Mortgage rate
December 30th, 2008Mortgage rate
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UPDATE 1-NY Fed says bought $10.2 billion in MBS Jan 5-7 - Forbes
NEW YORK, Jan 8 (Reuters) - The Federal Reserve Bank of New York said it bought $10.2 billion in mortgage-backed securities this week as it launched a program to lower home borrowing costs. The purchases are part of a $500 billion program announced ... (more...)
Stocks end mostly higher as mortgage deal eases some worries from Wal ... - Orlando Sentinel
NEW YORK (AP) ? A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges ... (more...)
Rove falsely asserted that Frank called Bush's Fannie, Freddie reform ... - Media Matters
Summary: In his Wall Street Journal column, Karl Rove falsely claimed that Rep. Barney Frank "labeled" President George W. Bush's "proposals" for reform of Fannie Mae and Freddie Mac as "inane." In fact, Frank's remark came in response to Bush's ... (more...)
SEC reopens hedge fund investigation - Boston Globe
WASHINGTON - The Securities and Exchange Commission has reopened its investigation of possible insider trading involving a major hedge fund, a case closed two years ago that prompted scrutiny by Congress and the agency's internal watchdog. The SEC is ... (more...)
Obama pushes stimulus but warns on recession - Reuters UK
WASHINGTON (Reuters) - President-elect Barack Obama warned on Thursday the U.S. economy could stay mired in recession for years without bold action and he urged lawmakers to work day and night to pass a massive stimulus plan. Obama, who takes office ... (more...)