Mortgage and Financial News From 2008-8-2 Page 15
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Rebates helped economy in second quarter (Reno Gazette-Journal)
WASHINGTON (AP) -- The prospects for a quick economic recovery dimmed Thursday, with new data showing the economy grew at a slower-than-expected rate this spring despite some lift from tax rebates.
2008-08-02 01:49:23 -
Jobless rate climbs as 51,000 jobs vanish (The Monterey County Herald)
WASHINGTON — Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate in four years and adding to the evidence an economic recovery remains far off.
2008-08-02 01:54:30 -
Official keeps distance from project (New Haven Register)
ANSONIA - The city must retain an outside engineer to advise land-use boards on a Shortell Drive development proposal after the city's engineer recused himself to avoid a possible conflict of interest.
2008-08-02 01:59:32 -
Trans fat hero now plastic bag advocate zMake %SpaceReduction minus70 (The Monterey County Herald)
Stephen Joseph, a native of England and former Washington D.C. lobbyist, has segued from his role as the scourge of trans fat to the champion of plastic bags.
2008-08-02 02:01:01 -
First Priority Bank in Bradenton, Fla., closes - MSN MoneyCentral
NEW YORK (AP) - The Federal Deposit Insurance Corp. says it has taken control of the First Priority Bank of Bradenton, Fla. First Priority is the eighth U.S. bank to fail this year in the aftermath of the mortgage crisis. Last month, California ...
2008-08-01 03:43:00 -
Home Defaults Outpace Recoveries as Banks Try to Help (Update1) - Bloomberg
July 31 (Bloomberg) -- U.S. homeowners who defaulted last month outnumbered those who caught up on payments, signaling the housing recession deepened even as Bank of America Corp., Wells Fargo & Co. and other lenders sought to help borrowers. In June ...
2008-07-31 10:08:00 -
Union Bankshares Corporation Declares Cash Dividend - Forbes
Union Bankshares Corporation is one of the largest community banking organizations based in Virginia, providing full service banking to the Northern, Central, Rappahannock, Tidewater and Northern Neck regions of Virginia through its bank subsidiaries ...
2008-08-01 01:41:00 -
IndyMac Bancorp files for Chapter 7 bankruptcy - San Diego Union-Tribune
NEW YORK – IndyMac Bancorp Inc., former holding company of the California mortgage lender seized last month by the Federal Deposit Insurance Corp., has filed for Chapter 7 bankruptcy protection. Chapter 7 means the business is untenable and will be ...
2008-08-01 02:03:00
