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Fannie, Freddie ease terms for mortgage refinance (Reuters)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 21:57:34 GMT
The headquarters of mortgage lender Fannie Mae is shown in Washington September 8, 2008. REUTERS/Jason Reed

AIG to sell consumer finance unit in Colombia (AP)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 21:10:28 GMT
AP - American International Group Inc. on Wednesday said it agreed to sell all of its ownership interests in its consumer finance operations in Colombia, the latest in a recent string of asset sales by the embattled insurer to bolster its finances.

Freddie Mac gets another $6.1B from gov't (AP)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 15:32:43 GMT
AP - Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.

U.S. mortgage applications fall to 7-month low (Reuters)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 13:54:22 GMT
A real estate sales sign sits outside of a house for sale in Phoenix, Arizona in this June 2, 2009 file photo. REUTERS/Joshua Lott

Thinking of Switching Financial Planners? (BusinessWeek Online)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 12:08:43 GMT
BusinessWeek Online - You've got a dirty little secret. During long lunch breaks, or after work when everyone else heads home to their families, you're sneaking out to a secret rendezvous. You know what you're doing is perfectly justified, but you still feel a little bad afterwards. You never thought it would come to this. But here you are -- cheating on your financial planner.

Fed Holds Rates Steady (BusinessWeek Online)
Personal Finance News - Yahoo! News - Wed, 01 Jul 2009 12:08:43 GMT
BusinessWeek Online - With signs the economy is improving but still fragile, Federal Reserve policymakers held the Fed funds rate steady -- at zero to 0.25% -- on June 24, and maintained its pace of purchases of government debt at mortgage-backed securities.

Administration sends Congress consumer legislation (AP)
Personal Finance News - Yahoo! News - Tue, 30 Jun 2009 23:29:59 GMT
President Barack Obama walks away from the podium after delivering remarks highlighting innovative non profits programs, Tuesday, June 30, 2009, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)

Treasury OKs 3 firms for mortgage relief program (AP)
Personal Finance News - Yahoo! News - Tue, 30 Jun 2009 21:11:41 GMT
AP - The Treasury Department said Tuesday that it has approved three more firms for its mortgage relief program.

Obama admin. sets wide scope for consumer agency (Reuters)
Personal Finance News - Yahoo! News - Tue, 30 Jun 2009 19:55:44 GMT
Treasury Secretary Timothy Geithner walks on the roof of The Point, in New York June 29, 2009. REUTERS/Shannon Stapleton

Chase: 138k mortgages modified in past 3 months (AP)
Personal Finance News - Yahoo! News - Tue, 30 Jun 2009 15:17:34 GMT
AP - Chase said Tuesday it has approved 138,000 trial mortgage modifications for struggling homeowners in the past three months.

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Personal Finance Latest News

References:
i. Small Business Encyclopedia - Libraryo.com
ii. Encyclopedia of Business and Finance - Libraryo.com


   

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