Personal Finance

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Freddie Mac posts $5 billion loss

Reuters US Online Report Business News 20 hours ago

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 ...

Best of both worlds? Combined pension/401k plan

AP News 23 hours ago

New combined pension/401k retirement plan may come in January Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts. Even so, with the guaranteed income of traditional pensions disappearing, most investors have little ...

Fannie Mae posts $18.9 billion Q3 loss, taps Treasury

Reuters US Online Report Business News 23 hours ago

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 ...

Mortgage rates drop below 5 percent: Freddie Mac

Reuters US Online Report Business News yesterday

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 ...

Neb. senator takes issue with student loan stance

AP News yesterday

US Sen. Johanns of Nebraska takes issue with administration's student loan stance U.S. Sen. Mike Johanns said Thursday that his concern for Nebraska families is what's driving his opposition to legislation that would turn control of student loans over to the government ...

Details on health care bills in House, Senate

AP News yesterday

Details on the House health overhaul bill, the GOP alternative and 1 taking shape in Senate House Democratic leaders are offering a $1.2 trillion, 10-year health overhaul bill that expands coverage to millions of Americans. House Republicans have unveiled their alternative, after ...

Loans Companies, How To Identify The Best For You

articlesbase.com yesterday

When you are looking for financing, it is important that you look for a lender who has your best interests at heart and will give you the best option. It is advisable that when looking for a lender that you take your ...

Checking accounts are free

articlesbase.com yesterday

A checking account uses paper checks and or electronic funds transfers as its primary means of business. By opening a checking account you receive paper checks that can be used for a variety of purposes. Many checking accounts are free, but some ...

Health reform bill allows for Hawaii to opt out

AP News yesterday

Health reform bill before Congress would allow Hawaii workers not to participate Hawaii would be allowed to opt out of key requirements of national health care reform legislation, the only state given such a privilege because it already has its own comprehensive ...

US Earns Fannie Mae

AP News yesterday

FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse ...

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