Tag Archives: Fannie Mae

Suicide From Home Foreclosure Woes

Experts are predicting an astronomical 1 trillion dollar loss from the financial sector but with a 12 trillion dollar mortgage industry, the situation could actually be far worse. Continue reading

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Filed under Banking, Economy, Properties

Pick Up Blue-Chip Stocks Incrementally

Falling oil prices and the likely approval of a House bill to stabilize the collapsing residential properties sector cheered the market. Continue reading

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Filed under Stocks

Wall Street Post Consecutive Gains

Weakness in earnings by Google, Microsoft and AMD were reflected in their plummeting share prices. Only IBM outperformed expectations. Continue reading

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Filed under Banking, Currency, Economy, Oil, Stocks

Wall Street Forsake Financial Stocks

It was a punitive end to a roller-coaster week. Standard & Poor’s 500 index lost 1.1% while Nasdaq composite shed 0.8% to remain above March lows. Continue reading

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Filed under Banking, Stocks