News Stories Related To: BMO boss lauds Fannie-Freddie takeover
Source: The Globe and Mail
Analysts said they do not expect the U.S. government's move to have a large direct impact on the Canadian banks, although there will be various implications. Most directly, it could...
- Share:
-
-
-
-
-
- Read full report
Related news stories
- Add A News Story |
- Filter By:
- All
- | Local
- News Source: The Orange County Register | 4 months ago2 pm · 2 Comments · posted by Jon Lansner/O.C. Register columnist A huge winner from the Fannie Mae/Freddie Mac takeover was Bill Gross’ mortgage-heavy Pimco Total Return Fund, which rose 1.3% in price on Monday. That’s a huge jump for any...
- News Source: Washington Post | 4 months agoI guess the cat's out of the bag because everybody is calling," said Laura Triplett, a loan officer at SunTrust Mortgage in Woodbridge, who took calls from dozens of people hoping to buy homes or refinance loans. "It's the craziest day I can remember...
- News Source: Washington Post | 4 months agoAsian investors, led by central and commercial banks in China, Japan and South Korea, are among the largest holders of Fannie Mae's and Freddie Mac's mortgage-related debt, the value of which has now effectively been guaranteed by the U.S. government.
- News Source: Washington Post | 4 months agoExecutives at some of those banks say they felt encouraged to invest in the companies because a federal agency, the Office of the Comptroller of the Currency, had classified shares in Fannie Mae and Freddie Mac as extremely low-risk investments...
- News Source: Connecticut Post | 4 months agoconomic Services in Fairfield, it used to hold onto that paper as an asset, collecting its money back a month at a time. Today, however, banks sell qualifying mortgages, either individually or as a package, to Freddie Mac and Fannie Mae, using that...
- News Source: International Herald Tribune | 4 months agoThe Hang Seng Index in Hong Kong fell 1.8 percent and is off 26.6 percent so far this year. Washington's bailout of the top U.S. mortgage finance companies on Sunday, which could be the most expensive ever, won acclaim from policymakers around the...
- News Source: Connecticut Post | 4 months agoUnited Rentals Inc., one of the world's largest equipment rental companies, has agreed to pay a $14 million penalty to settle fraud allegations. The Greenwich-based company did not admit or deny the charges as part of its settlement with the U.S...
- News Source: Investor's Business Daily | 4 months agoo, the government didn't nationalize Fannie Mae ( FNM ) and Freddie Mac , ( FRE ) as some critics have suggested. It just bought back a very big mistake at pennies on the dollar. Treasury Secretary Henry Paulson's move, which could cost taxpayers...
- News Source: Investor's Business Daily | 4 months agotocks soared on Monday after the government seized troubled mortgage finance giants Fannie Mae ( FNM ) and Freddie Mac , ( FRE ) a step aimed at stabilizing the credit system and the housing market. The Dow rose 2.6% and the S&P 500 gained 2.1% after...
- News Source: Rediff | 4 months agoAsking the US Congress to "act soon" on the crucial civil nuclear agreement with India, the White House has said the Bush administration will work very closely with members of the Congress to ensure the passage of the deal in a "timely fashion". "We...
Site Links
Contributions
- Sign up, and add your voice by contributing to allvoices
- Report Your News
- Add your voice and contribute via your cellphone - check out how to Report News via Your Cellphone
- Blog Widget
- Widget for Blog Owner
