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Pledge fails to lift cloud over Fannie, Freddie (Reuters) Buyers showed no hesitation in bidding on Freddie Mac's $3 billion debt sale on Monday, just hours after the U.S. government pledged support for the nation's top mortgage finance agencies, but the steps failed to stem growing alarm on Wall Street. yahoo.comTop Japanese Banks Hold $44.3 Billion in GSE Debt By Reuters Japan's three megabanks had roughly 4.7 trillion yen (US$44.3 billion) in debt securities issued by top U.S. mortgage finance agencies as of the end of March, while major insurance firms' e... India GazetteWhat if my bank fails? Some questions and answers (AP) The government's seizure of IndyMac Bank raises concerns for many consumers about whether their banks might be next. While it is unlikely the nation will see thousands of banks fail as they did during the savings and loan industry collapse in the late 1980s and early '90s, analysts predict there will be more battered financial institutions that are unable to survive in today's marketplace. yahoo.comCloud remains over Fannie and Freddie BUYERS flocked to Freddie Mac's $US3 billion ($3.1 billion) debt sale yesterday, just hours after the US government pledged support for the nation's top mortgage finance agencies, but the steps failed to stem growing alarm on Wall Street. News.comIndyMac Halts Foreclosures IndyMac reopened under federal supervision and halted all foreclosures on bank-owned loans in its portfolio. Real Estate JournalFed`s war against shady home loans The Federal Reserve unanimously approved new mortgage lending rules Monday in a crackdown on shady practices - particularly those involving subprime loans made to borrowers with weak credit. CNNFed acts to stamp out deceptive mortgage practices (Reuters) The Federal Reserve Board on Monday approved new rules to ban misleading and deceptive practices in mortgage lending, including prepayment penalties for many subprime loans. yahoo.comLow-doc deal for Macquarie unit PUMA, a securitisation unit of Macquarie Group, has priced a $700 million residential mortgage-backed deal supported by low-documentation loans. The AustralianAllco gets new debt deal with banks ALLCO Finance Group said today it has reached agreement with its banking syndicate on the terms of a new senior debt facility. The AustralianRescue Plan Not Enough to Lift Fannie, Freddie Shares Government efforts to support mortgage giants Fannie Mae and Freddie Mac drew a tepid response from investors today after last week's steep collapse, but bond investors showed faith in a new Freddie debt issue. The Washington Post1 2 3 4 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]