CBO estimates 2013 deficit at $642 billion
Tuesday May 14 | via KING-TV Seattle
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, according to a government study released Tuesday. Comment?
Bernanke says Fed increasing financial monitoring
Friday May 10 | via KING-TV Seattle
The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Comment?
Record profit signals healthier Fannie Mae
Thursday May 9 | via KING-TV Seattle
Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. Comment?
Fed announces mistakes made in mortgage settlement
Wednesday May 8 | via KING-TV Seattle
The Federal Reserve says some 96,000 borrowers who received checks to compensate them for wrongful foreclosures on their mortgages will be getting an additional check to correct for errors in the initial payment. Comment?
Freddie Mac posts $4.6B net income for Q1
Wednesday May 8 | via KING-TV Seattle
The government-controlled company has now turned a profit in its past six quarters. Comment?
A divided Fed wrestles with when to slow bond buys
6 hrs ago | via Seattle Post-Intelligencer
Federal Reserve Chairman Ben Bernanke listens as he testifies on Capitol Hill in Washington, Wednesday, May 22, 2013, before the Joint Economic Committee hearing on "The Economic Outlook" . Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus ... (more) Comment?
Many on FOMC Said More Progress Needed Before QE Slows
10 hrs ago | via The Washington Post
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting. Comment?
Bill Schneider: In Search of the Next Crisis
Friday May 10 | via The Huffington Post
Oh, wait. That may not be altogether a good thing. Certainly not for Republicans. Comment?
SASH Realty Announces Hiring of Dennis Brown as Desi...
Friday May 10 | via PR-inside.com
Mr. Brown, named Seattle/King County REALTORSA Broker of the Year for 2013, brings over three decades of real estate experience to SASH Realty: SASH Realty, a division of SASH Senior Home Sale Services, recently announced the hiring of Dennis Brown as Designated Broker. Comment?
Real estate market improving in state
Thursday May 9 | via Tri-cityherald.com
The report said sales of existing homes rose 14.7 percent in the first quarter of 2013, compared to the same period a year ago. Comment?
Santa Monica Hopes to Protect a oeDream Sitea from S...
5 min ago | via The LookOut news
As Redevelopment Agencies unwind throughout California, the State is threatening to force Santa Monica to sell part of a once-in-a-generation "dream site" in the heart of Downtown. Comment?
RPT-Fitch Assigns Final Ratings to Nqaba Finance 1's...
5 min ago | via Reuters
Fitch Ratings has assigned Nqaba Finance 1 Limited's additional floating-rate notes National Long-term ratings, as follows: The new notes have been issued to refinance the existing class A9, A14, B9, B13 C9, C13 and D4 notes, all with a scheduled maturity of 22 May 2013. Comment?
3 hrs ago | via Asheville Citizen-Times
New Census Bureau figures show the city is continuing its population growth at a rate of nearly 3 percent over the past two years while the region's more rural areas have seen a decline. Comment?
Griffin Capital Essential Asset REIT Reports First Q...
Yesterday | via Digital Post Production
Griffin Capital Essential Asset REIT, Inc. announced today its operating results for the first quarter ended March 31, 2013. Comment?
In low interest rate environment, home affordability...
18 min ago | via Weyburn Review
A new analysis from the Royal Bank finds home ownership in Canada remains largely affordable, even if there are signs of mild financial stress among indebted families. Comment?