Merrill’s McCann Quits After Bank of America Purchase - Bloomberg

Merrill’s McCann Quits After Bank of America Purchase Bloomberg - 5 hours ago After more than $50 billion of losses and writedowns tied to the collapse of the US subprime mortgage market, Merrill agreed in September to be bought by ...

Retirees no longer counting on home equity - MSNBC

Retirees no longer counting on home equity MSNBC - Jan 4, 2009 Employment is often a requisite in qualifying for mortgage refinancing, a good option for those with equity and good credit because rates have fallen to ... Times require new retirement approaches Lake Wales News all 12 news articles

BUSINESS HIGHLIGHTS - Salt Lake Tribune

BUSINESS HIGHLIGHTS Salt Lake Tribune, United States - 13 hours ago The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. ...

Peter Crabb: Bad loans still on banks' books will prolong recession - IdahoStatesman.com

Christian Science Monitor

Peter Crabb: Bad loans still on banks' books will prolong recession IdahoStatesman.com, ID - 13 hours ago Months ago, when President Bush said “our entire economy is in danger,” his administration asked for and received $700 billion to buy bad mortgage-backed ... Profiting From Bernanke's Super-Fed and Obama's Newer Deal Seeking Alpha New year is a time for resolutions and retrospection Clinton Herald Financial Focus: Low rates can help consumers, investors Record-Searchlight all 27 news articles

Banks’ ‘Catatonic Fear’ Means Consumers Don’t Get TARP Relief - Bloomberg

Banks’ ‘Catatonic Fear’ Means Consumers Don’t Get TARP Relief Bloomberg - Jan 5, 2009 While mortgage rates have declined, they haven’t fallen as fast as bank borrowing rates, meaning financial institutions are demanding more profit for every ...