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Treasury Money Funds Shun New Investors to Protect Yields, Fees - BloombergDec. 4 (Bloomberg) -- Money-market mutual funds that buy mostly U.S. Treasuries are starting to turn away new investors as the lowest yields on government debt in 50 years pull down returns for shareholders and squeeze managers’ fees. At least ...
PSMI Opens Office in Van Buren, Ark. - EarthtimesROSWELL, N.M. - (Business Wire) PrimeSource Mortgage, Inc. (PSMI) continues to expand its operations across the country. PSMI proudly announces the opening of an independently owned and operated (PSM) Branch in Van Buren, Arkansas. Julie Dietz-Watson ...
Interest rate drop opens door to refinancing - Austin American-StatesmanThe recent sharp drop in mortgage interest rates is creating a window for homeowners nationwide to refinance and providing an incentive to people who have been holding back on buying a house. In the past week, mortgage rates for 30-year fixed loans ...
Federal Reserve Chairman's Speech at Austin Chamber of Commerce - Newsblaze.comIt is a privilege for me to be here in Texas, and I would like to thank the Austin Chamber for hosting this luncheon. The Texas economy is strong and diversified, accounting for more than a trillion dollars of output last year. However, our nation ...
Meltdown far from over, new mortgage crisis looms - News 8 AustinWASHINGTON — Analysts said the next economic crisis might involve malls, hotels and other businesses affected by the mortgage crunch. Malls from Michigan to Georgia are entering foreclosure, victims of the same crisis that's affected the housing ...
Low-profile mortgage lender trying to survive meltdown it helped ... - Minnesota Public Radio