Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard
Zacks.com - Wed Nov 25, 7:56 am ETZacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard
2830 Stories, most recent news story added 28 minutes ago
Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard
Bill O'Brien wants Direct Edge to become the next registered stock exchange. Twice.
The unstable environment of a bad economy can leave homeowners dreading how low their home value will go. Over the summer, Zillow, an online real estate marketplace, revealed that people who purchased a home just two years prior, when most markets peaked, had the highest rates of negative equity . This occurs when the home value is less than the original mortgage amount, and is also known as an ...
The average interest rate for a 30-year fixed mortgage fell this week to a record low set in the spring and more than a full percentage point lower than a year ago, said Freddie Mac, which has tracked rates since 1971.
I am a broker in Irvine, Calif. I recently sold a home which drew five offers in five days. In reviewing the buyers' financials for all five offers, I noticed that most of their accounts showed a number of large deposits over the previous 30 days from overseas.
The expected boom in natural gas leasing has some local lending institutions reconsidering their mortgage policies. And local borrowers who stand to make a lot of money from leasing their potential gas rich properties to energy companies are concerned, lenders say.
MCLEAN, VA. — Freddie Mac reports that average rates for 30-year fixed mortgages have matched a record low of 4.78 percent this week.
Freddie Mac, the mortgage-finance company under government control, said defaults among its loans rose to a record 3.54 percent last month, while its portfolio of residential assets fell at an annualized rate of 21.6 percent.
U.S. retailers break Thanksgiving taboo … Fannie Mae to tighten lending standards … Unemployment expected to rise in Britain … U.S. dollar value slips against yen ... News from United Press International.
The state's October unemployment rate climbed to 9.5 percent, rising from September's revised rate of 8.9 percent, the Mississippi Department of Employment Security reported Wednesday.
Former Heflin resident, Virginia Pope, was among 20 ladies recently honored by the Junior League of Douglas County, Ga., for outstanding community service.
Xavier Rolet, the London Stock Exchange's chief executive, hasn't had a good week. On Nov. 26, technical glitches halted trading on the 300-year-old bourse, leaving traders unable to execute deals after 10:35am London time. That's the second time technical problems have stopped LSE trading this ...
(AP:LONDON) The London Stock Exchange PLC halted trading for three and a half hours on Thursday because of a technical glitch that prevented some customers from connecting to its systems.
WASHINGTON, Nov. 26 (UPI) -- Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans more crackdowns next month to further tighten lending practices.
The zero-interest-rate policy of the Fed is sold to the public as a benign economic rescue in the public interest. The stark reality is that this policy is a disguised tax implemented by the Fed. It takes income from savers and hands it as a subsidy to borrowers.
Integrity is that dependability at the heart of relationships and corporate trust.