| Personal Finance Headlines |
| Bailout concerns slam Freddie, Fannie shares
(Reuters)
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| Reuters - Investors dumped shares of Fannie Mae
and Freddie Mac on Monday after Barron's reported the
increasing likelihood of a U.S. Treasury bailout that would
approach nationalization of the two housing finance titans.
-- read full article |
| Mon, 18 Aug 2008 17:00:05 GMT - Yahoo! News: Personal Finance News |
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| 'Liar loans' threaten to prolong mortgage crisis
(AP)
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| AP - In the mortgage industry, they are called "liar loans" mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets."
-- read full article |
| Mon, 18 Aug 2008 18:27:48 GMT - Yahoo! News: Personal Finance News |
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| Questions and answers on hiring an appraiser
(AP)
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| AP - Questions and answers on how consumers can ensure they are getting an honest appraisal when buying or selling a home, refinancing an existing mortgage or taking out a home equity loan or line of credit: -- read full article |
| Sun, 17 Aug 2008 17:10:10 GMT - Yahoo! News: Personal Finance News |
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| Getting Smarter on School Loans
(BusinessWeek Online)
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| BusinessWeek Online - For years, college students and their parents have relied heavily on credit cards, home equity, and private loans to pay for school, according to a recent survey provided exclusively to BusinessWeek. But those sources of cash are drying up. On Aug. 6, Wachovia joined the more than 150 financial firms that have fled the private student-loan business. And Morgan Stanley froze home-equity lines for some clients. -- read full article |
| Thu, 14 Aug 2008 12:08:45 GMT - Yahoo! News: Personal Finance News |
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| Credit jitters, surging oil hurt stocks
(Reuters)
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| Reuters - Stocks fell on Wednesday, as
persistent concerns about the credit crisis hurt bank shares
while a rebound in oil prices and weak outlooks at some
retailers raised anxieties about consumer spending.
-- read full article |
| Wed, 13 Aug 2008 20:43:46 GMT - Yahoo! News: Personal Finance News |
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| Greenspan sees house price bottom in 2009: report
(Reuters)
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| Reuters - Former Federal Reserve
Chairman Alan Greenspan predicts U.S. house prices will begin
to stabilize in the first half of next year, even as he faulted
the government's rescue of mortgage market giants Fannie Mae
and Freddie Mac, the Wall Street Journal reported on Thursday.
-- read full article |
| Thu, 14 Aug 2008 07:19:56 GMT - Yahoo! News: Personal Finance News |
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| Credit jitters, oil hit Wall St
(Reuters)
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| Reuters - U.S. stocks slid on Wednesday as
financial shares sold off for a second straight day on fresh
concerns about the widening impact of the mortgage crisis on
the U.S. economy's outlook.
-- read full article |
| Wed, 13 Aug 2008 18:08:07 GMT - Yahoo! News: Personal Finance News |
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