Archive for February, 2009

26 February

AutoNation’s Curious 10-K Mention (at Seeking Alpha)

26 February

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.

26 February

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.

26 February

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.

26 February

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 .

26 February

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.

26 February

Sallie Mae Options Are ‘Exploding’ (at CNBC)

26 February

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.

26 February

AIG: Time to Go Gentle Into That Good Night? (at Minyanville.com)

26 February

Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) (PR Newswire)

The following is being issued by Fannie Mae :