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	<title>Stock Blog Hub &#187; Freddie Mac</title>
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	<link>http://www.stockbloghub.com</link>
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		<title>(GS) The Goldman Sachs Group Analyst Raises Shares to Neutral</title>
		<link>http://www.stockbloghub.com/2011/09/15/gs-the-goldman-sachs-group-analyst-raises-shares-to-neutral/82976</link>
		<comments>http://www.stockbloghub.com/2011/09/15/gs-the-goldman-sachs-group-analyst-raises-shares-to-neutral/82976#comments</comments>
		<pubDate>Thu, 15 Sep 2011 17:52:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82976</guid>
		<description><![CDATA[We have upgraded our recommendation on The Goldman Sachs Group Inc. (GS) to Neutral from Underperform based on the company’s cost reduction initiatives and broader outlook for client activity. In July, Goldman reported second-quarter 2011 earnings per share of $1.85, significantly below the Zacks Consensus Estimate of $2.29. The results deteriorated owing to decreased revenue and poor performance at Institutional Client Services division, coupled with global macro-economic concerns. However, Goldman repurchased 10.8 million shares of its common stock at an average cost per share of $139.20 and a total cost of $1.50 billion during the quarter. In the current difficult economic and financial conditions, Goldman has taken an internal initiative to identify areas, where the company can operate more efficiently. The company targets about $1.2 billion in run rate compensation ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/15/gs-the-goldman-sachs-group-analyst-raises-shares-to-neutral/82976/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group Ends Litton Sale</title>
		<link>http://www.stockbloghub.com/2011/09/11/gs-the-goldman-sachs-group-ends-litton-sale/82680</link>
		<comments>http://www.stockbloghub.com/2011/09/11/gs-the-goldman-sachs-group-ends-litton-sale/82680#comments</comments>
		<pubDate>Sun, 11 Sep 2011 19:53:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[OCN]]></category>
		<category><![CDATA[Ocwen Financial Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82680</guid>
		<description><![CDATA[Last week, The Goldman Sachs Group Inc. (GS) completed the sale of Litton Loan Servicing to Ocwen Financial Corp. (OCN) for $264.0 million, after getting approval from federal and New York state regulators. Goldman has been ordered by the Fed to conduct an independent review of Litton’s foreclosures in 2009 and 2010 for investigating the extent of misconduct and negligence. Moreover, Goldman agreed to let off 25% of principal balances for stressed homeowners, who are 60 days past due on mortgage payments, at a total cost of $53 million. Goldman will also reimburse some Litton home loan borrowers for illegal foreclosures at an indeterminate cost. The bank also agreed to pay fines imposed by government for any of Litton’s business operations that occurred before the deal. As part of the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/11/gs-the-goldman-sachs-group-ends-litton-sale/82680/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group Again Entangled in Lawsuit</title>
		<link>http://www.stockbloghub.com/2011/08/22/gs-goldman-sachs-group-again-entangled-in-lawsuit/81460</link>
		<comments>http://www.stockbloghub.com/2011/08/22/gs-goldman-sachs-group-again-entangled-in-lawsuit/81460#comments</comments>
		<pubDate>Mon, 22 Aug 2011 17:06:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81460</guid>
		<description><![CDATA[Yesterday, The Goldman Sachs Group Inc. (GS) was sued by The Allstate Corporation (ALL), the largest publicly traded U.S. home and auto insurer. The complaint lodged claims that Goldman misrepresented documents as an underwriter in the sale of over $123 million in mortgage-backed securities from April 2006 to March 2007. Allstate alleged that Goldman issued misleading statements and omissions related to the mortgage-backed securities and has concealed risks associated with the securities. The company claims the documents used in offering the securities contained untrue statements or omissions, as to how risky the investments to be. These misrepresentations of the risks provoked investments, which have virtually no value at current levels. Allstate has filed lawsuit in the New York State Supreme Court in Manhattan. The company demands for damages, which includes ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FMCC) U.S. Banks Stock Outlook &#8211; Aug. 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/08/11/fmcc-u-s-banks-stock-outlook-aug-2011-industry-outlook/81191</link>
		<comments>http://www.stockbloghub.com/2011/08/11/fmcc-u-s-banks-stock-outlook-aug-2011-industry-outlook/81191#comments</comments>
		<pubDate>Fri, 12 Aug 2011 01:38:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[ABCB]]></category>
		<category><![CDATA[Ameris Bancorp]]></category>
		<category><![CDATA[BancorpSouth Inc.]]></category>
		<category><![CDATA[BBNK]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Bridge Capital Holdings]]></category>
		<category><![CDATA[BXS]]></category>
		<category><![CDATA[CACB]]></category>
		<category><![CDATA[Capital City Bank Group Inc]]></category>
		<category><![CDATA[Cascade Bancorp Inc]]></category>
		<category><![CDATA[CBU]]></category>
		<category><![CDATA[CCBG]]></category>
		<category><![CDATA[CenterState Banks Inc]]></category>
		<category><![CDATA[Central Valley Community Bancorp]]></category>
		<category><![CDATA[Chemical Financial Corporation]]></category>
		<category><![CDATA[CHFC]]></category>
		<category><![CDATA[CoBiz Financial Inc]]></category>
		<category><![CDATA[COBZ]]></category>
		<category><![CDATA[Community Bank System Inc]]></category>
		<category><![CDATA[CSFL]]></category>
		<category><![CDATA[CVCY]]></category>
		<category><![CDATA[Eastern Virginia Bankshares Inc]]></category>
		<category><![CDATA[EBTX]]></category>
		<category><![CDATA[Encore Bancshares Inc]]></category>
		<category><![CDATA[EVBS]]></category>
		<category><![CDATA[FBP]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[First Bancorp]]></category>
		<category><![CDATA[First Financial Corporation]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[GABC]]></category>
		<category><![CDATA[German American Bancorp Inc]]></category>
		<category><![CDATA[Heritage Commerce Corporation]]></category>
		<category><![CDATA[HTBK]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[MidWest One Financial Group Inc]]></category>
		<category><![CDATA[MOFG]]></category>
		<category><![CDATA[OKSB]]></category>
		<category><![CDATA[Old Second Bancorp Inc]]></category>
		<category><![CDATA[ORRF]]></category>
		<category><![CDATA[Orrstown Financial Services Inc]]></category>
		<category><![CDATA[OSBC]]></category>
		<category><![CDATA[PFBC]]></category>
		<category><![CDATA[Preferred Bank]]></category>
		<category><![CDATA[Southwest Bancorp Inc]]></category>
		<category><![CDATA[TCBI]]></category>
		<category><![CDATA[TCBK]]></category>
		<category><![CDATA[Tennessee Commerce Bancorp Inc]]></category>
		<category><![CDATA[Texas Capital BancShares Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[THFF]]></category>
		<category><![CDATA[TMP]]></category>
		<category><![CDATA[TNCC]]></category>
		<category><![CDATA[Tompkins Financial Corporation.]]></category>
		<category><![CDATA[TriCo Bancshares]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[WBS]]></category>
		<category><![CDATA[Webster Financial Corporation]]></category>
		<category><![CDATA[Yadkin Valley Financial Corporation]]></category>
		<category><![CDATA[YAVY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81191</guid>
		<description><![CDATA[Whatever be the impending economic state, U.S. banks &#8212; the lifeblood of the economy &#8212; are actively responding to every legal and regulatory pressure. In fact, this prompt responsiveness has positioned the banks well to encounter upcoming challenges. Along with improving results in recent quarters, a major recovery in the asset markets, improving balance sheets and declining credit costs promise growth for the U.S. banking sector. Yet the outlook for the industry remains in question due to several negatives, including asset-quality troubles, weak revenue growth, steeper costs, continuation of both residential and commercial real estate loan defaults, weak loan demand, and the impact of tighter regulations and policy changes. Though near-term performance of the banking industry is expected to face several uncertainties, entering the revised capital regime will improve the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/11/fmcc-u-s-banks-stock-outlook-aug-2011-industry-outlook/81191/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group Sued by National Credit Union Administration</title>
		<link>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143</link>
		<comments>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143#comments</comments>
		<pubDate>Thu, 11 Aug 2011 19:38:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81143</guid>
		<description><![CDATA[On Tuesday,The Goldman Sachs Group Inc. (GS) was sued by National Credit Union Administration (NCUA), the U.S. regulator of credit unions. The complaint lodged claims that Goldman violated federal and state securities laws and misrepresented documents as an underwriter in the sale of $1.2 billion in mortgage-backed securities. NCUA alleged that Goldman issued misleading statements and omissions related to the mortgage-backed securities, which led to the failure of U.S. Central Federal Credit Union in Lenexa, Kansas, and Western Corporate Federal Credit Union in San Dimas, California.  Further, the agency claims $491 million in damages over losses incurred. Regulators claim the documents used in offering the securities contained untrue statements or omissions, as to how risky the investments to be. These misrepresentations of the risks provoked investors to participate in investments, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/11/gs-the-goldman-sachs-group-sued-by-national-credit-union-administration/81143/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SHW) U.S. Used Home Sales &#8211; Prices Fall</title>
		<link>http://www.stockbloghub.com/2011/06/21/shw-u-s-used-home-sales-prices-fall/76975</link>
		<comments>http://www.stockbloghub.com/2011/06/21/shw-u-s-used-home-sales-prices-fall/76975#comments</comments>
		<pubDate>Wed, 22 Jun 2011 00:32:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Chemicals - Major Diversified]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[La-Z-Boy Inc.]]></category>
		<category><![CDATA[LZB]]></category>
		<category><![CDATA[Sherwin-Williams Company]]></category>
