Archive for May, 2009

Dissecting Leftism (2009-05-01 05:37)
People with higher IQs make wiser economic choices, study finds Funnily enough. Nice to see yet another proof of some very old generalizations, though People with higher measures of cognitive ability are more likely to make good choices in several different types of economic decisions, according to a new study with researchers from the University of Minnesota’s Twin Cities and Morris campuses. The study, set to be published online in the Proceedings of the National Academy of Sciences thi

(AFX UK Focus) 2009-05-26 21:48 UPDATE 2-Freddie Mac to start new multifamily funding program (Interactive Investor)
By Lynn Adler

(AFX UK Focus) 2009-05-26 20:18 Firm of ex-Countrywide boss files for $750 mln IPO (Interactive Investor)
NEW YORK, May 26 (Reuters) - PennyMac Mortgage Investment Trust, an investment firm run by the former president of Countrywide Financial Corp, has applied to raise about $750 million in an initial public offering, according to a filing with the U.S. Securities and Exchange Commission. PennyMac, which plans to operate as a real estate investment trust, according to the filing late on Friday, will …

The Stress Free Way to Get The Best Home Improvement Loans

Remortgaging Deals and Information
Stock Market Investing - Remortgage your HomeRemortgagesWant to remortgage your house ? Well in these hard times credit is of courser harder to find, now that the banking executives have run off with most of the money and need the rest to pay their pensions. Once upon a time you could borrow up to 125% of your home’s value. Nowadays you can forget about that, if you want to remorgage your home you will get the best deals if you want to borrow less than 60% of your home’s value and you have a goo

Financial Crisis Affects Borrowers Worldwide
May 29th, 2009 Goto commentsLeave a comment The current economic recession has taken its toll on homeowners in the United States. Property values for the 1st quarter of 2009 in the US were down an average of 14% over the previous year. This is after a decline of almost 10% last year in median home prices. States such as California, Florida and Nevada have been hit even harder by rising foreclosures and the limited availability of credit. Housing prices have dropped over 25% in these states and

(AFX UK Focus) 2009-05-28 15:54 UPDATE 1-1 in 8 US homeowners late paying or in foreclosure (Interactive Investor)
By Lynn Adler