Around The Web - Mortgage News Daily

Place your ad here

Select a Date

Use the calendar to view news headlines from a specific date.

Today | Yesterday | Random

Builder Confidence Sees Sharpest Rise Since 2002; Rates Slightly Higher; Volatile Markets Ahead of Fed

Published: 6/17/2013

VIEW | SUBSCRIBE | ARCHIVE

Suggest a Story

Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.

Please add 7 and 4 and type the answer here:

Leave this field blank.

RSS

View All RSS Feeds

Around The Web » 12/10/2012

Home » News Headlines » Around The Web Home

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.

» Click any link below to read more.

Mon, Dec 10 2012
11:46 PM » Obama Housing Official to Join Wells Fargo
Published Mon, Dec 10 2012 11:46 PM by WSJ
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Bob Ryan, who served as a top housing adviser in the Obama administration, will depart for a senior mortgage-banking position at Wells Fargo & Co. next month, the bank said on Monday.

Click Here to Read the Full Article

Source: WSJ
11:45 PM » Mortgage Putbacks vs "Stability"
Published Mon, Dec 10 2012 11:45 PM by The Big Picture
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Every time I bump into a colleague who worked with Tim Geithner during the crisis, we always seem to get into a good natured argument over the bailouts. He insisted that what was done HAD to be done for stability’s sake; I insist that there were other better options to take — but even if [...]

Click Here to Read the Full Article

Source: The Big Picture
11:43 PM » BofA's Suit Over Taylor Bean Fraud Can Proceed, Judge Says - Bloomberg
Published Mon, Dec 10 2012 11:43 PM by Bloomberg
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
BofA's Suit Over Taylor Bean Fraud Can Proceed, Judge Says Bloomberg Bank of America Corp. can proceed with some claims against the Federal Deposit Insurance Corp. over $1.75 billion in corporate client losses stemming from a mortgage-fraud scheme at failed lender Taylor, Bean & Whitaker Mortgage Corp., a federal judge ...

Click Here to Read the Full Article

Source: Bloomberg
11:39 PM » Treasury Breakeven Rate Is Near One-Month High Before Fed Meets - Bloomberg
Published Mon, Dec 10 2012 11:39 PM by Bloomberg
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Treasury Breakeven Rate Is Near One-Month High Before Fed Meets Bloomberg The Treasury 10-year breakeven rate was near a one-month high before Federal Reserve policy makers start a two-day policy meeting today. The benchmark 10-year yield was within a quarter percentage point of the record low as dealers that trade with the ... and more »

Click Here to Read the Full Article

Source: Bloomberg
11:36 PM » Euro Zone Must Press Ahead With Reforms: EU's Rehn
Published Mon, Dec 10 2012 11:36 PM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Reforms have helped to rebalance the euro zone economy, but the bloc must continue with these efforts to restore confidence, says the EU's top economics official Olli Rehn.

Click Here to Read the Full Article

Source: CNBC
11:34 PM » The Housing Market Is Not Only for Homeowners
Published Mon, Dec 10 2012 11:34 PM by www.americanprogress.org
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
As we chart the path to housing finance reform in the coming months, we must pursue approaches that create a lasting 21st-century finance system and meet the needs of both renters and homeowners.

Click Here to Read the Full Article

Source: www.americanprogress.org
11:32 PM » US to Sell Rest of AIG Stock, Ending $182 Billion Rescue
Published Mon, Dec 10 2012 11:32 PM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
The U.S. Treasury is selling its remaining stake in insurer American International Group, bringing an end to government ownership of the company about four years after a $182 billion bailout.

Click Here to Read the Full Article

Source: CNBC
4:17 PM » Bank Lobbying Group Taps Former Bush Treasury Official as Next Chief
Published Mon, Dec 10 2012 4:17 PM by WSJ
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Former senior U.S. Treasury official Tim Adams will succeed Charles Dallara as the head of the Institute of International Finance, a group that represents more than 470 of the world's largest financial companies, the group said Monday.

Click Here to Read the Full Article

Source: WSJ
4:17 PM » Freddie Mac: Mortgage Rates to Stay Low, Property Values to Rise in 2013
Published Mon, Dec 10 2012 4:17 PM by WSJ
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Mortgage rates are likely to remain near record lows for the first half of 2013, while property values are expected to strengthen, said mortgage-finance company Freddie Mac.

Click Here to Read the Full Article

Source: WSJ
1:50 PM » Wells Fargo Adds Freddie Mac's Reiter for Loan Research
Published Mon, Dec 10 2012 1:50 PM by Business Week
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Wells Fargo Adds Freddie Mac's Reiter for Loan Research Businessweek Wells Fargo & Co. (WFC), the biggest U.S. home lender, hired Greg Reiter from Freddie Mac to run residential mortgage research at its securities unit. Reiter, 49, will be based in Charlotte, North Carolina, and lead a team responsible for producing research, ...

Click Here to Read the Full Article

Source: Business Week
1:47 PM » Freddie Mac: December 2012 U.S. Economic and Housing Market Outlook
Published Mon, Dec 10 2012 1:47 PM by Freddie Mac
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
MCLEAN, Va., Dec. 10, 2012 /PRNewswire/ -- Freddie Mac (OTC:FMCC) released today its U.S. Economic and Housing Market Outlook for December showing what some of the market features are expected to l...

