Highlights
A collection of news and information related to Fannie Mae published by Tribune Company sources.
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Bernanke: lower rates are "feasible" but have limited economic benefit
AP Economics WriterWASHINGTON (AP) _ Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed'...Tags: Investments, Business, Homes, Financial Markets, Business Institutions
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Bush: Iraq war 'a do-over I can't do'
The Swampby Mark Silva President Bush, who has occasionally lamented that he regrets some of the tough talk he uttered in the war on terror - terms such as "dead or alive'' or "bring 'em on'' - also allows that the......Tags: George Washington, 2009 U.S. Presidential Transition, Abraham Lincoln, Terrorism, 2008 U.S. Presidential Election
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Looking for lessons of Great Depression
My father talked much about the Depression of 1929-1933. What we are experiencing today with layoffs, potential bank failures and home mortagages plunging into default certainly seems reminiscent of the ecomic collapse and Depression that occurred in...Tags: South Whitehall Township, Whitehall, Freddie Mac
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Another bailout with nothing in return
Special to The Morning CallMan, I'm getting tired of this. Once again we're bailing out another too-big-to-fail company -- now it's Citigroup -- and again we're acting like we've got these guys by their you-know-whats because we're imposing some limits on how much cash top execs...Tags: Credit and Debt, U.S. Department of Treasury, Citigroup Incorporated, Fuel-efficient Vehicles, Freddie Mac
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Good buys in home loans
Home loan borrowers with good credit could be in for some of the best mortgage rates in months, analysts said yesterday, a day after the Federal Reserve announced intervention designed to make financing less costly and more readily available. But it will...Tags: National Government, Homes, Credit Ratings, Financial and Business Services, Money and Monetary Policy
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Banks, investment firms boost their borrowing from the Fed's emergency loan program
AP Economics WriterWASHINGTON (AP) _ The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system. The Fed released a report Friday saying commercial...Tags: Investments, Credit and Debt, Freddie Mac, Mortgages, American International Group
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Fledgling CBT Has Had Losses, But CEO Predicts Survival
Special To The CourantConnecticut Bank and Trust Co. opened in 2004 on promises of up-to-date financial technology, old-fashioned person-to-person customer service and an aggressive business plan. Chairman and CEO David Lentini has presided over an expansion from three to...Tags: Financial and Business Services, Banking, Freddie Mac, Mortgages, Loans
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Gobierno comprará hipotecas ante crisis
AGENCIAS COMBINADASLa Reserva Federal de Estados Unidos (FED) inyectará $800,000 millones en los mercados en un nuevo intento de atajar los efectos de la crisis financiera. La FED anunció el martes que piensa utilizar $600,000 millones para comprar activos hipotecarios con...Tags: Henry Paulson, Freddie Mac
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How the Fed makes money
The Associated PressThe Bush administration had to win congressional approval of a $700 billion rescue package for the financial system. Now, with no fuss, the Federal Reserve has announced an even bigger program totaling $800 billion. Here is a look at the Fed's powers and...Tags: National Government, Government, Money and Monetary Policy, Freddie Mac, Mortgages
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Between a rock and a hard place, we're adrift with 2 captains
Washington Post Writers GroupHaving two presidents is starting to feel like having no president, and that's the situation we'll face until Inauguration Day. Heaven help us. President Bush spent the weekend in Lima, Peru, at a meeting of the Asia-Pacific Economic Cooperation forum,...Tags: National Government, Philosophy, Wachovia Corp., Government, Citigroup Incorporated
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Mortgage rates dip for fourth week; falling below 6 percent for first time since early October
AP Economics WriterWASHINGTON (AP) _ Rates on 30-year mortgages sank for a fourth straight week, falling below 6 percent for the first time since early October, and are heading lower due to the government's massive new effort to aid the U.S. housing market. Further drops...Tags: Moody's Corporation, Financial and Business Services, Credit Ratings, Citigroup Incorporated, Freddie Mac
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Reports: Financial crisis deepens
Of The Associated PressThe government released a quartet of reports Wednesday that paint a bleak picture of the nation's economy: Jobless claims remain at recessionary levels, Americans cut back on their spending by the largest amount since the 2001 terrorist attacks, orders to...Tags: Business, Financial Markets, Economic Indicator, Government, Credit and Debt
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Blog| Chicago Tribune
Dec 1, 2008
|Story| Allentown Morning Call
Nov 30, 2008
|Story| Allentown Morning Call
Nov 27, 2008
|Story| Baltimore Sun
Nov 28, 2008
|Story| Associated Press
Nov 29, 2008
|Story| Hartford Courant
Nov 29, 2008
|Story| South Florida Sun-Sentinel
Nov 27, 2008
|Story| South Florida Sun-Sentinel
Nov 27, 2008
|Story| Orlando Sentinel
Nov 26, 2008
|Story| Associated Press
Nov 27, 2008
|Story| Allentown Morning Call
