| Personal Finance Headlines |
| U.S. talks with Fannie, Freddie turned sour: sources
(Reuters)
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| Reuters - Amicable talks between Fannie Mae
and Freddie Mac and the U.S. mortgage finance
companies' regulator about an aid package ended abruptly as
policy-makers resolved in recent days to seize the firms,
industry sources with knowledge of the events said.
-- read full article |
| Mon, 08 Sep 2008 06:11:47 GMT - Yahoo! News: Personal Finance News |
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| US Government takes over mortgage giants
(AP)
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| AP - The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
-- read full article |
| Mon, 08 Sep 2008 07:21:04 GMT - Yahoo! News: Personal Finance News |
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| Asian stocks soar after Freddie, Fannie bailouts
(AP)
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| AP - Asian stock markets soared Monday after Washington announced a bailout of mortgage giants Fannie Mae and Freddie Mac a move that could help bolster a shaky U.S. housing market and renew global investor confidence.
-- read full article |
| Mon, 08 Sep 2008 07:43:43 GMT - Yahoo! News: Personal Finance News |
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| World stocks soar on US mortgage bailout
(AFP)
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| AFP - European and Asian stock markets surged Monday after the US government grabbed control of ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a world financial crisis, dealers said.
-- read full article |
| Mon, 08 Sep 2008 08:48:57 GMT - Yahoo! News: Personal Finance News |
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| US govt to detail Fannie Mae, Freddie Mae intervention
(AFP)
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| AFP - The US government was preparing a massive intervention Sunday in Fannie Mae and Freddie Mac in an effort to shore up the two ailing mortgage finance firms that underpin trillions of dollars in loans and are a linchpin the financial system.
-- read full article |
| Sun, 07 Sep 2008 14:34:48 GMT - Yahoo! News: Personal Finance News |
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(AP)
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| AP - Treasury secretary: Mortgage moves intended to prevent major financial turmoil -- read full article |
| Sun, 07 Sep 2008 15:02:56 GMT - Yahoo! News: Personal Finance News |
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| US takes over Fannie, Freddie
(AFP)
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| AFP - The US government took over mortgage giants Fannie Mae and Freddie Mac on Sunday, placing them in a "conservatorship" to help avert a financial system meltdown from the housing crisis.
-- read full article |
| Sun, 07 Sep 2008 16:33:20 GMT - Yahoo! News: Personal Finance News |
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| Government seizes control of GSEs
(Reuters)
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| Reuters - The U.S. government on Sunday seized
control of mortgage finance companies Fannie Mae and
Freddie Mac , in what could be the biggest federal
bailout in U.S. history in a bid to support the U.S. housing
market and ward off more global financial market turbulence.
-- read full article |
| Sun, 07 Sep 2008 17:24:49 GMT - Yahoo! News: Personal Finance News |
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