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House OKs rescue for homeowners, Freddie, Fannie (AP)
AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
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House OKs Housing Bill, Boosts Fannie, Freddie
President Bush dropped opposition to legislation aimed at helping homeowners avoid foreclosure, prevent troubled mortgage giants from collapsing.
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House passes sweeping mortgage rescue
The House voted 272-152 to pass sweeping legislation that will offer up to $300 billion in aid to troubled homeowners and throw government support behind mortgage giants Fannie Mae and Freddie Mac. The nearly 700-page bill will now go to the Senate, CNNMoney.com reports. Earlier in the day, Presiden
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Paulson `Very Optimistic' on Freddie, Fannie Rescue - Bloomberg
Washington PostPaulson `Very Optimistic' on Freddie, Fannie RescueBloomberg - 2 hours agoBy John Brinsley July 20 (Bloomberg) -- Treasury Secretary Henry Paulson predicted the Bush administration will prevail in its effort to convince Congress to pass legislation that w
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Fannie, Freddie rescue gets big price tag as House vote looms
WASHINGTON (Reuters) - A Bush administration plan to bolster Fannie Mae and Freddie Mac could cost U.S. taxpayers $25 billion, congressional analysts said on Tuesday in a report that triggered debate as Congress moved toward approving a major housing market rescue package.
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Fannie, Freddie rescue gets big price tag as House vote looms (Reuters)
Reuters - A Bush administration plan to bolster Fannie Mae and Freddie Mac could cost U.S. taxpayers $25 billion, congressional analysts said on Tuesday in a report that triggered debate as Congress moved toward approving a major housing market rescue package.
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House likely to modify Fannie, Freddie rescue
The House is likely next week to take up a Bush administration proposal to empower the Treasury to back up embattled mortgage giants Fannie Mae and Freddie Mac.
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Pimco's Gross Says US Will Rescue Fannie, Freddie (Update2) - Bloomberg
ABC NewsPimco's Gross Says US Will Rescue Fannie, Freddie (Update2)Bloomberg - 1 hour agoBy Kathleen Hays and Shannon D. Harrington Aug. 6 (Bloomberg) -- Bill Gross, who manages the world's biggest bond fund, said the US Treasury will probably be forced to buy as much a
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How housing rescue bill can help you
The Senate on Saturday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.
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Paulson Says No Plan Afoot to Rescue Mortgage Agencies - New York Times
AFPPaulson Says No Plan Afoot to Rescue Mortgage AgenciesNew York Times - 52 minutes agoBy BLOOMBERG NEWS The Treasury secretary, Henry M. Paulson Jr., said Sunday there are no plans to use his new authority to inject capital into mortgage companies Fannie Mae and Fred
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Fannie Proposes Ban on Lenders' In-House Appraisers (Update1) - Bloomberg
Fannie Proposes Ban on Lenders' In-House Appraisers (Update1)Bloomberg - 2 hours agoBy Karen Freifeld and Sharon L. Lynch Feb. 27 (Bloomberg) -- Fannie Mae, the biggest source of financing for US home loans, told lenders it will probably ban their use of appraisals by in-h
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Fannie, Freddie shares slump for third day - MarketWatch
ABC NewsFannie, Freddie shares slump for third dayMarketWatch - 38 minutes agoBy Robert Schroeder, MarketWatch WASHINGTON (MarketWatch) -- Shares of Fannie Mae and Freddie Mac dropped for a third day Wednesday, deepening a slide begun Monday on fears that the two mortga
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Fannie, Freddie plunge on rescue report
The pounding of Fannie Mae and Freddie Mac continued Thursday, reflecting concerns about their solvency - and raising fresh anxieties about the impact their collapse would have on the U.S. housing market and broad economy.
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Feds plan to rescue Fannie Mae, Freddie Mac
The Treasury Department and Federal Reserve on Sunday outlined a comprehensive government plan to prop up Fannie Mae and Freddie Mac, the two mortgage finance giants that play a crucial role in the U.S. economy. The two companies own or back $5 trillion in home mortgages.
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Cost of Fannie, Freddie rescue - $25B
The Congressional Budget Office on Tuesday estimated that a government plan to stabilize mortgage giants Fannie Mae and Freddie Mac could cost government coffers an average of $25 billion.
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Fannie, Freddie rescue won't end housing woes
The federal government's takeover of Fannie Mae and Freddie Mac may save the battered real estate market from a complete meltdown. But financial experts say the bailout won't lead to a housing recovery just yet.
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Fannie and Freddie to boost mortgage market - Financial Times
KCBY.com 11Fannie and Freddie to boost mortgage marketFinancial Times - 1 hour agoBy Saskia Scholtes in New York Fannie Mae and Freddie Mac, the government-chartered mortgage financiers, yesterday received the go-ahead from their regulator to pump as much as $200bn of
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Data Bank Fannie and Freddie Skid, and Markets Slide - New York Times
Data Bank Fannie and Freddie Skid, and Markets SlideNew York Times - 40 minutes agoBy JEFF SOMMER Concern about the stability of Fannie Mae and Freddie Mac, the two mortgage-lending giants, weighed on the markets and sent stocks down again last week.Ripple Effects From
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Fannie, Freddie Fall on Likely Need for a Bailout (Update7) - Bloomberg
Money High StreetFannie, Freddie Fall on Likely Need for a Bailout (Update7)Bloomberg - 1 hour agoBy Dawn Kopecki Aug. 18 (Bloomberg) -- Fannie Mae and Freddie Mac tumbled in New York trading to their lowest levels in more than 17 years on concern the government will be
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United States - * Fannie, Freddie shares tumble on bailout fears - Forbes
CitizenUnited States - * Fannie, Freddie shares tumble on bailout fearsForbes - 52 minutes agoBy Lynn Adler NEW YORK (Reuters) - Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ) shares plunged to their lowest levels in almost 20 years
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