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Showing 21 - 30 of 43 results for "Freddie Mac"

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
... 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 were fanned ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 AUG 2008
... 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 is how we react ...

More worries for US financials

BENJAMIN ONG  |  TUESDAY, 19 AUG 2008
... 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 that ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 AUG 2008
... 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 per cent, to settle ...

Eyes on the labour market

BENJAMIN ONG  |  THURSDAY, 7 AUG 2008
... crude oil stockpiles. This reversed the US equity market's earlier fall on weaker-than-expected earnings reports from Freddie Mac and mortgage insurer Ambac Financial. Freddie Mac announced a US$821 million loss -- more than three times market expectations ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 AUG 2008
... financial sector. Investors began the day fearing more industry-wide writedowns of bad home loans after mortgage financier Freddie Mac reported a larger than expected second-quarter loss. But a reversal in oil prices, continuing a decline that propelled ...

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
... is similar to how the home mortgage market is funded in Canada, but starkly different to the flawed Fannie Mae and Freddie Mac schemes used in the US, said Medcraft. "The difference between securitisers and banks is they can raise short term funding ...

SEC blocks bank short selling

MICHAEL HOBBS  |  MONDAY, 28 JUL 2008
... addition, JP Morgan Chase, Lehman Brothers Holdings, Merrill Lynch & Co, Mizuho Financial Group, Morgan Stanley, UBS, Freddie Mac and Fannie Mae are also covered in the emergency order. "The SEC's mission to protect investors, maintain orderly markets ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 JUL 2008
... at noon as bargain hunters snapped up banking shares, hurt by a loss of confidence in key US mortgage finance firms Freddie Mac and Fannie May. But big miners weakened on lower commodity prices, with energy stocks hit by a sharp fall in the oil price. ...