Freddie Mac

Key US lenders to face new curbs

bbc.co.uk     8 hrs ago   8 related          

The bottom has fallen out of the US housing market The US government plans to put Freddie Mac and Fannie Mae under strict federal control in a further attempt to rescue the two mortgage giants, US media say. Under the...                    

U.S. Rescue Seen at Hand for 2 Mortgage Giants

drudgereport.com     11 hrs ago          

By STEPHEN LABATON and ANDREW ROSS SORKIN The plan would replace the leaders of Fannie Mae and Freddie Mac and virtually wipe out their shareholders but let them continue to work with the government standing behind their...                    

Top Alaska Republicans not consulted before Palin selection

startribune.com     2 hrs ago          

By DAN JOLING , Associated Press Too many questions Sarah, the McCain smoke screen to distract you from the Economy The real issue is the economy and McCain has no answers. He is just part of Bush's failed policies as...                    

[$$] Falling Crude Prices Are No Cure for Stocks (at Barron's Online)

yahoo.com     5 hrs ago          

Word Count: 1,129 | Companies Featured in This Article: Fannie Mae, Freddie Mac, Precision Castparts, Boeing, First Niagara Financial Group, People's United, BancorpSouth, Hancock Holding, First Financial Bankshares Vital...                    

US Treasury close to deal to prop up mortgage giants Fannie and Freddie

independent.co.uk     18 hrs ago   84 related          

The US Treasury is close to a deal to prop up the mortgage finance giants Fannie Mae and Freddie Mac, whose crumbling finances have put the US housing market in jeopardy and threatened to turn an economic slowdown into a...                    

Lightning Round: Wachovia, BP, Elan and More

pharmiweb.co.uk     17 hrs ago   1 related          

Energy Transfer Partners : Cramer likes Enterprise Product Partners better, but said that ETP is still a good stock. Continental Resources : Until oil bottoms, Cramer can’t recommend this stock. Leggett & Platt : Take...                    

Government may soon back embattled mortgage lenders

kget.com     13 hrs ago   12 related          

WASHINGTON (AP) - The Associated Press has learned that the federal government plans to take over embattled mortgage lenders Fannie Mae and Freddie Mac as soon as this weekend. A person who's been briefed on the matter...                    

Foreclosures Increase Again

wsj.com     17 hrs ago   46 related          

Troubles Extend Into Prime Loans Via Option ARMs The rate of U.S. home mortgages overdue or in foreclosure rose again in the second quarter as housing markets weakened, particularly in California and Florida, and more...                    

30-Year Rates Drop to 6.35 Percent

washingtonpost.com     20 hrs ago   4 related          

Associated Press Saturday, September 6, 2008; Page G02 Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage-finance company, reported Thursday...                    

Bill Gross: Politicking for His Own Bailout (at Seeking Alpha)

yahoo.com     20 hrs ago   2 related          

by: Michael Steinberg posted on: September 05, 2008 | about stocks: FNM / FRE PIMCO Bill Gross’ September 2008 “Investment Outlook” asks us to cry for him because he purchased distressed assets too early. Gross complains...                    

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