		<category><![CDATA[SHW]]></category>
		<category><![CDATA[USG]]></category>
		<category><![CDATA[USG Corporation]]></category>
		<category><![CDATA[Weyerhaeuser Company]]></category>
		<category><![CDATA[WY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76975</guid>
		<description><![CDATA[In May, Existing Home Sales ran at a seasonally adjusted annual rate of 4.81 million. That pace is 3.1% lower than in April, and 15.3% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was slightly above consensus expectations of a 4.78 million annual rate. April was revised down from an initial read of 5.05 million, to 5.00 million. The history of used home sales is shown in the graph below (from http://www.calculatedriskblog.com/): Sales of single-family homes fell by 3.2% on the month to a rate of 4.24 million, and are off 15.4% year over year. The median price of a single-family home nationwide slipped 4.6% from a year ago to $166,700. Condo and co-op sales ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/21/shw-u-s-used-home-sales-prices-fall/76975/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RMBS) Two Harbors Investment Corporation &#8211; Hefty 2011 Dividends?</title>
		<link>http://www.stockbloghub.com/2011/06/21/rmbs-two-harbors-investment-corporation-hefty-2011-dividends/76999</link>
		<comments>http://www.stockbloghub.com/2011/06/21/rmbs-two-harbors-investment-corporation-hefty-2011-dividends/76999#comments</comments>
		<pubDate>Wed, 22 Jun 2011 00:29:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor- Memory Chips]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Rambus Inc.]]></category>
		<category><![CDATA[RMBS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76999</guid>
		<description><![CDATA[According to Bedford Report that provides in-depth analysis and business research on equities, Two Harbors Investment Corp. (TWO) – a real estate investment trust (REIT) that primarily invests in residential mortgage-backed securities (RMBS), is likely to maintain a strong dividend payout in 2011. The company has recently declared a second quarter 2011 cash dividend of 40 cents per share, which remains unchanged from that of the first quarter. A steady dividend payout coincides with the long-term strategy of Two Harbors to provide attractive risk-adjusted returns to its stockholders. The company has historically promulgated a dividend reinvestment and direct stock purchase plan through which stockholders could purchase additional shares of the company by reinvesting some or all of the cash dividends received. Investors looking for high dividend yields are increasingly favoring ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Fannie Mae Spurs Foreclosure Sales</title>
		<link>http://www.stockbloghub.com/2011/06/20/bac-fannie-mae-spurs-foreclosure-sales/76876</link>
		<comments>http://www.stockbloghub.com/2011/06/20/bac-fannie-mae-spurs-foreclosure-sales/76876#comments</comments>
		<pubDate>Tue, 21 Jun 2011 04:14:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76876</guid>
		<description><![CDATA[Observing a downswing in foreclosed property sales, Fannie Mae (FNMA) is trying to lure buyers with attractive incentives. Fannie Mae started providing incentives to foreclosed home buyers in 2010, but it will now enhance its offers to increase sales of foreclosed homes it owns. Though the incentives are expected to bring some relief for Fannie Mae by reducing its burden related to foreclosed homes to some extent, its success is still in doubt as the regulators have still not been able to settle critical deficiencies related to the foreclosure process. T&#38;C of Incentives If buyers purchase a foreclosed home held by Fannie Mae on or before October 31, the company will give up to 3.5% of the property’s sale price as incentive, which would help buyers pay off closing costs. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman May Sell Litton to Ocwen</title>
		<link>http://www.stockbloghub.com/2011/06/09/gs-goldman-may-sell-litton-to-ocwen/75623</link>
		<comments>http://www.stockbloghub.com/2011/06/09/gs-goldman-may-sell-litton-to-ocwen/75623#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:45:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[OCN]]></category>
		<category><![CDATA[Ocwen Financial Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75623</guid>
		<description><![CDATA[Financial Times reported that The Goldman Sachs Group Inc. (GS) is planning to close down the sale of its mortgage-servicing subsidiary, Litton Loan Servicing to Ocwen Financial Corp. (OCN). The news followed the writing down of mortgage-servicing business worth $200 million by Goldman two months ago. In March, New York Times also reported that Goldman was looking for strategic options for the sale of Litton as the mortgage-servicing industry was under greater scrutiny for their foreclosure practices. According to sources, the sale of the unit to Florida-based mortgage servicer, Ocwen is expected to be commenced within few days. No expected financial terms were disclosed. However, in May, Reuters reported that Goldman&#8217;s planned sale of Litton is expected at a price of $500 million. During the first quarter of 2011, Goldman ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group Sells Litton to Ocwen</title>
		<link>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812</link>
		<comments>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:44:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[OCN]]></category>
		<category><![CDATA[Ocwen Financial Corporation]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75812</guid>
		<description><![CDATA[On Monday, The Goldman Sachs Group Inc. (GS) announced the sale of its mortgage-servicing subsidiary, Litton Loan Servicing to Ocwen Financial Corp. (OCN) for about $263.7 million. Some of the assets of Litton will be retained by Goldman, which is not reflected in the sale price. The sell off follows the writing down of mortgage-servicing business worth $200 million by Goldman two months ago. As per the terms of the deal, Ocwen will enter a new $2.47 billion loan for servicing advances and pay $337.4 million to retire a part of its debt, which Litton owes to Goldman. Further, Ocwen would receive $575 million of senior secured loan from Barclays plc (BCS) in order to finance the deal. Additionally, the transaction will provide Ocwen with $41.2 billion of servicing portfolio ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/09/gs-the-goldman-sachs-group-sells-litton-to-ocwen/75812/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Who Gains from Jumbo Mortgage?</title>
		<link>http://www.stockbloghub.com/2011/06/03/mco-who-gains-from-jumbo-mortgage/74833</link>
		<comments>http://www.stockbloghub.com/2011/06/03/mco-who-gains-from-jumbo-mortgage/74833#comments</comments>
		<pubDate>Fri, 03 Jun 2011 14:14:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74833</guid>
		<description><![CDATA[According to a report published in TheStreet on Tuesday, Moody&#8217;s Investors Service, a wing of Moody&#8217;s Corp. (MCO), has said that many U.S. banks, which produce jumbo mortgage loans and have the power to independently sell these, could enjoy higher earnings as government sponsored enterprises (GSEs), Fannie Mae (FNMA) and Freddie Mac (FMCC) are gradually moving away from the jumbo loan market. These banks will pick up market share from loan producers depending heavily on GSEs to sell their loans. What is Jumbo Mortgage Loan? This is basically a mortgage loan that exceeds the purchasing limits set by the GSEs. As a jumbo mortgage loan does not conform to a regular mortgage loan in structure, it is deemed unconventional. One easy example under this category would be a loan to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/03/mco-who-gains-from-jumbo-mortgage/74833/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STI) U.S. Banks Industry Outlook &#8211; May 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/05/03/sti-u-s-banks-industry-outlook-may-2011-industry-outlook/73147</link>
		<comments>http://www.stockbloghub.com/2011/05/03/sti-u-s-banks-industry-outlook-may-2011-industry-outlook/73147#comments</comments>
		<pubDate>Wed, 04 May 2011 01:44:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[ABCB]]></category>
		<category><![CDATA[Access National Corporation]]></category>
		<category><![CDATA[Ameris Bancorp]]></category>
		<category><![CDATA[ANCX]]></category>
		<category><![CDATA[AROW]]></category>
		<category><![CDATA[Arrow Financial Corporation]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bancorp Rhode Island Inc]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BARI]]></category>
		<category><![CDATA[BBNK]]></category>
		<category><![CDATA[BOK Financial Corporation]]></category>
		<category><![CDATA[BOKF]]></category>
		<category><![CDATA[Bridge Capital Holdings]]></category>
		<category><![CDATA[Chemical Financial Corporation]]></category>
		<category><![CDATA[CHFC]]></category>
		<category><![CDATA[EFSC]]></category>
		<category><![CDATA[Enterprise Financial Services Corporation]]></category>
		<category><![CDATA[Financial Institutions Inc]]></category>
		<category><![CDATA[FISI]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[INDB]]></category>
		<category><![CDATA[Independent Bank Corporation]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[MBT Financial Corporation]]></category>
		<category><![CDATA[MBTF]]></category>
		<category><![CDATA[PNBC]]></category>
		<category><![CDATA[PrInceton National Bancorp Inc]]></category>
		<category><![CDATA[State Bancorp Inc]]></category>
		<category><![CDATA[STBC]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[TCBK]]></category>
		<category><![CDATA[TOFC]]></category>
		<category><![CDATA[Tower Financial Corporation]]></category>
		<category><![CDATA[TriCo Bancshares]]></category>
		<category><![CDATA[Washington Banking Company]]></category>
		<category><![CDATA[WBCO]]></category>
		<category><![CDATA[WBS]]></category>
		<category><![CDATA[Webster Financial Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73147</guid>
		<description><![CDATA[A major recovery in the asset markets, improving balance sheets and declining credit costs promise growth for the U.S. banking sector. Yet, the outlook for the industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults, weak loan demand, and the impact of tighter regulations and policy changes. After enduring overwhelming recessionary shocks, the U.S. banking industry is now slowly recovering. 2010 can be certainly characterized as a year of reform. Financial support from the U.S. government ultimately transformed to comparative stability during the year. The government had taken several steps, including programs offering capital injections and debt guarantees, to stabilize the financial system. Also, the banks are working hard to address problem credit, primarily in residential and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/sti-u-s-banks-industry-outlook-may-2011-industry-outlook/73147/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Will Cash for Keys Fix Foreclosure?</title>
