| Personal Finance Headlines |
| Fannie, Freddie fall on renewed bailout fears
(AP)
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| AP - Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality.
-- read full article |
| Mon, 18 Aug 2008 21:34:40 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 21:50:30 GMT - Yahoo! News: Personal Finance News |
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| Wall Street pulls back as financials fall
(AP)
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| AP - Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the Dow Jones industrial average down more than 175 points.
-- read full article |
| Tue, 19 Aug 2008 06:03:25 GMT - Yahoo! News: Personal Finance News |
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| The Workplace: Making Bold Moves in Tough Times
(BusinessWeek Online)
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| BusinessWeek Online - How do you get ahead on the job when the labor market is crumbling? Michael Donaldson, an entertainment lawyer and author of Fearless Negotiating (McGraw-Hill; $16.95), says workers often have more power than they think they do, even in tough times. Personal Finance Editor Lauren Young asked Donaldson for negotiating tips. -- read full article |
| Mon, 18 Aug 2008 12:08:47 GMT - Yahoo! News: Personal Finance News |
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| 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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