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Monday, October 24, 2011

CNNMoney: Fed's Dudley calls for housing aid

EYES ON THE FED
Fed's Dudley calls for housing aid
By Annalyn Censky @CNNMoney October 24, 2011: 9:44 AM ET

NEW YORK (CNNMoney) -- A top Federal Reserve official is pushing for an "urgent effort" to prop up the housing market, and support the overall U.S. economy.

Bloomberg: Jobs Outlook in U.S. Worst Since 2010: Survey

Jobs Outlook in U.S. Worst Since 2010: Survey
By Shobhana Chandra - 2011.10.23 09:01 PM

U.S. companies’ hiring plans reflect the worst employment outlook since January 2010 as demand slows in the world’s largest economy, a private survey showed.

Sunday, October 23, 2011

Reuters: U.S. rating likely to be downgraded again: Merrill

U.S. rating likely to be downgraded again: Merrill
By Walter Brandimarte
NEW YORK | Sun Oct 23, 2011 3:20pm EDT

(Reuters) - The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.

USA Today: Big banks under new pressure in Europe crisis

Big banks under new pressure in Europe crisis
2011.10.22 10:56 PM

BRUSSELS (AP) – Big banks found themselves under pressure in Europe's debt crisis Saturday, with finance chiefs pushing them to raise billions of euros in capital and accept huge losses on Greek bonds they hold.

Saturday, October 22, 2011

USA Today: Ariz. regulators seize PMI Mortgage Insurance Co.

Ariz. regulators seize PMI Mortgage Insurance Co.

PHOENIX (AP) – Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group, which will begin paying claims at just 50%.

USA Today: Condo nation: Why so few Americans are buying homes

Condo nation: Why so few Americans are buying homes
By John Melloy, CNBC.com
2011.10.22 07:52 AM

The housing market is rebounding — at least one piece of it.

Friday, October 21, 2011

USA Today: Unemployment rates fall in half of U.S. states

Unemployment rates fall in half of U.S. states
By Christopher S. Rugaber, Associated Press
2011.10.21 07:53 AM

WASHINGTON – Unemployment rates fell in half of U.S. states last month, a sign that September's pickup in hiring was felt around the country.

CNNMoney: Foreign buyers scooping up U.S. homes

Foreign buyers scooping up U.S. homes
By Les Christie October 21, 2011: 5:23 AM ET

NEW YORK (CNNMoney) -- Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here.

Starwood Capital brings in European real estate debt ‘point man’

Starwood Capital brings in European real estate debt ‘point man’
Posted on October 20, 2011 1:21 pm

Starwood Capital, the global private equity real estate firm, is moving Adam Shah over to London next month from its US headquarters to act as point man for real estate loan debt opportunities.

http://costarfinance.com/2011/10/20/starwood-capital-brings-in-european-real-estate-debt-point-man/

Bloomberg: Fed Should Resume Mortgage Purchases: Tarullo

Fed Should Resume Mortgage Purchases: Tarullo
By Scott Lanman and Caroline Salas Gage - 2011.10.20 09:05 PM

Federal Reserve Governor Daniel Tarullo’s call for resuming large-scale purchases of mortgage bonds may boost chances the central bank will start a third round of asset buying aimed at reviving U.S. growth.