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Showing 21 - 30 of 43 results for "Fannie Mae"

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
"Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe. This turmoil would directly and negatively impact ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 SEP 2008
... Infrastructure Summit in Melbourne. The Australian share market had a strong day yesterday, following the Freddie Mac and Fannie Mae rescue, the announcement by Origin Energy of its tie-up with US gas operator ConnocoPhillips, and a revised takeover ...

Saved by the Fed

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
Troubled mortgage giants Fannie Mae and Freddie Mac will be reborn in a four-pillar strategy put forward by the US government - a move that brought fast relief to the credit markets. After more than a month of deliberations, the Treasury, the Federal ...

Market Wrap - Midday

AAP  |  MONDAY, 8 SEP 2008
... the financial sector after news that the US government would take over troubled mortgage institutions Freddie Mac and Fannie Mae. At 1200 AEST, the benchmark S&P/ASX200 had added 187 points, or 3.83 per cent to 5064.1, while the broader All Ordinaries ...

Saving Freddie Mac and Fannie Mae

RUTH LIEW  |  FRIDAY, 5 SEP 2008
The financial stability of Fannie Mae and Freddie Mac would have to be protected at all costs, as their falls would cause cataclysmic effects not just in the US but the rest of the world, including Australia. Speaking at the 2008 Russell Australasian ...

The saga continues

BENJAMIN ONG  |  WEDNESDAY, 20 AUG 2008
... However, they will surely be worried about the continued dribble of negative news on the financial sector. Shares of Fannie Mae and Freddie Mac tumbled overnight on speculation that the US government will need to bailout these companies. These concerns ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 AUG 2008
... Dow had fallen last night after news emerged that the US government might have to bail out mortgage-finance giants Fannie Mae and Freddie Mac. "I really believe we've got value in our market," Mr Smith said. "It just doesn't seem to be fair that this ...

More worries for US financials

BENJAMIN ONG  |  TUESDAY, 19 AUG 2008
... rose as commodity prices fell, the Dow closed lower as more bad news on the US financial sector worried the market. Fannie Mae and Freddie Mac's share prices dropped by more than 20 percent last night on the back of an article in Barron magazine stated ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 AUG 2008
... YORK - Wall Street stocks plunged on Monday as jitters re-emerged over the financial health of mortgage-finance giants Fannie Mae and Freddie Mac, triggering fresh fears about the US credit crunch. The Dow Jones industrial average fell 180.51, or 1.55 ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 AUG 2008
... to cut its third-quarter dividend as it seeks to preserve capital. The well-being of Freddie Mac and sister company Fannie Mae is a big concern on Wall Street as the government-chartered companies hold or back nearly half of all US mortgage debt. The ...