August 2008 - MND NewsWire

Place your ad here

Latest Video

Investor-Driven Real Estate Boom Breakdown; Mortgage Rates, Bond Markets Bounce Ahead of Fed Minutes

Published: 5/21/2013

VIEW | SUBSCRIBE | ARCHIVE

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Channel Options ↓ More

MND NewsWire Headlines

RSS

EMAIL ALERTS

News » MND NewsWire

Home » News Headlines » MND NewsWire Home

About this Channel

MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

Sort by: Most Recent | Most Viewed | Most Commented

FDIC's Problem Bank List Continues to Grow

Comments (0)

Read More

by Glenn Setzer on August 27 2008, 7:00 AM

Sheila C. Bair , chairman of the FDIC said, "By any yardstick, it was another rough quarter for bank earnings, but the results were not unexpected as the industry coped with financial market disruptions, the housing slump, worsening economic conditions...
Tax Maven Warns of Problems with New Housing Bill

Comments (9)

Read More

by Glenn Setzer on August 01 2008, 7:00 AM

The Housing Assistance Act of 2008 , finally passed by both houses of Congress and signed into law by President Bush this week, contains some not-to-pleasant surprises for the unwary taxpayer according to an article by Eva Rosenberg published this week...
Not-so-Happy Credit Squeeze Milestone

Comments (3)

Read More

by Glenn Setzer on August 07 2008, 7:00 AM

Several television financial correspondents were announcing at the beginning of this week that Monday was the first anniversary of the credit squeeze . It is unclear whether any one day can claim that dubious distinction, but August 2007 was certainly...
Will Vacant Retail Space Fuel the Next Real Estate Bust?

Comments (5)

Read More

by Glenn Setzer on August 12 2008, 7:00 AM

Five years ago I moved from Boston to Southeast Georgia and was immediately plunged into shoppers� hell. Not only was there no Costco (70 miles to the closest one) or Crate and Barrel (five hours away in Atlanta), there wasn�t a major retailer of pet...
Foreclosures Loom as Possible Public Health Menace

Comments (4)

Read More

by Glenn Setzer on August 18 2008, 7:00 AM

It seems hard to believe, but there appears to be yet one more thing for which we can blame the mortgage crisis . And this is not a financial problem; it is a public health concern. Several cable networks have reported over the last few weeks that the...
More Negative Press for Fannie and Freddie

Comments (1)

Read More

by Glenn Setzer on August 19 2008, 7:00 AM

Last week former Federal Reserve Chairman Alan Greenspan strongl y criticized the form of the Congressionally mandated Freddie Mac/Fannie Mae "backstop" program and a survey by the Wall Street Journal found that a small majority of economists involved...
Expect Two More 'Waves' of U.S. Foreclosures, Economist Warns

Comments (10)

Read More

August 20 2008, 7:00 AM

While the U.S is currently in the midst of the largest bout of home foreclosures in at least 30 years, at least one economist says two more 'waves' are likely on the way . Patrick Newport, a housing economist at Global Insight, said the next round of...
Canadians Top List of Foreign Buyers of U.S. Property, NAR Says

Comments (0)

Read More

August 07 2008, 7:00 AM

Canadians are flocking to snatch up property in the U.S. as a result of affordable house prices and attractive exchange rates, the National Association of Realtors says. Since May 2007, NAR estimates that between 150,000 and 190,000 homes in the U.S....
Alan Greenspan Sees Housing Prices Sort of Hitting Bottom in mid-2009

Comments (3)

Read More

by Glenn Setzer on August 15 2008, 7:00 AM

Greenspan said that he expects housing prices to begin to stabilize in the first half of 2009 although they could continue to drift lower for quite some time thereafter, even after essentially reaching bottom. Greenspan, however, is not changing his long...
Fed's Fisher Says FOMC Cannot Risk Credibility, Must Act if Inflation Continues

Comments (0)

Read More

August 19 2008, 7:00 AM

The Federal Reserve must be prepared to take action and curb inflation if slowing growth doesn't moderate prices as expected, said the most hawkish member of the FOMC on Tuesday. Dallas Fed President Richard Fisher (voter), who has dissented from keeping...
Freddie Mac Announces Huge Second Quarter Losses

Comments (0)

Read More

by Glenn Setzer on August 06 2008, 7:00 AM

Freddie Mac released its second quarter 2008 financial statements on Wednesday revealing some staggering losses. The nation's second largest mortgage company said that losses in the second quarter totaled $821 million or $1.63 per share compared with...
Economists Say U.S. PCE Core Deflator Adds to Hawkish View

Comments (0)

Read More

August 04 2008, 7:00 AM

Economists say the personal income and spending report from the U.S. Department of Commerce posted higher-than- anticipated results for June due to downward revisions to the prior two months. Rising inflation adds to the hawkish viewpoint at the Fed,...
Mortgage Rates Drop Slightly but Loan Applications Way Down from 2007 Levels

Comments (0)

Read More

by Glenn Setzer on August 27 2008, 7:00 AM

Mortgage interest rates broke through the gridlock of the last few weeks and, with the exception of one-year adjustable rates, moved lower. Mortgage activity as measured by the volume of loan applications increased by a marginal 0.5 percent on a seasonally...
Warren Buffet Says U.S. Economy Could be Worse off in Five Months

Comments (2)

Read More

August 22 2008, 7:00 AM

The U.S. economy continues to be in recession and will continue to be for some time, according to billionaire investor Warren Buffet . Appearing on CNBC Friday morning, Buffet said he is confident the economy is in recession because......
What's Priced In: Current Market Expectations for Future Monetary Policy

Comments (0)

Read More

August 21 2008, 7:00 AM

Markets are currently pricing in the following probabilities for future interest rate moves as of the close on Wednesday: FED- OIS Implied Rates Markets are pricing in a 12% chance of a 25bp hike by the next meeting on Sept. 16. Markets are pricing in...

1 2 3 4 5 Next > ... Last »

More From MND