RetireResources.com http://retireresources.com Just another WordPress weblog Thu, 11 Mar 2010 23:16:22 +0000 http://backend.userland.com/rss092 en Summary Box: Citi CEO sees return to profitability (AP) AP - BULLISH OUTLOOK: Citigroup Inc. says its returning to "sustained profitability" after losing billions on bad loans and taking a federal bailout. CEO Vikram Pandit says the bank is shedding risky mortgage assets and shifting focus to emerging markets like Latin America and Asia. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100311/ap_on_bi_ge/us_citigroup_pandit_summary_box Fannie Mae to offer $6b in notes (AP) AP - Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100311/ap_on_bi_ge/us_fannie_mae_debt_offering Gov’t official warns on home down payment hikes (AP) AP - The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100311/ap_on_bi_ge/us_government_loans Stocks Are Quiet While Currencies Scream (The Motley Fool) The Motley Fool - After a down January, the stock market is again positive for the year. The much-fabled January effect barometer didn't work in 2009, and it remains to be seen if it will work in 2010. Economic data has continued its slow improvement, keeping stocks fairly calm. The ... http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/fool/20100311/bs_fool_fool/rx44573 Mortgage rates remain below 5 percent (AP) AP - Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100311/ap_on_bi_ge/us_mortgage_rates Foreclosures drop for 2nd month in February: RealtyTrac (Reuters) Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20100311/bs_nm/us_usa_economy_housing Allstate Structured legal fee program for you. ... Wahlstrom Allstate "Allstate Financial" annuity "structured legal fee" "structured attorney" "life ...youtube.com http://www.google.com/url?q=http://www.youtube.com/watch%3Fv%3Dz-Vu9n82wEs&source=video&vgc=rss&usg=AFQjCNGWcKXNR4IzPpr0I-D9xkT2KBdvbw Quinn seeks income tax hike for schools (AP) AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100310/ap_on_bi_ge/il_state_budget Home loan demand nudges higher in latest week (Reuters) Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/nm/20100310/bs_nm/us_usa_economy_mortgages Nationalized UK bank Northern Rock back in profit (AP) AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell. http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20100310/ap_on_bi_ge/eu_britain_earns_northern_rock