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Shorts See Market Bottom, Flee Financials (MER)(BAC)(LEH)(ABK)(WB)

Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6... [[ This is a content summary only. Visit my website for full links, other content, and more!…

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FHA Raises Premiums for Home Loans

The Federal Housing Administration raised the premiums it charges for insuring that mortgages will be repaid to 1.75% of the loan amount.…

19 hours ago in The Wall Street Journal
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