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Don't call it a bailout: McCain and Obama prefer 'rescue' - Houston Chronicle
WASHINGTON — The Bush administration is searching for a new way to sell its financial rescue plan after acknowledging some blunders and missteps in presenting it the first time around. One big key: Insist it's not a Wall Street "bailout." Now it's ...
How families can talk about financial crisis - Arlington Heights Daily Herald
Send To: Have you recently tried to get a loan or mortgage and were turned down? Are you seeking a loan and now are worried because of the current financial crisis? Daily Herald Business Writer Anna Marie Kukec would like to hear about it. Contact ...
Can you still get a mortgage? - BBC News
The reality is that if you have got a good credit history, a good job and a deposit of 10%-15% (or a fair bit of equity in your home), then getting a mortgage will not be a problem. It is a myth that lenders have shut up shop, although it is easy to ...
Trichet Says U.S. Must Pass Plan to Rescue `Global Finance' - Bloomberg
Oct. 1 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said U.S. lawmakers must pass a $700 billion rescue package for banks to shore up confidence in the global financial system. ``It has to go, for the sake of the U.S. and for ...
Fannie Mae Releases August 2008 Monthly Summary - MSN MoneyCentral
WASHINGTON , September 30 /PRNewswire/ -- Fannie Mae's FNM August 2008 Monthly Summary is now available at www.fanniemae.com/ir/monthly . The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our ...
Making the case for bailout without saying it - MSNBC
WASHINGTON - The Bush administration is searching for a new way to sell its financial rescue plan after acknowledging some blunders and missteps in presenting it the first time around. One big key: Insist it's not a Wall Street "bailout." Now it's ...
Asteron to focus on core businesses - Scoop
Asteron to focus on core businesses of risk and investments Asteron Life Ltd has today announced that it will no longer continue to offer home loan products to the market, as part of a renewed strategy to focus on its core areas of risk and ...
Will Boosting FDIC Insurance Revive The Bailout? - BusinessWeek
In a relatively quiet day in Washington – at least by the standards of recent weeks – Congressional leaders, Treasury officials and the crowd of lobbyists closely following the talks over Treasury’s now-stalled $700 billion rescue package for ...
Fannie Mae says portfolio, delinquency rates rise - Reuters
NEW YORK, Sept 30 (Reuters) - Fannie Mae (FNM.P: Quote , Profile , Research , Stock Buzz ), the largest provider of funding for U.S. home mortgages, on Tuesday said the rate of growth in its investment portfolio slowed in August to a level not seen ...
Panic grips world's markets - Guardian Unlimited
US political leaders and members of the public react to the House of Representatives' rejection of the $700bn bail-out plan Link to this video The US government's $700bn bail-out of the banking industry collapsed yesterday as Congress defied the ...
Financial crisis: Banking crisis bites deeper in construction and ... - Daily Telegraph
Demand for new homes has evaporated after the credit crunch Demand for new homes has evaporated after the credit crunch Barratt Developments offered the discount to buyers prepared to take five or more flats or houses off its hands in its Yorkshire ...
No bailout? Here's Plan B - CNN Money
NEW YORK (CNNMoney) -- A day after the House's surprise defeat of a $700 billion financial rescue bill, talk is growing louder about alternative government steps that could help battered credit markets and stave off broader problems in the economy ...
ANALYSIS-Congress to tweak bailout or risk deep recession - Forbes
WASHINGTON (Reuters) - U.S. efforts to revive a $700 billion bank bailout bill with some new provisions offered hope for battered markets Tuesday, and economists warned of a long and deep recession if efforts to resuscitate it fail. The defeat of the ...
Federal Home Loan Bank of San Francisco Releases August 2008 Cost of ... - Forbes
The Federal Home Loan Bank of San Francisco announced September 30, 2008, that the 11th District Monthly Weighted Average Cost of Funds Index ("COFI") for August 2008 is 2.693%. The index for July 2008 was 2.698%. The COFI is computed from the actual ...
European governments bailout Dexia - News.com.au
DEXIA became the latest European bank to need a bailout overnight, with Belgium, France and Luxembourg pumping billions into the group to avoid the financial crisis claiming another victim. The three governments agreed to take control of the ...
The new bailout pitch: It's NOT a bailout - San Francisco Gate
The Bush administration is searching for a new way to sell its financial rescue plan after acknowledging some blunders and missteps in presenting it the first time around. One big key: Insist it's not a Wall Street "bailout." Now it's not about ...
Obama calls on Americans to support rescue plan - Miami Herald
Democratic presidential nominee Barack Obama says Congress must act quickly to approve the financial rescue plan. Democratic presidential nominee Barack Obama says Congress must act quickly to approve the financial rescue plan. Democratic ...
Analysis: Congress repeats 1930s errors with bailout vote - Times Online
In the 1930s, the US Congress did more than its fair share in helping to turn a financial crisis into a global depression. Yesterday it looked as though it was auditioning to assume that role again. Back then, Congress’s vote for protectionist ...
With banks in miser mode, credit markets stay taut - Associated Press
NEW YORK (AP) -- Stocks are rebounding and a new bailout package could be coming soon, but the credit markets - where day-to-day borrowing occurs to keep the gears of the economy turning - are still stuck. Even relatively healthy businesses are being ...
Mortgages and Car Loans Tougher ... Not Impossible - CNBC
A credit tourniquet may be threatening Main Street, but so far there is enough money in the system for consumers to get mortgages or auto loans, at least those with good credit scores—but under stricter terms. “What you have seen is that the ...
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