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Great Wolf to offer $225M of mortgage notes (AP) business3/19/2010 3:15 PM
AP - Indoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017.
House GOP calls for Fannie, Freddie phase out (Reuters) business3/19/2010 2:42 PM
Reuters - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market.
Visteon retirees file emergency motion on benefits (AP) business3/19/2010 11:39 AM
AP - Former workers for auto parts supplier Visteon Corp. are pushing ahead with their fight to preserve their retiree health and life insurance benefits.
Why the U.S. Won't Leave Iraq (The Motley Fool) business3/19/2010 10:24 AM
The Motley Fool - If, like me, you're a fan of Austin-based Stratfor, the highly regarded global intelligence firm, you'll likely have an interest in a report put out recently by the firm's founder and CEO George Friedman called "Thinking About the Unthinkable: A U.S.-Iranian Deal."
The Unseen Risk Stalking Your Portfolio (The Motley Fool) business3/19/2010 9:57 AM
The Motley Fool - It's not the risk of low interest rates or reckless fiscal policy. Nor is it the shaky securitization market or unsustainable GDP growth.

Real Estate News


Yahoo! News: Business - Real Estate
Great Wolf to offer $225M of mortgage notes (AP) business3/19/2010 3:15 PM
AP - Indoor waterpark resort company Great Wolf Resorts Inc. said Friday it plans to offer $225 million of first mortgage notes due 2017.
House GOP calls for Fannie, Freddie phase out (Reuters) business3/19/2010 2:42 PM
Reuters - Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market.
Mom of octuplets may lose home to foreclosure (AP) business3/19/2010 1:20 PM

FILE - This Jan. 26, 2010 file phot shows an unidentified woman carrying eight balloons towards the home of Nadya Suleman on the day of the octuplets first birthday, in La Habra, Calif. Octuplets mom Nadya Suleman could be kicked out of her Southern California home. The mortgage holder Amer Haddadin says he is starting foreclosure proceedings on this $565,000 La Habra residence, according to a report Friday March 19, 2010. (AP Photo/Nick Ut, File)AP - Octuplets mom Nadya Suleman could be kicked out of her Southern California home.


Anti-Flippers Buy And Hold Cheap Homes (Investor's Business Daily) business3/18/2010 3:45 PM
Investor's Business Daily - When Paul Gabrail and two partners snag a foreclosed home on the cheap, neighbors have good reason to cheer.
America's Most Underwater Housing Markets (U.S. News & World Report) business3/18/2010 3:09 PM
U.S. News & World Report - Negative equity--what you have when you owe more on your home loan than the property is worth--is one of the defining features of the still-unfolding mortgage crisis. It's a particularly nasty problem because it can lead to all sorts of unpleasant outcomes for the real estate market and the economy as a whole. Having negative equity, which is also known as being "underwater" on a mortgage, makes homeowners more likely to end up in foreclosure. It restricts a borrower's ability to refinance or buy another home, which in turn stifles demand for housing. ...

Yahoo! News


Yahoo! News: Top Stories
Obama appeals to Iranian people in Internet video (AP) politics3/20/2010 12:56 AM

President Barack Obama speaks about health care reform at the Patriot Center at George Mason University in Fairfax, Va., Friday, March 19, 2010. (AP Photo/Charles Dharapak)AP - In a fresh appeal directly to the Iranian people, President Barack Obama says in an online video that the United States wants more educational and cultural exchanges for their students and better access to the Internet to give them a more hopeful future.


Strike begins as talks between BA, union collapse (AP) business3/20/2010 12:33 AM

Unite joint general secretary Tony Woodley speaks to the media outside the Trade Union Congress headquarters in London, Friday March 19, 2010, after last ditch talks to avert a strike by cabin crew collapsed. Chief Executive Officer of British Airways, Willie Walsh, said it was 'deeply regrettable' that the union declined to accept a proposal on pay and working conditions from the airline, adding that offer would be withdrawn once the strike begins, but  Woodley said that BA 'does not want to negotiate and ultimately wants to go to war with this union.'  BA said it expects to operate around 65 percent of its scheduled flights over the next three days.(AP Photo/Sang Tan)AP - A three-day strike by British Airways cabin crew affecting thousands of travelers began Saturday after last-ditch talks between the airline's management and union leaders collapsed.


End in sight, health care battle tilts Obama's way (AP) business3/20/2010 12:34 AM

President Barack Obama greets the audience after speaking about health care reform at the Patriot Center at George Mason University in Fairfax, Va., Friday, March 19, 2010. (AP Photo/Charles Dharapak)AP - One by one, House Democratic fence-sitters began choosing sides Friday, and the long, turbulent struggle over landmark health care legislation tilted unmistakably in President Barack Obama's direction.


Police: Arrest in NJ Walmart racial comment case (AP) business3/20/2010 12:39 AM

Shelia Ellington, of Williamstown, N.J., right, talks with Ronald Tinsley, left, of Washington Township,N.j., and Tracy Jenkins, of Blackwood, N.J., as they meet Wednesday, March 17, 2010, in Washington Township, N.J., near a Wal Mart store  where they complained Sunday about comments that came over the store's public address system. Wal-Mart officials are reviewing security tapes after an announcement was made for 'all black people' to leave the southern New Jersey store. Shortly before 7 p.m. Sunday, a male voice came over the public-address system at the Route 42 store in Washington Township and calmly announced: 'Attention Wal-Mart customers: All black people leave the store now.' Management later apologized. (AP Photo/Mel Evans)AP - Police say they have made an arrest in the case of a racial comment being made over the public-address system at a Walmart store in southern New Jersey.


Thai protesters begin weekend march around capital (AP) world3/20/2010 12:37 AM

Anti- government protesters march in Bangkok, Thailand,  on Saturday March 20, 2010. Protesters in more than 1,000 vehicles set off Saturday for a daylong caravan through the streets of the Thai capital, hoping to enlist residents in their 'class war' against the government. (AP Photo/Sakchai Lalit)AP - Protesters riding thousands of motorcycles and crammed into trucks and cars set off Saturday for a daylong caravan through the streets of the Thai capital, hoping to enlist residents in their "class war" against the government.



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