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Wednesday, January 30, 2008

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Wednesday, January 30, 2008

Blue, as in big blue marble, is the new green
In case you missed it, 2008 is the year to be blue. Not the mood. The color.

Builder bets on cozy condos
Portland's condo market is ailing, yet developer Mark Edlen just started his seventh condo tower since 2004.

FBI checks firms for mortgage fraud
WASHINGTON -- The FBI said Tuesday it is investigating 14 companies for possible accounting fraud, insider trading or other violations in connection with home loans made to risky borrowers.

Industry Notes
REAL ESTATE

News highlights
NEWS UPDATE: WIMAX TALKS

Portland home prices
still up amid U.S. slump Portland remained one of the top three U.S. housing markets in new figures released Tuesday.

WaMu expects better times in 2008
SEATTLE -- Washington Mutual Inc. said Tuesday that higher-than-expected net interest income in 2008, along with its exit from subprime loans and a renewed focus on bank-branch customers, will help carry the thrift through what promises to be a difficult year.

Will Fed rely on another rate cut?
Individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy.

Workplace
with Marie G. McIntyre, Ph.D.




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