Fannie Mae and Freddie Mac

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Freddie Mac to issue new 3-year reference notes

AP - Mon Nov 30, 10:45 am ET

Freddie Mac on Monday said it will issue a new three-year reference notes security.

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Gov't Increases Pressure on Mortgage Industry
The Memphis Daily News - Tue Dec 1, 1:15 am ET
WASHINGTON (AP) - Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking dow....
Fed moves to drain some money out of economy
11 News Houston - Mon Nov 30, 1:32 pm ET
The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that's been pumped into the economy during the financial crisis. WASHINGTON -- The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that’s been pumped into the economy during the financial crisis. The Federal Reserve Bank of ...
UPDATE: Obama Administration Turns Up Heat On Mortgage Servicers
Nasdaq - Mon Nov 30, 12:47 pm ET
WASHINGTON -(Dow Jones)- The Obama administration is increasing pressure on mortgage servicers to put more borrowers into permanent loan modifications in a bid to bolster its $75 billion foreclosure-prevention plan.
White House puts new pressure on mortgage lenders
Houston Chronicle - Mon Nov 30, 8:05 am ET
A report last week from the Mortgage Bankers Association found that 14 percent of homeowners with mortgages were either behind on payments or in foreclosure at the end of September, a record level for the ninth straight quarter.
Administration plans crackdown in foreclosure crisis
Newsday - Mon Nov 30, 12:11 pm ET
Feds plan to monitor and withhold payments to lenders who are not doing enough to help at-risk borrowers. Coming soon a Laggard List of Shame
Salvation Army seeks holiday help
Corsicana Daily Sun - Mon Nov 30, 8:44 pm ET
The seasonal red buckets that collect change for the Salvation Army are emptier this year, another victim of the economy.
Beacon Federal turns a profit in Q3
Central New York Business Journal - Mon Nov 30, 3:01 pm ET
DeWITT - Beacon Federal Bancorp, Inc. (NASDAQ: BFED) earned $1.4 million in the third quarter, turning around a loss of more than $8.4 million a year earlier.
Obama Administration Increases Heat On Mortgage Servicers
Nasdaq - Mon Nov 30, 11:32 am ET
WASHINGTON -(Dow Jones)- The Obama administration is stepping up its $75 billion foreclosure-prevention effort, increasing pressure on mortgage servicers to place more borrowers into permanent loan modifications.
Falling rents aid homeowners in mortgage trouble
Los Angeles Times - Mon Nov 30, 11:22 am ET
Southern Californians facing the loss of their homes are finding refuge in rentals. At larger apartment complexes, monthly rents have declined an average of 4.9% in the last year. Joyce Ann Cato is out of work and about to lose her San Bernardino home to foreclosure.
Feds increase pressure on mortgage industry
Rockford Register Star - Mon Nov 30, 2:26 pm ET
WASHINGTON — The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program. TODAY'S ECONOMIC NEWS Investors worry about holiday sales Online retailers rev up deals Fed fine tunes how it takes money from economy Gas prices 80 cents above ...
U.S. increases pressure on mortgage industry
The Sarasota Herald-Tribune - Mon Nov 30, 1:58 pm ET
The Associated Press The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program.
Fed Set to Drain Dollars to Ease Inflation Fears
KFWB News 980 Los Angeles - Mon Nov 30, 12:02 pm ET
The Federal Reserve said Monday that investors shouldn't over-analyze the timing of when the central bank will need to reverse course and start boosting interest rates.
Treasury Dept. says mortgage industry could be sanctioned for poor results in mortgage plan
Minneapolis-St. Paul Star Tribune - Mon Nov 30, 8:08 am ET
This is a small side note but worty of the topic.. Am I the only one that has been hammered by the credit card companys in the last month? Sure I'm responsible in using my cards, it's my … read more fault. I'm a great customer, and have NEVER been late on any financial obligation.
Erie County Real Estate Transactions
The Buffalo News - Mon Nov 30, 7:34 am ET
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Oct. 16.
Gov't increases pressure on mortgage industry
The Oregonian - Mon Nov 30, 11:50 am ET
The goal is to increase the rate at which troubled home loans are converted into new loans with lower monthly payments.