Archive for the 'Uncategorized' Category (Chronologically Listed)

Federal Reserve Releases Statement That Cuts Interest Rates

The Federal Reserve released this statement earlier today.

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Posted by Ryan Fiore on Jan 22 2008 under Ben Bernanke, Fixed-Rate Mortgages, Frederick Mishkin, Mortgage Rates, Uncategorized





Interview with Robert Steel, the Undersecretary of Domestic Finance

CNBC this morning had an interview with Robert Steel to discuss the credit crunch. Robert stated that “That we’ve been through a period of pricing and readjustment, and the good news is that there are signs of improvement.”

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Posted by Ryan Fiore on Sep 26 2007 under Uncategorized





Another Mortgage Lender Sings Bad Credit Home Loan Blues

On Thursday, American Home Mortgage withdrew its 2007 earnings forecast and will likely suffer a surprise second-quarter loss as it takes “substantial” charges for soured home loans.

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Posted by Richard Barber on Jul 02 2007 under Uncategorized