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Credit crunch: Banks grow tougher on mortgages - Sophia Echo
Bulgarian banks have started to more closely scrutinise mortgage loan applicants, showed a Dnevnik poll of credit consultants. Some lenders have squeezed funding to 60 per cent or 70 per cent of the cost of the property and only give 10 per cent more ...

Boomers keep real estate market healthy - Haliburton Echo
Toronto’s aging population will likely be the foundation for Haliburton County’s healthy real estate market over the next 10 years, brokers say. As the baby boomers reach their 60s and begin to ease into retirement or semi-retirement they will be ...

Freeze foreclosures and heat up jobs plan, spirited rally tells ... - Peoples Weekly World
CHICAGO – Dozens of labor and community activists rallied here in front of the Federal Building Nov. 21 urging Congress to put a freeze on home foreclosures and to bail out Main Street, not Wall Street, with a stimulus package that includes a ...

Commercial Mortgages With `Outlandish' Forecasts Roil Bonds - Bloomberg
Nov. 20 (Bloomberg) -- Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market. A $209 million loan made by JPMorgan Chase & Co. to finance the Westin La ...

Fed Funds Rate: Turning Japanese, I Really Think So - Seekingalpha.com
As most of you probably already know, with the "effective" Fed funds rate much closer to zero percent than to the one percent prescribed by the "target" short-term rate , the Federal Reserve has already edged closer than ever before to a dreaded ZIRP ...

Change We Don't Want to Believe In: Renaming Capitalism - Huffingtonpost.com
This financial fiasco has sent us scrambling, not just for the exit, but for definition of our condition. Think of our country as a giant scrabble board on which we are all trying desperately to find the winning word, a new word that ends in "ism ...

Dear Mr. President - Barron's Online
ROLL UP YOUR SLEEVES, MR. PRESIDENT-ELECT . America's financial crisis has become so dire that you must act now, not after the swearing-in ceremony on Jan. 20. Don't worry; there still will be plenty of restoration work remaining after the inaugural ...

The market's down, but not my house - Boston Globe
The real estate market may be tanking and values plunging. But hey, don’t look at me. My home is actually gaining value! That seems to be the attitude of a surprisingly large number of homeowners amid the current downturn, a recent AP story found ...

Are we going to see the creation of a nationalised national bank to ... - bbc
I ask the question because first David Cameron and then Nick Clegg raised the idea of the government directly lending to businesses that probably can't get the credit they need to stay in business. Noticeably Gordon Brown didn't seem to knock the ...

Show your support. - Huffingtonpost.com
On Friday, Governor Palin spoke in Pittsburgh about children with cognitive disabilities. This was her long-awaited " serious policy speech " about matters that touch her personally. As a caregiver myself, I wish her and her family the best. I'm sure ...