Fannie, Freddie Mortgage Profit Rises With Debt Costs (Update2) (Bloomberg.com) Aug. 27 (Bloomberg) -- The crisis of confidence that sent Fannie Mae and Freddie Mac debt costs to record highs above U.S. Treasuries is also providing the mortgage-finance companies with
At Mount Vernon, New Centers Offer Lessons in Harmony This has been a big week for George Washington's Mount Vernon Estate & Gardens, the official name of that extraordinary property overlooking the Potomac River. read more...
Wall Street Extends Rally Stocks closed near their best levels of the session Tuesday afternoon as a good report on the housing sector helped the market follow through on the previous session's gains.Commentread more...
Royal Bank, Scotiabank May Say 3rd-Qtr Profits Rose (Correct) (Bloomberg.com) (Corrects amount of Royal Bank charge in fifth paragraph.) Aug. 22 (Bloomberg) -- Two of Canada's three biggest banks, led by Royal Bank of Canada, probably will say that fiscal
Premarket Movers: Mortgage Lenders Gain (AP via Yahoo! Finance) Mortgage lenders got a boost in premarket trading Friday as investors anticipated positive comments in separate speeches by President Bush and Federal Reserve Chairman Ben Bernanke.read more...
Some experts worry Greenspan's success bequeaths risky overconfidence In financial markets, they call it "the Greenspan put" -- a belief that if stock or bond prices fall too much, the Federal Reserve will help prop them up with
TSX Group Inc. announced two initiatives today to expand its presence in the Canadian fixed income market.
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