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Home Loan Woes Hit Record 9% Of Owners - New York Daily News
the mortgage crisis is expanding beyond risky subprime loans to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. more than 4 million american homeowners with a mortgage - a record 9% - were either behind on ...
www.nydailynews.com

Home Loan Crisis Prompts Us Bail-out
us government seizes control of firms holding half nation's home loans after surge in defaults.
business.theage.com.au

Private Student Loans Get Scarce
your child will be a college freshman this year, and you're a little apprehensive. will she pass econ 101? eat her vegetables? come home for thanksgiving with an anarchist boyfriend and a full-body tattoo?
www.tennessean.com

Auto Executives To Seek Government Help - Wall Street Journal
top auto executives, including general motors corp. chief executive rick wagoner, will launch a lobbying push this week for billions in government loans to help beleaguered auto makers and their suppliers. they aim to get as much as $50 billion in ...
online.wsj.com

Us Government Takes On Big Role In Mortgage Market - International Herald Tribune
the bush administration announced sunday it was seizing troubled mortgage giants fannie mae and freddie mac in a bid to help reverse a prolonged housing and credit crisis. but private analysts worried that it may not be enough to stabilize the ...
www.iht.com

Indiana Ranks Near Top In Troubled home Loans
indiana remains among the states with the highest percentage of troubled home mortgages, with the latest data showing the nation's housing crisis worsening with rising joblessness.
www.indystar.com

Automakers To Hit Congress Hard This Month For Loans That Aren't A Bailout [detroit Bailout]
after a nasty summer of sliding sales and eroding market share, domestic automakers are planning to lobby the us congress for $50 billion in low-interest government loans. the companies claim the...
jalopnik.com

Us Government Takes Leading Role In Mortgage Market With Takeover Of ... - Baltimore Sun
washington (ap) _ uncle sam has just become the 800 pound gorilla in the u.s. mortgage market. the bush administration's announced sunday it was seizing troubled mortgage giants fannie mae and freddie mac in a bid to help reverse a prolonged housing ...
www.baltimoresun.com

Takeover Of Fannie, Freddie To Cost Government Billions - Seattle Times
washington — 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. the historic move announced sunday won support ...
seattletimes.nwsource.com

Timing, Scope Of The Fannie-freddie Takeover
the bush administration sunday seized the two housing lenders that together own or guarantee about half the nation's home loans. david wessel, economics editor of the wall street journal , talks with renee montagne about the timing and scope of the federal government's takeover of fannie mae and freddie mac.
www.npr.org

Treasury Extends Secured Credit Line To Federal Home Loan Banks
sept. 7 (bloomberg) -- the u.s. treasury extended a secured credit facility to the federal home loan banks, the government- chartered cooperatives, allowing them to borrow through the end of next year.
www.bloomberg.com

Fannie, Freddie Deal Helps Some Borrowers, Not All - International Herald Tribune
new york : few outside washington and wall street may understand what fannie mae and freddie mac do, but the government's bailout of the two will likely be felt in cities and suburbs across the country. the takeover will be good news for those ...
www.iht.com

Fannie Mae And Freddie Mac Rescue Sends Global Stocks Soaring - Times Online
london's leading stocks rallied by nearly 190 points this morning, following the us government’s bailout of freddie mac and fannie mae, the country's two stricken mortgage lenders, last night. just minutes after the beginning of trading, the ftse ...
www.timesonline.co.uk

U.s. Seizes Fannie And Freddie
federal officials on sunday unveiled an extraordinary takeover of fannie mae and freddie mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.
money.cnn.com

End Of Fha Mortgage Program May Futher Hurt Home Sales
a major piece of the federal mortgage loan program is coming to an end, a change that could mean more uncertainty for home sales throughout the rest of 2008 and into 2009.
www.bizjournals.com

U.s. Seizes Mortgage Giants - Wall Street Journal
in its most dramatic market intervention in years, the u.s. government seized two of the nation's largest financial companies, taking direct responsibility for firms that provide funding for around three-quarters of new home mortgages. treasury ...
online.wsj.com

Us Government Takes Over Mortgage Giants - Forbes
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. the historic move announced sunday won support from both ...
www.forbes.com

An Option For Investors: Ira-leveraged Loans
investors and second home buyers see the long-term potential of some depressed properties, but many possible players simply don't have the ready cash to make the purchase. besides, fuel prices are up and the kids need back-to-school clothes, plane fare and rent for an apartment.
www.heraldnet.com

9% Of home Loans In Trouble
late payments, defaults spread to prime mortgages washington — more than 4 million american homeowners with a mortgage, a record 9 percent, were behind on their payments or in foreclosure at the end of june, as damage from the housing crisis worsened, the mortgage bankers association said friday.
www.chicagotribune.com

Irish Stock Market Surges After Us Mortgage Firm Takeover - Belfast Telegraph
the irish stock market has surged on the back of positive financial news from the us. the american government has taken-over of two huge mortgage firms. the companies - fannie mae and freddie mac - hold around half of all outstanding home loans in ...
www.belfasttelegraph.co.uk