News

2008

September

15

• No 'golden parachutes' for Fannie, Freddie ex-CEOs. The government yesterday said it would not allow Fannie Mae and Freddie Mac to pay their departing chief executives the separation payments, known as "golden parachutes," outlined in their contracts. The Federal Housing Finance Agency

• Mantén el mejor historial de crédito. Una vez que hayas establecido tu historial crediticio, deberías seguir estos consejos básicos para mantener y desarrollar el mejor historial que puedas. Paciencia y moderación 1. Sé paciente; no aceptes todas las ofertas

• Reportan un récord de foreclosures en EEUU. Los trámites de ejecuciones hipotecarias en Estados Unidos subieron a un nivel récord en agosto conforme la caída de los precios de las propiedades convertía en una tarea difícil vender

14

• FHA loans enjoy a boom. It was the mortgage of last resort when home sales were booming. Buyers balked at the paperwork. Sellers hated the home-repair rules. What a difference a housing bust makes. "Now, it's almost automatic that it's

• Rescate de hipotecarias ayudará sólo a algunos. Pocos fuera de Washington y Wall Street podrán entender qué hacen las gigantes hipotecarias Fannie Mae y Freddie Mac, pero el rescate de ambas emprendido por el gobierno probablemente se sentirá en las ciudades

13

• These home equity loans come with big risks. When an investor offers you $50,000 or $100,000 in exchange for 30 percent to 50 percent of your home's future appreciation, is it a good deal? That's what some investment firms are promoting as an alternative to traditional home

11

• Housing, credit cards on Congress' plate. Although lawmakers have a lot to do, including passing 13 appropriations bills, congressional leaders are knocking down expectations of accomplishing much beyond a simple continuing resolution that would keep the government in operation until January. Democratic

• Mortgage rates plunge for those who qualify. The government takeover of Fannie Mae and Freddie Mac has sent mortgage rates tumbling, prompting homeowners and would-be buyers to flood loan offices with phone calls. But there's a catch: Although the lower interest rates

10

• Lose your house, lose your vote. The chairman of the Republican Party in Macomb County Michigan, a key swing county in a key swing state, is planning to use a list of foreclosed homes to block people from voting in the

09

• Mortgage giants’ future: rebuild or teardown. A day after the government seized control of the nation’s two largest mortgage finance companies, policy makers and Congress began what promises to be an epic political fight over how to revamp the companies

08

• Federal Government to takeover Fannie Mae and Freddie Mac (Chinese). 【綜合報道】美國財長保爾森周日宣布，接管陷入財困危機的兩大半官方按揭貸款機構房利美與房貸美，準備注資2000億元，撐住兩房。消息透露，檢討過兩房帳目後，當局發現兩房原來大玩會計財技，誇大資本水平，手頭實際資本遠低官方要求，白宮逼於無奈，只好出手拯救。總統布殊表示，政府出手接管陷入困境的兩房，可望為美國經濟打了強心針。而受美國接管兩房消息影響，亞洲股市普遍造好。(相關新聞刊A2)

• What the takeover means for your mortgage. Fannie Mae and Freddie Mac are the largest buyers of U.S. mortgages. Their takeover is expected to ripple through the economy, affecting U.S. home buyers directly and indirectly. Here are answers to common

• Gustav victims face insurance worries. As victims of Hurricane Gustav's fury turn to their insurance companies for help in recovering from the wind and water inflicted damage to their property, some are coming away with smiles while others may have

• Four tips to save home energy and your money. Many Americans spent the summer struggling to fill their tanks as the price of gas topped $4 a gallon. Added to that worry this winter will be the increasing cost of home heating. The U.S.

07

• Take your time with time shares. You're vacationing in the Bahamas with your girlfriends when the charming man in the flowered shirt comes by with offers of a free bottle of rum, breakfast and access to exclusive beachfront property for the

• Mortgage giants in government takeover. Federal officials said Sunday that they will take control of beleaguered mortgage giants Fannie Mae and Freddie Mac in the government's most aggressive move to stabilize a financial industry reeling from a year-old mortgage and

06

• New way to tap home equity. Improbable as it sounds at a time when U.S. homeowners have lost billions of dollars in equity, an industry is taking shape to help them tap portions of their equity wealth without incurring traditional

• Study: 9% of homeowners late with bill or in foreclosure. An industry group says a record 9.2% of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continued to mount.

02

• Using nest eggs before maturity. Six months ago, Ivan Sanchez was optimistic about his future. He had recently earned a bachelor's degree in business management and was writing a book about growing up among gangs and guns in the Bronx.

01

• Study: Bankruptcies soar for senior citizens. ST. AUGUSTINE, Fla. — First came the health problems. Then, unable to work, Ada Noda watched the bills pile up. And then, suffocating in debt, the 80-year-old did something she never thought she'd be forced to