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Fannie Mae may seek more aid; tax credit decision could cost $5.2B

USA Today - Mon Nov 9, 6:55 pm ET

Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.

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Rcihard White: For board to limit rentals, a document requirement or amendment to documents is needed
Naples Daily News - 1 hour 3 minutes ago
Q. My condominium association recently passed a policy on limiting the number of rentals to a percentage. With the current economy, I think this policy makes no sense, especially for owners trying to keep up with their mortgage payments and association maintenance fees. Does the board have the right to enforce the policy if it means putting an owner in danger of loosing their home by not being ...
The Black EOE Journal Releases Results of the 2009 Best of the Best Diversity Survey
PR Newswire via Yahoo! Finance - 1 hour 13 minutes ago
The Black EOE Journal released the results of its much-anticipated 2009 survey of the nation's Top Diversity Corporations in over a dozen business categories.
Florida's Existing Home, Condo Sales Rise in 3Q 2009
PR Newswire via Yahoo! Finance - 2 hours 29 minutes ago
Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®.
Existing-Home Sales Surge in Many States in Third Quarter, Metro Prices Moderating
Marketwire - Tue Nov 10, 10:08 am ET
WASHINGTON, DC--(Marketwire - November 10, 2009) - Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors®. Total state existing-home sales, including single-family and condo, increased 11.4 percent to a seasonally adjusted annual rate of 5.30 million ...
Annaly Capital Management Announces Monthly Commentary for October
Business Wire via Yahoo! Finance - Tue Nov 10, 9:25 am ET
NEW YORK----Annaly Capital Management, Inc. released its monthly commentary for October. Through its monthly commentary and blog, Annaly Salvos on the Markets and the Economy , Annaly expresses its thoughts and opinions on issues and events in the financial markets.
Fannie Mae Redemption
PR Newswire via Yahoo! Finance - Tue Nov 10, 9:00 am ET
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Freddie Mac Lowers Net Loss
Zacks.com via Yahoo! Finance - Tue Nov 10, 7:31 am ET
Freddie Mac's third quarter net loss came in at $1.94 per share, compared to a net loss of 11 cents in the prior quarter
Be a Penny Stock Millionaire!
The Motley Fool - Tue Nov 10, 7:27 am ET
The story of Wal-Mart's rise from a $21.5 million capitalization.
Lakes Region Business Briefs
The Citizen of Laconia - Tue Nov 10, 6:16 am ET
LACONIA — Laconia Area Community Land Trust's HomeBuyer Resource Center Franklin Savings Bank are teaming up to present a free seminar for people considering buying their first home and for anyone interested in learning about the home buying process.
Fannie Mae may need more federal aid
Denver Post - Tue Nov 10, 3:24 am ET
Fannie Mae said Monday it might have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
Business Briefly: L.A. man gets prison for repackaging Boeing 737 plane parts
Everett Herald - Tue Nov 10, 3:11 am ET
A Los Angeles businessman has been sentenced to 2 1/2 years in federal prison for selling uncertified aircraft manufacturing parts that were used to make Boeing 737 airplanes.
Feds close bank with Napa branch
Napa Valley Register - Tue Nov 10, 2:21 am ET
Visitors to the Napa branch of Pacific National Bank customers were in for a surprise this week when they saw a new name on bank doors.
Why The Pursuit Of Innovation Usually Fails
Forbes - Tue Nov 10, 1:42 am ET
It's not what we're trained for as leaders or how our businesses are set up to work.
Business briefs
New York Post - Tue Nov 10, 1:20 am ET
EA cuts Electronic Arts plans to eliminate 1,500 jobs and close several facilities after reporting its 11th straight quarterly loss. The maker of "Madden NFL" reported its sec ond-quarter loss widened to $391 million, or $1.21 a share, from a loss ...
Tax Credit Decision Could Cost $5.2 Billion
The Memphis Daily News - Tue Nov 10, 1:02 am ET
WASHINGTON (AP) - Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion ....