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“All in all, while credit growth looks set to remain soft, the restored willingness of consumers and businesses to borrow implies a lessening risk of secular deleveraging – although the next.
· Mortgage applications were down 14.4% the week ended 11/12 to a four month low; 30 year mortgage was up 18 bps to 4.46%, which is a two month high. Two million people will lose unemployment benefits by the end of December if Congress does not renew extended benefits.
Geithner Sees "Economic Improvement" As Mortgage Delinquencies Hit All Time High At the same time, large areas in the Northeast and Midwest saw their greatest migration losses since 2008 Here, each of the 2011-2012 top gainers showed higher levels of migration than in 2010-2011. Immigration levels also took a hit over the past five years.
· May 15 2009: White Hot Air. Tweet.. bulletin argued this week that output had fallen faster than demand with destocking taking place at "an exceptionally high rate". At the same time, European policymakers are becoming increasingly confident that the worst of the continent’s recession is over.. Congress should enact all of Mr. Geithner.
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Real Estate & Mortgage. TX: Downturn isn’t as bad as others, but commercial real estate’s cheerleaders are gone Dallas Morning News / Steve Brown. Dallas-area mortgage delinquencies hit new high Dallas Morning News / steve brown. mortgage Rates on 30-Year U.S. Loans Jump to 5.21% Bloomberg /.
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2010-02-24 · The overhaul of the U.S.-“sponsored’ housing finance system – more commonly known as Fannie Mae and Freddie Mac – won’t even be proposed until next year, U.S. Treasury Secretary Timothy Geithner told Congress today. But Geithner said it won’t be necessary to place Fannie and Freddie
Delinquency and foreclosure rates for U.S. mortgages continued to rise in the second quarter, with loans to the most qualified borrowers going bust at an unnerving clip, especially in hard-hit states such as Florida and California.The numbers reported Thursday by the mortgage bankers association show clearly that rising job losses are worsening.