Tuesday, August 11, 2009

Zillow: Slight Housing Stabilization in 2Q 2009. Hurdles Ahead

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TODAY'S HEADLINES

LATEST VIDEO

In-Depth Look - Auction Results 8.11
Treasury Auctions $37 Billion in 3-Year Notes; Further Reaction with Chris Ahrens of UBS Securities (Bloomberg News)
Decline in Home Prices Slows
The rate of decline of US home prices is slowing down, according to Zillow. CNBC's Diana Olick has the details.
Fed Begins Two-Day Policy Meeting
The Fed is beginning its two-day policy meeting on interest rates, and while a change in rates is not expected, traders and investors are looking for clues
In-Depth Look - TARP Report Raises Red Flags
Interview and discussion with the Chairman of the TARP Oversight Panel, Elizabeth Warren. She says U.S. funds given to banks are still on the balance sheet
JPMorgan Probe By UK Watchdog
J.P.Morgan fails to keep track of $14 billion of clients' money. (Bloomberg News)
The Fate of Bernanke
President Obama must decide before January whether to keep Fed Chair Ben Bernanke on the job. CNBC's Steve Liesman discusses Bernanke's likely

AROUND THE WEB

Obama puts out details of his derivatives proposal
Congressional Oversight Panel Warns of Threat to Smaller Banks
US Consumer Credit Shows Steepest Contraction in Over 5 Decades
Shattered Housing Dreams and the Painful Process of Household Deleveraging
Inflation Not a Problem, "Deflationary Depression" in Our Future, Prechter Says
Citigroup approves $6B in new lending initiatives
Zillow: Underwater Mortgages May Reach 30%

POPULAR FORUM DISCUSSIONS

has anyone heard of "home finance of america"?
Are lower rates gone forever?
Day before closing -- and I was surprised to find that a $100,000 mortgage (to choose an amount at random) actual means that the bank comes to the closing
Are only government loans audited? And how long after the process does this audit occur? It is my understanding that the form 4506t can take up to 45 days
Loan Scenario: OR, $258,500, 650, 87% LTV, Refinance (Rate and Term)

WIKI QUESTIONS AND ANSWERS

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