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Fannie Mae's chief business officer to leave - Reuters
NEW YORK (Reuters) - Less than two weeks after the U.S. government bailout of Fannie Mae, several leaders are leaving the company, including Peter Niculescu, promoted less than a month ago to become the mortgage giant's chief business officer. Also ...

UPDATE 1-Fannie Mae's chief business officer to leave - Reuters
NEW YORK, Sept 19 (Reuters) - Less than two weeks after the U.S. government bailout of Fannie Mae (FNM.N: Quote , Profile , Research , Stock Buzz ), several leaders are leaving the company, including Peter Niculescu, promoted less than a month ago to ...

MORTGAGE FINANCE: 4 Fannie Executives Quit Pay Revamped - Washington Post
Fannie Mae yesterday shuffled its senior executive ranks and revamped its compensation practices as its government-appointed chief executive, Herbert Allison, began to put his imprint on the company. The District-based company said Chief Business ...

Subscriber Log In - Wall Street Journal
Remember me Forgot your password? Several top Fannie Mae executives are leaving the company two weeks after regulators swooped in to take management control of the mortgage company and its main rival, Freddie Mac . The people leaving Fannie Mae ...

4 Fannie Mae senior execs resign - CNN Money
WASHINGTON (AP) -- 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 restructuring its organization. The company, the biggest buyer and ...

Resignations, restructuring at Fannie Mae - Houston Chronicle
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 restructuring its organization. The company, the biggest buyer and ...

Detroit 'set me up for a comeback' - Detroit News
Detroit 'set me up for a comeback' In exit speech, mayor says he will lead again Mike Wilkinson / The Detroit News DETROIT-- Let there be no doubt: Kwame Kilpatrick intends to return. On a day when his childhood dreams of being mayor ended with ...

Should government help car makers? - Marketplace.publicradio.org
Scott Jagow: I told you yesterday that carmakers were looking for some help from Congress -- low-interest loans. The CEO of Ford said Detroit is not looking for a bailout, ghat being a loaded term these days, and all. Commentator Will Wilkinson says ...

Fuld To Show His Hand - Forbes
A torrent of negative sentiment appears to have forced Lehman Brothers to take action. The struggling investment bank said late Tuesday that it would announce a raft of strategic initiatives early Wednesday and release its quarterly results, a week ...

Study ranks Canada economically freer - Marketplace.publicradio.org
Renita Jablonski: While Congress debates the shape of the mother of all government bailouts, Commentator Will Wilkinson says the U.S. is already facing stiff competition as the world's bastion of free markets. Wilkinson says the challenger is a lot ...

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Today's Mortgage Terms starting with G

  • Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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