Items Tagged with 'Wire'


  • OFHEO Issues Clarification on Fair-Value Accounting; A Warning to Fannie, Freddie?

    New guidance was published Monday by the Office of Federal Housing Enterprise Oversight on an accounting standard used to determine procudures and protocol for so-called fair-value accounting methods. The standard in question, FASB 159, is a companion to FASB 157; both standards govern the election to carry almost any financial instrument at "fair value."
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  • Mortgage Applications Drop As Refi Backlog Passes

    Mortgage applications surprisingly tumbled last week despite relatively flat interest rates, with a widely-watched composite index of application activity falling 28.7 percent this week on a seasonally-adjusted basis. The Mortgage Bankers Association's Market Composite Index fell to 688.3 for the week ended March 28, down from 965.9 one week earlier, according to a statement released Wednesday morning by the group. Applications were 4.8 percent higher relative to year-ago activity.
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  • We got some positive ink from Fortune, and we're sharing

    Housing Wire was named to a list of five "Must-reads in a Web 2.0 world" by Fortune today, along with our favorite blog ever, DealBreaker. We're just humbled to be in such rarified company -- and it's motivating to see that the idea here of creating a financial news outlet for the mortgage industry has really caught on. Did we mention that Google News has also picked us up this week?
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  • They Like Us! They Really Like Us!

    Housing Wire gets a nod from Marek Fuchs this weekend at for our statistical prowess (that PhD that publisher Paul Jackson spent years pursuing wasn't, apparently, for nothing). It's just the sort of kudos, however that lends street cred to that "getting beyond the numbers" thing we like to push here at HW. Thanks, Marek!
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