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News about Mortgages:
The Madness of Crowds - Commentary MagazineFueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
Calendar of major business events Thursday - ForbesWASHINGTON - Labor Department releases weekly jobless claims, 8:30 a.m. NEW YORK - Conference Board releases leading indicators for October, 10 a.m. WASHINGTON - House Oversight and Government Reform Committee hearing on regulation of the mortgage ...
Slowly, mortgage help comes - Buffalo NewsAs federal agencies and the mortgage industry announced new initiatives last week to speed help for struggling borrowers, three of the area’s biggest lenders say the new efforts won’t change what they do because they’ve already been proactive ...
The week head in business, at a glance - Los Angeles TimesFederal Reserve releases data on industrial production for October. Results of weekly Treasury auction. Quarterly earnings expected from Lowe's Cos. and Target Corp. Three-day Global China business meeting starts in Barcelona to address the financial ...
Verizon, Kroger Lead $5.15 Billion of Bond Offerings (Update1) - BloombergNov. 18 (Bloomberg) -- Verizon Wireless , the second-biggest U.S. mobile phone service, and supermarket chain Kroger Co. led the busiest day of bond offerings in two weeks as investors took advantage of higher yields on corporate debt. Six companies ...
Coming Up - Times UnionEarnings expected: Lowe's Cos., Target Corp. Government reports: Federal Reserve releases industrial production for October. Other: Federal Reserve Bank of Kansas City President Tom Hoenig speaks at the Institute of International Banker's conference ...
FHA: The new Fannie Mae - Hotair.comThey’re baaaa-aaack . The same people who engineered a global financial meltdown with bad loans covered by government backing have begun exploiting the Federal Housing Administration in the same manner as Fannie Mae and Freddie Mac. Lenders who ...
Forecasters: tough road ahead for the economy - Bradenton HeraldThe country is sinking deeper into the economic doldrums, and it's likely to stay there for a while. That's part of the latest outlook from forecasters in a survey to be released Monday by the National Association for Business Economics, also known ...
Pritzker Saved Obama Much Embarrasssment By Bowing Out Of Commerce - Huffingtonpost.comBillionaire Obama campaign finance chair Penny Pritzker did the smart, maybe the only, thing she could when she quickly scotched talk that she wanted to be Obama's Commerce Department Secretary. Pritzker says she doesn't want the post because she can ...
Just the Facts... - Safe HavenFor the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for 11.9% (down 59.8%) and the Transports for 10.6% (down 31.7%). The Morgan Stanley Consumer index dropped 4 ...
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