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Felcor Wields $599-a-night Beach Rooms To Stop Plunge (update1) - Bloomberg
oct. 3 (bloomberg) -- the stretch of southern california shoreline made famous in the beach boys' 1960s hit ``surfin' u.s.a.'' is the proving ground for chief executive officer richard smith 's plan to revive felcor lodging trust inc ., whose shares ...
www.bloomberg.com

Wire Feed: Pg&e Raises Rates 6 Percent; Music Royalties Left Unchanged; Mortgage Rates Rise
pg&e customers will pay more for their electricity after the company raised rates by an average of 6 percent.
www.mercurynews.com

Mortgage Help Being Shifted Away From Ohio
if the $700 billion mortgage-lender bailout leaves you shaking your head, wondering when struggling homeowners will get theirs, consider this:
www.dispatch.com

Libor Mystifies Americans As Mayor Reads `doomsday' (update2) - Bloomberg
oct. 3 (bloomberg) -- anisha gupta, returning clothes to a hugo boss store on rodeo drive in beverly hills, shrugged when asked about libor. she had heard the term. she wasn't sure she could define it. ``i thought it was a pill,'' said gupta, an ...
www.bloomberg.com

California And Florida Homes Top Risks For Price Drops - Reuters
los angeles (reuters) - california and florida cities top the list of those under the risk of future plummeting home prices in the next two years, a report said wednesday. according to the pmi fall 2008 u.s. market risk indexsm, 17 of the top 50 ...
www.reuters.com

Mortgage Help Has Shifted From Ohio To Coastal Cities, Sunbelt
if the $700 billion mortgage-lender bailout leaves you shaking your head, wondering when struggling homeowners will get theirs, consider this: homeowners got some help more than a year ago. it was far less dramatic than today's proposal, and a dispatch analysis of the latest data shows that ohioans' share is shrinking. the help arrived in 2007, when the federal government pushed lenders to ...
www.dispatch.com

California And Florida Homes Top Risks For Price Drops
california and florida cities top the list of those under the risk of future plummeting home prices in the next two years, a report said wednesday.
news.yahoo.com

Continued Inland Empire Property Value Decline Seen - San Diego Union-tribune
riverside – property values in the inland empire will likely continue to decline for at least the next two years, a bay area-based mortgage insurance firm reported wednesday. the results of pmi group inc.'s “fall 2008 market risk index ...
www.signonsandiego.com

Credit Crisis Bears Down On Hospitals - San Francisco Business Journal
the credit freeze that has followed wall street’s subprime mortgage meltdown is bearing down on another victim: bay area hospital construction projects. “any kind of (credit) issuance has halted, while folks are waiting for things to settle down ...
sanfrancisco.bizjournals.com

Felcor Wields $599-a-night Beach Rooms To Stop Plunge (update1)
oct. 3 (bloomberg) -- the stretch of southern california shoreline made famous in the beach boys' 1960s hit ``surfin' u.s.a.'' is the proving ground for chief executive officer richard smith 's plan to revive felcor lodging trust inc ., whose shares plunged 63 percent this year.
www.bloomberg.com

Vacation Home Mortgage Loans
obtaining a loan for a vacation home can be a challenge because lenders assume you are more likely to default on this additional mortgage. that risk is passed on to you in several different forms.
biz.yahoo.com

California Liberals Help Defeat Bailout Bill - Los Angeles Times
washington -- conservative republicans stole the spotlight with their opposition to the $700-billion financial rescue plan that fizzled in the house monday, but they had help from a slew of liberal california democrats who joined them to defeat the ...
www.latimes.com

Mortgage Help Has Shifted From Ohio To Coastal Cities, Sunbelt - Columbus Dispatch
if the $700 billion mortgage-lender bailout leaves you shaking your head, wondering when struggling homeowners will get theirs, consider this: homeowners got some help more than a year ago. it was far less dramatic than today's proposal, and a ...
www.dispatch.com

U.s. Stocks Drop On Economic Data, Rising Bank Rates; Ge Falls
oct. 2 (bloomberg) -- u.s. stocks dropped for a second day as a jump in borrowing costs and reports showing a worsening economy spurred concern that the government's $700 billion bank bailout plan won't be enough to stimulate growth.
www.bloomberg.com

Fla. Has Long Been Feeling Housing Pains
long before the debate over a federal bailout of the nation's financial institutions took center stage, sagging property values and soaring mortgage payments triggered in part by adjustable interest rates and increasing taxes threatened to force thousands of floridians into foreclosure.
www.dailyrecord.com

Site Presented By - Salon
the deed is done. by a vote of 263 to 272, the u.s. house of representatives agreed to the most significant government intervention in the economy since the new deal. 39 democrats and 26 republicans changed their vote to yes. scattered applause from ...
www.salon.com

Bailout Plan Offers Vague Help To Homeowners - Kcby
washington (ap) - the harsh reality for murielle montes and hundreds of thousands of homeowners who are behind on their mortgages is this: a $700 billion bailout of the financial industry will probably do little to help them avoid foreclosure. on ...
www.kcby.com

Book Review: 'chain Of Blame' Brings Subprime Mess To Life
in chain of blame, authors paul muolo and mathew padilla, both seasoned financial journalists, skillfully lead readers through the quagmire of what went wrong inside the nation's subprime-lending firms that led to the current mortgage and credit crises.
www.usatoday.com

California Liberals Help Defeat Bailout Bill
fourteen of the state's house democrats go against a usual ally, speaker nancy pelosi, to join conservatives in voting against the rescue package. conservative republicans stole the spotlight with their opposition to the $700-billion financial rescue plan that fizzled in the house monday, but they had help from a slew of liberal california democrats who joined them to defeat the bill. ...
www.latimes.com

Cape Region Banks Are Weathering The Financial Storm - Cape Gazette
while some of the nation’s largest financial institutions are crumbling from the credit crunch and subprime mortgage meltdown, community banks are seeing deposit increases, their managers say. they say consumers are withdrawing money from national ...
www.capegazette.com