February 26, 2009
Copart Adds Second Facility in South Carolina (Business Wire)
FAIRFIELD, Calif.—-Copart, Inc. today announced the opening of a new facility in Greer, South Carolina. This latest addition to Copart’s growing footprint marks the company’s second facility in South Carolina and the 147th facility world-wide.
Fannie Mae Reports Fourth-Quarter and Full-Year 2008 Results (PR Newswire)
Fannie Mae today reported its fourth-quarter and full-year 2008 results, and filed its annual report on Form 10-K with the Securities and Exchange Commission.
HUD secretary, Congress debate foreclosure plans (AP)
Against a backdrop of record-low new home sales, Housing Secretary Shaun Donovan told lawmakers the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week.
Redwood Trust Reports Fourth Quarter 2008 Results (PR Newswire)
Redwood Trust, Inc. today reported a GAAP net loss for the fourth quarter of 2008 of $116 million, or a loss of $3.46 per share. This GAAP loss included $111 million, or $3.33 per share, of net negative market valuation adjustments .
Bond Report: Treasurys trade down with auction, deficit in focus (at MarketWatch)
As prices again decline, Treasury yields move higher for a fourth consecutive session. Traders play off the government’s sale of $22 billion in 7-year notes, the last of three record-sized note auctions this week, as investors also digest the implications of the Obama administration’s budget for fiscal 2010.
30-year fixed mortgage rate up slightly (AP)
Rates on 30-year-fixed mortgages rose slightly this week amid sagging consumer confidence and lower sale prices for existing homes, Freddie Mac said Thursday.
Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) (PR Newswire)
The following is being issued by Fannie Mae :