3 Articles match "Conference","Residential"

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Mayors Predict Rising Foreclosures in 2008
Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity. Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Fannie: Q1 a Swift Kick in the Rear
As the market recovers, we will be a prime beneficiary,” Mudd said during a conference call with investors Tuesday morning. residential mortgage debt for the year. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Immediate Relief Nowhere to Be Found
Also on Tuesday, The Conference Board released its monthly Consumer Confidence Index report, showing an almost eight point decline between its May measurement (58.1) In the group’s monthly release, Lynn Franco, Director of The Conference Board Consumer Research Center, said, "This month's Consumer Confidence Index is the fifth lowest reading ever. Adding more insult to injury, the Commerce Three top indices of economic health in the U.S. came out with negative reports this month, supporting the notion that the nation’s inventory of available properties —
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Immediate Relief Nowhere to Be Found
    Also on Tuesday, The Conference Board released its monthly Consumer Confidence Index report, showing an almost eight point decline between its May measurement (58.1) In the group’s monthly release, Lynn Franco, Director of The Conference Board Consumer Research Center, said, "This month's Consumer Confidence Index is the fifth lowest reading ever. Adding more insult to injury, the Commerce Three top indices of economic health in the U.S. came out with negative reports this month, supporting the notion that the nation’s inventory of available properties —
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Mayors Predict Rising Foreclosures in 2008
    Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home values will combine to hold back the nation’s economic activity. Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Fannie: Q1 a Swift Kick in the Rear
    As the market recovers, we will be a prime beneficiary,” Mudd said during a conference call with investors Tuesday morning. residential mortgage debt for the year. It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE