Mortgage and Financial News From 2008-3-19 Page 2
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Financial Storm Pounding Real Estate Sentiment (CoStar Group)
Wall Street's wild swings and the turmoil in the credit markets are confounding the commercial real estate industry. Three fourths of the way through last year, there was no telling from quarter to quarter what the commercial real estate markets looked...
2008-03-19 04:54:00 -
Federal Reserve move frees money for home loans (NBC 2 Fort Myers)
For the third time in less than a week, the federal government stepped in to help boost consumer confidence in a slumping economy. This time, the fed targeted homeowners who are struggling to stay in their homes.
2008-03-19 03:21:38 -
US mortgage lenders to pump S$277.4b into markets (Straits Times)
WASHINGTON - TWO US home financing heavyweights won government approval on Wednesday to pump US$200 billion (S$277.4 billion) more into troubled US mortgage markets, the latest step to stabilize credit markets and avert a deep recession.
2008-03-19 03:37:12 -
Examiner.com Related Articles: (The San Francisco Examiner)
A family of accused con artists is suspected of leading an operation that processed thousands of home loans in California during the past several years in the widespread refinancing scam.
2008-03-19 03:38:39 -
Foreclosure bus tours coming to Greater Cleveland. (WKYC Cleveland)
$15 will buy a bus tour of about a dozen foreclosed northeast Ohio properties.
2008-03-19 03:57:54 -
'Fast Money' Recap: Commodities Comeuppance (TheStreet.com)
Tim Seymour said there's a rollover out of commodity names.
2008-03-19 04:04:26 -
Fannie, Freddie Surplus Capital Requirement Is Eased (Update10) (Bloomberg.com)
March 19 (Bloomberg) -- Fannie Mae and Freddie Mac agreed to expand their purchases of U.S. mortgages and related securities after the Bush administration reduced the amount of capital the companies are required to hold as a cushion against losses.
2008-03-19 04:55:14 -
Democrats fault Bush amid financial crisis (Washington Post)
WASHINGTON (Reuters) - Tumultuous weekend developments on Wall Street reflect the Bush administration's failure to come to grips decisively with a housing meltdown now afflicting the broader economy, contenders for the Democratic presidential nomination said on Monday.
2008-03-19 05:34:22 -
Lehman quarterly earnings drop less than expected (Washington Post)
NEW YORK (Reuters) - Lehman Brothers Holdings Inc (LEH.N) said on Tuesday first-quarter earnings dropped 57 percent as bond-trading revenue plummeted but surging merger advisory results helped the investment bank beat analyst expectations.
2008-03-19 05:38:04 -
Fannie, Freddie free to pump billions into mortgage market (USA Today)
The government will free up billions of dollars at Fannie Mae and Freddie Mac, money that would be used to help homeowners refinance mortgages on the brink of default.
2008-03-19 05:39:40 -
Fed Trims Rates Sharply, Sending the Markets Up (NYTimes.com via Yahoo! Finance)
The cut was smaller than investors had expected and exposed some signs of a split among policy makers.
2008-03-19 03:39:01 -
Can’t Grasp Credit Crisis? Join the Club (NYTimes.com via Yahoo! Finance)
This may not be comforting, but your confusion is shared by many people in the middle of this financial crisis.
2008-03-19 03:39:03 -
U.S. Moves to Free Funds for Home Loans (NYTimes.com via Yahoo! Finance)
The regulator of Fannie Mae and Freddie Mac eased capital rules in an effort to calm the housing market.
2008-03-19 03:39:31 -
Related Stories (Pocono Record)
"You give her a big victory here, she can be the nominee, and she will be the president if you nominate her," Clinton told an overflow crowd of at least 800 supporters at the Hotel Bethlehem, part of a four-stop swing through the Lehigh Valley and northeastern Pennsylvania.
2008-03-19 03:41:58 -
Shirakawa, Interim BOJ Chief, May Cut Rates as Expansion Fades (Bloomberg.com)
March 20 (Bloomberg) -- Masaaki Shirakawa will be able to lead the Bank of Japan during the global financial crisis even though he's an acting chief named only because two earlier nominations collapsed, economists said.
2008-03-19 03:44:38