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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
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
U.S. launches aid for state, local housing agencies
WASHINGTON (Reuters) - The Obama administration on Monday launched a program to help the depressed U.S. housing market by effectively allowing state and local housing finance agencies to borrow from the U.S. Treasury.
People:Timothy Geithner Source:(Reuters)
2009-10-19
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