Mortgage News from Around the World
WaMu Shows Paulson Mortgage Rescue Plan Is Perilous (Update1)Bloomberg - 1 hour ago The Bingley, England-based bank fell 80 percent this year in London Stock...
Zhou, Trichet Endorse US Rescue of Fannie, Freddie (Update1)Bloomberg - 16 US Treasury Secretary Henry Paulson yesterday seized control of biggest the US mortgage...
Asia Day Ahead: BCE $42 Billion Buyout May Unravel (Update1)Bloomberg - 4 US mortgage rates plunged by the most in at least seven...
GMAC to Sell Home Services Unit to Brookfield Asset (Update1)Bloomberg - 8 Earlier this month, the company dismissed 5000 ResCap employees, or 60 percent...
Paulson Aims to Do What Eluded Fed: Get Banks to Lend (Update1)Bloomberg - 38 Thirty-year mortgage rates averaged 6.35 percent in the first week...
Fannie Mae Reports Record Loss After Asset Writedowns (Update1)Bloomberg - 23 Fannie and Freddie, which own or guarantee about 40 percent of the US...
Fortis Gets EU11.2 Billion Rescue From Governments (Update1)Bloomberg - 54 The company's structured credit portfolio, which includes collateralized debt obligations and US mortgage -backed...
Bernanke Forecasts Foiled by Fannie-Freddie Rescue (Update1)Bloomberg - 2 The declines in the companies that own or guarantee about half of the $12 trillion...
CNN Paulson Says Stimulus to Ensure 2nd-Half US Growth (Update1)Bloomberg - 7 The housing law ``includes significant, temporary provisions that will boost market...
Senate May Try to Revive Bank-Rescue Bill by Tomorrow (Update1)Bloomberg - 2 Some Democrats want a provision that would allow bankruptcy judges to alter...
Obama, McCain Back Action to Rescue Freddie, Fannie (Update1)Bloomberg - 1 hour ago ... Mae and Freddie Mac under government control, seeking to halt...
Fannie, Freddie Short Interest Rises as Paulson Plans a RescueBloomberg - 1 hour ago Investors boosted short selling in both stocks for four months in...
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