NEW YORK (Reuters) - Freddie Mac, the U.S. mortgage finance giant, said on Monday it is seeking $595 million in loan payments and ...
Commercial banks reduce borrowing from Federal Reserve's emergency lending program Banks borrowed slightly less from the Federal Reserve's emergency lending program over the ...
Setback in Bear Stearns case should force government to change tactics in other meltdown cases The swift acquittal of two Bear Stearns executives in the government's criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they ...
Fannie Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The ...
Freddie Mac loses $6.3 billion, avoids request for federal aid for 2nd-straight quarter Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion. The McLean, Va.-based company has received ...
NEW YORK (Reuters) - Freddie Mac <FRE.N> <FRE.P>, the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in ...
NEW YORK (Reuters) - Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug ...
NEW YORK (Reuters) - U.S. mortgage rates fell below 5 percent for the first time in three weeks, a key level that may boost home loan demand and help the hard-hit housing market recover, a closely watched mortgage survey showed Thursday. Interest ...
Fannie Mae asks for $15 billion in US aid after posting $19.8 billion third-quarter loss Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the ...
US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds. Fannie Mae reported a net loss of 18.9 billion dollars in the third quarter, 35 percent smaller than ...
Fannie Mae to allow troubled borrowers to hand over deeds to homes and then rent Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge ...
Commercial banks increase borrowing from Federal Reserve's emergency lending program Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week, while reducing their use of other credit programs designed to ease the financial crisis. The Fed said ...
