Latest Headlines

Delivering opening remarks at the Atlanta Fed's Financial Markets Conference, Dennis Lockhart , head of the Atlanta Federal Reserve (non-voter) sai...

NEW Dallas Fed Head Fisher Warns that Slowdown Will Be Prolonged but Not Very Deep

Tue, May 13 2008, 7:00 AM

Dallas Federal Reserve President Richard Fisher (voter) speaking at the Hilton Midland Plaza in Texas said that the current economic slowdown will...

NEW Results from Piecemeal Housing Plans Leave Doubts About Effectiveness

Tue, May 13 2008, 7:00 AM

Even as the House of Representatives passed two housing rescue bills and the Senate wrestles over a bill of its own, criticism is raining down o...

NEW Sliding Now

Mon, May 12 2008, 10:25 AM

NEW Sparkle and Fade brings us to another action-packed week.

Mon, May 12 2008, 9:39 AM

NEW MBS Extend Their Losses Over the Weekend, Busy Data Week To Follow...

Mon, May 12 2008, 7:43 AM

NEW A Blockbuster Week for Data

Mon, May 12 2008, 7:00 AM

It is going to be a blockbuster week for data in the U.S. with the release of tier one data. Markets will receive April's CPI report, retail sales...

NEW New Fannie Mae Program May Benefit 150,000 Homeowners

Mon, May 12 2008, 7:00 AM

Another program to aid in the subprime mortgage crisis has been announced by Fannie Mae . Under the new rules Fannie will refinance mortgages at ...

NEW continuing to slide towards the close

Mon, May 12 2008, 1:40 PM

NEW Dropping A bit (again)

Fri, May 9 2008, 12:36 PM

NEW More Volatility

Fri, May 9 2008, 9:41 AM

NEW Even after Lenders Release Pricing, MBS Dropping

Fri, May 9 2008, 8:45 AM

NEW Nose Dive

Fri, May 9 2008, 7:44 AM

NEW Good Morning and Good Morning

Fri, May 9 2008, 7:18 AM

NEW House Passes Second Half of Housing Rescue Plan Despite Veto Threat

Fri, May 9 2008, 7:00 AM

The latest bill would allow lenders to reduce their exposure to foreclosures if they agree to cut the outstanding balance of an existing loan, thu...

NEW Bill to Aid Communities Cope With Aftermath of Foreclosure Passes House

Fri, May 9 2008, 7:00 AM

The House late Thursday approved a narrowly focused bill that would provide $15 billion to the states to buy and spruce up foreclosed properties . ...

NEW Reprice Risk Waning

Thu, May 8 2008, 11:16 AM

NEW off the highs of the day

Thu, May 8 2008, 9:53 AM

NEW Insider Info

Thu, May 8 2008, 8:53 AM

NEW Fed, FTC Propose New Rules on Lenders

Thu, May 8 2008, 7:00 AM

The Federal Reserve and Federal Trade Commission proposed new rules on Thursday which would require lenders to inform consumers of unfavourable de...

NEW Economists Divided on What Jobless Claims Say About the Labor Market

Thu, May 8 2008, 7:00 AM

The current pace of jobless claims is relatively low compared to the previous recession, some economists say. However, others note that the rise i...

NEW MBS Faring Well Despite Better Than Expected Data

Thu, May 8 2008, 1:38 AM

NEW At the Highs of the Day

Thu, May 8 2008, 1:24 PM

NEW Holding Steady From Last Week

Wed, May 7 2008, 7:59 AM

NEW MBA Weekly U.S. Mortgage Applications Bounce Up 15.6%

Wed, May 7 2008, 7:00 AM

Weekly mortgage applications in the United States rose in the week ending May 2 following two weeks of declines, according to data from the Mortga...

NEW Deterioration in Pending Home Sales Confirms Broader Trend, Economists Say

Wed, May 7 2008, 7:00 AM

Economists say the March report for pending home sales confirms what has been known for many months now: the U.S. housing market is still several ...

NEW Jump in Mortgage Foreclosures is "Urgent Problem"

Wed, May 7 2008, 7:00 AM

Fed Governor Randall Kroszner said rising mortgage foreclosures are an " urgent problem " and called on Congress to pass a Fannie Mae and Freddie ...

NEW Consumer Credit Rises Well Above Forecasts in February

Wed, May 7 2008, 7:00 AM

Surprising to the upside, seasonally adjusted consumer debt rose $15.3 billion in March, according to data released Wednesday from the U.S. Federa...

NEW Kansas Fed's Hoenig Concerned Inflation May Prompt Interest Rate Hike

Wed, May 7 2008, 7:00 AM

Kansas City Fed President Thomas Hoenig (non-voter) says that inflation is becoming embedded in the economy and that may compel a significant int...

NEW Mortgage Rates Continue Pattern of Last Few Weeks - Little Movement

Wed, May 7 2008, 7:00 AM

Continued tight credit and worries about inflation worked to keep mortgage rates essentially locked into place during the week ended May 1 accordi...

NEW Now the News picks Up! (should be a volatile day)

Wed, May 7 2008, 6:21 AM

NEW Slight Drop

Tue, May 6 2008, 10:32 AM

NEW Slight Improvement Over Yesterday with Limited Data

Tue, May 6 2008, 7:14 AM

NEW Doubting the Viability of Fannie Mae

Tue, May 6 2008, 7:00 AM

With Washington increasingly relying on Fannie and Freddie to pick up the slack in buying mortgages and mortgage- backed securities - the two betw...

NEW Fannie Mae Reports Larger-Than-Expected Losses in Q1

Tue, May 6 2008, 7:00 AM

Deteriorating conditions in the U.S. housing market contributed to a larger-than-expected first quarterly loss from U.S. mortgage giant FNMA ( Fanni...

NEW Fed's Q1 Senior Loan Officer Survey Shows Broad Tightening of Loan Standards

Tue, May 6 2008, 7:00 AM

Lending standards at U.S. banks are increasingly stringent, according to the Federal Reserve's April 2008 Senior Loan Officer Opinion Survey on Ba...

NEW Foreclosures Must Be Averted for Sake of Economy

Tue, May 6 2008, 7:00 AM

Fed Chairman Ben Bernanke said accelerating rates of foreclosures and delinquencies can have a significant impact on the economy and called for mo...

NEW after the bell.

Tue, May 6 2008, 2:13 PM

NEW Holding Steady For Now

Mon, May 5 2008, 10:36 AM

NEW Some Rebound

Mon, May 5 2008, 9:02 AM