Tuesday, June 23, 2009

Sales of Existing Homes Hurt by Poor Appraisals

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TODAY'S HEADLINES

LATEST VIDEO

3 Banks Stop Paying TARP Dividends - WSJ
Three banks that take T.A.R.P. money stop paying dividends to the government according to "The Wall Street Journal" report. (Bloomberg News)
In-Depth Look - Inflation Vs Unemployment
Interview and discussion with Michael Pento of the Delta Global Advisors. He talks about the Fed meeting about inflation and unemployment rate. (Bloomberg
Mishkin on the Economy
The federal government and Congress need to focus on long-run fiscal sustainability, says Frederic Mishkin, Columbia University economics professor and
In-Depth Look - Two-Day Fed Meeting Starts
Interview and discussion with Michael Moran of the Daiwa Securities America. He talks about the two-day federal meeting about the health care reform and

AROUND THE WEB

Angelo's Ashes
JPMorgan on "Exit Strategies"
The Fed: What exit strategy? The drama isn't over
Will Commercial Real Estate Crisis Demolish Community Banks?

POPULAR FORUM DISCUSSIONS

4506-T
Economic Recovery on the Horizon??
Greetings, Like many people I bought my house back in 2006 at the height of the market just before it started declining. I saw some of the writting on
Loan Scenario: CA, $900,000, 740, 64% LTV, Purchase

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



 

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Thursday, June 11, 2009

Mortgage Rates Lower As Markets Show Signs of Correction

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TODAY'S HEADLINES

LATEST VIDEO

Market Outlook - This is a "Balance Sheet Recession"
Green Shoots & Glimmer - Analysis and Discussion with Jim Keegan of RidgeWorth Intermediate Bond Fund (Bloomberg News)
Inside Look - Was Lewis Forced Into Merrill Deal?
Live! From Capitol Hill: Exclusive Interview with Rep. Eldophus Towns (D) of New York, Chairman of House Oversight Committee (Bloomberg News)
Recap - Ken Lewis Testimony
Live! Coverage from Capitol Hill (Bloomberg News)
Realty Check: The Housing Market
New numbers from an online foreclosure sale site shows overall foreclosure filings slipped a but in May but bank repossessions are rising, reports CNBC's
Fed on Consumer Debt
The Fed says the amount of mortgage debt remained flat in Q1 after two quarters of decline, reports CNBC's Steve Liesman.
In-Depth Look - Foreclosures Exceed 300,000
Interview and discussion with Rick Sharga of the RealtyTrac. He talks about foreclosure data and the housing crisis. (Bloomberg News)

AROUND THE WEB

CRE "Partial Interest Only Loans" Coming Due
Economists See Fed on Hold in 2009
10-year yield at 4% - snarls recovery
Rate Rise Clouds Housing Picture
Is China Buying Commodities to Stockpile Them?

POPULAR FORUM DISCUSSIONS

Any chance of seeing 30yr Fixed FHA rates getting down to 4.75% any time soon, or are they heading in the other direction?
I spoke with a LO on Friday, May 22nd and he advised me that rates were 4.75%. I told him that I wanted to lock. He then told me to let him check because
Rates Schmates
I don't have a contract of any kind with my realtor. She has been helpful and I have found a house that I love. However when I started talking to her

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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Wednesday, June 10, 2009

Fed Beige Book: Deterioration Slowing, but Budget Deficit Ballooning

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TODAY'S HEADLINES

LATEST VIDEO

Fed Releases New Balance Sheet Data
A new monthly report that details where the money goes is released by the Fed, with CNBC's Steve Liesman.
In-Depth Look - Mortgage Interest
Interview and discussion with Melissa Cohn of the Manhattan Mortgage Company. He talks about home lending and housing market. (Bloomberg News)
Foreclosure crisis effects renters
Foreclosure crisis effects renters
Geithner's Plan for Systemic Risk
Treasury Secretary Timothy Geithner says the government will not propose a single regulator for systemic risk issues, reports CNBC's Hampton Pearson

AROUND THE WEB

U.S. Commercial Real Estate May Get Relief
Statement by Treasury Secretary Tim Geithner on Compensation
Federal Reserve issues first monthly report on its credit and liquidity programs
Lacker: No Rate Increases Until Growth Signals Clearer
Countrywide Exec Warned the Fed About Toxic Mortgages

POPULAR FORUM DISCUSSIONS

Loan Scenario: CO, $729,500, 690, 52% LTV, Refinance (Rate and Term)
Should I lock my mortgage rate today at 5.5% or wait till after next weeks treasury actions?
I have a quote from Quicken Mortgage . I have to close in less than 2 weeks. Does anyone know anything about this company? I am open to any offers to close

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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Wednesday, June 3, 2009

Bernanke Expects Slow Recovery; Mortgage Apps Fall

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TODAY'S HEADLINES

LATEST VIDEO

Bernanke Testimony: Rep. Ryan Statement
Rep. Paul Ryan, (R-WI) House Committee on the Budget ranking member makes an opening statement on the nation's current economic and financial conditions
Bernanke Hearing: Rep. Spratt Statement
Rep. John Spratt (D-SC) House Committee on the Budget chairman makes an opening statement on the nation's current economic and financial conditions
In-Depth Look - Banks Seek To Repay TARP Funds
Interview and discussion with Brad Hintz of the Sanford C. Bernstein. He gives his insights about the banks paying their TARP funds. (Bloomberg News)
A New World Currency on the Horizon?
Russian President Dmitry Medvedev is one of the leading supporters for a new world currency. Michael Woolfolk, of Bank of New York Mellon, and Greg Salvaggio

AROUND THE WEB

Taxpayers Will Benefit from JPMorgan's Exit from TARP
Will Congress Try to Dictate Better Market Outcomes with Regulation?
Geithner, Facing Sluggish Market, Rents His NY Home
GMAC Plunging Even Deeper into Taxpayers' Pockets

POPULAR FORUM DISCUSSIONS

Risk of Floating...
Loan Scenario: CO, $729,500, 690, 52% LTV, Refinance (Rate and Term)
Are lower rates gone forever?
Claiming their 8k Tax Credit

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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