Thursday, May 13th, 2010
The agency's announcement that it will buy $1 trillion in debt could lower home-loan rates by a full point and stimulate the housing market, economists say. Escalating the government's already aggressive effort to revive the struggling economy, the Federal Reserve said Wednesday that it would spend an additional $1 trillion ...
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Tuesday, May 11th, 2010
March 19 (Bloomberg) -- TCW Group Inc., the money manager overseeing more than $100 billion, has lobbied the Treasury Department to change the U.S. mortgage-modification plan to include better protections for bond investors and taxpayers, Chief Investment Officer Jeffrey Gundlach said.source
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Monday, May 10th, 2010
Stocks fluctuated in early trading, a day after the Fed announced plans to buy up $750 billion in mortgage-backed securities and $300 billion in Treasury debt.source
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Sunday, May 9th, 2010
MIAMI, FL--(Marketwire - March 19, 2009) - Expert Group, Inc. ( PINKSHEETS : EXPU ) is now offering free quotes for Federal Housing Administration real estate loans. FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued ...
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Saturday, May 8th, 2010
WASHINGTON -- The Federal Reserve announced Wednesday it will spend up to $300 billion over the next six months to buy long-term government bonds, a new step aimed at lifting the country out of recession by lowering rates on mortgages and other consumer debt.source
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