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Rep. Frank: gov't will stabilize Fannie, Freddie

A top House Democrat confirmed Saturday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac.

Bernard Hickey : Will rules stop finance companies failing?

The horse has bolted and last week parliament passed legislation to close the barn door.

Candidates weigh in on stabilizing Fannie, Freddie

In this July 2, 2008 file photo, a foreclosed home is seen for sale in Sacramento, Calif.

Online Edition :: Nema makes fresh bid to stop Tanzania's soda ash project

Updated 1 hr 28 min ago By Juma Kwayera Kenya and Tanzania are headed for a fresh round of confrontation after the former restated its previous position that the planned construction of a soda ash and salt ...

McClatchy Chief Resigns From Controlling Trusts

Many people know that the Federal Reserve sets interest rates in order to loan money to other banks so they can keep cash flowing throughout the U.S. financial system.

Congressman Confirms Gov't Intervention For Mortgage Firms

Many people know that the Federal Reserve sets interest rates in order to loan money to other banks so they can keep cash flowing throughout the U.S. financial system.

Fan, Fred rescue cost: The big unknown

If only it were the $64 million question. The taxpayer bill for rescuing Fannie Mae and Freddie Mac could turn out to be the $64 billion question.

Top Democrat says government will stabilize mortgage giants Fannie, Freddie

A top House Democrat confirmed Saturday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac.

Fannie Mae, Freddie Mac Takeover Imminent

Published: Saturday, September 6, 2008 at 7:31 a.m. Last Modified: Saturday, September 6, 2008 at 9:56 a.m. WASHINGTON The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend ...

Government To Bail Out Mortgage Giants

Earlier this summer, Congress gave the Treasury Department the authority to inject capital into Fannie Mae and Freddie Mac, and stand behind their debt.

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