Learn. Share. Connect. (52,390 Members)  - Join

December 2008 - Around The Web



Site Tools

Join Now or Sign In
for Full Access to All Features
What is
'Around the Web'?

It is a continuously updated stream of news from around the web.  Visit throughout the day for the latest breaking news.

Have News to Share ?
Members are encouraged to suggest stories for Around the Web.  Click the 'Suggest a Story' link to sumbit a link for review by our editors.

+ Suggest a Story

Syndication

Archive List

  • Houses That Sit — Blue Carpet, Bad Feng Shui, Bad Design
    Published Tue, Dec 02 2008 11:54 AM by feeds.feedburner.com
    I couldn’t resist bringing to light a funny blog post I saw recently by . She wrote a post in ActiveRain titled, “.” It’s refreshing to see this kind of frankness from an agent and it should be required reading for anyone selling their home. Of course...
  • Investors sue Countrywide to force loans purchase
    Published Mon, Dec 01 2008 3:28 PM by Reuters
    NEW YORK (Reuters) - A group of bond investors on Monday sued Bank of America -owned Countrywide Financial demanding that Countrywide buy every mortgage loan for which it agrees to reduce the payments under a predatory lending settlement agreement.
  • Bush: `I'm sorry' the economic crisis is occurring
    Published Mon, Dec 01 2008 2:58 PM by www.washingtonpost.com
    WASHINGTON -- President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.
  • The Fed: Bernanke says Fed still has arrows in quiver
    Published Mon, Dec 01 2008 2:57 PM by www.marketwatch.com
    The Federal Reserve has lowered interest rates just about as far as they can go, but the U.S. central bank still has plenty of available firepower it could deploy to restore financial markets to normal, Fed Chairman Ben Bernanke says.
  • Voluntary Foreclosure Moratorium Launched in Florida
    Published Mon, Dec 01 2008 2:57 PM by www.thetruthaboutmortgage.com
    Well, it looks as if a foreclosure moratorium has made its way to the Sunshine state, though it’s not as cut and dry as similar proposals. The proposal is voluntary, and relies on the member institutions of the Florida Bankers Association and the Florida...
  • Poor Oversight to Blame for Mortgage Crisis
    Published Mon, Dec 01 2008 2:57 PM by www.thetruthaboutmortgage.com
    Many consumers, economists, homeowners, and lenders alike have been scratching their heads for months now, wondering what led to such an unprecedented housing crisis. And while there may not be one answer (no, it’s not the mortgage brokers’ fault), but...
  • For Manhattan, The Issue Is Now Those Maintenance Fees
    Published Mon, Dec 01 2008 1:54 PM by CNBC
    Posted By: Given the chance to chat with several co-op owners, I asked the expected question: Will all the Wall Street layoffs really put a bullet in the island’s real estate market? The answers were mixed, some citing the still-high demand for housing...
  • J.P. Morgan sees Fed cutting rates to zero in Jan
    Published Mon, Dec 01 2008 1:54 PM by Reuters
    NEW YORK (Reuters) - The Federal Reserve will lower its policy rate to zero percent by January in its attempt to avert a prolonged recession and to revive the struggling credit market, according to J.P. Morgan Securities analysts.
  • Bush Officials Delayed Crackdown on Risky Mortgages
    Published Mon, Dec 01 2008 1:54 PM by CNBC
    The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. Topics: | | | | | | | | | Sectors: | Companies...
  • Mortgage insurers see defaults rise again in October
    Published Mon, Dec 01 2008 12:20 PM by www.marketwatch.com
    Insured mortgage defaults rose again in October, but the number of loans brought up to date also increased, according to a report by Mortgage Insurance Companies of America. The association of the largest mortgage insurers said Monday that 80,071 mortgages...
  • Freddie Mac Issues Another $1 Billion In Five-year Notes
    Published Mon, Dec 01 2008 11:01 AM by feeds.foxbusiness.com
    Freddie Mac Issues Another $1 Billion In Five-year Notes
