Mortgage and Financial News From 2008-6-6 Page 14
Previous Day: 2008-06-05
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Portfolio (The Clarion-Ledger)
Comcast Corp. said Thursday that, by early 2010, it plans to offer consumers in most of its markets Internet service so fast, they will be able to download a high-definition movie in minutes.
2008-06-05 11:24:02 -
Trail of Bad Loans Leads to the Couple Next Door (NYTimes.com via Yahoo! Finance)
Creative financing led to a string of foreclosures for a Florida couple who had turned speculators.
2008-06-05 11:36:45 -
Indiana ranks among highest in delinquencies, foreclosures (The Indianapolis Star)
INDIANAPOLIS » Indiana's rates of home mortgage delinquencies and homes in foreclosure ranked in the second-highest grouping among all states in the first quarter, says the Mortgage Bankers Association. For serious delinquencies, Indiana ranked among states with a rate of 5.35 percent to 6.64 percent of all mortgages. For foreclosure inventories, Indiana had a rate of 3.4 percent to 4.3 percent. ...
2008-06-05 11:50:34 -
Japan financials' subprime losses $8 bln: regulator (Reuters via Yahoo! News)
Losses from investments tied to the U.S. subprime-mortgage market cost Japanese financial firms about $8 billion as of the end of March, Japan's financial regulator said on Friday, up 42 percent from December.
2008-06-06 12:08:44 -
Ochoa remains within range in LPGA major (Denver Post)
Four birdies on her flawless back nine during Thursday's first round of the McDonald's LPGA Championship gave Lorena Ochoa a 3-under-par 69, leaving her three shots behind Lorie Kane and Emily Bastel as she tries to become the fourth woman to win three consecutive majors.
2008-06-06 12:10:16 -
Big surge in foreclosures in Florida (Miami Herald)
Rapidly declining property values touched off a new wave of home-loan delinquencies in Florida during the first three months of the year and pushed 77,000 homeowners into foreclosure, a signal that turmoil in the housing market is far from over.
2008-06-06 12:13:48 -
Asian Stocks Advance After Oil Climbs, Yen Weakens; BHP Gains (Bloomberg.com)
June 6 (Bloomberg) -- Asian stocks advanced, led by oil producers and Japanese companies reliant on U.S. sales, after crude prices climbed the most in two months and the yen weakened to a three-month low against the dollar.
2008-06-06 12:21:27 -
DAILY DIGEST (San Francisco Chronicle)
American: Bag fee to affect 1 in 4 summer passengers American Airlines says its new $15 fee for a first checked bag will affect fewer than 1 in 4 customers this summer and won't lengthen lines at boarding gates. The carrier said Thursday that it's taking...
2008-06-06 12:26:19 -
On the cutting edge of medicine (The Citizen of Laconia)
By GEOFF CUNNINGHAM Jr. DR. ANTHONY SALERNI of Gilford's Orthopedic Professional Association explains 'lateral interbody fusion,' an innovative procedure that allows doctors to access the spine from a patient's side rather than through more invasive methods.
2008-06-06 12:27:29