Darling urges banks to ease mortgage costs (Guardian Unlimited) Alistair Darling, the chancellor, has called a meeting with the country's biggest banks to urge them to pass on lower interest rates to squeezed mortgage holders in return for the
Americans Generally Pessimistic About Economy People are skeptical about the economy despite recent encouraging signs, with worries about the costs of gas, heating oil and health care.read more...
Mortgage rates keep falling; rate forecast lowered (BizJournals) Long-term mortgage rates have fallen for the fourth straight week, with the average 30-year fixed rate mortgage at a 14-month low.via
Lawmakers Criticize Former Fannie Mae CEO The ousted former chief executive of Fannie Mae, Franklin Raines, was criticized by lawmakers and a federal regulator on Tuesday as a House panel aired government allegations of a six-year
Sears Insider Heads to The Great Indoors Sears Holdings Corp. has promoted Teresa Byrd to svp and general manager, The Great Indoors , the company's chain of 18 home-decorating stores.read more...
Fannie, Freddie Books Under Scrutiny Bank examiners from the Federal Reserve and the Office of the Comptroller of the Currency are looking at the books of mortgage investors Fannie Mae and Freddie Mac.read more...
RALEIGH, N.C.—Conversations with Doug Frelke and Kim Bowden can take some unusual twists.
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