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Fannie, Freddie Slump on Concern Bailout Is Likely (Update1) (Bloomberg.com)
Aug. 20 (Bloomberg) -- Fannie Mae and Freddie Mac tumbled in New York trading to the lowest valuations since at least 1990 as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders.
Wed, 20 Aug 2008 17:48:26 GMT.
Stocks tumble on Fannie, Freddie worries (Washington Post)
NEW YORK (Reuters) - U.S. stocks sank on Monday as the prospect of more losses from the mortgage crisis hurt the shares of banks and the two biggest home finance providers, pushing all three major indexes down about 1.5 percent.
Wed, 20 Aug 2008 13:53:57 GMT.
National Digest (The Capital)
NEW YORK - Mortgage application volume fell last week to its lowest levels in nearly eight years, the Mortgage Bankers Association said today. The fall in application volume is the latest sign of a struggling housing market.
Wed, 20 Aug 2008 17:58:40 GMT.
Brighton's Premium Mortgage Corp. growing in a shrinking industry (Rochester Democrat and Chronicle)
Mike Donoghue talks about Premium Mortgage Corp.
Mon, 18 Aug 2008 07:13:25 GMT.
AP Financial NewsBrief at 6:40 a.m. EDT (INO News)
NEW YORK (AP) _ As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two companies.
Wed, 20 Aug 2008 11:01:41 GMT.
AP Executive Morning Briefing (Lexington Herald-Leader)
The top business news from The Associated Press for the morning of Wednesday, Aug. 20, 2008: Fannie, Freddie capital raising options uncertain NEW YORK (AP) - As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two ...
Wed, 20 Aug 2008 10:52:34 GMT.
Fannie, Freddie worries cause stocks to swoon (Reuters via Yahoo! News)
Stocks tumbled on Monday as uneasiness about the prospect of more losses from the mortgage crisis bruised shares of banks and the two big U.S. home finance companies.
Mon, 18 Aug 2008 18:13:11 GMT.
Fannie, Freddie Bailouts May Hinge on Debt Rollover (Update3) (Bloomberg.com)
Aug. 20 (Bloomberg) -- Fannie Mae and Freddie Mac 's success in repaying $223 billion of bonds due by the end of the quarter may determine whether they can avoid a federal bailout.
Wed, 20 Aug 2008 14:03:20 GMT.
Financial shares roil Wall St on credit worry (Reuters via Yahoo! News)
Stocks fell on Monday as investors fretted about the prospect of more losses from the mortgage crisis, sending shares of the two big U.S. home finance providers and other financial companies lower.
Mon, 18 Aug 2008 14:55:11 GMT.
AP Executive Morning Briefing (AP via Yahoo! Finance)
The top business news from The Associated Press for the morning of Wednesday, Aug. 20, 2008: Fannie, Freddie capital raising options uncertain
Wed, 20 Aug 2008 09:10:31 GMT.