Apr 29
Countrywide Financial Corporation logged in on
Tuesday with its third consecutive quarterly loss due to a sharp increase
it its provision for loan losses.
Apr 29
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Apr 28
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Apr 28
Progress on the U.S. economic slowdown and housing
sector have been encouraging, according to U.S. Treasury
Undersecretary Robert Steel, speaking to Society of American Business
Editors and Writers Annual Conference in Baltimore, Maryland.
Apr 28
Wachovia Corporation, the rising Charlotte North
Carolina banking star is having a very bad April.
Apr 28
National vacancy rates in the first quarter of 2008
were 10.1% for rental housing, up from 9.6% in the fourth quarter of
2007, and 2.9% for homeowner housing this quarter, compared to 2.8% in
the previous quarter, according to a report from the Census Bureau on
Monday.
Apr 28
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Apr 27
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Apr 26
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Apr 25
Apr. 24 - Thousands of pilgrims flock to see body of the popular Roman Catholic saint, Padre Pio. The Sopranos hit Havana Apr. 24 - HBO’s hit series “The Sopranos,” along with ABC’s doctor drama, “Grey’s Anatomy,” are airing on the […]
Apr 25
M1 Money Supply fell $2.4 billion in the week ending
April 14, while M2 fell $15 billion, according to
figures released from the Federal Reserve Thursday.
Apr 25
The first substantive overhaul of Florida’s high-stakes test in nine years was overwhelmingly approved by a House panel Monday, a move Democrats hailed as long overdue. How to Collect Antique Furniture I’ve come to the conclusion that successful companies have at least three things in common: They constantly improve, they continually find ne… […]
Apr 24
Apr 24
Thanks to the subprime mess, and the huge losses in the housing market, banks have been more reluctant to lend money. Although I think the credit crunch is greatly exaggerated, if you want to get a loan, you need to be able to show that you are credit-worthy. One of the main things you can do to help your cause, is to take care of your FICO score. Here are some things you can do (and avoid doing) to rack up points.
Apr 24
Expectations for a pause in U.S. monetary policy were bolstered by an
article in Thursday’s Wall Street Journal, where noted Fed watcher Greg
Ip said, “The Federal Reserve is likely to cut its short-term interest
rate by a quarter of a percentage point next week — but then may be
ready for a breather.”
Apr 24
New home sales in the U.S. were down for the fifth
consecutive month in March, falling by 8.5% to 526k, much lower than the
580k level expected by economists, and setting a new low since
October 1991. Inventories soared from already-worrying
levels.
Apr 23
The Mortgage Bankers Association announced this morning that applications for mortgage loans, on a seasonally adjusted basis, decreased 14.2 percent last week when compared to the week prior.
Apr 23
Lately, it seems like going green is one of the trendiest things to do! Fads aside, being environmentally friendly is one of the best things you can do for you wallet, your home, your health and your world.
Apr 23
As the overhang of new homes sits at a 27-year high of 9.8 months,
new home sales are expected to fall for a fifth
consecutive month in the March index from the U.S. Census Bureau on
Thursday.
Apr 23
Long term mortgage interest rates as reported by
Freddie Mac in its Primary Mortgage Market Survey were virtually
unchanged during the week which ended April 17. However, long term rates
as reported by the Mortgage Bankers Association in their Weekly Mortgage
Applications Survey for the week ended April 18 underwent
significant upward movement.