Consumers Must Know the Rules to Protect Their Assets

9/16/2008

...

Consumers Must Know the Rules to Protect Their Assets   Tue, 16 Sep 2008 10:52:35 EST Americans are scared about their money, a fear being reinforced every day as banks are closed, stock prices fall, home equity shrinks, and politicians fight over which financial institutions are "too big to fail" and which are going to be cut loose to live or die without government intervention.? Former Federal Reserve Chairman Alan Greenspan said on ABC's This Week on Sunday that the present situation is "by far" the worst economic crisis he has ever seen, 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. From Washington to Wall Street CNBC Videos 9/16/2008 1:14:11 PM McCain, Pelosi and Obama all speak out about the financial crisis, reports CNBC's John Harwood A Bridge Loan for AIG? CNBC Videos 9/16/2008 1:46:56 PM The CNBC news team discusses the pros and cons of a bridge loan for AIG. Big Apple's Economy Tarnished CNBC Videos 9/16/2008 10:52:54 AM Discussing how New York City is trying to figure out how deep the economic pain will run, with William Thompson, NYC comptroller NY Fed Meeting on Fate of AIG CNBC Videos 9/16/2008 11:20:15 AM The government's money is now on the table in AIG discussions, reports CNBC's Charlie Gasparino Banks In Crisis: Washington Mutual Rating Lowered; AIG's Ratings Lowered By S&P Bloomberg 9/16/2008 3:09:06 AM Washington mutual rating lowered to junk by S&P on mortgage losses; AIG's lowered by S&P, Moody's threatening efforts to raise funds; Lehman bankruptcy filin; Merrill acquired by BOA; AIG downgraded; Wamu downgraded MPS Publish Banking Reform Proposals Bloomberg 9/16/2008 3:14:17 AM Bank of England should have legal power o tell FSA to bring lender into special; Report and analysis by Elliott Gotkine of Bloomberg News Private Equity Can't Help AIG CNBC Videos 9/16/2008 4:18:39 AM There are plenty of hurdles in the way of private equity stepping in to help AIG, the amount of money needed, the short timeframe and the fact that insurance is regulated, Jon Moulton from Alchemy Partners said. McCain on Wall Street's Storm CNBC Videos 9/16/2008 8:25:38 AM Presidential candidate Sen. John McCain, R-AZ discusses the financial crisis. NY Governor on AIG CNBC Videos 9/16/2008 8:49:22 AM A look at AIG's race to raise capital, with Gov. David Patterson, D-NY and CNBC's David Faber   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.

No Golden Parachute for GSE Executives

9/15/2008

...

GSE Executives Left to Bail Out Without Parachutes   Mon, 15 Sep 2008 10:44:43 EST The public and specifically the two companies' shareholders who have little hope of recouping any of their investment, were not happy when it was revealed last week that Daniel Mudd, former CEO and Richard Syron who had been removed from the same position with the seizure of Freddie Mac, would receive severance packages estimated at $6 to $8 million for Mudd, and Syron, through a clause added to his contract in July when a possible federal takeover was first discussed, might have received as much as $15 million. 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. President Bush on Financial Markets CNBC Videos 9/15/2008 11:27:50 AM President George W. Bush addresses the historic changes on Wall Street. The Ken Lewis Story CNBC Videos 9/15/2008 11:58:42 AM A look inside the new king of Wall Street, with CNBC's Michelle Caruso-Cabrera Goldman and Morgan Stanley CNBC Videos 9/15/2008 12:04:59 PM Discussing how long the two big financials will live independently, with Joseph LaVorgna, Deutsche Bank; Len Blum, Westwood Capital and Dennis Gartman, The Gartman Letter Fed's Role in Financials CNBC Videos 9/15/2008 12:13:26 PM Discussing whether the Fed did enough to help the failing financials, with Vincent Reinhart, American Enterprise Institute; Joseph LaVorgna, Deutsche Bank and CNBC's Steve Liesman Wall St. Compensation CNBC Videos 9/15/2008 12:15:29 PM More insight on whether Wall Street should change the way it pays employees, with Dan Pedrotty, AFL-CIO; Joe Lavorgna, Deutsche Bank and Brian Foley, executive compensation expert Bank of America Press Conference CNBC Videos 9/15/2008 11:04:18 AM Bank of America CEO Ken Lewis and Merrill Lynch CEO John Thain discuss Bank of America's plan to buy Merrill Lynch. Lehman's Path to Chapter 11 CNBC Videos 9/15/2008 10:12:47 AM Insight on Lehman's future and who AIG is in talks with. Details with CNBC's David Faber No Short-Selling Warning CNBC Videos 9/15/2008 5:30:11 AM "There wasn't any extraordinary build up in short selling over the last week, on any of the banks," Julian Pittam from Data Explorers, told CNBC after the bankruptcy filling of Lehman Brothers Sunday. AIG Looks for Loan CNBC Videos 9/15/2008 6:14:32 AM AIG looks for a $40B bridge loan from the Fed, reports CNBC's Mary Thompson   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.

Mortgage Rates Plunge to Spring Levels Under Conservatorship

9/12/2008

...

Most Mortgage Rates Dip to Spring Levels under Federal Conservatorship   Fri, 12 Sep 2008 06:58:55 EST In its first week at least, the conservatorship of Freddie Mac and Fannie Mae accomplished one part of the hoped-for effect; longer term mortgage rates plunged to levels not seen for months. Freddie's Primary Mortgage Market Survey for the week ended September 11 (which includes the four business days since Sunday's announcement of the take-over of what is now THE mortgage market in the U.S.) showed the average interest rate... 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. Lehman Brothers on the Block CNBC Videos 9/11/2008 8:07:40 PM The sale of Lehman Brothers in its entirety is probably the best thing for the firm and financial markets, says Paul Larson, equities strategist at Morningstar. How to Help the Banks CNBC Videos 9/12/2008 6:03:46 AM The US authorities have to create a more robust long-term safety net for troubled banks, to avoid the risks of forced asset sales, James Bevan from CCLA Investment Management told CNBC Friday. What's Next for Lehman & WaMu CNBC Videos 9/12/2008 8:02:46 AM A look at Lehman's shopping itself and Washinton Mutual's problems, with CNBC's Charlie Gasparino Lehman's White Night CNBC Videos 9/12/2008 8:35:36 AM A look at the banks currenty negotiating with Lehman, with CNBC's Steve Liesman & Rick Santelli RBA Expected to Continue Easing Rates CNBC Videos 9/12/2008 1:12:22 AM Although Richard Gibbs, chief economist at Macquarie Bank sees the Aussie-dollar falling into the mid-$0.70s range, he believes the RBA will continue its rate easing cycle. Looking Back on Northern Rock CNBC Videos 9/12/2008 5:00:08 AM One year ago reports surfaced that Northern Rock had asked the Bank of England for emergency lending. Geoff Tresman from Punter Southall Financial Markets considers the lessons learnt from the failed bank.   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.