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 tax credit decision could cost $5.2 bln
Rocky Mount Telegram - Mon Nov 9, 4:11 pm ETWASHINGTON — Fannie Mae said Monday it may have to ask the governmentfor more financial assist...
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Treasury Blocks Fannie Mae Tax Credit Sale
WebCPA - Mon Nov 9, 4:25 pm ETThe government has nixed a plan for Fannie Mae to sell over $2.5 billion worth of low-income housing tax credits to Goldman Sachs and Warren Buffett s company Berkshire Hathaway.
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Treasury denies Fannie Mae tax credit plan
KING5 Seattle - Mon Nov 9, 3:07 pm ETWASHINGTON (AP) — Government controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $5 billion in low-income housing tax credits.
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About 650,000 U.S. homeowners in trial loan workouts
Reuters via Yahoo! News - 8 minutes agoMore than 650,000 homeowners have entered into trial loan modifications under President Barack Obama's plan to help the housing market, about one fifth of those eligible, the Treasury Department said on Tuesday.
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Stocks edges up on brighter corporate tone
Reuters via Yahoo! News - 9 minutes agoWall Street edged higher and the Dow touched a fresh 13-month high on Tuesday as several positive corporate announcements helped stocks extend gains.
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Carrier, farm group form new partnership in Hawaii
AP via Yahoo! News - 18 minutes agoThe Hawaii Farm Bureau Foundation and Aloha Air Cargo have formed a new partnership that they say "champions local farmers."
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Obama home rescue: 650,000 get help
CNN Money - 18 minutes agoSome 650,000 troubled borrowers have been put into trial loan modifications under the president's foreclosure rescue plan, the Treasury Department said Tuesday.
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U.S. Home Sales Rose 11% in Third Quarter on Federal Tax Credit
Bloomberg - 19 minutes agoNov. 10 (Bloomberg) -- U.S. home sales increased 11 percent in the third quarter as an $8,000 tax credit for first- time buyers boosted demand for entry-level properties.
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Housing plan reaches 1 in 5 borrowers
AP via Yahoo! News - 19 minutes agoAfter a slow start, the Obama administration's mortgage relief program has reached one in five eligible homeowners, a government report says.
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Carbon storage? Not under my house!
AP via Yahoo! News - 27 minutes agoThe people of this small Dutch town are not against pumping tons of carbon dioxide into the ground to fight global warming.
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Fed officials warn weak recovery won't spur jobs
AP via Yahoo! News - 42 minutes agoUnemployment likely will remain high for the next several years because the economic recovery won't be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday.
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Fed's Yellen sees risks to U.S. recovery
Reuters via Yahoo! News - 47 minutes agoThe U.S. economic recovery still faces many hurdles, including a persistently weak labor market and strained household budgets, Janet Yellen, President of the Federal Reserve Bank of San Francisco, said on Tuesday.
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Turnips, Lemons, and a New Contract With Finance
New York Times - 48 minutes agoAcross Europe, the financial regulators are getting louder in their criticisms of banks, not only for behavior that led to the financial crisis, but also more recent and ongoing activity.
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Caterpillar stock: Rising from the rubble
CNN Money - 48 minutes agoThe maker of big machinery soared as construction boomed and commodity prices skyrocketed, boosting mining and oil drilling. When the economy tanked, Caterpillar saw sales slump, leading to workforce and production cuts.
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Madoff items to be auctioned to reimburse victims
USA Today - 51 minutes agoIn the effort to raise money for victims of Bernard Madoff, an auction of items formerly owned by him will be in New York City Saturday.
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Real Estate Recovery?
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Wilbur Ross on Commercial Real Estate
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Expanded tax credit benefits more buyers
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Y! Answers: Renting and Real Estate
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Open Question: How can I buy a house for me and my daughter?
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Open Question: im living in a rented house and since i paid my rent and my deposit the agency is not caring after the house.?
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Open Question: I live in VA and I signed a month-month lease.?
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