Summary
A collection of news and information related to Fannie Mae published by Tribune Company sources.
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294 items on Fannie Mae
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Housing market slump may drag well into next year
Associated PressSigns are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real estate market may not recover for at least another year. The latest report, the National Association of Realtors' pending home sales index,...Tags: Federal Reserve, Property, IndyMac Bancorp Incorporated, Sales, Financial and Business Services
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Paulson: Many foreclosures can't be prevented
AP Economics WriterFaced with record-high foreclosure rates, the Bush administration has been scrambling to keep people from losing their homes, but many are beyond help, Treasury Secretary Henry Paulson said Tuesday. Lax lending standards that accompanied the once high-...Tags: Federal Reserve, Financial and Business Services, Homes, The White House, Government
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Stocks Rise on Oil Decline, Bernanke Talk
Associated PressNEW YORK -- Wall Street finished sharply higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150...Tags: Business, Financial and Business Services, Philadelphia County, Stock Broking, Company Information
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Dow ends up 152 on decline in oil, Bernanke talk
AP Business WriterWall Street finished sharply higher Tuesday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 150 points, and all the...Tags: Financial and Business Services, Stock Broking, New York Mercantile Exchange, Stock Activities, Clubs and Associations
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Fannie, Freddie rise after dive a day earlier
AP Business WriterShares of mortgage financiers Fannie Mae and Freddie Mac bounced back Tuesday, a day after plunging over worries the pair might need billions of dollars in new capital if a new accounting rule is put into effect. Fannie Mae shares rose $1.88, or 11.9...Tags: Lehman Brothers Holdings Incorporated, Accounting and Auditing, Standards, Mortgages, Freddie Mac
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Freddie, Fannie stock plunges
Freddie Mac and Fannie Mae, which own or guarantee almost half of U.S. home mortgages, fell to the lowest in 13 years in New York Stock Exchange composite trading yesterday. The plunge came as concerns grew that companies might need to raise more...Tags: New York Stock Exchange, Lehman Brothers Holdings Incorporated, Freddie Mac
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Housing rescue advances in Senate
A mortgage rescue plan to save hundreds of thousands of homeowners from foreclosure drew overwhelming Senate support yesterday, inching toward passage despite Republican objections. The Senate voted 76-10 to advance the bill, a broad array of housing...Tags: Financial and Business Services, Parliament, Mortgages, Upper House, Freddie Mac
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Financial sector drives volatile trading; Dow falls
From wire reportsWall Street lost more ground in extremely volatile trading yesterday, as investors recoiled at a cautious economic outlook from a Federal Reserve official and the possibility of more financial troubles of Fannie Mae and Freddie Mac. San Francisco Federal...Tags: Federal Reserve, Banking, Stock Activities, Stocks, J.P. Morgan Chase & Co.
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Financial stock values drop further
The Associated PressU.S. financial companies have lost more than $1 trillion in value this year, and yet another decline on Monday shows concerns aren't going away soon. The drop in names such as Lehman Brothers, Morgan Stanley and Merrill Lynch caused the financial section...Tags: Federal Reserve, Morgan Stanley Dean Witter & Company, Lehman Brothers Holdings Incorporated, Freddie Mac
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IndyMac to exit most home lending, slash 3,800 jobs
Los Angeles Times Staff WriterIndyMac Bancorp, once a leader in the nontraditional home loans that helped drive the housing boom, all but quit the mortgage business Monday and said it would lay off 3,800 people, more than half its staff, in the wake of growing defaults by borrowers....Tags: Calabasas, IndyMac Bancorp Incorporated, Financial and Business Services, Banking, Homes
Jul 8, 2008
|Story| South Florida Sun-Sentinel
Jul 8, 2008
|Story| Associated Press
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|Story| KTLA-TV
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|Story| Associated Press
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|Story| Associated Press
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|Story| Baltimore Sun
Jul 8, 2008
|Story| Baltimore Sun
Jul 8, 2008
|Story| Baltimore Sun
Jul 8, 2008
|Story| Orlando Sentinel
Jul 8, 2008
|Story| Los Angeles Times
