Mar 13

The Mortgage Bankers Association announced this morning that applications for mortgage loans, on a seasonally adjusted basis, decreased 1.9 percent last week when compared to the week prior.

Mar 13

Life for Carlyle Capital has gotten even worse than
we reported last week and by Thursday morning it appeared that the hedge
fund would not survive. Another loser from last week, Thornburg
Mortgage
had a bit of a respite earlier this week but got
clobbered by new news Thursday morning.

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Mar 13

Treasury Secretary Henry M. Paulson, Jr. Thursday released
recommendations from the President’s Working Group on Financial Markets
(PWG.)

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