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Bankrate.com: Mortgage Matters Blog Headlines

  • Jobs, mortgage rates fall
    Today's awful employment report is nice news for mortgage shoppers.

  • 1 in 11 owners in dire straits
    People are falling behind on mortgage payments and losing their houses in ever-increasing numbers.

  • Who are the price gougers?
    The duopoly of Fannie Mae and Freddie Mac have imposed fees and restrictions to boost their top lines.

  • The FDIC's loan-mod plan
    Now that the FDIC controls IndyMac, an institution that used to be one of the country's biggest mortgage lenders, she has her chance to show other mortgage servicers how it's done.

  • Housing starts tumble
    Housing starts tumbled in July to their lowest level since Ronald Reagan's second year in office.

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Barron's This Week Magazine

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BusinessWeek -- Most Popular Stories

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Financial news of the day - CNNMoney.com

  • U.S. seizes Fannie and Freddie
    Federal officials on Sunday unveiled an extraordinary takeover of Fannie Mae and Freddie Mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.


  • What rescue means for mortgage rates
    Mortgage applicants rejoice!


  • Fannie, Freddie: The biggest losers
    Big investors in Fannie Mae and Freddie Mac face a brutal Monday. Shares in the mortgage giants, which have already lost 90% of their value over the past year, are likely to plunge anew in the wake of the government's announcement Sunday that it is taking control of the companies and ending the payment of common and preferred dividends.


  • Fannie, Freddie aftershocks: More bank woes
    The takeover of Fannie Mae and Freddie Mac is likely to cause big problems for hundreds of community banks nationwide and could lead to a new round of bank failures.


  • JetBlue to auction flights on eBay
    Read full story for latest details.


  • How plan protects taxpayers
    Make no mistake. It's hardly delightful for taxpayers that the Treasury had to step in to rescue Fannie Mae and Freddie Mac - the engines of the mortgage market.


  • Fannie and Freddie 101
    Call it a bailout, or a rescue, Fannie Mae and Freddie Mac are now firmly under the grip of the U.S. government.


  • No joke: Bank stocks are rallying
    Don't look now, but bank stocks are in the midst of a big rally.


  • Why cheaper oil signals trouble
    The commodities bubble appears to have popped, but keep the champagne on ice.


  • How the housing crash hurts your retirement
    You already know that the housing crisis has wreaked havoc with the economy and financial markets, not to mention the lives of millions who've lost or could lose their homes. But there may be a less obvious casualty too: your retirement prosperity.


  • McCain on Obama: Hey, big spender
    Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.


  • How J.P. Morgan steered clear of the credit crunch
    It was the second week of October 2006. William King, then J.P. Morgan's chief of securitized products, was vacationing in Rwanda. One evening CEO Jamie Dimon tracked him down to fire a red alert. "Billy, I really want you to watch out for subprime!" Dimon's voice crackled over King's hotel phone. "We need to sell a lot of our positions. I've seen it before. This stuff could go up in smoke!"


  • Renewable energy's biggest wish
    While politicians of all stripes are vying to be seen as saviors in the energy crisis, Congress isn't giving renewable energy investors the one thing they say would help the most - long-term tax credits.


  • U.S. seizes Fannie and Freddie
    Federal officials on Sunday unveiled an extraordinary takeover of Fannie Mae and Freddie Mac, putting the government in charge of the twin mortgage giants and the $5 trillion in home loans they back.


  • Union strikes Boeing
    Workers at Boeing walked off the job on Saturday after nearly two days of around-the-clock talks failed to avert what could one of the nation's most disruptive strikes in more than a decade.


  • FDIC shutters Silver State Bank of Nevada
    Read full story for latest details.


  • Paulson's announcement on Fannie, Freddie
    Here is the statement by Treasury Secretary Henry Paulson on Treasury and Federal Housing Finance Agency action to protect financial markets and taxpayers:


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Latest stock market news from Wall Street - CNNMoney.com

  • Stocks finish mixed at end of tough week
    Stocks ended mixed Friday after a tough session and week, as a rally in the hard-hit financial sector countered amplified recession fears that were sparked by a weak labor market report.


