This is one of those year-end stories that you'd prefer to ignore - I know, trust me. In an article titled "Credit-Card Mail May Be Boring, But Ignoring It Could Cost You" in Wednesday's Wall St. Journal, Karen Blumenthal writes

In an article titled "Credit-Card Issuers Under Pressure", Aparajita Saha-Bubna writes for the Wall St. Journal about the recently reported credit losses from major credit card issuers.

Last week, Glenbrook's Carol Coye Benson posted an item on PaymentsViews.com titled "Payments Views Challenge: What Are the Best Ways for Banks to Replace Lost Overdraft Fee Income?". Today's the last day to share your ideas.

The fall 2009 edition of the Payment Cards Center Newsletter from the Federal Reserve Bank of Philadelphia is now available. Topics in this issue include coverage of three conferences held by the center in 2009: The Future of Consumer Credit

Posted To: I didn't get to comment on this story yet, but wanted to make sure everyone was made aware of it. The debate on the future of mortgage securitization is picking up momentum in the media. Covered Bonds, which

Posted To: Builders continue to be skeptical about the near term prospects of the real estate market according to details from the December National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released on Tuesday. The overall Index

Posted To: Did you catch Bunning Grill Bernanke Last Week? Well Ben Is Back, to let YOU know, he can really shake 'em down. Fascinating stuff and as AQ so rightly points out, subtle hints for tomorrow. Speaking of tomorrow,

Posted To: If you are an avid Fed watcher or just keep up with the news, you have likely either seen or heard about Sen. Jim Bunning's feelings towards the Federal Reserve. Bunning, a Republican from Kentucky and a member

Posted To: A new Harris Interactive Survey commissioned by Tulia.com and RealtyTrac.com shows that Americans are growing increasingly less willing to buy foreclosed properties. The survey, conducted between November 5-9, is the latest in a series of polls commissioned by

Posted To: As lights at trade desks flicker in anticipation of their nightly time-off, we're off the worst levels of the day, closer to the better levels of the day actually, and all the while have adhered perfectly to the

Posted To: Mortgage rates held stable for most of the day yesterday as an empty economic calendar left market participants to quietly ponder the Fed's upcoming monetary policy communication with the marketplace. In a VERY slow trading environment, both benchmark

Posted To: MBS MORNING discusses reasons why this is the first serious breakout of the long term range. It's important reading for today. Since then, MBS prices and Tsy Yields have continued to operate in ugly territory, although I will

Posted To: The rates market continues to trade lower....not in rate though, in price. That means RATES ARE HIGHER! 10s have made a move to the 3.62% pivot point, if you recall both 3.57% and 3.62% were out targets following

Posted To: Joe Garrett, my partner and I live and work in the San Francisco Bay area. The Bay Area is home to two great Universities, Cal and Stanford. Both Joe and my youngest son attended Cal. The weather is

Posted To: Wells Fargo joined the other large banks in announcing plans to pay back our TARP money. Banks are complaining that they can't attract top talent with their compensation structures capped. This is good news, since Wells called me

Posted To: Two data sets have already hit news wires.... The first was the Producer Price Index...this data reports on inflation at the producer level. Here is what flashed across my news reader: NOV PPI +1.8 PCT (CONSENSUS +0.8 PCT)

Posted To: An extremely busy day awaits markets as the Federal Open Market Committee kicks off its last two-day meeting of the decade. Two hours before the opening bell investors are being cautious. The S&P 500 hit 14-month highs yesterday