Zillow Survey Portrays Homeowners in Denial

10/31/2008

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Zillow Survey Portrays Homeowners in Denial   Fri, 31 Oct 2008 11:44:17 EST Our old friend Zillow, the Seattle-based company that provides data on home values in select areas of the country, has just released results of its most recent survey of homeowner perceptions of value. Zillow found that half of U.S. homeowners think that their homes are essentially worth the same amount today as they were one year ago.?? Most housing studies would indicate that this perception is wildly out of touch with reality and... Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. Who's Credit Crunch is Worse? CNBC Videos 10/31/2008 10:50:19 AM The problem could be much worse in Europe, with CNBC's Ross Westgate and Steve Liesman Barney Frank on TARP Provisions CNBC Videos 10/31/2008 2:31:23 PM Rep. Barney Frank, (D) House Financial Services Committee Chairman, discusses the TARP provisions. Commercial Paper's Improvement is Deceiving CNBC Videos 10/31/2008 6:55:38 AM The commercial paper market has improved recently. But no one should be under any illusion to the reason it has improved, it's because the Federal Reserve's buying it up, Richard Wilson from Threadneedle Asset Management said Friday. He calls for more direction from the bond market. New Progress for Credit Derivatives CNBC Videos 10/31/2008 9:31:48 AM The NY Fed welcomes progress made in clearing credit default sweeps, reports CNBC's Steve Liesman Almost 20% of U.S. Homes are Worth Less Than Mortgages Bloomberg 10/31/2008 9:46:20 AM According to First American CoreLogic, More than 7.5 Million Properties Have Negative Equity; S&P/Case-Shiller Index Has Declined Every Month Since January 2007; Further Analysis and Discussion with First American Chief Economist Mark Fleming McCain's Focus on the Economy CNBC Videos 10/31/2008 10:13:28 AM Republican presidential candidate John McCain discusses issues important to your money, with CNBC's Larry Kudlow   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.

Cuomo Goes After Big Banks

10/30/2008

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Cuomo Tells Big Banks - He is Watching   Thu, 30 Oct 2008 11:32:53 EST Andrew Cuomo is going after the big banks that originally signed on - although not all were initially willing - to the Treasury Departments plan to infuse funds into financial institutions in return for preferred stock and common stock warrants.? The subject?? Executive compensation. On Wednesday Cuomo sent a letter to nine banks including Bank of America, Bank of New York Mellon, Citigroup, State Street Bank, and Wells Fargo requesting ... Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. FDIC Chairman Takes Aim at Foreclosures Bloomberg 10/30/2008 1:04:43 PM FDIC May Partner with Treasury to Take On $500 Billion of Mortgage Guarantees; Foreclosures Rose 71% in 3Q; Lawmakers Want Aid for Homeowners; Mortgage Aid May Cost Government $50 Billion Most U.S. Economy Contracts Since '01 CNBC Videos 10/30/2008 10:34:31 AM Insight on how long the contraction will last and the future of the new global economy, with Richard Urwin, BlackRock head, asset allocation/economics; CNBC's Steve Liesman & Ross Westgate Hedge Fund Industry Needs to Be 'Flushed Out' CNBC Videos 10/30/2008 6:22:29 AM Some people are making money despite the difficult investment climate, like currency traders and commodity trading advisors, according to Aoifinn Devitt from Clontarf Capital. Devitt sees half of the hedge fund industry disappearing or consolidating over time. Helping Homeowners CNBC Videos 10/30/2008 7:45:39 AM The FDIC has been the subject of both praise in criticism for its role in responding to the financial crisis, with Donald Powell, former FDIC chairman   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.

FOMC Puts Risk on Downside Growth, Inflation Off Radar

10/29/2008

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FOMC Puts Risk on Downside Growth, Inflation Off Radar, Analysts Say   Wed, 29 Oct 2008 13:43:47 EST Economists say the unanimous FOMC decision to cut the Federal funds target rate by 50 basis points came as no surprise. Many said the statement is particularly dovish and points to further rate cuts come December 16. The accompanying statement said economic activity had decreased markedly from a decline in consumer expenditure, and noted that inflationary pressures are expected to stabilize. Charmaine Buskas, senior economics strategist at TD Securities, said markets had... Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. The Bloomberg Edge: Housing Hurts GDP Bloomberg 10/29/2008 11:23:45 AM 10% Decline in Housing Health, Plus $105 Billion Reduction in Spending; Consumer Spending Equals 70% of GDP, with 1% Reduction in Real GDP Growth CEO Bonuses & the Bailout CNBC Videos 10/29/2008 11:50:57 AM Insight on whether companies accepting bailout money should be forced to cut bonuses for top executives, with Paul Kedrosky, Ten Asset Management and CNBC's Steve Liesman Solid Gold Demand CNBC Videos 10/29/2008 12:25:28 PM Sales of physical gold are hitting record levels as people seek safety in precious metals, reports CNBC's Jane Wells Financial Crisis Hits Media Industry CNBC Videos 10/29/2008 2:25:08 PM The financial crisis is sending shocks through the media industry, and CNBC's Julia Boorstin has the details. Credit Crisis Slams Shipping Stocks CNBC Videos 10/29/2008 2:15:56 AM A preview of NOL's earnings and how the credit crisis has hit the shipping sector, with Johnson Leung, regional shipping analyst, JPMorgan speaking to CNBC's Amanda Drury and Adam Bakhtiar. Banking on Deals CNBC Videos 10/29/2008 9:07:06 AM Whether there is an urge to merge in the financial world, with CNBC's Charlie Gasparino   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.

Fed Widely Expected to Cut Rates 50 Basis Points to 1.00%

10/28/2008

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Fed Widely Expected to Cut Rates 50 Basis Points to 1.00%   Tue, 28 Oct 2008 11:11:16 EST It is widely expected that the Federal Reserve will cut the Fed funds rate by 50 basis points to 1.00% on Wednesday, the lowest level since June 2004. Fed watchers expect the vote to be unanimous and the accompanying statement to echo the "wait-and-see" approach seen in previous months. A joint statement from the banks read: "Inflation expectations are diminishing and remain anchored to price stability. The recent intensification of the financial crisis has... Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. S&P Case Shiller Report CNBC Videos 10/28/2008 10:07:42 AM A downturn in residential real estate continues with very few bright spots, with David Blitzer, S&P 500 Index Committee chairman McCain/Palin on the Economy CNBC Videos 10/28/2008 10:26:50 AM Republican presidential candidate Sen. John McCain (R-AZ) and vice presidential candidate Gov. Sarah Palin, (R-AL) discuss the economy and the upcoming election. State of Commercial Real Estate CNBC Videos 10/27/2008 9:34:21 PM Discussing the state of the commercial real estate market, with Mort Zuckerman, of U.S. News & World Report Tackling the Credit Crunch CNBC Videos 10/28/2008 7:31:12 AM Insight on buying bonds, with Peter Fisher, Blackrock managing director Construction Through the Crisis CNBC Videos 10/28/2008 8:27:20 AM A look at how the construction industry is faring through the financial crisis, with Daniel Tishman, Tishman Corporation chairman/CEO Real Estate Realities CNBC Videos 10/28/2008 8:31:32 AM A look at the real estate market, with Barry Gosin, Newmark Knight Frank CEO and Daniel Tishman, Tishman Corp. CEO Florida Feels the Heat CNBC Videos 10/28/2008 9:05:02 AM Florida is also in the crossfilre of the financial crisis, with Alex Sink, State of Florida chief financial officer   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.