greenspan’s. History’s verdict will await subsequent events that reveal the long-term consequences of his 18 years as chairman of the …

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January 31st, 2006

Saving rate lowest in U.S. since Depression

WASHINGTON - Americans spent more than they made last year – something they haven’t done since the Great Depression, a time of massive unemployment and soup lines.

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January 31st, 2006

Fitch Rates $982.2MM Citigroup Mortgage Loan Trust, 2006-WMC1 (FinanzNachrichten)

::? Fitch Rates $982.2MM Citigroup Mortgage Loan Trust, 2006-WMC1?:: Fitch has rated the Citigroup Mortgage Loan Trust Inc. asset-backed pass-through certificates, series 2006-WMC1, which closed on Jan. 31, 2006, as follows: —$273,897,000 privately …

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