Feeling Fannie's and Freddie's pain PDF Print E-mail
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Wednesday, 09 July 2008

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The plunging stock prices of mortgage finance giants Fannie Mae and Freddie Mac could make the recovery for the housing market and the overall economy much more difficult, analysts say.

Inching along on housing rescue
An omnibus housing rescue package, some elements of which have been debated in Congress for years, had been on track Wednesday to finally move toward enactment but hit a speed bump that puts in question when lawmakers will vote.

Mortgage insurers face tough road
As the market debates the underlying health of Freddie Mac and Fannie Mae, another important corner of the housing market is getting squeezed.

Housing rescue advances in Senate
Read full story for latest details.

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Last Updated ( Wednesday, 09 July 2008 )
 
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