Mortgage and Financial News From 2008-7-15 Page 5
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Learning from IndyMac or: How I Learned to Stop Worrying and Love the FDIC from Informa Research Services (wallstreet:online AG)
With the recent closure of IndyMac Bank, you must be wondering what happens to your deposits if your
2008-07-15 03:14:37 -
U.S. moves to shore up mortgage giants - International Herald Tribune
WASHINGTON : The United States on Sunday offered massive aid to Fannie Mae and Freddie Mac to bolster confidence in the mortgage finance giants and head off a potential meltdown in financial markets. The dollar jumped and stock futures rallied on the ...
2008-07-13 06:36:00 -
Real Estate Market Expected to Improve with New President - Forbes
Nearly half of all home buyers(1) (44%) believe the housing market will improve once the new President takes office in January, 2009, according to a new survey released today conducted by Harris Interactive(R) and commissioned by Move, Inc. (NASDAQ ...
2008-07-15 02:01:00 -
Fitch Rates Entergy Arkansas' New FMBs 'BBB+'; Outlook Stable - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings has assigned a 'BBB+' rating to Entergy Arkansas, Inc.'s (EAI; IDR rated 'BBB-' by Fitch) new issuance of first mortgage bonds (FMBs). Proceeds will ultimately be used to fund the purchase of the Ouachita ...
2008-07-15 11:17:00 -
Woes deepen for U.S. economy - Christian Science Monitor
Reporter Mark Trumbull talks about federal government assistance for the US banking industry. Expectations that the current US economic downturn will be shallow are diminishing. A severe recession in the United States still isn't the mainstream ...
2008-07-15 01:33:00 -
ALL BUSINESS:Taxpayers on hook for mortgage rescue - Boston Globe
NEW YORK— We knew it could happen, even though they said it wouldn't. The government is using our money again to haul private companies' hindquarters out of the fire -- this time it's troubled mortgage giants Fannie Mae and Freddie Mac . It's a ...
2008-07-15 12:07:00 -
Bush, Bernanke try to calm economic storm (Channel NewsAsia)
WASHINGTON : As financial market turmoil intensified on worries of a banking crisis, US President George W. Bush and Federal Reserve chairman Ben Bernanke sought Tuesday to calm jitters while warning of a bumpy road to economic recovery.
2008-07-15 02:57:24 -
Snapshot of consumer economy makes grim reading (The New Zealand Herald)
The overall picture of the economy contains little good news for those hoping predictions of a coming recession are exaggerated, say credit experts Veda Advantage.
2008-07-15 03:16:04 -
Analysis: US leaders running out of options to deal with multiple economic crises (Straits Times)
WASHINGTON - US leaders are running out of answers to America's economic crisis.
2008-07-15 03:28:20 -
Panic as Fannie Mae and Freddie Mac dive (Times Online)
Back in 1938 America was still reeling from the Great Depression when President Franklin Roosevelt came up with a scheme to kick-start the US mortgage market.
2008-07-15 03:29:38 -
Fed caught between bank woes, inflation (The Economic Times)
While the US Treasury bond market's safe-haven bid sparked by concerns about systemic financial risk is unlikely to fade any time soon, longer maturities' gains could be capped on Wednesday by confirmation that inflation is gathering momentum.
2008-07-15 03:30:35 -
Bernanke Is Pessimistic, but Bush Urges a ‘Deep Breath’ (NYTimes.com via Yahoo! Finance)
The Fed chief warned of the risks of a long slowdown and higher inflation as the president, speaking nearby, said the country’s economic pillars remained sound.
2008-07-15 03:36:58 -
ADDING MULTIMEDIA Real Estate Market Expected to Improve with New President (wallstreet:online AG)
Nearly half of all home buyers(1) (44%) believe the housing market will improve once the new President
2008-07-15 03:44:20 -
Is Your Money Safe? (GoldSeek.com)
Clearly, individual investors should have been asking whether their money was safe time and time again over the past year, rather than listening to the pundits on CNN. Many investors thought they had invested their money wisely and relied solely on the advice of their brokers.
2008-07-15 03:49:29 -
Consumers Get a Bit of Mortgage-Rate Relief - Street.Com
Mortgage rates have moved little of late, though they have been rising fairly steadily on 30-yr and 15-yr fixed rate mortgages since mid-March. A potential leveling out could give some needed breathing room to consumers looking to buy a home. The ...
2008-07-15 09:15:00