House OKs rescue for homeowners, Freddie, Fannie (AP via Yahoo! Singapore News)
Posted July 24, 2008 
Comments(0) House OKs rescue for homeowners, Freddie, Fannie (AP via Yahoo! Singapore News)
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. The 272-152 vote reflected a congressional push to send election-year help to struggling borrowers and to reassure jittery financial markets about the health of two pillars of the …
Bank investors redefine bad news - International Herald Tribune
 Reuters |
Bank investors redefine bad news
International Herald Tribune, France - Delinquencies on auto, credit cards, and home equity loans have worsened across the industry. Even affluent people with sterling credit scores are falling … Credit-card firms replace regionals as top fear Wachovia, other US banks post dismal results Wachovia, other US banks post dismal results |
House OKs rescue for homeowners, Freddie, Fannie (San Francisco Chronicle)
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. The 272-152 vote reflected a congressional push to…
House passes housing market rescue bill (Billings Gazette)
WASHINGTON - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and supporting troubled mortgage companies Fannie Mae and Freddie Mac.
TCF results a reminder credit crisis not yet gone - Minneapolis Star Tribune
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TCF results a reminder credit crisis not yet gone
Minneapolis Star Tribune, MN - A year ago, loan loss provisions stood at $13 million. "It's a good management doing the right thing, but playing a bad hand," Ryan said. … |
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Secured loans
This is Money, UK - They are an expensive option but, if other avenues of credit have dried up, you need a large sum of money over a long repayment period, or you have a bad … |
Ailing WaMu says it's making headway - Seattle Times
 CNBC |
Ailing WaMu says it's making headway
Seattle Times, United States - So far this year, WaMu has set aside $9.4 billion to cover the future cost of loans that go bad; Killinger said he expects such set-asides to peak this year … WaMu Falls After Failing to Convince All Analysts on Capital Washington Mutual posts 2Q loss of $3.3 billion More Pain May Lie Ahead For WaMu |
HSBC losses widen in U.S. credit market Bank sets aside $3.4 billion for bad loans
Julia Werdigier The New York Times Media Group International Herald Tribune 11-15-2007 HSBC losses widen in U.S. credit market Bank sets aside $3.4 billion for bad loans Byline: Julia Werdigier The New York Times Media Group Edition: 5 Section: FINANCE/BUSINESS LONDON — HSBC Holdings warned
Publication: International Herald Tribune
White House credit union has high rate of bad loans
WASHINGTON — The White House Federal Credit Union has a bad-loan record worse than 83 percent of similar institutions, which could prove embarrassing in light of President Bush’s criticism of congressmen who overdrew their accounts at the House Bank. According to a report released yesterday under
Publication: The Boston Globe
Credit Cards: How to Protect Your Limits - BusinessWeek
 BBC News |
Credit Cards: How to Protect Your Limits
BusinessWeek - Although it seems like easy free money, credit cards are actually short-term loans that often have steep monthly interest charges. … American Express feels consumers' pain Five Things You Need to Know: American Express Tastes New Water American Express Sinks as Visa, MasterCard Thrive: Chart of Day |
House OKs mortgage rescue (CNN Money)
The House on Wednesday voted 272-152 to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support behind mortgage finance giants Fannie Mae and Freddie Mac.
Credit Cards: How to Protect Your Limits (BusinessWeek)
To lower their overall default risk and protect profits, some card issuers may reduce your credit limit. Here are tips for keeping it steady
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