Fannie Mae may seek more aid; tax credit decision could cost $5.2B
USA Today - Mon Nov 9, 6:55 pm ETFannie 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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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.
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 ....
There was a lot of news on the real estate front last week. You probably heard that President Barack Obama signed a bill extending and expanding the $8,000 tax credit for first-time homebuyers.
Nov. 9 (Bloomberg) -- Japanese investors who lived through a decade of deflation and recessions say U.S. Treasuries are a bargain even with yields at about the lowest levels since at least the 1960s.
Nov. 9 (Bloomberg) -- U.S. home-loan bonds without government backing slumped after almost three months of gains, as supply overwhelmed demand amid concern that the housing market hasn’t bottomed.
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.
WASHINGTON Fannie Mae says it might need still more
Nov. 8 (Bloomberg) -- Shares of the following companies may have unusual moves in U.S. trading tomorrow. Stock symbols are in parentheses. Altria Group Inc.
Nov. 9 (Bloomberg) -- Tishman Speyer Properties LP and BlackRock Realty , the owners of Manhattan’s Stuyvesant Town- Peter Cooper Village, moved closer to restructuring $3 billion in debt on the apartment complex as the property verges on default, Fitch Ratings said.
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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.
CLEVELAND -- Fannie Mae has announced a new program to help homeowners stay in their house, even if it has been repossessed by the bank.
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The federal government has assured us that they have been working tirelessly to fix our economy, employing such effective measures as spending money on tattoo removal for former inmates and renovating campground lavatories. We have all been told what is to blame for the financial crisis-unscrupulous lenders motivated by greed and “deregulation.” These convenient excuses [...]
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.