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  •   US industrial output stutters amid winter storms
US industrial production  inched up 0.1 percent in February, grinding to a near-halt amid severe snow storms that crippled large parts of the East Coast, Federal Reserve data showed Monday. The small rise in industrial output came after a revised 0.9 percent January increase, up 0.2 percentage points from the initial reading, and was better than [...]
MortgageLatestNews,Admin,   03/17/2010

  •   Fed weighs how and when to signal higher rates
Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered. A rate hike isn’t imminent. But at their meeting, which started Tuesday morning, Federal Reserve Chairman Ben Bernanke and his colleagues will likely focus on how to telegraph that higher rates are coming [...]
MortgageLatestNews,Admin,   03/17/2010

  •   Credit card data hints at U.S. consumer rebound
Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others — a sign the lenders still face hurdles in the wake of the deep recession. The delinquency rates likely received a seasonal boost, but nonetheless signal the card issuers are less likely to have to write off bad loans in the [...]
MortgageLatestNews,Admin,   03/17/2010

  •   Franco-German spat fuels EU economic debate
An economic policy  dispute between France  and Germany threatens to distract the eurozone as it faces fierce competition from Asian rivals, analysts and German media warned Tuesday. Barbed comments have been voiced in recent days over how eurozone economies should tackle global competition and internal trade, with Germany defending its drive for labour reform and exports [...]
MortgageLatestNews,Admin,   03/17/2010

  •   London and Country Offer Attractive Range of Exclusive Mortgage Deals
LONDON, ENGLAND, March 17, 2010 /24-7PressRelease/ -- Not only have the major lenders competed with one another to offer best buy mortgage deals but some of the smaller lenders have also been keen to flex their muscle in the market.
24/7 Press Release Newswire,24/7 Media,   03/17/2010

  •   LPS Asset Management rolls out short sale product
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced the launch of its professional short sale service. Offered through LPS Asset Management Solutions, LPS` short sale solution helps servicers respond more quickly to short-sale offers and close more transactions. In the current environment, servicers must be prepared to efficiently leverage alternatives like short sales.
NationalMortgageProfessional.com,NMP Media Services,   03/17/2010