.
  | Home > Business > Personal Finance .
  • Webmasters - Get FREE dynamic news headlines on your website!

    Get Personal Finance Headlines emailed to you daily.
    Email:
    Join
    Unsubscribe


    Personal Finance Headlines
    Speculation swirls around ailing US mortgage giants (AFP)

    People walk by Fannie Mae headquarters in July 2008 in Washington, DC. Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.(AFP/File/Karen Bleier)AFP - Speculation about the stressed financial health of US mortgage-finance giants Fannie Mae and Freddie Mac swirled Wednesday as their share prices further plummeted.


    -- read full article
    Wed, 20 Aug 2008 16:01:26 GMT - Yahoo! News: Personal Finance News
    Fannie and Freddie shares hit 18-year low (Reuters)

    The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23, 2008. (Larry Downing/Reuters)Reuters - Shares of Fannie Mae and Freddie Mac dove to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out shareholders of the two U.S. housing finance giants.


    -- read full article
    Wed, 20 Aug 2008 16:16:34 GMT - Yahoo! News: Personal Finance News
    Wall St up as tech rally offsets Fannie, Freddie (Reuters)

    Traders work on the floor of the New York Stock Exchange August 8, 2008. (Joshua Lott/Reuters)Reuters - Stocks were slightly higher in choppy trade on Wednesday as strong results from Hewlett-Packard triggered a rally in the technology sector that offset a slump in shares of Fannie Mae and Freddie Mac to more than 17-year lows.


    -- read full article
    Wed, 20 Aug 2008 17:49:10 GMT - Yahoo! News: Personal Finance News
    Fannie Mae, Freddie Mac shares plummet (AP)

    The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23, 2008. (Larry Downing/Reuters)AP - Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies.


    -- read full article
    Wed, 20 Aug 2008 18:02:24 GMT - Yahoo! News: Personal Finance News
    FDIC to help IndyMac mortgage borrowers (Reuters)
    Reuters - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid foreclosure under a program announced on Wednesday by U.S. banking regulators. -- read full article
    Wed, 20 Aug 2008 18:19:59 GMT - Yahoo! News: Personal Finance News
    FDIC sets mortgage plan for IndyMac borrowers (AP)
    AP - Troubled home borrowers with loans from IndyMac Federal Bank will be able to switch to fixed-rate mortgages under a new plan from federal regulators, who seized the bank last month after it became the largest regulated thrift to fail. -- read full article
    Wed, 20 Aug 2008 18:24:52 GMT - Yahoo! News: Personal Finance News
    Stocks fall on inflation data, financial worries (AP)

    Customers make purchases at a Home Depot story in Chicago, Friday, Aug. 8, 2008. The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit Tuesday, Aug. 8, 2008, but beat Wall Street expectations. The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery. (AP Photo/Charles Rex Arbogast)AP - Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped 130 points.


    -- read full article
    Tue, 19 Aug 2008 21:38:57 GMT - Yahoo! News: Personal Finance News
    Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds: reports (AFP)

    The Freddie Mac headquarters in McLean, Virginia. Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday.(AFP/File/Paul J. Richards)AFP - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday.


    -- read full article
    Tue, 19 Aug 2008 18:59:51 GMT - Yahoo! News: Personal Finance News
    Stocks fall on inflation data, financial worries (AP)

    Customers make purchases at a Home Depot story in Chicago, Friday, Aug. 8, 2008. The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit Tuesday, Aug. 8, 2008, but beat Wall Street expectations. The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery. (AP Photo/Charles Rex Arbogast)AP - Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped by about 130 points.


    -- read full article
    Tue, 19 Aug 2008 18:50:56 GMT - Yahoo! News: Personal Finance News
    Fannie, Freddie fall on renewed bailout fears (AP)

    A 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
    Tue, 19 Aug 2008 09:04:46 GMT - Yahoo! News: Personal Finance News
    Euro comes off six-month lows after weak US housing data (AFP)

    US dollar and euro bank notes. The euro rebounded from six-month lows against the dollar after weak US housing market figures stoked fresh concerns over the outlook for the US economy.(AFP/File/Philippe Desmazes)AFP - The euro rebounded from six-month lows against the dollar after weak US housing market figures stoked fresh concerns over the outlook for the US economy.


    -- read full article
    Tue, 19 Aug 2008 17:12:37 GMT - Yahoo! News: Personal Finance News
    Housing starts and permits tumble in July (Reuters)

    New home construction continues in Carlsbad, California June 24, 2008.U.S. (Mike Blake/Reuters)Reuters - Home building projects started in July fell 11 percent to the lowest annual rate in more than 17 years, while building permits tumbled 17.7 percent, the Commerce Department reported on Tuesday.


    -- read full article
    Tue, 19 Aug 2008 13:10:13 GMT - Yahoo! News: Personal Finance News
    American Home to pay fraction of bankruptcy claims (Reuters)
    Reuters - American Home Mortgage Investment Corp , which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditors no more than 5.9 cents on the dollar as it liquidates assets. -- read full article
    Tue, 19 Aug 2008 13:43:03 GMT - Yahoo! News: Personal Finance News
    US Treasury plays down increased Fannie, Freddie speculation (AFP)

    A AFP - The US Treasury swiftly played down a media report Monday that suggested the government could be poised to extend significant financial aid to the struggling mortgage-finance giants Fannie Mae and Freddie Mac.


    -- read full article
    Mon, 18 Aug 2008 19:47:47 GMT - Yahoo! News: Personal Finance News
    Stocks tumble on Fannie, Freddie worries (Reuters)

    Traders work works on the floor of the New York Stock Exchange, August 8, 2008. (Joshua Lott/Reuters)Reuters - U.S. stocks sank on Monday as the prospect of more losses from the mortgage crisis hurt the shares of banks and the two biggest home finance providers, pushing all three major indexes down about 1.5 percent.


    -- read full article
    Mon, 18 Aug 2008 20:25:36 GMT - Yahoo! News: Personal Finance News
    More Personal Finance Headlines Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 Next

    Question? Comments? comments@sourgrapes.org | Hosting by Wallanet