Mortgage and Financial News From 2009-12-29 Page 01
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Fannie Mae: Delinquencies Increase Sharply in October - Democratic Underground.com
Includes seriously delinquent conventional single-family loans as a percent of the total number of conventional single-family loans. These rates are based on conventional single-family mortgage loans ... these stats do include Home Affordable ...
2009-12-29 08:44:00 -
Mass. home prices slip ever-so-slightly in October - Boston Globe
Housing values in the Boston area dipped a tiny amount in October for the second straight month, suggesting the real estate market had still not fully shifted into recovery mode. The monthly S&P/Case-Shiller Home Price Indices released yesterday ...
2009-12-29 09:27:00 -
2009: A year in review - Pres. Barack Obama - NECN
(NECN: Alison King) - The world watched on January 20th, as President Barack Obama was sworn into office. Looking back, it was perhaps Obama's easiest accomplishment of 2009. Day one saw a flurry of executive orders. Day two the president firmly put ...
2009-12-29 09:48:00 -
Home prices climb again - Desert Sun
The index was off 7.3 percent from October last year, nearly matching expectations of economists ... The Federal Reserve is also buying up $1.25 trillion in mortgage-backed securities to help keep interest rates at historical lows.
2009-12-29 09:20:00 -
Twin Cities home sales figures give little solace - Minneapolis Star Tribune
The fragile housing recovery in Minneapolis-St. Paul held on by its fingernails in October, as prices rose slightly, the widely watched Case-Shiller report on home prices said Tuesday. The monthly survey by the Standard and Poor's financial service ...
2009-12-29 09:56:00 -
Home Prices Mask Signs of Weakness - New York Times
Just as the economy is finally beginning to strengthen, the real estate market is showing new signs of deterioration. Prices slipped in many cities in October, new figures show, despite low mortgage rates and a generous tax credit meant to spur sales ...
2009-12-29 09:05:00 -
New Slip in Housing Prices Undercuts Fragile Optimism - New York Times
Although prices rose in San Francisco, many people are still living in homes that are worth less than the balance of their loans. Prices slipped in many cities in October, new figures show, despite low mortgage rates and a generous tax credit meant ...
2009-12-29 09:56:00 -
Adam Kovacs confirms the American dream - Sonoma Index Tribune
Ten years ago, Sonoma auto dealer Adam Kovacs didn't speak English and, "Honest to God," didn't even know where California was. Today ... Valley, the place he and Evelyn chose to call home. Paying off the start-up loan for his Marin shop in the first ...
2009-12-29 06:06:00 -
Florida requires mediation in foreclosure disputes - Fort Lauderdale Sun-Sentinel
... horrifying" in an August report issued by Florida's Task Force on Residential Mortgage Foreclosure Cases. "Right now, we have a court system that is going to break with the volume of foreclosures," said Boca Raton real estate attorney Marlyn ...
2009-12-29 05:09:00 -
U.S. financial scandals seen sparking 2010 zeal - CNN Money
WASHINGTON (Reuters) - The year of the Ponzi scheme will be followed by heightened regulation and more aggressive prosecutions, experts say, as U.S. officials respond to past failures. Bernard Madoff's massive $65-billion fraud grabbed most of the ...
2009-12-29 04:19:00 -
Stimulus money to fuel BRAC housing developments near Aberdeen Proving ... - Baltimore Business Journal
and Rellim Development LLC, has been awarded a $3.1 million first mortgage from Bank of America , a $270,643 HOME Loan from Harford County, a ... Credits, which the department said raised $5.7 million in equity through Bank of America.
2009-12-29 05:09:00 -
GMAC may get $4 billion more in aid - Houston Chronicle
We have been conducting a strategic review of our business and evaluating options to address the challenges at ResCap and at the mortgage operation,” GMAC spokeswoman Gina Proia said today in an interview. “As we stated on Nov. 9, Treasury is in ...
2009-12-29 06:49:00 -
The bubble decade: Get-rich-quick lure of stocks, oil, mortgages led ... - Stockhouse
NEW YORK - A string of exploding investment bubbles that started with the dot-coms and ended with mortgages and oil dominated the years from 2000 to 2009. And it looks like the next decade will be no different. It doesn't seem to matter to many hedge ...
2009-12-29 06:21:00 -
What Suckers We Are - Investors Business Daily
Statism: Let's face it: Big government is making suckers out of all of us. All of us, that is, who play by the rules and pay our bills. Here's a little test to see just how big a sucker you really are. Are you still paying your mortgage each month at ...
2009-12-29 05:59:00 -
UPDATE 4-Russia, Ukraine agree oil deal to avert supply cut - Reuters
KIEV/MOSCOW, Dec 29 (Reuters) - Ukraine and Russia have signed a deal on oil transit for 2010, allaying fears of supply cuts to Europe, in a deal Ukrainian state energy firm Naftogaz says will require Moscow to pay 30 percent more in transit fees ...
2009-12-29 01:06:00