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Countrywide CEO Angelo Mozilo Under SEC Spotlight
Reuters News Service and the Associated Press are both quoting a story in the Wall Street Journal on Wednesday that the controversial CEO of Countrywide Mortgage, Angelo Mozilo, is under an informal investigation by the Securities and Exchange Commission
01-29-2008 by jeffx Tags , , , ,

Builder Spirits Not Rebounding While Housing Starts, Permints Continue To Slide
There is an old Western expression that a person's mood is "lower than a snake's belly." Well lift up that snake and you just might find a home builder under it. NAHB Chief Economist David Seiders said, "Consumers are still tryin
01-27-2008 by jeffx Tags , , ,

Pay No Attention To Mounting Volatility
Pay No Attention To Mounting Volatility While everyone else was talking about the anniversary of “Black Monday” last week, we kept reminding anyone who would listen that it was not insignificant that the blackness of that day in 1987 fell on a
01-25-2008 by jeffx Tags , , ,

Fed President Says Policymakers Must Act Against Worsening Housing Slump
Fed President Says Policymakers Must Act Against Worsening Housing Slump MortgageNewsDaily.com Video News BLOOM Oct. 23, 2007. 06:33 AM EST Fed president stresses importance of risk management in determining Fed policy. Click He
01-22-2008 by jeffx Tags , , , ,

Unprecedented Times for Lenders
Unprecedented Times for Lenders MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 4:32 PM EST Countrywide is planning to refinance $16B worth of adjustable-rate mortgages scheduled to reset at higher rates soon. Click Here To
01-19-2008 by jeffx Tags , ,

Investing in Foreclosures
Investing in foreclosures MortgageNewsDaily.com Video News CNBC Oct. 23, 2007. 2:23 PM EST Tips on making money in real estate, with Barbara Corcoran, founder of the Corcoran Group. Click Here To View Video News Tags: Chicago mo
01-15-2008 by jeffx Tags , , ,

Merrill's Massive Write-Downs
Merrill's Massive Write-Downs MortgageNewsDaily.com Video News CNBC Oct. 24, 2007. 9:09 AM EST Details on Merrill's $7.9B worth of write-downs. Click Here To View Video News Tags: Chicago mortgage Original post by Mort
01-13-2008 by jeffx Tags , , , ,

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