		<link>http://www.stockbloghub.com/2011/03/31/bac-will-cash-for-keys-fix-foreclosure/69858</link>
		<comments>http://www.stockbloghub.com/2011/03/31/bac-will-cash-for-keys-fix-foreclosure/69858#comments</comments>
		<pubDate>Thu, 31 Mar 2011 14:39:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69858</guid>
		<description><![CDATA[An immediate “cash for keys” solution to the foreclosure mess is probably knocking at the door. Mortgage servicers have long been striving to reach a single broad settlement for critical deficiencies related to the foreclosure process, but this is yet to materialize due to internal disagreements among participants. According to a Financial Times report, the Federal Deposit Insurance Corporation (FDIC) chaired a meeting last Monday. The agenda of the meeting was to figure out a quick fix for the foreclosure crisis. At the private meeting, regulators asked top five mortgage servicers to pay up to $21,000 to delinquent borrowers. Though the proposal to compensate borrowers for their homes is yet to be finalized, we can presume that, if enacted, it would teach mortgage servicers a valuable lesson and alleviate the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/31/bac-will-cash-for-keys-fix-foreclosure/69858/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HCBK) Hudson City Bancorp Completes Restructuring</title>
		<link>http://www.stockbloghub.com/2011/03/29/hcbk-hudson-city-bancorp-completes-restructuring/70117</link>
		<comments>http://www.stockbloghub.com/2011/03/29/hcbk-hudson-city-bancorp-completes-restructuring/70117#comments</comments>
		<pubDate>Tue, 29 Mar 2011 15:50:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Savings & Loans]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[Hudson City Bancorp Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70117</guid>
		<description><![CDATA[Yesterday,Hudson City Bancorp Inc. (HCBK) announced the completion of its balance sheet restructuring. The restructuring condensed higher-cost structured borrowings, which are expected to increase net interest income in the coming quarters as interest expenses goes down. As a part of restructuring, Hudson City paid off $12.5 billion in structured quarterly putable borrowings. The funds for the payment were arranged through the sale of $8.7 billion of securities and $5.0 billion of new shorter-term fixed maturity borrowings with an average cost of 0.66%. Recent market proceedings and the United States government’s participation in both the mortgage markets, through the government-sponsored enterprises (GSEs) such as Fannie Mae (FNMA) and Freddie Mac (FMCC), and the maintenance of low market interest rates, resulted in an environment that has caused balance sheet to be less ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/29/hcbk-hudson-city-bancorp-completes-restructuring/70117/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AGNC) American Capital Agency Announces Secondary Offering</title>
		<link>http://www.stockbloghub.com/2011/03/23/agnc-american-capital-agency-announces-secondary-offering/69418</link>
		<comments>http://www.stockbloghub.com/2011/03/23/agnc-american-capital-agency-announces-secondary-offering/69418#comments</comments>
		<pubDate>Wed, 23 Mar 2011 07:42:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[ACAS]]></category>
		<category><![CDATA[AGNC]]></category>
		<category><![CDATA[American Capital Agency Corporation]]></category>
		<category><![CDATA[American Capital Limited]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69418</guid>
		<description><![CDATA[American Capital Agency Corp. (AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), has recently announced a secondary offering of 28 million common shares totaling $780 million of gross proceeds. The company will also grant the underwriters a 30-days option to purchase an additional 4.2 million shares to cover any over-allotments. BofA Merrill Lynch – the investment banking and wealth management division of Bank of America Corporation (BAC); Citigroup Global Markets Inc. – the brokerage and securities arm of Citigroup Inc. (C); Credit Suisse Securities (USA) LLC – the investment banking division of Credit Suisse Group (CS); and Deutsche Bank Securities Inc. – the U.S. investment banking and securities arm of Deutsche Bank AG (DB) are acting as ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/23/agnc-american-capital-agency-announces-secondary-offering/69418/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AGNC) American Capital Agency Corporation Announces Secondary Offeringg</title>
		<link>http://www.stockbloghub.com/2011/03/22/agnc-american-capital-agency-corporation-announces-secondary-offeringg/69453</link>
		<comments>http://www.stockbloghub.com/2011/03/22/agnc-american-capital-agency-corporation-announces-secondary-offeringg/69453#comments</comments>
		<pubDate>Wed, 23 Mar 2011 04:44:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[ACAS]]></category>
		<category><![CDATA[AGNC]]></category>
		<category><![CDATA[American Capital Agency Corporation]]></category>
		<category><![CDATA[American Capital Limited]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69453</guid>
		<description><![CDATA[American Capital Agency Corp. (AGNC), a leading real estate investment trust (REIT) that focuses on investments in mortgage pass-through securities and collateralized mortgage obligations (CMOs), has recently announced a secondary offering of 28 million common shares totaling $780 million of gross proceeds. The company will also grant the underwriters a 30-days option to purchase an additional 4.2 million shares to cover any over-allotments. BofA Merrill Lynch – the investment banking and wealth management division of Bank of America Corporation (BAC); Citigroup Global Markets Inc. – the brokerage and securities arm of Citigroup Inc. (C); Credit Suisse Securities (USA) LLC – the investment banking division of Credit Suisse Group (CS); and Deutsche Bank Securities Inc. – the U.S. investment banking and securities arm of Deutsche Bank AG (DB) are acting as ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/22/agnc-american-capital-agency-corporation-announces-secondary-offeringg/69453/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Are Housing Prices Nearing Bottom &#8211; Is 2011 The Right Time to Buy a House?</title>
		<link>http://www.stockbloghub.com/2011/03/03/mco-are-housing-prices-nearing-bottom-is-2011-the-right-time-to-buy-a-house/67836</link>
		<comments>http://www.stockbloghub.com/2011/03/03/mco-are-housing-prices-nearing-bottom-is-2011-the-right-time-to-buy-a-house/67836#comments</comments>
		<pubDate>Thu, 03 Mar 2011 21:37:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[CCI]]></category>
		<category><![CDATA[Crown Castle International Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67836</guid>
		<description><![CDATA[Is 2011 a good year to buy a house if the pocket permits? Declining home prices and a low interest rate environment suggest that the time is just perfect. Also, many of economists expect housing prices to bottom in 2011. So, if buyers have a secure job and the confidence to meet stricter lender requirements, it would probably be a wise decision to proceed. House Keys to Remember Given below are pre-buying pointers for a safe and quick home transaction: The total cost including mortgages, insurance, taxes and regular maintenance expenses should be substantially lower than the rent of an equivalent home. The buyer should be able to keep the home for a long time, at least 10 years. As it is difficult to predict that home prices will decline ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/03/mco-are-housing-prices-nearing-bottom-is-2011-the-right-time-to-buy-a-house/67836/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FMCC) U.S. Banks Stock Update &#8211; January 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/01/31/fmcc-u-s-banks-stock-update-january-2011-industry-outlook/65147</link>
		<comments>http://www.stockbloghub.com/2011/01/31/fmcc-u-s-banks-stock-update-january-2011-industry-outlook/65147#comments</comments>
		<pubDate>Mon, 31 Jan 2011 18:50:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BancFirst Corporation]]></category>
		<category><![CDATA[BANF]]></category>
		<category><![CDATA[Bank of the Ozarks Inc.]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[CACB]]></category>
		<category><![CDATA[Cascade Bancorp Inc]]></category>
		<category><![CDATA[Eagle Bancorp Inc]]></category>
		<category><![CDATA[EGBN]]></category>
		<category><![CDATA[FCF]]></category>
		<category><![CDATA[First Commonwealth Financial Corporation]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[HBNC]]></category>
		<category><![CDATA[Horizon BanCorporation]]></category>
		<category><![CDATA[METR]]></category>
		<category><![CDATA[Metro Bancorp Inc]]></category>
		<category><![CDATA[OZRK]]></category>
		<category><![CDATA[PNBC]]></category>
		<category><![CDATA[PrInceton National Bancorp Inc]]></category>
		<category><![CDATA[Sandy Spring Bancorp Inc]]></category>
		<category><![CDATA[SASR]]></category>
		<category><![CDATA[SBSI]]></category>
		<category><![CDATA[Southside Bancshares Inc]]></category>
		<category><![CDATA[TCB]]></category>
		<category><![CDATA[TCBK]]></category>
		<category><![CDATA[TCF Financial Corporation]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[TriCo Bancshares]]></category>
		<category><![CDATA[Valley National Bancorp]]></category>
		<category><![CDATA[VLY]]></category>
		<category><![CDATA[WAL]]></category>
		<category><![CDATA[Washington Banking Company]]></category>
		<category><![CDATA[WBCO]]></category>
		<category><![CDATA[Western Alliance Bancorporation]]></category>
		<category><![CDATA[Wilmington Trust Corporation]]></category>
		<category><![CDATA[WL]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=65147</guid>
		<description><![CDATA[Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the impact of tighter regulations and policy changes. After enduring extraordinary shocks in 2008, U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime segment of the mortgage market, the situation affected the entire financial services industry, in all corners of the globe. In other words, the financial crisis ultimately morphed into a massive economic crisis, which has had major ramifications across the entire world. Although the U.S. banking industry is still grappling with weak revenue, diminishing loan demand ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/31/fmcc-u-s-banks-stock-update-january-2011-industry-outlook/65147/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Settles Loan Repurchase Line</title>
