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Almost one-third of home loans are under water
A slowing in the pace of home-price declines helped bring down the portion of home-loans with negative equity -- the situation where borrowers owe more on their mortgage than their home is worth -- according to data from First American CoreLogic.
Market Watch

FOREX-Dollar dips vs yen; eyes equities, investor flows - Reuters
FOREX-Dollar dips vs yen; eyes equities, investor flowsReuters Focus on potential for some Japanese fund repatriation Some 27 bln in Treasuries coupon payments due on Aug. 15. By Masayuki Kitano TOKYO, ...and more raquo;
Info 5000

RealtyTrac Says Foreclosures Jump in July
Foreclosure filings and related activities continued to increase in July according to figures released by RealtyTrac. Nevada, California, and Arizona continue to lead the nation in the rate of homes in legal difficulty; one out of every 56 home owners in Nevada is in danger of losing his home....(read more)
Mortgage News Daily

Fannie and Freddie Say Rates Ticked Higher Last Week
Good news on the jobs' front led to an increase in most mortgage rates for the week ended August 13 according to the latest Freddie Mac's Primary Mortgage Market Survey released on Thursday. Short term adjustable rate products were the least affected by the data. ...(read more)
Mortgage News Daily

Knight Frank puts off plan for India-focused property fund
The UK-headquartered Knight Frank Group has put on hold its plans to launch a $250 million (nearly Rs 1,225 crore) India-focused real estate fund due to drastic slowdown in property markets across the world, said informed sources.
Business Standard

Scale of jobs crisis for young revealed
The number of 'Neets' - young people not in employment, education or training - has jumped by more than 70 per cent since 2001 in parts of southern England, according to figures obtained by the Conservative party
FT

Good luck finding a stimulus loan
More than 1,000 emergency loans have been granted to struggling companies since the Small Business Administration launched the much-anticipated America's Recovery Capital program in mid-June, according to a lending tally released this week. While the list confirms that the program is likely to hit its goal of making 10,000 loans by the time it ends in late 2010, it also reveals that banks are still cautious about participating.
CNN

Inc. 500 includes 13 D-FW companies
More than a dozen North Texas companies rank among the country's top 500 in terms of revenue growth, according to the latest Inc. 500 report from Inc. Magazine.
Biz Journal

Militia movement gains momentum
Militia groups with gripes against the government are regrouping across the country and could grow rapidly, according to an organization that tracks such trends.
Topix.net

32 tourism groups to split $1.45 million in state assistance
Ski Utah received all of the matching funds it requested from the Utah Office of Tourism for a marketing campaign on the Internet. But some of the ski industry group's local tourism partners got 10 percent less than they requested for other skier-oriented projects.
The Salt Lake Tribune

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