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Ailing US mortgage giants face fresh pressure
WASHINGTON (AFP) - US mortgage finance giants Fannie Mae and Freddie Mac saw their share prices plummet Wednesday amid heightened concerns about their ability to ride out the credit crisis without government help.
People:Henry Paulson George W. Bush Activities:2007 Global Credit Crunch Source:(AFP)
2008-08-20
Trump offers to help Ed McMahon avert foreclosure
LOS ANGELES (Reuters) - Billionaire businessman Donald Trump is offering to rescue TV personality Ed McMahon from foreclosure on his multimillion dollar Beverly Hills home.
Nations:U.S. People:Ed McMahon Donald Trump Source:(Reuters)
2008-08-17
Home foreclosure filings up 55 percent in July
NEW YORK (Reuters) - U.S. foreclosure activity in July rose 55 percent from a year earlier as a slump in once-sizzling housing markets forced yet more borrowers to default on their mortgages, according to a monthly report.
Nations:U.S. Activities:2007 Global Credit Crunch Source:(Reuters)
2008-08-14
Trump to buy McMahon's home, let him live there
BEVERLY HILLS, Calif. - Donald Trump will soon be Ed McMahon's landlord.
Nations:U.S. People:Ed McMahon Johnny Carson Donald Trump Source:(AP)
2008-08-14
Homebuilders: When Will Things Turn Around?
In light of the ongoing difficult operating environment for U.S.-based homebuilders, investors have raised several questions about S&P Ratings' views on the sector's credit quality over the next several quarters -- and the probability of more rating actions. Here, we present our responses to key questions:
Nations:U.S. Activities:2007 Global Credit Crunch Source:(BusinessWeek)
2008-08-08
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