		<link>http://www.stockbloghub.com/2011/01/04/bac-bank-of-america-settles-loan-repurchase-line/64467</link>
		<comments>http://www.stockbloghub.com/2011/01/04/bac-bank-of-america-settles-loan-repurchase-line/64467#comments</comments>
		<pubDate>Tue, 04 Jan 2011 23:56:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64467</guid>
		<description><![CDATA[On Monday, Bank of America Corporation (BAC) agreed to pay $2.62 billion to Freddie Mac (FMCC) and Federal National Mortgage Association or Fannie Mae (FNMA). This will resolve the repurchase or “put back” claims related to certain residential mortgage loans sold to these Government Sponsored Entities (GSEs) by Countrywide Financial Corporation. Countrywide was acquired by BofA for approximately $4 billion in 2008. BofA had been facing significant problems in its balance sheet since its acquisition of Countrywide. Though the settlement of residential mortgage loans sold by Countrywide will help the company improve its financials in the long run, higher provisions will mar the near-term results. According to BofA’s declaration, the settlement deal includes: The payment of $1.28 billion to Freddie Mac for settling 787,000 loans claims (current and future) sold ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/01/04/bac-bank-of-america-settles-loan-repurchase-line/64467/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Announces Focus on Direct Lending</title>
		<link>http://www.stockbloghub.com/2010/10/07/bac-bank-of-america-announces-focus-on-direct-lending/54322</link>
		<comments>http://www.stockbloghub.com/2010/10/07/bac-bank-of-america-announces-focus-on-direct-lending/54322#comments</comments>
		<pubDate>Thu, 07 Oct 2010 23:02:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54322</guid>
		<description><![CDATA[Bank of America Corporation (BAC) announced this week that it plans to concentrate on direct lending to its customers and will stop using first mortgage wholesale channel (independent brokers) to offer loans. BofA’s move stems from its struggle with a large number of lawsuits, buy-back requests and fraud charges from loans that were originated hastily. The (Un)Securitized Loan Problem Since wholesale mortgage originators have little contact with the loans once these are securitized, they are liable to palm off most responsibility to the purchasers of these loans. In their rush to give out and securitize more loans, they gloss over scrutinizing the documents of borrowers, leading to errors. Loan purchasers like Freddie Mac (FMCC) and Fannie Mae (FNMA) are now burdened with uncollectible loans, and are forcing service providers like ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/07/bac-bank-of-america-announces-focus-on-direct-lending/54322/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(FMCC) Fannie Mae and Freddie Mac Reports Losses in Billions</title>
		<link>http://www.stockbloghub.com/2010/08/29/fmcc-fannie-mae-and-freddie-mac-reports-losses-in-billions/49540</link>
		<comments>http://www.stockbloghub.com/2010/08/29/fmcc-fannie-mae-and-freddie-mac-reports-losses-in-billions/49540#comments</comments>
		<pubDate>Mon, 30 Aug 2010 04:51:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49540</guid>
		<description><![CDATA[According to a report published by Federal Housing Finance Agency (“FHFA”) on Thursday, government-backed mortgage finance giants Fannie Mae (FNMA) and Freddie Mac (FMCC) lost $226 billion in capital in the last three years. As these two mortgage finance companies have absorbed $148 billion in taxpayers’ money since their takeover two years ago to keep themselves afloat, the immense capital losses have drawn the attention of critics, pressuring Democrats to find a way to address the housing crisis. According to the FHFA report, the majority of the losses (about $166 billion) were a result of guaranteeing mortgage loans on single-family homes. Also, there was an additional loss of $21 billion on the mortgage finance giants’ investment portfolios. In addition to these losses, Fannie and Freddie have paid $13 million in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/29/fmcc-fannie-mae-and-freddie-mac-reports-losses-in-billions/49540/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MS) U.S. Banks Stock Update &#8211; August 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/08/20/ms-u-s-banks-stock-update-august-2010-industry-outlook/48603</link>
		<comments>http://www.stockbloghub.com/2010/08/20/ms-u-s-banks-stock-update-august-2010-industry-outlook/48603#comments</comments>
		<pubDate>Fri, 20 Aug 2010 15:55:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[AROW]]></category>
		<category><![CDATA[Arrow Financial Corporation]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[BancFirst Corporation]]></category>
		<category><![CDATA[Bancorp Rhode Island Inc]]></category>
		<category><![CDATA[BANF]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bank of Marin Bancorp]]></category>
		<category><![CDATA[BARI]]></category>
		<category><![CDATA[BMRC]]></category>
		<category><![CDATA[BMTC]]></category>
		<category><![CDATA[Bryn Mawr Bank Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[CBU]]></category>
		<category><![CDATA[Chemical Financial Corporation]]></category>
		<category><![CDATA[CHFC]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[Community Bank System Inc]]></category>
		<category><![CDATA[EBTX]]></category>
		<category><![CDATA[Encore Bancshares Inc]]></category>
		<category><![CDATA[Financial Institutions Inc]]></category>
		<category><![CDATA[FISI]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBNC]]></category>
		<category><![CDATA[Horizon BanCorporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Macatawa Bank Corporation]]></category>
		<category><![CDATA[MBVT]]></category>
		<category><![CDATA[MCBC]]></category>
		<category><![CDATA[Merchants Bancshares Inc]]></category>
		<category><![CDATA[MidWest One Financial Group Inc]]></category>
		<category><![CDATA[MOFG]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NAL]]></category>
		<category><![CDATA[New Alliance Bancshares Inc]]></category>
		<category><![CDATA[Northrim Bancorp Inc]]></category>
		<category><![CDATA[NRIM]]></category>
		<category><![CDATA[OKSB]]></category>
		<category><![CDATA[ORIT]]></category>
		<category><![CDATA[Oritani Financial Corporation]]></category>
		<category><![CDATA[PNBC]]></category>
		<category><![CDATA[PrInceton National Bancorp Inc]]></category>
		<category><![CDATA[Southwest Bancorp Inc]]></category>
		<category><![CDATA[TAYC]]></category>
		<category><![CDATA[Taylor Capital Group Inc]]></category>
		<category><![CDATA[TBBK]]></category>
		<category><![CDATA[The Bancorp Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[Wilmington Trust Corporation]]></category>
		<category><![CDATA[WL]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48603</guid>
		<description><![CDATA[Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives Incorporatedluding asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the impact of tighter regulations of the new financial reform law. After enduring extraordinary shocks in 2008, U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime segment of the mortgage market, the situation affected the entire financial services industry, in all corners of the globe. In other words, the financial crisis ultimately morphed into a massive economic crisis, which has had major ramifications across the entire world. Although the banking industry is still grappling with liquidity and confidence ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/20/ms-u-s-banks-stock-update-august-2010-industry-outlook/48603/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FMCC) Four Banks May Face $42 Billion Mortgage Repurchase Loss</title>
		<link>http://www.stockbloghub.com/2010/08/19/fmcc-four-banks-may-face-42-billion-mortgage-repurchase-loss/48565</link>
		<comments>http://www.stockbloghub.com/2010/08/19/fmcc-four-banks-may-face-42-billion-mortgage-repurchase-loss/48565#comments</comments>
		<pubDate>Thu, 19 Aug 2010 18:07:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48565</guid>
		<description><![CDATA[The four largest U.S. banks may incur losses of up to $42 billion if housing finance giants Fannie Mae (FNMA) and Freddie Mac (FMCC) force them to repurchase faulty mortgages, Fitch Ratings stated on Wednesday. The four banks are JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), Bank of America Corp. (BAC) and Wells Fargo &#38; Co. (WFC). According to the rating agency, if these banks repurchase 25% of the mortgage giants&#8217; troubled loans, the expected loss would be $17 billion. However, if the government-sponsored entities (GSEs) compel them to repurchase half of their faulty loans, the loss could extend to $42 billion. Fitch also said that if the scenario becomes extremely worse, the faulty loan amount for these four banks could total $175 billion to $180 billion. As of June ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/19/fmcc-four-banks-may-face-42-billion-mortgage-repurchase-loss/48565/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FMCC) Freddie Mac Loss Narrows</title>
		<link>http://www.stockbloghub.com/2010/08/10/freddie-mac-loss-narrows/47458</link>
		<comments>http://www.stockbloghub.com/2010/08/10/freddie-mac-loss-narrows/47458#comments</comments>
		<pubDate>Wed, 11 Aug 2010 01:29:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47458</guid>
		<description><![CDATA[Freddie Mac’s (FMCC) second quarter 2010 net loss came in at $1.85 per share, substantially lower than the prior quarter loss of $2.45. However, this compares unfavorably with a net loss of 26 cents per share in the year-ago quarter. With some early signs of stabilization in the housing market, Freddie Mac expects low mortgage rates, relatively high affordability and homebuyer tax credit, all of which will help fuel a recovery in the upcoming quarters. Though provision for credit losses showed some improvement over the prior quarter, it remained at an elevated level as the credit market continued to deteriorate. In June, Freddie Mac announced that it will no longer be allowed to trade its shares on the New York Stock Exchange, having failed to maintain listing standards with lower-than-minimum ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FNM) Case Schiller Home Price Index Shows U.S. Home Prices Rose in May</title>
