Archive for June, 2009|Monthly archive page

Wachovia Fined $1.4 Million By Finra For Not Sending Prospectuses

In Real Estate on June 30, 2009 at 10:34 pm

allegedly overconcentrated their accounts with preferred shares of financial institutions like Citigroup Inc. (C), Merrill Lynch and Fannie Mae (FNM).

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In Real Estate on June 30, 2009 at 10:34 pm
MSN Money

Blame sinking consumer confidence for today's decline, along with a Fannie Mae (FNM) report showing a big increase in mortgage delinquencies.

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Last day of the quarter; Citi, MGIC news; Which way is the economy 

In Real Estate on June 30, 2009 at 6:35 pm

CitiMortgage announced that beginning next week, on the 11th, Fannie Mae Expanded Approval (EA) and Freddie Mac A-Minus programs will be discontinued and that they will no longer accept loans with DU findings of EA or LP findings of

Mortgage News Clips – http://ping.fm/ljVsx


Home Sales Perk Up, But Expensive Houses Languish | 4VF News 

In Real Estate on June 30, 2009 at 6:34 pm

The federal government has done a lot to try to keep interest rates low — like buying up mortgaged-backed securities from Fannie Mae and Freddie Mac — but loans over a certain size are often exempt. The rates on “jumbo” loans have

4VF News – Daily News Channel – http://www.4vf.net/


UK Bubble: House prices continue to increase

In Real Estate on June 30, 2009 at 6:34 pm

Alistair Darling to resign on 21st July – There are some assumptions behind the statement in the title. Some more likely than others: – in the first place, revised GDP figures out today for Q1 2009… 5 hours ago. Money is the way · Looking
into the future with Jeff Immelt – Jeff …. Weekend Video – From the Morningstar website earlier in the week: In May, real estate developers met in Las Vegas to discuss the future of the American shopping mall. Judg… 3 days ago

UK Bubble – http://ping.fm/BJgY4


Fannie, Freddie Bolster Multifamily Homes As Delinquencies Up

In Real Estate on June 30, 2009 at 4:29 pm

By Aparajita Saha-Bubna and Dawn Wotapka BOSTON -(Dow Jones)- Loans for multifamily housing, a rare bright spot in the portfolios of Fannie Mae (FNM) and

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Primary watch: Newsom's generational challenge, Crist as the 

In Real Estate on June 30, 2009 at 4:28 pm

It's this kind of something-for-nothing economics that gave us the debacle of Fannie Mae. With that philosophy, Mr. Crist would feel right at home in Washington. Update: I'm not sure how I did not think about that, but Panos raises the

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U.S. 'may be seeing bottoming' of home prices, Lockhart says 

In Real Estate on June 30, 2009 at 4:28 pm

From Bloomberg: Fannie Mae and Freddie Mac's federal regulator said home prices may be “bottoming” in the U.S. as government efforts to bolster the market gain traction. “We're in a process where we may be seeing some bottoming,” James

Opalesque Real Estate Briefing – http://ping.fm/FoVg8


Council's Decision Over CCTV Use 'a Breach of Civil Liberties 

In Real Estate on June 30, 2009 at 4:27 pm

“The redirection of the cameras, away from the flats they were installed to monitor, will compromise the security of these homes. The Council's action is excessive, unwarranted and a breach of civil liberties. Katy on Twitter

Katy Gordon – http://ping.fm/OMSPS


Fannie Mae to sell $1 bln in bills on We

In Real Estate on June 30, 2009 at 10:31 am

NEW YORK, June 29 (Reuters) – Fannie Mae, the largest US home funding company, said on Monday it plans to sell $500 million of three-month benchmark bills

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