Home Depot Earns 83 Cents/Share in Q1 vs 77 Cents/Share Forecast
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The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.
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The Fed's balance sheet- a broad gauge of its lending to the financial system- stood at $3.274 trillion on May 1, down from $3.276 trillion on April 24. The Fed's ownership of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and the Government National Mortgage Association fell to $1.122 trillion from $1.136 trillion the previous week.
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NEW YORK, May 2- Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve fell in the latest week, data from the U.S. central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for overseas central banks fell $6.5 billion in the week ended May 1, to stand at $3.3 trillion.
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NEW YORK, May 2- The U.S. Federal Reserve bought $15.1 billion of agency mortgage-backed securities from April 25 through May 1, matching the amount it purchased last week, the New York Federal Reserve Bank said on Thursday.
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May 2- Fannie Mae, the largest U.S. home funding source, said on Thursday it sold $1.0 billion of five-year benchmark notes in a reopening of an existing five-year issue via an internet-based auction.
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May 2- Fannie Mae, the largest U.S. home funding source, said on Thursday it will sell $1 billion in a reopening of an existing issue. The auction of the 0.875 percent notes, due May 21, 2018, will be held later on Thursday. The current outstanding amount of the issue is $5.5 billion.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
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*White House faced pressure to replace current FHFA chief. Representative Mel Watt, a longtime consumer advocate, to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said.
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May 1- Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $1 billion of benchmark bills at higher interest rates compared with last week's sale of similar maturities.
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President Barack Obama plans to nominate Democratic congressman Mel Watt to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said on Wednesday. The official said the announcement was expected to come from the White House on Wednesday. The White House said there would be a "personnel announcement" at 2:15 p.m..
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President Barack Obama plans to nominate Democratic congressman Mel Watt to oversee mortgage financiers Fannie Mae and Freddie Mac, a White House official said on Wednesday. The official said the announcement was expected to come from the White House on Wednesday. The White House said there would be a "personnel announcement" at 2:15 p.m..
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Obama plans to nominate Democratic congressman Mel Watt to oversee mortgage financiers Fannie Mae and Freddie Mac, people familiar with the matter said on Wednesday. If confirmed by the Senate, Watt will replace Edward DeMarco, the current career civil servant who has led the Federal Housing Finance Agency in an acting capacity since 2009..
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President Barack Obama plans to nominate Democratic congressman Mel Watt to oversee mortgage financiers Fannie Mae and Freddie Mac, people familiar with the matter said on Wednesday. If confirmed by the Senate, Watt will replace Edward DeMarco, the current career civil servant who has led the Federal Housing Finance Agency in an acting capacity since 2009..
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By Jonathan Spicer and Ann Saphir. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
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*Beyond timing of QE3, debate over which assets to target. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
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By Jonathan Spicer and Ann Saphir. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
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*Beyond timing of QE3, debate over which assets to target. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.