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Last updated: 20:58:47 Monday Nov 9, 2009


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  • Fannie Mae tax credit decision could cost $5.2 bln
    WASHINGTON - Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.   Source:(AP)   2009-11-09

    Subprime home mortgages back to pre-crisis levels: Fed
    WASHINGTON (AFP) - The market share of subprime US home mortgages, which caused the collapse of the housing market at the epicenter of the financial crisis, has returned to pre-crisis levels, a central bank report showed Monday.   Nations:U.S.   Activities:Global Financial Crisis   Source:(AFP)   2009-10-26

    Banks cut back on emergency loans from Fed
    WASHINGTON - Banks cut back on loans from the Federal Reserve's emergency lending program over the past week, a sign some credit problems are easing as the economy recovers.   People:Ben Bernanke   Activities:Global Financial Crisis   Source:(AP)   2009-10-22

    Administration plans big pay cuts at bailout firms
    WASHINGTON - The Obama administration will order companies that received huge government bailouts last year to slash the base salaries of their top executives by an average of 90 percent and cut their total compensation in half, a person familiar with the decision said Wednesday.   Activities:2008 U.S. Financial Rescue   Source:(AP)   2009-10-21

    Government unveils new mortgage help for states
    WASHINGTON - The Obama administration on Monday unveiled a new program to support state and local housing finance agencies. The plan will help the agencies finance mortgages for first-time homebuyers and develop rental housing.   Activities:2008 U.S. Real Estate Crisis   Source:(AP)   2009-10-19

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