Business - Real Estate
| 12/04/2008 12:17 PM |
| Mortgage rates post largest drop in 27 years (Reuters) |
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Reuters - Interest rates on U.S. 30-year fixed-rate mortgages plummeted by the largest amount in 27 years this week after an unprecedented intervention by the Federal Reserve, data from home funding company Freddie Mac showed on Thursday.
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| 12/04/2008 12:16 PM |
| Bernanke urges action to halt foreclosures (Reuters) |
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| 12/04/2008 10:55 AM |
| FDIC's Bair warns investors fighting loan changes (AP) |
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AP - Investors in mortgage securities who are challenging home loan modification programs aimed at avoiding foreclosures could provoke a "backlash" from Congress, the head of the FDIC said Thursday.
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| 12/04/2008 10:23 AM |
| Bernanke: more action needed to cut foreclosures (AP) |
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| 12/04/2008 09:56 AM |
| Mortgage rates drop to lowest level since January (AP) |
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| 12/04/2008 08:57 AM |
| Seabreeze's Kass favors U.S. stocks over Treasuries (Reuters) |
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Reuters - Hedge-fund manager Doug Kass, who successfully shorted U.S. equities this year including shares of Fannie Mae and Freddie Mac , is now buying U.S. stocks on the belief that they have hit bottom.
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| 12/04/2008 08:38 AM |
| Toll loss narrows, shares rise sharply (Reuters) |
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Reuters - Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates.
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| 12/04/2008 08:09 AM |
| Treasury weighs plan to rescue housing sector: report (AFP) |
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| 12/04/2008 06:08 AM |
| Home Foreclosures Continue, Despite Bank's 'Freeze' (BusinessWeek Online) |
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BusinessWeek Online - Some homeowners say they are still receiving foreclosure notices, even from banks that have said they would halt the process until the New Year.
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| 12/04/2008 07:23 AM |
| Toll Brothers 4Q loss narrows, no 2009 forecast (AP) |
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| 12/04/2008 03:13 AM |
| UK house prices fall at fastest rate in 16 years (AP) |
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AP - House prices in Britain fell at their fastest rate in 16 years during November, the country's biggest mortgage lender said Thursday, reinforcing market expectations that the Bank of England will later cut interest rates by at least another percentage point.
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| 12/03/2008 10:01 PM |
| Paulson Considers New Plan to Resuscitate U.S. Housing Market (Bloomberg) |
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| 12/03/2008 06:01 PM |
| U.S. working on affordable mortgage plan: sources (Reuters) |
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| 12/03/2008 05:24 PM |
| Financial industry pushes for lower mortgage rates (AP) |
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AP - Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates and help stabilize the battered U.S. housing market.
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| 12/03/2008 04:19 PM |
| SEC adopts new rules for credit-rating agencies (AP) |
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AP - Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis.
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| 12/03/2008 02:21 PM |
| Obama: Financial bailout must help homeowners, too (AP) |
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| 12/03/2008 01:57 PM |
| Woman's skeleton found in foreclosed L.A. home (Reuters) |
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Reuters - Police investigating a foreclosed Los Angeles house found the skeleton of an elderly woman, apparently dead for two years, who had lived there with her 48-year-old son.
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| 12/03/2008 10:36 AM |
| Obama says reviewing TARP, eyeing homeowner relief (Reuters) |
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| 12/03/2008 10:14 AM |
| Russia to buy out mortgages from banks (AP) |
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AP - Russia's government pledged a mortgage buyout Wednesday and announced more aid for major airlines and other companies beyond an existing $200 billion financial rescue package, Russian news agencies reported.
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| 12/03/2008 09:42 AM |
| Mortgage applications post largest gain ever (Reuters) |
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