Saturday, July 12, 2008

Fannie Mae Ugly - Wall Street Journal


Critic of the Firms Sadly Says 'Told You'
Wall Street Journal - 1 hour ago
By JOHN D. MCKINNON In the early 1980s, he was a top official in the Reagan Treasury Department. And Fannie Mae, at least by some measures, was insolvent, ...

Value Hunting's Sharpshooters Hurt As Financial Stocks Hurt Mutual ...
Wall Street Journal - 1 hour ago
By GREGORY ZUCKERMAN and DIYA GULLAPALLI As financial stocks such as Fannie Mae and Freddie Mac continue to struggle, there is plenty of pain to go around. ...

Worries batter mortgage giants
Baltimore Sun, United States - 1 hour ago
By Jamie Smith Hopkins | Sun reporter The speculation swirling around mortgage giants Fannie Mae and Freddie Mac - whether they're in danger, ...

Big losses threaten mortgage giants
Seattle Times, United States - 2 hours ago
The Republican administration and Democratic-run Congress now are facing the possibility that once-stable mortgage giants Fannie Mae and Freddie Mac could ...

Good timing: Feds avoid Fannie-style mortgage freefall
Globe and Mail, Canada - 2 hours ago
Jim Flaherty can rightly roll out a new slogan - friend of the Canadian home buyer. Go ahead, protest. The words might not ring true after Minister ...

Administration seeks to calm fears over Fannie Mae, Freddie Mac
Los Angeles Times, CA - 2 hours ago
WASHINGTON -- The Bush administration scrambled Friday to calm speculation that the government would be forced by the housing crisis to take over Fannie Mae ...

Utah mortgage companies say don't panic over Fannie Mae-Freddie ...
Salt Lake Tribune, United States - 3 hours ago
Posted: 10:12 PM- As the shares of Fannie Mae and Freddie Mac tumbled Friday, the Bush administration scrambled to calm speculation that the government ...

Time to Let Fannie and Freddie Wither?
BusinessWeek - 3 hours ago
In good times, they were superfluous. Now they're only as good as their US guarantee by Peter Coy Are Fannie Mae (FNM) and Freddie Mac (FRE) really too big ...

US stocks fall on Fannie and Freddie fears
NDTV.com, India - 4 hours ago
Major US stock indices dropped on Friday on continuing concern that mortgage giants Fannie Mae and Freddie Mac were threatened with possible collapse. ...

ON YOUR STREET: Intervention by feds may have huge impact on ...
San Francisco Chronicle,  USA - 4 hours ago
The worsening plight of Fannie Mae and Freddie Mac set off alarm bells this week, as the ailing government-sponsored enterprises threaten to drag down the ...

Key US mortgage lender goes bust
BBC News, UK - 5 hours ago
One of the largest US mortgage lenders, the California-based IndyMac Bank, has collapsed amid a growing credit crisis. Federal regulators seized the bank's ...

Uncertainty surrounds Fannie Mae and Freddie Mac
Kansas City Star, MO - 5 hours ago
By MARK DAVIS Fading confidence in two cornerstones of the nation’s mortgage market could trigger federal intervention, perhaps as early as this weekend. ...

How Fallout Could Affect Main Street
New York Times, United States - 6 hours ago
By RON LIEBER The stock market swoon over Fannie Mae and Freddie Mac this week has left many consumers scratching their heads, wondering if buying a home is ...

Fannie and Freddie are feeling unwell
Financial Times, UK - 6 hours ago
With the price of a barrel of oil exceeding $146 and stock markets reeling, the global economic turmoil has worsened this week. Yet most remarkable of all ...

Paulson stands by Fannie and Freddie as shares slide further
Financial Times, UK - 7 hours ago
The Bush administration yesterday attempted to quash suggestions that the US government might have to nationalise Fannie Mae and Freddie Mac, ...

Midnight hour for Fannie and Freddie
CNN - 7 hours ago
There is no shortage of chatter about a possible bailout of two of the most important companies in the world. What would that look like and is it even ...

Fannie and Freddie fears, oil over $147 hit Wall St
Reuters - 8 hours ago
By Kristina Cooke NEW YORK (Reuters) - US stocks tumbled on Friday as fears about the stability of the top two home financing providers, Fannie Mae and ...

Markets plunge in fresh US housing crisis
guardian.co.uk, UK - 8 hours ago
Crude oil traders work on the floor of the New York Mercantile Exchange. Photograph: Justin Lane/ EPA A deepening housing crisis in the US, escalating oil ...

Real Estate/Media Experts Available to Discuss Media's Attempts to ...
FOXBusiness - 8 hours ago
SALT LAKE CITY, July 11, 2008 /PRNewswire via COMTEX/ ----The likelihood that today's media reports on Freddie Mac & Fannie Mae could become a ...

US Senate passes mammoth housing rescue bill
AFP - 8 hours ago
WASHINGTON (AFP) — The US Senate on Friday passed a mammoth housing rescue bill aimed at helping thousands of Americans to keep their homes, ...

Fannie, Freddie Worries Drive Down Markets
Washington Post, United States - 8 hours ago
By Renae Merle A volatile week on Wall Street ended yesterday with US stocks bouncing between negative and positive territory on concerns about the ...
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