Home
All|
Business |
Technology |
Environment |
Health & Fitness |
Lifestyle |
Entertainment |
Travel |
Politics & Society |
Sports |
RSS
US Home loan crises have inundates many central banks profit, so how mortgage finance companies can escape from it.
Freddie Mac, the second-biggest U.S. mortgage finance company, second-quarter profit fell 45%. Company’s net income dipped to...
Related Stories
Most Recent
Most Popular
Most Commented
6
Stars 
(0)
We have just seen the blood letting on Wall Street, which is likely to continue. In the face of this we have seen Gold go up along with a greater demand for buying and...
made popular Oct 14 2008
AP, Springfield
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep...
made popular Oct 6 2008
AP, Springfield
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. has agreed to modify tens of thousands of loans to keep people in 11 states from losing their...
made popular Oct 6 2008
AP, Akron
Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff’s deputies attempted to...
made popular Oct 5 2008
AP, Washington
Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month.
made popular Oct 2 2008
AP, Washington
The government is kicking off a program that aims to prevent foreclosures by letting an estimated 400,000 troubled homeowners swap their mortgages for more affordable...
made popular Oct 1 2008
AP, Washington
A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday.
made popular Sep 29 2008
AP, Washington
Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets.
made popular Sep 25 2008
AP, Washington
Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was...
made popular Sep 20 2008
AP, New York
Homeowners rushed to take advantage of last week’s drop in interest rates following the government’s takeover of Fannie Mae and Freddie Mac, but rates are...
made popular Sep 17 2008
The International Monetary Fund and the Paris-based Organization for Economic Cooperation have scaled down the growth potential of the USA, the Euro zone and Japan. The...
made popular Sep 14 2008
AP, Washington
Rates on 30-year mortgages dropped sharply this week, falling to the lowest level in five months, as the government’s dramatic takeover of mortgage giants Fannie...
made popular Sep 11 2008
Even in the boom years nonprime mortgage business has failed to take off. This is probably a sad instance for such business. As long as everybody agreed to risky...
made popular Sep 10 2008
You must be aware of the fact that a credit score plays an important part in securing a mortgage but are you aware that a credit score could even affect your chances of...
made popular Sep 9 2008
AP, Washington
Treasury Secretary Henry Paulson said Congress should view the next few months as a “time out” in the highly charged debate over what to do with mortgage...
made popular Sep 9 2008
In case you have been denied credit don’t feel dejected since only you only have the solution for it. Though you cannot really get into a tussle with the credit...
made popular Sep 9 2008
AP, Farmington Hills
Barack Obama objected to reports Monday that the ousted heads of mortgage giants Fannie Mae and Freddie Mac may receive lucrative severance packages and asked the Bush...
made popular Sep 9 2008
AP, Washington
Mortgage rates fell sharply Monday, as investors reacted to the government’s takeover of Fannie Mae and Freddie Mac. And that’s exactly what homeowners like...
made popular Sep 8 2008
AP, Washington
The White House says that the giant federal takeover of troubled mortgage giants Fannie Mae and Freddie Mac could have been prevented if Congress had acted on its...
made popular Sep 8 2008
Sub-prime mortgage market is basically all about lending to persons with limited borrowing history or having not-so-good quality asset. Here, as borrowers cannot submit...
made popular Sep 8 2008
All Stories
Most Recent
Most Popular
Most Commented
The sub-prime loss is all set to plunge the US economy to its worst ever crisis. In a latest review conducted by the ratings agency, Moody, the Wall Street banks have...
made popular Dec 6 2007
Condo owners are feeling the heat due to mortgage crunch. A number of them are finding it difficult to pay off their condo fees. The subprime mortgage debacle is...
made popular Apr 9 2007
You may have observed this, you apply for a new home loan from a local mortgage company and on the very next day you start getting calls from out of state lenders that...
made popular Oct 9 2006
Motley fool gives an elaborate idea on considering a few things before going for a big loan for buying a house. The tips include determining the amount that you can...
made popular Mar 21 2006
Related Tags
Ambac Business Chris Whalen fannie mae Foreclosure Freddie Mac ground floor Gym Institutional Risk Analytics MBIA Moody mortgage mortgage bond moving furniture Personal Finance SBI Sub-prime crisis Swimming Pool unsolicited loan Wall Street banks 