  • AIG sells its Private Bank
    Published Mon, Dec 01 2008 11:00 AM by rss.cnn.com
    Read full story for latest details.
  • Trillions in Credit Line Cuts Ahead: Whitney
    Published Mon, Dec 01 2008 11:00 AM by CNBC
    The credit-card industry may pull back well over $2 trillion of lines over the next 18 months banking analyst Meredith Whitney said. Topics: | | | | Sectors: | MEDIA:
  • RBS promises mortgage respite
    Published Mon, Dec 01 2008 11:00 AM by www.ft.com
    The political and public campaign to force Britain's banks to do more to help customers weather the economic downturn will gain impetus today with a promise from Royal...
  • Construction Spending Declines in October
    Published Mon, Dec 01 2008 10:46 AM by Calculated Risk Blog
    The Census Bureau reported this morning that private non-residential construction decreased in October with declines in both residential and non-residential spending. I expect that non-residential investment will decline sharply over the next year or...
  • Will Obama Stand By His Foreclosure Moratorium and Bankruptcy Promises?
    Published Mon, Dec 01 2008 10:45 AM by loanworkout.org
    Below are promises made to Main Street homeowners during President-Elect Obama‘s campaign in his own words from BarackObama.com. “The final plan must provide help to families who are struggling to stay in their homes. We cannot simply bailout Wall Street...
  • Housing Update - How Far To The Bottom?
    Published Mon, Dec 01 2008 10:45 AM by feeds.feedburner.com
    Inquiring minds have been asking for another housing update. My previous update was was on February 15,2008 in . I did not remember Bernanke's comments at the time but looking back now they sure seem funny. CNBC is reporting . Federal Reserve Chairman...
  • Loan Delinquency Data Suggest We're Nowhere Near a Great Depression II
    Published Mon, Dec 01 2008 10:45 AM by Seeking Alpha
    submits: The chart above shows delinquency rates for business and agricultural loans at all U.S. commercial banks from 1987:Q1 to 2008:Q3 using recently released through the third quarter. In both cases, delinquency rates for agricultural and business...
  • Houses That Sit — Blue Carpet, Bad Feng Shui, Bad Design
    Published Tue, Dec 02 2008 11:54 AM by feeds.feedburner.com
    I couldn’t resist bringing to light a funny blog post I saw recently by . She wrote a post in ActiveRain titled, “.” It’s refreshing to see this kind of frankness from an agent and it should be required reading for anyone selling their home. Of course...
  • Investors sue Countrywide to force loans purchase
    Published Mon, Dec 01 2008 3:28 PM by Reuters
    NEW YORK (Reuters) - A group of bond investors on Monday sued Bank of America -owned Countrywide Financial demanding that Countrywide buy every mortgage loan for which it agrees to reduce the payments under a predatory lending settlement agreement.
  • Bush: `I'm sorry' the economic crisis is occurring
    Published Mon, Dec 01 2008 2:58 PM by www.washingtonpost.com
    WASHINGTON -- President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.
  • The Fed: Bernanke says Fed still has arrows in quiver
    Published Mon, Dec 01 2008 2:57 PM by www.marketwatch.com
    The Federal Reserve has lowered interest rates just about as far as they can go, but the U.S. central bank still has plenty of available firepower it could deploy to restore financial markets to normal, Fed Chairman Ben Bernanke says.
  • Voluntary Foreclosure Moratorium Launched in Florida
    Published Mon, Dec 01 2008 2:57 PM by www.thetruthaboutmortgage.com
    Well, it looks as if a foreclosure moratorium has made its way to the Sunshine state, though it’s not as cut and dry as similar proposals. The proposal is voluntary, and relies on the member institutions of the Florida Bankers Association and the Florida...
  • Poor Oversight to Blame for Mortgage Crisis
    Published Mon, Dec 01 2008 2:57 PM by www.thetruthaboutmortgage.com
