Candidates weigh in on stabilizing Fannie, Freddie (AP)

Courtesy Ytop stories  Sat, 09/06/2008 - 9:15pm

In this July 2, 2008 file photo, a foreclosed home is seen for sale in Sacramento, Calif.<br /><br />A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday, Sept. 5, 2008.<br /><br />(AP Photo/Rich Pedroncelli, file)AP - The historic takeover of Fannie Mae and Freddie Mac, which could come as soon as Sunday, moved to the forefront of the presidential campaign Saturday as candidates and congressional leaders seized on the enormous implications for taxpayers and the economy.




 

More related items

Congress weighs the fate of Fannie, Freddie (AP)
AP - Treasury Secretary Henry Paulson said Congress should view the next few months as a "time out" in the highly charged debate over what to do with...

Fannie, Freddie deal helps some borrowers, not all (AP)
AP - The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to...

Bernanke: Fannie, Freddie in no danger of failing (AP)
AP - Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of...

Stock futures rise on plan to aid Fannie, Freddie (AP)
AP - U.S. stocks headed for a sharply higher open Monday after the Federal Reserve and the Treasury Department outlined steps aimed at shoring up...

US spells out Fannie-Freddie backstop plan (AP)
AP - The Federal Reserve and the Treasury announced steps Sunday to shore up mortgage giants Fannie Mae and Freddie Mac, whose shares have plunged as...


 

Post new comment

The content of this field is kept private and will not be shown publicly.