Rising foreclosures and big losses at Fannie Mae and Freddie Mac are making it harder for people with good credit backgrounds to get a traditional mortgage.
NEW YORK (CNNMoney.com) -- The credit crunch has finally hit ...
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credit crunch, fannie mae, foreclosures, freddie mac, real estate market March 14th, 2008
WASHINGTON: Investors could sell up to $15 billion (€10.08 billion) of troubled mortgages to the government under a plan key House members are discussing to bolster the U.S. housing market.
The tentative plan would allow the ...
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, credit crunch, mortgage bailout, treasury February 27th, 2008
Crisis, what crisis? If you talk to businessmen and consumers you get the impression that, outside the arcane world of high finance, things are not too bad. So is what is going on a mere ...
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credit, credit crunch, property values February 25th, 2008
With Brooklyn and Queens accounting for 40 percent of New York State’s home foreclosures last year, pastors in Catholic churches in the two boroughs started seeing a sharp rise in parishioners with mortgage problems last ...
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church, counseling, credit crunch, crisis, financial February 21st, 2008
NEW YORK (Reuters) - The U.S. government is right to protect and nurture the housing market during the current crisis, but now is not the time to create a federal backstop for falling property values, ...
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, credit crunch, mortgage bailout, treasury February 21st, 2008