US takes over key mortgage firms

Key US lenders to face new curbs
US officials plan to put troubled mortgage giants Freddie Mac and Fannie Mae under strict federal control, media say.

Mortgage giants up on debt sale
Shares in Freddie Mac and Fannie Mae rise after Freddie Mac sells $2bn of short-term debt.

Fannie Mae and Freddie Mac slump
Shares in US mortgage finance giants Fannie Mae and Freddie Mac plunge again amid new talk of a government bail-out.

Shares in top US lenders plummet
Fannie Mae and Freddie Mac are hit by a report suggesting they could both have to raise large amount of extra capital.

US to rescue troubled Citigroup
The US government announces a rescue plan for the Citigroup banking giant after its shares plunge by more than 60%.