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This Day In America December 19
2007-12-19 19:20:00
On Today?s date in 1946, war broke out in Indochina as troops under Ho Chi Minh launched widespread attacks against the French. (...)
More About: America , December

Hank Paulson Promoting ?Hope Now?
2007-12-18 19:35:00
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More About: Promoting , Hope , Hank , Hank Paulson

Homebuilder Confidence
2007-12-18 19:32:00
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More About: Confidence , National Association of Home Builders

Golden Glodman Sachs Beats Market Expectations
2007-12-18 19:27:00
Golden Goldman Sachs reports. Another record-breaking year for the world's largest securities firm. Meanwhile, the European Central Bank injects billions into money markets and the US Federal Reserve considers new mortgage protections.
More About: Market , Beats , Golden , Expectations

Quote of the Day
2007-12-18 19:22:00
“A visionary company doesn’t simply balance between preserving a tightly held core ideology and stimulating vigorous change and movement; it does both to an extreme.” – Jim Collins, Business Consultant No Tags
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Mortgage Tax Relief May Be Coming Soon
2007-12-18 19:18:00
Mortgage Tax Relief May Be Coming Soon Congress could pass a mortgage tax relief bill this week that encourages loan modifications and ensures that homeowners are not penalized when a lender reduces the principal amount of their mortgage. (...)
More About: Mortgage , Mort

Federal Reserve To Propose Tighter Standards On Subprime Mortgages
2007-12-18 19:12:00
Federal Reserve to Propose New Curbs to Target Subprime Mortgages . (...)
More About: Standards , Federal Reserve , Ben Bernanke

Southern California Land Prices Depreciate 50%
2007-12-18 18:58:00
Southern California Land Prices Depreciate 50% More bad news for Southern California builders holding a large inventory of finished lots: Land prices have plunged by more than half in the region, dropping to levels not seen since 2002, according to a report by The Hoffman Company, a land brokerage firm based in Irvine, California. (...)
More About: Southern , Depreciation

This Day In America December 18
2007-12-18 18:38:00
On Today?s date in 1865, the 13th Amendment to the Constitution, abolishing slavery, was declared in effect. (...)
More About: America , December

This Week In Mortgages
2007-12-17 20:09:00
Date ET Release For Actual Consensus Prior 12/17/2007 8:30 Current Account Q3 -$178.5B -$183.0B -$188.9B 12/17/2007 8:30 NY Empire State Index Dec 10.3 21 27.4 12/17/2007 9:00 Net Foreign Purchases Oct $114.0B   $15.4B 12/18/2007 8:30 Housing Starts Nov   1175K 1229K 12/18/2007 8:30 Building Permits Nov   1150K 1170K 12/19/2007 10:30 Crude Inventories 14-Dec   NA -722K 12/20/2007 8:30 GDP-Final Q3   4.90% 4.90% 12/20/2007 8:30 Chain Deflator-Final Q3   0.90% 0.90% 12/20/2007 8:30 Initial Claims 15-Dec   335K 333K 12/20/2007 10:00 Leading Indicators Nov   -...
More About: Week , Mortgages , Mort , Ages

Quote of the Day
2007-12-17 20:03:00
  “The point to remember about selling things is that, as well as creating atmosphere and excitement around your products, you’ve got to know what you’re selling.” – Stuart Wilde, Self Help Author and Lecturer No Tags
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Senate Passes FHA Reform Bill
2007-12-17 19:59:00
Senate Passes FHA Reform The Senate has passed a Federal Housing Administration (FHA) modernization bill by a 93-1 vote that raises the FHA loan limit to $417,000 in high cost areas and lowers the minimum down payment requirement from 3.0% to 1.5%. (...)
More About: Senate , Bill , Senat

Goldman Sachs, Morgan Stanley, Bear Stearns Report Earnings This Week
2007-12-17 14:33:00
Brokerages to Report Earnings This Week: Goldman Sachs , Morgan Stanley , Bear Stearns. Brokerage Earnings Outlook with Howard Silverblatt of S&P.

