Treasurys fall on better-than-expected housing data; Stocks hold week’s gainsNEW YORK — Treasury prices fell Friday as the stock market held onto big gains from the week and as investors examined upbeat data on housing. Investors request $668.9 million in program aimed at spurring commercial real estate lendingWASHINGTON — Investors’ appetite picked up this month for a government program aimed at spurring lending in the troubled commercial real estate market. Fed mounts defense to keep consumer oversight duties, pledges to do better jobWASHINGTON — The Federal Reserve on Thursday attempted to snuff out a White House proposal that would remove some of its consumer oversight duties, arguing that the central bank’s expertise would be difficult to rebuild elsewhere. As unemployment marches higher, foreclosures surge, threatening Obama planWASHINGTON — Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration’s efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. Lending across consumer, commercial lines flat in May for banks that received bailout fundsNEW YORK — Lending among the biggest banks to receive government bailout funds was flat in May as the worsening recession led to efforts to pay off debt, the U.S. Treasury said. Treasury official says government prodding mortgage companies to aid more borrowersWASHINGTON — A government official says the Obama administration is ramping up pressure on the mortgage industry to aid more homeowners on the verge of foreclosure. Foreclosures keep soaring as unemployment becomes main cause of housing woesWASHINGTON — The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. Head of Federal Housing Administration sworn in after nomination delayed in SenateWASHINGTON — The Obama administration’s nominee for a key housing post was sworn in Wednesday, after being confirmed by the Senate last week. Meltdown 101: Getting a loan modification? Get your documents in order to speed up the processHomeowners worried about missing mortgage payments and entering foreclosure may have another option: a loan modification. Prosecutors file 189 legal actions in nationwide sweep of loan modification consultantsLOS ANGELES — Prosecutors nationwide filed 189 legal actions Wednesday against loan modification consultants accused of bilking homeowners who are desperate to make their mortgage payments more affordable. Falling house prices, downturn in economy drive up mortgage fraudWASHINGTON — Falling housing prices are driving up reports of mortgage fraud, with the FBI saying Tuesday that reported losses are up 83 percent last year and climbing even higher in 2009. Dollar falls on mixed economic reports as investors await employment data, ECB rate decisionNEW YORK — The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales. Stocks rise after data shows more stable manufacturing activity, rise in pending home salesNEW YORK — Investors kicked off the stock market’s third quarter with a moderate gain after getting some reassuring data on manufacturing and housing. Government foreclosure relief for ‘underwater’ homeowners expands to those deeper in debtWASHINGTON — The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth. Stocks advance after data on manufacturing, pending home sales, construction spendingNEW YORK — The third quarter is starting on a positive note for stocks after some reassuring economic data. Pending home sales rise for 4th straight month in May as low prices boost activityWASHINGTON — A private group says pending home sales rose in May for the fourth straight month, fresh evidence that the housing sector may be recovering. Treasury OKs 3 more firms for mortgage relief program; $3.4 billion to Hartford FinancialWASHINGTON — The Treasury Department said Tuesday that it has approved three more firms for its mortgage relief program. Chase approves 138,000 trial mortgage modifications in the past three monthsNEW YORK — Chase said Tuesday it has approved 138,000 trial mortgage modifications for struggling homeowners in the past three months. Democrats at odds with industry on proposed agency to police consumer financial marketWASHINGTON — Democrats are pressing the Obama administration to find a way out of the foreclosure crisis as they moved ahead with plans to create a government agency that would police the market for risky or deceptive mortgages. Manufacturing data show recession near bottom; drop in new home sales signals slow recoveryWASHINGTON — New signals the recession could be nearing a bottom emerged Wednesday in figures showing that orders to U.S. factories surged last month for everything from computers to aircraft and that a gauge of business investment rose by the most in nearly five years. Durable goods orders rise sharply for second straight month in May; new home sales disappointWASHINGTON — Orders to U.S. factories for manufactured goods from computers to aircraft surged in May for a second straight month. And a gauge of business investment rose last month by the most in nearly five years. Together, the data Wednesday signal that the recession could be at or near a bottom. Stock market holds gains despite unexpected decline in new home sales; Fed statement loomsNEW YORK — Stocks are clinging to early gains despite a surprise drop in new home sales. New home sales unexpectedly drop of 0.6 percent in May as demand for housing remains sluggishWASHINGTON — New U.S. home sales dipped slightly last month, in another sign that the housing market recovery is likely to be gradual and prolonged. Home sales stabilizing, but rising mortgage rates, job losses likely to slow housing recoveryWASHINGTON — Nationwide home sales may have finally hit bottom, new data shows, but a host of thorny problems are hindering any recovery. Stocks end mixed as traders await word from the Fed; Existing home sales fail to exciteNEW YORK — Investors are holding off making big moves while they wait for the Federal Reserve. Dollar slips ahead of Fed interest rate meeting as existing home sales rise less than expectedNEW YORK — The dollar slipped Tuesday ahead of the Federal Reserve’s meeting later this week, despite a report that showed a moderate improvement in home sales. Stocks end mixed but little changed as investors await statement from Federal ReserveNEW YORK — Investors are holding off making big moves while they wait for the Federal Reserve. Existing home sales rise 2.4 percent in May; prices plunge 16.8 percentWASHINGTON — Sales of previously occupied homes rose modestly from April to May, the third monthly increase this year, but signs of a housing recovery are fragile at best. US housing data weighs on world markets ahead of key Fed statementLONDON — European stocks shed most of their gains Tuesday after a slightly disappointing U.S. housing report reinforced concerns that the market rally over the last three months was not justified by economic data. Stocks fluctuate as investors await statement from Federal Reserve; Existing home sales riseNEW YORK — A rise in existing home sales has done little to revive stocks ahead of the Federal Reserve’s decision on interest rates. |
Topics
Poll Loading ...Latest TweetsReal Estate
Latest Friend FeedsReal Estate
|
