Mortgage Newswire

Two more defendants sign consent agreements in Penland case

topix.net mortgage news - September 3, 2010 - 4:22pm
Two more defendants in the Penland real estate scheme have reached consent agreements that bars them from working in North Carolina under certain circumstances.
Categories: Mortgage Newswire

InnSuites Hospitality Trust Reports Operating Results

topix.net mortgage news - September 3, 2010 - 4:17pm
InnSuites Hospitality Trust filed Quarterly Report for the period ended 2010-07-31. Innsuites Hospitality Trust has a market cap of $10 million; its shares were traded at around $1.16 with and P/S ratio of 0.6. The dividend yield of Innsuites Hospitality Trust stocks is 0.8%. For the six months ended July 31, 2010, our total revenue was $8.4 ...
Categories: Mortgage Newswire

Morning Shorts

topix.net mortgage news - September 3, 2010 - 4:08pm
Aside from the staffing changes at the Census Bureau, which has been trimming jobs added earlier in the year for the decennial population count, private-sector employers added a modest 67,000 jobs over the month.
Categories: Mortgage Newswire

The Christmas Syndrome

topix.net mortgage news - September 3, 2010 - 4:02pm
Today's employment numbers were disastrous. We are losing jobs when we should be gathering steam.
Categories: Mortgage Newswire

When Quality Doesna t Matter

topix.net mortgage news - September 3, 2010 - 3:35pm
Back when the Web was young, Paul Graham demonstrated a new algorithm to Yahoo's Jerry Yang, one that ranked search results by user behavior and differentiated between clicks and clicks leading to purchases .
Categories: Mortgage Newswire

Economic genie is out of wishes

topix.net mortgage news - September 3, 2010 - 2:17pm
By Lou Barnes , Friday, September 3, 2010. Flickr photo courtesy of That Other Paper .
Categories: Mortgage Newswire

New Homes for Watford

topix.net mortgage news - September 3, 2010 - 1:59pm
Published by Liz Turner for Paradigm Housing Group in Housing and also in Communities Friday 3rd September 2010 - 2:41pm Chairman of Watford BC cuts the ribbon Chairman of Watford Borough council, Cllr Alan Burtenshaw, officially opened Paradigm Housing's new affordable homes at Willow Grange, Watford on August 19.
Categories: Mortgage Newswire

Lawsuits: Half-Glassed Broadway Office Building Faces Foreclosure

topix.net mortgage news - September 3, 2010 - 1:58pm
Lawsuits Friday, September 3, 2010, by Sara In happier times for the commercial real estate market, the Moinian Group was one of many landlords that decided a facade facelift on one of its properties could do wonders for its bottom line.
Categories: Mortgage Newswire

Federal Reserve Cana t Halt Double-Dip Recession

topix.net mortgage news - September 3, 2010 - 1:26pm
Since interest rates are near zero and the Federal Reserve already owns a massive share of the Treasury and mortgage securities markets, many investors worry the central bank can't prop up the economy should it take a serious turn for the worse.
Categories: Mortgage Newswire

Legal Update: Dodd-Frank Redefines 'Accredited Investor' and the SEC Provides New Guidance

topix.net mortgage news - September 3, 2010 - 1:06pm
Home > Corporate Governance , Corporate Governance > Legal Update: Dodd-Frank Redefines "Accredited Investor" and the SEC Provides New Guidance> Legal Update: Dodd-Frank Redefines "Accredited Investor" and the SEC Provides New Guidance This blog posting is an update to our blog posting entitled Legal Update: Dodd-Frank Redefines "Accredited ...
Categories: Mortgage Newswire

Reap benefits from cash-in refinance

topix.net mortgage news - September 3, 2010 - 1:00pm
By Jack Guttentag , Friday, September 3, 2010. Cash-in refinancing means putting cash into a transaction by paying down the balance, as opposed to cash-out refinancing where you take cash out by increasing the balance.
Categories: Mortgage Newswire

How Wall Street made the financial crisis worse

topix.net mortgage news - September 3, 2010 - 12:34pm
We believe we can show that some Wall Street bankers had evidence, a year or two before the financial crisis hit, that there were serious problems with subprime mortgage investments.
Categories: Mortgage Newswire

'The Too-Big-To-Fail Problem Must Be Solved'

topix.net mortgage news - September 3, 2010 - 12:06pm
Here's the statement by Ben S. Bernanke, Chairman Board of Governors of the Federal Reserve System, before the Financial Crisis Inquiry Commission, Washington, D.C., September 2, 2010 'Chairman Angelides, Vice Chairman Thomas, and other members of the Commission, your charge to examine the causes of the recent financial and economic crisis is ...
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H&R Block Beats Zacks Consensus

topix.net mortgage news - September 3, 2010 - 11:03am
Free: Profit from the Pros Claim your free subscription to Zacks' daily e-newsletter to apply the simple secret that has tripled the market's average yearly gain since 1988.
Categories: Mortgage Newswire

September 3: Market Risk - Modest Inflation Expectations Allow US...

topix.net mortgage news - September 3, 2010 - 11:00am
September 3: Market Risk - Modest Inflation Expectations Allow US Mortgage Rates to Once Again Set New Record Lows Location: McLean Author: Eileen Fitzpatrick Date: Friday, September 3, 2010 Freddie Mac yesterday released the results of its Primary Mortgage Market Survey , and for yet another week, fixed-rate mortgages reached record lows, as did ...
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September 3: Market Risk - FHFA Establishes New Housing Goals for Fannie Mae and Freddie Mac

topix.net mortgage news - September 3, 2010 - 11:00am
The Federal Housing Finance Agency has sent a final rule to the Federal Register establishing new housing goals for Fannie Mae and Freddie Mac for 2010-2011. The Housing and Economic Recovery Act of 2008 required FHFA to establish housing goals for the Enterprises for targeted segments of the mortgage market.
Categories: Mortgage Newswire

Are low mortgage rates around for a long time?

topix.net mortgage news - September 3, 2010 - 10:42am
This post over at Basically Money asks whether to refinance a mortgage .A Here's the question: I have a 5-year ARM at 4.5% APR.
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Technocratic Fundamentalism, by Arnold Kling

topix.net mortgage news - September 3, 2010 - 10:42am
Barry Eichengreen writes , Those root causes were an ideology of market fundamentalism and the policies flowing from it.
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Mortgage Credit and the Housing Bubble

topix.net mortgage news - September 3, 2010 - 10:42am
Adam J. Levitin and Susan M. Wachter write , the bubble was a supply-side phenomenon, attributable to an excess of mispriced mortgage finance: mortgage finance spreads declined and volume increased, even as risk increased, a confluence attributable only to an oversupply of mortgage finance.
Categories: Mortgage Newswire

Moinian's 1775 Broadway facing foreclosure

topix.net mortgage news - September 3, 2010 - 9:45am
Joseph Moinian's 1775 Broadway , the 26-story office tower that once housed Newsweek magazine, has been hit with a foreclosure lawsuit by a unit of Deutsche Bank AG, according to Bloomberg news.
Categories: Mortgage Newswire