Some good stuff I found. Hope that you enjoy it.
Top Stories
<http://money.cnn.com/2008/02/08/news/economy/yellen_speech/index.htm?postversion=2008020809> Fed official: No recession - CNN Money - - VideoMore video As disappointing economic numbers rattle Wall Street and recession looms, the Fed may cut rates again to stave off a downturn. Play video
<http://money.cnn.com/2008/02/11/real_estate/countrywide.ap/index.htm?section=money_latest> Countrywide expands scope of mortgage help - CNN - - LOS ANGELES (AP) -- Countrywide Financial says it will expand programs to help borrowers manage their mortgage payments regardless of the type of subprime loan they have or whether they have already fallen behind on payments. Full details of the initiat..
<http://www.usatoday.com/money/markets/2008-02-11-stocks-mon_N.htm?csp=34> Stocks sag with no big news to drive them - USA Today - - then headed lower, following a steep slide last week. With little in the way of economic news slated to arrive Monday, investors examined quarterly results from Hasbro for insights into the health of consumer spending. The toy maker posted a 24% increas...
<http://www.businessweek.com/ap/financialnews/D8ULHRG85.htm?campaign_id=rss_lifestyle> Pending Homes Sales Fall in January - Business Week - - Industry data released Thursday show pending U.S. home sales fell 1.5 percent in December to the second-lowest reading on record, another indication that the housing market is worsening. The National Association of Realtors said its seasonally adjusted.
Market News
<http://www.marketwatch.com/news/story/story.aspx?guid=%7BB11D215B%2DD9F9%2D450F%2D83B2%2D71B2D9153728%7D&siteid=rss> Real Estate Weekly -- Feb. 8 - MarketWatch - - Extract not available. <http://www.realestatejournal.com/buysell/markettrends/20080207-bater.html>
<http://www.forbes.com/afxnewslimited/feeds/afx/2008/02/11/afx4637679.html> Old Republic's outlook cut to negative - Moody's - Forbes.com - - AFX News Limited BANGALORE (Thomson Financial) - Moody's Investors Service said it cut its outlook on Old Republic International Corp to negative from stable, reflecting financial stress at its mortgage insurance unit, Republic Mortgage Insurance Co. Mo.. <http://www.realestatejournal.com/buysell/markettrends/20080207-bater.html>
<http://www.realtor.org/press_room/news_releases/2008/nar_hails_passage_of_stimulus_package.html> NAR Hails Passage of Economic Stimulus Package to Help Jumpstart Housing Market - REALTOR Magazine - - Mary Trupo, 202/383-1007, mtrupo@realtors.org WASHINGTON, February 08, 2008 - The National Association of Realtors congratulated the U.S. Congress for quickly passing a national economic stimulus package and thanked President George W. Bush for his l.. <http://www.realestatejournal.com/buysell/markettrends/20080207-bater.html>
Home-Sale Weakness Likely to Continue - Real Estate Journal - - By Jeff Bater and Maya Jackson Randall From Online A forward-looking indicator of existing-home sales fell in December, signaling more softness ahead for the housing market. Meanwhile, the number of U.S. workers filing new claims for unemployment benef...
<http://www.washingtonpost.com/wp-dyn/content/article/2008/02/08/AR2008020801944.html?nav=rss_opinion/columns> Lawsuit Takes Aim At 'Junk' Fees - Washington Post - - Just about anybody who has bought a home or taken out a mortgage in the past five years has run into them in some form: mysterious fees charged by real estate brokers, lenders, builders and title agents -- 'admin,' 'processing,' 'doc-prep' and 'regulato...
<http://www.marketwatch.com/news/story/lawsuit-claims-kb-home-countrywide/story.aspx?guid={14A0DC4F-7F3D-49ED-9D1C-67CEE8B09C73}&siteid=moren> Lawsuit claims KB home, Countrywide inflated home prices - MarketWatch - - LOS ANGELES (AP) -- Two California couples are suing KB Home (KB) and mortgage lender Countrywide Financial Corp. (CFC: CFC News, chart, profile, more Last: Delayed quote data Add to portfolio Analyst Create alert Insider Discuss Financials Sponsored b...
Technology News
<http://www.pcmag.com/article2/0,2817,2257458,00.asp> <http://www.forbes.com/businesswire/feeds/businesswire/2008/02/11/businesswire20080211005204r1.html> ServiceLink Improves Appraisal Process by Incorporating Vision (SM) Computer Telephony Integration Technology - Forbes.com - - Pittsburgh-based ServiceLink, a leading provider of origination and default services and the national mortgage services platform of Fidelity National Financial (NYSE:FNF) improves appraisal appointment and delivery time using Vision(SM) computer teleph.. <http://www.pcmag.com/article2/0,2817,2257458,00.asp>
More Using Foreclosure Sites to Prey on Debtors - PC Magazine - - NEW YORK (Reuters) - Foreclosures were once the turf of the most aggressive investors, but these days ordinary home buyers can hunt for fire-sale house prices on a wealth of Internet sites. Large real estate sites such as PropertyShark.com and RealtyTra..
<http://www.realtor.org/rmomag.nsf/pages/Feat1200712?OpenDocument> A Pencil and Paper or a PDA? - REALTOR Magazine - - The latest tech tools can boost productivity, but are they always the best solution? Experts share tips for determining when it's better to take the low-tech route. When Tammie Fleming, GRI, started her job as managing broker of Prudential One Realty Ce.
<http://eastbay.bizjournals.com/eastbay/othercities/pittsburgh/stories/2008/02/11/focus3.html?b=1202706000^1587656> Companies turn up tech features to get consumers to tune in - East Bay Business Journal - - Ten years ago, having a Web site was considered the most innovative step a company could take to reach customers. Today, companies are pouring an increasing amount of dollars into interactive marketing, which allows consumers to express their opinions t..
Other News
<http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/raising_conform.html> Raising conforming loan limits won't make much difference - Business Week - - How much will the housing market be helped if Washington authorizes Fannie Mae, Freddie Mac, and the Federal Home Loan Administration to buy more expensive mortgages? Not as much as you might guess. The changes are part of an economic stimulus package! p...
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