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Saturday, July 12, 2008
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timesonline.co.uk
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washingtonpost.com

(1 article)








Q&A: Freddie Mac and Fannie Mae
Summary from United States, from articles in English
WASHINGTON - A day that began with a stomach-churning drop in stock prices for the two largest mortgage finance companies ended with a measure of relief, after government officials and lawmakers managed to calm investors worried about the health of the two companies. (article 11) I. Even after a week of unprecedented losses, the companies' declines early Friday were the sharpest yet: Freddie Mac shares were down more than 50 percent early in the day before paring their losses in the afternoon. (article 13) Wall Street analysts disagree over how high the companies' losses will mount as home prices decline further and foreclosures grow, an outcome that depends on the course of the housing market and the broader economy. (article 17) NEW YORK - Fresh concerns about the troubled housing and mortgage markets were triggered yesterday by speculation that the government will be forced to bail out Fannie Mae and Freddie Mac (article 30) Shares of Fannie Mae and Freddie Mac sank, then recovered somewhat, on a gut-wrenching Friday as investors tried to ascertain whether the government will soon intervene to shore up confidence in the troubled mortgage finance companies. (article 12) A Fed spokeswoman said the central bank had not talked with Fannie and Freddie about the emergency lending program. (article 20)

Other summaries about this story:
  • Summary from multiple countries, from articles in English (35 articles) [compare]
  • Summary from Canada, from articles in English (1 articles) [compare]
  • Summary from the United Kingdom, from articles in English (4 articles) [compare]

  • Other stories about Fannie, Freddie and Mae:
  • Shares of Lehman Brothers Take a Beating (4 articles)

  • Event tracking:
  • Track this story's development in time

  • Story keywords
    Fannie, Freddie, Mae, companies, Mac

    Source articles
    1. Senate passes mortgage rescue plan (seattletimes.nwsource.com, 07/11/2008, 889 words)
    2. FOXNEWS.COM HOME > POLITICS (FOX News, 07/10/2008, 624 words)
    3. Fighting Foreclosure: Senate Passes $300 Billion Housing Rescue Bill (ABCNews, 07/11/2008, 394 words)
    4. By Large Margin, Senate Votes to Help Homeowners and Overhaul Loan Agencies (nytimes.com, 07/12/2008, 727 words)
    5. White House renews veto threat on housing bill (Washington Post, 07/11/2008, 239 words)
    6. Congress wrangles over bill to help fix mortgage mess (seattletimes.nwsource.com, 07/11/2008, 259 words)
    7. Congress wrangles over bill to help homeowners (Washington Post, 07/11/2008, 375 words)
    8. A look at key parts of House, Senate housing bills (Washington Post, 07/11/2008, 367 words)
    9. Stock decline as Fannie, Freddie fall sharply :: CHICAGO SUN-TIMES :: Business (suntimes.com, 07/11/2008, 7 words)
    10. FOXNEWS.COM HOME > BUSINESS (FOX News, 07/11/2008, 996 words)
    11. Worst Fears Ease, for Now, on Mortgage Giants’ Fate (nytimes.com, 07/12/2008, 870 words)
    12. Freddie, Fannie shares down on talk of gov't aid (seattletimes.nwsource.com, 07/11/2008, 875 words)
    13. Woes at Loan Agencies and Oil-Price Spike Roil Markets (nytimes.com, 07/12/2008, 799 words)
    14. Loan-Agency Woes Swell From a Trickle to a Torrent (nytimes.com, 07/11/2008, 711 words)
    15. U.S. Weighs Takeover of Two Mortgage Giants (nytimes.com, 07/11/2008, 774 words)
    16. Fannie, Freddie takeover possible (boston.com, 07/11/2008, 631 words)
    17. Putting Their Houses in Order (nytimes.com, 07/12/2008, 1190 words)
    18. Analysis: A new financial crisis at the worst time (boston.com, 07/11/2008, 779 words)
    19. White House presses Congress on Fannie-Freddie legislation (Washington Post, 07/11/2008, 295 words)
    20. ABC News: Mortgage Giants to Stay in 'Current Form' (ABCNews, 07/11/2008, 317 words)
    21. Stock Markets Rally After Early Morning Sell-Off (Washington Post, 07/11/2008, 416 words)
    22. For Short Sellers, It Doesn’t Get Much Better (nytimes.com, 07/11/2008, 722 words)
    23. How Fallout Could Affect Main Street (nytimes.com, 07/12/2008, 1132 words)
    24. Stocks, dollar slide on latest credit crisis fear (Washington Post, 07/11/2008, 386 words)
    25. Investors dump stocks, push Dow briefly below 11,000 (seattletimes.nwsource.com, 07/11/2008, 289 words)
    26. ABC News: Dow Sinks Below 11k for 1st Time in 2 Yrs (ABCNews, 07/11/2008, 340 words)
    27. McCain: Mortgage giants can't be allowed to fail (seattletimes.nwsource.com, 07/10/2008, 225 words)
    28. McCain: "We Will Not Allow" Fannie and Freddie to Fail (CBS News, 07/10/2008, 187 words)
    29. McCain: Fannie and Freddie Can't Go Under (CBS News, 07/11/2008, 465 words)
    30. Fannie, Freddie concern renewed - (baltimoresun.com, 07/11/2008, 170 words)




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