Bernanke: Fed will make profit on bailout
CNN Money - Mon Dec 7, 1:10 pm ETFederal Reserve chairman Ben Bernanke said Monday he's confident the Federal Reserve will make money on the trillions it has pumped into the economy since the start of 2008.
Fannie Mae and Freddie Mac
2435 Stories, most recent news story added Fri Dec 4, 9:42 pm ET
News Stories
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30-year rates fall to 4.71%, elicit mortgage applications
USA Today - Thu Dec 3, 9:44 pm ETMortgage rates fell to a historic low this week, spurring mortgage applications and possibly home sales. The 30-year-average dropped to 4.71%.
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Mortgage rates see near-rock bottom prices
KOB 4 Albuquerque - Fri Dec 4, 9:38 pm ETMany are calling it a buyer's market, but mortgage banker Debbie Bulcock of Albuquerque said gone are the days of the so-called "liar loans," when people didn't have to prove their income.
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The Week Ahead
The Salt Lake Tribune - Fri Dec 4, 8:26 pm ETConvention Calendar Today IEEE - USA Winter Vision Snowbird Planned attendance » 150 Runs through » Friday Friday US Speed Skating Utah Olympic Oval Planned attendance » 350 Runs through » Sunday -- Economic Calendar New economic
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Lawmakers to Alter FDIC-Backed Plan to Assess Secured Creditors
Bloomberg - Fri Dec 4, 12:26 am ETDec. 4 (Bloomberg) -- Financial market fears are spurring U.S. lawmakers to revise a proposal to put secured creditors in the crosshairs if a major financial institution fails and the government has to cover losses.
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Mortgage rates at record low
San Diego Union-Tribune - Fri Dec 4, 3:19 am ETThe rates, reported yesterday in the weekly Freddie Mac Primary Mortgage Market Survey, were down from last week’s 4.78 percent, which ties a record low set in April for 30-year, fixed-rate loans with a 20 percent down payment. The survey dates to 1971.
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The Bubble That's Refusing to Die
The Motley Fool - Fri Dec 4, 9:57 am ETThis market is like déjà-vu all over again.
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Treasury prices drop on oversupply concerns
AP via Yahoo! News - Thu Dec 3, 6:17 pm ETTreasury prices fell Thursday amid worries about an increase in debt supply.
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Mortgage rates hit lows, but will it last?
Chicago Tribune - Thu Dec 3, 11:13 pm ETAverage 30-year fixed loan at 4.71%, best on record and a boon for homebuyers and those looking to refinance Interest rates on the benchmark 30-year fixed-rate mortgage dipped to a 38-year low this week, giving consumers another reason to consider purchasing a home or refinancing their current one.
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Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due January 12, 2012
PR Newswire via Yahoo! Finance - Thu Dec 3, 11:49 am ETThe following is being issued by Fannie Mae :
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Housing mortgages drop to record low
WKTV Utica - Fri Dec 4, 9:42 pm ET(WKTV) - Good news this week for people looking to buy and sell houses. Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low.
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Insider Information You Can't Afford to Ignore
The Motley Fool - Fri Dec 4, 7:28 am ETIt could change everything – especially the value of your portfolio.
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Journal News outsources printing
The Journal News - Fri Dec 4, 3:45 pm ETThe Journal News will outsource its Harrison plant printing and packaging operations, beginning in March 2010. The announcement was made Thursday night by Michael J. Fisch, president and publisher, who said the company will also take steps to sell its 232,000-square-foot office and warehouse facilities and 25 acres of land, which are located at 1 Gannett Drive.
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Starwatch consumer | Mortgage rates reach a record low
The Kansas City Star - Thu Dec 3, 11:58 pm ETRecord low rates Mortgage rates for fixed 30-year loans in the U.S. dropped to a record low amid signs that the housing market is beginning to emerge from the worst slump since the 1930s. The rate fell to 4.71 percent for the week, the lowest since mortgage buyer Freddie Mac began compiling the data in 1971. The average 15-year rate was 4.27 percent.
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ALL BUSINESS: Help needed for underwater mortgages
INO News - Fri Dec 4, 2:14 pm ET(AP:NEW YORK) Stop paying your mortgage. At least that's the message from a University of Arizona law professor. Brent White's new paper argues just this tactic, and it is hitting a nerve as the nation's housing crisis enters its fourth year.
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Rates on 30-year mortgages set new record low
Ventura County Star - Fri Dec 4, 3:01 am ETWASHINGTON (AP) — The average interest rate for a 30-year mortgage dropped to a record low of 4.71 percent this week, pushed down by an aggressive government campaign to reduce borrowing costs.The rate, published Thursday by Freddie Mac , is the lowest since the mortgage finance company began tracking the data in 1971. The previous record of 4.78 percent was set during the week ending April 30 ...
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