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.
Among the companies whose shares are expected to actively trade in Monday's session are Compugen Ltd. (CGEN), Freddie Mac (FRE) and RadioShack Corp. (RSH).
It's been a little more than a year since the nation's economic downturn. Everything from Wall Street to Main Street has been affected. So how are you doing? In her special report, Lauren Hanson examines the housing market... one year later.
Fannie Mae has announced a new program designed to help homeowners who are facing foreclosure. The government-controlled company is giving homeowners at risk of foreclosure the option of renting their homes.
Teach your kids financial lessons with these games. Congress expands homebuyer tax credit beyond first-timers; Fannie Mae rents out foreclosures. Are you a champ at cutting costs? Enter your tip in our Frugal $ense contest to be eligible to win $100. There’s a new winner every month.
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Sept. 25.
Among the companies whose shares are expected to actively trade in Monday's session are Freddie Mac (FRE) and RadioShack Corp. (RSH).
Goldman Sachs had proposed to pay cash for Fannie Mae’s tax credits, which are tied to investments in affordable housing.
Nov. 9 (Bloomberg) -- It’s a, well, golden opportunity. Investor Jim Rogers thinks gold will double to at least $2,000 an ounce. Economist Nouriel Roubini says that’s “utter nonsense.”
CNBC: On the way down and on the way up, home prices always lag sales, but they may be beginning to catch up. A new report from Zillow.com finds home values stabilized in the third quarter of this year, as sales of new and existing homes grew.
By 10qk. Banner Corp. ( BANR ) filed Quarterly Report for the period ended 2009-09-30. Read more » »
Freddie Mac , the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in housing.
Abstract: Gold, small caps and the U.S. dollar have had a stable three-way relationship for the better part of the 2009 rally. Now the three could be parting ways.
Indicators MONDAY Nothing scheduled. TUESDAY Labor Department releases job openings and labor turnover survey for September. WEDNESDAY Veterans Day. Bond markets closed. THURSDAY Labor Department releases weekly jobless claims. Treasury releases federal budget for October. Freddie Mac releases weekly mortgage rates.
The government says that Fannie Mae's proposed sale of tax credits to Goldman Sachs would result in a net loss for taxpayers.
To evaluate our progress toward recovery we should revisit root causes, the sector that began the collapse - real estate. We're thinking Somebody is to blame for this economic mess. And we're right. It's us. Like Pogo said, "We have met the enemy, and he is us." We elected Republican and Democratic Congresses that passed bills, as well as Democratic and Republican presidents who signed them into ...