Mortgage and Financial News From 2008-7-14 Page 18
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Dollar gains on yen amid easing US mortgage worries (Khaleej Times)
TOKYO - The dollar rose against the yen in Asian trade on Monday as markets cheered measures by Washington to bolster two US mortgage giants, dealers said.
2008-07-14 01:02:47 -
Freddie Mac in three bln dollar debt sell-off to calm investor fears (AFP via Yahoo! UK & Ireland News)
Freddie Mac, one of two troubled mortgage finance giants given an emergency lifeline by the US Treasury, looked to cool investor fears Monday with a three-billion-dollar debt sell-off.
2008-07-14 01:04:00 -
FANNIE PACTS OFFER PROMISE OF RELIEF (New York Post)
Washington is weighing in with plans to shore up mortgage giants Fannie Mae and Freddie Mac - and help stave off a possible market implosion. First, the Federal Reserve of New York is granted authority to lend to the two companies "should such...
2008-07-14 01:05:11 -
Federal Reserve comes to rescue of Fannie Mae and Freddie Mac mortgage giants (Evening Standard)
The U.S. government has dramatically bailed out the country's two biggest mortgage giants in a desperate bid to bolster the housing market and the wider economy.
2008-07-14 01:05:16 -
'Modern Girls' Pen Financial Guide - US News and World Report
When it comes to money, women are different. They usually earn less than men do, are more likely to take job breaks to care for children or parents, and store less for retirement. That's why Manisha Thakor and Sharon Kedar, two Harvard Business ...
2008-07-08 05:59:00 -
Andrew Sullivan, unreliable narrator. - Slate
I'm stunned by Deborah Orin-Eilbeck's death . I didn't know she was fighting cancer. She sent me an email only a couple of months ago cheerfully and sensibly disputing something I'd written arguing that Gov. Vilsack's candidacy would let Hillary skip ...
2008-07-12 02:23:00 -
Jesse Jackson Has A Point! - Slate
"Dr. Rice, who I think would be a really good candidate [for President], is not interested. Probably because she is single, her parents are no longer living, she's an only child. You need a very supportive family and supportive friends to have this ...
2008-07-12 02:23:00 -
Bank of the Ozarks Q2 2008 Earnings Call Transcript - Seekingalpha.com
Good afternoon. My name is Shandra and I will be your conference operator today. At this time, I would like to welcome everyone to the Bank of the Ozarks second quarter earnings release conference call. (Operator Instructions) Ms. Blair, you may ...
2008-07-10 05:56:00 -
Surviving the axe - Toronto Sun
It's not called the axe for nothing: Laurie Campbell of Credit Canada says layoffs are as stressful as the loss of a spouse. For 62-year-old Butch, who's worked as a tool maker his entire working life, the future looks grim. Very grim. Since 2005, it ...
2008-07-13 12:35:00 -
Regulators get serious about credit-card overhaul - Kansas City Star
Consumer advocates say regulation of the credit card industry has long been without teeth. But as cardholders struggle under the weight of big balances, high interest rates and fees, their pleas to lawmakers for help may well mean that the industry ...
2008-07-11 05:55:00 -
Bleak choices for Fannie and Freddie - Financial Times
Speculation mounted over the weekend that the Federal Reserve and US Treasury could intervene to support Fannie Mae and Freddie Mac, the troubled mortgage finance enterprises, possibly before the markets open on Monday. In the past week the share ...
2008-07-13 12:16:00