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Woes Afflicting Mortgage Giants Raise Loan Rates
The troubles at Fannie Mae and Freddie Mac could deal another blow to the housing market, as higher interest rates make it harder to refinance existing debts.
The troubles at Fannie Mae and Freddie Mac could deal another blow to the housing market, as higher interest rates make it harder to refinance existing debts.
Loss at E*Trade Is Bigger Than Expected
E*Trade posted a net loss of $94.6 million, or 19 cents a share, in contrast to a profit of $159.1 million, or 37 cents a share, a year earlier.
E*Trade posted a net loss of $94.6 million, or 19 cents a share, in contrast to a profit of $159.1 million, or 37 cents a share, a year earlier.
Bank Investors Redefine Bad News
Results that would have once been viewed as disastrous are now seen as good, even great, by some.
Results that would have once been viewed as disastrous are now seen as good, even great, by some.
Bush Prods Congress, as Financers Are Inspected
Treasury Secretary Henry M. Paulson Jr. said examiners are inspecting the books of Fannie Mae and Freddie Mac.
New Regulator in Rescue Plan Spurs Debate
Critics say that the rescue plan for Fannie Mae and Freddie Mac tilts in favor of the companies.
Critics say that the rescue plan for Fannie Mae and Freddie Mac tilts in favor of the companies.
