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Nerves likely to cost you more than Fannie or Freddie -
Summary from multiple countries, from articles in English
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Since the credit markets seized up, Fannie and Freddie have regained their central role in mortgage finance after losing significant market share to investment banks during the housing boom. (article 19)
WASHINGTON - The House approved far-reaching government assistance on Wednesday for the nation's housing market, including broad authority for the Treasury Department to protect the nation's two largest mortgage finance companies from collapse. (article 11)
This is good news for Democrats trying to pass a housing rescue bill that would help thousands of struggling homeowners get into more affordable mortgages, with fixed-rates. (article 13)
Bill Gross the world's biggest bond fund, said the housing bill expected to be signed into law soon was " the best way to begin the long journey back to normalcy. (article 15)
WASHINGTON - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac. (article 7)
Nearly 10 million Americans, about one-fifth of all homeowners with mortgages, already have mortgage debts that exceed the value of their homes. (article 5)
The call came after Kuwait's minister of finance announced that the KIA was not planning to invest in their debt in future. (article 22)
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Other summaries about this story:
Other stories about mortgage, Freddie and Fannie:
Event tracking:
Story keywords
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mortgage, Freddie, Fannie, housing, Mac |
Source articles
- But for many consumers, plan offers modest benefits (boston.com, 07/24/2008, 417 words)
- Rescue plan for housing is on the way (seattletimes.nwsource.com, 07/24/2008, 161 words)
- A Housing Bill That Has Something for Nearly Everyone (nytimes.com, 07/25/2008, 1326 words)
- News for Dallas, Texas (dallasnews.com, 07/24/2008, 758 words)
- A Home Price Firewall (Washington Post, 07/23/2008, 719 words)
- HOU$ING HELP ON FAST TRACK (NY Post, 07/24/2008, 216 words)
- House OKs rescue for homeowners, Freddie, Fannie (seattletimes.nwsource.com, 07/23/2008, 856 words)
- FOXNEWS.COM HOME > POLITICS (FOX News, 07/23/2008, 1041 words)
- House OK's housing rescue bill (boston.com, 07/24/2008, 479 words)
- Rescue plan for housing is on the way (seattletimes.nwsource.com, 07/24/2008, 951 words)
- House Approves Sweeping Effort to Help Housing (nytimes.com, 07/24/2008, 1158 words)
- ABC News: Rescue of Mortgage Giants Could Hit $25 Billion (ABCNews, 07/22/2008, 360 words)
- Boston Real Estate (boston.com, 07/24/2008, 249 words)
- Housing rescue bill passed in US (BBC News, 07/24/2008, 510 words)
- Senate on course to vote Saturday on housing bill (Washington Post, 07/24/2008, 661 words)
- Price to bail out Fannie, Freddie is a bit hazy (seattletimes.nwsource.com, 07/23/2008, 740 words)
- A Time for Urgency (nytimes.com, 07/23/2008, 647 words)
- Senate dispute stalls housing rescue plan (boston.com, 07/25/2008, 216 words)
- The New York Times (topics.nytimes.com, 07/25/2008, 251 words)
- As Loan Giants Are Inspected, Bush Prods Congress (nytimes.com, 07/22/2008, 1062 words)
- Sweeping legislation that offers help for every gr... (baltimoresun.com, 07/24/2008, 295 words)
- Attachés act to calm jitters on agency debt (ft.com, 07/23/2008, 620 words)
- Nerves likely to cost you more than Fannie or Freddie - (baltimoresun.com, 07/25/2008, 740 words)
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blaster@cs.columbia.edu
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