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...
Thu, Dec 20 2007, 11:42 AM
Thu, Dec 20 2007, 9:18 AM
Thu, Dec 20 2007, 8:00 AM
RealtyTrac, Inc., a company that tracks delinquencies and foreclosures
was reporting Thursday that the number of foreclosure
filings in November w...
Thu, Dec 20 2007, 8:00 AM
Treasury Secretary Henry Paulson announced Monday
that he was in favor of temporarily lifting the dollar
limit on loans purchased by Freddie Mac...
Thu, Dec 20 2007, 8:00 AM
Two mortgage industry groups have weighed in on the
new mortgage...
Thu, Dec 20 2007, 1:37 PM
Wed, Dec 19 2007, 10:39 AM
Wed, Dec 19 2007, 10:14 AM
Wed, Dec 19 2007, 8:00 AM
Mortgage
interest rates took a jump upward during the week ended December 13
and December 14 according to information released by Freddie Mac and t...
Wed, Dec 19 2007, 8:00 AM
Another major American financial institution went on the international
auction block Wednesday afternoon as Morgan Stanley
announced it was accept...
Wed, Dec 19 2007, 3:10 PM
Wed, Dec 19 2007, 1:07 PM
Tue, Dec 18 2007, 12:27 PM
Tue, Dec 18 2007, 11:35 AM
Tue, Dec 18 2007, 11:34 AM
Tue, Dec 18 2007, 10:04 AM
Tue, Dec 18 2007, 8:00 AM
The Federal Reserve's Board of Governors is expected to endorse
proposed rules developed by its staff for the banks it regulates that
would end some...
Tue, Dec 18 2007, 8:00 AM
Housing starts took another dive in November, falling
another 3.7 percent from the revised October estimate of 1,232,000
starts. Even worse, the se...
Mon, Dec 17 2007, 10:30 AM