Thu, Jan 17 2008, 10:17 AM
Thu, Jan 17 2008, 8:00 AM
As expected, Merrill Lynch became the umpteenth
financial institution to take record write-downs linked to the sub-prime
mortgage fiasco. The U.S....
Thu, Jan 17 2008, 8:00 AM
Freddie Mac has just released the results of its 24th Annual
adjustable rate mortgage (ARM) Survey .
The survey, a snapshot of the market taken d...
Thu, Jan 17 2008, 8:00 AM
Housing starts took another nose-dive in December
according to a joint release from the U.S. Census Bureau and the
Department of Housing and Urban ...
Thu, Jan 17 2008, 2:58 PM
Thu, Jan 17 2008, 2:15 PM
Wed, Jan 16 2008, 11:53 AM
Wed, Jan 16 2008, 9:42 AM
Wed, Jan 16 2008, 8:11 AM
Wed, Jan 16 2008, 8:00 AM
Mortgage rates plummeted last week as week economic
reports, chiefly jobs and unemployment reports came in at the weakest
levels in several years. ...
Tue, Jan 15 2008, 8:00 AM
According to Reuters, the investment group said that Citi's "failure
to manage mortgage-related risk " cost shareholders $126
in share value when t...
Tue, Jan 15 2008, 3:00 AM
Mon, Jan 14 2008, 12:38 PM
Mon, Jan 14 2008, 9:30 AM
Mon, Jan 14 2008, 8:00 AM
The National Association of Realtors ( NAR ) announced
on Monday that it is launching a new campaign , reaching
out to consumers "with the facts ab...
Mon, Jan 14 2008, 1:01 PM
Sat, Jan 12 2008, 8:00 AM
Well there certainly are a lot of opinions in the news media out there
concerning the economy, lenders, recession, etc...
Let's just apply some co...
Fri, Jan 11 2008, 8:00 AM
...By late afternoon both Reuters and the Wall Street Journal were
reporting the rumor as fact, saying that Bank of America
was preparing to follo...
Thu, Jan 10 2008, 10:28 AM
Thu, Jan 10 2008, 8:00 AM
Wednesday Goldman Sachs became the latest "authority" to say that the
United States may be slipping toward an outright
recession , and that the hou...
Thu, Jan 10 2008, 8:00 AM
The headlines read " Chairman Bernanke Says Fed
Ready to Cut Interest Rates as Needed." Well, not
exactly. What Federal Reserve Chairman Ben Bern...
Thu, Jan 10 2008, 1:35 PM
Wed, Jan 9 2008, 8:00 AM
Interest rates were down significantly during the
week ended January 5, but the big news was the surge in mortgage
applications that welcomed in ...
Wed, Jan 9 2008, 8:00 AM
An administration official stated on Tuesday that the White House was
involved in discussions with mortgage industry officials about expanding
the c...
Wed, Jan 9 2008, 8:00 AM
Countrywide, the nation's largest mortgage lender, denied that there
was any truth to the rumors that it might seek bankruptcy protection but,
acco...
Tue, Jan 8 2008, 10:36 AM
Tue, Jan 8 2008, 8:00 AM
According to a press release from the Conference of State Bank
Supervisors (CSBS) and the American Association of Residential Mortgage
Regulators (A...
Mon, Jan 7 2008, 8:00 AM
The credit scoring system is being tweaked again as Fair Isaac
Corporation, developer of the FICO credit score rolls out a new model
dubbed FICO 08...
Fri, Jan 4 2008, 10:05 AM
Fri, Jan 4 2008, 8:00 AM
National City Corporation , one of the 10 largest
banks in the country, will eliminate 900 jobs. The cuts will affect
approximately one-seventh of t...
Thu, Jan 3 2008, 8:00 AM
Mortgage interest rates as reported by Freddie Mac
were only slightly changed if changed at all during the week ended
December 27 - the last full s...
Wed, Jan 2 2008, 12:04 PM
Wed, Jan 2 2008, 10:30 AM
Mon, Dec 31 2007, 10:07 AM
Fri, Dec 28 2007, 9:31 AM
Fri, Dec 28 2007, 8:00 AM
Sales of new single family houses dropped again in
November according to a joint report issued Friday by the U.S. Department
of Housing and Urban ...
Thu, Dec 27 2007, 9:51 AM
Thu, Dec 27 2007, 9:20 AM
Thu, Dec 27 2007, 8:00 AM
Mortgage rates were up slightly during the pre-
holiday week ended December 20 according to the Primary Mortgage Market
Survey conducted by Freddie ...
Thu, Dec 27 2007, 1:12 PM
Wed, Dec 26 2007, 11:49 AM
Wed, Dec 26 2007, 10:36 AM
Wed, Dec 26 2007, 8:00 AM
The Standard & Poor's/ Case-Shiller home price index
for October, released on Wednesday, fell again for what is the 10th
consecutive month. The 6.7...
Mon, Dec 24 2007, 9:35 AM
Fri, Dec 21 2007, 10:25 AM
Fri, Dec 21 2007, 8:00 AM
The breakthrough came with the idea to freeze ARM
rates so that borrowers will not be subjected to the terms of
the agreements that they voluntari...
