Banks tighten lending as mortgage standards resemble twenty years ago
Banks and mortgage insurers curb lending amid steep restrictions and ZIP code limits. High foreclosures in California, Florida, Arizona, Michigan, Ohio and Nevada fuel tighter down payments and credit-score hurdles. Respondents cite government rate cuts yet lenders pull back, risking spring home sales and the broader economy. Don Brekke secured a 100 percent state loan for a Colorado home. others face declines in value and rising payments.
MENTIONED IN THIS ARTICLE
Washington
U.S
McMansions
Scottsdale
Ariz
Miami
Flint
Mich
Metuchen
N.J
California
Florida
Arizona
Michigan
Ohio
Nevada
Chris Sipe
America East
Frederick
Federal Reserve
Don Brekke
Colorado Springs
Colo
Colorado
Brekke
Ron Broussard
Sal
Broussard
Texas
Stocks rebound as week of volatility ends
Wall Street braced for the economy as stocks rose sharply after a week of wild moves. The big advance left major indices higher for the week, easing some investor fears while leaving questions about growth, inflation, and valuations unresolved. Tim Paradis of the Associated Press reported from New York.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Grain Futures Slide Amid Federal Aid Push
Wheat May delivery fell to 9.875, corn 5.075, oats 3.39, soybeans 12.07 a bushel as markets opened with Bargain-hunting and a milder regional factory report. The Dow rose about 260 points for the week while broader indexes gained 2 to 3 percent as the Fed offered liquidity and rate cuts. Markets closed for Good Friday. NYSE volume 1.53 bil, Nasdaq 4.54 bil.
MENTIONED IN THIS ARTICLE
Chicago — Agriculture
Chicago Board of Trade
Dow Jones
Bear Stearns Cos
Federal Reserve
Stockyards Springfield prices and Illinois hog market data
Eastern Cornbelt carcass prices by thickness from 0.5 to 0.9 inch, ranges 46.00 to 52.75, 46.00 to 53.00, 44.00 to 51.77, 44.00 to 51.75, and 41.50 to 50.78. Today's negotiated purchases total 11,063. Illinois direct hogs trading 1.00 lower with light demand and offerings. 300-400 lb 7.00-11.00, 400-500 lb 10.00-12.00, 500-600 lb 10.00-15.00, over 600 lb 13.00-17.00, few 18.00. Boars under 300 lb 12.00-16.00, over 300 lb 3.00-6.00.
MENTIONED IN THIS ARTICLE
Alcoa Inc
McDonalds
Metlife
Altria
Microsoft
Ameren
Vedhatage
Apple
Earn
Serene
Occi
Petrola A
O'charley’s
Baker Hughes
Nat. Banc
Bemis
Olin
Bob Evans
Pepsi A Boeing
Pfizer
BP Amoco
Pier
Brunswick War ProFac Coop
Prudential
Burger King Canadian Rail
CAT
Regions Financial
CBRL
Ryerson Tull
CIFRA
Sears
CINF
Southern Co
Clear Channel
Southwest
Coke
Sun Microsystems
ConAg
Anova Super Valu
CVS Corp. Devon
US Bancorp
Dillard
USG
Discover
Verizon
DuPont
Walgreens
Fifth Third
First Data Corp
Watson Pharma
Ford Motor Co
Wendy's
Gen. Dyn. Halliburton
Whirlpool
Harley Davidson
Harris
Intel
Integra
JC Penney
Jones Soda
Kinder Morgan
Kroger Lee Ent
Wachovia Securities, Inc
Lowes
Macy's
NYSE
SIPC
Springfield
Illinois
The
Associated Press
New York
Chy Aescorp
AMR
At&t Inc
AbtLab
AMD
AlcatelLuc
Alcoa
AlliData
Altrias
Ambacf
GnMotr
Qwestim
Anadarko
Annaly
Goldcrpg
Slmcp
ArchDan
Goldmans
Sara Lee
Hallibrun
Schergp
BkofAm
Heclam
Schimbrg
Bknymel
Hewlettp
SilvWhing
Barrickg
SovrgnBcp
BearSt
Honclint
SprintNex
BestBuy
HostHods
StdPac
Boeing
Hovnane
Borders
IBM
TainSemi
BostonSci
BrMySq
Jpmorgch
JohnJn
Tesoros
Cvscare
Kinrossy
Texinst
Capone
Kraft
Thornby
CapidSrce
Icorp
Carnival
Lehman
UBSAG
Caterpillar
Lennar A
LillyEli
Chevron
Citigrp
Valeroe
ClearChan
VerizonCm
Visan
CocaCl
Wachovia
Coeur
Merck
WalMart
Merrilllyn
Walgrn
Cvrds
WellPoint
Monsanto
WellsFargo
MorgStan
WmsCos
OR Horton
Mosaic II
Deeres
Motorola
Wyeth
Delta Airn
Mylan
Xtoens
Discovery
Nazi City
Yamanag
NYSE Most Active Stocks Prices Reported In Detail
New York AP reports Thursday closing values for NYSE listed issues with activity figures. Stocks include Disney, Exxon Mobil, Pfizer, IBM, Apple alternatives, and major players like Goldman Sachs, Boeing, AT&T, and Coca Cola among numerous others with high, low, and close prices.
Also Mentioned on This Page
Alan Zibel and
J.W. Elphinstone
Tim Paradis
the Associated Press
Dow Jones Industrials
Standard & Poor
Joseph H Schmidt
Ecos & Bunny
Sherbert
North Market
Marion
Etceteraflowers.com
Krieger
Swift
Vernon
Disney
Noilwares
DowChm
Newmtm
Newscpa
DukeEngy
NikeBs
Emccp
NokiaCp
ElPasoCp
Nortéliers
Elan
OcciPet
ExxonMbl
Peabdye
FannieMac
Petrobras
Fordm
FredMac
GenElec
Pulteh
Oleniaiel Sale
Murphysboro
Cet Iol