White House drops opposition to housing bill
President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision.
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Wed, 23 Jul 2008 18:09:16 GMT
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Paulson: Support for mortgage giants needed
Treasury Secretary Henry Paulson said Tuesday that Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac.
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Tue, 22 Jul 2008 21:56:19 GMT
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For commuters, economic woes pile up
The weak housing market, high gas prices and an iffy job market are proving a dangerous mix for many Americans, especially those facing long commutes to work.
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Wed, 23 Jul 2008 11:44:36 GMT
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Credit crisis halting commercial construction
Large and small commercial developments nationwide have been delayed or scrapped as lenders tighten credit standards on construction loans.
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Tue, 22 Jul 2008 19:27:38 GMT
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The New Yorker: Sponsoring recklessness
When do the words “not guaranteed” actually mean “guaranteed”? Whenever the mortgage giants Fannie Mae and Freddie Mac are involved. Commentary from The New Yorker.
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Mon, 21 Jul 2008 16:05:06 GMT
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Freddie Mac CEO got $19.8 million in '07
Freddie Mac CEO Richard Syron pocketed nearly $19.8 million in compensation last year, according to the SEC, even as the troubled mortgage company's stock lost half its value.
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Fri, 18 Jul 2008 22:43:33 GMT
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Freddie Mac moves toward stock sale
Freddie Mac took a step toward issuing common and preferred stock when the Securities and Exchange Commission accepted its registration statement filed earlier in the day
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Fri, 18 Jul 2008 17:57:47 GMT
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Little foreclosure relief seen from housing bill
The housing bill moving ahead in Congress will help relatively few of the estimated three million homeowners facing foreclosure over the next year.
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Thu, 17 Jul 2008 17:42:18 GMT
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Housing starts at slowest pace in 17 years
Construction of single-family homes fell in June to the slowest pace in 17 years although a change in New York laws helped give a big boost to apartment building.
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Thu, 17 Jul 2008 23:08:03 GMT
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