If your "investor" is Fanny, as it turns out, good loan terms are available without huge sums due at closing. But if your investor is Freddy, you're currently out of luck.
New York Times | Stephen Labaton | Posted 07.30.2008 | Business
Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...
Robert L. Borosage | Posted 07.23.2008 | Politics
If the guarantees work, private speculators, having driven the stock down, will clean up on the upside. And the bank's CEOs will continue to pocket the multi-million dollar salaries. Call it Wall Street socialism.
Cenk Uygur | Posted 07.23.2008 | Politics
McCain and Gramm are financial radicals who have taken over the system. The idea of putting them back in charge is absolutely unthinkable.
AP | TIM PARADIS | Posted 07.22.2008 | Business
NEW YORK — Wall Street extended its slump into yet another week Monday as investors worried that even a safety net set up for mortgage financier...
AP | TIM PARADIS | Posted 07.19.2008 | Business
NEW YORK — Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday _ stocks tumbl...
Raphael Cushnir | Posted 05.11.2009 | Politics