Latest news from http://www.mortgagebiznews.com http://www.mortgagebiznews.com http://www.housingmatrix.com/index.php/own-vs.-rent-files-government-housing-policy.html Sat, 04 Feb 2012 05:09:58 -0500 CNBC - Diana Olick - Fannie Mae and Freddie Mac, the mortgage giants under government conservatorship, together owned 182,212 foreclosed properties as of the end of September. http://www.housingmatrix.com/index.php/own-vs.-rent-files-government-housing-policy.html http://www.housingmatrix.com/index.php/what-if-obama-and-krugman-ran-a-business.html Sat, 04 Feb 2012 05:08:28 -0500 Forbes - Kyle Smith - This winter has brought a useful tutorial on capitalism courtesy of the media, the Democratic party and President Obama. They have illustrated for us how the depredations of profit-seekers crush American aspirations. http://www.housingmatrix.com/index.php/what-if-obama-and-krugman-ran-a-business.html http://www.housingmatrix.com/index.php/mortgage-rates-fall-to-record-low.html Sat, 04 Feb 2012 03:06:57 -0500 Calculated Risk - Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS survey, except the 1-Year ARM, averaged new lows. http://www.housingmatrix.com/index.php/mortgage-rates-fall-to-record-low.html http://www.housingmatrix.com/index.php/the-secret-of-american-health-care.html Sat, 04 Feb 2012 03:04:08 -0500 Slate - Darshak Sanghavi - At the end of 2011, the remarkable innovator Donald Berwick was forced to resign as the recess-appointed head of Medicare and Medicaid, a casualty of Republican-led opposition to his confirmation. An outspoken fan of the United Kingdom’s single-payer system, Berwick was portrayed by critics as a socialist who once commented that “excellent health care is by definition redistributional.” http://www.housingmatrix.com/index.php/the-secret-of-american-health-care.html http://www.housingmatrix.com/index.php/pension-income-guaranteed-yes-but%E2%80%A6.html Sat, 04 Feb 2012 00:59:34 -0500 Time Moneyland - Dan Kadlec - As if we needed another reminder that our safety net is threadbare, AMR Corp., the American Airlines parent company, says it will shut down pensions covering 130,000 employees and retirees as part of a reorganization in bankruptcy court. A government backstop is in place to keep most pensioners whole—but not all of them, and the backstop itself is rickety. http://www.housingmatrix.com/index.php/pension-income-guaranteed-yes-but%E2%80%A6.html http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html Sat, 04 Feb 2012 00:58:29 -0500 HousingVIEWS - Maureen Maitland - November 2011 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday January 31st, revealing monthly declines in condo prices in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html 42.38 -71.1 http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html Sat, 04 Feb 2012 00:58:29 -0500 HousingVIEWS - Maureen Maitland - November 2011 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday January 31st, revealing monthly declines in condo prices in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html 34 -118.25 http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html Sat, 04 Feb 2012 00:58:29 -0500 HousingVIEWS - Maureen Maitland - November 2011 data for the S&P/Case-Shiller Home Price Indices were released on Tuesday January 31st, revealing monthly declines in condo prices in all five of the metro areas covered by our indices – Boston, Chicago, Los Angeles, New York and San Francisco. http://www.housingmatrix.com/index.php/condo-prices-fell-in-all-five-cities-in-november.html 37.73 -122.31 http://www.housingmatrix.com/index.php/the-great-zero-interest-rate-gamble.html Sat, 04 Feb 2012 00:56:54 -0500 The Telegraph - Jeremy Warner - Bravo, Mario Draghi, the European Central Bank’s new president. Everyone assumed that this mild-mannered Italian would be so determined to prove himself to his Bundesbank masters that he’d be even more German than the Germans in pursuit of the principles of sound money. http://www.housingmatrix.com/index.php/the-great-zero-interest-rate-gamble.html http://www.housingmatrix.com/index.php/real-estate-drops-but-second-home-market-may-see-increase.html Sat, 04 Feb 2012 00:54:53 -0500 Realty Times - Phoebe Chongchua - Interest rates continue to remain low for mortgages and it looks as though the Federal Reserve will keep the rate at which banks lend to each other overnight low through 2014. http://www.housingmatrix.com/index.php/real-estate-drops-but-second-home-market-may-see-increase.html