Mortgage debt rescue plans considered
Detroit News - WASHINGTON — Prodded in part by some of the nation’s biggest banks, the Bush administration and Congress are considering costly new proposals for the government to rescue hundreds of thousands of homeowners whose mortgages are higher than the value …
Earnings Preview: Freddie Mac (AP via Yahoo! Finance)
Freddie Mac reports earnings for the fourth quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.
Moody’s affirms MBIA rating (CNN Money)
Rating agency says the bond insurer has adequate cash to cover likely claims; Moody’s is the second rating service to uphold MBIA this week.