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Countrywide (CFC) Rally
2007-09-13 18:54:00
It's largely due to word of an expansion of its credit lines: Countrywide secures $12 bln in borrowing capacity. That was after it disclosed a further slump in its mortgage applications. So, who... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Rally , Ally

New York Times: A Home Loan Trap
2007-09-13 17:18:00
As usual, the New York Times misses the real point. There's no doubt that the Times piece today A Home Loan Trap is well written and skillfully tells woes of people with adjustable mortgages that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: New York Times

Coming Mortgage Broker Carnage
2007-09-13 16:08:00
Interesting reading in the National Mort gage News subscription site this morning. A National Mortgage News report, citing remarks of Tom LaMalfa, a partner with research and consulting firm... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Broker , Carnage

Gold Down ~$7 on NYMEX Margin Change
2007-09-13 15:58:00
NYMEX To Chan g e Margin s For Gold Futures Contracts. Same for platinum: NYMEX To Change Margins For Palladium Futures Contracts. The changes were effective at the close of business yesterday. I... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Morning Market Buzz 9/13/07
2007-09-13 15:00:00
The children are at home from school the next two days for Rosh Hashanah, so there's a long weekend feel to things here at the Kingsland household. Volume, if it can get any lower than it has been... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
More About: Market , Buzz , Morning