Newsroom Headlines

  March 19, 2008 Proposal Looks to Increase Lending Power of Fannie Mae, Freddie Mac The Office of Federal Housing Enterprise Oversight (OFHEO), regulator for Fannie Mae and Freddie Mac, is expected

  March 18, 2008 Bush Backs Fed’s Actions, but Critics Quickly Find Fault President Bush welcomed the Federal Reserve’s sweeping intervention in the nation’s financial markets as his administration

  March 17, 2008 Fed Acts to Rescue Financial Markets Hoping to avoid a systemic meltdown in financial markets, the Federal Reserve yesterday approved a $30 billion credit line to engineer the

  March 14, 2008 Mortgage Lending Countrywide Seeks to Block U.S. Trustee Inquiry Countrywide Financial Corp. has sought to block a Justice Department probe into its treatment of bankrupt homeowners

  March 13, 2008 Mortgage Lending Presidential Working Group to Recommend Revamp of Credit and Lending Regulations The nation's top economic policy makers plan to release today their broadest

  March 12, 2008 Mortgage Lending Banks See Home Equity Losses Soar Banks suffering from the mortgage downturn are now seeing losses on home-equity loans soar, even for lenders that avoided subprime

  March 11, 2008 Mortgage Lending Probe Focuses on Countrywide Loan Data Federal investigators are finding that Countrywide's loan documents often were marked by dubious or erroneous information about

  March 10, 2008 Champ Car Owners File for Bankruptcy The owners of the Champ Car World Series have filed for chapter 11 bankruptcy just two weeks after agreeing to an open-wheel unification plan with

March 7, 2008 Bankruptcy an Option for Alabama County Alabama's Jefferson County may consider a bankruptcy filing to resolve a financial crisis surrounding $3.2 billion of sewer debt, the county's

March 5, 2008 Mortgages Commentary: Let Bankruptcy Judges Step In Congress should pass legislation to repeal the principal-residence exception in chapter 13 bankruptcies to authorize the country's