Finance Edition September 15, 2010

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Finance September 15, 2010

Daily Events Editions
Market News Annoucements
Sources Archives

Federal Conservatorship of Fannie Mae and Freddie Mac

Federal Conservatorship of Fannie Mae and Freddie Mac In the wake of the Federal Conservatorship of Fannie Mae and Freddie Mac, we at MIAC generally expect a `business as usual` envir -- Mortgage Industry Advisory Corp.,Dan Thomas,New York New York  09/11/2008

CAMBRIDGE CHAIRMAN SAYS HEALTHCARE BORROWERS NOT UNDULY PESSIMISTIC AS CREDIT CRISIS WORSENS

Senior housing/healthcare borrowers have mentally adjusted to the reality of a credit crunch, and worry about deteriorating economic conditions like everyone else. -- Cambridge Realty Capital Ltd,Evan Washington,Chicago Illinois  06/30/2008

MBA Evaluates SEC Regulatory Proposals on Credit Rating Agencies

SEC Opens Comment Period on Regulatory Proposals for Credit Rating Agencies -- Mortgage Bankers Association of America,John Ferber,Washington District of Columbia  06/12/2008

Personal Finance Web Site Launches Podcast Program

Bills.com, a personal finance Web site, has announced the launch of a new podcast program that will address a wide variety of financial-related topics. -- Bills.com,Bradford,san mateo California  05/13/2008

TransUnion.com Mortgage Trend Analysis Finds That Mortgage Loan Delinquency Rates Expected to Rise More Than 34 Percent

Analysis of trends in the mortgage industry during the 4th quarter of 2007 was made available today on TransUnion.com. The report is the third in an ongoing series of quarterly consumer lending sector -- Trans Union Corp.,Dave Blumberg,Chicago Illinois  05/01/2008

Student Loan Servicing Web Site Responds to Recent Survey on College Loans

StudentLoanCenter.biz, and online center for student loan information and assistance, is responding to the results of a new survey about how students are paying for college. -- Student Loan Center,Mike Cheslar,Carlsbad ca  04/15/2008

Wooster Asset Management Doubles Staff Size; Erik Postnieks, CEO, Expands Research, Risk Management and Operations Funct

Erik Postnieks, CEO and CIO of Wooster Asset Management hires 3 new team members to enhance Research, Risk Management and Operations Functions. Wooster Asset Management to relocate to 7 Times Square o -- Wooster Asset Management, LLC,Information,New York NY  03/26/2008

First Advantage Purchases Fiserv`s Mortgage Credit Reporting Division, CredStar

First Advantage Corporation (NASDAQ:FADV) , a global risk mitigation and business solutions provider, and Fiserv, Inc. (NASDAQ:FISV) , a leading provider of information technology services to the fina -- First Advantage Corporation,Henri Van Parys,St. Petersburg FL  01/04/2008

Simmons and First Manhattan Consulting Group Launch New Targeting Tools for Financial Services Advertisers

Financial Personalities(SM), based on consumers` needs, attitudes and behaviors, provides advertisers with new tools to improve their returns on mass media investments -- First Manhattan Consulting Group,Dave Aneckstein,New York NY  10/15/2007

NFCC Applauds Creation of HOPE NOW Alliance As Largest National Housing Counseling Network, Pledges Support and Resource

As the nation`s largest network of housing counseling agencies, the National Foundation for Credit Counseling (NFCC) applauds the creation of the HOPE NOW Alliance. HOPE NOW is a collaboration of cou -- National Foundation for Credit Coun,Nick Jacobs,Silver Spring MD  10/15/2007

Bond Yields Close with Little Change

MBS and Treasury prices opened higher on Tuesday, with yields lower. Prices softened throughout the day, though, returning very near where they left off the day before. By the end of trading, the 10-y -- MortgageMag.com,Rob Hain,San Antonio Texas  09/25/2007

