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Entries from August 5th, 2009

Stock up on staples for pennies

August 5th, 2009 · Comments Off · Clean Energy

This month’s Frugal Sense winner spends mere pennies to stock up on staples like toothpaste. //

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Mortgage choice won’t slow foreclosure

August 5th, 2009 · Comments Off · Clean Energy

A choice now about whether to pay down the first or second mortgage won’t slow a future foreclosure. //

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Can card closed by issuer hurt FICO score?

August 5th, 2009 · Comments Off · Clean Energy

When a credit card account is closed, your FICO score doesn’t care who closed it. //

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What happens when a bank fails?

August 5th, 2009 · Comments Off · Clean Energy

In the wake of bank failures, you may be concerned about your bank. Here’s what you need to know. //

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Goldman Defends Its Trading Practices, Claims It Does Not Front-Run The Market

August 5th, 2009 · Comments Off · Mortgage News

From Goldman Sachs Electronic Trading : Our Practices in Handling Electronic Order Flow To our Goldman Sachs Execution & Clearing, LP clients – Given the pace of change in the equities market structure and the recent public dialogue about trading…(read more) //

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Farmland Values Decline

August 5th, 2009 · Comments Off · Mortgage News

From the WSJ: Farm Real-Estate Values Post Rare Drop The U.S. Agriculture Department said in its annual report that the value of all land and buildings on U.S. farms averaged $2,100 an acre Jan. 1, down 3.2% from last year. The decline in farm real-estate…(read more) //

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Commercial Real Estate: Toxic Asset or Simply Undervalued?

August 5th, 2009 · Comments Off · Mortgage News

Ray submits: If you listen to Cramer commercial real estate is the place to be, he mostly points to the increase in certain equity prices in current trading to make his point along with some parallels drawn from the Savings and Loan Crisis. However, rising…(read more) //

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Earnings Preview: MBIA

August 5th, 2009 · Comments Off · Mortgage News

MBIA ( MBI ) is expected to report Q2 earnings before the market open on Thursday, August 6 with a conference call scheduled for 8 am. Guidance Analysts are looking for EPS of (92c) on revenue of $307.75M. The consensus range for EPS is ($1.07) to (76c…(read more) //

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Homebuilder D.R. Horton: Good News, Bad News

August 5th, 2009 · Comments Off · Mortgage News

From D.R. Horton : D.R. Horton … today reported a net loss for its third fiscal quarter ended June 30, 2009 of $142.3 million … The quarterly results included $110.8 million in pre-tax charges to cost of sales for inventory impairments and write-offs…(read more) //

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ABI: Personal Bankruptcy Filings up 34.3 Percent compared to July 2008

August 5th, 2009 · Comments Off · Mortgage News

From the American Bankruptcy Institute: Consumer Bankruptcy Filings Reach Highest Monthly Total Since 2005 Bankruptcy Law Overhaul U.S. consumer bankruptcy filings reached 126,434 in July, the highest monthly total since the Bankruptcy Abuse Prevention…(read more) //

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