		<link>http://www.stockbloghub.com/2010/07/27/fnm-case-schiller-home-price-index-shows-u-s-home-prices-rose-in-may/45004</link>
		<comments>http://www.stockbloghub.com/2010/07/27/fnm-case-schiller-home-price-index-shows-u-s-home-prices-rose-in-may/45004#comments</comments>
		<pubDate>Tue, 27 Jul 2010 18:34:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[ETH]]></category>
		<category><![CDATA[Ethan Allen Interiors Inc.]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[HD]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[The Home Depot]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=45004</guid>
		<description><![CDATA[The Case Schiller Home Price Indexes were generally higher in May. On a seasonally adjusted basis (and there is significant seasonality to home prices, so looking at the unadjusted numbers the way that most of the media does is a serious mistake) both the Composite 20 (C20) and Composite 10 (C10) indexes rose by 0.47% for the month. On a year-over-year basis, the C-20 is up 4.63% and the C10 is up 5.44%. The C10 is a subset of the C20, but has a longer history. The first graph below (from http://www.calculatedriskblog.com/) shows the history of the composite indexes. These are repeat sales indexes, tracking the prices of individual houses as they are resold. As such, they are a much more accurate measure than things like the median price of an ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/27/fnm-case-schiller-home-price-index-shows-u-s-home-prices-rose-in-may/45004/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UDR) Real Estate Investment Trust Outlook &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/02/udr-real-estate-investment-trust-outlook-july-2010-industry-outlook/42186</link>
		<comments>http://www.stockbloghub.com/2010/07/02/udr-real-estate-investment-trust-outlook-july-2010-industry-outlook/42186#comments</comments>
		<pubDate>Fri, 02 Jul 2010 16:15:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[AGNC]]></category>
		<category><![CDATA[American Capital Agency Corporation]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[MAC]]></category>
		<category><![CDATA[Macerich Company]]></category>
		<category><![CDATA[PLD]]></category>
		<category><![CDATA[ProLogis]]></category>
		<category><![CDATA[Simon Property Group Inc.]]></category>
		<category><![CDATA[SPG]]></category>
		<category><![CDATA[UDR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42186</guid>
		<description><![CDATA[The U.S. Real Estate Investment Trust (REIT) industry that witnessed two strong back-to-back performances in first quarter 2010 and fourth quarter 2009 somewhat lost its momentum in its fiscal 2010 second quarter. The FTSE NAREIT Equity REIT Index reported total returns of negative 3.05% in the second quarter, vs. a 12.5% and a 10.6% loss for the S&#38;P 500 and the Dow Jones Industrials, respectively. Although total returns as measured by the FTSE NAREIT Equity REIT Index remained well above the S&#38;P 500 and the Dow Jones Industrials, it declined drastically from 10.0% in the first quarter of 2010 and 9.4% in the fourth quarter of 2009. The lackluster performance of the FTSE NAREIT Equity Index is primarily attributable to broader stock-market concerns fueled by the European debt crisis, which ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/02/udr-real-estate-investment-trust-outlook-july-2010-industry-outlook/42186/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FNM) U.S. Housing Prices Mixed in March</title>
		<link>http://www.stockbloghub.com/2010/05/25/fnm-u-s-housing-prices-mixed-in-march/38388</link>
		<comments>http://www.stockbloghub.com/2010/05/25/fnm-u-s-housing-prices-mixed-in-march/38388#comments</comments>
		<pubDate>Tue, 25 May 2010 22:22:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38388</guid>
		<description><![CDATA[The Case Schiller indexes showed that housing prices were mixed in March on a seasonally adjusted basis. Since there is a distinct seasonality to housing prices (they tend to go up in the spring and down in the winter), those are the numbers that should be focused on. Many of the press reports you will see will be based on the non-seasonally adjusted numbers. In March, the Composite 20 (C-20) index was down 0.05% from February, while a subset with a longer history, the Composite 10 (C-10) index posted a gain of 0.16%. Nine cities posted month-to-month gains while 11 saw declines on the month. Biggest Gainers Some of the biggest month-to-month gains were from California, where San Francisco led the pack with a gain of 1.49%, and San Diego ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/25/fnm-u-s-housing-prices-mixed-in-march/38388/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FNM) U.S. Employment Numbers Seem to Be Stalling</title>
		<link>http://www.stockbloghub.com/2010/05/20/fnm-u-s-employment-numbers-seem-to-be-stalling/37861</link>
		<comments>http://www.stockbloghub.com/2010/05/20/fnm-u-s-employment-numbers-seem-to-be-stalling/37861#comments</comments>
		<pubDate>Fri, 21 May 2010 05:48:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[M]]></category>
		<category><![CDATA[Macy's]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37861</guid>
		<description><![CDATA[Initial Claims for Unemployment Insurance, or &#8220;initial jobless claims,&#8221; rose by 25,000 last week to 471,000, well by 27,000 if you count the fact that last week’s claims were revised up by 2,000. That caused the four-week moving average, which is considered to be a better measure given the week-to-week volatility in the numbers, to rise by 3,000 to 450,500. As the graph below shows, initial jobless claims fell sharply in the last three quarters of 2009 after reaching near record levels. However, since the start of 2010, the trend in initial jobless claims has been very erratic, and we seem to be stalled at around the current 450,000 on the four-week average. This pattern is beginning to resemble what happened in the last two recessions &#8212; a big initial ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/20/fnm-u-s-employment-numbers-seem-to-be-stalling/37861/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) U.S. Banks Stock Update &#8211; May 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/05/19/jpm-u-s-banks-stock-update-may-2010-industry-outlook/37702</link>
		<comments>http://www.stockbloghub.com/2010/05/19/jpm-u-s-banks-stock-update-may-2010-industry-outlook/37702#comments</comments>
		<pubDate>Thu, 20 May 2010 00:28:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[BancFirst Corporation]]></category>
		<category><![CDATA[Bancorp Rhode Island Inc]]></category>
		<category><![CDATA[BANF]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bank of the Ozarks]]></category>
		<category><![CDATA[BARI]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BMTC]]></category>
		<category><![CDATA[Bryn Mawr Bank Corporation]]></category>
		<category><![CDATA[BSRR]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Cardinal Financial Corporation]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Center Financial Corporation]]></category>
		<category><![CDATA[Central Valley Community Bancorp]]></category>
		<category><![CDATA[CFNL]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CLFC]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[CVCY]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FBMI]]></category>
		<category><![CDATA[FCBC]]></category>
		<category><![CDATA[FFBC]]></category>
		<category><![CDATA[Fidelity Southern Corporation]]></category>
		<category><![CDATA[Financial Institutions Inc]]></category>
		<category><![CDATA[First Community Bancshares Inc (Bluefield)]]></category>
		<category><![CDATA[First Financial BanCorporation]]></category>
		<category><![CDATA[Firstbank Corporation]]></category>
		<category><![CDATA[FISI]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBNC]]></category>
		<category><![CDATA[Horizon BanCorporation]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Lakeland Bancorp Inc]]></category>
		<category><![CDATA[LBAI]]></category>
		<category><![CDATA[Legacy Bancorp Inc]]></category>
		<category><![CDATA[LEGC]]></category>
		<category><![CDATA[LION]]></category>
		<category><![CDATA[Mainsource Financial Group]]></category>
		<category><![CDATA[MBT Financial Corporation]]></category>
		<category><![CDATA[MBTF]]></category>
		<category><![CDATA[MBWM]]></category>
		<category><![CDATA[MCBI]]></category>
		<category><![CDATA[Mercantile Bank Corporation]]></category>
		<category><![CDATA[Metrocorp Bancshares Inc.]]></category>
		<category><![CDATA[MidWest One Financial Group Inc]]></category>
		<category><![CDATA[MOFG]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFG]]></category>
		<category><![CDATA[NARA]]></category>
		<category><![CDATA[Nara Bancorp Inc]]></category>
		<category><![CDATA[North Valley Bancorp]]></category>
		<category><![CDATA[NOVB]]></category>
		<category><![CDATA[OKSB]]></category>
		<category><![CDATA[Old National BanCorporation]]></category>
		<category><![CDATA[ONB]]></category>
		<category><![CDATA[OZRK]]></category>
		<category><![CDATA[RBCAA]]></category>
		<category><![CDATA[Republic Bancorp Inc.]]></category>
		<category><![CDATA[S&T Bancorp Inc]]></category>
		<category><![CDATA[Sierra Bancorp]]></category>
		<category><![CDATA[Southwest Bancorp Inc]]></category>
		<category><![CDATA[SSBI]]></category>
		<category><![CDATA[STBA]]></category>
		<category><![CDATA[Summit State Bank]]></category>
		<category><![CDATA[TOFC]]></category>
		<category><![CDATA[Tower Financial Corporation]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Viewpoint Financial Group]]></category>
		<category><![CDATA[VIST]]></category>
		<category><![CDATA[VIST Financial Corp]]></category>
		<category><![CDATA[VPFG]]></category>
		<category><![CDATA[WASH]]></category>
		<category><![CDATA[Washington Banking Company]]></category>
		<category><![CDATA[Washington Trust Bancorp Inc]]></category>
		<category><![CDATA[WBCO]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[Wilmington Trust Corporation]]></category>
		<category><![CDATA[WL]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37702</guid>
		<description><![CDATA[Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry still remains in question due to several negatives Incorporatedluding asset-quality troubles, drawbacks of new regulations and the continuation of both residential and commercial real estate loan defaults. After enduring extraordinary shocks in 2008, the U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime segment of the mortgage market, the situation affected about the entire financial services industry, in all corners of the globe. In other words, the financial crisis ultimately morphed into a massive economic crisis, which has had major ramifications across the whole world. Although the banking industry is dealing with liquidity and confidence challenges in 2010, it is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/19/jpm-u-s-banks-stock-update-may-2010-industry-outlook/37702/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AGNC) American Capital Agency to Offer Common Shares</title>