  • No joke: Bank stocks are rallying
    Don't look now, but bank stocks are in the midst of a big rally.


  • Oil hits 5-month low as demand shrinks
    Oil prices continued to decline Friday as investors worried that an economic slowdown could chip away at demand for energy.


  • Bonds mixed as stocks trim back losses
    U.S. Treasury bond prices were mixed Friday, as a recovery in the stock market overcame concerns about a spike in the national unemployment rate.


  • Bonds rise on job market weakness
    Labor market worries boosted Treasury prices Thursday after a spike in weekly unemployment claims.


  • Dollar hits 2008 high
    Read full story for latest details.


  • Bonds rise as inflation eases
    Treasury prices rose Wednesday as investors saw signs of lessening inflation and continued economic slowdown.


  • Gold slides on oil, strong dollar
    The price of gold fell sharply Tuesday amid a broad retreat in commodities, particularly crude oil, as the damage caused by Hurricane Gustav appeared less severe than expected.


  • Bonds rise on stronger dollar
    Bonds rose Tuesday as inflationary concerns eased on the back of a strengthening U.S. dollar.


  • Merrill Lynch slides as deals dry up
    Read full story for latest details.


  • Staying sane in wild markets
    It's ugly out there. As of late July, Standard & Poor's 500-stock index was down almost 13% for the preceding 12 months. With the housing market on the skids and energy prices soaring, the economy seems more vulnerable than it has in decades. At times like these, you may be sorely tempted to flee stocks before your 401(k) gets any droopier.


  • Oil closes down, despite storm
    Despite Tropical Storm Gustav's threat to infrastructure in the Gulf of Mexico, oil prices fell from an earlier rally Friday as the dollar gained traction against the euro.


  • Dollar rises on stronger GDP, falling oil
    The dollar rose against major foreign currencies Thursday as investors cheered a sharp drop in oil prices and a robust quarterly reading on the U.S. economy.


  • Japan - $18 billion stimulus plan
    Read full story for latest details.


  • Bonds fall on strong GDP
    U.S. Treasury prices fell slightly Thursday after a revised reading on second-quarter GDP showed a better-than-expected jump and the government auctioned off $22 billion of 5-year notes.


  • Oil: How low can it go?
    Gustav has come and gone. And fortunately, New Orleans has been spared the type of damage after Hurricanes Katrina and Rita three years ago.


  • The smart way to go global
    International stocks should be a part of any diversified portfolio, but they're not a shelter against domestic rough spots.


  • You CAN make money in a bear market
    Question: Over the past ten years, the stock market has gone nowhere and a buy and hold strategy only makes advisers rich. There is plenty of money to be made by buying the dips and selling the rips. Why don't you advise others to do this?


  • What every investor should know
    I'm retiring and will soon be headed to Oxford University to begin my second act. So this will be my last column for Money. At a time like this, it's only natural to look back at one's career. So I've been reviewing my articles of the past 23 years to see where I've been right and where I've been wrong - and why.


  • 21 ways to stomach a sour market
    Feel like you're getting nothing but lemons from the stock market? Allow us to introduce nearly two dozen recipes for lemonade.


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Forbes.com: Most popular stories

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Business news and Fortune 500 - FORTUNE Magazine

  • Google turns 10: A look back
    As the search giant celebrates its birthday, we highlight some of its biggest moments.

  • Tech takes a tumble
    Tight-fisted consumers, budget-constrained IT departments and cash-hoarding phone companies are squeezing the tech sector, as an economic slowdown gains momentum in the United States and abroad.

  • An engagingly raging bull
    "Did he see us?" I screamed to my automotive accomplice, whom I'll call Speed Queen, as I dug into the carbon ceramic brakes and wrestled the new Lamborghini LP560-4 to a standstill. About 100 feet off the car's chiseled bug-green nose, a California Highway Patrol cruiser was attempting to herd the black Lambo Murciélago to the shoulder.