Consumer Confidence Slumps, Home Sales Decline

Consumer confidence slumped to the lowest level in almost two years and home sales weakened, threatening U.S. household spending and bolstering the case for the Federal Reserve to keep cutting interes -- Bloomberg,Shobhana Chandra and Bob Willis,New York NY  09/25/2007

Treasuries Post Slim Gains

Treasury prices finished mostly higher Monday, shaking off an early decline and benefiting from a downturn in the stock market. -- Forbes (AP),Leslie Wines,New York NY  09/25/2007

No Data Due - Yields Barely Move

There was no data due on Monday. MBS and Treasury prices moved little, particularly in comparison to their wild ride the week before. By the end of trading, the 10-year Treasury yield was down to 4. -- MortgageMag.com,Rob Hain,San Antonio Texas  09/24/2007

No Data Due - Yields Ease

After a week of falling bond prices, MBS and Treasury prices lifted in the absence of economic data on Friday, taking yields down slightly. By the end of Friday`s trading, the 10-year Treasury yield w -- MortgageMag.com,Rob Hain,San Antonio Texas  09/21/2007

Treasury prices rise

Market settles after three day selloff; yields drop easing inflation fears -- CNN/Money (AP),,New York NY  09/21/2007

Manufacturing Soars - Yields Up

With each data release, MBS and Treasury prices fell, taking yields upward. By the end of the day, the 10-year Treasury yield was up to 4.67%, a full 15 basis point increase over the previous day`s cl -- MortgageMag.com,Rob Hain,San Antonio Texas  09/20/2007

Treasury 10-Year Notes Fall Most Since June on Inflation Risk

Treasury 10-year notes fell the most since June on speculation the drop in the dollar and the Federal Reserve`s half-percentage-point cut this week in borrowing costs will fuel inflation. -- Bloomberg,Daniel Kruger and Deborah Finestone,New York NY  09/20/2007

Philadelphia Fed`s Factory Index Increased to 10.9

Manufacturing in the Philadelphia region accelerated more than forecast this month as orders and sales improved. -- Bloomberg,Courtney Schlisserman,New York NY  09/20/2007

Leading indicators fall 0.6% in August

A gauge of future economic growth plunged 0.6% in August, pointing to slower economic growth ahead, the Conference Board reported Thursday. -- MarketWatch,Rex Nutting,Washington DC  09/20/2007

Jobless claims fall to 311,000

In an indication that layoffs haven`t increased significantly, the number of U.S. workers filing for unemployment benefits fell by 9,000 last week to a seven-week low of 311,000, the Labor Department -- MarketWatch,Rex Nutting,Washington DC  09/20/2007

Overall Prices Decline - Yields Wander

Bond yields opened higher than Tuesday`s close, and they wandered throughout the day. The 10-year Treasury yield closed very near its opening level, at 4.52%. -- MortgageMag.com,Rob Hain,San Antonio Texas  09/19/2007

CPI falls 0.1% on drop in energy prices

U.S. consumer prices fell 0.1% in August as energy prices dropped for a third straight month, the Labor Department reported Wednesday, giving the Federal Reserve some belated backing for its decision -- MarketWatch,Rex Nutting,Washington DC  09/19/2007

U.S. Housing Starts Fell in August to 12-Year Low

Builders in the U.S. began work on the fewest homes in 12 years in August, raising the risk the real- estate recession will spread to other parts of the economy. -- Bloomberg,Shobhana Chandra,New York NY  09/19/2007

Producer Prices Mixed - Fed Lowers Rates

After opening higher and pushing upward, MBS and Treasury yields dropped after the rate announcement. The 10-year Treasury yield closed at its lowest of the day, but still higher than the day before - -- MortgageMag.com,Rob Hain,San Antonio Texas  09/18/2007

Financial stocks jump after Fed cuts rates

Financial stocks moved sharply higher Tuesday afternoon, adding to earlier gains, after the Fed cut short-term interest rates by half a percentage point -- MarketWatch,Greg Morcroft,New York NY  09/18/2007