Apr 01
Each of the three possible candidates for nomination as their party’s
presidential nominee has made major speeches recently spotlighting their
solutions to the housing and subprime mortgage crisis.
Apr 01
The Federal Reserve announced Tuesday that it will provide a
set of maps and data illustrating subprime and
alt-A mortgage loan conditions across the U.S. on the New York
Fed Bank website.
Apr 01
(CEP News) - On Wednesday, U.S. Federal Reserve Chairman Ben
Bernanke takes centre stage when he testifies before the Joint
Economic Committee.
Apr 01
When you shop for a mortgage, the difference between being well informed and barely understanding your choices can be costly. For example, settling for a 30-year fixed-rate mortgage when you should have gotten a lower rate with an ARM can cost you several hundred dollars a month, on average, or several thousand over the life of your loan.
Apr 01
VERICO Financial Group Inc. announces preferred vendor relationship with Marlborough Stirling Canada
TORONTO, Ontario, April 01, 2008 — April 1, 2008 - Marlborough Stirling Canada is pleased to confirm that VERICO Financial Group Inc. has agreed to a preferred vendor relationship with respect to its mortgage application submission technology. Under this agreement, Marlborough Stirling Canada’s MorWEB will be offered as an available option to all of VERICO’s more than 1000 mortgage brokers …
Apr 01
Must be interested in working for a Non-Profit Food Bank Must be able to Drive different trucks from a Pick up to 8 Pallet Refrigerated truck no CDL required, Must be available on weekends to pick up from Farmers Markets from July through October, The……
Apr 01
Total construction spending in January fell 1.7%.
Total residential construction spending fell 0.9% in February to an
annual rate of $463.761 billion, a slower decline than the previous
month’s drop of 2.9%. Non-residential construction increased 0.1% in
February to $657.802 billion after a 0.8% drop in January.
Apr 01
(CEP News) Washington - Treasury undersecretary for terrorism
and financial intelligence Stuart Levey told the Senate Finance
Committee Tuesday that in the four years since his office was
established, the use of financial information has become critical in the
global war on terror.
Apr 01
Lehman Brothers fought off persistent rumors that it
might be headed to a Bear Stearns-like collapse by raising $4 billion in
capital on Tuesday.
Apr 01
Area managers wanted for the greater Vancouver and Olympia area. Reverse mortgage experience a plus. Forward loan experience could also be a benefit. State of Washington Loan Officer License is required. Great commsion splits with an opportunity to incre……
Apr 01
Thornburg Mortgage said that five lenders have agreed
to a deal where no further margin calls will be made in return for its
compliance with a laundry list of requirements.
Apr 01
If you have checked the trading price of Bear Stearns
Company (BSC) stock in the four days since the company was sold to J.P.
Morgan Chase for $2 per share in J.P. Morgan stock, you might well wonder
why it is trading at more than twice the price J.P. Morgan is supposedly
paying for it.
Apr 01
Those investors who insisted on buying or holding on to their Bear
Stearns stock, keeping prices at near three times the $2 per share being
offered by J.P. Morgan Chase appear to have been on to something.
Apr 01
In what may be the first fluttering of a recovery in the housing
market, sales of existing homes last month actually
increased from January levels according to the National Association of
Realtors (NAR.)
Apr 01
The Standard & Poor’s S&P/Case-Shiller Home Price
Indices (HPI) for January which were released on Tuesday are
reporting further bad news on the home value front.
Apr 01
Long term mortgage rates fell dramatically during the
week ended March 20 according to the Primary Mortgage Market Survey
released by Freddie Mac.
Apr 01
Senator John McCain was the second candidate to
outline his solutions to the housing and credit
situation. He restated the history leading up to the current
situation and placed the blame for the crisis on:
Apr 01
Treasury Secretary Henry Paulson will confirm on
Monday widely circulating weekend rumors that the Bush Administration is
seeking a sweeping overhaul of financial regulatory
systems in the country.
Apr 01
Reuters is reporting that the Secretary of Housing and Urban
Development will announce his resignation Monday morning. Secretary
Alphonso Jackson is expected to step down effective April 18. His
resignation reportedly comes after accusations that he improperly handled
the awarding of federal contracts within the department.
Apr 01
In the wake of mixed regional data, the U.S. ISM
report to be released Tuesday, will highlight the state of the
U.S. national manufacturing sector. The consensus for the ISM report is a
reading of 47.5 following February’s 48.3 figure.