Mon, May 12 2008, 1:40 PM
Fri, May 9 2008, 12:36 PM
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...
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 . ...
Thu, May 8 2008, 11:16 AM
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...
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...
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...
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 ...
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 ...
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...
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...
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...
Tue, May 6 2008, 10:32 AM
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...
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...
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...
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...
Mon, May 5 2008, 10:36 AM
Mon, May 5 2008, 7:00 AM
Investigations into events surrounding the
virtual collapse of the mortgage lending industry are
expanding on a number of levels.
In addition ...
Mon, May 5 2008, 7:00 AM
Speaking in an interview with Diane Rehm on WAMU radio, Assistant
Secretary for Economic Policy at the U.S. Department of
Treasury Philip Swagel s...
Fri, May 2 2008, 12:00 PM
Fri, May 2 2008, 11:30 AM
Fri, May 2 2008, 7:00 AM
A key committee in the House of Representatives late Thursday passed
legislation that would make up to $300 billion in federally
insured mortgages ...
Thu, May 1 2008, 12:21 PM
Thu, May 1 2008, 11:01 AM
Thu, May 1 2008, 10:46 AM
Thu, May 1 2008, 7:00 AM
Speaking to the Securities Industry and Financial Markets Association
in Chicago on Thursday, U.S. Assistant Secretary for Financial Markets
Anthony...
