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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Fannie Mae

Fannie Mae stories: 125 news summaries

121 - 125 of 125 Stories | << Prev 1 ... 3 4 5 6 7

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Smaller Lenders Feel the Credit Squeeze

Boutique banks on the edge as liquidity crisis wears on

Aug 15, 07 11:03 AM CDT
(Newser) - As the subprime fallout continues and the credit squeeze tightens, thousands of smaller-scale mortgage banks find themselves in dire straits. The Wall Street Journal reports that small- and medium-sized lenders, even those with excellent credit quality, are suspending funding and laying off employees, which leaves giant corporations to grab more... More »

MORE ABOUT:
subprime mortgages • mortgage • loans • bank • Freddie Mac • Fannie Mae • liquidity • credit • Thornburg Mortgage • mortgage lender

Biggest Buyers Hit Hard in Mortgage Fiasco

‘Jumbo’ loans dry up
as subprime mess continues to spread

Aug 12, 07 11:50 AM CDT
(Newser) - As the subprime mortgage mess spreads to homeowners beyond those with poor credit ratings, jumbo mortgages are under particular pressure, the New York Times reports. An investment banker recently purchasing a $1.5 million home saw the interest rate spike from 8% to 13% in just three days. The rate... More »

MORE ABOUT:
subprime mortgages • mortgage • loans • Freddie Mac • home loans • Fannie Mae • investment bankers • homeowners

Bush Ready to 'Push Hard' for Biz Tax Breaks

But he knows it's
a tough sell

Aug 9, 07 7:04 AM CDT
(Newser) - President Bush is considering a new package of corporate tax breaks in a bid to perk up Wall Street, calm volatile markets and send a message the economy is sound, the Washington Post reports. At the same time he rejected Democratic proposals to allow Fannie Mae and Freddie Mac more... More »

MORE ABOUT:
taxes • Henry Paulson • business • Freddie Mac • Fannie Mae • Treasury Department • Federal Housing Administration • corporate tax • George W. Bush

Techs Surge Despite Late Drop

Nasdaq up more than 2%

Aug 8, 07 4:46 PM CDT
(Newser) - The major indexes were up again today, buoyed by the tech sector as the Nasdaq gained 51.38—more than 2%—to close at 2612.98. Losses just before the bell came close to erasing earlier gains, as rumors amplified that Goldman Sachs would liquidate a major fund and that... More »

MORE ABOUT:
stock market • Goldman Sachs • subprime mortgages • Bear Stearns • Freddie Mac • Fannie Mae • Cisco • Countrywide Financial

Mortgage Crisis Hits Affluent Buyers, Too

Even borrowers with excellent credit
are now facing higher rates

Aug 7, 07 5:48 AM CDT
(Newser) - Mortgage tremors have rippled so far across the home loan market that even buyers of high-priced homes with good credit records are now being squeezed, the Wall Street Journal reports. Rates have surged on loans above $417,000 for prime borrowers—to 7.34% for a 30-year fixed-rate mortgage, up... More »

MORE ABOUT:
real estate • subprime mortgages • Bear Stearns • mortgage • loans • hedge fund • houses • home loans • Fannie Mae • borrowers

121 - 125 of 125 Stories | << Prev 1 ... 3 4 5 6 7


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