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Wall Street Shrinks From Competing With Fannie Mae, Freddie Mac - BloombergJuly 24 (Bloomberg) -- Bobby Joe Cooper says she ``kicks herself every day'' for not using a Fannie Mae or Freddie Mac mortgage when she refinanced her Terre Haute, Indiana, home three years ago. Instead, the 29-year-old mother of three borrowed $55 ...
All types of mortgages see rate increases - Lexington Herald-LeaderMortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie Mac. Freddie Mac reported Thursday that its ...
The slump persists: Home sales tumble across US - Lexington Herald-LeaderA pedestrian walks past a house bearing a lender foreclosure sign, Thursday, July 24, 2008, in Shaker Heights, Ohio. Sales of existing homes fell more sharply than expected in June as the housing industry continued to be bruised by the worst slump in ...
Jobless claims jump as housing market gets weaker - Miami HeraldWASHINGTON Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. The bleak reports underscored the self-reinforcing ...
Weak June for housing - Cincinnati.comJune delivered another month of sour news for the region’s housing market as homes sales tumbled and prices fell on both sides of the river, according to reports out today from local boards of Realtors. In Greater Cincinnati, sales have increased ...
Edwards: The Agony of the MSM - SlateNibbling at the edges of the MSM: Imus laments that the Edwards L.C. story is "starting to become news." ... And there's always the late-night comics' rabbithhole into public consciousness . ... But the MSM wants photos Dallas Morning News' Rod ...
Foreclosure rescue could boost housing - Miami HeraldU.S. House leaders Wednesday approved a colossal housing package that allows the federal government to back up to $300 billion in refinanced loans for at-risk borrowers, a measure that could save thousands of South Florida homeowners from foreclosure ...
Fannie, Freddie Rise After Lawmakers Agree on Bill (Update5) - BloombergJuly 23 (Bloomberg) -- Fannie Mae and Freddie Mac extended their weeklong recovery after U.S. lawmakers reached a deal on legislation that authorizes Treasury Secretary Henry Paulson to bail out the mortgage-finance providers while placing few ...
National City Reports Second Quarter 2008 Results - MSN MoneyCentralNational City Corporation NCC reported a net loss for the second quarter of 2008 of $1.8 billion , compared to a net loss of $171 million in the first quarter of 2008, and net income of $347 million in the second quarter a year ago. The net loss was ...
City Holding Company Announces Record Quarterly Diluted Earnings Per ... - MSN MoneyCentralCHARLESTON, W.Va. , July 23 /PRNewswire-FirstCall/ -- City Holding Company, "the Company" CHCO , a $2.5 billion bank holding company headquartered in Charleston , today announced record net income per diluted share for the second quarter of $0.83 ...
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