Several major participants in the home mortgage market have agreed to adopt a set of principles for how they will be dealing with homeowners with high-priced loans who face possible foreclosure. Sen. Christopher Dodd, D-Conn., had urged such voluntary action by mortgage lenders and other players two weeks ago when he set up a meeting of their officials and federal regulators to discuss possible solutions to the crisis gripping the market for high-risk secured loans. Such industry initiatives are preferable, in Dodd’s view, to any government bailout to cover mortgage loans in default.
'Other Stuff' At AfterTek - Page 3
This years unseasonably warm weather is putting a hurting on snowmobile sales accross the US. This is nothing new according to Polaris and Artic Cat, who are the only two American snowmobile makers – who blame the weather for slumping sales since the late 90’s.
“The industry has been down for basically a decade straight,” RBC Capital Markets analyst Edward Aaron said. This year was “probably the toughest of any of those years.” Sounds like a good time to find a Honda atv for sale, those probably won’t have any trouble selling.
A few years ago, an entry-level digital camera SLR with a lens cost around $1,000, which is beyond the budget of most consumers. Today, that price has dropped considerably. Nikon recently released the D40, a $600 compact digital SLR with a lens. Analyst Ross Rubin, of NPD believes that we’ll see a $500 SLR within the next year.
The lower prices have opened up the digital SLR market. According to NPD, sales of digital SLRs were up 48 percent from January to August of 2006, compared with the same period the previous year. Also in that same time period, sales of compact digital cameras were up 21 percent.