What's Happening in Mortgages - AM Edition - Friday, February 01st, 2008

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  • Mortgage brokers hurt by weak foundation
  • 30-Year Mortgage Rates Rise for 1st Time In '08
  • Financial Turmoil Likely to Continue
  • MasterCard profit up on card use abroad
  • MBIA Loses $2.3 Billion on Write-Downs
  • Wall Street Heads for Lower Opening
  • Housing market slowdown continues
  • S&P Mulls $500B in Mortgage Downgrades
  • State Bill To Aid Troubled Homeowners Fails
  • Fed cuts interest rates by 1/2 point

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