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Builder Spirits Not Rebounding While Housing Starts, Permints Continue To Slide
There is an old Western expression that a person's mood is "lower than a snake's belly." Well lift up that snake and you just might find a home builder under it. NAHB Chief Economist David Seiders said, "Consumers are still tryin
01-27-2008 Tags , , , ,

Mortgage Rates Boosted By Solid Jobs Report - Construction Jobs Suffer
Buoyed by the strong employment figures for September that were released last week, mortgage interest rates rose slightly in all categories according to Freddie Mac's Primary Mortgage Market Survey for the previous week. It is interesting that, with
01-27-2008 Tags , , ,

Countrywide CEO Angelo Mozilo Under SEC Spotlight
Reuters News Service and the Associated Press are both quoting a story in the Wall Street Journal on Wednesday that the controversial CEO of Countrywide Mortgage, Angelo Mozilo, is under an informal investigation by the Securities and Exchange Commission
01-27-2008 Tags , , , ,

Bear Stearns To Cut Back On Mortgage Products
Bear Stearns To Cut Back On Mortgage Products MortgageNewsDaily.com Video News BLOOM Oct. 23, 2007. 12:14 AM EST A look at what the future holds for investment firms such as Bear Stearns. Click Here To View Video News Tags: Chic
01-23-2008 Tags , , , ,

Wall St. Liable for Loans?
Wall St. Liable for Loans? MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 1:25 PM EST A look at a new mortgage bill that's on the table in Congress, with John Taylor, CEO of the National Community Reinvestment Coaliti
01-14-2008 Tags , , , ,

Unprecedented Times for Lenders
Unprecedented Times for Lenders MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 4:32 PM EST Countrywide is planning to refinance $16B worth of adjustable-rate mortgages scheduled to reset at higher rates soon. Click Here To
01-13-2008 Tags , , ,

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