Monthly Archives: February 2012

Market Snapshot

Q4 GDP preliminary report this morning was widely expected to match the advance report released last month at +2.8%, it jumped to 3.0%. The Q4 personal consumption expenditures was revised from +1.1% to +1.3%, still way under the 2.0% the … Continue reading

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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this … Continue reading

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HUD Probes Bank of America for Following The Rules?

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Warren Buffett Says Buy Homes Now!

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BofA Cuts Ties With Fannie Mae

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The Recovery Barometer

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Market Snapshot

Interest rate markets started a little better this morning with stock indexes in the US weaker and selling in the Europe stock markets. Europe’s purchasing mgrs. Data out in Europe was weaker than estimates and still concerns that Greece’s austerity … Continue reading

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The Prompt Notification of Short Sale Act

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Market Snapshot

  Greece got its bailout money early this morning, yesterday Europe’s markets rallied on the news, today Europe’s equity markets are weaker.  Finance ministers awarded 130 billion euros ($173 billion) in aid, engineered a central-bank profits transfer and coaxed investors … Continue reading

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UT Health Science Center’s $95M Dental Work

The University of Texas Health Science Center at San Antonio will add a $95 million oral health care center to its dental school. The 172,000-sf facility will be built next to the Medical Arts & Research Center at the South … Continue reading

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