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February 2009 - Around The Web



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  • Banks Bypassing Mortgage Brokers
    Published Mon, Feb 02 2009 9:09 AM by www.nytimes.com
    MORTGAGE brokers have long served as an important loan source. Compared with the loan officer at a local bank, brokers typically offer a wider range of mortgage products from a variety of lending institutions. But now some brokers are concerned that they might become marginalized, as some of the nation’s largest lenders move to block them from offering their loans.
  • Housing bust hits hard in small NC factory town
    Published Mon, Feb 02 2009 9:02 AM by finance.yahoo.com
    When this Appalachian town's light-switch plant went dark, fortunes dimmed for Jeff and Amanda Ruegsegger, and hundreds of their neighbors.
  • Derivatives Alert: Explosive Risk Is Still Unrecognized
    Published Mon, Feb 02 2009 8:59 AM by Seeking Alpha
    submits: The Federal Reserve Bank of New York has been pushing for greater transparency in the credit default swap market. But the total notional value of CDS contracts outstanding amounts to less than 5% of the entire derivatives spectrum. So what is...
  • Bank Nationalization - The Max Holmes Proposal
    Published Mon, Feb 02 2009 8:59 AM by Seeking Alpha
    submits: In Sunday’s New York Times, a variation on the “bad bank” and “bank nationalization” debate. Mr. Holmes is an adjunct professor at the Stern Graduate School of Business at New York University, chief investment officer of an asset management firm...
  • Obama wants tough conditions for banks
    Published Sun, Feb 01 2009 11:05 AM by www.ft.com
    Barack Obama said he was committed to "doing what it takes to maintain the flow of credit" but made clear that additional support for the financial sector would come with tough conditions
  • Banks Bypassing Mortgage Brokers
    Published Mon, Feb 02 2009 9:09 AM by www.nytimes.com
    MORTGAGE brokers have long served as an important loan source. Compared with the loan officer at a local bank, brokers typically offer a wider range of mortgage products from a variety of lending institutions. But now some brokers are concerned that they might become marginalized, as some of the nation’s largest lenders move to block them from offering their loans.
  • Housing bust hits hard in small NC factory town
    Published Mon, Feb 02 2009 9:02 AM by finance.yahoo.com
    When this Appalachian town's light-switch plant went dark, fortunes dimmed for Jeff and Amanda Ruegsegger, and hundreds of their neighbors.
  • Derivatives Alert: Explosive Risk Is Still Unrecognized
    Published Mon, Feb 02 2009 8:59 AM by Seeking Alpha
    submits: The Federal Reserve Bank of New York has been pushing for greater transparency in the credit default swap market. But the total notional value of CDS contracts outstanding amounts to less than 5% of the entire derivatives spectrum. So what is...
  • Bank Nationalization - The Max Holmes Proposal
    Published Mon, Feb 02 2009 8:59 AM by Seeking Alpha
    submits: In Sunday’s New York Times, a variation on the “bad bank” and “bank nationalization” debate. Mr. Holmes is an adjunct professor at the Stern Graduate School of Business at New York University, chief investment officer of an asset management firm...
  • Obama wants tough conditions for banks
    Published Sun, Feb 01 2009 11:05 AM by www.ft.com
    Barack Obama said he was committed to "doing what it takes to maintain the flow of credit" but made clear that additional support for the financial sector would come with tough conditions
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