Analysts Are Polarized On U.S. Steel

Shares of United States Steel Corp X 5.94% plunged more than nine percent on Friday after Goldman Sachs analysts reduced its iron ore outlook for 2015, lowering the forecasted price from $80 to $66 per metric ton. Shares of U.S. Steel finished the week at new 52-week lows, but the stock erased all of last…

Bridgewater Sees Housing Market Grinding Forward

A recent report by Bridgewater focused on the current state of the housing market in the U.S. The recovery from the bursting of the housing bubble during the financial crisis has been mostly slow and grinding. Bridgewater analysts explain the major reasons why the housing market is not booming like it could be.

Freddie Mac Is Selling $410 Million In Delinquent Loans

Government-backed mortgage giant Freddie Mac FMCC recently announced that it will be selling $410 million of deeply delinquent mortgage loans in a continued effort to clean up its balance sheet. The Federal Housing Finance Agency (FHFA) is pressing Freddie Mac and cousin Fannie Mae  FNMA to actively reduce their exposure to delinquent loans this year.