US Mortgage

US Cuts Key Interest Rate to Stave Off Economic Downturn - Voice of America

Published on October 29th, 2008 by admin in US Mortgage

US Cuts Key Interest Rate to Stave Off Economic Downturn
Voice of America - 3
Bank lending has been essentially frozen for months due to a year-long credit squeeze that was triggered by defaults on sub-prime US mortgage loans. …

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58 words, 1 image, reading time ~ 14 secs

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Fannie Mae, Freddie Mac fulfilling housing mission, regulator says - MarketWatch

Published on October 29th, 2008 by admin in US Mortgage

Fannie Mae, Freddie Mac fulfilling housing mission, regulator says
MarketWatch - 3
… but it will be some time before normalcy returns to the US mortgage markets because of all the other financial events that have overwhelmed it. …

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54 words, reading time ~ 13 secs

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Dollar Slips To New Multi-day Lows Against Some Majors, Fed Rate … - RTT News

Published on October 29th, 2008 by admin in US Mortgage

Dollar Slips To New Multi-day Lows Against Some Majors, Fed Rate …
RTT News, NY - 2
… $1 trillion into the financial system to counter a credit crisis that started with the collapse of the US mortgage market and spread around the world. …

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64 words, 1 image, reading time ~ 15 secs

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- US MORTGAGE REFINANCING INDEX JUMPS 28.5 PCT TO 1489.4 IN OCT 24 … - FXstreet.com The Foreign Exchange Market

Published on October 29th, 2008 by admin in US Mortgage

- US MORTGAGE REFINANCING INDEX JUMPS 28.5 PCT TO 1489.4 IN OCT 24 …
FXstreet.com The Foreign Exchange Market, Spain - 1 hour ago
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the …

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70 words, reading time ~ 17 secs

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30-year US Mortgage Rate Rise: 1/8 percentage point - 100 Mortgages

Published on October 29th, 2008 by admin in US Mortgage

30-year US Mortgage Rate Rise: 1/8 percentage point
100 Mortgages, UK - 4
In the US the 30-year mortgage rate average went 0.8 percent making the average with NO upfront points to be at 6.5 percent according to BestInfo Inc on …

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56 words, 1 image, reading time ~ 13 secs

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Bank of China says 3Q net profit up 11.5 pct - The Associated Press

Published on October 29th, 2008 by admin in US Mortgage

Bank of China says 3Q net profit up 11.5 pct
The Associated Press - 1 hour ago
Holdings of debt securities issued or backed by US mortgage giants Freddie Mac and Fannie Mae were worth $9.95 billion, it said. Impairment losses on loans, …

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62 words, reading time ~ 15 secs

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US Mortgage Applications Spike Higher on Lower Borrowing Costs - Daily FX

Published on October 29th, 2008 by admin in US Mortgage

US Mortgage Applications Spike Higher on Lower Borrowing Costs
Daily FX, NY - 1 hour ago
Mortgage applications in the US increased 16.8% last week to bounce back from an eight year low. The breakdown of the report showed that refinancing surged …

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58 words, reading time ~ 14 secs

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Bank of China Q3 net profit up 12 pct but growth slows - guardian.co.uk

Published on October 29th, 2008 by admin in US Mortgage

Bank of China Q3 net profit up 12 pct but growth slows
guardian.co.uk, UK - 1 hour ago
BOC said its carrying value of debt issued by embattled US mortgage companies Freddie Mac and Fannie Mae was $6.2 billion by end-September, and its carrying …

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62 words, reading time ~ 15 secs

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Realogy Proposes Short-Term Government Buy-Down in Mortgage Rates … - MarketWatch

Published on October 29th, 2008 by admin in US Mortgage

Realogy Proposes Short-Term Government Buy-Down in Mortgage Rates …
MarketWatch - 2
… mortgage rates would directly stimulate the housing market — both in sales volume and price — and thus accelerate the overall US economic recovery. …

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54 words, reading time ~ 13 secs

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Mortgage applications bounce from 8-year low - Reuters

Published on October 29th, 2008 by admin in US Mortgage

Mortgage applications bounce from 8-year low
Reuters - 2
NEW YORK (Reuters) - Demand for US mortgage applications climbed last week from a nearly eight-year low, while borrowing costs dipped, a trade group said on …

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48 words, reading time ~ 12 secs

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Santa Cruz County Bank reports loss for quarter as deposits soar - Santa Cruz Sentinel

Published on October 29th, 2008 by admin in US Mortgage

Santa Cruz County Bank reports loss for quarter as deposits soar
Santa Cruz Sentinel, CA - 4
… loans or subprime loans and does not hold any stock in Fannie Mae or Freddie Mac, which guaranteed about half of the US mortgage market this year. …

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64 words, reading time ~ 15 secs

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WRAPUP 1-Japan poised to join global rate response to crisis - Reuters

Published on October 29th, 2008 by admin in US Mortgage

WRAPUP 1-Japan poised to join global rate response to crisis
Reuters - 2
… than a move to cushion the Japanese economy, which looks increasingly vulnerable to the crisis sparked last year by US mortgage defaults, analysts said. …

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55 words, reading time ~ 13 secs

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Bank of China Q3 net up 11.5 pct; end-Sept asset impairment loss … - Trading Markets (press release)

Published on October 29th, 2008 by admin in US Mortgage

Bank of China Q3 net up 11.5 pct; end-Sept asset impairment loss …
Trading Markets (press release), CA - 2
… representing 0.6 pct of the investment securities of the group, while the carrying value of non-agency US mortgage -backed securities was 4.337 bln usd. …

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68 words, reading time ~ 16 secs

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Who's Behind The Economic Collapse? Republicans Or Democrats? - Post Chronicle

Published on October 28th, 2008 by admin in US Mortgage

Who's Behind The Economic Collapse? Republicans Or Democrats?
Post Chronicle - 2
"During the Fannie and Freddie crisis, Paulson used his credibility with Chinese leaders to reassure them that the US mortgage companies weren't in jeopardy …

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52 words, reading time ~ 12 secs

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Asia defends currencies even as stocks fluctuate wildly - Christian Science Monitor

Published on October 28th, 2008 by admin in US Mortgage

Asia defends currencies even as stocks fluctuate wildly
Christian Science Monitor, MA - 4
What began as panic driven by exposure to US mortgage -backed loans has affected most aspects of the global economy. "[Asian] governments are in good shape, …

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56 words, 1 image, reading time ~ 13 secs

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