Mortgage Links:
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Mortgage WASHINGTON -- The historic seizure Sunday of mortgage finance titans Fannie Mae and Freddie Mac is expected to bolster the nation's sinking housing sector by lowering mortgage rates and jump-starting the obscure background market that is vital to ... Treasury seizes Fannie Mae, Freddie Mac to bolster housing market - Miami Herald WASHINGTON – The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. Officials announced that the executives ... Officials announce takeover of mortgage giants - San Diego Union-Tribune The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. The historic move announced Sunday won support from both ... US Government takes over mortgage giants - Forbes TOKYO, Sept 8 (Reuters) - Japan's Nikkei average is expected to rise on Monday from a 5-½ month closing low hit the previous trading day, after the U.S. government took control of troubled mortgage finance companies Fannie Mae (FNM.N: Quote ... Nikkei set to gain after US mortgage firm takeover - Reuters Sunday's federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed rate ... |
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