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Home Lenders Shake Off Katrina  Countrywide Financial , one of country's largest mortgage lenders, said it expects its losses from Hurricane Katrina to total more than $70 million.read more...


Latest Issue of LoanPerformance MarketPulse(TM) Features New Whitepaper on Measuring Mortgage Servicer Performance (PR Newswire via Yahoo! Finance)   LoanPerformance, a subsidiary of First American Real Estate Solutions and a leader in residential mortgage data and analytics for the mortgage industry and Wall Street, today announced that the


Recent Feature Articles  Buy A Link Now Products and services from our sponsors. Manage tomorrow's J2EE applications today.read more...


St. Louis MetroLink Takes Shape Despite Delays  One of the largest construction projects in St. Louis history is mired in controversy, missed deadlines and cost overruns, but through it all, construction continues on MetroLink's Cross County Extension,


Business news in brief from around New Jersey  Honeywell International Inc. said Monday that it will soon have full ownership of UOP LLC, which supplies technology for the petrochemical industry.read more...


When you choose radiant heat, take care in installing the floor (Reg Req'd)  Question:I am remodeling my kitchen. I'd like to have radiant floor heating installed there and in a shed that will be used as a laundry room.via

August 18th, 2008

Shares in U.S. mortgage giants Fannie, Freddie fall on renewed bailout fears

Whether or not the U.S. government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario …



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