Latest News in Home Insurance – Nov 16, 2007
November 16, 2007 by Be Safe Insure
Filed under Trends
Dwindling mortgage options leaves Bay Area home sales mired in misery
San Francisco Gate – John, owner of an insurance brokerage, bought a home for more than $900,000 early this year in a new development on the city’s northwest side. This weekend, St. John said the builder – DeNova Homes – is planning an auction of more than a dozen …
Goldman Sees Subprime Cutting $2 Trillion in Lending (Update4)
Bloomberg – Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology … Losses related to record U.S. home foreclosures using a “back-of-the-envelope” calculation may be as high as $400 …
New York Leads Borrowers; Munis Poised to Snap Three-Week Skid
Bloomberg – New York City opted to forgo insurance this week in selling almost $950 million of tax-exempt bonds and auctioning $125 million of debt with interest subject to federal income taxes. Finance officials also plan to sell $100 million of variable- rate …
This time, Clinton gives as good as she gets
Newsday – Home Delivery … Oh, Obama, Edwards, Richardson, Kucinich, Biden and Dodd had their disagreements last night on health insurance and how to deal …
Democratic hopefuls play difference cards in Vegas
Los Angeles Times – You are here: LAT Home > Politics … When I was a state senator in Illinois, I voted to require that illegal aliens get trained, get a license, get insurance to …
Citigroup Pushes Bank Borrowing Costs Above Companies (Update2)
Bloomberg – Nov. 16 (Bloomberg) — For the first time in at least a decade, the world’s biggest financial institutions are paying more to borrow in the corporate bond market than the average company. Bonds of banks, brokerages and insurance companies yield 1.49 …
U.S. Treasuries Headed for Weekly Gain as Investors Seek Safety
Bloomberg – Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology … Losses related to record U.S. home foreclosures using a “back-of-the-envelope” calculation may be as high as $400 …
Buying What Buffett Buys Based on Filings Doubles S&P 500 Gains
Bloomberg – Buffett built Berkshire Hathaway during the past four decades into a $200 billion company with businesses ranging from ice cream and bricks to insurance and corporate jet leasing. Berkshire had $77.9 billion invested in stocks at the end of September …
Dexia Third-Quarter Profit Falls 28% on U.S. Unit (Update4)
Bloomberg – Dexia, which provides loans to municipalities, banking services to Belgians and bond insurance in the U.S., fell as much as 7.5 percent in Brussels trading after net income dropped to 439 million euros ($640 million). Four analysts surveyed by …
Losses May Wipe $2 Trillion of Lending, Goldman Says (Update2)
Bloomberg – Exclusive Worldwide Regions Markets Economy Politics Industries Consumer Energy Finance Health Care Insurance Real Estate Technology … Losses related to record U.S. home foreclosures using a “back-of-the-envelope” calculation may be as high as $400 …
