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Penalty-free mortgage switch offer (Channel 4)
Britain's biggest mortgage lender announced plans to allow customers with a tracker mortgage to move to a fixed rate one without having to pay a penalty.
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MAILBAG (Richmond Times-Dispatch)
Buying a second property and financing concerns Q:We are buying the house next door. We believe we are getting a great price, as it needs a lot of cosmetic fixing up inside. We are borrowing against assets. We will be trying to get the best rate on a standard home mortgage once the home is fixed up in a month. Can each member of a couple own their own "primary residence" in order to get an ...
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U.S. mortgage takeover promises no quick housing fix (Reuters via Yahoo! UK & Ireland News)
Washington's latest attempt to resuscitate the moribund U.S. mortgage business moves the housing market out of the emergency room and into intensive care but by no means cures the patient.
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US takes over mortgage giants (News Interactive)
THE US government took over mortgage giants Fannie Mae and Freddie Mac today, placing them in a "conservatorship" to help avert a financial system meltdown from the housing crisis.
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US government buys two mortgage giants (Daily Telegraph)
THE US government took over mortgage giants Fannie Mae and Freddie Mac yesterday, placing them in a "conservatorship" to help avert a financial system meltdown from the housing crisis.
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US Government seizes mortgage giants (The Australian)
THE US government has taken over mortgage giants Fannie Mae and Freddie Mac to avert a financial meltdown from the housing crisis.
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US takes over Fannie, Freddie in bid to ease finance crisis (AFP via Yahoo! News)
The US government has taken over ailing mortgage giants Fannie Mae and Freddie Mac, placing them in a "conservatorship" in a bid to avert a financial system meltdown from the housing crisis.
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Taxpayers take on trillions in risk (USA Today)
The unprecedented federal takeover of mortgage giants Freddie Mac and Fannie Mae announced on Sunday is a bold attempt to stabilize financial markets and restore the faltering housing market, but it thrusts trillions of dollars of risk directly onto taxpayers' shoulders.
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After The Bailout (Forbes)
What now for Fannie, Freddie, shareholders, taxpayers and the mortgage market?
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US takes over Fannie, Freddie (AFP via Yahoo! News)
The US government took over mortgage giants Fannie Mae and Freddie Mac on Sunday, placing them in a "conservatorship" to help avert a financial system meltdown from the housing crisis.
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