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Fannie Mae will redeem the principal amount indicated for the following securities issue on the redemption date indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Lounging in his giant conference room in an otherwise bland office suite near Long Island's Nassau Coliseum, Lewis Ranieri cultivates the image of a worldly philosopher. The 62-year-old financier prides himself on being a big thinker who conjures elegant solutions to epic problems.
Barney Frank blows up at people. It’s what he does.
As you try to figure out how to put your money to work in a market that veers from depression to mania, you're confronted with two opposing facts that lead to opposing investing strategies.
Dec. 9 (Bloomberg) -- A Treasury program to avert home loan defaults isn’t helping enough troubled borrowers, said the chairwoman of a congressional panel overseeing the U.S. financial bailout program.
Dec. 9 (Bloomberg) -- American International Group Inc. general counsel Anastasia Kelly , who threatened to quit over government-imposed pay limits, may depart as early as this month, said three people familiar with the matter.
More than three years into a painful housing crash, the real estate market has sent recent-albeit tentative-signs of stabilization.
James P. Gorman, who will become chief executive on Jan. 1, is moving to position the bank to better compete against its Wall Street rivals.
Dec. 9 (Bloomberg) -- Federal Reserve Governor Elizabeth Duke said investor interest in vacant housing is rising in some markets in California as speculation mounts that prices have bottomed.
Join the Inside Value team to talk stocks, valuations, and what to expect next.
We've danced around some delicate topics through the years; subjects that many didn't want to hear, much less accept, writes Todd Harrison.
Executives for mortgage companies and government officials faced an angry congressional committee Tuesday concerning some of the problems with the Obama administration's mortgage-aid program aimed at avoiding foreclosures.
Fannie Mae: Three- and six-month benchmark bills are auctioned on a weekly basis. One-year bills are auctioned once a month. Every Monday, an announcement is made and on Wednesday the auctions are held. Settlement usually scheduled for Wednesday or Thursday.
WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m. WASHINGTON _ Commerce Department releases international trade for October, 8:30 a.m.
Dec. 8 (Bloomberg) -- The mortgage “cram-down” bill that stalled in Congress earlier this year will be attached to broader legislation and voted on this week, House Financial Services Committee Chairman Barney Frank said.
Dec. 8 (Bloomberg) -- Anastasia Kelly , the general counsel of American International Group Inc. who threatened to quit over government-imposed pay limits, may depart as early as this month, said three people familiar with the matter.
