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Saturday, July 12, 2008

Shares of Lehman Brothers Take a Beating

With prices down and sales plummeting, you have room to dicker for your dream getaway.

Stocks whipsawed by Fannie and Freddie


Stocks slipped Friday, but managed to close off their lows, as fears that mortgage backers Fannie Mae and Freddie Mac would collapse eased after reports of comments from the Federal Reserve chief and other ...more



Stocks sink on credit worries, oil


Stocks fell sharply on Friday on worry about the financial stability of the top two home financing providers Freddie Mac and Fannie Mae, while oil prices hit an all-time high, clouding the outlook for the ...more



Fannie and Freddie worries, record oil slam Wall St


Stocks tumbled on Friday as fears about the stability of the top two home financing providers Freddie Mac and Fannie Mae, combined with oil at a record above $147, clouded the economic outlook.

Dump Your Debts


IT SEEMS APPROPRIATE that debt is a four-letter word. After all, anyone who's ever struggled to get out of debt has no doubt sputtered many other four-letter words - which we won't print here.

Shares of Lehman Brothers Take a Beating


Lehman Brothers, Wall Street's favorite punching bag, took another beating on Thursday as jittery investors fretted over problems at home-loan giants Fannie Mae and Freddie Mac and absorbed regulators' ...more



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Cecilia Beach Brown

First of all, who are Fannie Mae and Freddie Mac? Fannie Mae: Is the nickname for the Federal National Mortgage Association and Freddie Mac: Is the nickname for the Federal Home Mortgage Corporation .

Oil hits record above $147 as supply fears intensify


Oil leapt $5 to a new record high near $147 a barrel on Friday, spurred by growing worries of threats to supplies from Iran and Nigeria and the possibility of a strike by Brazilian oil workers next week.

Ilyce Glink: No need to look far to determine market


Q: How has the residential market been in Albany, N.Y., over the past year or two? I have an investment property there , and I am trying to get an idea how badly I will get hit if I try to sell, or if I will ...more



Answer


Sunday, July 13, 2008; Page F04 What's the best way to finance a large household project? It depends.

Feds Seize Mortgage Lender IndyMac


Mortgage lender IndyMac was seized by agents of the Federal Deposit Insurance Corporation Friday, becoming the second largest bank failure in U.S. history.

Fannie, Fed chief and data to rule stocks


The bears have Wall Street cornered and they just won't let go. The coming week is almost sure to be a rocky ride for the U.S. stock market as investors fret about the stability of Fannie Mae and Freddie Mac , ...more



Cecilia Beach Brown


Sunday, July 13, 2008; Page F04 What's the best way to finance a large household project? It depends.

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No Pain, No Gain: My home is shaking but the foundations are sound

Hard economic times can call for cold, hard cash. Whether financial pressure comes from rising gasoline and grocery bills, from a period without steady income or from a mortgage burden, emergency dollars are a ...more



Bridgelock Capital Announces the Successful Funding of $75MM in Hard Money Loans


The pool consists of residential and commercial loans including Adjustable Rate Mortgages , Home Equity Line of Credits and short-term Bridge loans, originated in the Western States with an emphasis in ...more



Freeing frozen home equity lines of credit


If your home equity line of credit has been frozen - and you need access to the funds - here are some steps you can take: Call your lender.

Stocks, dollar slide on latest credit crisis fear


Fear the two largest U.S. mortgage finance companies are in such poor health that they need a government bailout pushed financial markets lower on Friday, although stocks pared losses as officials began to talk ...more



No Pain, No Gain: My home is shaking but the foundations are sound


Contrasting profit displays by two constituents of the No Pain, No Gain portfolio have, unhappily, produced the same result dismal share-price reactions.

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