Archive for August 20th, 2008


Boston Globe
FDIC Faces Balancing Act in Replenishing Its Coffers
Wall Street Journal - 39 minutes ago
By DAMIAN PALETTA WASHINGTON — As financial institutions continue to fail, the Federal Deposit Insurance Corp. is under pressure to decide how to replenish the fund that insures consumer deposits.
FDIC Restructuring Some IndyMac Loans Washington Post
FDIC Rides To Rescue Of IndyMac Borrowers Forbes
Bloomberg - CNNMoney.com - Los Angeles Times - Reuters
all 281 news articles

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The Money Times
Prescriptions for Fannie and Freddie
New York Times - 1 hour ago
By VIKAS BAJAJ As policy makers work to ease the strain on the mortgage giants Fannie Mae and Freddie Mac, a consensus is emerging that the two companies will have to look substantially different in the long term.
Investor Jitters Deflate Fannie, Freddie Shares Washington Post
Mortgage Rates for Best Borrowers Rise as Home-Loan Bonds Slump Bloomberg
Forbes - MarketWatch - Conde Nast Portfolio
all 1,642 news articles

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New York Daily News
New York Mayor Sees Conservation as Main Path to Energy Savings
Bloomberg - 1 hour ago
By Christopher Martin Aug. 21 (Bloomberg) — New York City will likely benefit more from energy efficiency and conservation than mounting wind turbines on city skyscrapers and bridges.
Bloomberg Calls for Alternative Energy Washington Post
Architects and Engineers Express Doubt About Bloomberg’s Windmill New York Times
Forbes - BusinessWeek - CNN - New York Daily News
all 166 news articles

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Notables Voice Their Prescriptions for Fannie and Freddie
New York Times - 1 hour ago
By VIKAS BAJAJ As policy makers work to ease the strain on the mortgage giants Fannie Mae and Freddie Mac, a consensus is emerging that the two companies will have to look substantially different in the long term.
Investor Jitters Deflate Fannie, Freddie Shares Washington Post
Fannie, Freddie shares dive on bailout fears, bonds up Reuters
Bloomberg - Forbes - MarketWatch - CNBC
all 2,001 news articles

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Wall Street Journal Blogs
Fannie, Freddie shares dive on bailout fears, bonds up
Reuters - 35 minutes ago
By Lynn Adler NEW YORK (Reuters) - Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out
Fannie, Freddie Under The Microscope Forbes
Freddie, Fannie plunge, broader sector ends higher MarketWatch
Barron’s - CNNMoney.com - The Associated Press - BBC News
all 2,031 news articles

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The Money Times
United States - * Fannie, Freddie shares tumble on bailout fears
Forbes - 1 hour ago
By Lynn Adler NEW YORK (Reuters) - Fannie Mae (nyse: FNM - news - people ) and Freddie Mac (nyse: FRE - news - people ) shares plunged to their lowest levels in almost 20 years Wednesday, while the mortgage companies' bonds rallied on the belief that
Freddie, Fannie plunge, broader sector ends higher MarketWatch
TREASURIES-Bonds surge as Fannie, Freddie hit ground floor Reuters
The Associated Press - BBC News - CNBC - Wall Street Journal Blogs
all 1,923 news articles

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The Money Times
Street Split On Fannie-Freddie Turmoil
Forbes - 1 hour ago
Wednesday was a day of fits and starts on Wall Street, and even though stocks finished positive, the doom and gloom of the past two sessions was hardly brushed aside.
Fannie Mae, Freddie Mac shares plummet BusinessWeek
TREASURIES-Bonds surge as Fannie, Freddie hit ground floor Reuters
BBC News - CNBC - The Associated Press - Wall Street Journal Blogs
all 1,509 news articles

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Yahoo
FDIC to offer better terms on thousands of IndyMac mortgages
MarketWatch - 2 hours ago
By Wallace Witkowski SAN FRANCISCO (MarketWatch) — The Federal Deposit Insurance Corp. said Wednesday it will offer thousands of homeowners with bad IndyMac-originated mortgages better terms to rehabilitate the loans.
IndyMac borrowers to get relief CNNMoney.com
FDIC has rescue plan for distressed IndyMac mortgages Bizjournals.com
Reuters - The Associated Press - ABA Journal - Imperial Valley News
all 163 news articles

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ABC News
US MBA's Mortgage Applications Index Fell 1.5% (Update1)
Bloomberg - 4 hours ago
By Timothy R. Homan Aug. 20 (Bloomberg) — Mortgage applications in the US declined last week to the lowest level since December 2000, further evidence that the housing market has yet to reach bottom, as fewer homeowners sought to refinance their loans
Mortgage applications drop to lowest level in 8 years Bizjournals.com
New low for mortgage applications BloggingStocks
MarketWatch - The Associated Press - International Herald