Wed, May 28 2008, 7:00 AM
Weekly mortgage applications in the United States
fell in the week ending May 23, according to data from the Mortgage
Bankers' Association (MBA) o...
Wed, May 28 2008, 7:00 AM
Increased financial literacy from consumers would
have helped dampen some of the effects of the subprime housing
crisis , according to Robert K. ...
Wed, May 28 2008, 7:00 AM
Minneapolis Fed President Gary Stern said on Wednesday that
inflation expectations will be determined by how the
Federal Reserve raises rates.
...
Wed, May 28 2008, 7:00 AM
Federal Governor Frederic S. Mishkin submitted his
resignation today to President George W. Bush. Mishkin will be
leaving his post on Aug. 31, 200...
Wed, May 28 2008, 7:00 AM
Tue, May 27 2008, 7:00 AM
Some Fed speakers, the U.S. S&P Case-Shiller house price index, new
home sales and consumer confidence will complement the release of
Canadian emplo...
Tue, May 27 2008, 7:00 AM
The S&P Case-Shiller home price index for Q1
continued to deteriorate with the 20-city composite index posting a
record annual decline of 14.1%. I...
Tue, May 27 2008, 7:00 AM
New home sales in April rose for the first time in
five months, increasing 3.3% to 526k following a downward revision of the
March reading to 509k....
Tue, May 27 2008, 7:00 AM
The Conference Board's consumer confidence index for
May fell more than expected to 57.2 in Tuesday's report, led by a 5.5-
point decline in the pr...
Tue, May 27 2008, 7:00 AM
The release of the Federal Open Market Committee's (FOMC) March 31-
April 30 minutes show seven district banks had voted for no change in the
discou...
Tue, May 27 2008, 7:00 AM
Mortgage News Daily received an email this week from a reader with an
intriguing idea for, if not solving, at least lessening the foreclosure
crisis...
Tue, May 27 2008, 7:00 AM
Speaking in an interview with the Financial Times on Monday, former
Fed Chairman Alan Greenspan said the chance of a
recession in the United State...
Tue, May 27 2008, 7:00 AM
San Francisco Fed President Janet Yellen (non-voter) said rates
are "appropriate" for encouraging growth and that the real Fed funds rate
is near ze...
Fri, May 23 2008, 7:00 AM
U.S. existing home sales, comments from Canadian Finance Minister Jim
Flaherty, and the release of the National Bank of Belgium's business
confidenc...
Fri, May 23 2008, 7:00 AM
CEP News) - U.S. existing home sales decreased to
4.89 million units in April following March's revised sales figure of
4.94 million. This is the ...
Thu, May 22 2008, 7:00 AM
At 8:30 a.m. EDT, the U.S. Labor Department will release initial and
continuing jobless claims for the weeks ending May 17 and 10
respectively. Econ...
Thu, May 22 2008, 7:00 AM
House prices fell 0.4% month-over-month in March
following February's revised 0.4% gain, and declined 1.7% quarter-over-
quarter in Q1 compared to a...
Thu, May 22 2008, 7:00 AM
Fed Governor Randall Kroszner (voter), speaking at a conference of
state bank supervisors, said that mortgage markets will
recover slowly and that...
Thu, May 22 2008, 7:00 AM
In an interview with CNBC, Treasury Secretary Henry
Paulson said that the U.S. has been in a rough patch but is
coming closer to the end of the cu...
Thu, May 22 2008, 7:00 AM
Existing home sales for April , which will be released
Friday by the National Association of Realtors (NAR), are expected to
decline further to a pa...
Wed, May 21 2008, 7:00 AM
In unusually explicit language, the minutes of the Federal
Open Market Committee's (FOMC) April 29-30 meeting said the
decision to cut rates at th...
Wed, May 21 2008, 7:00 AM
Kevin Warsh, a voting member of the Federal Reserve Board, signalled
concerns about inflation and said fellow Fed members need to be
cautious in cu...
Wed, May 21 2008, 7:00 AM
The mortgage crisis has created yet another concern that could
directly impact homeowners and, strangely enough, it is Mother Nature.
A.M. Best Co...
Wed, May 21 2008, 7:00 AM
Mortgage rates continued to move within a tight range
during the week ended May 15 according to results from Freddie Mac�s
Primary Mortgage Market ...
