Monthly Archives: April 2013

Profits or not, GSE overhaul is necessary: Henry Paulson

Posted on April 11, 2013 by trevorspear

Henry Paulson, who took Fannie Mae and Freddie Mac into federal conservatorship in 2008, said he’s worried that the companies’ return to profitability may be seen as reason to scrap an overhaul of U.S. mortgage finance. Bloomberg/ BusinessWeek‘s Clea Benson … Continue reading →

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Can you say, ‘bidding wars?’ They’re back!

Posted on April 10, 2013 by trevorspear

Seemingly overnight, many of the nation’s major housing markets have gone from stagnant to sizzling, with for-sale listings spurring bidding wars among a large number of house hunters. CNN/Money‘s Les Christie reports. Read More

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Jobs report underwhelms: 88,000 jobs, 7.6% Unemployment Rate

Posted on April 9, 2013 by trevorspear

Get ready for gloom-and-doomers to have their day. The Bureau of Labor Statistics March employment report came in this morning, with underwhelming tallies: 88,000 new jobs created (vs. expectations of nearly 200k), and a 7.6% unemployment rate that reflected more … Continue reading →

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