Mortgage News - Jairo Rodriguez

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The Day Ahead: US PPI; Bernanke, Bair & Paulson to Testify on TARP	11/17/2008 8:04 PM
On Tuesday, the producer price index for October and the National Association of Home Builders' (NAHB) Housing Market Index for November will be released in the U.S. Market participants will also be interested in hearing testimony from Fed Chairman...(read more)
Paulson Says Government Not "Experimenting" With the TARP	11/17/2008 8:01 PM
U.S. Treasury Secretary Henry Paulson said tensions in financial markets will probably continue for many months, and now that his government has addressed the potential failures of massive corporations, the next step will be to deliver a boost to the...(read more)
A Look at Three More Potential Treasury Heads	11/17/2008 3:17 PM
One of the earliest and most intriguing names to emerge as a possible Secretary of the Treasury in the Obama administration is that of Warren Buffett . Buffet, the chairman of Berkshire Hathaway Corporation and "The Oracle of Omaha" was an early...(read more)
The Week Ahead: CPI, Housing Starts, Building Permits, etc.	11/16/2008 5:49 PM
Inflation data in the U.S. and Canada will be highlight the coming week's data, but it won't have much impact on market direction, according to some strategists. In other data, markets will also receive regional manufacturing data for November...(read more)
G20 Summit Delivers No Decisive Action, Leaders Agree to Tighten Regulation	11/16/2008 5:40 PM
Although no concrete stimulus measures were drawn up at the emergency G20 meeting in Washington this past weekend, world leaders agreed they must work together to plug the holes in current financial regulatory systems that are the root of the current...(read more)
Speculation Abounds - Wherefore Art the New Treasury Secretary?	11/14/2008 11:45 AM
As President-elect Barack Obama works to put together a new team the focus of the media has largely been on his selection of Secretary of the Treasury . This cabinet office has always been important to the functioning of the government and the financial...(read more)
Treasury's Kashkari Wants Transparent TARP	11/14/2008 9:42 AM
In testimony before the Committee on Oversight and Government Reform in Washington, DC, Neel Kashkari of the U.S. Treasury Department said he is committed to keeping the deployment of the TARP funds as transparent as possible. "We have acted quickly...(read more)
Fed, SEC, CFTC and Treasury Department to Establish CDS Clearing House	11/14/2008 9:25 AM
The Fed, SEC, CFTC and Treasury Department have signed a memorandum of understanding for the creation of a clearing house for credit default swaps (CDS) , which will begin operations by the end of 2008. "A well-regulated and prudently managed CDS...(read more)
U.S. Libor Rates Higher on Friday	11/14/2008 8:32 AM
U.S. inter-bank lending rates are higher on Friday as renewed concerns over the fate of the economy are back again in the forefront. An article in the Wall Street Journal on Friday suggests that U.S. banks are raising deposit rates in a bid to attract...(read more)
Fed's Bernanke Says More Co-ordinated Measures Possible	11/14/2008 8:08 AM
Speaking at a panel discussion at the European Central Bank, Fed Chairman Ben Bernanke is said that while monetary policy has not resolved the financial market crisis, global policy-makers stand ready to take further measures if needed. "The current...(read more)