Freddie loses $151M in 1Q, CEO says mortgage damage is manageable, housing bottom not hit (Canadian Business) Alan Zibel May 14, 2008 - 5:34 p.m. (AP) - Freddie Mac beat Wall Street's expectations in the first quarter, but the mortgage finance company didn't vanquish concerns about its
Investors shoulder mortgage default risk (Fort Wayne Journal Gazette) If the housing market weakened or collapsed and homeowners started to default on their mortgages in big numbers, who would be left holding the bag?via
Big Guy Books for Young Guy Readers Convinced most books are written for girls, Robert Gould started a line of Big Guy Books to inspire his own two sons to read. more»
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Treasury: Swift support needed for mortgage giants (San Francisco Chronicle) Treasury Secretary Henry Paulson said Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac to make sure the two mortgage giants maintain their critically important
Stewart in leg irons; the latest victory in the war on terror "She has represented the poor, the disadvantaged and the unpopular. . . . It is no exaggeration to say that Ms.Commentread more...
Your Money Matters: Dealing with Rising Mortgage Interest Rates (Wellsville Daily Reporter) (ARA) - Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It's an important question because for many Americans
Investment bank Lehman Brothers Holdings Inc on Thursday said it would stop wholesale mortgage lending amid a continued slump in credit and housing markets, a move that will impact 1,300 jobs and result in a $40 million charge.
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