		<link>http://www.stockbloghub.com/2010/05/17/agnc-american-capital-agency-to-offer-common-shares/37413</link>
		<comments>http://www.stockbloghub.com/2010/05/17/agnc-american-capital-agency-to-offer-common-shares/37413#comments</comments>
		<pubDate>Mon, 17 May 2010 22:14:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[AGNC]]></category>
		<category><![CDATA[American Capital Agency Corporation]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37413</guid>
		<description><![CDATA[American Capital Agency Corp. (AGNC), a leading real estate investment trust (REIT), has recently announced plans to offer 6.0 million common shares at $25.75 each to raise cash. The company will also grant the underwriters an option to purchase an additional 0.9 million shares to cover any over-allotments. Credit Suisse Securities (USA) LLC, UBS Investment Bank, Citi, and Deutsche Bank Securities Inc. are acting as joint book-running managers for the public offering. American Capital expects to raise total net proceeds of approximately $147 million, excluding the over-allotment options. The company intends to utilize the proceeds to acquire additional agency securities and for general corporate purposes. The shares fell $2.11 or 7.7% on the impact of the news to $25.43 in midday trading on Friday. American Capital invests only in fixed-rate ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/17/agnc-american-capital-agency-to-offer-common-shares/37413/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Initial Claims for Unemployment Insurance Fell (Sort Of)</title>
		<link>http://www.stockbloghub.com/2010/05/13/bac-initial-claims-for-unemployment-insurance-fell-sort-of/37109</link>
		<comments>http://www.stockbloghub.com/2010/05/13/bac-initial-claims-for-unemployment-insurance-fell-sort-of/37109#comments</comments>
		<pubDate>Thu, 13 May 2010 20:46:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37109</guid>
		<description><![CDATA[Initial Claims for Unemployment Insurance fell 4,000 in the last week to 444,000. However, last week’s numbers were revised up by 4,000, so in many respects they were unchanged. The four-week moving average declined by 9,000 to 450,500. There is a fair amount of volatility in the week-to-week numbers, and the four-week average helps sort out the noise from the real information. As the chart below shows, after peaking in April of 2009 above 650,000, the four-week average was on a steep decline until the end of the year. Since then the four-week average has hovered in a tight range between 440,000 and 470,000. This sharp initial decline, followed by a lengthy period of a high plateau, is reminiscent of the pattern that followed the recessions of 1991 and 2001, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/13/bac-initial-claims-for-unemployment-insurance-fell-sort-of/37109/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WMT) U.S. Initial Jobless Claims Bounce Down Again</title>
		<link>http://www.stockbloghub.com/2010/05/06/wmt-u-s-initial-jobless-claims-bounce-down-again/36421</link>
		<comments>http://www.stockbloghub.com/2010/05/06/wmt-u-s-initial-jobless-claims-bounce-down-again/36421#comments</comments>
		<pubDate>Thu, 06 May 2010 20:03:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Discount Variety Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36421</guid>
		<description><![CDATA[As shown in the graph below (from http://www.calculatedriskblog.com/) after a big decline starting in April of last year, Initial Claims for Unemployment Insurance have become extremely erratic. This week it was time for some good news, as claims fell by 7,000 to 444,000, although part of that is because last week&#8217;s numbers were revised upwards by 3,000, so in some ways it is more like a decline of 4,000. The four-week moving average, which smooths out some of the week-to-week volatility, (and which is what is shown in the graph) fell by 4,750 to 458,500. While this week’s decline is welcome news, it is really not good enough. To really indicate the economy is on-balance creating jobs at a healthy pace, we need to see the number below 425,000, and preferably below ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/06/wmt-u-s-initial-jobless-claims-bounce-down-again/36421/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WMT) Initial Claims for Unemployment Insurance Drop Down</title>
		<link>http://www.stockbloghub.com/2010/04/29/wmt-initial-claims-for-unemployment-insurance-drop-down/35641</link>
		<comments>http://www.stockbloghub.com/2010/04/29/wmt-initial-claims-for-unemployment-insurance-drop-down/35641#comments</comments>
		<pubDate>Fri, 30 Apr 2010 00:11:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Discount Variety Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[WMT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35641</guid>
		<description><![CDATA[As shown in the graph below (from http://www.calculatedriskblog.com/) after a big decline starting in April of last year, Initial Claims for Unemployment Insurance have become extremely erratic. This week it was time for some good news as claims fell by 11,000 to 448,000, although part of that is because last week&#8217;s numbers were revised upwards by 3,000, so in some ways it is more like a decline of 8,000. The four-week moving average, which smooths out some of the week to week volatility (and which is what is shown in the graph) increased by 1,500 to 462,500. While this week’s decline is welcome news, it is really not good enough. To really indicate the economy is on-balance creating jobs at a healthy pace, we need to see the number below ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/29/wmt-initial-claims-for-unemployment-insurance-drop-down/35641/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) U.S. Initial Jobless Claims Rise Again</title>
		<link>http://www.stockbloghub.com/2010/04/15/bac-u-s-initial-jobless-claims-rise-again/33982</link>
		<comments>http://www.stockbloghub.com/2010/04/15/bac-u-s-initial-jobless-claims-rise-again/33982#comments</comments>
		<pubDate>Thu, 15 Apr 2010 17:27:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[KR]]></category>
		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33982</guid>
		<description><![CDATA[Initial claims for unemployment insurance rose sharply for the second straight week, rising 24,000 to 484,000. Just two weeks ago they were at 442,000.  The four-week moving average, which is generally considered a better measure given the week-to-week volatility in the numbers, also rose &#8212; up 7,500 to 457,750. To be sure, we are still in a much better situation on initial jobless claims than we were a year ago, when the four-week moving average was at 636,250, but the steady decline we saw starting from around a year ago that continued through the end of 2009 has turned very erratic so far in 2010. Following a Familiar Pattern? As the graph below (from http://www.calculatedriskblog.com/) shows, the pattern of initial jobless claims is beginning to look much more like the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/15/bac-u-s-initial-jobless-claims-rise-again/33982/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FNM) U.S. Existing Home Sales Slip Slightly</title>
		<link>http://www.stockbloghub.com/2010/03/27/rpm-u-s-existing-home-sales-slip-slightly/31566</link>
		<comments>http://www.stockbloghub.com/2010/03/27/rpm-u-s-existing-home-sales-slip-slightly/31566#comments</comments>
		<pubDate>Sat, 27 Mar 2010 21:10:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Berkshire Hathaway]]></category>
		<category><![CDATA[BRKA]]></category>
		<category><![CDATA[BRKB]]></category>
		<category><![CDATA[ETH]]></category>
		<category><![CDATA[Ethan Allen Interiors Inc.]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[RPM]]></category>
		<category><![CDATA[RPM International Inc.]]></category>
		<category><![CDATA[Sherwin-Williams Company]]></category>
		<category><![CDATA[SHW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31566</guid>
		<description><![CDATA[Existing home sales fell by 0.6% (seasonally adjusted annual rate) to 5.02 million from a 5.05 million rate in January. This was just 7.0% above the extremely depressed rate of a year ago. However, it was slightly better than the consensus expectations of a 5.00 million rate. Existing home sales shot up in the fall as people thought that the “first-time buyer&#8221; tax credit was going to expire on them. The credit was not only extended at the last minute, but it was expanded to non-first-time buyers as well. To qualify for the extended tax credit, people must be under contract by the end of April and close by the end of June. As the first graph below (from http://www.calculatedriskblog.com/) shows, the extended tax credit has not packed nearly as ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/rpm-u-s-existing-home-sales-slip-slightly/31566/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(PMI) PMI Group Wins Freddie Mac Approval</title>
		<link>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710</link>
		<comments>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710#comments</comments>
		<pubDate>Fri, 26 Mar 2010 00:18:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31710</guid>
		<description><![CDATA[California-based PMI Group Inc.’s (PMI) principal operating subsidiary PMI Mortgage Insurance Co. (“MIC&#8221;), announced yesterday that it has won approval from Freddie Mac (FRE) for PMI Mortgage Assurance Co., (“PMAC&#8221;) to directly sell mortgage guaranty insurance in some states. The approval gives PMAC the right to sell insurance in states where PMI’s current mortgage operation doesn&#8217;t meet the minimum capital requirements. Last month, the mortgage insurer got approval from Fannie Mae (FNM) as a direct issuer of mortgage guaranty insurance. The unit also obtained a waiver to continue writing new mortgage insurance business, even if it falls below the capital requirements of the Arizona state regulator. The approval from Freddie Mac runs through Dec. 31, 2011. Mortgage insurers cover part of the loan amount lost by lenders when a home ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/25/pmi-pmi-group-wins-freddie-mac-approval/31710/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(FNM) Federal Reserve Stays On Hold With Interest Rates &#8211; In-Depth</title>
