Democrats Propose Mortgage Aid To Ease the Credit Crunch
Rep. Frank said he would support temporarily easing restraints on Fannie Mae and Freddie Mac to help mitigate turmoil in the mortgage market.
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Investors Worry Interest Cut Not Needed NEW YORK - Wall Street retreated Thursday after housing data showed sales surged in April by the largest amount in 14 years and damped hopes that an interest rate cut
(AFX UK Focus) 2005-06-22 04:29 GMT: Standard Chartered, three other banks raise HK mortgage rates by 25 basis pts (Interactive Investor) HONG KONG (AFX) - Standard Chartered, Bank of East Asia, Dah Sing Bank and DBS Bank announced that they have raised their mortgage rates in Hong Kong by a further
2 men arrested on Katrina home repair charges, a 3rd faces charges "It has been more than two years since Katrina hit and our residents are still in the process of getting their lives back in order" Two Long Beach residents
Banks borrowed more over the past week from the Federal Reserve's emergency program. Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the sixth week in a row.read more...
Paulson says home loan defaults to rise in 2008: report "We'll watch carefully mortgages that will be reset" U.S. Treasury Secretary Henry Paulson said the number of potential U.S. home-loan defaults "will be significantly bigger" in 2008 than in
MORTGAGE MONSTERS (New York Post) THE stock of mortgage giants Freddie Mac and Fannie Mae fell sharply this week. The drop not only shows how far they've fallen in investors' esteem - it calls into
October 4th, 2007
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