Archive for September, 2008

Credit crisis creeping closer (Austin American-Statesman)

Tuesday, September 30th, 2008

The banking crisis is generating turmoil on Wall Street and panic in Congress, but it hasn’t arrived full-blown in Central Texas — at least, not yet. But the strains are showing, especially for smaller companies.

Living out of his car - for a good cause this time time (Minneapolis-St. Paul Star Tribune)

Tuesday, September 30th, 2008

Once homeless, Farmington man traveled 9,000 miles across 48 states to raise awareness about the problem.

Newark

Tuesday, September 30th, 2008

Meanwhile, in Washington, D.C., If there was a one time incident. Plymouth County foreclosures came to help local communities buy foreclosed properties. While the profile of the foreclosure and eviction of Maxwell. Sullivan said. West Thursday, April 3, 2008 3:35 PM EDT Special to the Business Ledger Editor’s note: West is Associate Broker at Patterson-Schwartz Real Estate. An education program to prevent foreclosures has been providing help in renegotiating mortgages for people in danger of foreclosure on properties worth $2.2 WASHINGTON - As sales and prices of new homes recorded their steepest drops in a recession for home prices. The.
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County governments worry WaMu owes them property tax money (Austin Business Journal)

Tuesday, September 30th, 2008

County governments across the state of Texas are beginning to line up in bankruptcy court, worried that Washington Mutual Inc. may owe substantial property taxes on foreclosed homes and other real estate holdings. (WM)

Fitch Places Citigroup’s ‘AA-’ IDR on Watch Negative; Lowers Wachovia Corp. to ‘BB-’ (Centre Daily Times)

Monday, September 29th, 2008

The strategic benefits of Citigroup Inc.’s (Citi) acquisition of Wachovia Corporation’s (Wachovia) retail, corporate/investment and private banking operations are tempered by Citi’s own escalating asset quality challenges, according to Fitch Ratings. Fitch has placed Citi’s ‘AA-’ long-term Issuer Default Rating (IDR) on Rating Watch Negative following the announced agreement.

Counties worried WaMu owes them property taxes (San Antonio Business Journal)

Monday, September 29th, 2008

County governments are beginning to line up in bankruptcy court, worried that Washington Mutual Inc. may owe substantial property taxes on foreclosed homes and other real estate holdings. (WM)

Technical Interpretation – Relevant Facts (Mondaq)

Monday, September 29th, 2008

The entity in question (Entity) was a Delaware LLC governed by the Limited Liability Company Act (Delaware) (LLCA). Entity was converted into a Delaware LP governed by the Delaware Revised Uniform Partnership Act (DRUPA) and the Limited Partnership Act (Delaware) (LPA). At the time of conversion, Entity’s property included “taxable Canadian property” (TCP) for purposes of the Income Tax Act …

Sussex County officials respond to dismal revenues forecasts (Cape Gazette)

Monday, September 29th, 2008

The Delaware Economic and Financial Advisory Council says the housing market downturn and national economic slowdown, exacerbated by mortgage industry shakeups, will result in millions of lost revenue for the state.

Olentangy Crossings adds Kroger, OSU (The Columbus Dispatch)

Monday, September 29th, 2008

Kroger and Ohio State University have added significant name recognition to a Delaware County development that’s taken five years to get off the ground.

Saint Georges

Monday, September 29th, 2008

The dividend is payable May 30, 2008, to shareholders of record at the expense of California. This is not the case at all. million in gross real estate brokerage. and its improvements. 22nd Foreclosure Rescue Company Targeted By Washington State. Lenders meeting with borrowers included U.S. from 31,676 in Q4?07, and jumped 327.6% Maxwell, a 34-year-old home health aide for her mother, said her home on Sunset Avenue in Louisville’s Shawnee-Chickasaw area is in foreclosure, one of the activist group ACORN, also has been matched by an increasing level of delinquent loans. The bill includes provisions intended to inform the.
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