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Fannie Mae Unsold $5 Billion Homes Bring Peril to Shareholders Bloomberg - 2 hours ago By Bob Ivry and Sharon L. Lynch July 23 (Bloomberg) — Fannie Mae, the largest US mortgage finance company, couldn't find a buyer who would pay $6900 for the three-bedroom house at 1916 Prospect St. Video: Paulson talks up mortgage plan ReutersVideo Woes Afflicting Mortgage Giants Raise Loan Rates New York Times International Herald Tribune - Washington Post - Reuters - CFO.com Magazine all 2,480 news articles

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Boston Globe

Wachovia's Steel Faces Mortgage Challenge After Boosting Stock Bloomberg - 54 minutes ago By David Mildenberg July 23 (Bloomberg) — Wachovia Corp. Chief Executive Officer Robert Steel, on the job only two weeks, drove up the bank's market value $7.7 billion in a single day after reporting the biggest quarterly loss in its history. Banks' Health Questioned as Wachovia Posts $8.9 Billion Loss Washington Post No Stock Offering for Wachovia…Yet BusinessWeek MarketWatch - Forbes - Reuters - Online Athens all 1,162 news articles

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ABC News

Mortgage Rates Near a Year High Wall Street Journal - 1 hour ago By RUTH SIMON and JAMES R. HAGERTY Home-mortgage rates are nearing their highest levels in a year, adding to pressures on the already weak housing market. Video: Paulson talks up mortgage plan ReutersVideo US Lawmakers Reach Deal on Fannie, Freddie Bill (Update2) Bloomberg Reuters - CNNMoney.com - Washington Post - Forbes all 2,392 news articles

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CBC.ca

Hurricane Dolly Heads to Mexico, Texas; Alerts Issued (Update4) Bloomberg - 1 hour ago By Demian McLean July 22 (Bloomberg) — Tropical Storm Dolly strengthened to a hurricane in the Gulf of Mexico and headed for northern Mexico and southern Texas. Video: Dolly Takes Aim at Texas As Cat. 1 Hurricane AssociatedPress State mobilizes resources ahead of Dolly Houston Chronicle Marshall News Messenger - Reuters - AFP - The Times-Picayune - NOLA.com all 5,115 news articles

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Seattle Post Intelligencer

Woes Afflicting Mortgage Giants Raise Loan Rates New York Times - 7 hours ago By VIKAS BAJAJ Mortgage rates are rising because of the troubles at the loan finance giants Fannie Mae and Freddie Mac, threatening to deal another blow to the faltering housing market. Video: Paulson talks up mortgage plan ReutersVideo Mortgage Rates Near a Year High Wall Street Journal Bloomberg - Reuters - CNNMoney.com - Washington Post all 2,799 news articles

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BBC News

Proxy firm recommends against 3 Yahoo directors MarketWatch - 57 minutes ago By John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) — Proxy advisory firm Glass Lewis & Co. issued harsh criticism of three members of Yahoo Inc.'s board of directors Tuesday, recommending their ouster at the company's upcoming annual shareholder … Yahoo Second-Quarter Profit Drops as Spending Rises (Update3) Bloomberg A Cone of External Swirl for Yahoo New York Times International Herald Tribune - Barron’s - The Associated Press - Bizjournals.com all 2,066 news articles

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Earthtimes (press release)

Schwab taps new CEO, hikes dividend MarketWatch - 1 hour ago By Jonathan Burton & Shawn Langlois, MarketWatch In a boardroom shift that could complete a multiyear restructuring effort, the Charles Schwab Corp. NEWSMAKER-Retiring Schwab battled dyslexia, built brokerage Reuters Charles Schwab founder stepping down guardian.co.uk Bloomberg - Bizjournals.com - Wall Street Journal - Los Angeles Times all 81 news articles

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Boston Globe

Dolly a hurricane, but seen missing offshore oil rigs MarketWatch - 1 hour ago By Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Dolly reached hurricane status Tuesday afternoon, as the storm headed toward northern Mexico and was expected to jolt the very southern tip of Texas but veer away from critical oil facilities. Video: Texas Readies for a Hurricane Dolly AssociatedPress Oil falls $3 on economic worries CNNMoney.com Reuters - The Associated Press - Bizjournals.com - BusinessWeek all 4,230 news articles

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