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Fannie Mae to offer $6b in notes (AP)
Personal Finance News - Yahoo! News - Thu, 11 Mar 5a8 2010 20:48:53 GMT
AP - Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.

Gov't official warns on home down payment hikes (AP)
Personal Finance News - Yahoo! News - Thu, 11 Mar 2010 20:28:00 GMT
AP - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market.

Stocks Are Quiet While Currencies Scream (The Motley Fool)
Personal Finance News - Yahoo! News - Thu, 11 Mar 2010 16:53:02 GMT
The Motley Fool - After a down January, the stock market is again positive for the year. The much-fabled January effect barometer didn't work in 2009, and it remains to be seen if it will work in 2010. Economic data has continued its slow improvement, keeping st 5a8 ocks fairly calm. The wild action so far this year has been in the currency markets.

Mortgage rates remain below 5 percent (AP)
Personal Finance News - Yahoo! News - Thu, 11 Mar 2010 16:23:14 GMT
In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)

Foreclosures drop for 2nd month in February: RealtyTrac (Reuters)
Personal Finance News - Yahoo! News - Thu, 11 Mar 2010 12:20:14 GMT
In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)

Quinn seeks income tax hike for schools (AP)
Personal Finance News - Yahoo! News - Wed, 10 Mar 2010 19:47:33 GMT
Illinois Gov. Pat Quinn delivers his State of the Budget address to a joint session of the Illinois General Assembly on the House floor at the Illinois State Capitol in Springfield, Ill., Wednesday, March 10, 2010. (AP Photo/Seth Perlman)

Home loan demand nudges higher in latest week (Reuters)
Personal Finance News - Yahoo! News - Wed, 10 Mar 2010 15:00:52 GMT
In this Feb. 28, 2010 photo, a realtor's sign proclaims a residential home sale in Sudbury, Mass. Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, March 11, 2010, weeks before a government program that has been keeping rates low is scheduled to expire.(AP Photo/Bill Sikes)

Nationalized UK bank Northern Rock back in profit (AP)
Personal Finance News - Yahoo! News - Wed, 10 Mar 2010 08:47:59 GMT
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.

One Congressman's Solution for Boosting Small Business Loans (The Motley Fool)
Personal Finance News - Yahoo! News - Tue, 09 Mar 2010 21:24:07 GMT
The Motley Fool - The first Friday of every month brings the all-important employment report. February's numbers were better than anticipated. The United States lost only 36,000 jobs, versus the 68,000 that experts expected. This compares with 651,000 jobs lost in February 2009. Still, the unemployment rate held steady at 9.7%, with the unofficial rate stuck around a whopping 16%.

Commercial delinquency lower than other mortgages (AP)
Personal Finance News - Yahoo! News - Tue, 09 Mar 2010 19:41:53 GMT
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.

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References:
i. Small Business Encyclopedia - Libraryo.com
ii. Encyclopedia of Business and Finance - Libraryo.com


   

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