Finance Follow

Mortgage finance giant Freddie Mac on Wednesday reported a much bigger-than-expected loss, slashed its dividend and warned of more problems ahead for the battered housing and credit markets.

Promoted by Paulson as a safer way to fund mortgages, the bonds just transfer risk from buyers to the FDIC

Ah, now I get it. I posted the other day about the melodramatic whining and harumphing coming from certain blogs about the operations of certain local nonprofits and those who manage and donate to the organizations. The nonprofits have been...

South Canterbury Finance's controlling shareholder Allan Hubbard has taken the unusual step of writing to the company's investors to reassure them of the finance company's stability and profitability in a volatile environment. The...

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As part of our Sunday personal finance coverage, here's a sampling of online questions and answers looking at estate planning from our "Ask the Experts" forum. TRUDY NEARN An attorney, she specializes in wills, trusts and estate planning.

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Bank examiners from the Federal Reserve and the Comptroller of the Currency are scrutinizing the books of U.S. mortgage finance giants Fannie Mae and Freddie Mac, according to a published report.

Are you looking for ideas to finance your small business. After you have maxed out your family and friends, where do you turn? Tightened lending standards are making it harder for small businesses to borrow money.

The Bush administration is pressing Congress to sign off on a rescue plan for the mortgage finance companies Fannie Mae and Freddie Mac. Some lawmakers are critical of the effort. Republican Sen. Richard Shelby, the ranking member of the Senate Banking[...]