Fannie-Freddie Conservatorship: Bank Stocks Rallying
Bank stocks are rallying this morning on the federal government's action to put Fannie Mae and Freddie Mac into conservatorship....
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Weekend Seize: Government Takes Control of Fannie, Freddie
In perhaps the worst-kept secret on Wall Street, the federal government seized control of Fannie Mae and Freddie Mac, the...
Weekend Seize: FDIC Shuts 11th Bank of 2008
Continuing its "seize on the weekend" campaign, the Federal Deposit Insurance Corp. took control of Silver State Bank of Henderson,...
2Q Turns in Dire Mortgage Delinquencies Numbers
The mortgage delinquency rate hit another record last quarter. Among mortgage loans on one-to-four-unit residential properties, 6.41% of them were...
US Airways Said to Pursue Frequent-Flyer Deal with Barclaycard
US Airways Group Inc. may sell frequent-flier miles to Barclaycard, the main issuer of its co-branded credit card. Derek Kerr,...
Proposed Fannie-Freddie Merger Gets Thumbs Down
Would the merger of the two largest government-sponsored mortgage loan guarantors , Fannie Mae and Freddie Mac, help the troubled...
BI.Net’s Best of the Web
There is so much happening in the banking industry, and BI.Net is on the beat to keep you informed. Check...
Upcoming Loanio Launch Puts Focus on P2P Credit Quality
News that Loanio, yet another peer-to-peer lending venture, will be launching in "just a couple of weeks" got me thinking...
Fed Offers Its First Academic Assessment of the Credit Crunch
The Federal Reserve Bank of St. Louis has published the government's first analytical retrospective on the credit crisis. The article...
SME Development Bank (SDB)
Over the Labor Day Weekend Sum2 announced The Hamilton Plan. The Hamilton Plan is a ten point program to foster...
