Fannie Mae posts $18.9 billion Q3 loss, taps Treasury (Reuters) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 23:32:31 GMT A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica Rinaldi

Fannie Mae offers borrowers option to foreclosure (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 23:25:04 GMT FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse than most experts had foreseen. Fannie Mae's request Thursday, Nov. 5, 2009, will bring the tab for rescuing both companies to about $111 billion. The government has promised up to $400 billion in assistance. (AP Photo/Manuel Balce Ceneta, File)

Citi files plans to spin off Primerica in IPO (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 23:16:45 GMT AP - Citigroup Inc. filed plans for an initial public offering of its Primerica Inc. life insurance unit late Thursday, and said it will sell the rest of the unit after it goes public.

Earnings roundup: Fannie Mae, Cornell (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 22:33:13 GMT AP - Among the earnings stories for Thursday, Nov. 5, from AP Financial News:

Fed's balance sheet expands in latest week (Reuters) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 22:32:01 GMT Reuters - The U.S. Federal Reserve's balance sheet grew slightly in the latest week on increased holdings of government and mortgage agency debt, Fed data showed on Thursday.

Supreme Court wades into mutual fund fee disparity (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 22:07:36 GMT FILE - In this March 5, 2009 file photo, the Supreme Court Building is seen in Washington. After hearing arguments Monday, Nov. 2, 2009, the Supreme Court must decide whether to adopt a new standard to determine when mutual fund fees are excessive. (AP Photo/J. Scott Applewhite, file)

Rates on 30-year loans fall below 5 percent (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 19:40:24 GMT AP - Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks.

Omnicare 3Q profit rises 13 percent (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 16:46:10 GMT AP - Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, said Thursday its third-quarter profit rose 13 percent as lower costs and an income tax adjustment offset a dip in revenue.

Mortgage rates drop below 5 percent: Freddie Mac (Reuters) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 16:18:42 GMT Reuters - U.S. mortgage rates fell below 5 percent for the first time in three weeks, a key level that may boost home loan demand and help the hard-hit housing market recover, a closely watched mortgage survey showed Thursday.

Fla. justices consider mediation for foreclosures (AP) Personal Finance News - Yahoo! News - Thu, 05 Nov 2009 13:11:37 GMT AP - Mediation would be a good way to expedite a flood of mortgage foreclosures, members of a foreclosure task force said Wednesday, but some disagreed on the details in oral arguments before the state Supreme Court.