US Mortgage

Obama Must Tackle Fannie, Freddie’s Ambiguous Federal Backing
Bloomberg - 7
Washington-based Fannie and McLean, Virginia-based Freddie are the largest US mortgage -finance companies, owning or guaranteeing more than 40 percent of the …

Euro Falls Against Dollar Before Jobless, Retail Sales Data
Bloomberg - 9
The dollar slumped to a 13-year low of 87.14 yen last year as $1 trillion in losses on US mortgage -related securities worldwide prompted Japanese investors …

The Fed appoints Investment Managers to manage mortgage -backed …
Proactive Investors USA & Canada - 23
The objective is to keep mortgage rates low. Year 2008 saw a dramatic collapse of US mortgage finance which sparked widespread write-downs and massive …
Non-Agency Mortgage Bonds Rallied as Rates Declined Bloomberg
New York Fed starts buying mortgage -backed securities International Herald Tribune
RPT-UPDATE 2-Fed buys MBS in latest unconventional move Reuters
EasyBourse.com  - BusinessWorld Online
all 210 news articles

US lenders push for court control of mortgage modification
Money Marketing, UK - 3
US mortgage lender Citigroup, along with several other large providers are in talks with the US Attorney to allow judges to modify mortgages in bankruptcy …

Retailer's holiday sales tumble
Toronto Star,  Canada - 4
The situation in Canada, which has avoided the worst of the US mortgage and credit crisis, is not nearly as dire, other industry experts cautioned yesterday …

Decisive economic policies needed to avoid recession
The Independent, Uganda - 8
… of the current slide of the world economy into sustained recession – and the role ‘toxic’ US mortgage contracts played in triggering the downturn. …

US , Europe risk serial bank recapitalisation -OECD
guardian.co.uk, UK - 3
… crisis that has plunged much of the industrialised world into recession started in the United States with the collapse of the sub-prime mortgage market, …

Lenders could be rocked by big quake
San Diego Union Tribune, CA - 4
In its report, Aon Benfield says US mortgage giants Fannie Mae and Freddie Mac have not required borrowers to insure against earthquake damage. …

Punish savers and make them spend money
Times Online, UK - 2
The result is that US mortgage rates are falling to the lowest level on record and banks, which can no longer earn risk-free returns by placing money with …

FDIC Unnationalizes Some Debt
Forbes, NY - 4
Signs of life in the US mortgage market emerged Wednesday, after the federal government inked a deal to let a private company service a portfolio of loans …

California quake could hit mortgage lenders -Aon
Reuters India, India - 7
N: Quote, Profile, Research) said widespread defaults could follow a big quake because US mortgage giants Fannie Mae and Freddie Mac had not required …

US Mortgage Rates Fall as Fed Buys Securities: Chart of Day
Bloomberg - 7
By Bob Ivry Jan. 7 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke may have finally found a way to drive down mortgage rates. …

California quake could hit mortgage lenders -Aon
guardian.co.uk, UK - 7
In its Annual Global Climate and Catastrophe Report, Aon Benfield said widespread defaults could follow a big quake because US mortgage giants Fannie Mae …
Major catastrophe would heighten US mortgage crisis: Report Business Insurance
Study: California Earthquake Would Accelerate Mortgage Meltdown Insurance Networking News
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Fannie Mae and Freddie Mac: No Foreclosures Until After Jan. 9, 2009
OBSNews.com, Ca - 1 hour ago
Between November 26, 20008 and January 9, 2009 the two US mortgage loan giants will attempt to put in place a loan modification program to help troubled …

Paulson Says Utility Model Better for Fannie, Freddie
Bloomberg - 4
The Treasury chief’s comments represent a final push by the Bush administration to rein in the two largest sources of US mortgage financing. …