Fannie, Freddie deal helps some borrowers, not all (San Francisco Chronicle)

Posted by @ 9:36 pm, September 7th, 2008

The government’s historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect. But for homeowners already behind on their mortgage…

The End of Fannie and Freddie Pushes PIMCO into Deep Trouble! - The Market Oracle

Posted by @ 9:33 pm, September 7th, 2008

Los Angeles TimesThe End of Fannie and Freddie Pushes PIMCO into Deep Trouble!The Market Oracle, UK - 1 hour agoInvestors remain concerned that a flood of new issues from borrowers refinancing auction-rate debt will overwhelm demand while hedge funds and banks pare …'Financial Tsunami' To Engulf Markets, Says Pimco's Gross Evening BulletinBill Gross Wants Treasury To Buy Assets To Prevent Tsunami HoweStreet.comall 41 news articles

Fannie, Freddie deal helps some borrowers, not all (The Oklahoman)

Posted by @ 9:32 pm, September 7th, 2008

NEW YORK (AP) — The government’s historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect. But for homeowners already behind on their mortgage payments, or who owe more than their homes are now worth, the plan unveiled Sunday by Treasury Secretary Henry Paulson …

Fannie Mae-Freddie Mac takeover may help buyers, some homeowners (Asheville Citizen-Times)

Posted by @ 9:25 pm, September 7th, 2008

New York – The government’s historic bailout of Fannie Mae and Freddie Mac today will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect.

Feds intervene, take control of Fannie Mae, Freddie Mac - San Francisco Chronicle

Posted by @ 9:07 pm, September 7th, 2008

Wall Street JournalFeds intervene, take control of Fannie Mae, Freddie MacSan Francisco Chronicle,  USA - 42 minutes ago"The housing and mortgage market should benefit from the actions," said Sung Won Sohn, an economist at California State University Channel Islands in …Video: Feds Take Over Mortgage Giants AssociatedPressUS Government takes over mortgage giants The Associated PressRisky mortgages threaten to keep housing market down Detroit Free PressSydney Morning Herald - WYTVall 5,429 news articles

Washington Mutual Forces Out CEO - Wall Street Journal

Posted by @ 8:38 pm, September 7th, 2008

Wall Street JournalWashington Mutual Forces Out CEOWall Street Journal - 1 hour agoSucceeding Killinger will be Alan Fishman, currently chairman of New York commercial mortgage broker Meridian Capital Group, according to several people …

Fannie Mae-Freddie Mac takeover will help only some borrowers (Asheville Citizen-Times)

Posted by @ 7:55 pm, September 7th, 2008

New York – The government’s historic bailout of Fannie Mae and Freddie Mac today will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect.

Takeovers won’t help with refis (Denver Post)

Posted by @ 7:37 pm, September 7th, 2008

NEW YORK — The government’s historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage

US Government takes over mortgage giants - The Associated Press

Posted by @ 7:31 pm, September 7th, 2008

The Associated PressUS Government takes over mortgage giantsThe Associated Press - 7 minutes agoWASHINGTON (AP) — The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will …

Fannie, Freddie deal helps some borrowers, not all - The Associated Press

Posted by @ 7:01 pm, September 7th, 2008

The Associated PressFannie, Freddie deal helps some borrowers, not allThe Associated Press - 37 minutes agoIf fees were eliminated, we would see more qualified borrowers being able to refinance or qualify for a mortgage," said Marc Savitt, president of the …