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70The government bailout of Fannie Mae and Freddie Mac explained.
The day that many predicted was coming has arrived, the Federal Government has decided to step in and take over the reigns of Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac are publicly traded...
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63What happened to the one-time write off for the credit crisis?
The subprime virus has spread! Rewind to the end of last year when the subprime mortgage crisis was just starting to rear its ugly head. The CNBC and Bloomberg announcers were all touting the financial...
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60IndyMac Bancorp nearly out of capital, who's next?
IndyMac Bancorp announced today that it will be slashing 3,800 jobs and closing their forward mortgage business. On the company's corporate blog, they gave the reasons for this move. The Pasadena-based company...
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