News Topic - Freddie Mac
Articles 31 - 40 of most recent articles
Paulson: Mortgage Giants' Takeover Key For Economy
The federal takeover of Fannie Mae and Freddie Mac is aimed at preventing a "serious risk to the financial system," which is "critical to our overall economy," Treasury Secretary Henry Paulson tells NPR. The Bush administration on Sunday said it was taking over Fannie Mae and Freddie Mac, the troubled mortgage companies that play a key role in the U.S. housing industry.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in U.S. News
The federal takeover of Fannie Mae and Freddie Mac is aimed at preventing a "serious risk to the financial system," which is "critical to our overall economy," Treasury Secretary Henry Paulson tells NPR. The Bush administration on Sunday said it was taking over Fannie Mae and Freddie Mac, the troubled mortgage companies that play a key role in the U.S. housing industry.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in U.S. News
Fannie, Freddie News Boosts Asian Markets
The bailout of Fannie Mae and Freddie Mac was good news for Asian markets — they surged the most in seven months. Analysts say the government takeover removed the uncertainty stalking the markets and renewed investor confidence.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
The bailout of Fannie Mae and Freddie Mac was good news for Asian markets — they surged the most in seven months. Analysts say the government takeover removed the uncertainty stalking the markets and renewed investor confidence.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
Timing, Scope Of The Fannie-Freddie Takeover
The Bush administration Sunday seized the two housing lenders that together own or guarantee about half the nation's home loans. David Wessel, economics editor of The Wall Street Journal, talks with Renee Montagne about the timing and scope of the federal government's takeover of Fannie Mae and Freddie Mac.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
The Bush administration Sunday seized the two housing lenders that together own or guarantee about half the nation's home loans. David Wessel, economics editor of The Wall Street Journal, talks with Renee Montagne about the timing and scope of the federal government's takeover of Fannie Mae and Freddie Mac.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
Fannie, Freddie And America's Role In Global Economy
China is the largest purchaser of the debt of mortgage giants, Fannie Mae and Freddie Mac. Both the United States and China depend on the companies for economic survival.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
China is the largest purchaser of the debt of mortgage giants, Fannie Mae and Freddie Mac. Both the United States and China depend on the companies for economic survival.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Business
Treasury Department To Help Bolster Fannie, Freddie
The federal government Sunday took control of Fannie Mae and Freddie Mac in order to stabilize the housing market and end questions about the firms finances. The Treasury Department is expected to provide billions of dollars to shore up the beleaguered mortgage giants. It's also placing the companies into conservatorship and replacing their CEOs and boards of directors.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Top Stories
The federal government Sunday took control of Fannie Mae and Freddie Mac in order to stabilize the housing market and end questions about the firms finances. The Treasury Department is expected to provide billions of dollars to shore up the beleaguered mortgage giants. It's also placing the companies into conservatorship and replacing their CEOs and boards of directors.
NPR.org – 2 hours, 46 minutes ago ¦ comment?
found in Top Stories
FTSE leaps on US mortgage bailoutAFP - The FTSE 100 was higher on Monday mirroring a surge across the global markets a day after US government grabbed control of ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a world financial crisis, dealers said.
Yahoo! – 2 hours, 46 minutes ago ¦ comment?
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Wall Street may cheer Fannie, Freddie bailoutAP - Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide.
Yahoo! – 2 hours, 51 minutes ago ¦ comment?
found in Business: Markets
Currencies: Dollar mixed, Treasurys tumble on Fannie, Freddie bailout
The U.S. government’s massive rescue of troubled mortgage giants Fannie Mae and Freddie Mac put the U.S. dollar and government bonds under pressure Monday as traders reversed out of safe-haven plays, triggering a sharp rally in global equity markets.
MarketWatch.com – 2 hours, 54 minutes ago ¦ comment?
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The U.S. government’s massive rescue of troubled mortgage giants Fannie Mae and Freddie Mac put the U.S. dollar and government bonds under pressure Monday as traders reversed out of safe-haven plays, triggering a sharp rally in global equity markets.
MarketWatch.com – 2 hours, 54 minutes ago ¦ comment?
found in Business
GSE plan limits risk for E.U. lenders, but write-backs unlikely
The U.S. government’s move to rescue Fannie Mae and Freddie Mac could help limit the risks faced by European firms with exposure to U.S. mortgages and bank debt, but it’s still too early to expect recent losses will turn into write-backs, analysts said Monday.
MarketWatch.com – 3 hours, 2 minutes ago ¦ comment?
found in Business
The U.S. government’s move to rescue Fannie Mae and Freddie Mac could help limit the risks faced by European firms with exposure to U.S. mortgages and bank debt, but it’s still too early to expect recent losses will turn into write-backs, analysts said Monday.
MarketWatch.com – 3 hours, 2 minutes ago ¦ comment?
found in Business
Why feds are seizing two lenders
WASHINGTON — President Bush said Sunday that the historic federal government takeover of mortgage giants Fannie Mae and Freddie Mac is needed to keep them from failing, a risk he called "unacceptable” for an economy battered by housing and credit crises.The Bush administration announced Sunday it was taking control of the two institutions to avert the potential for major financial turmoil. The move won support from both presidential campaigns, but private analysts worried that it may not be enough to stabilize the slumping housing market given the glut of vacant homes for sale, rising foreclosures, rising unemployment and weak consumer confidence.read more
NewsOK.com – 3 hours, 6 minutes ago ¦ comment?
found in Local: Oklahoma: Oklahoma City
WASHINGTON — President Bush said Sunday that the historic federal government takeover of mortgage giants Fannie Mae and Freddie Mac is needed to keep them from failing, a risk he called "unacceptable” for an economy battered by housing and credit crises.The Bush administration announced Sunday it was taking control of the two institutions to avert the potential for major financial turmoil. The move won support from both presidential campaigns, but private analysts worried that it may not be enough to stabilize the slumping housing market given the glut of vacant homes for sale, rising foreclosures, rising unemployment and weak consumer confidence.read more
NewsOK.com – 3 hours, 6 minutes ago ¦ comment?
found in Local: Oklahoma: Oklahoma City