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Posts Tagged ‘ Shows ’

Chemical Activity Barometer Shows Modest Slowing in August

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Chemical Activity Barometer Shows Modest Slowing in August

Note: This appears to be a leading indicator for industrial production. From the American Chemistry Council: Chemical Activity Barometer Shows Modest Slowing The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), remained unchanged from July, continuing a modest deceleration of growth. The flat reading follows a 0.1...
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FHA Audit shows smaller projected shortfall in 2013

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FHA Audit shows smaller projected shortfall in 2013

Update: FHA ISSUES ANNUAL FINANCIAL STATUS REPORT TO CONGRESS Nick Timiraos at the WSJ has some details: Audit Shows FHA Faces .3 Billion Deficit The Federal Housing Administration ran a projected shortfall of .3 billion at the end of September, down from a much larger projected deficit of .3 billion one year earlier, according...
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Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

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Earlier: Chicago Fed National Activity Index improves, Kansas City Fed Mfg Survey shows contraction

A couple of reports from earlier this morning: • The Chicago Fed released the national activity index (a composite index of other indicators): Economic Activity Increased in November Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.10 in November from –0.64 in October. Two of the four...
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WSJ: IMF report shows Greek Debt situation worse than expected

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WSJ: IMF report shows Greek Debt situation worse than expected

Not a surprise … from the WSJ: IMF Draft Sees Greek Debt Reaching 129% of GDP in 2020 The International Monetary Fund now expects Greece’s debt to reach 129% of the country’s gross domestic product in 2020 … That is even further above the level most economists consider sustainable than previously thought, making it...
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Dallas Fed Manufacturing Survey shows contraction in November

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Dallas Fed Manufacturing Survey shows contraction in November

This is the last of the regional Fed surveys for November. The regional surveys provide a hint about the ISM manufacturing index – and the regional surveys were mixed and still fairly weak in November. From the Dallas Fed: Texas Manufacturing Activity Declines Texas factory activity decreased in November, according to business executives responding...
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Freddie Mac survey shows mortgage rates at highest level since August

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Freddie Mac survey shows mortgage rates at highest level since August

Mortgage interest rates increased for the first time in two months to move away from historic lows while remaining considerably lower than a year ago. Freddie Mac said its Primary Mortgage Market Survey showed the average 30-year, fixed-rate mortgage rose to 4.39% this week from 4.17% a week earlier. The average rate for the...
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FHA Mortgagee Board Report Shows Approvals Withdrawn for 900+ Lenders

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FHA Mortgagee Board Report Shows Approvals Withdrawn for 900+ Lenders

The Federal Housing Administration's Mortgagee Review Board (MRB) published a notice today to announce dozens of administrative actions against FHA-approved lenders who failed to meet its requirements. The total amount of originators that used to write FHA-backed mortgages, the report shows, but are restricted from doing so today, has surpassed the 900 mark. The...
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