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What the Takeover Means for Your Mortgage - Washington Post
A The government takeover is expected to push mortgages rates down. District-based Fannie Mae and Freddie Mac of McLean do not set mortgage interest rates, but they hold significant sway over the market. The firms buy mortgage loans and sell them to ...

To Investors, Freddie's Cushion Was Thin - Washington Post
Freddie Mac , which has lost more than 90 percent of its stock value since last fall, has repeatedly tried to dampen talk of a government bailout by highlighting the amount of capital it has on hand to weather problems. A presentation by top ...

Fannie Mae and Freddie Mac takeovers hits home - New York Daily News
Freddie Mac, with headquarters in McLean, Va., and sister mortgage giant Fannie Mae now have a new boss: the federal government. In its most drastic attempt yet to shore up the collapsing housing market, the government officially took control of ...

Mortgage Rates May Fall After Fannie, Freddie Rescue (Update1) - Bloomberg
Sept. 9 (Bloomberg) -- The U.S. government takeover of Fannie Mae and Freddie Mac on Sept. 7 may provide relief for homeowners who want to refinance mortgages and prospective buyers shopping for a loan. The U.S. average 30-year fixed rate fell today ...

Freddie Mac, Fannie Mae Bailout Lowers Mortgage Rates (Update1) - Bloomberg
Sept. 8 (Bloomberg) -- U.S. fixed mortgage rates dropped about a quarter of a percentage point this morning after Treasury Secretary Henry Paulson announced the federal takeover of Fannie Mae and Freddie Mac. It may be the beginning of a trend. Keith ...

US Government takes over mortgage giants - MLive.com
AP Photo Freddie Mac Corporate Office are seen in McLean, Va. The Bush administration, acting to avert the potential for major financial turmoil, on Sunday announced that the federal government was taking control of mortgage giants Fannie Mae and ...

Ahead of the Bell: Mortgage Giants - Boston Globe
WASHINGTON— The new leaders of mortgage finance companies Fannie Mae and Freddie Mac are scheduled to make their initial appearance on Capitol Hill to detail management plans for the companies now under government control. Fannie and Freddie were ...

HORROR HOUSE - New York Post
Mortgage finance giant Freddie Mac's massive $2 billion loss yesterday is forcing the once mighty company to seek a cash infusion to shore up its balance sheet. Lehman Brothers and Goldman Sachs have been hired to raise up to $10 billion in added ...

Don't get caught losing your home and retirement fund - Chicago Tribune
Plenty of options are available to try before dipping into your 401(k). Contact your lender or loan servicer at the first hint of trouble. Cut your spending -- drop cable, the gym membership and, yes, quit smoking. Take a second job. Borrow from ...

FBI probing Fannie, Freddie, AIG, Lehman: report - Portland Tribune
The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington, September 8, 2008. REUTERS/Jason Reed WASHINGTON (Reuters) - The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc. and insurer ...

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