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Another 4.4 Million People File for Unemployment Relief

Even in the midst of weak economic reports showing strong signs that the US is in a recession, the US stock market is climbing higher in early morning trading.  I don’t see this rally continuing, as every time in recent…

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Fed Slows Purchase of Mortgage Bonds

Fed Slows Purchase of Mortgage Bonds   Since the Fed cut their purchases...
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Better Late Than Never

Although later than it should have been, independent mortgage service providers were finally...
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17% Unemployment Rate and Growing

As of the most recent report, 5.5% of all mortgage loans have entered...
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Mark Calabria Continues to Block a Much Needed Mortgage Bailout

The future of the housing industry seems to currently rest on the head...
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5.245 Million More Unemployed Last Week

This morning’s update on Unemployment Claims showed that there were 5.245 million first...
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FHFA Leader Blocking a Much Needed Bailout

Mark Calabria, the Director of the Federal Housing Financing Agency (FHFA), is taking...
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Waiting For a Mortgage Market Bailout

Stocks rally this morning, fueled by continued optimism for a quick economic recovery. ...
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Looking to Put America Back to Work

After making a valiant effort to cross over the 2800 barrier on the...
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Massive Job Losses

Once again, economists had a big miss in their estimate of first time...
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