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What Does The Fannie/freddie Takeover Mean For You? - Businessweek
the federal national mortgage association ( fnm ), nicknamed fannie mae, was a depression-era institution created to make homeownership affordable for the working-class. freddie mac ( fre ) was created in 1970 to provide liquidity, stability and ...
www.businessweek.com

Mortgage Rates Drop; Investors Applaud Freddie, Fannie Rescue
wall street staged its biggest rally in a month monday as stock investors bet that the government's move to seize and backstop the usa's two largest mortgage finance companies will help stabilize the housing market, thaw credit markets and boost the ailing economy.
www.usatoday.com

Peer-to-peer Lending Networks Connect Lenders And Borrowers On-line
climbing interest rates and tightening credit standards are making it harder to secure a loan, leaving many consumers to find alternate borrowing plans.
www.nbcaugusta.com

Global Markets-asia Stocks Fall As Credit Crisis Fears Persist - Guardian Unlimited
hong kong, sept 9 (reuters) - asian stocks fell and government bonds rose on tuesday in a sobering realisation the u.s. takeover of fannie mae and freddie mac has addressed some risks stemming from the financial crisis but has not solved it. large ...
www.guardian.co.uk

Jubilation Fades After Takeover Of Mortgage Lenders - International Herald Tribune
hong kong : asian stocks fell and government bonds rose on tuesday in a sobering realization the u.s. takeover of fannie mae and freddie mac has addressed some risks stemming from the financial crisis but has not solved it. large bank shares ...
www.iht.com

Credit Crunch, Wild Weather Hurting Insurers
severe weather and the global credit crisis appear to have hit the bottom line of australian insurers.
www.abc.net.au

Consumers Having Credit Limits Lowered Without Notice
san francisco, ca. - if you are planning to use your credit card to make a big purchase, you may want to check your card’s line of credit before you pull out the plastic.
www.seacoastonline.com

On The Money Dictionary: Monday, Sept. 8 - Cnbc
three c's: credit, capacity, collateral – the three main things lenders are looking for. good mortgages require good credit (a score of 760 or higher will get you the best interest rate). you also need capacity, meaning proof that you can pay back ...
www.cnbc.com

Bank Hikes Hit Mortgage Demand - News.com.au
the number of loans taken out by home buyers fell in july, after the big commercial banks raised their variable mortgage rates independently of the central bank. economists said while buyers would have been deterred by those moves, they also may have ...
www.news.com.au

Treasury Extends Secured Credit Line To Federal Home Loan Banks
sept. 7 (bloomberg) -- the u.s. treasury extended a secured credit facility to the federal home loan banks, the government- chartered cooperatives, allowing them to borrow through the end of next year.
www.bloomberg.com

Mortgage Rates Tumble On Fannie-freddie News
financial markets around the world reacted favorably to the u.s. government's plan to take over fannie mae and freddie mac. in the united states, the move sent interest rates down, raising hopes in the real estate industry that prospective buyers may be ready to enter the housing market.
www.npr.org

Mortgage Rescue Gives Hope To Credit, Housing Markets - Globe And Mail
washington — the u.s. government has seized control of giant mortgage lenders fannie mae and freddie mac , warning that letting them fail would have caused cascading financial chaos, wiping out vast swaths of household wealth and blocking millions ...
www.theglobeandmail.com

Guy Carpenter Publishes Annual Review Of Global Catastrophe ... - Forbes
guy carpenter & company, llc, the leading global risk and reinsurance specialist, today announced the publication of world catastrophe reinsurance market in 2008, its annual study of the global property catastrophe reinsurance market. the report ...
www.forbes.com

Mortgage Rates Down After Takeover
mortgage rates declined nearly a half percentage point the day after the government took over fannie mae and freddie mac.
biz.yahoo.com

Pay Off Truck, Or Credit Card Debt?
a man wonders whether to pay off his truck or credit card debt. the debt adviser offers his opinion.
feeds.foxbusiness.com

Us Mortage Bailout Faces Tough Deadline To End Crisis - Guardian Unlimited
new york/london, sept 8 (reuters) - the u.s. government bailout of fannie mae and freddie mac has the potential to break the vicious circle prolonging the year-old global credit crunch, but there is a tight 15-month deadline for the plan to work. few ...
www.guardian.co.uk

Financially Stressed? 5 Smart Money Tips - Msnbc
a: a secured card can be a good way to get back on your feet. let me just explain what it is. a secured card is a credit card tied to a savings account. you fund that savings account with, generally $300 to $500 and that becomes your line of credit ...
www.msnbc.msn.com

Japanese Yen Rises As Credit-loss Concern Curbs Carry Trades
sept. 9 (bloomberg) -- the yen rose against the euro for a second day and advanced versus the dollar on speculation credit- market losses will widen, prompting investors to pare holdings of higher-yielding assets funded with japan's currency.
www.bloomberg.com

Central States Acquires $300 Million Credit Line
indianapolis » periculum capital co. of indianapolis has given a $300 million line of credit to grain merchandiser central states enterprises. the new credit was needed because rising prices for grain strained central states' bank credit lines, periculum said. based in florida, central states has three corn and soybean terminals in indiana. (star report)
www.indystar.com

Transcript: Pearlstein: Government Takes Control Of Fannie Mae And ... - Washington Post
on sunday morning, the treasury department and federal housing finance agency announced that the fhfa will become a conservator of the two publicly traded firms. about pearlstein: steven pearlstein writes about business and the economy for the ...
www.washingtonpost.com