    Many consumers, economists, homeowners, and lenders alike have been scratching their heads for months now, wondering what led to such an unprecedented housing crisis. And while there may not be one answer (no, it’s not the mortgage brokers’ fault), but...
  • For Manhattan, The Issue Is Now Those Maintenance Fees
    Published Mon, Dec 01 2008 1:54 PM by CNBC
    Posted By: Given the chance to chat with several co-op owners, I asked the expected question: Will all the Wall Street layoffs really put a bullet in the island’s real estate market? The answers were mixed, some citing the still-high demand for housing...
  • J.P. Morgan sees Fed cutting rates to zero in Jan
    Published Mon, Dec 01 2008 1:54 PM by Reuters
    NEW YORK (Reuters) - The Federal Reserve will lower its policy rate to zero percent by January in its attempt to avert a prolonged recession and to revive the struggling credit market, according to J.P. Morgan Securities analysts.
  • Bush Officials Delayed Crackdown on Risky Mortgages
    Published Mon, Dec 01 2008 1:54 PM by CNBC
    The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. Topics: | | | | | | | | | Sectors: | Companies...
  • Mortgage insurers see defaults rise again in October
    Published Mon, Dec 01 2008 12:20 PM by www.marketwatch.com
    Insured mortgage defaults rose again in October, but the number of loans brought up to date also increased, according to a report by Mortgage Insurance Companies of America. The association of the largest mortgage insurers said Monday that 80,071 mortgages...
  • Freddie Mac Issues Another $1 Billion In Five-year Notes
    Published Mon, Dec 01 2008 11:01 AM by feeds.foxbusiness.com
    Freddie Mac Issues Another $1 Billion In Five-year Notes
  • AIG sells its Private Bank
    Published Mon, Dec 01 2008 11:00 AM by rss.cnn.com
    Read full story for latest details.
  • Trillions in Credit Line Cuts Ahead: Whitney
    Published Mon, Dec 01 2008 11:00 AM by CNBC
    The credit-card industry may pull back well over $2 trillion of lines over the next 18 months banking analyst Meredith Whitney said. Topics: | | | | Sectors: | MEDIA:
  • RBS promises mortgage respite
    Published Mon, Dec 01 2008 11:00 AM by www.ft.com
    The political and public campaign to force Britain's banks to do more to help customers weather the economic downturn will gain impetus today with a promise from Royal...
  • Construction Spending Declines in October
    Published Mon, Dec 01 2008 10:46 AM by Calculated Risk Blog
    The Census Bureau reported this morning that private non-residential construction decreased in October with declines in both residential and non-residential spending. I expect that non-residential investment will decline sharply over the next year or...
  • Will Obama Stand By His Foreclosure Moratorium and Bankruptcy Promises?
    Published Mon, Dec 01 2008 10:45 AM by loanworkout.org
    Below are promises made to Main Street homeowners during President-Elect Obama‘s campaign in his own words from BarackObama.com. “The final plan must provide help to families who are struggling to stay in their homes. We cannot simply bailout Wall Street...
  • Housing Update - How Far To The Bottom?
    Published Mon, Dec 01 2008 10:45 AM by feeds.feedburner.com
    Inquiring minds have been asking for another housing update. My previous update was was on February 15,2008 in . I did not remember Bernanke's comments at the time but looking back now they sure seem funny. CNBC is reporting . Federal Reserve Chairman...
  • Loan Delinquency Data Suggest We're Nowhere Near a Great Depression II
    Published Mon, Dec 01 2008 10:45 AM by Seeking Alpha
    submits: The chart above shows delinquency rates for business and agricultural loans at all U.S. commercial banks from 1987:Q1 to 2008:Q3 using recently released through the third quarter. In both cases, delinquency rates for agricultural and business...
« First ... < Previous 14 15 16 17 18
Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2009 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.