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Article ID: 534605

Americans Say: It's Still the Economy, Stupid

Saint Joseph's University

The bursting of the proverbial real estate bubble coupled with a mortgage and credit crisis has many Americans murmuring "recession." Ben Liebman, Ph.D., an economist at Saint Joseph's University in Philadelphia, says that despite the opinion of some Americans, we are not in a recession. He expects Philadelphia's debate viewers to be interested in what the candidates have to say about the economy.

Released:
23-Oct-2007 5:00 PM EDT
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Social and Behavioral Sciences

Article ID: 533556

Subprime Problems Signal Trouble Ahead, Research Shows

Washington University in St. Louis

If you think sub-prime mortgage loans caused Wall Street trouble, just wait until debt problems spill over onto household spending. America's love affair with spending could trigger the most severe downturn in economic activity seen since at least the 1980s "” and possibly since the Great Depression.

Released:
25-Sep-2007 2:00 AM EDT
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Article ID: 533521

Foreclosure Is Not Inevitable, Advises Consumer Finance Expert

University of Arkansas, Fayetteville

A consumer and family finance expert offers advice to homeowners that could greatly increase their chances of keeping their homes if they are facing mortgage trouble. He suggests first talking to the mortgage holder to work out a deal and then if needed turning to a consumer credit counseling agency.

Released:
20-Sep-2007 12:00 AM EDT
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Social and Behavioral Sciences

Article ID: 533117

Complex, Conflicting Rules of Origin Undercut Pacific Rim Trade Pact

University of Southern California (USC)

USC Marshall team presents findings at APEC summit.

Released:
6-Sep-2007 2:00 PM EDT
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Article ID: 532891

Accounting Expert Simplifies Key Element in Sub-prime Mortgage Crisis

Moravian College

John D. Rossi, III, CPA, associate professor of accounting at Moravian College can explain the complex situation including special accounting standards in relative non-technical terms and point out a key element missing in the media coverage of the crisis.

Released:
29-Aug-2007 11:35 AM EDT
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Article ID: 532854

Housing Market Woes Spread, Dampening Florida's Consumer Confidence

University of Florida

The latest round of bad news in the housing market dealt a blow to consumer confidence in August, causing a three-point drop to 78, its lowest level in a year, a new University of Florida study finds.

Released:
28-Aug-2007 12:15 PM EDT
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Article ID: 532627

Researcher Develops System That Allows Banks to Predict the Effect of Significant Losses in Specific Lending Categories

University of Arkansas, Fayetteville

In response to federal banking regulators' concern about community banks' increased participation in commercial real-estate lending, a University of Arkansas researcher has developed a system that allows banks to perform stress tests on their commercial real-estate portfolios.

Released:
21-Aug-2007 8:00 AM EDT
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Article ID: 532515

Subprime Mess Isn't All Bad; It Also Presents Opportunities

Washington University in St. Louis

The stock market might be nervous now due to the subprime loan mess, but Stuart Greenbaum, former dean of the Olin School of Business at Washington University in St. Louis, is bullish on the situation.

Released:
16-Aug-2007 1:00 AM EDT
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Article ID: 530911

Florida's Housing Market Suffers Setback

University of Florida

Florida's housing market, thought to be stabilizing earlier this year, deteriorated in the latest quarterly survey conducted by the University of Florida, a situation likely brought on by uneasiness about lending practices, insurance rates and the state's property tax structure.

Released:
18-Jun-2007 1:35 PM EDT
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Article ID: 527966

Florida's Single-family Housing Market Hits Bottom; Market Stabilizes

University of Florida

Hopeful homebuyers in Florida should act now: The price is right as the state's single-family residential housing market bottoms out, according to a University of Florida study released today.

Released:
8-Mar-2007 3:00 PM EST
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