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2009/03/27

A Comeback for Jumbo Loans

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March 26, 2009
 

Insider Newsletter

A weekly summary of the best in BusinessWeek and BusinessWeek.com


NEWS  THIS WEEK'S TOP STORY

Jumbo Loans Could Make a Comeback

Luxury home sales could rise if
rates lower for jumbo loans.
But lenders will be stricter than
ever

Editor's Memo
Think borrowing is going out of style? Think again—many lenders are actively pursuing clients for jumbo loans. Read about the spit-shine they're putting on these big boys in our Top Story, "A Comeback for Jumbo Loans." But if you want one, be ready to prove you can handle it.

From the pages of BusinessWeek magazine we bring you the BW50, our 13th annual listing of top performers from Autodesk to Nucor. And in our Technology Channel, Arik Hesseldahl reviews RIM's new BlackBerry app that should give it a fighting chance against the iPhone.

We've got New Zealand wines and American cars. And check out our video with BW's David Kiley on how trading-down is the new black—especially when it comes to cars.
—Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
THE BW 50
The BusinessWeek 50: The Best Performers
From 3D software designer Autodesk to steelmaker Nucor, our 13th annual list of top performers shows innovation remains the engine of success

STRATEGIES
Conversations at the Heights of Media-Tech
McGraw Hill's Media Summit last week yielded thought-provoking insights from three top CEOs

NEWS
Can Geithner's Toxic-Asset Plan Work?
The Treasury Secretary's plan to rid banks of bad loans faces plenty of roadblocks. Only time will tell if it can succeed

  FROM BW.COM'S TECHNOLOGY CHANNEL
TELECOMMUNICATIONS
A Dell Smartphone Would Face Big Hurdles
Instead of rushing to compete with the entrenched iPhone and BlackBerry, Michael Dell & Co. should consider making larger mobile Internet devices, or buying Palm

TELECOMMUNICATIONS
Will Xobni Help BlackBerry Take On the iPhone?
RIM's $3.2 million investment should give the BlackBerry a smart app for managing e-mail in its war with Apple

  FROM BW.COM'S SMALLBIZ CHANNEL
SMART ANSWERS
Easing Access to Credit: Pros and Cons
President Obama recently unveiled plans to spur lending to small businesses. Experts detail the benefits and drawbacks of taking on debt

VIEWPOINT
The Right People vs. Getting the People Right
Now's the time to put your weakest players through a development program or make them available to the industry, says Keith McFarland

GETTING STARTED
America's Most Promising Startups
Welcome to our ongoing series profiling startups from across the country. We'll be asking for your suggestions and adding profiles on a regular basis

  FROM BW.COM'S ASIA & EUROPE CHANNELS
CHINA
China Talks Tough with Call to Dump Dollar
China's top central banker says it's time to replace the country's reliance on the dollar, but such a move likely won't happen any time soon

COMPANIES
Nespresso Pitches 'Luxury' Coffee for Lean Times
The Nestlé unit is campaigning to sell premium-priced espresso machines and prepackaged coffee capsules to recession-plagued U.S. consumers

  FROM BW.COM'S LIFESTYLE CHANNEL
AUTOS
Billions for Auto Suppliers' Bailout
Beleaguered parts makers could get as much as $5 billion in government funding "no matter what happens" to the car companies

AUTOS
Buick Earns Highest Dependability Marks
But Toyota dominates J.D. Power's dependability ranking, with five of its models scoring in the top 10. Volkswagen and Suzuki place last

NICK PASSMORE: WINE OF THE WEEK
Classy Kiwi Sauvignon Blanc
Shepherd's Ridge sauvignon blanc from New Zealand is not only a standout wine—it's also a terrific bargain

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
INNOVATION
NCIIA: Promoting Student Inventors
The NCIIA's March Madness for the Mind is an annual competition that lets college students get their ideas closer to the marketplace

INNOVATION
What Can Tata's Nano Teach Detroit?
As the commercial model of India's microcar is unveiled, U.S. carmakers would do well to learn from the innovations that brought it about

DESIGN
For Gloomy Times, New Products for the Home
While buying a car might not be on the agenda these days, the International Home & Housewares Show presents more realistic indulgences

  FROM BW.COM'S INVESTING CHANNEL
INVESTING
Toxic-Asset Plan: Tricky Times Ahead
The Treasury's program to cleanse bank balance sheets may be hampered by banks' unwillingness to pony up bad loans—and investors' fears of political risk

GENE MARCIAL'S STOCK PICKS
Marcial: Core Labs, a Prime Pick in the Energy Patch
Analysts expect the Dutch company, which helps oil and gas companies boost their output, to benefit from its savvy technology and strength overseas

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