Mortgage and Financial News From 2010-4-29 Page 01
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Trouble with reform: These are ironic times on Wall ... - Anniston Star
Greenspan, for his part, encouraged the growth of second mortgages on Keynesian grounds. “I think it’s fairly evident,” he said in 2002, “the unprecedented levels of equity extractions from homes have exerted a strong impetus on household ...
2010-04-29 05:30:00 -
COLUMN: Where do we go from here? - Destin Log
Appraisal values did not get distorted beyond recognition, loan-to-value ratios were not ignored, and secret second mortgages were not encouraged. Those rules didn’t get changed on Main Street. Designer mortgages which we recognize today as a ...
2010-04-29 10:09:00 -
Consumer watchdog must be strong - MarketWatch
Consumer watchdog must be strongMarketWatchAs proposed by Democrats, a watchdog agency would write rules for entities that provide services and products such as mortgages, credit cards and student ...and more »
2010-04-29 02:08:51 -
Financial reform without Fannie and Freddie? - Christian Science Monitor
Financial reform without Fannie and Freddie?Christian Science MonitorThe US mortgage market remains the second largest market for securities in global finance. The two GSEs represent nearly half of the residential mortgage ...and more »
2010-04-29 02:22:03 -
Time to add ads? - InternetRetailer.com
Time to add ads?InternetRetailer.comA second successful strategy is paid product placement, whereby a vendor pays an online retailer to feature or prioritize its products in well-trafficked ...
2010-04-29 03:32:53 -
CREDIT MARKETS:Strong Earnings Boost Sentiment,Lifting Credit - Wall Street Journal
CREDIT MARKETS:Strong Earnings Boost Sentiment,Lifting CreditWall Street JournalAfter the last couple of days of heavy buying and selling, agency mortgages took a break Thursday. There was little reaction to the rally in Treasurys, ...and more »
2010-04-29 03:52:55 -
Top Senate Democrat Questions Obama Foreclosure Program's Effectiveness - Huffington Post (blog)
Top Senate Democrat Questions Obama Foreclosure Program's EffectivenessHuffington Post (blog)Its figures are for first-lien home mortgages only. Debt owed on junior liens, like second liens and home equity lines, isn't part of that calculation. ...and more »
2010-04-29 04:05:41 -
Genworth Financial Announces First Quarter 2010 Results - American Chronicle
Genworth Financial Announces First Quarter 2010 ResultsAmerican ChronicleSecond, MIC plans to return up to CAD$350 million of its capital to shareholders in 2010. These actions are all subject to market conditions and final MIC ...and more »
2010-04-29 04:07:39 -
Are Wireless ISPs Steering Away From The Concept Of Overages? - Dslreports
Are Wireless ISPs Steering Away From The Concept Of Overages?DslreportsWhile caps are still in play, at least users under these models aren't facing insane 3G data bills that require second mortgages because they couldn't ...and more »
2010-04-29 04:09:20 -
Viewpoint Piece Expressed By United States Senate Candidate Casablanca On The ... - PR Newswire (press release)
Viewpoint Piece Expressed By United States Senate Candidate Casablanca On The ...PR Newswire (press release)For years and years, the Obama/Gillibrand/Dodd cabal pushed financial institutions to give mortgages to people who did not meet underwriting standards. ...and more »
2010-04-29 04:18:41 -
10 Ways the American Economy Is Built on Fraud - AlterNet
10 Ways the American Economy Is Built on FraudAlterNetAnd no one's going to second-guess them, because everyone else is mark-to-modeling their “Orion Butt Fungi” too! The end result: under the old rules, ...
2010-04-29 04:26:52 -
Bond prices edge up on European debt woes - The Associated Press
Bond prices edge up on European debt woesThe Associated PressThe yield on the 10-year note is linked to rates on mortgages and other consumer loans. The Labor Department's weekly update on jobless claims showed the ...and more »
2010-04-29 04:58:47 -
State-owned banks 'failing on mortgages'
GOVERNMENT-owned banks are trailing smaller lenders and building societies when it comes to keeping mortgage customers happy, a survey showed today.
2010-04-28 04:15:26 -
Financial reform without Fannie and Freddie?
The Senate began debate Thursday on an overhaul of the financial-services industry. Conspicuously left out of the main bill are any big reforms of the housing finance system whose roguish, risk-taking behavior was at the root of Wall Streets near-meltdown.
2010-04-29 02:20:42 -
Bond prices edge up on European debt woes
The Treasury market traded in a narrow range Thursday as investors balance European debt concerns with signs of an improving U.S. economy.
2010-04-29 04:26:13