Finance
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Fed Drops Target Rate 50 Basis Points
Sep 18, 2007In some good news for the mortgage industry, the Fed today cut its target for the federal funds rate 50 basis points to 4.75 percent, the first cut in the target rate in four years — a move that appears to have been driven by concerns that the housing and mortgage slump might be driving wider economic markets towards a recession.
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Accredited Posts First Quarter Loss, Says ‘Viability’ May be in Question
Sep 18, 2007 -
Long Beach Mortgage Winding Down
Sep 14, 2007 -
Nebraska AG, State Banking Regulators File Suit Against Advantage Mortgage
Sep 14, 2007 -
Hudson City Touts Prudent Underwriting
Sep 13, 2007 -
Bear Stearns Hires Peter DiMartino As ABS/MBS Strategist
Sep 13, 2007 -
Xerox To Acquire eDoc Provider Advectis for $32 Million
Sep 12, 2007 -
Portellus To Exit Mortgage Technology Business
Sep 11, 2007 -
American Home Delays Servicing Sale as Creditors Look to Pull Mortgage Servicing Rights
Sep 11, 2007 -
Luminent Clears Warehouse Lines, Lays Off Staff
Sep 11, 2007
