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July 25 (Bloomberg) -- Standard & Poor's affirmed the AAA ratings on the senior debt of Fannie Mae and Freddie Mac and said rankings on the subordinated debt may be cut.
Massive bill offers emergency financing to mortgage titans Fannie Mae and Freddie Mac, sets up $300B fund to help troubled homeowners.
WASHINGTON (Reuters) - Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae (FNM.N) and Freddie Mac (FRE.N), creating a new regulator for the mortgage titans and setting up a $300-billion fund to help troubled homeowners.
The Senate on Saturday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac.
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The 72-13 roll call Saturday by which the Senate passed a bill that aims to help homeowners facing foreclosure and to prevent mortgage companies Fannie Mae and Freddie Mac from failing.
The Senate on Saturday overwhelmingly passed a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government rescue plan for mortgage finance giants Fannie Mae and Freddie Mac.
WASHINGTON (Reuters) - The U.S. Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to Fannie Mae and Freddie Mac, creating a new regulator for the mortgage titans and setting up a $300 billion fund to help troubled homeowners.
Congress passes a housing rescue bill aimed at sparing 400,000 homeowners from foreclosure, and lifting troubled mortgage companies Fannie Mae and Freddie Mac.
The housing bill that Congress passed Saturday and sent to President Bush would: --Give the Federal Housing Administration $300 billion in new lending authority and relax standards to provide affordable, fixed-rate mortgages to an estimated 400,000 debt-ridden homeowners. Any losses would be covered by an affordable housing fund financed by Fannie Mae and Freddie Mac , the government-sponsored ...
Sens. John Sununu and Judd Gregg were on the winning side Saturday as the Senate approved a plan to help homeowners facing foreclosure and to save mortgage companies Fannie Mae and Freddie Mac .
Weekend Edition Saturday , July 26, 2008 ยท The Senate holds a special session on Saturday to push through legislation to provide lenders and buyers financial help. It would also offer investors renewed confidence in the mortgage giants Fannie Mae and Freddie Mac.
Standard & Poor?s said it might downgrade the subordinated bonds of Fannie Mae and Freddie Mac, surprising investors.
The U.S. House of Representatives late Wednesday passed a massive housing bill that includes a rescue plan for Fannie Mae and Freddie Mac.
Congress passed the most significant housing legislation in decades Saturday, offering help to struggling homeowners and seeking to stabilize a troubled housing market
The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac.
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