Mortgage Debt Least of Bad Bets as Investing Sinks (Update2) - Bloomberg
July 28 (Bloomberg) — The fastest inflation in 17 years and a fourth straight quarter of U.S. profit declines are turning debt sold by Fannie Mae and Freddie Mac into the favorites of the world’s biggest bond investors. Pacific Investment Management …
What About the Mortgage Bailout Bill?
If you have a mortgage like most of us dads, listen up. Some of these mortgages dads have are called subprime mortgages and if you happen to have one of those loans and are struggling then this bill may provide you with some needed relief. Congress on Saturday passed a landmark housing bill, also known as the mortgage rescue plan , that is expected to help hundreds of thousands of struggling homeowners. The housing bill was passed by the Senate this past weekend session by a vote of 72-13. Th
US STOCKS-Wall St rises on oil slide, consumer confidence - Forbes
NEW YORK, July 29 (Reuters) - U.S. stocks rebounded on Tuesday, jumping more than 1 percent as falling oil prices and rising consumer confidence soothed worries about the economy and brightened the outlook for retailers and transportation companies …