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Living Here | Fly In, Fly Out: A Big, Big Garage
“I think it’s every pilot’s dream to live with his airplane. We have two planes and two hangar homes.”
New York Times  –  Dec 12, 2008 01:20 AM [GMT]  –  comment?
Economy - Thursday
Investor's Business Daily - The 3-month dollar Libor rate fell 10 ticks to just under 2%, a 4-year low, but bank-to-bank loans remain rare. Commercial paper grew by $48.6 bil in the latest week, as Fed buys of the short-term debt help. Mortgage-backed securities continue to rally -- pushing hom ... more »
Yahoo!  –  Dec 11, 2008 11:56 PM [GMT]  –  comment?
America's Post-Subprime Boomtowns
Thanks to buyers searching for deals, the number of sales of foreclosed homes in these towns are highest in the U.S.
Forbes.com  –  Dec 11, 2008 5:00 PM [GMT]  –  comment?
Is the Jobs Panic Justified?
BusinessWeek Online - It was bad enough when Iceland got into financial trouble and practically sank into the frigid North Atlantic. It was worse when your next-door neighbor lost his home to foreclosure. But now things are really getting scary: Your own job may be at risk.
Yahoo!  –  Dec 11, 2008 1:08 PM [GMT]  –  comment?
Photo from Yahoo! Foreclosure activity drops to June levels
AP - The number of American homeowners dragged into the housing crisis fell last month to the lowest level since June as new state laws lengthened the foreclosure process, RealtyTrac reported Thursday.
Yahoo!  –  Dec 11, 2008 06:12 AM [GMT]  –  comment?
Photo from Yahoo! US foreclosures drop but storm clouds ahead: report
AFP - US home foreclosures, at the root of the global financial crisis, fell to the lowest levels in five months in November but it may be a lull before the storm, according to a group tracking foreclosures.
Yahoo!  –  Dec 11, 2008 05:28 AM [GMT]  –  comment?
Here's why it's so hard to modify a mortgage
Read full story for latest details.
MSNBC.com  –  Dec 11, 2008 02:02 AM [GMT]  –  comment?
Photo from MSNBC.com 'Pay option' loans could swell defaults
A new surge in defaults and foreclosures is likely in 2009 and 2010 as as risky "pay option" mortgages reset to sharply higher monthly payments.
MSNBC.com  –  Dec 11, 2008 02:01 AM [GMT]  –  comment?
Hawaii couple offers $100,000 to find homebuyer
AP - Wanted: real estate buyer. Reward: $100,000.
Yahoo!  –  Dec 10, 2008 11:03 PM [GMT]  –  comment?
Photo from Yahoo! Lawmakers rap Treasury on bailout plan
Reuters - U.S. lawmakers on Wednesday threatened to withhold the remaining half of the $700 billion of financial bailout cash unless Treasury Department officials do more to help homeowners avoid foreclosure and push banks to extend more credit to consumers.
Yahoo!  –  Dec 10, 2008 10:38 PM [GMT]  –  comment?