Business

Mortgage defaults spread as even 'safe' borrowers falter

By Jim Wasserman and Dale Kasler - Published: 12:00 am

The mortgage default crisis has an ominous new face. It's your neighbor with a traditional fixed-rate loan.

Bob Shallit: Move quickly or lose hotel financing deal, Sacramento told

By Bob Shallit - Published: 12:00 am

Developers of a proposed downtown hotel project have a not-so-subtle warning for city officials:

Mortgage defaults spread as even 'safe' borrowers falter

By Jim Wasserman and Dale Kasler - Published: 12:00 am

The mortgage default crisis has an ominous new face. It's your neighbor with a traditional fixed-rate loan.

Most banks hold firm, refuse to cash state's IOUs

By Dale Kasler - Published: 12:00 am

By refusing to honor billions in state-issued IOUs beyond Friday, California's largest banks intensified the state budget crisis and created potential cash-flow problems for vendors and local governments.

The faces of furloughs

Business Wire

Special alloy sleeves urged to block hackers?

By TODD LEWAN - Published: 11:45 am

To protect against skimming and eavesdropping attacks, federal and state officials recommend that Americans keep their e-passports tightly shut and store their RFID-tagged passport cards and enhanced driver's licenses in "radio-opaque" sleeves.

Chips in official IDs raise privacy fears - 12:46pm
CIT Group said to hire bankruptcy adviser - 1:35pm
Investors: 2Q revenue a sign of economic health - 8:21am
Rain washes away tourism dollars in Northeast - 2:40am
Talks intensify over closing Calif.'s $26B deficit - 12:50pm

Move quickly or lose hotel financing deal, Sacramento told

Developers of a proposed downtown hotel project have a not-so-subtle warning for city officials:

Home Front blog

The State Worker blog

Governor references SEIU strike threat, talks about furloughs

CalPERS closed on Furlough Fridays; another union blasts governor

DPA's 'Furlough Friday' list; union urges members to call lawmakers

SEIU leadership threatens to strike

McCauley pension initiative fails

Databases

California Business wire

Talks intensify over closing Calif.'s $26B deficit - 2:38pm
Ill. peach harvest looks steady despite May storm - 10:25am
Paris Hilton insists she plugged sorority movie - 4:45pm
Calif. furloughs prompt strike threat from union - 4:55pm
Toyota considering dissolving Nummi joint venture - 2:56pm
Poor leave Calif. at higher rate than rich - 2:50pm
General Motors to try selling new cars on eBay - 2:15pm
Company sues over ouster from mill north of Elko - 1:37pm

30 Ways to Save

Tip #30: How to Save $25,000 in 1 Year - 10:27am
Tip #29: Pay money to save money - 12:43pm
Tip #28: What you don't know about price protection - 12:42pm
Tip #27: Psychology tip: Set up roadblocks to spending - 12:35pm
Tip #26: Gardener? Housekeeper? DIY instead - 12:28pm

Call to Readers

Call to readers: Ever tried peer-to-peer lending?

If you've borrowed or loaned money using an online "P2P" site, we'd like to hear your experience. Contact Bee writer Sarah Frier at (916) 321-1119 or sfrier@sacbee.com

Ask the Experts

Investment Clubs Q&A

Q: A club member recently passed away. Should we use the Date Of Death closing stock value to calculte the amount to be paid to the estate? Or do we use the date we receive instructions from the executor? Should we require a copy of the death certificate and copy of 'Letter of Personal Representative'/'Executor'?
Read answer

8 questions answered | Submit a question

Technology Wire

Report: NKorean army suspected over cyberattacks - 6:10am
Smthg gr8 4 brkfst? Twitter's hyper-short recipes - 2:46pm
General Motors to try selling new cars on eBay - 2:16pm
AP proposes new article formatting for the Web - 12:36pm
Glitch in antivirus software troubles PC users - 12:00pm

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