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Friday, August 29, 2008

We Just Report the News...

July housing data signals small gain for select metropolitan cities [Wall Street Journal]

Top FBI official saw threat of mortgage crisis in 2004 [LA Times]

IndyMac failure costs FDIC $8.9 billion...more than originally anticipated [Los Angeles Business Journal]

Fannie and Freddie still and may continue to bleed... [The Economist]

FDIC announces 10th bank to fail this year [New York Times] traffic surges in July by 27% for Los Angeles [MarketWatch]

Mortgage rates fell to 6.40% this week [Wall Street Journal]

That's the news...have a wonderful Labor Day weekend!

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