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Freddie Mac loses $6.3B in 3Q (AP)
Personal Finance News - Yahoo! News - Sat, 07 Nov 2009 00:35:17 GMT
FILE - In this July 13, 2008 file photo, the Freddie Mac's corporate offices are seen in McLean, Va. Freddie Mac says its losses narrowed to $6.3 billion in the third quarter and the company didn't need a federal cash infusion. (AP Photo/Pablo Martinez Monsivais, FILE)

Freddie Mac posts $5 billion loss (Reuters)
Personal Finance News - Yahoo! News - Sat, 07 Nov 2009 00:00:47 GMT
A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi

Defense asks jury to clear ex-hedge fund managers (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 22:48:50 GMT
AP - Two former Bear Stearns hedge fund managers charged with lying to investors always were honest about the risks of investing in securities linked to the volatile subprime mortgage market, a defense lawyer told a jury on Friday.

Best of both worlds? Combined pension/401k plan (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 20:31:13 GMT
AP - Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts. Even so, with the guaranteed income of traditional pensions disappearing, most investors have little choice.

THE INFLUENCE GAME: Business aided by jobless bill (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 16:55:38 GMT
A sign rests in front of a house for sale Wednesday, Nov. 4, 2009, in Shelby, Ohio. Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. (AP Photo/Tony Dejak)

Neb. senator takes issue with student loan stance (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 16:35:13 GMT
AP - U.S. Sen. Mike Johanns said Thursday that his concern for Nebraska families is what's driving his opposition to legislation that would turn control of student loans over to the government — not lobbying from private student loan provider Nelnet Inc. of Lincoln.

Dolan more than doubles 3Q profit (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 13:49:14 GMT
AP - Dolan Media Co., a provider of legal and professional publications and services, said Friday its third-quarter profit more than doubled as revenue grew sharply in its mortgage default processing services business.

Ahead of the Bell: Consumer Credit (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 11:36:38 GMT
AP - Consumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery.

Fannie Mae seeks $15 bln in US aid after 3Q loss (AP)
Personal Finance News - Yahoo! News - Fri, 06 Nov 2009 00:33:26 GMT
FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)

Fannie Mae seeks $15 bln in aid after loss (AFP)
Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 23:53:16 GMT
The Fannie Mae headquarters in Washington, DC, 2008. US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds.(AFP/File/Karen Bleier)

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References:
i. Small Business Encyclopedia - Libraryo.com
ii. Encyclopedia of Business and Finance - Libraryo.com


   

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