Mortgage and Financial News From 2008-7-15 Page 10
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News & Star (The News and Star)
Are you starting to feel the pinch on household finances? Here's a helpful guide to saving money... FINANCES 1. Mortgage check: Check your mortgage. Are you getting a good deal? If not, use a fees free broker to check out the best deals on offer for you and switch.
2008-07-15 05:40:39 -
One Injured in Genesee County Accident (R News)
Checking news now out of Genesee County, investigators say one person is hospitalized following a one-car accident in the town of Darien.
2008-07-15 05:58:29 -
Serious Accident in Bloomfiend Injures Man (R News)
Checking news out of Ontario County, Mercy Flight airlifted one man to the hospital after a serious accident in Bloomfield. It happened just after 6 p.m. Monday.
2008-07-15 05:58:31 -
Fannie Mae Redemption (PR Newswire via Yahoo! Finance)
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
2008-07-15 06:00:00 -
Why the US is backing Fannie, Freddie, and what could happen if it ... - Boston Globe
In the annals of government bailouts, the rescue of Fannie Mae and Freddie Mac is unusual. Though they are both publicly traded companies, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. have effectively become the ...
2008-07-15 01:01:00 -
Put Fannie, Freddie into Federal Receivership: WSJ - CNBC
The U.S. Treasury Secretary could make greater progress toward a safer financial system by putting Fannie Mae and Freddie Mac into federal receivership, the Wall Street Journal said on Tuesday. If the current law doesn't give Henry Paulson that power ...
2008-07-15 02:34:00 -
Japanese Financials Sold Off On Fannie/Freddie Fears - Forbes
Japan's three giant banks have reportedly accumulated roughly 4.7 trillion yen ($44.3 billion) in debt securities issued by the ailing U.S. mortgage finance corporations Fannie Mae and Freddie Mac, sparking strong selling pressure on Japanese lenders ...
2008-07-15 02:27:00 -
Dollar hits new low against euro (The Globe and Mail)
U.S. lending crisis, concerns over economy push dollar lower
2008-07-15 04:49:27 -
Bank aid could be costly for taxpayers (Times Leader)
WASHINGTON — Now that the federal government has thrown a lifeline to mortgage giants Fannie Mae and Freddie Mac, taxpayers could be on the hook for billions more if the crisis of confidence spreads.
2008-07-15 04:50:25 -
Fannie, Freddie: Housing bedrock (The Philadelphia Inquirer)
What's up with Fannie and Freddie? Investor concerns about the financial health of Fannie Mae and Freddie Mac, the two big government-chartered mortgage corporations, have pushed the federal government into action.
2008-07-15 04:50:34 -
Stocks poised to fall on weak dollar, bank fears (The Star-Ledger)
Stocks were headed for a sharply lower open this morning as investors grappled with increasing fears about the financial sector, including the prospect of bank failures.
2008-07-15 04:53:46 -
Overseas stock markets fall sharply (Toronto Star)
LONDON – Asian and European stock markets fell Tuesday as investor confidence in the U.S. financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.
2008-07-15 04:55:31 -
How Fannie, Freddie Became Kings Of The Hill (NPR)
Homeowners might think of Fannie Mae and Freddie Mac as just the big dogs of the mortgage business, but in Washington, D.C., they're known as big players in lobbying. The two companies managed to stave off government regulation for years by lobbying hard — and spending generously.
2008-07-15 04:56:46 -
Questions, answers about bank failure (Modesto Bee)
CHARLOTTE, N.C. -- The government's seizure of IndyMac Bank raises consumer concerns about whether their banks might be next.
2008-07-15 04:58:16 -
Fed Chief Bernanke to brief Congress on economy (Miami Herald)
Federal Reserve Chairman Ben Bernanke is briefing Congress on the economy, which has been walloped by high energy prices and fallout from the housing slump and credit crunch.
2008-07-15 04:58:37