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Fannie Mae, Freddie Mac Shares Plummet - MSNBC
NEW YORK -- Shares of Fannie Mae and Freddie Mac lost more than a quarter of their value on Wednesday as fears mounted that the mortgage financiers will soon need government support and any bailout would hang stockholders out to dry. Since Monday ...

Mortgage Rates for Best Borrowers Rise as Home-Loan Bonds Slump - Bloomberg
Aug. 21 (Bloomberg) -- A decline in mortgage bond prices is raising interest rates on U.S. home loans, even for borrowers least prone to default. Rates on average 30-year fixed mortgages rose to 6.37 percent this week, about the highest in six years ...

Fannie, Freddie shares stabilize after losing half their value on ... - Baltimore Sun
WASHINGTON (AP) _ Shares of troubled mortgage finance companies Fannie Mae and Freddie Mac stabilized Thursday in late morning trading, reversing three days of double-digit declines. Shares of the two companies — which together hold or guarantee ...

Fannie, Freddie shares keep falling - Washington Post
Resize WASHINGTON -- Shares of troubled mortgage finance companies Fannie Mae and Freddie Mac continued their freefall Thursday, as market expectations grew that the government would intervene and eliminate common stockholders' investment. Shares of ...

Preferred stockholders jittery about Fannie, Freddie - Austin American-Statesman
WASHINGTON — A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions of dollars in preferred shares in the mortgage finance giants. Speculation has been building ...

FirstFed Financial, Jack Henry, OfficeMax: U.S. Equity Movers - Bloomberg
Aug. 20 (Bloomberg) -- The following companies are having unusual price changes in U.S. markets. Stock symbols are in parentheses, and prices are as of 12:25 p.m. in New York. Aluminum Corp. of China (ACH US) rose 5.3 percent, the most since July 16 ...

2 officers charged with taking $92k from Pa. FOP - Times-Leader
Two police officers are charged with stealing more than $90,000 from a police group they helped run in suburban Philadelphia. Prosecutors say they've charged 42-year-old Katherine Leese of Langhorne, a police officer in Falls Township, with diverting ...

U.S. slides as mortgage lenders plunge - International Herald Tribune
NEW YORK : U.S. stocks dropped Wednesday for a third day as speculation grew that government will take over Fannie Mae and Freddie Mac, and oil's climb to a two-week high sent airlines and consumer shares falling. Fannie Mae and Freddie Mac, the ...

Shares in mortgage giants plummet - Baltimore Sun
NEW YORK - Shares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders ...

Stocks Lower on Financial Fear, Oil Surge - BusinessWeek
U.S. equities were trading lower in a volatile session Thursday on heightened fears of further turmoil in financial markets and a surge in oil prices back above $120 a barrel due to geopolitical tensions and supply concerns. Higher oil prices were ...

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