Mortgage and Financial News From 2008-7-11 Page 14
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Owner: Jags not for sale, not relocating to LA (Philly.com)
Jacksonville Jaguars owner Wayne Weaver is refinancing debt, considering taking on a financial partner, and struggling to sell tickets and secure a stadium naming rights deal.
2008-07-11 01:29:45 -
Treasuries Fall on Speculation U.S. to Support Fannie, Freddie - Bloomberg
July 11 (Bloomberg) -- Treasuries fell the most in three weeks after the New York Times said the U.S. may take over Fannie Mae and Freddie Mac if they keep deteriorating. Notes slid and Asian stocks rallied as the newspaper reported the government ...
2008-07-10 11:47:00 -
Housing giants feel new trauma (Minneapolis-St. Paul Star Tribune)
Home mortgage companies Fannie Mae and Freddie Mac saw their stock plunge, setting off speculation about their future.
2008-07-10 09:23:34 -
Rates on 30-year mortgages rise, other rates mixed (The Times of Northwest Indiana)
WASHINGTON | Rates on 30-year mortgages edged up this week, while rates on other home loans were a mixed bag.
2008-07-10 11:03:44 -
Calm urged as U.S. home lenders spiral (The Globe and Mail)
WASHINGTON — Top U.S. government officials rushed to reassure investors yesterday that mortgage giants Fannie Mae and Freddie Mac are financially sound amid persistent fears that another major financial institution may soon go bust.
2008-07-10 11:05:35 -
Calm urged as U.S. home lenders spiral (The Globe and Mail)
Fannie and Freddie's plunge a sign credit crisis is deepening; Bernanke, Paulson reassure investors
2008-07-10 11:19:26 -
Australian Central Bank Unlikely to Raise Rates, Futures Show (Bloomberg.com)
July 11 (Bloomberg) -- Australia's central bank probably won't raise interest rates for a third time this year after Commonwealth Bank of Australia, the nation's largest lender, increased its costs for borrowers, futures trades show.
2008-07-11 12:29:50 -
US considers takeover of Fannie Mae, Freddie Mac (Mail and Guardian)
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2008-07-11 12:34:06 -
A Trickle That Turned Into a Torrent (NYTimes.com via Yahoo! Finance)
A trickle of worries about Freddie Mac and Fannie Mae, which has been slowly building for years, has suddenly become a torrent.
2008-07-11 12:36:57 -
Concern rises for lending giants (The Arizona Republic)
Shares of Fannie Mae and Freddie Mac, two pillars of the nation's housing market, continued to plummet Thursday as investors and federal officials contemplated the possibility that the giants of the mortgage business could require a federal bailout.
2008-07-11 12:41:15