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Mortgage Rates Decline Again
Home-mortgage rates dropped again this week, prompted by more indications of weakness in the economy, Freddie Mac's chief economist said.
Wall Street Journal  –  Nov 14, 2008 02:29 AM [GMT]  –  comment?
found in Business: Markets
Photo from Yahoo! GSE chief says mortgage aid plan should be model
Reuters - U.S. mortgage finance companies should soon adopt a foreclosure prevention plan developed by Fannie Mae and Freddie Mac to ease loan terms for troubled borrowers, the companies' overseer said on Thursday.
Yahoo!  –  Nov 13, 2008 11:51 PM [GMT]  –  comment?
found in Business
Federal deficit balloons on bailout costs
WASHINGTON (MarketWatch) - The U.S. federal government deficit soared in October to a record $237.2 billion, as the government invested more than $136 billion in various bank bailout programs, the Treasury reported Thursday. Excluding the $21.5 billion investment in Fannie Mae and Freddie Mac, and t ... more »
MarketWatch.com  –  Nov 13, 2008 7:01 PM [GMT]  –  comment?
found in Business: Markets
Fannie, Freddie Debt Weakens Again
Risk premiums on debt securities issued by mortgage giants Fannie Mae and Freddie Mac took a turn for the worse amid continued uncertainty about the fate of the twin mortgage giants.
Wall Street Journal  –  Nov 13, 2008 5:30 PM [GMT]  –  comment?
found in Business: Markets
Mortgages: Fixed-rate mortgages drop for second week
Mortgage rates dropped again this week, prompted by more indications of weakness in the economy, Freddie Mac’s chief economist said on Thursday.
MarketWatch.com  –  Nov 13, 2008 3:51 PM [GMT]  –  comment?
found in Business: Personal Finance
Freddie Mac: 30-year fixed rate mortgage average falls
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Thursday that the 30-year fixed-rate mortgage average fell from a week ago on signs of a weak economy. The average was 6.14% with an average 0.7 point for the week ending Nov. 13, down from 6.2% last week. A year ago, the average was 6.24%. "Long- ... more »
MarketWatch.com  –  Nov 13, 2008 3:12 PM [GMT]  –  comment?
found in Business: Markets
Local Experts Weigh in on Government Bailouts
From Fannie Mae to Freddie Mac... who wins and who loses?
WIFR.com  –  Nov 13, 2008 12:52 AM [GMT]  –  comment?
found in Local: Illinois: Rockford
New bailout focus: how to fight foreclosures
The government will help homeowners restructure shaky mortgages financed by Fannie Mae and Freddie Mac, but partisan debate looms over how to keep up the aid.
The Christian Science Monitor  –  Nov 12, 2008 10:36 PM [GMT]  –  comment?
found in Top Stories
Government announcing new loan aid effort for homeowners
The government and the mortgage industry have unveiled a sweeping effort to help homeowners renegotiate delinquent loans that were held by Fannie Mae and Freddie Mac.
WAFB.com  –  Nov 12, 2008 2:30 PM [GMT]  –  comment?
found in Local: Louisiana: Baton Rouge
Photo from New York Post Let's Have A Redo
Fannie Mae and Freddie Mac yesterday were called upon to stage a massive rescue of "Joe the Homeowner," less than two months after the two companies clinched a lifeline of their own. Federal Housing Finance Agency Director James Lockhart yesterday...
New York Post  –  Nov 12, 2008 09:53 AM [GMT]  –  comment?
found in Business