No Housing Recovery Forecast for 2008 And Probably 2009
2007-12-17 12:21:00
No Housing Recovery Forecast for Next Year. Fannie Mae Expects Total Home Sales Going Down More Than 14% This Year, and 12% Next Year.
More About: 2008

Awaiting Central Bank Auctions And November Housing Numbers
2007-12-17 10:53:00
Awaiting Central Bank Auctions And November Housing Numbers . Markets will look to Central Bank cash auctions on Monday to gauge demand for central bank funds. Investors will decide whether central banks' liquidity-boosting measures bring down money market rates as desired.
More About: Federal Reserve

Optimism Fades Over Central Banks Actions
2007-12-14 10:59:00
Optimism over central banking fades. The day after central banks banded together to boost liquidity in money markets, the feeling is that it is not enough. Plus:# SachsenLB bailed out again # French banks plan 'super conduit' fund
More About: Banks , Central , Optimism

Todays Current Mortgage Interest Rates December 13 2007
2007-12-13 21:26:00
Today's Current Mortgage Interest Rates December 13 2007. Fixed mortgage rates are UNCHANGED from Wednesday December 12 2007, while adjustable mortgage rates are UNCHANGED - Today's 30 Year, is UNCHANGED and 15 Year Fixed are UNCHANGED - while as the 5/1 is UNCHANGED the 3/1 ARM Mortgage Interest Rates are UP. The 10 year treasury bond is UP to 4.15%.
More About: Today , Freddie Mac

Federal Reserve To Revise Home Ownership and Equity Protection Act
2007-12-13 19:44:00
Federal Reserve To Revise Home Ownership and Equity Protection Act The Federal Reserve Board will meet Dec. (...)
More About: Federal Reserve , Serve

What Does 1.6 Mean To You
2007-12-13 19:32:00
What Does 1.6 Mean To You
More About: Consumer Price Index

Subprime Crack For Homeowners
2007-12-13 19:17:00
Subprime Crack For Homeowner s
More About: Today , Subprime

Innovation Outstripped Subprime Regulation
2007-12-13 19:03:00
Innovation Outstripped The Subprime Regulation
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Fannie Mae Ties 3Q Losses to Alt A Mortgage Market
2007-12-13 18:04:00
Fannie Mae Ties 3Q Losses to Alt A Mortgage Market Over 25% of Fannie Mae’s credit losses in the third quarter came from its book of guaranteed alternative A mortgages, according to the company’s president and chief executive officer, Daniel Mudd. (...)
More About: Goldman Sachs , Fannie Mae , Mortgage Backed Securities

Bank of America?s Outlook Is Worsening
2007-12-13 17:56:00
A Worsening Outlook : Bank of America . (...)
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This Day In America December 13
2007-12-13 17:42:00
On Today?s date in 1642, Dutch navigator Abel Tasman sighted present-day New Zealand. (...)
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House Panel OKs New Bankruptcy Bill
2007-12-13 17:38:00
House Panel OKs Bankrupt cy Bill The House Judiciary Committee approved a narrowly targeted bankruptcy bill by a 17-15 vote 12/12/2007 that would give subprime and nontraditional mortgage borrowers facing foreclosure one last chance to get their mortgage restructured so they could stay in their homes. (...)
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Ivanka Trump On Today?s Real Estate Market
2007-12-13 16:32:00
Ivanka Trump On Today's Real Estate Market
More About: Real Estate , Ivanka Trump , Donald Trump , Real Estate Market

Rent vs Buy - When Do You Make The Move In This Market?
2007-12-13 16:19:00
“Buyers out there are scared about their mortgage applications being turned down, and anecdotes show they are actually applying for more mortgages with more companies” Sterve Wyatt Miami University Finance Professor No Tags
More About: Market , Move , Make , Rent

Suitability Standards Could Open Up Lenders To a Fair Housing Can of Worms
2007-12-12 22:18:00
Suitability Standards Could Open Up Lenders To a Fair Housing Can of Worms , a compliance expert said Monday at the SourceMedia Fraud and Risk Conference in Las Vegas. (...)
More About: Mortgage Fraud

Freddie Mac ?Justifies? Higher Guarantee and Delivery Fees
2007-12-12 21:23:00
Freddie Mac justifies higher guarantee and delivery fees Freddie Mac is charging higher guarantee and delivery fees in order to raise capital and increase earnings, the company’s chairman and chief executive Richard Syron has told an investor conference. (...)
More About: Freddie , Fees , Freddie Mac , Higher , Delivery

Bank of America, PNC Financial, Wachovia Announce $5+ Billion In Writedowns
2007-12-12 21:15:00
Bank of America , PNC Financial , Wachovia Announce $5+ Billion In Writedowns. (...)
More About: Bank of America , Bank