Mortgage Debt Is Still the Main Show

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City of Industry, CA --(www.USEquityNews.com)-- 01/26/2010 - Mortgage Investment industry alert provided by U.S. Equity News. Friday was another wild day out there!That had to be the first 3 day losing streak for the new bull market in some time. I will have more to say about this below, but it was almost surreal to see indices move down after almost a year of vertical moonshot.Plenty of topics today: Fly the Empty SkiesI came across this article via Some Assembly Required and I thought the story had to be a misprint: 2009 airline revenue: Worst drop everNEW YORK (CNNMoney.com) -- The airline industry suffered its largest drop ever in passenger revenue last year as a weak economy grounded many would-be travelers, an industry group said Wednesday. The Air Transport Association of America said total passenger revenue for the major U.S. carriers fell 18% in 2009 versus the year before. It was the largest drop on record, exceeding the 14% decline in 2001. [Read the full article]


If the FDIC goes through with the bond issues it would mark a milestone in government efforts to rid the banking system of troubled assets. The FDIC has more than $36bn in assets on its books from failed institutions seized during the financial crisis.

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If the FDIC goes through with the bond issues it would mark a milestone in government efforts to rid the banking system of troubled assets. The FDIC has more than $36bn in assets on its books from failed institutions seized during the financial crisis.

You have viewed your allowance of free articles. If you wish to view more, click the button below. [Read the full article]

AP - FILE - In this July 22, 2009 photo, Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in ...

WASHINGTON (AP) -- A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn.

But Bernanke's prospects appeared to brighten Sunday, with three more senators, including Republican leader Mitch McConnell of Kentucky, predicting he'll be confirmed. A vote is expected later this week.

Still, the chance of Bernanke's defeat has unsettled Wall Street, contributing to last week's 4 percent loss by the Dow Jones industrial average, its worst performance in 10 months. If Bernanke were rejected, uncertainty over a successor would further roil global markets, at least in the short run.

Anxiety, along with sagging investments, could cause consumers and businesses to cut spending. [Read the full article]

Attendance at the conference was way down from a peak of 110,000 people in 2007, matching the near 30 per cent drop in house prices over a similar time frame â€" a stark reminder of the heavy toll extracted by the housing market collapse and financial crisis.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Attendance at the conference was way down from a peak of 110,000 people in 2007, matching the near 30 per cent drop in house prices over a similar time frame â€" a stark reminder of the heavy toll extracted by the housing market collapse and financial crisis.

You have viewed your allowance of free articles. If you wish to view more, click the button below. [Read the full article]

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