| Personal Finance Headlines |
| Oil hovers near $145 a barrel as dollar gains
(AP)
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| AP - Oil prices hovered near $145 a barrel Monday, swinging between gains and losses as traders weighed global supply concerns and a mixed dollar against worries about the health of the U.S. economy.
-- read full article |
| Mon, 14 Jul 2008 17:33:58 GMT - Yahoo! News: Personal Finance News |
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| Fed adopts plan to curb shady mortgage practices
(AP)
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| AP - The Federal Reserve has adopted rules to give home buyers more protection from the types of shady lending practices that have contributed to the housing crisis and propelled foreclosures to record highs.
-- read full article |
| Mon, 14 Jul 2008 15:19:44 GMT - Yahoo! News: Personal Finance News |
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| House's Hoyer targets timely action on GSE plan
(Reuters)
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| Reuters - The Democratic leader of the House
of Representatives on Monday said he does not expect housing
finance giants Fannie Mae and Freddie Mac will need to draw on
additional liquidity or capital from the Treasury Department or
the Federal Reserve. -- read full article |
| Mon, 14 Jul 2008 15:25:37 GMT - Yahoo! News: Personal Finance News |
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| US spells out Fannie-Freddie backstop plan
(AP)
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| AP - Scrambling to bolster eroding investor confidence, the Federal Reserve and the Treasury Department announced unprecedented steps to brace slumping mortgage giants Fannie Mae and Freddie Mac.
-- read full article |
| Mon, 14 Jul 2008 15:36:38 GMT - Yahoo! News: Personal Finance News |
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| Freddie Mac auction draws plenty of bidders
(AP)
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| AP - Freddie Mac attracted more bidders Monday for a highly anticipated auction of $3 billion in short-term securities than it had nearly all year, a day after the federal government provided support for the mortgage giant. -- read full article |
| Mon, 14 Jul 2008 16:11:16 GMT - Yahoo! News: Personal Finance News |
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| Bank shares plummet amid mortgage fears
(Reuters)
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| Reuters - Shares of National City Corp
and Washington Mutual plummeted more than 25 percent
each, leading financial stocks lower on Monday amid fears about
bank stability and the future of the mortgage market.
-- read full article |
| Mon, 14 Jul 2008 17:07:12 GMT - Yahoo! News: Personal Finance News |
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