House votes to bail out Fannie Mae, Freddie Mac
Jul 23, 2008
Articles
House votes to bail out Fannie Mae, Freddie Mac
NECN - Jul 23, 2008
(Peter Howe, NECN) - The House has passed legislation that allows the government to bail out the two mortgage backers. And the measure is on track to pass
House OKs rescue for homeowners, Freddie, Fannie
The Associated Press - Jul 23, 2008
WASHINGTON (AP) - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
The 272-152 vote reflected a congressional push to send election-year help to struggling borrowers and to reassure jittery financial markets about the health of two pillars of the mortgage market.
nies and the money for hard-hit neighborhoods. The grants are for buying and fixing up foreclosed properties.
The 272-152 vote reflected a congressional push to send election-year help to struggling borrowers and to reassure jittery financial markets about the health of two pillars of the mortgage market.
nies and the money for hard-hit neighborhoods. The grants are for buying and fixing up foreclosed properties.
Photos
The Associated Press - Jul 23, 2008
WASHINGTON (AP) — Rescue legislation sailed through the House on Wednesday aimed at helping 400000 strapped homeowners avoid foreclosure and preventing the
NECN - Jul 23, 2008
(Peter Howe, NECN) - The House has passed legislation that allows the government to bail out the two mortgage backers. And the measure is on track to pass
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Hey, Bernanke, Paulson, and, Bush: Pay off OUR Loans!
. Let the banks fail for a change. ... freddie mac fannie mae ben bernanke henry paulson george bush federal reserve ...
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