Reuters - Stocks rose on Monday as investors bet Washington's bailout of mortgage finance giants Fannie Mae and Freddie Mac would stabilize the U.S. housing sector and calm jittery world financial markets.

AP - The White House said Monday that the federal takeover of troubled mortgage giants Fannie Mae and Freddie Mac could have been prevented if Congress had only acted on its recommendations for changing the system, but housing experts say it's more complicated than that.

AFP - Global stocks soared Monday in a massive relief rally after the US government took over ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a global financial meltdown.

AP - Mortgage rates fell sharply Monday, as investors reacted to the government's takeover of Fannie Mae and Freddie Mac. And that's exactly what homeowners like Jim Chereskin had been waiting for.

Reuters - U.S. mortgage rates fell on Monday after the government seized control of Fannie Mae and Freddie Mac, raising hopes the plan would provide at least temporary respite from troubles in housing and credit markets.

AFP - The dollar gathered strength Monday, hitting an 11-month high on the euro, as news of a US government takeover of ailing mortgage giants Fannie Mae and Freddie Mac eased economic jitters.

Reuters - Four former top executives of Fannie Mae were sued on Monday, one day after the mortgage finance giant was seized by the U.S. government, in an investor lawsuit that claims the four lied about the company's financial position and artificially inflated its share price.

AP - Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points.

AFP - The US takeover of struggling mortgage giants Fannie Mae and Freddie Mac offers hope for an easing of the credit and housing crunch while putting the government's finances on the line, analysts have said.

Reuters - Republican White House nominees John McCain and Sarah Palin would ensure mortgage giants Fannie Mae and Freddie Mac were permanently restructured and downsized, the pair wrote in The Wall Street Journal.