Thursday, January 14, 2010

Crude Oil Prices Fall because of Weather

Weather Melts Oil Prices


01/14/10 Front month crude prices fell this session following warmer weather in the US.

2009 Record Year for Home Foreclosures 2010 will be worse

A company that keeps tabs on home foreclosure records reported Thursday that 2009 was a record year for home foreclosures. RealtyTrac said 2.8 million households received foreclosures notices last year and that figure could rise this year.

Tremendous Rally in Mortgage Securities

Jan. 14 (Bloomberg) -- Brian Lancaster, head of asset-backed securities strategy for RBS Securities Inc., talks with Bloomberg's Lori Rothman about the performance of mortgaged-backed securities. Lancaster also discusses investment strategy, the current activity compared to the market peak and federal industry regulations. (Source: Bloomberg)
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