Mercersburg Real Estate

Featured Article

• Wachovia Changes The Lending Game

  Wednesday Jul 2 | via Realty Trac 

  With assets of more than $800 billion, Wachovia is the nation's fourth-largest banking institution .

  Comment?

  Related Topix: Mortgage, Personal Finance, Home, Mortgage, Foreclosures

Regional Headlines

• State Capitol Roundup for July 18

  Yesterday | via Tony Phyrillas 

  I thought the Legislature was on its 2-month summer vacation, but it appears some lawmakers are still in Harrisburg.

  Comment?

  Related Topix: Harrisburg (Pennsylvania State University System), Pennsylvania, Pennsylvania Government, Home, Mortgage

• Wachovia's Brokerage Inspected by State Regulators in Auction-Rate Probe

  Thursday Jul 17 | via Bloomberg 

  Wachovia Corp. 's securities division was inspected by a team of regulators from more than five states who delivered subpoenas today as part of a probe into the company's sales of auction-rate bonds.

  Comment?

  Related Topix: Marketing, Advertising, Boston University, Pennsylvania

• Don Spatz,

  Wednesday Jul 16 | via Reading Eagle/Reading Times 

  I've taken shots at the Pennsylvania Department of Banking for hiding behind a legal gag and refusing to say what really happened in the Wesley Snyder case.

  Comment?

  Related Topix: Pennsylvania, Federal Prisons, Home, Mortgage, Mortgage, Personal Finance

• Consumer Prices Jump by the Most Since 2005 on Surge in Fuel, Food Costs

  Wednesday Jul 16 | via Bloomberg 

  Prices paid by U.S. consumers jumped in June by the most since 2005 on spiraling costs for fuel and food, intensifying the pressure on households struggling with falling home prices and the credit crunch.

  Comment?

  Related Topix: Housing, Ben Bernanke, Pennsylvania

• Economic Outlook: Midwestern banks to see tough round of quarterly results

  Sunday Jul 13 | via MarketWatch 

  A wave of gloomy results from the second quarter are expected to be the highlight of reports that Midwestern regional banks will issue in the coming days, analysts say.

  Comment?

  Related Topix: Housing, Banking, Financial Services, Citigroup, US Bancorp, Marshall University, Pennsylvania

National Headlines

• Obama on Afghanistan...Paulson on banks...Storm update...

  12 hrs ago | via KXMB-TV Bismarck 

  Obama on Afghanistan...Paulson on banks...Storm update KABUL, Afghanistan Barack Obama says the United States, NATO and Afghanistan must do more to fight the Taliban and al-Qaida. Among other things, the ...

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  Related Topix: World News, Kabol, Afghanistan, Afghanistan, Kabul, Afghanistan, US Politics, US News, Barack Obama, Asia, Home, Mortgage, Weather, Junction City, CA

• Brown pledges aid to Palestinians, calls for settlement freeze

  12 min ago | via The Daily Star 

  OCCUPIED BETHLEHEM: British Prime Minister Gordon Brown on Sunday pledged new aid to the Palestinians and called for a freeze on Israeli settlement building to bolster the Middle East peace process.

  Comment?

  Related Topix: Home, Mortgage, World News, Palestinian Territories, Middle East, Israel

• Words from the

  17 min ago | via Safehaven 

  "The end is neigh" was what many despondent investors were starting to believe as the past week kicked off with volatile trading amid concerns that US regional bank IndyMac's demise was a harbinger of many more ...

  Comment?

  Related Topix: Freddie Mac, Financial Services, Fannie Mae, Home, Mortgage, Mortgage, Personal Finance

• Treasury Chief Sees 'Months' of Hard Times

  21 min ago | via ABC News 

  The Associated Press 2 comments Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead.

  Comment?

  Related Topix: Home, Mortgage, Mortgage, Personal Finance

• US Treasury Secretary: Economic Fundamentals are Sound

  23 min ago | via Voice of America 

  The Bush administration says the U.S. economy will continue to experience slow growth in the months ahead, but is fundamentally sound.

  Comment?

  Related Topix: Foreclosures, Washington, DC, Housing, Home, Mortgage, Mortgage, Personal Finance