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The purpose of this blog is to chronicle the current financial crisis in the mortgage and other debt markets.
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CNBC Biz News
- More than 400 US Banks Will Fail: Roubini
- Hurricane Earl Rakes US East Coast with Wind, Rain
- HP to Buy 3Par for $2.35 Billion in Cash
- Friday's Jobs Report Will Be Key for Markets—and Fed
- Gulf Rig Fire Out; Coast Guard Backpedals on Oil Sheen
Mortgage News
- FHFA Establishes New Housing Goals for GSEs
- Banks Prefer Cash Buyers in REO Sales; Freddie Mac Streamline Refi Program; Originator Capacity Constraints; Comments on Property Flipping
- Employment Situation Report: -54K Total Job Losses. Private Sector Adds 67k Positions. Bonds Sell
- The Day Ahead: August Employment Data to Drive Markets
- Mortgage Rates Move Higher Before Jobs Data
Recent Posts
- Wall St opens higher on jobs data
- U.S. payrolls fall less than expected in August
- Hurricane Earl Rakes US East Coast with Wind, Rain
- Fewer Jobs Lost in August; Private Hiring Beats Forecasts
- Rise in US private sector jobs raises hope
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