Wed, May 21 2008, 7:00 AM
Canadian CPI and the FOMC minutes are the highlights
of the North American economic events, but with crude oil surging to new
record highs on Wedn...
Wed, May 21 2008, 7:00 AM
Weekly mortgage applications in the United States
fell in the week ending May 16, according to data from the Mortgage
Bankers' Association (MBA) o...
Tue, May 20 2008, 7:00 AM
Speaking at a National conference on Public Retirement in Louisiana,
Federal Reserve Vice Chairman Donald L. Kohn reiterated his position that
while...
Tue, May 20 2008, 7:00 AM
After the FOMC cut rates 25 bps to 2.00% on April 30 and signalled a
pause in monetary policy loosening, economists will be attentive to any
comment...
Tue, May 20 2008, 7:00 AM
Might there be a housing rescue bill after all?
Monday night Senator Chris Dodd (D-CT and Senator Richard Shelby (R-
AL), Chairman and Ranking Me...
Tue, May 20 2008, 7:00 AM
U.S. producer prices, IBD/TIPP Economic Optimism and comments from Fed
Vice-Chairman Donald Kohn will highlight the U.S. economic data front,
while ...
Tue, May 20 2008, 7:00 AM
Inflation is not yet out of control in the United States, according to
former Fed Chairman Alan Greenspan , speaking via
satellite link to a confer...
Mon, May 19 2008, 7:00 AM
Economists are expecting a quiet week despite a handful of
market-moving reports . Markets will receive FOMC minutes
from the April monetary policy...
Mon, May 19 2008, 7:00 AM
Speaking at a conference on Saturday, Dennis Lockhart, Atlanta Fed
President (non-voter) said inflation levels were 'elevated' and that a
slowing U....
Mon, May 19 2008, 7:00 AM
We can all breathe a sign of relief.
The housing crisis is over .
At least that was the headline on the editorial page of the Wall
Street Jour...
Mon, May 19 2008, 7:00 AM
According to the Conference Board, the index of U.S. leading
indicators improved 0.1% month-over-month in April, matching the 0.1%
rise in March.
...
Fri, May 16 2008, 7:00 AM
The first monthly reading for consumer confidence in May failed to
show any improvement despite the beginning of the fiscal stimulus
tax rebates ...
Fri, May 16 2008, 7:00 AM
Brian Bethune, chief U.S. financial economist at Global Insight, said
the decline in single-family starts "certainly makes sense given the
level of...
Fri, May 16 2008, 7:00 AM
The rate of housing starts during April was 8.2
percent higher than in March. April�s rate was 1,032,000 and the revised
March estimate was 954,00...
Thu, May 15 2008, 7:00 AM
Speaking at the Chicago Fed's Conference on Bank Structure and
Competition , Fed Chairman Ben Bernanke said he would strongly
urge firms to continu...
Thu, May 15 2008, 7:00 AM
Weakness in U.S. industrial production is consistent with
recessionary levels , economists said following the 0.7%
decline in Thursday's report f...
Wed, May 14 2008, 7:00 AM
There is a need for investment banks to be regulated
like commercial banks, according to former Fed Chairman Paul Volcker
testifying before the Co...
Wed, May 14 2008, 7:00 AM
The lower-than-expected core CPI report released
Wednesday should allow the Fed to cut rates once again
rather than worry about rising inflation...
Wed, May 14 2008, 7:00 AM
Weekly mortgage applications in the United States
rose in the week ending May 9, according to data from the Mortgage
Bankers' Association (MBA) on...
Wed, May 14 2008, 7:00 AM
There is an elevated amount of reluctance from banks
to lend, according to Boston Fed President Eric Rosengren, speaking
Wednesday at the Boston F...
Tue, May 13 2008, 7:00 AM
Speaking at the Atlanta Fed's Financial Markets Conference, Federal
Reserve Chairman Ben Bernanke addressed the current
state of the U.S. economy,...
Tue, May 13 2008, 7:00 AM
Delivering opening remarks at the Atlanta Fed's Financial Markets
Conference, Dennis Lockhart , head of the Atlanta Federal
Reserve (non-voter) sai...
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...
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...
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...
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 ...
