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Index of House Mortgage-related news...
- www.chron.com
Fannie Mae reports record $29B loss, massive writedown - Houston Chronicle Fannie Mae posted a record quarterly loss as new Chief Executive Officer Herbert Allison slashed the value of the mortgage-finance provider’s assets by at least $21.4 billion and said it may need to tap federal funds next year. In its first report ...
- money.cnn.com
Mounting job losses fueling foreclosures - CNN Money NEW YORK (CNNMoney.com) -- For years, bad loans and their aftershocks have been sending homeowners into foreclosure. Now it's lost jobs that are putting troubled borrowers over the edge. As the economy tanks, unemployment is the major factor driving ...
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