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Tuesday, August 05, 2008
Tri-Valley Herald, CA -
By Dan Levy and Daniel Taub California led the US into the worst housing recession since the 1930s. Now the most populous state may be the first to find the bottom. In Stockton, the U.S. metro area with the highest foreclosure rate, home sales more than doubled ... -
Tuesday, August 05, 2008
Earthtimes (press release), UK -
2036 10/1 Adjustable rate residential mortgages 74,0181,237 75255 1956.8% Sept 2036 Commercial loan 7464- 7464 1 21.0%- Leveraged loans 857522 (4487) ... -
Wednesday, August 06, 2008
Centre Daily Times, PA -
The Bank's higher levels of single family non-accrual loans are the result of the large numbers of adjustable rate mortgages that faced a recast of their payment amount in the latter part of 2007 and early 2008. Non-accrual single family loans increased to $491.7 million ... -
Tuesday, August 05, 2008
MarketWatch -
By Robert Schroeder, MarketWatch WASHINGTON (MarketWatch) -- Mortgage-buying giant Fannie Mae is expected to report a second-straight quarterly loss, a reflection of how the nation's housing market remains in a fragile state. ... -
Tuesday, August 05, 2008
Bloomberg -
By Jody Shenn Aug. 5 (Bloomberg) -- Fannie Mae, the largest US mortgage- finance company, will raise a fee it charges lenders to buy their mortgages or ... -
Tuesday, August 05, 2008
Forbes, NY -
AP 08.05.08, 4:27 PM ET Freddie Mac reports second-quarter earnings Wednesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The second-largest U.S. financier and guarantor of home mortgages, McLean, Va.-based Freddie Mac endured ... -
Tuesday, August 05, 2008
The Associated Press -
WASHINGTON (AP) — The Treasury Department says it has awarded a contract to investment firm Morgan Stanley to help the government assess the risks facing mortgage giants Fannie Mae and Freddie Mac. The $95,000 contract, announced on Tuesday, will assess the state of ... -
Tuesday, August 05, 2008
TheStreet.com -
Morgan Stanley MS has been hired by the Treasury Department to advise the agency in its effort to ensure government-sponsored mortgage buyers Fannie Mae FNM ... -
Tuesday, August 05, 2008
The Associated Press -
WASHINGTON (AP) — The Treasury Department said Tuesday it had hired investment firm Morgan Stanley to help the government assess the risks facing mortgage giants Fannie Mae and Freddie Mac. For $95,000 to cover the company's expenses, Morgan Stanley will assess the ... -
Tuesday, August 05, 2008
MarketWatch -
By Greg Robb WASHINGTON (MarketWatch) -- The Treasury Department announced Tuesday that it has hired Morgan Stanley to analyze Fannie Mae and Freddie Mac. In a short statement, the department said Morgan's services would include "a sensitivity analysis on the financial profile of ...
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Tuesday, August 05, 2008
Reuters -
The Treasury said Morgan Stanley won a competitive bid process to conduct a "sensitivity analysis" of the government-sponsored enterprises' financial ... -
Tuesday, August 05, 2008
Bloomberg -
By Rebecca Christie Aug. 5 (Bloomberg) -- The US Treasury today said it hired Morgan Stanley to study the department's new authority over Fannie Mae and ... -
Tuesday, August 05, 2008
CNNMoney.com -
By Tami Luhby, CNNMoney.com senior writer NEW YORK (CNNMoney.com) -- The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac. Treasury Secretary Henry ... -
Tuesday, August 05, 2008
Wall Street Journal Blogs, NY -
You can’t put a price on patriotism. But if you did, you would want to aim at around $95000. That is the modest amount Morgan Stanley is charging the US ... -
Tuesday, August 05, 2008
Washington Post, United States -
By David Lawder WASHINGTON (Reuters) - The Treasury said on Tuesday it hired Morgan Stanley (MS.N) to advise it on whether housing finance giants Fannie Mae and Freddie Mac are adequately capitalized as the government tries to determine how it would ... -
Tuesday, August 05, 2008
Reuters -
By David Lawder WASHINGTON (Reuters) - The Treasury said on Tuesday it hired Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) to advise it on whether housing finance giants Fannie Mae (FNM.N: Quote , Profile , Research , Stock ... -
Tuesday, August 05, 2008
Wall Street Journal Blogs, NY -
The Treasury Department, which recently received authority to help shore up Fannie Mae and Freddie Mac, hired Morgan Stanley to provide "market analysis and ... -
Wednesday, August 06, 2008
Boston Globe, United States -
NEW YORK - Fannie Mae, the largest US mortgage-finance company, will raise a fee it charges lenders to buy their mortgages or guarantee home-loan securities , a move that may increase costs for borrowers. Fannie Mae's "adverse market delivery charge," introduced this year for ... -
Wednesday, August 06, 2008
Los Angeles Times, CA -
---"We’re not serious, but if we were . . .": The Treasury Department keeps telling us it has no plans to pump taxpayers’ dollars into struggling mortgage giants Fannie Mae and Freddie Mac , even though it persuaded Congress ... -
Wednesday, August 06, 2008
Reuters -
By Lynn Adler NEW YORK (Reuters) - Fannie Mae is raising some fees on mortgage loans its purchases, marking the fourth increase in nearly a year, to reflect higher credit risk and offset losses from continuing market deterioration. The steady..."; ...
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