Gov’t unveils mortgage disclosure rules (AP)

Filed Under (Personal Finance) by on 12-11-2008

AP - Prospective home buyers would get a simpler way to understand often-confusing mortgage terms under new rules issued Wednesday by the federal government.

--- AP ...

FBR sees Fannie Mae losing $20-$40 billion in next 4 quarters (Reuters)

Filed Under (Personal Finance) by on 12-11-2008

The headquarters of mortgage lender Fannie Mae is pictured in Washington September 8, 2008. (Jason Reed/Reuters)Reuters - Fannie Mae , once a mortgage giant, could post losses totaling $20 billion to $40 billion in the next four quarters, as elevated credit costs continue to hurt the company's capital position, an analyst at FBR Capital Markets said.

--- Reuters ...

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