Click Here to Read the Full Article

Source: Freddie Mac
12:24 PM » White House Seeking New Regulator for Fannie, Freddie
Published Mon, Dec 10 2012 12:24 PM by blogs.wsj.com
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
The White House has begun preparations to nominate a new director to lead the agency that oversees Fannie Mae and Freddie Mac as soon as early next year, according to people familiar with the discussions. This would pave the way for President Barack Obama to fill what has become one of the most important economic policy positions in Washington. The director the Federal Housing Finance Agency has emerged as a key policymaker because it is the principal gatekeeper to Fannie and Freddie, the mortgage giants that own or guarantee half of all mortgages, at a time when broken mortgage markets have become a top concern of officials at the White House and the Federal Reserve.

Click Here to Read the Full Article

Source: blogs.wsj.com
11:35 AM » Corker: Why We Should Just Raise Taxes on the Rich
Published Mon, Dec 10 2012 11:35 AM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Republicans need to let tax rates on the rich rise to change the debate from taxes to more important entitlement reforms, Republican Senator Bob Corker told CNBC on Monday.

Click Here to Read the Full Article

Source: CNBC
11:14 AM » Novemeber Mortgage Insurance Issuance from MGIC
Published Mon, Dec 10 2012 11:14 AM by phx.corporate-ir.net
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
MILWAUKEE, Dec. 10, 2012 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of November 2012 for their primary mortgage insurance. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases. The information concerning new notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan se...

Click Here to Read the Full Article

Source: phx.corporate-ir.net
11:12 AM » Supreme Court rejects taxpayer challenge to AIG bailout
Published Mon, Dec 10 2012 11:12 AM by Reuters
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
(Reuters) - The Supreme Court on Monday refused to hear an appeal by a taxpayer who claimed the government's 2008 bailout of the insurer American International Group Inc violated the constitutional separation of church and state.

Click Here to Read the Full Article

Source: Reuters
9:43 AM » '40% Chance' of Fiscal Cliff Deal Before Year End: Bowles
Published Mon, Dec 10 2012 9:43 AM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
"There's a 40 percent chance of a fiscal cliff deal before year end," Erskine Bowles, co-chair of President Obama's 2010 debt commission, told CNBC.

Click Here to Read the Full Article

Source: CNBC
9:42 AM » Fredde Mac Chief Economist: Peering into 2013
Published Mon, Dec 10 2012 9:42 AM by Freddie Mac
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
By Chief Economist Frank E. Nothaft The last few months brought good news for the U.S. housing market: construction up, more home sales, and home value growth turning positive. This has been a big change from a year ago. Given that, what are our crystal ball predictions for housing in 2013? Mortgage Rates Stay Low. Look for fixed-rate mortgage rates to remain near their 65-year record lows for the first half of 2013 then begin rising a bit in the tail end of next year, but staying below 4 percent. In the single-family market, this means homebuyer affordability should remain very high in 2013 for those with good credit history, stable income, and sufficient savings. Read More

Click Here to Read the Full Article

Source: Freddie Mac
9:16 AM » Fannie Mae: Improving Consumer Attitudes Suggest Continued Strength in Housing Market
Published Mon, Dec 10 2012 9:16 AM by Fannie Mae
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Despite continued uncertainty surrounding the fiscal cliff, Americans are showing increased confidence in the housing market and the direction of the ...

Click Here to Read the Full Article

Source: Fannie Mae
7:58 AM » Homebuilders Boom as Lending Masks Uneven Recovery
Published Mon, Dec 10 2012 7:58 AM by Bloomberg
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
Homebuilders Boom as Lending Masks Uneven Recovery Bloomberg Construction is taking a back seat to lending for some U.S. homebuilders, turning the uneven housing recovery into an earnings boom. At PulteGroup Inc., the second-largest builder by market value, mortgage revenue jumped 70 percent in the third quarter, ...

Click Here to Read the Full Article

Source: Bloomberg
7:54 AM » US and UK Unveil Failing Banks Plan
Published Mon, Dec 10 2012 7:54 AM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
U.S. and U.K. regulators will unveil the first cross-border plans to deal with failing global banks on Monday, outlining proposals to force shareholders and creditors on both sides of the Atlantic to take losses and to ensure sufficient capital exists in the banks' headquarters to protect taxpayers.

Click Here to Read the Full Article

Source: CNBC
7:53 AM » Stocks Called Lower as Italy Shakes Markets
Published Mon, Dec 10 2012 7:53 AM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
U.S. stock market futures were expected to open lower on Monday morning as the return of Silvio Berlusconi to Italian frontline politics shook European markets.

Click Here to Read the Full Article

Source: CNBC
7:53 AM » Berlusconi's Back: Italian Banks and Bonds in Trouble
Published Mon, Dec 10 2012 7:53 AM by CNBC
- Email Link
- Share
  
         Facebook
  
         Twitter
  
         LinkedIn
  
         Digg
  
         Google Plus
  
         StumbleUpon
  
         del.icio.us
  
         MySpace
  
         Yahoo! Buzz
- Favorites ↓ More
  
  Favorites ↓ More
  
  To Access your Favorites
  
  Join Now or Sign in
  
  Bookmark
- Subscribe ↓ More
  
  Subscribe ↓ More
  
  Email
  
  Daily Newsletter
  
  View All Email Options
  
  RSS
  
  All Headlines
  
  Video
  
  Around The Web
  
  View All RSS Feeds
You can't keep Silvio Berlusconi down. A lesser man might be chastened by being turfed out of the Prime Minister's office, an ongoing trial involving a sex scandal, or a conviction for fraud. Yet Italy's longest-serving leader since the Second World War confirmed what had been long-rumored on Saturday -he is planning a comeback just a year after an ignoble exit from office.

Click Here to Read the Full Article

Source: CNBC

More From MND