		<link>http://www.stockbloghub.com/2010/03/18/fnm-federal-reserve-stays-on-hold-with-interest-rates-in-depth/30881</link>
		<comments>http://www.stockbloghub.com/2010/03/18/fnm-federal-reserve-stays-on-hold-with-interest-rates-in-depth/30881#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:08:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[inflation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30881</guid>
		<description><![CDATA[As expected, the Federal Reserve left the federal funds rate unchanged at its meeting today. Below, we present statements from the current meeting along with statements from the late January meeting, with my commentary and interpretation (translation?) interspersed on a paragraph by paragraph basis. &#8220;Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. &#8220;Business spending on equipment and software has risen significantly. However, investment in nonresidential structures is declining, housing starts have been flat at a depressed level, and employers remain reluctant to add to payrolls. &#8220;While bank lending continues ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/fnm-federal-reserve-stays-on-hold-with-interest-rates-in-depth/30881/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($FRE) Freddie Mac&#8217;s Net Loss Widens</title>
		<link>http://www.stockbloghub.com/2010/02/25/fre-freddie-macs-net-loss-widens/29021</link>
		<comments>http://www.stockbloghub.com/2010/02/25/fre-freddie-macs-net-loss-widens/29021#comments</comments>
		<pubDate>Thu, 25 Feb 2010 23:16:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29021</guid>
		<description><![CDATA[Freddie Mac’s (FRE) fourth quarter net loss came in at $2.39 per share, substantially higher than the Zacks Consensus Estimate of a loss of 80 cents. This also compares unfavorably with a net loss of $2.06 in the prior quarter. Results for the quarter exclude the preferred dividend of $1.3 million paid to the U.S. Treasury on the senior preferred stock. With some early signs of stabilization in the housing market, Freddie Mac expects low mortgage rates, relatively high affordability and the homebuyer tax credit to help fuel the recovery in the upcoming quarters. Though provision for credit losses showed some improvement over the prior quarter, it remained at an elevated level as the credit market continued to deteriorate. For full year 2009, net loss narrowed to $25.7 billion or ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/25/fre-freddie-macs-net-loss-widens/29021/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FNM) Number of Homeowners Underwater Continues to Rise</title>
		<link>http://www.stockbloghub.com/2010/02/24/fnm-number-of-homeowners-underwater-continues-to-rise/28887</link>
		<comments>http://www.stockbloghub.com/2010/02/24/fnm-number-of-homeowners-underwater-continues-to-rise/28887#comments</comments>
		<pubDate>Wed, 24 Feb 2010 18:48:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Housing]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28887</guid>
		<description><![CDATA[First American Core logic just released its report on the number of homeowners who are underwater on their mortgages. The storm waters continue to rise. In all, more than 11.3 million, or 24 percent, of all residential properties with mortgages, were underwater at the end of the fourth quarter of 2009, up from 10.7 million or 23 percent at the end of the third quarter of 2009. An additional 2.3 million mortgages were approaching negative equity at the end of last year, meaning they had less than five percent equity. Thus even though the Case Schiller indexes have been showing a slight rise in housing prices during the fourth quarter, an additional 600,000 homeowners slipped below the waves during the quarter. Here are the highlights of the report: “Negative equity ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/24/fnm-number-of-homeowners-underwater-continues-to-rise/28887/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($FNM) Housing Prices Show Small Rise</title>
		<link>http://www.stockbloghub.com/2010/02/23/fnm-housing-prices-show-small-rise/28802</link>
		<comments>http://www.stockbloghub.com/2010/02/23/fnm-housing-prices-show-small-rise/28802#comments</comments>
		<pubDate>Wed, 24 Feb 2010 03:05:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28802</guid>
		<description><![CDATA[The Case-Schiller housing price indexes were released this morning, and both the Composite 10 (C-10) and the Composite 20 (C-20) showed monthly increases of 0.3% on a seasonally adjusted basis. Since there is a fair amount of seasonality in housing prices, the seasonally adjusted numbers are the ones to look at. On a year-over-year basis, the C-10 is down 2.4% and the C-20 is down 3.1%. From the peak, the C-10 is down 30.3% and the C-20 is off by 29.4%. The consensus expectation was that the C-20 would show a year-over-year decline of 3.1% in December, so the results were in line with expectations. The year-over-year decline in November was 5.3%. The first chart (from http://www.calculatedriskblog.com/) shows the history of the year-over-year changes for both composites. The indexes first ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/23/fnm-housing-prices-show-small-rise/28802/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FNM) Fed Chairman Ben Bernanke on Exit Strategy</title>
		<link>http://www.stockbloghub.com/2010/02/12/fnm-fed-chairman-ben-bernanke-on-exit-strategy/27752</link>
		<comments>http://www.stockbloghub.com/2010/02/12/fnm-fed-chairman-ben-bernanke-on-exit-strategy/27752#comments</comments>
		<pubDate>Fri, 12 Feb 2010 17:41:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[inflation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27752</guid>
		<description><![CDATA[Fed Chairman Ben Bernanke was scheduled to testify on Capitol Hill this morning, but because the Capitol was frozen (by the weather, not just by filibusters) the hearing was cancelled. However, he did release his prepared testimony. In general, in his remarks about monetary policy, Bernanke addressed the &#8220;how&#8221; of draining the huge amount of liquidity added to the system over the last 18 months or so, but he did not address the &#8220;when.&#8221; The &#8220;when&#8221; really is the most important question. To my mind, the &#8220;when&#8221; should be a long time from now. The key problem facing this economy is not inflation, it is very low rates of resource utilization. To tighten monetary policy when the unemployment rate is at 9.7% and U.S. factories are only operating at 68.8% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/12/fnm-fed-chairman-ben-bernanke-on-exit-strategy/27752/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) U.S. Banks Stock Update &#8211; February 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/02/03/jpm-u-s-banks-stock-update-february-2010-industry-outlook/26923</link>
		<comments>http://www.stockbloghub.com/2010/02/03/jpm-u-s-banks-stock-update-february-2010-industry-outlook/26923#comments</comments>
		<pubDate>Wed, 03 Feb 2010 20:12:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[ABCB]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[Ameris Bancorp]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[BancFirst Corporation]]></category>
		<category><![CDATA[BANF]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bank of Hawaii Corporation]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBNK]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BOH]]></category>
		<category><![CDATA[Bridge Capital Holdings]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[Cathay General Bancorp]]></category>
		<category><![CDATA[CATY]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Central Valley Community Bancorp]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[CVCY]]></category>
		<category><![CDATA[Doral Financial Corporation]]></category>
		<category><![CDATA[DRL]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FCVA]]></category>
		<category><![CDATA[First Capital Bancorp Inc]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[North Valley Bancorp]]></category>
		<category><![CDATA[NOVB]]></category>
		<category><![CDATA[OKSB]]></category>
		<category><![CDATA[Pacific Continental Corporation]]></category>
		<category><![CDATA[PCBK]]></category>
		<category><![CDATA[Southwest Bancorp Inc]]></category>
		<category><![CDATA[SSBI]]></category>
		<category><![CDATA[Summit State Bank]]></category>
		<category><![CDATA[TCBI]]></category>
		<category><![CDATA[Tennessee Commerce Bancorp Inc]]></category>
		<category><![CDATA[Texas Capital BancShares Inc.]]></category>
		<category><![CDATA[TNCC]]></category>
		<category><![CDATA[UBSI]]></category>
		<category><![CDATA[United Bankshares Inc]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[Wilmington Trust Corporation]]></category>
		<category><![CDATA[WL]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26923</guid>
		<description><![CDATA[After enduring extraordinary shocks in 2008, the U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime segment of the mortgage market, the sticky situation infected almost the entire financial services industry, and all corners of the globe. In other words, the financial crisis ultimately morphed into a massive economic crisis, which has had major ramifications across the whole world. Entering 2010, although the banking industry is dealing with liquidity and confidence challenges, it is now comparatively stable with financial support from the U.S. government. The government had taken several steps Incorporatedluding programs offering capital injections and debt guarantees, to stabilize the financial system. We believe that the worst of the credit crisis is now behind us. After more than a year ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/03/jpm-u-s-banks-stock-update-february-2010-industry-outlook/26923/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($FRE) Mortgage Delinquencies Still Rising</title>
		<link>http://www.stockbloghub.com/2010/01/29/fre-mortgage-delinquencies-still-rising/26387</link>
		<comments>http://www.stockbloghub.com/2010/01/29/fre-mortgage-delinquencies-still-rising/26387#comments</comments>
		<pubDate>Sat, 30 Jan 2010 00:41:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26387</guid>
