Fannie, Freddie Expand in a Bright Spot Fannie and Freddie are demanding higher returns from lenders in exchange for buying loans that help finance rental-apartment buildings, as the two mortgage-finance giants expand in the sector.read more...
Fannie Mae Reveals More Accounting Errors, Hires Chief Financial Officer Fannie Mae, the mortgage finance company that is restating at least $10.8 billion of earnings, said today it found additional accounting errors surrounding the use of tax credits and insurance.read
How to Navigate a Route Through the Alphabet Soup ; Getting Good... How to Navigate a Route Through the Alphabet Soup ; Getting Good Financial Advice Does Not Have to Be As Confusing As It Can Seem.read more...
Home owners ignoring mortgage cover (Reuters.co.uk) LONDON (Reuters) - More home owners insure the contents of their property than the mortgage they borrowed to buy it, putting their families' future at risk in the event of
NY Federal Reserve banker warns against rapid credit growth BUENOS AIRES, Argentina - The world financial system will need time, capital and "extensive repairs" to overcome the poor lending and oversight practices that contributed to the credit crunch, a
Big Box Recycling read more...
Mark Nash now lives in a spacious 1920 Chicago bungalow with handsome leaded windows and a red clay tile roof. But in just a few weeks he intends to put the house up for sale. He’s already purchased a much smaller place—a condo overlooking Lake Michigan in the Chicago suburb of Wilmette.
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