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News about Mortgages:
Fannie, Freddie Capital Concerns Prompt Paulson Plan (Update1) - BloombergSept. 7 (Bloomberg) -- Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their capital, according to people ...
Home calendar - Detroit Free PressReal Estate Investors Assoc.: Greg Cesar will speak on how to market homes and businesses using online and offline classified advertising, 5:30-7:15 p.m. Thu. at the MSU Management Education Center, 811 W. Square Lake in Troy. $20 for nonmembers ...
Fed's Yellen-jobless jump underlines economy's risks - ForbesLOS ANGELES, Sept 5 (Reuters) - San Francisco Federal Reserve Bank President Janet Yellen said on Friday that an unexpected jump in the August U.S. unemployment rate highlights the risk of a vicious cycle of weakness locking into place for the U.S ...
UPDATE 1-Fed's Yellen-jobless jump shows economy's risks - ForbesLOS ANGELES, Sept 5 (Reuters) - San Francisco Federal Reserve Bank President Janet Yellen said on Friday that an unexpected jump in the August unemployment rate highlights the risk of a vicious cycle of weakness locking into place for the U.S ...
Washington to stabilize mortgage giants - Edmonton SunWASHINGTON -- A top House Democrat confirmed yesterday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac. Representative Barney Frank (D-Mass.), the chairman of the house ...
Freddie-Fannie bailout just the start of 'once-in-a-century crisis' - Salt Lake TribuneThe federal bailout of Fannie Mae and Freddie Mac raises scores of questions, fanning the fires of uncertainty that engulf the financial markets. Two Salt Lake City-based finance experts mostly agree the move is necessary - and should rescue interest ...
Mortgage industry takes a healthy step back in its practices - Arlington Heights Daily HeraldThe mortgage industry is going through a long-overdue correction and that is good news for consumers and the country, according to Bob Shield, senior vice president of retail lending for WestAmerica Mortgage Co., a subsidiary of WinTrust Financial, a ...
Mortgage crisis a worry - Press RepublicanPLATTSBURGH -- The subprime mortgage crisis has struck a glancing blow at the North Country, nudging down home values and requiring that borrowers "get more skin in the game." If the storm can be weathered, however, the silver lining may be that ...
The simple life pays dividends - Miami HeraldKeri Rainsberger isn't rich. She works in the nonprofit world for a relatively low-profit salary. Yet, as many Americans are scrimping for every penny, she hardly feels the pinch. She still tithes 10 percent of her income to her church, even as other ...
Businesses hope for a full lake - Wisconsin Dells EventsFor tourists, the draining of Lake Delton wasn't a life-altering, close-to-home catastrophe. They could call from their hometowns in Illinois or Minnesota or Indiana and cancel their summer reservations at local resorts. They could simply wait until ...
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