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  • Treasury's Kashkari Says ABS Market Looks Promising for TARP
    The asset-backed securities market appears to be promising for the TARP program, said TARP co-ordinator Neel Kashkari in a speech on Wednesday. Targeting the ABS market will help bring down interest rates on automobile purchases, student loans and credit...(read more)

  • Housing Starts and Permits at All-Time Lows
    U.S. housing starts and building permits each fell to record lows in October, which economists say is bad news in the short term. However, the quicker housing activity declines, the quicker excess inventory will be cleared off the market and the housing...(read more)

  • The Last of the Treasury Candidates
    It would be a real voyage back to the future if President-elect Obama were to pick the next candidate as his new Secretary of the Treasury. However, Paul Volcker is a fearless man who took on another looming financial crisis some 25 years ago and beat...(read more)

  • MBA Mortgage Applications Move Lower in Week Ending November 14
    Weekly mortgage applications in the United States decreased in the week ending Nov. 14, according to data released from the Mortgage Bankers' Association (MBA) on Thursday, which reported an 6.2% week-over-week fall in applications. In the previous...(read more)

  • Housing Starts Fall 4.5% in October, Permits Down 12%
    Housing starts fell less than expected in October to 791k, representing a month-over-month decrease of 6.3%, according to data released from the U.S. Department of Commerce on Wednesday morning. The drop pushes the number of starts to its lowest level...(read more)


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The Mortgage Reports Blog

The Mortgage Reports Blog
Dan Green of Mobium Mortgage in Chicago and Ohio blogs about mortgages, personal finance, and real estate. Reach Dan at 877-DAN-GREEN (877-326-4733).
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