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
2856 Stories, most recent news story added Thu Nov 26, 11:18 pm ET
Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard
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.
Deutsche Bank AG and a BNP Paribas unit sued Bank of America NA on Wednesday over allegations the bank failed to pay back $1.73 billion in secured notes.
-- TUESDAY, Dec. 1 NEW YORK - The Institute for Supply Management releases its manufacturing index for November, 10 a.m.
-- SUNDAY, Nov. 29 Date several airlines will add 10-dollar surcharges on most of their tickets.
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.
Sales of new U.S. homes rose more than expected last month to the highest level in more than a year as the housing market shows some stability after its historic collapse.
U.S. consumer spending and home sales rose more than expected in October, while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction.
Nov. 25 (Bloomberg) -- Rates for 30-year fixed U.S. home loans fell for a fourth straight week, matching a record low of 4.78 percent set in April. The rate dropped from 4.83 percent last week, mortgage buyer Freddie Mac of McLean, Virginia, said today in a statement.
Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South.
Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days. During that period, Fannie Mae will only consider bids from buyers who intend to live in the homes, or those using public... FannieMae - Foreclosure - Real estate - Mortgage - Business
(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.
Mortgage rates match record low McLEAN, Va. - Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. Rates for 30-
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.
Freddie Mac, the government-backed mortgage finance giant, said Monday it's trying to minimize losses on more than $1 billion in assets at risk because of the summer collapse of mortgage lender Taylor, Bean & Whitaker and a regional bank with which it did business.
Average rates for 30-year fixed mortgages fell this week, matching the lowest levels on record and putting them more than a percentage point below what they were a year ago, Freddie Mac said Wednesday.