Wednesday, April 22, 2009

Freddie Mac acting CFO dead in apparent suicide

Date: Wed, 22 Apr 2009 12:01:29 -0400

Freddie Mac acting CFO dead in apparent suicide

The acting chief financial officer of Freddie Mac was
found dead at his home Wednesday morning in an apparent suicide,
according to published reports.

REAL ESTATE: NO RUSH TO REFINANCE AS MORTGAGE RATES LOOK TO STAY LOW

Don't panic if you're trying to refinance and the process is taking
longer than you thought: Conforming mortgage rates are likely to stay
low for the remainder of the year, according to the Mortgage Bankers
Association's chief economist.

MORGAN STANLEY SWINGS TO WIDER-THAN-EXPECTED LOSS

Morgan Stanley's wider-than-forecast loss of $177 million reflects a
worsening in results from almost all of the investment bank's business
units compared to
last year.

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