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| Mortgage refinancing - Candidates weigh in on stabilizing Fannie, Freddie - |
| Saturday, September 6, 2008 |
Candidates weigh in on stabilizing Fannie, Freddie - International Herald Tribune WASHINGTON : The historic takeover of government-backed mortgage lenders Fannie Mae and mortgage refinancing Freddie Mac, which could come as soon as this weekend, moved to the forefront of the presidential campaign Saturday as candidates and mortgage refinancing congressional leaders seized Source: www.iht.com 30-year mortgages dip slightly to 6.35 percent - Miami Herald WASHINGTON Rates on 30-year mortgages fell for a third straight week, dropping to the lowest level since mid-July. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.35 percent this week, down from 6 Source: www.miamiherald.com Ex-Detroit cop among 3 accused of mortgage fraud - Chicago Tribune DETROIT - A former Detroit police officer and mortgage refinancing a city tax assessor have been charged in a $2.1-million mortgage fraud scheme. Twenty-seven-year-old former police officer Pierre Greene and mortgage refinancing 37-year-old city appraiser Jacque Miller are charged in U.S Source: www.chicagotribune.com Obama, McCain Back Treasury Action to Rescue Freddie, Fannie - Bloomberg Sept. 6 (Bloomberg) -- Presidential candidates Barack Obama and mortgage refinancing John McCain gave their support for federal action to rescue Freddie Mac and mortgage refinancing Fannie Mae while saying steps must be taken to ensure the mortgage giants don't keep passing losses off to Source: www.bloomberg.com Federal Gov't plans to stabilize troubled mortgage finance companies - Chicago Tribune WASHINGTON (AP) _ A top House Democrat confirmed Saturday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and mortgage refinancing Freddie Mac. Rep. Barney Frank, D-Mass., the chairman of the House Financial Source: www.chicagotribune.com Government may soon back troubled mortgage giants - Forbes The government is expected to take over Fannie Mae and mortgage refinancing Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's Source: www.forbes.com Exploring a reverse mortgage - Minneapolis Star Tribune Consider options: A traditional mortgage, home equity loan or line of credit might prove best. Consider costs: Weigh high upfront costs in reverse mortgages. One expense is "non-recourse" insurance, so if you collect more in payments than your house Source: www.startribune.com Rangel had no-interest mortgage more than 10 years - Washington Post WASHINGTON -- Rep. Charles Rangel paid no mortgage interest on a beach resort property for more than 10 years, a lawyer for the powerful House committee chairman said Friday. The New York congressman's lawyer, Lanny Davis, told The Associated Press Source: www.washingtonpost.com
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| posted by @ Saturday, September 6, 2008 |
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