		<description><![CDATA[Freddie Mac (FRE) reported that the serious single family delinquency rate for mortgages in its portfolio rose to 3.87% in December from 3.72% in November, an increase of 15 basis points. Serious delinquencies are mortgages where the homeowner is more than 90 days behind on their payments, but have not yet been foreclosed on. The serious delinquency rate rose in every month of 2009 (and every month in 2008, for that matter). A year ago the rate stood at 1.72%, at its low point in the first half of 2007, it was well below 50 basis points, so we have seen a nine-fold increase off the bottom and more than a doubling in the serious delinquency rate over the last year. Any Silver Lining? If there is any good news ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/29/fre-mortgage-delinquencies-still-rising/26387/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($FNM) Wall Street’s Greed: How to End Big Banks’ Grip on the U.S. Economy</title>
		<link>http://www.stockbloghub.com/2010/01/27/fnm-wall-street%e2%80%99s-greed-how-to-end-big-banks%e2%80%99-grip-on-the-u-s-economy/26211</link>
		<comments>http://www.stockbloghub.com/2010/01/27/fnm-wall-street%e2%80%99s-greed-how-to-end-big-banks%e2%80%99-grip-on-the-u-s-economy/26211#comments</comments>
		<pubDate>Thu, 28 Jan 2010 01:47:26 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Scientific & Technical Instruments]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26211</guid>
		<description><![CDATA[Guest Editorial by Shah Gilani, Contributing Editor, Money Morning Wednesday, January 27, 2010: Issue #1184 The Founding Fathers’ worst fears have come true. When they settled in America 234 years ago, they were afraid of any concentration of power in the republic. They were particularly afraid that banking interests could hijack our fledgling democracy. Today, Wall Street’s stranglehold on the economy threatens our very prosperity – and the future of a truly democratic republic. It’s time we address the truth about Wall Street’s greed and set a course for a more secure economic future – one anchored by a safe banking system, not a system rigged by banks… The Unintended Consequences of Wall Street’s Greed The credit crisis and “Great Recession” are the unintended consequences of Wall Street’s greed. I ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Case Schiller Indexes Show Home Prices Edge Up</title>
		<link>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062</link>
		<comments>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062#comments</comments>
		<pubDate>Tue, 26 Jan 2010 22:33:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=26062</guid>
		<description><![CDATA[In November, housing prices increased by 0.24% on a seasonally adjusted basis for both the Case Schiller (CS) Composite 10 (CS-10) and Composite 20 (CS-20) city indexes. The CS indexes are considered the gold standard of housing price indexes, and track actual repeat sales, and are thus not influenced by mix changes the way that median prices can be. Over the last year, the CS-10 is down 4.5% while the CS-20 is down 5.3%. However, prices appear to have bottomed out for both measures in May and the C-10 is now up 3.76% and the C-20 is 3.38% off the bottom. While such improvement is encouraging, it will be a very long time before housing prices get back to their April 2006 peak levels. The C-10 index is now 30.4% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/26/cs-case-schiller-indexes-show-home-prices-edge-up/26062/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SHW) Existing Homes Sales Plunge</title>
		<link>http://www.stockbloghub.com/2010/01/25/shw-existing-homes-sales-plunge/25904</link>
		<comments>http://www.stockbloghub.com/2010/01/25/shw-existing-homes-sales-plunge/25904#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:23:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Chemicals - Major Diversified]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>
		<category><![CDATA[Sherwin-Williams Company]]></category>
		<category><![CDATA[SHW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25904</guid>
		<description><![CDATA[The National Association of Realtors reported this morning that in December Existing Homes Sales plunged 16.7% from November, to an annual rate of 5.45 million. That rate was, however, 15.0% below the extremely depressed 4.74 million rate in December 2008. While inventories also dropped (as is seasonally normal), falling 6.6% on the month and down 11.1% year over year, the bigger drop in sales meant the months of supply on the market increased to 7.2 months from 6.5 months in November. There are currently 3.29 million existing houses for sale in the county, down from a peak of 4.58 million in July 2008. So we are seeing some progress if one steps back and looks at the longer-term picture. The other good news is that the median price of a ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AGNC) REIT Outlook &amp; Stock Review &#8211; January 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/01/25/agnc-reit-outlook-stock-review-january-2010-industry-outlook/25917</link>
		<comments>http://www.stockbloghub.com/2010/01/25/agnc-reit-outlook-stock-review-january-2010-industry-outlook/25917#comments</comments>
		<pubDate>Mon, 25 Jan 2010 20:23:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Residential]]></category>
		<category><![CDATA[AGNC]]></category>
		<category><![CDATA[American Capital Agency Corporation]]></category>
		<category><![CDATA[DDR]]></category>
		<category><![CDATA[Developers Diversified Realty Corporation]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[REG]]></category>
		<category><![CDATA[Regency Centers Corporation]]></category>
		<category><![CDATA[Simon Property Group Inc.]]></category>
		<category><![CDATA[SPG]]></category>
		<category><![CDATA[VNO]]></category>
		<category><![CDATA[Vornado Realty Trust]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25917</guid>
		<description><![CDATA[Real Estate Investment Trusts The U.S. Real Estate Investment Trust (REIT) industry registered a strong recovery and year-end performance in 2009. The FTSE NAREIT Equity REIT Index reported total returns of 27.99% in 2009, vs. a 26.46% and 18.82% gain for the S&#38;P 500 and the Dow Jones Industrials, respectively. The strong performance of the FTSE NAREIT Equity Index was primarily attributed to the influx of fresh capital through secondary equity offerings and asset sales. REITs and REOCs (Real Estate Operating Companies) raised nearly $38 billion in 2009 in an industry-wide push to recapitalize balance sheets, and over 90 secondary equity offerings were issued in addition to 37 unsecured debt offerings. During the fourth quarter of 2009, total returns for the FTSE NAREIT Equity Index was 9.39%, vs. a 5.5% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/25/agnc-reit-outlook-stock-review-january-2010-industry-outlook/25917/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTG) MGIC Investment Corporation Sees Rating Action</title>
		<link>http://www.stockbloghub.com/2010/01/19/mtg-mgic-investment-corporation-sees-rating-action/25250</link>
		<comments>http://www.stockbloghub.com/2010/01/19/mtg-mgic-investment-corporation-sees-rating-action/25250#comments</comments>
		<pubDate>Wed, 20 Jan 2010 00:13:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[MGIC Investment Corporation]]></category>
		<category><![CDATA[MTG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25250</guid>
		<description><![CDATA[Last week, rating agency Fitch withdrew its long-term issuer rating “B-“ of MGIC Investment Corp. (MTG) along with withdrawing the “BB-“ insurer financial strength rating of its subsidiary, Mortgage Guaranty Investment Corp. The rating agency also pulled back the rating on MGIC’s senior notes and convertible junior subordinated debentures. Back in July, Fitch had downgraded MGIC’s rating following the company’s announcement of its business restructuring. After suffering terribly from the rising delinquencies due to the housing crisis, MGIC announced in July to capitalize its subsidiary Mortgage Guaranty Indemnity which would write new mortgage insurance policies. However, the rating agency considers twin effects of the restructuring. Although the process will drain the parent company’s capital levels rendering it restricted to pay claims, it will enable the newly funded company to write ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Adds 24 Mortgage Centers</title>
		<link>http://www.stockbloghub.com/2010/01/14/jpm-jpmorgan-chase-company-adds-24-mortgage-centers/25057</link>
		<comments>http://www.stockbloghub.com/2010/01/14/jpm-jpmorgan-chase-company-adds-24-mortgage-centers/25057#comments</comments>
		<pubDate>Fri, 15 Jan 2010 04:55:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25057</guid>
		<description><![CDATA[In an effort to extend its helping hand toward struggling homeowners who have to make their mortgage payments, JPMorgan Chase &#38; Company (JPM) said on Monday that it is almost doubling its nationwide network by adding 24 more Chase Homeownership Centers Incorporatedluding one in Dallas. The 27 existing centers of JPMorgan have already served 60,000 struggling families who have to make monthly mortgage payments. The new additions will take the total number of JPMorgan mortgage assistance centers to 51 in 14 states and Washington D.C. JPMorgan will open six of the new 24 mortgage assistance centers in markets that have been hit hard by the housing and economic downturns and currently don&#8217;t have a center. The other 18 new centers will supplement markets that already have centers. In 2009, JPMorgan ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($FNM) Federal Reserve Paid $46.1Billion to Treasury in 2009</title>
		<link>http://www.stockbloghub.com/2010/01/13/fnm-federal-reserve-paid-46-1billion-to-treasury-in-2009/24843</link>
		<comments>http://www.stockbloghub.com/2010/01/13/fnm-federal-reserve-paid-46-1billion-to-treasury-in-2009/24843#comments</comments>
		<pubDate>Wed, 13 Jan 2010 17:42:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24843</guid>
		<description><![CDATA[The Federal Reserve paid a record $46.1 billion in profits for 2009 to the U.S. Treasury as the central bank earned a record net income of $52.1 billion, up 46.8% year-over-year by exposing taxpayer money to risk in an effort to stabilize the financial system last year. The payment represents an increase of $14.4 billion from the Treasury’s contribution in 2008 and is the largest since the U.S. central bank was launched in 1914. The increase was largely due to higher earnings on securities that the Fed had purchased as part of its intensive intervention in the financial system last year. Previously, the largest payment to the Treasury was $34.6 billion in 2007. According to the Fed, much of its income came from the open-market purchase of U.S. Treasury debt, ]]></description>
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		<slash:comments>0</slash:comments>
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	</channel>
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