  • A flier strikes back
    On Feb. 21, 2008, Mitchell Berns heard every flier's two least favorite words: weather related. Citing snow, Delta Airlines was canceling his flight from Las Vegas to New York City and rescheduling him for a redeye connecting in Boston. With 47% of all delays so far in 2008 caused by weather (up 5% from last year), most fliers can relate. And they know that normally this story ends with a bleary-eyed tale recounted the next day at the water cooler. Not this time. It ends in court, with our traveler $838 richer.

  • When J.P. Morgan goes hunting
    CEO Jamie Dimon is now in a position to go bargain hunting while his competitors suffer on the sidelines. Here's four likely targets.

  • Lehman's White Knight
    One of the most compelling dramas in New York's theater district this summer hinges on Lehman Brothers' courtship of a Korean bank.

  • Corning shares tumble on sales forecast
    Corning, the giant glassmaker, cut its third-quarter sales target by 5%, citing sluggish demand for the glass used to make flat-screen TVs.

  • Betting on a Palin withdrawal
    Now the Democrats aren't the only ones who can try to capitalize on the negative buzz growing around Alaska Gov. Sarah Palin, the prospective Republican VP candidate.

  • Investors sour on Alcatel-Lucent pick

  • Surviving Gustav
    "I'm with FEMA," I overheard a man tell a woman at the bar at the Embassy Suites in Baton Rouge. That was a pick-up line, believe it or not, which says a lot about the difference between Gustav today and Katrina three years ago. This time - so far, at least - the authorities are on the case, apparently doing exactly what they're supposed to do.

  • Why cheaper oil signals trouble
    The commodities bubble appears to have popped, but keep the champagne on ice.

  • This horror show oozes money
    Two rifle-bearing lads enter what looks like an abandoned building. They are nervous, for good reason. Snarling vampires attack. There is violence. There is gore. There is even a heart-tugging moment when one of the humans finds his missing girlfriend - only to discover that she too is now a blood-thirsty creature of the night.

  • Green Gold?

  • Payday for biotech
    Overall, dealmaking may be in a slump, but Big Pharma has been buying up biotech firms at a record pace - it's now the fastest-growing M&A sector, with deal value up 87% this year.

  • The aftermath
    Doug Keller is old enough to be a grandfather. He remembers Hurricane Betsy in 1965, Camille four years later, and Katrina and Rita, of course, just three years ago. But Gustav is the first storm he's ever run away from.

  • New York housing shines - for now
    At a time when most housing markets continue to sour, the Big Apple remains in a relative sweet spot. Whether it can stay there may go a long way toward determining how much longer the economy remains in a funk.

  • Genomes 'R' Us
    It took the Human Genome Project $3 billion and 13 years to map the first genome and reduce it to a chemical code six billion letters long. Today, with faster computers and improved techniques, a research laboratory can sequence your DNA in about six weeks at a cost of $100,000 to $300,000.

  • The battle for channel surfers
    If you tuned into the season premiere of AMC's hit show Mad Men as I did, you were probably thrilled - giddy, even - to discover that you would be watching an hour of virtually uninterrupted television. Instead of the usual hash of commercials, BMW, the episode's sole sponsor, ran a single 60-second spot tailored to the show about 1960s Madison Avenue pitchmen. The ad featured a documentary-style interview with advertising legend Martin Puris, co-founder of the Ammirati & Puris agency, describing how he came up with the slogan "Ultimate driving machine."

  • Google's tough sell
    Steve Skinner, the head of information technology for a big Bay Area real estate agency, recently got his umpteenth call from Google. Would Skinner be interested in buying a package of e-mail, word processing and other software known as Google Apps for his company's 1,300 employees?

  • Paulson's Fannie-Freddie fix
    The market is betting Henry Paulson is about to put on his black hat again. But the Treasury secretary may not be so easily typecast in the saga of the government-sponsored mortgage finance companies.

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