Housing politics challenge banks (The News-Press)
Thursday, December 31st, 2009The success of President Obama's housing rescue plan depends largely on cooperation from the nation's big mortgage buyers - Fannie Mae and Freddie...source
Archive for December, 2009
The success of President Obama's housing rescue plan depends largely on cooperation from the nation's big mortgage buyers - Fannie Mae and Freddie...source
Fannie Mae Rescue Hindered as Asians Seek Guarantee (Update2) (Bloomberg)
Thursday, December 31st, 2009Feb. 20 (Bloomberg) -- Asian investors won’t buy debt and mortgage-backed securities from Fannie Mae and Freddie Mac until they carry explicit U.S. guarantees, similar to those given on bonds issued by Bank of America Corp.source
Fannie Mae Rescue Hindered as Asians Seek Guarantee (Update2) (Bloomberg)
Thursday, December 31st, 2009Feb. 20 (Bloomberg) -- Asian investors won’t buy debt and mortgage-backed securities from Fannie Mae and Freddie Mac until they carry explicit U.S. guarantees, similar to those given on bonds issued by Bank of America Corp.source
Economic crisis spurs some states to require personal finance class for high school students (The Press-Enterprise)
Wednesday, December 30th, 2009INDIANAPOLIS - High school teacher Daniel Jackson is reviewing lessons some adults would find difficult: mortgage loans, down payments, interest rates and closing costs.source
Russia lurches into reverse as commodities give way (National Post)
Wednesday, December 30th, 2009Russia has lurched into reverse after 10 years of uninterrupted growth driven by revenue from oil, gas, metals and consumer spending. While almost half of all Russians still have no savings, people with spare cash like Zaporozhtseva say they are guarding it to pay bills and survive as wages decline ...