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Q&A: Freddie Mac and Fannie Mae
Summary from multiple countries, from articles in English
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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 12)
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 14)
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 18)
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 35)
Concern about rising defaults and foreclosures has cut the stock price of the two companies, but the fall turned into a rout early Friday, even though the Times said no government action is imminent. (article 24)
A Fed spokeswoman said the central bank had not talked with Fannie and Freddie about the emergency lending program. (article 25)
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Other stories about Fannie, Freddie and Mae:
Event tracking:
Story keywords
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Fannie, Freddie, Mae, companies, Mac |
Source articles
- Senate passes mortgage rescue plan (seattletimes.nwsource.com, 07/11/2008, 889 words)
- FOXNEWS.COM HOME > POLITICS (FOX News, 07/10/2008, 624 words)
- Fighting Foreclosure: Senate Passes $300 Billion Housing Rescue Bill (ABCNews, 07/11/2008, 394 words)
- By Large Margin, Senate Votes to Help Homeowners and Overhaul Loan Agencies (nytimes.com, 07/12/2008, 727 words)
- White House renews veto threat on housing bill (Washington Post, 07/11/2008, 239 words)
- Congress wrangles over bill to help fix mortgage mess (seattletimes.nwsource.com, 07/11/2008, 259 words)
- Congress wrangles over bill to help homeowners (Washington Post, 07/11/2008, 375 words)
- A look at key parts of House, Senate housing bills (Washington Post, 07/11/2008, 367 words)
- Stock decline as Fannie, Freddie fall sharply :: CHICAGO SUN-TIMES :: Business (suntimes.com, 07/11/2008, 7 words)
- FOXNEWS.COM HOME > BUSINESS (FOX News, 07/11/2008, 996 words)
- US seeks to calm investor fears (BBC News, 07/10/2008, 507 words)
- Worst Fears Ease, for Now, on Mortgage Giants’ Fate (nytimes.com, 07/12/2008, 870 words)
- Freddie, Fannie shares down on talk of gov't aid (seattletimes.nwsource.com, 07/11/2008, 875 words)
- Woes at Loan Agencies and Oil-Price Spike Roil Markets (nytimes.com, 07/12/2008, 799 words)
- Loan-Agency Woes Swell From a Trickle to a Torrent (nytimes.com, 07/11/2008, 711 words)
- U.S. Weighs Takeover of Two Mortgage Giants (nytimes.com, 07/11/2008, 774 words)
- Fannie, Freddie takeover possible (boston.com, 07/11/2008, 631 words)
- Putting Their Houses in Order (nytimes.com, 07/12/2008, 1190 words)
- Analysis: A new financial crisis at the worst time (boston.com, 07/11/2008, 779 words)
- White House presses Congress on Fannie-Freddie legislation (Washington Post, 07/11/2008, 295 words)
- US mortgage firms' shares slump (BBC News, 07/11/2008, 407 words)
- Key US mortgage lender goes bust (BBC News, 07/12/2008, 469 words)
- Q&A: Freddie Mac and Fannie Mae (BBC News, 07/11/2008, 370 words)
- Mortgage stocks cut losses in frantic NYSE trading (cbc.ca, 07/11/2008, 548 words)
- ABC News: Mortgage Giants to Stay in 'Current Form' (ABCNews, 07/11/2008, 317 words)
- Stock Markets Rally After Early Morning Sell-Off (Washington Post, 07/11/2008, 416 words)
- For Short Sellers, It Doesn’t Get Much Better (nytimes.com, 07/11/2008, 722 words)
- How Fallout Could Affect Main Street (nytimes.com, 07/12/2008, 1132 words)
- Stocks, dollar slide on latest credit crisis fear (Washington Post, 07/11/2008, 386 words)
- Investors dump stocks, push Dow briefly below 11,000 (seattletimes.nwsource.com, 07/11/2008, 289 words)
- ABC News: Dow Sinks Below 11k for 1st Time in 2 Yrs (ABCNews, 07/11/2008, 340 words)
- McCain: Mortgage giants can't be allowed to fail (seattletimes.nwsource.com, 07/10/2008, 225 words)
- McCain: "We Will Not Allow" Fannie and Freddie to Fail (CBS News, 07/10/2008, 187 words)
- McCain: Fannie and Freddie Can't Go Under (CBS News, 07/11/2008, 465 words)
- Fannie, Freddie concern renewed - (baltimoresun.com, 07/11/2008, 170 words)
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blaster@cs.columbia.edu
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